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US Alkyd Resin Market

ID: MRFR/CnM/18869-HCR
100 Pages
Garvit Vyas
October 2025

US Alkyd Resin Market

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US Alkyd Resin Market Summary

As per analysis, the US alkyd resin market is projected to grow from USD 448.5 Million in 2024 to USD 597.5 Million by 2035, exhibiting a compound annual growth rate (CAGR) of 2.91% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The US alkyd resin market is poised for growth driven by sustainability and customization trends.

  • The coatings segment remains the largest contributor to the US alkyd resin market, reflecting a steady demand for protective and decorative finishes.
  • Inks represent the fastest-growing segment, driven by innovations in printing technologies and customization needs.
  • The construction sector continues to be the largest market driver, fueled by increasing infrastructure projects and renovation activities.
  • Regulatory support for eco-friendly products and rising demand in the automotive industry are key factors propelling market expansion.

Market Size & Forecast

2024 Market Size 448.5 (USD Million)
2035 Market Size 597.5 (USD Million)
CAGR (2025 - 2035) 2.91%

Major Players

Sherwin-Williams (US), PPG Industries (US), RPM International (US), AkzoNobel (NL), BASF (DE), Eastman Chemical (US), Hempel (DK), Kansai Paint (JP), Nippon Paint (JP)

US Alkyd Resin Market Trends

The US alkyd resin market is currently experiencing a dynamic phase characterized by evolving consumer preferences and regulatory changes. Alkyd resins, known for their versatility and durability, are increasingly favored in various applications, including coatings, adhesives, and inks. The market appears to be influenced by a growing emphasis on sustainability, prompting manufacturers to explore bio-based alternatives and eco-friendly formulations. This shift aligns with broader environmental initiatives, suggesting that the industry is adapting to meet both consumer demands and regulatory expectations. Moreover, the US alkyd resin market seems to be witnessing advancements in technology, which may enhance product performance and application efficiency. Innovations in formulation chemistry are likely to lead to improved drying times and adhesion properties, thereby expanding the scope of applications. Additionally, the ongoing trend towards customization in coatings and finishes indicates a potential for growth in specialized alkyd resin products tailored to specific industry needs. As the market evolves, stakeholders must remain vigilant to emerging trends and adapt strategies accordingly, ensuring competitiveness in a rapidly changing landscape.

Sustainability Initiatives

The US alkyd resin market is increasingly focusing on sustainability, with manufacturers exploring bio-based and eco-friendly formulations. This trend reflects a broader commitment to environmental responsibility, as companies seek to align with consumer preferences for greener products.

Technological Advancements

Innovations in formulation chemistry are driving improvements in the performance of alkyd resins. Enhanced drying times and superior adhesion properties are likely to expand the applications of these resins, making them more appealing to various industries.

Customization Trends

There is a noticeable shift towards customization in the US alkyd resin market, with a growing demand for specialized products tailored to specific industry requirements. This trend suggests that manufacturers are adapting to meet the unique needs of their clients.

US Alkyd Resin Market Drivers

Rising Automotive Industry Demand

The US alkyd resin market is also benefiting from the resurgence of the automotive sector. As vehicle manufacturers seek high-quality coatings that provide durability and aesthetic appeal, alkyd resins are increasingly utilized in automotive finishes. The automotive coatings market is expected to witness a growth rate of around 4% annually, driven by the demand for innovative and long-lasting finishes. Alkyd resins, with their excellent adhesion and gloss retention properties, are well-suited for automotive applications. Furthermore, the trend towards electric vehicles may further stimulate demand for advanced coatings that enhance vehicle performance and longevity. As the automotive industry continues to evolve, the alkyd resin market is likely to adapt, offering tailored solutions that meet the specific needs of manufacturers and consumers.

Growing Demand in Construction Sector

The US alkyd resin market is experiencing a notable surge in demand, particularly driven by the construction sector. As infrastructure projects expand, the need for durable and high-performance coatings has increased. Alkyd resins, known for their excellent adhesion and weather resistance, are favored in architectural coatings. According to recent data, the construction industry in the US is projected to grow at a compound annual growth rate (CAGR) of approximately 4.5% through 2026. This growth is likely to bolster the demand for alkyd resins, as they are integral to producing paints and coatings that meet the rigorous standards of modern construction. Furthermore, the trend towards sustainable building practices may further enhance the appeal of alkyd resins, as manufacturers innovate to create eco-friendly formulations that align with green building certifications.

Regulatory Support for Eco-Friendly Products

The US alkyd resin market is increasingly influenced by regulatory frameworks that promote environmentally friendly products. The Environmental Protection Agency (EPA) has implemented stringent regulations aimed at reducing volatile organic compounds (VOCs) in coatings. This regulatory environment encourages manufacturers to develop low-VOC alkyd resins, which are gaining traction among consumers and businesses alike. The market for low-VOC coatings is expected to expand significantly, with estimates suggesting a growth rate of around 6% annually. As regulations continue to evolve, the alkyd resin industry is likely to adapt, fostering innovation and the development of sustainable products that comply with environmental standards. This shift not only meets regulatory requirements but also aligns with consumer preferences for greener alternatives, thereby enhancing the market's overall growth potential.

Technological Innovations in Resin Production

Technological advancements are playing a pivotal role in shaping the US alkyd resin market. Innovations in resin production processes, such as the development of waterborne alkyds, are enhancing the performance characteristics of these materials. Waterborne alkyds offer lower VOC emissions and improved application properties, making them increasingly popular among manufacturers and consumers. The market for waterborne coatings is projected to grow at a CAGR of approximately 5% over the next few years. Additionally, advancements in polymer chemistry are enabling the formulation of alkyd resins with enhanced durability and resistance to environmental factors. These innovations not only improve product performance but also align with the growing demand for sustainable and eco-friendly coatings, positioning the US alkyd resin market favorably in a competitive landscape.

Increased Focus on Customization and Aesthetics

The US alkyd resin market is witnessing a growing emphasis on customization and aesthetic appeal in coatings. As consumers and businesses seek unique and tailored solutions, manufacturers are responding by developing a wider range of colors, finishes, and formulations. This trend is particularly evident in the architectural and decorative coatings segments, where personalized solutions are becoming increasingly popular. The market for decorative coatings is projected to grow at a CAGR of approximately 5.5%, reflecting the rising demand for customized products. Alkyd resins, with their versatility and ability to be formulated in various ways, are well-positioned to capitalize on this trend. By offering innovative and aesthetically pleasing options, the alkyd resin industry can attract a broader customer base, thereby enhancing its market presence and growth potential.

Market Segment Insights

By Application: Coatings (Largest) vs. Inks (Fastest-Growing)

In the US alkyd resin market, the application segment is dominantly led by coatings, which capture the largest share due to their extensive use in protective and decorative applications across industries such as construction, automotive, and furniture. Inks also represent a significant portion of the market, driven by their demand in packaging and printing solutions. Adhesives and sealants, while growing, continue to hold a smaller market share comparatively, reflecting their more specialized applications.

Coatings: Dominant vs. Inks: Emerging

The coatings segment is characterized by its broad applicability in various sectors, particularly due to alkyd resins' excellent durability and aesthetic qualities. These resins are commonly used for paints and varnishes, benefiting from a shift towards eco-friendly solutions and increased construction activities. Meanwhile, inks are emerging rapidly, fueled by innovations in printing technology and the rising demand for high-quality print outputs, especially in labels and packaging. The adhesive and sealant segments, though smaller, play crucial roles in construction and manufacturing, relying on the increasing need for strong, reliable bonding solutions in diverse applications.

By End Use: Construction (Largest) vs. Automotive (Fastest-Growing)

In the US alkyd resin market, the end use segment distribution reveals that construction holds the largest market share, primarily driven by its extensive application in coatings, paints, and sealants. The demand in this sector is supported by ongoing construction projects, infrastructure development, and residential renovations. In contrast, the automotive segment, while currently smaller, exhibits rapid growth potential due to increasing automotive production and the rising use of alkyd resin-based coatings which are favored for their durability and smooth finish. The growth trends for the end use segment are influenced by economic recovery and technological advancements. The construction sector benefits from the rise in building activities, while the automotive segment is expected to expand due to greater environmental concerns and regulatory mandates pushing for sustainable and high-performance coatings. Both segments are witnessing innovation in alkyd formulations which enhances their performance and applicability.

Construction: Dominant vs. Automotive: Emerging

The construction segment is recognized as the dominant force in the US alkyd resin market, characterized by its multifaceted use in various applications such as architectural coatings and protective finishes. This dominance stems from significant investment in infrastructure projects and housing developments that require robust and enduring materials. Conversely, the automotive segment is emerging as a crucial area of growth, propelled by advancements in automotive manufacturing processes and the increasing adoption of eco-friendly coatings. Automakers are leveraging alkyd resins due to their excellent adhesion and resistance characteristics. As regulations on vehicle emissions tighten, the demand for sustainable coating solutions enhances the appeal of alkyd resins in automotive applications, positioning this segment for substantial growth in the near future.

By Type: Aliphatic Alkyd Resin (Largest) vs. Modified Alkyd Resin (Fastest-Growing)

In the US alkyd resin market, the segment is dominated by Aliphatic Alkyd Resins, which command the largest market share due to their versatile applications in paints and coatings. These resins are favored for their durability and weather resistance properties, making them suitable for a variety of industrial and decorative finishes. Following them are Modified Alkyd Resins, which hold a significant position thanks to their enhanced performance characteristics offered through chemical modifications, thereby catering to specialized applications.

Aliphatic Alkyd Resin (Dominant) vs. Modified Alkyd Resin (Emerging)

Aliphatic Alkyd Resins are widely recognized as the dominant segment in the US alkyd resin market, renowned for their excellent adhesion, flexibility, and resistance to moisture and chemicals. They find extensive use in high-quality exterior and interior industrial coatings. On the other hand, Modified Alkyd Resins are emerging remarkably, driven by innovations that improve their drying time and overall performance. They are increasingly adopted in environmentally friendly formulations and special-purpose applications, appealing to niche markets. As the demand for high-performance and sustainable coatings rises, both segments are expected to play pivotal roles in shaping the future landscape of the alkyd resin industry.

By Formulation: Waterborne (Largest) vs. Solventborne (Fastest-Growing)

In the US alkyd resin market, the formulation segment demonstrates a diverse distribution among waterborne, solventborne, and high solids technologies. Waterborne formulations lead the market significantly, capturing the largest share due to their eco-friendly attributes and regulatory compliance. Meanwhile, solventborne formulations have been traditionally favored for their performance characteristics, while high solids formulations are gaining traction due to their reduced solvent content and improved VOC emissions. The competition between these formulations indicates not only varying shares but also evolving consumer preferences. In terms of growth trends, the alkyd resin market is witnessing a surge in the demand for solventborne formulations, which are recognized as the fastest-growing segment within this category. This growth is driven by an increasing focus on performance coatings, and reducing environmental impact, as manufacturers strive to adapt to stringent regulations and consumer demands for sustainable products. Waterborne systems are expected to maintain their dominance but must continuously innovate to stay ahead as consumer expectations evolve.

Waterborne (Dominant) vs. High Solids (Emerging)

Waterborne formulations dominate the US alkyd resin market due to their lower environmental impact and compliance with increasingly stringent regulations on VOC emissions. They are widely favored in architectural and industrial applications for their ease of use and quick drying times. However, high solids formulations are emerging as a strong alternative, particularly appealing in applications requiring thicker coatings and reduced solvent use. The growing emphasis on sustainability and performance is enabling high solids to capture a significant market share. The shift towards these products is driven by end-users seeking durable solutions without sacrificing environmental standards, positioning high solids as a competitive choice alongside established waterborne systems.

By Curing Mechanism: Oxidative Drying (Largest) vs. Thermal Curing (Fastest-Growing)

In the US alkyd resin market, the curing mechanism segment exhibits a varied distribution where Oxidative Drying holds the largest share, attributed to its widespread application in industrial coatings and consumer products. Air Drying follows closely, utilized prominently in less demanding applications. Thermal Curing, while currently less prevalent, is gaining traction owing to its efficiency and enhanced performance characteristics in specialized applications.

Curing Mechanism: Oxidative Drying (Dominant) vs. Thermal Curing (Emerging)

Oxidative Drying is the dominant curing mechanism in the US alkyd resin market, renowned for its reliable performance in ambient conditions, making it a preferred choice for various applications, including paints and varnishes. Its significant market presence is driven by traditional manufacturing practices and its compatibility with oil-based formulations. In contrast, Thermal Curing represents an emerging opportunity, delivering faster drying times and superior durability. It is particularly favored in industrial applications where high-performance coatings are critical. As technological advancements continue, Thermal Curing could capture a more considerable market share, appealing to manufacturers seeking enhanced efficiency and reduced operational costs.

Get more detailed insights about US Alkyd Resin Market

Key Players and Competitive Insights

The US alkyd resin market is characterized by a competitive landscape that is increasingly shaped by innovation, sustainability, and strategic partnerships. Key players such as Sherwin-Williams (US), PPG Industries (US), and BASF (DE) are actively pursuing strategies that emphasize product development and market expansion. Sherwin-Williams (US) has focused on enhancing its product portfolio with eco-friendly alkyd resins, which aligns with the growing demand for sustainable solutions. PPG Industries (US) has been investing in digital transformation initiatives to optimize its supply chain and improve customer engagement, thereby enhancing its competitive positioning. Meanwhile, BASF (DE) is leveraging its The us alkyd resin market presence through strategic collaborations, particularly in the development of high-performance coatings that utilize alkyd resins.

The business tactics employed by these companies reflect a moderately fragmented market structure, where local manufacturing and supply chain optimization play crucial roles. Companies are increasingly localizing production to reduce lead times and enhance responsiveness to regional market demands. This approach not only improves operational efficiency but also allows for better alignment with local regulatory requirements and customer preferences. The collective influence of these key players is significant, as they drive innovation and set industry standards that smaller competitors often strive to emulate.

In November 2025, Sherwin-Williams (US) announced the launch of a new line of low-VOC alkyd resins designed for the architectural coatings market. This strategic move is particularly noteworthy as it addresses the increasing regulatory pressures for environmentally friendly products while catering to consumer preferences for sustainable options. The introduction of these resins is expected to strengthen Sherwin-Williams' market position and enhance its reputation as a leader in sustainable coatings.

In December 2025, PPG Industries (US) unveiled a new digital platform aimed at streamlining its supply chain processes. This initiative is significant as it reflects the company's commitment to leveraging technology to improve operational efficiency and customer service. By integrating advanced analytics and real-time data, PPG Industries is likely to enhance its responsiveness to market changes, thereby gaining a competitive edge in the alkyd resin sector.

In October 2025, BASF (DE) entered into a strategic partnership with a leading technology firm to develop innovative alkyd resin formulations that incorporate bio-based materials. This collaboration is indicative of the growing trend towards sustainability in the industry. By focusing on bio-based solutions, BASF is positioning itself to meet the evolving demands of environmentally conscious consumers and regulatory bodies, potentially leading to increased market share.

As of January 2026, the competitive trends in the US alkyd resin market are increasingly defined by digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in driving innovation and enhancing product offerings. The shift from price-based competition to a focus on innovation, technology, and supply chain reliability is evident, suggesting that future competitive differentiation will hinge on the ability to deliver high-quality, sustainable products that meet the dynamic needs of the market.

Key Companies in the US Alkyd Resin Market include

Future Outlook

US Alkyd Resin Market Future Outlook

The US alkyd resin market is projected to grow at a 2.91% CAGR from 2024 to 2035, driven by increasing demand in coatings and sustainable product innovations.

New opportunities lie in:

  • Development of bio-based alkyd resins for eco-friendly applications.
  • Expansion into emerging markets with tailored product offerings.
  • Investment in advanced manufacturing technologies to enhance production efficiency.

By 2035, the US alkyd resin market is expected to achieve robust growth, driven by innovation and strategic market positioning.

Market Segmentation

US Alkyd Resin Market Type Outlook

  • Aliphatic Alkyd Resin
  • Aromatic Alkyd Resin
  • Modified Alkyd Resin

US Alkyd Resin Market End Use Outlook

  • Construction
  • Automotive
  • Marine
  • Industrial

US Alkyd Resin Market Application Outlook

  • Coatings
  • Inks
  • Adhesives
  • Sealants

US Alkyd Resin Market Formulation Outlook

  • Waterborne
  • Solventborne
  • High Solids

US Alkyd Resin Market Curing Mechanism Outlook

  • Air Drying
  • Oxidative Drying
  • Thermal Curing

Report Scope

MARKET SIZE 2024448.5(USD Million)
MARKET SIZE 2025461.56(USD Million)
MARKET SIZE 2035597.5(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)2.91% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies ProfiledSherwin-Williams (US), PPG Industries (US), RPM International (US), AkzoNobel (NL), BASF (DE), Eastman Chemical (US), Hempel (DK), Kansai Paint (JP), Nippon Paint (JP)
Segments CoveredApplication, End Use, Type, Formulation, Curing Mechanism
Key Market OpportunitiesGrowing demand for eco-friendly coatings drives innovation in the us alkyd resin market.
Key Market DynamicsShifts towards sustainable formulations drive innovation and competition in the US alkyd resin market.
Countries CoveredUS

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FAQs

What is the current valuation of the US alkyd resin market?

The US alkyd resin market was valued at 448.5 USD Million in 2024.

What is the projected market valuation for the US alkyd resin market by 2035?

The projected valuation for the US alkyd resin market is 597.5 USD Million by 2035.

What is the expected CAGR for the US alkyd resin market during the forecast period?

The expected CAGR for the US alkyd resin market from 2025 to 2035 is 2.91%.

Which companies are considered key players in the US alkyd resin market?

Key players in the US alkyd resin market include Sherwin-Williams, PPG Industries, RPM International, and Eastman Chemical.

What are the main applications of alkyd resins in the US market?

The main applications of alkyd resins in the US market include coatings, inks, adhesives, and sealants.

How much revenue did the coatings segment generate in the US alkyd resin market?

The coatings segment generated revenue between 250.0 and 335.0 USD Million.

What is the revenue range for the automotive end-use segment in the US alkyd resin market?

The automotive end-use segment generated revenue between 100.0 and 130.0 USD Million.

What types of alkyd resins are present in the US market?

The US alkyd resin market includes aliphatic, aromatic, and modified alkyd resins, each generating revenue between 150.0 and 200.0 USD Million.

What is the revenue range for solventborne alkyd resins in the US market?

The solventborne alkyd resins segment generated revenue between 179.4 and 238.5 USD Million.

What curing mechanisms are utilized in the US alkyd resin market?

The US alkyd resin market employs air drying, oxidative drying, and thermal curing mechanisms, with revenues ranging from 134.55 to 238.25 USD Million.

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