Global Alkyd Resins Market to 2032

Q: What is the current market size of the Global Alkyd Resins Market?

Global Alkyd Resins Market was valued at USD 4.15 (Revenue in USD Billion) in 2021.

Overview

The Global Alkyd Resins Market is expected to reach a 5.84 USD Billion by 2032 and is projected to grow at a CAGR of 4.54% from 2025 to 2032.

Revenue, 2024 (USD Billion)

4.15

Forecast, 2032 (USD Billion)

5.84

CAGR, 2024 - 2032

4.54%

Report Coverage

Global

Global Alkyd Resins Market 2018-2032 USD Billion

Global Alkyd Resins Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 4.15 USD Billion
Projected Market Size (2032): 5.84 USD Billion
CAGR (2025-2032): 4.54%

Key Findings of Global Alkyd Resins Market

The Global Alkyd Resins Market was valued at 5.84 USD Billion in 2024.
The Global Alkyd Resins Market is likely to grow at a CAGR of 4.54% 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 2.33 USD Billion
The fastest growing segment Building & Construction in Application Segment grew Fastest with a CAGR of 5.00% during the forecast period from 2024 to 2032.

Global Alkyd Resins Market Scope

Global Alkyd Resins Market Segmentation & Scope

End Use Industry

Automotive Industry
Electronics Industry
Aerospace Industry
Marine Industry
Others
Construction & Architecture Industry

Application

Coil Coatings
Building & Construction
Automotive OEM Coatings
Electrical Equipment
Furniture & Decor
Metal Coatings
Automotive Refinish Coatings
Packaging

Resin

Non-Drying Alkyd Resin
Drying Alkyd Resin
Semi-Drying Alkyd Resin

Process

Fatty Acid Process
Glyceride Process

Class

Long Alkyd Resin
Medium Alkyd Resin
Short Alkyd Resin

Formulation

Modifying Alkyds
Waterborne Alkyds
Solvent Borne Coatings
High-Solids Alkyds
Powder Coatings
Others

Global Alkyd Resins Market Data Coverage Insights

Study Period	2024-2032
Base Year	2021
Unit	Revenue in USD Billion
Market Value in 2024	4.15 USD Billion
Market Value in 2032	5.84 USD Billion
CAGR (2025-2032)	4.54%
Historic Data	2016-2023
Market Segments Covered	End Use Industry,Application,Resin,Process,Class,Formulation

Regional Insights:

Leading Market (2024-2032): Global, leading in terms of revenue 4.15 USD Billion in 2024
- Key Country: China, leading in terms of revenue with value of 353.31 USD Million in 2024.

Segments and Scope

Global Alkyd Resins Market to 2032, By End Use Industry
- Construction & Architecture Industry is the largest segment in Global Alkyd Resins Market to 2032 with a revenue of 1.85 USD Billion in the year 2024.
- Construction & Architecture Industry is the Fastest growing segment in Global Alkyd Resins Market to 2032 with a Growth rate of 4.78 % in forecast period 2025-2032.
Global Alkyd Resins Market to 2032, By Application
- Building & Construction is the largest segment in Global Alkyd Resins Market to 2032 with a revenue of 1.33 USD Billion in the year 2024.
- Building & Construction is the Fastest growing segment in Global Alkyd Resins Market to 2032 with a Growth rate of 5.00 % in forecast period 2025-2032.
Global Alkyd Resins Market to 2032, By Resin
- Non-Drying Alkyd Resin is the largest segment in Global Alkyd Resins Market to 2032 with a revenue of 1.51 USD Billion in the year 2024.
- Non-Drying Alkyd Resin is the Fastest growing segment in Global Alkyd Resins Market to 2032 with a Growth rate of 4.66 % in forecast period 2025-2032.
Global Alkyd Resins Market to 2032, By Process
- Fatty Acid Process is the largest segment in Global Alkyd Resins Market to 2032 with a revenue of 2.33 USD Billion in the year 2024.
- Fatty Acid Process is the Fastest growing segment in Global Alkyd Resins Market to 2032 with a Growth rate of 4.70 % in forecast period 2025-2032.
Global Alkyd Resins Market to 2032, By Class
- Long Alkyd Resin is the largest segment in Global Alkyd Resins Market to 2032 with a revenue of 1.69 USD Billion in the year 2024.
- Long Alkyd Resin is the Fastest growing segment in Global Alkyd Resins Market to 2032 with a Growth rate of 4.87 % in forecast period 2025-2032.
Global Alkyd Resins Market to 2032, By Formulation
- Modifying Alkyds is the largest segment in Global Alkyd Resins Market to 2032 with a revenue of 1.26 USD Billion in the year 2024.
- Modifying Alkyds is the Fastest growing segment in Global Alkyd Resins Market to 2032 with a Growth rate of 4.96 % in forecast period 2025-2032.

Global Alkyd Resins Market Company Share Analysis

Company Name
BASF SE
Covestro AG
Arkema
Allnex GMBH
Eternal Materials Co.,Ltd.

Global Alkyd Resins Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Alkyd Resins Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Global Alkyd Resins Market?

The Global Alkyd Resins Market is segmented based on Segmentation End Use Industry,Application,Resin,Process,Class,Formulation.

What is the current market size of the Global Alkyd Resins Market?

Global Alkyd Resins Market was valued at USD 4.15(Revenue in USD Billion) in 2021.

What is the expected growth rate of the Global Alkyd Resins Market?

Global Alkyd Resins Market is projected to grow at a CAGR of 4.54% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Global Alkyd Resins Market?

The Fatty Acid Process segment is expected to dominate the Global Alkyd Resins Market, holding a largest market share of 2.33 USD Billion in 2024

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