Eco-Friendly Alkyd Resin Market

Alkyd resins based on vegetable oil have been proven to be superior to other resins in many special areas because of its low cost, inherent biodegradability and excellent mechanical and durability characteristic.Alkyds are used in paints, varnishes and in moulds for casting. They are the dominant resin or binder in most commercial oil-based coatings. Approximately 200,000 tons of alkyd resins are produced each year. The original alkyds were compounds of glycerol and phthalic acid sold under the name Glyptal.

Eco-Friendly Alkyd Resin Market contains market size and forecasts of Eco-Friendly Alkyd Resin in global, including the following market information:

Global Eco-Friendly Alkyd Resin Market Revenue, 2018-2023, 2023-2030, ($ millions)

Global Eco-Friendly Alkyd Resin Market Sales, 2018-2023, 2023-2030, (K Tons)

Global top five Eco-Friendly Alkyd Resin companies in 2022 (%)

The global Eco-Friendly Alkyd Resin market was valued at million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.

The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.

Long Oil Alkyd (LOA) Containing 56% Fatty Acids Segment to Reach $ Million by 2030, with a % CAGR in next six years.

The global key manufacturers of Eco-Friendly Alkyd Resin include PPG, Eternal, Perstorp Group, Valspar, Nuplex Industries, ALFA KIMYA, Nycil, Allnex and Endmoun and etc. In 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Eco-Friendly Alkyd Resin manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Eco-Friendly Alkyd Resin Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (K Tons)

Global Eco-Friendly Alkyd Resin Market Segment Percentages, by Type, 2022 (%)

Long Oil Alkyd (LOA) Containing 56% Fatty Acids

Medium Oil Alkyd (MOA) Containing 46-55% Fatty Acids

Short Oil Alkyd (SOA) Containing Less Than 35-45% Fatty Acids

Global Eco-Friendly Alkyd Resin Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (K Tons)

Global Eco-Friendly Alkyd Resin Market Segment Percentages, by Application, 2022 (%)

Online Sales

Offline Sales

Global Eco-Friendly Alkyd Resin Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (K Tons)

Global Eco-Friendly Alkyd Resin Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Eco-Friendly Alkyd Resin revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Eco-Friendly Alkyd Resin revenues share in global market, 2022 (%)

Key companies Eco-Friendly Alkyd Resin sales in global market, 2018-2023 (Estimated), (K Tons)

Key companies Eco-Friendly Alkyd Resin sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

PPG

Eternal

Perstorp Group

Valspar

Nuplex Industries

ALFA KIMYA

Nycil

Allnex

Endmoun

OPC POLYMERS