According to a market report by Lucintel, the future of the global alkyd coatings market looks promising with opportunities in the automotive industry, architecture industry, marine industry, food and beverage industry, and appliances markets. The global alkyd coatings market is expected to grow with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are the burgeoning adoption of alkyd coatings within the marine sector and expanding utilization of alkyd coatings in the construction sector.
A more than 150-page report to
understand trends, opportunity and
forecast in alkyd coatings market to 2030 by resin type (non-drying alkyd resins, drying alkyd
resins, and semi-drying alkyd resins), process type (fatty acid process and
glyceride process), application (automotive refinishing primers, coil coatings,
drum and metal container coating, electrical insulating enamels, exterior trim
paints, maintenance paint, packaging, and others), end use (automotive
industry, architecture industry, marine industry, food and beverage industry,
appliances, and others), and region (North America, Europe, Asia Pacific, and
the Rest of the World).
Lucintel
forecasts that non-drying alkyd resins will remain the largest segment over the
forecast period due to the rising need for non-drying alkyd resins as
supplementary components in coatings.
Within
this market, architecture industry is expected to witness highest growth over
the forecast period due to elevated demand for residential, commercial, and
industrial facilities.
Download
sample by clicking on alkyd coatings
market.
APAC will
remain the largest region over the forecast period due to rise in usage of
alkyd coatings in the region.
3M,
Akzonobel, BASF, Hempel, Kansai Paints, Nippon Paints, Ppg Industries, The Dow
Chemical, The Sherwin-Williams, Wacker Chemie are the major suppliers in the alkyd coatings market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years.
We are quoted in several publications like the Wall Street Journal, ZACKS, and
the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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