280.16 thousand MT growth in Alkyd resin market, Evolving Opportunities with Akzo Nobel NV and Arakawa Chemical Industries Ltd. - Technavio

2022-09-03 03:55:30 By : Ms. Lorna Guo

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NEW YORK , Aug. 29, 2022 /PRNewswire/ -- The Alkyd Resin Market size is expected to grow by 280.16 th MT at a CAGR of 3.57% during the forecast period. The report extensively covers alkyd resin market segmentation by application (architectural, industrial, automotive, and others) and geography (APAC, Europe , MEA, North America , and South America ).

One of the main factors propelling the growth of the global alkyd resin market is the excellent features of alkyd resins. Polyhydric alcohols are heated with polybasic acids or their anhydrides to create alkyd resins, which are thermoplastic polyester resins. Due to their excellent weathering characteristics, alkyd resins are employed in the production of protective coatings. Because of their adaptability and affordability, these resins are the most vital components used in the production of synthetic paints.

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Five Major Alkyd Resin Companies:

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The architectural segment's share of the alkyd resin market will expand significantly. Architectural coatings used on both commercial and residential buildings use alkyd resins for architectural purposes. They shield structures from contaminants like moisture, UV rays, and microorganisms. Alkyd resins are used in the formulation of many different types of architectural coating products, including paints, primers, lacquers, varnishes, and stains. Get a Free Sample Report.

Polyhydroxyalkanoate Market by Type, Application, and Geography - Forecast and Analysis 2022-2026. Download Free Sample Report.

Metal Bonding Adhesives Market by End-user and Geography - Forecast and Analysis 2022-2026. Download Free Sample Report.

Synthetic Leather Market by Product, End-user and Geography - Forecast and Analysis 2022-2026. Download Free Sample Report.

Accelerate at a CAGR of 3.57%

APAC, Europe, MEA, North America, and South America

China, US, Japan, Germany, and India

Leading companies, Competitive strategies, Consumer engagement scope

Akzo Nobel NV, Arakawa Chemical Industries Ltd., Arkema Group, BASF SE, Eternal Materials Co. Ltd., Evonik Industries AG, Mitsui Chemicals Inc., Polynt Spa, Solvay SA, and Synthomer Plc

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

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Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/

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