Asia-Pacific Alkyd Resins Market to 2032
Overview
The Asia-Pacific Alkyd Resins Market is expected to reach a 2.47 USD Billion by 2032 and is projected to grow at a CAGR of 6.15% from 2025 to 2032.
Revenue, 2024 (USD Billion)
1.73
Forecast, 2032 (USD Billion)
2.47
CAGR, 2024 - 2032
6.15%
Report Coverage
Asia-Pacific
Asia-Pacific Alkyd Resins Market 2018-2032 USD Billion
Asia-Pacific Alkyd Resins Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 1.73 USD Billion
- Projected Market Size (2032): 2.47 USD Billion
- CAGR (2025-2032): 6.15%
Key Findings of Asia-Pacific Alkyd Resins Market
- The Asia-Pacific Alkyd Resins Market was valued at 1.73 USD Billion in 2024.
- The Asia-Pacific Alkyd Resins Market is likely to grow at a CAGR of 6.15% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Fatty Acid Process in Process Segment accounted for the largest share of the market with a revenue of 0.98 USD Billion
- The fastest growing segment Building & Construction in Application Segment grew Fastest with a CAGR of 6.75% during the forecast period from 2024 to 2032.
Asia-Pacific Alkyd Resins Market Scope
Asia-Pacific Alkyd Resins Market Segmentation & Scope
End Use Industry
- Others
- Marine Industry
- Aerospace Industry
- Electronics Industry
- Automotive Industry
- Construction & Architecture Industry
Formulation
- Others
- Powder Coatings
- High-Solids Alkyds
- Solvent Borne Coatings
- Waterborne Alkyds
- Modifying Alkyds
Application
- Packaging
- Coil Coatings
- Automotive Refinish Coatings
- Metal Coatings
- Furniture & Decor
- Electrical Equipment
- Automotive OEM Coatings
- Building & Construction
Resin
- Drying Alkyd Resin
- Semi-Drying Alkyd Resin
- Non-Drying Alkyd Resin
Process
- Glyceride Process
- Fatty Acid Process
Class
- Short Alkyd Resin
- Medium Alkyd Resin
- Long Alkyd Resin
Asia-Pacific Alkyd Resins Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 1.73 USD Billion |
| Market Value in 2032 | 2.47 USD Billion |
| CAGR (2025-2032) | 6.15% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End Use Industry,Formulation,Application,Resin,Process,Class |
Regional Insights:
-
Leading Market (2024-2032): Asia-Pacific, leading in terms of revenue 1.73 USD Billion in 2024
- Key Country: China, leading in terms of revenue with value of 353.31 USD Million in 2024.
Segments and Scope
-
Asia-Pacific Alkyd Resins Market to 2032, By End Use Industry
- Construction & Architecture Industry is the largest segment in Asia-Pacific Alkyd Resins Market to 2032 with a revenue of 790.81 USD Billion in the year 2024.
- Construction & Architecture Industry is the Fastest growing segment in Asia-Pacific Alkyd Resins Market to 2032 with a Growth rate of 6.45 % in forecast period 2025-2032.
-
Asia-Pacific Alkyd Resins Market to 2032, By Formulation
- Modifying Alkyds is the largest segment in Asia-Pacific Alkyd Resins Market to 2032 with a revenue of 537.06 USD Billion in the year 2024.
- Modifying Alkyds is the Fastest growing segment in Asia-Pacific Alkyd Resins Market to 2032 with a Growth rate of 6.55 % in forecast period 2025-2032.
-
Asia-Pacific Alkyd Resins Market to 2032, By Application
- Building & Construction is the largest segment in Asia-Pacific Alkyd Resins Market to 2032 with a revenue of 561.96 USD Billion in the year 2024.
- Building & Construction is the Fastest growing segment in Asia-Pacific Alkyd Resins Market to 2032 with a Growth rate of 6.75 % in forecast period 2025-2032.
-
Asia-Pacific Alkyd Resins Market to 2032, By Resin
- Non-Drying Alkyd Resin is the largest segment in Asia-Pacific Alkyd Resins Market to 2032 with a revenue of 625.60 USD Billion in the year 2024.
- Semi-Drying Alkyd Resin is the Fastest growing segment in Asia-Pacific Alkyd Resins Market to 2032 with a Growth rate of 6.17 % in forecast period 2025-2032.
-
Asia-Pacific Alkyd Resins Market to 2032, By Process
- Fatty Acid Process is the largest segment in Asia-Pacific Alkyd Resins Market to 2032 with a revenue of 980.63 USD Billion in the year 2024.
- Fatty Acid Process is the Fastest growing segment in Asia-Pacific Alkyd Resins Market to 2032 with a Growth rate of 6.31 % in forecast period 2025-2032.
-
Asia-Pacific Alkyd Resins Market to 2032, By Class
- Long Alkyd Resin is the largest segment in Asia-Pacific Alkyd Resins Market to 2032 with a revenue of 709.36 USD Billion in the year 2024.
- Long Alkyd Resin is the Fastest growing segment in Asia-Pacific Alkyd Resins Market to 2032 with a Growth rate of 6.44 % in forecast period 2025-2032.
Asia-Pacific Alkyd Resins Market Company Share Analysis
| Company Name |
|
||
| BASF SE | |||
| Covestro AG | |||
| Arkema | |||
| Allnex GMBH | |||
| Eternal Materials Co.,Ltd. | |||
Asia-Pacific Alkyd Resins Market Geographical Sales Distribution, 2018-2032 USD Billion
Asia-Pacific Alkyd Resins Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Asia-Pacific Alkyd Resins Market is segmented based on Segmentation End Use Industry,Formulation,Application,Resin,Process,Class.
Asia-Pacific Alkyd Resins Market was valued at USD 1.73(Revenue in USD Billion) in 2021.
Asia-Pacific Alkyd Resins Market is projected to grow at a CAGR of 6.15% during the forecast period of 2024 to 2032.
The Fatty Acid Process segment is expected to dominate the Asia-Pacific Alkyd Resins Market, holding a largest market share of 0.98 USD Billion in 2024
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Asia-Pacific Alkyd Resins Market Scope
Asia-Pacific Alkyd Resins Market Segmentation & Scope
End Use Industry
- Others
- Marine Industry
- Aerospace Industry
- Electronics Industry
- Automotive Industry
- Construction & Architecture Industry
Formulation
- Others
- Powder Coatings
- High-Solids Alkyds
- Solvent Borne Coatings
- Waterborne Alkyds
- Modifying Alkyds
Application
- Packaging
- Coil Coatings
- Automotive Refinish Coatings
- Metal Coatings
- Furniture & Decor
- Electrical Equipment
- Automotive OEM Coatings
- Building & Construction
Resin
- Drying Alkyd Resin
- Semi-Drying Alkyd Resin
- Non-Drying Alkyd Resin
Process
- Glyceride Process
- Fatty Acid Process
Class
- Short Alkyd Resin
- Medium Alkyd Resin
- Long Alkyd Resin
Frequently Asked Questions
The Asia-Pacific Alkyd Resins Market is segmented based on Segmentation End Use Industry,Formulation,Application,Resin,Process,Class.
Asia-Pacific Alkyd Resins Market was valued at USD 1.73(Revenue in USD Billion) in 2021.
Asia-Pacific Alkyd Resins Market is projected to grow at a CAGR of 6.15% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Alkyd Resins Market for final year is USD 2.47 (USD Billion).
Asia-Pacific Alkyd Resins Market Company Profiling
Frequently Asked Questions
The Asia-Pacific Alkyd Resins Market is segmented based on Segmentation End Use Industry,Formulation,Application,Resin,Process,Class.
Asia-Pacific Alkyd Resins Market was valued at USD 1.73(Revenue in USD Billion) in 2021.
Asia-Pacific Alkyd Resins Market is projected to grow at a CAGR of 6.15% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Alkyd Resins Market for final year is USD 2.47 (USD Billion).
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