Quick Summary:
In an ever-evolving economic landscape, understanding your marketplace is key to staying competitive and the Alkyd Coatings market is no exception. Our latest comprehensive market report provides crucial insights into the Alkyd Coatings landscape, estimating the market size to exceed a staggering US$54.9 Billion by the year 2030. This report unearths in-depth information, analytics and actionable insights crucial to informed strategic planning and investment decisions.
Narrowing the focus, the report places particular emphasis on the critical role of Non-Drying Alkyd Resins, forecasting an impressive growth of 8.6% over the analysis period. Furthermore, shedding light on geographic markets, an in-depth analysis of market growth across the U.S., China, Japan, Canada, and Germany is extensively covered.
The report also offers a unique competitive analysis featuring 22 of the industry's most influential players, providing you with a complete understanding of market dynamics, key players, and future trends. Coupled with special features such as access to digital archives and our research platform, as well as complimentary updates for a year, this report is essential for strategic decision-making in the Alkyd Coatings industry.
Global Alkyd Coatings Market to Reach $54.9 Billion by 2030
The global market for Alkyd Coatings estimated at US$30.3 Billion in the year 2022, is projected to reach a revised size of US$54.9 Billion by 2030, growing at a CAGR of 7.7% over the analysis period 2022-2030. Non-Drying Alkyd Resins, one of the segments analyzed in the report, is projected to record 8.6% CAGR and reach US$24.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Drying Alkyd Resins segment is readjusted to a revised 6.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $8.2 Billion, While China is Forecast to Grow at 12.4% CAGR
The Alkyd Coatings market in the U.S. is estimated at US$8.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$13 Billion by the year 2030 trailing a CAGR of 12.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.Select Competitors (Total 22 Featured) -
- 3M Co
- Akzonobel N.V
- Basfe Se
- Hempel A/S
- Kansai Paints Co., Ltd
- Nippon Paints Co., Ltd
- PPG Industries, Inc.
- The Dow Chemical Company
- The Sherwin-Williams Company
- Wacker Chemie AG;
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Alkyd Coatings?
What is the growth rate of the Global Market for Alkyd Coatings?
What is the forecasted size of the Global Market for Alkyd Coatings?
Who are the key companies in the Global Market for Alkyd Coatings?
| Report Attribute | Details |
|---|---|
| No. of Pages | 83 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 30.3 Billion |
| Forecasted Market Value ( USD | $ 54.9 Billion |
| Compound Annual Growth Rate | 7.7% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- 3M Co
- Akzonobel N.V
- Basfe Se
- Hempel A/S
- Kansai Paints Co., Ltd
- Nippon Paints Co., Ltd
- PPG Industries, Inc.
- The Dow Chemical Company
- The Sherwin-Williams Company
- Wacker Chemie AG
