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ALKYD RESIN MARKET Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats.

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Presentation on theme: "ALKYD RESIN MARKET Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats."— Presentation transcript:

1 ALKYD RESIN MARKET 2018-2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

2 www.marketresearchfuture.com2 ALKYD RESIN MARKET Overview: Alkyd Resins have excellent weathering properties and compatibility with many other polymer coatings. These properties have major applications in traffic paints, concrete floor protective coatings, and industrial coatings. The demand for the market is increasing demand for protective coatings, furniture coatings, and for protecting concrete floor due to increasing industrialization, residential renovations and purchasing power of consumers. Increasing urbanization along with rising per capita disposable income in developed and emerging economies are predicted to drive the growth of the market over the forecast period 2017-2023. High adoption rate along with the increasing number of power plants to meet the need for energy of the ever-growing population. Moreover, continuous expansion of the automotive sector as well as shifting manufacturers focus towards protective paints made from alkyd resins are estimated to fuel the growth of the market during the review period, 2017-2023. However, growing environmental concern regarding the toxic effect of chemicals used in alkyd resin along with the implementation of the strict regulations is predicted to hinder the market growth over the assessment period 2017-2023. Alkyd Resin Market : Overview, Regional Analysis, Segmentation, Geographic Analysis, Key Players And Forecasts to 2023

3 www.marketresearchfuture.com3 ALKYD RESIN MARKET The Global Alkyd Resin Market Share By Application (%):

4 www.marketresearchfuture.com 4 ALKYD RESIN MARKET Regional Analysis: The Global Alkyd Resin Market is spanned across Five Key Regions: Asia Pacific, North America, Europe, Latin America, Middle East & Africa. Asia Pacific is predicted to grow at the highest CAGR during the review period 2017-2023 on account of growing architectural coating industry. The demand for Alkyd Resin is predicted to surge in numerous countries such as China, India, Thailand, and Indonesia due to increasing construction activities. 51% population of China is living in the urban region, still, a considerable growth in the construction industry is expected. Moreover, huge presence of raw materials in this region is predicted to propel the growth of the market. North American Alkyd Resin Market is predicted to witness an exponential growth on account of high consumption potential, increasing production capacities, and rising economic growth rate. In the North American region, the U.S. is predicted to be the major contributor to the regional growth. As of 2016, the U.S accounted for the largest market share and is followed by Canada in terms of value & volume and is estimated to grow at the moderate CAGR due to growing end-use industries.

5 www.marketresearchfuture.com5 Browse Report @ https://www.marketresearchfuture.com/reports/alkyd-resin-market-4925https://www.marketresearchfuture.com/reports/alkyd-resin-market-4925 In Europe, the demand for Alkyd Resin is predicted to grow in various countries such as Italy, Germany, Spain, the U.K, France, and Russia owing to increasing expenditure on innovation and growing purchasing power of consumers. Moreover, the presence of major automobile manufacturers require protective car paints, specifically, Germany is expected to give a push to the Alkyd Resin Market growth. Latin American countries such as Argentina, Colombia, and Brazil are also predicted to witness substantial growth owing to increasing consumer spending on passenger cars as well as the involvement of new technologies and inventions in alkyd resin. In the Middle East & Africa, the architectural coatings segment is fueling the Alkyd Resin Market growth owing to the proposed new construction projects to make this region as a global travel hub, especially, U.A.E.

6 www.marketresearchfuture.com6 ALKYD RESIN MARKET Segmentation: The Global Alkyd Resin Market is categorized on the basis of Type, Applications, and Region: On The Basis Of Type: Short Oil, Medium Oil, Long Oil On The Basis Of Applications: Printing Ink, Architectural Coatings, Furniture Coatings, Automotive Paints, Industrial Coatings

7 www.marketresearchfuture.com7 On The Basis Of Region: Asia Pacific, Europe, Latin America, North America, Middle East & Africa. ALKYD RESIN MARKET Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4925https://www.marketresearchfuture.com/sample_request/4925

8 www.marketresearchfuture.com8 ALKYD RESIN MARKET Key Players: Some of the Major Players operating in the global Alkyd Resin Market are: BASF SE (Germany), Arkema S.A. (France), Yuen Liang Industrial & Co., Ltd (Taiwan), Synthopol (Germany), Polynt Composites USA Inc. (U.S.), OPC Polymers (U.S.), Nuplex Industries Ltd. (U.S.), Emerald Performance Materials (U.S.), Regent (U.S.), Brenntag Specialties, Inc. (U.S.)

9 www.marketresearchfuture.com9 ABOUT US MARKET RESEARCH FUTURE: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous- Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.comwww.marketresearchfuture.cominfo@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.

10 www.marketresearchfuture.com10 MARKET RESEARCH FUTURE THANK YOU salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK)


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