Request SampleGlobal Alkyds Coatings Market Research Report 2023
SKU ID : QYR-25151230 | Publishing Date : 10-Oct-2023 | No. of pages : 97
Alkyd Coatings (alkyd resin coating) is mainly composed of alkyd resin. Alkyd resin is a kind of polymer material prepared by polycondensation with polyols, polybasic acids and fatty acids as the main raw materials. The film has soft luster, good flexibility, good adhesion and outdoor durability.
According to Researcher's new survey, global Alkyds Coatings market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Alkyds Coatings market research.
The alkyds coatings market is a segment of the global coatings industry that focuses on the production and application of coatings based on alkyd resins. Alkyd resins are synthetic polymers derived from the reaction between polyhydric alcohols or polyols with dibasic acids or anhydrides.
Alkyds coatings are widely used in various industries, including automotive, construction, furniture, and appliances. They offer several advantages such as good adhesion, excellent gloss retention, high durability, and resistance to chemicals and weathering. These properties make them suitable for applications requiring protective coatings that can withstand harsh environmental conditions.
The global alkyds coatings market has experienced steady growth in recent years, driven by increasing demand from end-use industries. The growth of the construction sector, especially in emerging economies, has been a significant driver for the market. Additionally, rising investments in infrastructure development and urbanization contribute to the demand for alkyds coatings.
In terms of regional analysis, Asia-Pacific is the largest market for alkyds coatings, attributed to rapid industrialization, urbanization, and increasing automotive production in countries like China and India. North America and Europe also hold significant shares in the market due to the well-established construction and automotive sectors.
However, the alkyds coatings market faces challenges such as strict environmental regulations regarding volatile organic compounds (VOC) emissions. Increasing awareness about environmental sustainability has led to a shift toward water-based coatings, which offer lower VOC emissions compared to solvent-based alkyds coatings.
To stay competitive, manufacturers are investing in research and development activities to develop eco-friendly alkyds coatings with reduced VOC content. They are also focusing on product innovations, such as low-temperature curing alkyds coatings, to cater to evolving customer preferences.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Alkyds Coatings market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
PPG Industries
Sherwin-Williams
AkzoNobel
NipponPaint
Axalta Coating Systems
Huarun
Carpoly
Skshu
Maydos
Bauhinia Adcanced Materials Group
Segment by Type
Solvent-Based
Water-Based
Segment by Application
Industrial Building
Automobile and Transportation
Residential
Municipal Administration
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Alkyds Coatings report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
According to Researcher's new survey, global Alkyds Coatings market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Alkyds Coatings market research.
The alkyds coatings market is a segment of the global coatings industry that focuses on the production and application of coatings based on alkyd resins. Alkyd resins are synthetic polymers derived from the reaction between polyhydric alcohols or polyols with dibasic acids or anhydrides.
Alkyds coatings are widely used in various industries, including automotive, construction, furniture, and appliances. They offer several advantages such as good adhesion, excellent gloss retention, high durability, and resistance to chemicals and weathering. These properties make them suitable for applications requiring protective coatings that can withstand harsh environmental conditions.
The global alkyds coatings market has experienced steady growth in recent years, driven by increasing demand from end-use industries. The growth of the construction sector, especially in emerging economies, has been a significant driver for the market. Additionally, rising investments in infrastructure development and urbanization contribute to the demand for alkyds coatings.
In terms of regional analysis, Asia-Pacific is the largest market for alkyds coatings, attributed to rapid industrialization, urbanization, and increasing automotive production in countries like China and India. North America and Europe also hold significant shares in the market due to the well-established construction and automotive sectors.
However, the alkyds coatings market faces challenges such as strict environmental regulations regarding volatile organic compounds (VOC) emissions. Increasing awareness about environmental sustainability has led to a shift toward water-based coatings, which offer lower VOC emissions compared to solvent-based alkyds coatings.
To stay competitive, manufacturers are investing in research and development activities to develop eco-friendly alkyds coatings with reduced VOC content. They are also focusing on product innovations, such as low-temperature curing alkyds coatings, to cater to evolving customer preferences.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Alkyds Coatings market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
PPG Industries
Sherwin-Williams
AkzoNobel
NipponPaint
Axalta Coating Systems
Huarun
Carpoly
Skshu
Maydos
Bauhinia Adcanced Materials Group
Segment by Type
Solvent-Based
Water-Based
Segment by Application
Industrial Building
Automobile and Transportation
Residential
Municipal Administration
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Alkyds Coatings report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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