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Global Alkyd Resin Market Size, Industry Trends, Share and Forecast 2020-2026

Alkyd resin market is projected to grow at a considerable CAGR of around 3% during the forecast period (2020-2026). The rising demand for aesthetic appearance, high-quality performance, along with low-cost product for coating purpose is the major factor appealing the demand for acrylic resin, which in turn is driving the growth of the global alkyd resin market.

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Global Alkyd Resin Market Size, Industry Trends, Share and Forecast 2020-2026

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  1. Orion Market Research Global Alkyd Resin Market, Size, Share, Analysis Report & Forecast to 2025 Request a Free Sample of our Global Alkyd Resin Market: https://www.omrglobal.com/request- sample/alkyd-resin-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

  2. The global alkyd resin market is anticipated to showcase a considerable CAGR during the forecast period. The increasing use of alkyd resin coating in end-user industry owing to its inherent or modified chemical properties is making a significant contribution towards the growth of the alkyd resin market across the globe. Alkyd resins are the poly compound that belongs to the family of thermosetting polyesters. The polymer structure of the alkyd resins makes them a preferred choice for the preparation of enamels and paints with different specific characteristics. These compounds are assumed to be highly flexible and adaptable to the final needs of the producer. A full Report of Global Alkyd Resin Market is Available at: https://www.omrglobal.com/industry- reports/alkyd-resin-market The ability of alkyd resins to get quickly modified by reaction with species containing isocyanates group improves their film hardness and durability making them suitable for better wood finish and quick- drying paints for high-performance applications. Therefore, the growing furniture industry due to rising income level, inclination towards a sedentary lifestyle, and rising construction activities are anticipated to drive the demand of alkyd resins in the construction industry. In the modification of alkyd resin with the nitrocellulose, alkyd resin acts as a resinous plasticizer that imparts flexibility, adhesion, and gloss to the nitrocellulose. Request a Free Sample of our Global Alkyd Resin Market: https://www.omrglobal.com/request- sample/alkyd-resin-market The modified alkyd resin is suitable for use in the coating of automotive lacquers, and traffic paints. The growing automotive industry across the globe is making a huge contribution to the growth of the global alkyd resin market. When modified with chlorinated rubber, the product exhibit improved adhesion, toughness, drying rate, durability, and excellent resistance to the acid, alkali, and water. Therefore, the chlorinated rubber modified alkyd resins are used in road marking paints, concrete floor paints, and swimming pool paints. In addition, the alkyd resins can be modified by the use of silicon resin. The low molecular weight of siloxane offer alkyd resin with highly improved durability increased heat resistance, and high gloss retention. The modified product exhibit suitable characteristics for use in the exterior paints in buildings. Phenolic resin-modified alkyd resin offers excellent gloss retention, durability, and better resistance to the water, acid, and alkali. These properties of the final product make it acceptable in undercoat application and primers. Therefore, the easy modification of the alkyd resin with different chemical compounds to enhance its chemical properties is anticipated to promote the growth of the alkyd resin market during the forecast period. Global Alkyd Resin Market Segmentation By Class • • • Long Alkyd Resin Medium Alkyd Resin Short Alkyd Resin By End-User Industry

  3. • • • • Building & Construction Furniture Automotive Others Global Alkyd Resin Market Segmentation- by region North America • • United States Canada Europe • • • • • • UK Germany Italy Spain France Rest of Europe Asia-Pacific • • • • China Japan India Rest of the Asia-Pacific Rest of the World Company Profiles •Allnex Netherlands B.V. •Arkema S.A. •BASF SE •Brenntag Specialties, Inc. •DSV Chemicals Pvt Ltd. •Emerald Performance Materials, LLC •Eternal Materials Co. Ltd. •Evonik Industries, Ltd. •Hempel A/S •Koninklijke DSM N.V. •Macro Polymers Pvt. Ltd. •Mancuso Chemicals Ltd.

  4. •Nord Composites SA •OPC Polymers •Polynt SpA •Solvay S.A. •Synthopol Chemie Dr. rer. pol. Koch GmbH & Co. KG •The Dow Chemical Co. •The Cary Company •Wacker Chemie AG •Yuen Liang Industrial & Co., Ltd. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/alkyd-resin-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803040404

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