Global Alkyd Resin Market Overview

Global Alkyd Resin market is around US$ 3 billion in 2018 and is expected to grow at a CAGR of 6.0% from 2018 to 2023, to reach at a valuation of around US$ 4 billion by end of the forecast period.

Alkyd resin is the complex oil modified polyester that serves as the film-forming agent in some paints and clear coatings. Alkyd resins are made by reacting dibasic acid or their anhydrides with polyols and drying oil.

The different sectors covered for Alkyd Resin applications are decorative paints and gloss enamel, primers and furniture finishes, industrial applications and miscellaneous applications.

This study focuses on the estimation and forecast of the Alkyd Resin market size in various regions, demand supply gap, trade flow, emerging players in the market and to look into the new developments whether in the form of capacity addition or any new expansion in the market.

The Alkyd Resin market is distributed in different regions like Africa, North America, South America, Middle East, Indian Sub-Continent, South East Asia, North East Asia, China, Europe and Australia. The capacity of Alkyd Resin is mainly concentrated in North America, China, Indian Sub-Continent and Europe.

The major players in the market are Polynt, BASF, Yuan Liang Industrial Ltd, Synthopol, AKZO Nobel.

This report covers the global scenario on Alkyd Resin Industry, Region-wise Supply Demand Analysis and Future Demand Projections for the Africa, South America, North America, Indian Subcontinent, North East Asia, China, South East Asia, Middle East, Europe and Australia. For Indian scenario this report covers major producers, Supply, Demand, Market Drivers and Future Projection.