Global Alkyds Coatings Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Alkyds Coatings Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Alkyds Coatings market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.

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.

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.

The Global Info Research report includes an overview of the development of the Alkyds Coatings industry chain, the market status of Industrial Building (Solvent-Based, Water-Based), Automobile and Transportation (Solvent-Based, Water-Based), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Alkyds Coatings.

Regionally, the report analyzes the Alkyds Coatings markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Alkyds Coatings market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Alkyds Coatings market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Alkyds Coatings industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Kiloton), revenue generated, and market share of different by Type (e.g., Solvent-Based, Water-Based).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Alkyds Coatings market.

Regional Analysis: The report involves examining the Alkyds Coatings market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Alkyds Coatings market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Alkyds Coatings:

Company Analysis: Report covers individual Alkyds Coatings manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Alkyds Coatings This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Industrial Building, Automobile and Transportation).

Technology Analysis: Report covers specific technologies relevant to Alkyds Coatings. It assesses the current state, advancements, and potential future developments in Alkyds Coatings areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Alkyds Coatings market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Alkyds Coatings market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Solvent-Based
Water-Based

Market segment by Application
Industrial Building
Automobile and Transportation
Residential
Municipal Administration
Others

Major players covered
PPG Industries
Sherwin-Williams
AkzoNobel
NipponPaint
Axalta Coating Systems
Huarun
Carpoly
Skshu
Maydos
Bauhinia Adcanced Materials Group

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Alkyds Coatings product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Alkyds Coatings, with price, sales, revenue and global market share of Alkyds Coatings from 2019 to 2024.

Chapter 3, the Alkyds Coatings competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Alkyds Coatings breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Alkyds Coatings market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Alkyds Coatings.

Chapter 14 and 15, to describe Alkyds Coatings sales channel, distributors, customers, research findings and conclusion.