Alkyd Resin Market Research Report- Forecast to 2023

Alkyd Resin Market Research Report- Forecast to 2023

ID: MRFR/CnM/3494-CRR | May, 2018 | Region: Global | 145 pages | Cooked Research Reports

Global Alkyd Resin Market Information: By Type (Oil Based, Modified, Water Reducible, Others) End-Use Industry (Building & Construction, Automotive, Industrial, Furniture, Others) Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)- Forecast Till 2023


Synopsis of Alkyd Resin Market


Alkyd resins are produced by reacting dibasic acid or their anhydrides with polyols and drying oil. These resins are highly compatible with various synthetic paints owing to its versatility and good weathering properties. With different specific characteristics, polymer structure of alkyd resins is suitable to be used as a basis for enamels and paints production. Moreover, incorporation of volatile organic solvents and their low durability on exterior surfaces, yield high preeminence to newer polymer systems.


Market Research Future analyzed some of the protuberant factors that are propelling the market growth such as increasing demand for paints & coatings along with growing consumption of printing inks in packaging sectors. Furthermore, growing demand for the automotive refinishes is projected to drive the market growth. According to OICA, automotive refinishes occupies 26% of the global market share. Automotive refinishes provides excellent surface protection, visual appearance, and resistance to extreme weather, temperature, and water. Thus, factors such as high insurance cost, replacement demand from household swapping their old vehicles and increasing investment in vehicle refinish are contributing to the market growth.


However, stringent regulation laid by EPA and REACH owing to high VOC emission in coatings industry is likely to hinder the market growth. Alkyd resins are solvent borne containing 50% of VOC in the paint formulation. The main environmental issue with alkyd resin-based paints is a high usage of cobalt-based driers. Thus, shifting preference towards water-based latex paints are likely to provide an opportunity to the market players.


As per the MRFR analysis, the global alkyd resin market was valued at USD 2,610 million in 2016 and is projected to reach USD 3,257.7 million by 2023. The global market is expected to grow at CAGR 3.32% in terms of value and 3.07% in terms of volume.

Global Alkyd Resin Market, by End-Use Industry 2016 (%)


 Alkyd Resin Market


Source: MRFR Analysis


Regional Analysis


According to MRFR analysis, the global alkyd resin market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is leading the global market with 36% of market share and is estimated to reach USD 1213.5 million by 2023. The robust manufacturing base of automotive in China, South Korea, Japan, and India are likely to drive the sales of a passenger car, which, in turn, is expected to drive the alkyd resin market. Rehabilitation of old paint shops coupled with faster access to latest OEM digital color solution is expected to drive trend towards waterborne alkyd-based coating. Thus, advance technology and government efforts to reduce VOC emission is providing a lucrative opportunity to the alkyd resin manufacturers. Moreover, established construction industry and construction repair activities have driven the demand in this market.


The Middle East & Africa is the fastest growing market and is estimated to grow at a CAGR of 3.44% during the forecast period, 2017-2023. Rising demand for luxury cars and performance customization along with huge expenditure on infrastructure development are likely to drive the regional demand for alkyd resin market.


Russia, Germany, and the U.K are the most promising country level markets in Europe and led the second position of this region. Regulatory bodies such as REACH has specific norms on carbon emission driven by the rising awareness of the alkyd resin and its benefits on energy-saving operations. Germany holds the major part of this region with more than one-third regional market shares and is expanding at a significant CAGR of 3.29%. Large automotive hubs and supportive government regulations are likely to drive the automotive coatings market, which, in turn, may drive the alkyd resin market growth. The region has acquired 28% share of the global market and is expected to witness market growth at a CAGR of 3.04% during forecast period.


The emergence of China as a global manufacturing hub, proximity of cheap labor force, abundance of raw material, and emerging industrial economies are some of the factors pushing the growth of paints & coatings market, thereby, driving the alkyd resin market growth. Moreover, China market has generated the largest revenue of USD 586.3 million in 2016 and is likely to grow at a dynamic CAGR of 3.83% over the forecast period.


Segmentation


The alkyd resin market is segmented on the basis of type, end-use industry, and region. On the basis of the type, the market is segmented into oil-based, modified, water reducible, others. Oil based segment is leading the market with 42.0% market share and is estimated to reach USD 1,062.4 million by 2023.  Market segmentation based on end-use industry includes building & construction, automotive, industrial, furniture, and others. Among these application industries, building & construction is leading the market growth owing to rising demand for water-based alkyd resins from the paints & coating industry. On the basis of the region, the global market is spanned across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa


Key Players.


Some of the key players operating in the global alkyd resin market are Polynt SpA, Nord Composites, Mancuso Chemicals Limited, D.S.V Chemicals Pvt Ltd., Macro Polymers, BASF SE, Spolchemie, DowDuPont Inc., DSM, Arkema SA, and Cytech Solvay Group.


Geographic Analysis 


The report covers brief analysis of geographical region such as:


North America


  • U.S

  • Canada


Europe


  • Germany

  • K

  • Russia

  • France

  • Spain

  • Italy

  • Rest of Europe


Asia Pacific


  • China

  • India

  • Japan

  • Australia

  • Rest of Asia Pacific


Latin America



  • Brazil

  • Mexico

  • Argentina

  • Rest of Latin America


Middle East & Africa


  • Turkey

  • Israel

  • C.C.

  • North Africa

  • Rest of Middle East & Africa


Key Findings



  • Global alkyd resin market is projected to reach USD 3,257.7 million by 2023 at a CAGR of 3.32%

  • Asia Pacific emerged as the global leader in this market and has acquired 36% of the global share, expanding at CAGR of 3.82%

  • As per the analysis, the U.S., China, Germany, and Mexico was the most promising country-level market, which generated largest revenue due to the high presence of automotive refinishes producers, strong growth of the packaging industry along with large printing inks industry.

  • On the basis of the type, the oil-based alkyd resin dominated the global market in 2016, with significant market shares of 41.8% and is expected to witness an expanding CAGR of 3.07% during the forecast period. Similarly, the end-use industry is dominated by building & construction and is estimated to reach USD 1,192.3 million by 2023

  • Asia Pacific is likely to be the highly focused market for key industry participant over the assessment period. Increasing industrial investment, industrial automation, and industrial expansion have increased the importance of this region among the industry players


Intended Audience



  • Alkyd resin manufacturers

  • Traders and distributors of Alkyd resin manufacturers

  • Production process industries

  • Potential investors

  • Raw material suppliers

License

Single User Enterprise User (Buy Premium Reports Chapterwise)
Currency

TABLE OF CONTENTS

2.1 Market Definition 17

2.2 Scope of The Study 17

2.2.1 Research Objectives 17

2.2.2 Assumptions 17

2.2.3 Limitations 17

2.3 Market Structure 18

3.1 Research Process 21

3.2 Primary Research 22

3.3 Secondary Research 22

3.4 Market Size Estimation 22

3.5 Forecast Model 23

4.1 Introduction 25

4.2 Drivers 26

4.2.1 Increasing demand for paint & coatings from the end-user industries 26

4.2.2 Growing demand for the automotive refinishes 27

4.2.3 Growing consumption of printing inks 28

4.3 Restraint 29

4.3.1 Stringent regulations on the manufacturing alkyd resins 29

4.4 Trends 30

4.4.1 Increasing preference for waterborne alkyd resin technology trending in architectural coatings application 30

4.5 Opportunity 30

4.5.1 Rapid growth of curable resins provides lucrative opportunities to market players 30

5.1 Supply Chain Analysis 32

5.1.1 Raw Material Suppliers 32

5.1.2 Alkyd Resin Producers 33

5.1.3 Distributors 33

5.1.4 End User 33

5.2 Porter’s Five Forces 33

5.2.1 Threat of new entrants 33

5.2.2 The intensity of competitive rivalry 33

5.2.3 Bargaining power of supplier 33

5.2.4 Bargaining power of buyer 33

5.2.5 Threat of Substitute 34

6.1 Introduction 36

6.2 Oil Based Alkyd Resins 38

6.3 Modified Alkyd Resin 40

6.4 Water Reducible Alkyd Resin 42

6.5 Others 43

7.1 Introduction 45

7.2 Building & Construction 47

7.3 Automotive 48

7.4 Industrial 49

7.5 Furniture 50

7.6 Others 51

8.1 Introduction 53

8.2 North America 57

8.2.1 U.S. 61

8.2.2 Canada 63

8.3 Europe 65

8.4 Germany 69

8.4.1 UK 71

8.4.2 France 73

8.4.3 Spain 75

8.4.4 Italy 77

8.4.5 Russia 79

8.4.6 Rest of Europe 81

8.5 Asia Pacific 83

8.5.1 China 87

8.5.2 Japan 89

8.5.3 India 91

8.5.4 Australia 93

8.5.5 Rest of Asia Pacific 95

8.6 Latin America 97

8.6.1 Brazil 101

8.6.2 Mexico 103

8.6.3 Argentina 105

8.6.4 Rest of Latin America 107

8.7 Middle East & Africa 109

8.7.1 Turkey 113

8.7.2 Israel 115

8.7.3 GCC 117

8.7.4 North Africa 119

8.7.5 Rest of Middle East & Africa 121

9.1 Expansion 124

9.2 Acquisition 125

9.3 Agreement, Partnership and Joint Venture 125

10.1 Polynt SpA 127

10.1.1 Company Overview 127

10.1.2 Financials 127

10.1.3 Products 127

10.1.4 Strategy 127

10.1.5 Key Developments 127

10.2 Nord Composites 128

10.2.1 Company Overview 128

10.2.2 Financials 128

10.2.3 Products 128

10.2.4 Strategy 128

10.2.5 Key Developments 128

10.3 Mancuso Chemicals Limited 129

10.3.1 Company Overview 129

10.3.2 Financials 129

10.3.3 Products 129

10.3.4 Strategy 129

10.3.5 Key Developments 129

10.4 D.S.V Chemicals Pvt Ltd 130

10.4.1 Company Overview 130

10.4.2 Financials 130

10.4.3 Products 130

10.4.4 Strategy 130

10.4.5 Key Developments 130

10.5 Macro Polymers 131

10.5.1 Company Overview 131

10.5.2 Financials 131

10.5.3 Products 131

10.5.4 Strategy 131

10.5.5 Key Developments 131

10.6 BASF SE 132

10.6.1 Company Overview 132

10.6.2 Financials 132

10.6.3 Products 132

10.6.4 Strategy 132

10.6.5 Key Developments 132

10.7 Spolchemie 133

10.7.1 Company Overview 133

10.7.2 Financials 133

10.7.3 Products 133

10.7.4 Strategy 133

10.7.5 Key Developments 133

10.8 DowDuPont Inc. 134

10.8.1 Company Overview 134

10.8.2 Financials 134

10.8.3 Products 134

10.8.4 Strategy 134

10.8.5 Key Developments 134

10.9 DSM 135

10.9.1 Company Overview 135

10.9.2 Financials 135

10.9.3 Products 135

10.9.4 Strategy 135

10.9.5 Key Developments 135

10.10 Arkema SA 136

10.10.1 Company Overview 136

10.10.2 Financials 136

10.10.3 Products 136

10.10.4 Strategy 136

10.10.5 Key Developments 136

10.11 Cytech Solvay Group 137

10.11.1 Company Overview 137

10.11.2 Financials 137

10.11.3 Products 137

10.11.4 Strategy 137

10.11.5 Key Developments 137

TABLE 1 GLOBAL ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 36

TABLE 2 GLOBAL ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 37

TABLE 3 GLOBAL OIL BASED ALKYD RESINS MARKET FOR ALKYD RESIN MARKET, BY REGIONS, (2015-2023) (USD MILLION) 38

TABLE 4 GLOBAL OIL BASED ALKYD RESIN MARKET FOR ALKYD RESIN MARKET, BY REGIONS, (2015-2023) (KILO TONS) 38

TABLE 5 GLOBAL OIL BASED ALKYD RESINS MARKET BY TYPE, (2015-2023) (USD MILLION) 39

TABLE 6 GLOBAL OIL BASED ALKYD RESIN MARKET BY TYPE, (2015-2023) (KILO TONS) 39

TABLE 7 GLOBAL MODIFIED ALKYD RESIN MARKET FOR ALKYD RESIN MARKET, BY REGIONS, (2015-2023) (USD MILLION) 40

TABLE 8 GLOBAL MODIFIED ALKYD RESIN MARKET FOR ALKYD RESIN MARKET, BY REGIONS, (2015-2023) (KILO TONS) 40

TABLE 9 GLOBAL MODIFIED ALKYD RESIN MARKET BY TYPE, (2015-2023) (USD MILLION) 41

TABLE 10 GLOBAL MODIFIED ALKYD RESIN MARKET BY TYPE, (2015-2023) (KILO TONS) 41

TABLE 11 GLOBAL WATER REDUCIBLE ALKYD RESIN MARKET FOR ALKYD RESIN MARKET, BY REGIONS, (2015-2023) (USD MILLION) 42

TABLE 12 GLOBAL WATER REDUCIBLE ALKYD RESIN MARKET FOR ALKYD RESIN MARKET, BY REGIONS, (2015-2023) (KILO TONS) 42

TABLE 13 GLOBAL OTHER ALKYD RESIN MARKET FOR ALKYD RESIN MARKET, BY REGIONS, (2015-2023) (USD MILLION) 43

TABLE 14 GLOBAL OTHER ALKYD RESIN MARKET FOR ALKYD RESIN MARKET, BY REGIONS, (2015-2023) (KILO TONS) 43

TABLE 15 GLOBAL ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 45

TABLE 16 GLOBAL ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 46

TABLE 17 GLOBAL BUILDING & CONSTRUCTION MARKET FOR ALKYD RESIN MARKET, BY REGIONS, (2015-2023) (USD MILLION) 47

TABLE 18 GLOBAL BUILDING & CONSTRUCTION MARKET FOR ALKYD RESIN MARKET, BY REGIONS, (2015-2023) (KILO TONS) 47

TABLE 19 GLOBAL AUTOMOTIVE MARKET FOR ALKYD RESIN MARKET, BY REGIONS, (2015-2023) (USD MILLION) 48

TABLE 20 GLOBAL AUTOMOTIVE MARKET FOR ALKYD RESIN MARKET, BY REGIONS, (2015-2023) (KILO TONS) 48

TABLE 21 GLOBAL INDUSTRIAL MARKET FOR ALKYD RESIN MARKET, BY REGIONS, (2015-2023) (USD MILLION) 49

TABLE 22 GLOBAL INDUSTRIAL MARKET FOR ALKYD RESIN MARKET, BY REGIONS, (2015-2023) (KILO TONS) 49

TABLE 23 GLOBAL FURNITIURE MARKET FOR ALKYD RESIN MARKET, BY REGIONS, (2015-2023) (USD MILLION) 50

TABLE 24 GLOBAL FURNITURE MARKET FOR ALKYD RESIN MARKET, BY REGIONS, (2015-2023) (KILO TONS) 50

TABLE 25 GLOBAL OTHERS MARKET FOR ALKYD RESIN MARKET, BY REGIONS, (2015-2023) (USD MILLION) 51

TABLE 26 GLOBAL OTHERS MARKET FOR ALKYD RESIN MARKET, BY REGIONS, (2015-2023) (KILO TONS) 51

TABLE 27 GLOBAL ALKYD RESIN MARKET, BY REGION, (2015-2023) (USD MILLION) 53

TABLE 28 GLOBAL ALKYD RESIN MARKET, BY REGION, (2015-2023) (KILO TONS) 54

TABLE 29 GLOBAL ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 54

TABLE 30 GLOBAL ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 55

TABLE 31 GLOBAL ALKYD RESIN MARKET, BY END-USE, (2015-2023) (USD MILLION) 55

TABLE 32 GLOBAL ALKYD RESIN MARKET, BY END-USE, (2015-2023) (KILO TONS) 56

TABLE 33 NORTH AMERICA ALKYD RESIN MARKET, BY COUNTRY, (2015-2023) (USD MILLION) 58

TABLE 34 NORTH AMERICA ALKYD RESIN MARKET, BY COUNTRY, (2015-2023) (KILO TONS) 58

TABLE 35 NORTH AMERICA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 58

TABLE 36 NORTH AMERICA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 59

TABLE 37 NORTH AMERICA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 59

TABLE 38 NORTH AMERICA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 60

TABLE 39 U.S. ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 61

TABLE 40 U.S. ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 61

TABLE 41 U.S. ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 62

TABLE 42 U.S. ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 62

TABLE 43 CANADA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 63

TABLE 44 CANADA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 63

TABLE 45 CANADA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 64

TABLE 46 CANADA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 64

TABLE 47 EUROPE ALKYD RESIN MARKET, BY COUNTRY, (2015-2023) (USD MILLION) 66

TABLE 48 EUROPE ALKYD RESIN MARKET, BY COUNTRY, (2015-2023) (KILO TONS) 66

TABLE 49 EUROPE ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 67

TABLE 50 EUROPE ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 67

TABLE 51 EUROPE ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 68

TABLE 52 EUROPE ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 68

TABLE 53 GERMANY ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 69

TABLE 54 GERMANY ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 69

TABLE 55 GERMANY ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 70

TABLE 56 GERMANY ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 70

TABLE 57 UK ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 71

TABLE 58 UK ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 71

TABLE 59 UK ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 72

TABLE 60 UK ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 72

TABLE 61 FRANCE ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 73

TABLE 62 FRANCE ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 73

TABLE 63 FRANCE ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 74

TABLE 64 FRANCE ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 74

TABLE 65 SPAIN ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 75

TABLE 66 SPAIN ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 75

TABLE 67 SPAIN ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 76

TABLE 68 SPAIN ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 76

TABLE 69 ITALY ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 77

TABLE 70 ITALY ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 77

TABLE 71 ITALY ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 78

TABLE 72 ITALY ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 78

TABLE 73 RUSSIA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 79

TABLE 74 RUSSIA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 79

TABLE 75 RUSSIA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 80

TABLE 76 RUSSIA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 80

TABLE 77 REST OF EUROPE ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 81

TABLE 78 REST OF EUROPE ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 81

TABLE 79 REST OF EUROPE ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 82

TABLE 80 REST OF EUROPE ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 82

TABLE 81 ASIA PACIFIC ALKYD RESIN MARKET, BY COUNTRY, (2015-2023) (USD MILLION) 84

TABLE 82 ASIA PACIFIC ALKYD RESIN MARKET, BY COUNTRY, (2015-2023) (KILO TONS) 84

TABLE 83 ASIA PACIFIC ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 85

TABLE 84 ASIA PACIFIC ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 85

TABLE 85 ASIA PACIFIC ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 86

TABLE 86 ASIA PACIFIC ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 86

TABLE 87 CHINA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 87

TABLE 88 CHINA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 87

TABLE 89 CHINA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 88

TABLE 90 CHINA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 88

TABLE 91 JAPAN ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 89

TABLE 92 JAPAN ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 89

TABLE 93 JAPAN ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 90

TABLE 94 JAPAN ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 90

TABLE 95 INDIA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 91

TABLE 96 INDIA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 91

TABLE 97 INDIA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 92

TABLE 98 INDIA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 92

TABLE 99 AUSTRALIA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 93

TABLE 100 AUSTRALIA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 93

TABLE 101 AUSTRALIA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 94

TABLE 102 AUSTRALIA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 94

TABLE 103 REST OF ASIA PACIFIC ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 95

TABLE 104 REST OF ASIA PACIFIC ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 95

TABLE 105 REST OF ASIA PACIFIC ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 96

TABLE 106 REST OF ASIA PACIFIC ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 96

TABLE 107 LATIN AMERICA ALKYD RESIN MARKET, BY COUNTRY, (2015-2023) (USD MILLION) 98

TABLE 108 LATIN AMERICA ALKYD RESIN MARKET, BY COUNTRY, (2015-2023) (KILO TONS) 98

TABLE 109 LATIN AMERICA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 99

TABLE 110 LATIN AMERICA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 99

TABLE 111 LATIN AMERICA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 100

TABLE 112 LATIN AMERICA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 100

TABLE 113 BRAZIL ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 101

TABLE 114 BRAZIL ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 101

TABLE 115 BRAZIL ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 102

TABLE 116 BRAZIL ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 102

TABLE 117 MEXICO ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 103

TABLE 118 MEXICO ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 103

TABLE 119 MEXICO ALKYD RESIN MARKET, BY END-USE, (2015-2023) (USD MILLION) 104

TABLE 120 MEXICO ALKYD RESIN MARKET, BY END-USE, (2015-2023) (KILO TONS) 104

TABLE 121 ARGENTINA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 105

TABLE 122 ARGENTINA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 105

TABLE 123 ARGENTINA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 106

TABLE 124 ARGENTINA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 106

TABLE 125 REST OF LATIN AMERICA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 107

TABLE 126 REST OF LATIN AMERICA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 107

TABLE 127 REST OF LATIN AMERICA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 108

TABLE 128 REST OF LATIN AMERICA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 108

TABLE 129 MIDDLE EAST & AFRICA ALKYD RESIN MARKET, BY COUNTRY, (2015-2023) (USD MILLION) 110

TABLE 130 MIDDLE EAST & AFRICA ALKYD RESIN MARKET, BY COUNTRY, (2015-2023) (KILO TONS) 110

TABLE 131 MIDDLE EAST & AFRICA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 111

TABLE 132 MIDDLE EAST & AFRICA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 111

TABLE 133 MIDDLE EAST & AFRICA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 112

TABLE 134 MIDDLE EAST & AFRICA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 112

TABLE 135 TURKEY ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 113

TABLE 136 TURKEY ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 113

TABLE 137 TURKEY ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 114

TABLE 138 TURKEY ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 114

TABLE 139 ISRAEL ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 115

TABLE 140 ISRAEL ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 115

TABLE 141 ISRAEL ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 116

TABLE 142 ISRAEL ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 116

TABLE 143 GCC ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 117

TABLE 144 GCC ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 117

TABLE 145 GCC ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 118

TABLE 146 GCC ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 118

TABLE 147 NORTH AFRICA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 119

TABLE 148 NORTH AFRICA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 119

TABLE 149 NORTH AFRICA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 120

TABLE 150 NORTH AFRICA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 120

TABLE 151 REST OF MIDDLE EAST & AFRICA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 121

TABLE 152 REST OF MIDDLE EAST & AFRICA ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 121

TABLE 153 REST OF MIDDLE EAST & AFRICA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 122

TABLE 154 REST OF MIDDLE EAST & AFRICA ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 122

TABLE 155 EXPANSION, 2011-2016 124

TABLE 156 ACQUISITION, 2011-2016 125

TABLE 157 AGREEMENT, PARTNERSHIP AND JOINT VENTURE, 2011-2016 125

FIGURE 1 TOP DOWN & BOTTOM-UP APPROACH 22

FIGURE 2 FORECAST MODEL 23

FIGURE 3 SUPPLY CHAIN ANALYSIS 32

FIGURE 4 GLOBAL ALKYD RESIN MARKET, BY TYPE, (2015-2023) (USD MILLION) 36

FIGURE 5 GLOBAL ALKYD RESIN MARKET, BY TYPE, (2015-2023) (KILO TONS) 37

FIGURE 6 GLOBAL ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (USD MILLION) 45

FIGURE 7 GLOBAL ALKYD RESIN MARKET, BY END USE INDUSTRY, (2015-2023) (KILO TONS) 46

FIGURE 8 GLOBAL ALKYD RESIN MARKET SHARE, BY REGION, 2016 (%) 53

FIGURE 9 EXPANSION WAS THE KEY GROWTH STARTERGY ADOPTED BY ALKYD RESINS PLAYERS, 2011-2016 124

FIGURE 10 GLOBAL ALKYD RESIN MARKET SHARE AND CAGR% (2016) 139