North America Alkyd Resins Market – Industry Trends and Forecast to 2030

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North America Alkyd Resins Market – Industry Trends and Forecast to 2030

  • Chemical and Materials
  • Published Report
  • Jun 2023
  • North America
  • 350 Pages
  • No of Tables: 64
  • No of Figures: 21

North America Alkyd Resin Market

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period
2024 –2030
Diagram Market Size (Base Year)
USD MILLION
Diagram Market Size (Forecast Year)
USD 526.21
Diagram CAGR
%
Diagram Major Markets Players
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North America Alkyd Resin Market, By Resin Type (Non-Drying Alkyd Resin, Drying Alkyd Resin, and Semi-Drying Alkyd Resin), Process Type (Fatty Acid Process and Glyceride Process), Class (Long Alkyd Resin, Medium Alkyd Resin, and Short Alkyd Resin), Formulation Type (Modifying Alkyds, Waterborne Alkyds, Solvent Borne Coatings, High-Solids Alkyds, Powder Coatings, and Others), Application (Building & Construction, Automotive OEM Coatings, Electrical Equipment, Furniture & Decor, Metal Coatings, Automotive Refinish Coatings, Coil Coatings, and Packaging), End Use Industry (Construction & Architecture Industry, Automotive Industry, Electronics Industry, Aerospace Industry, Marine Industry, and Others) - Industry Trends and Forecast to 2030.

North America Alkyd Resins Market

North America Alkyd Resins Market Analysis and Size

North America alkyd resin market is being driven by the growing consumption in the paint and coating industry is an important driver for the Global alkyd resin market. Moreover, High-quality properties and compatibility of alkyd resin with a wide range of polymers is expected to boost the market growth. However, fluctuating prices of raw materials lead to change in the manufacturing cost of alkyd resins is expected to pose a challenge to market growth which may restrain the market growth.

North America Alkyd Resins MarketNorth America Alkyd Resins Market

Data Bridge Market Research analyses that the North America alkyd resin market is expected to reach the value of USD 526.21 million by 2030, at a CAGR of 3.9% during the forecast period.

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million

Segments Covered

Resin Type (Non-Drying Alkyd Resin, Drying Alkyd Resin, and Semi-Drying Alkyd Resin), Process Type (Fatty Acid Process and Glyceride Process), Class (Long Alkyd Resin, Medium Alkyd Resin, and Short Alkyd Resin), Formulation Type (Modifying Alkyds, Waterborne Alkyds, Solvent Borne Coatings, High-Solids Alkyds, Powder Coatings, and Others), Application (Building & Construction, Automotive OEM Coatings, Electrical Equipment, Furniture & Decor, Metal Coatings, Automotive Refinish Coatings, Coil Coatings, and Packaging), End Use Industry (Construction & Architecture Industry, Automotive Industry, Electronics Industry, Aerospace Industry, Marine Industry, and Others)

Countries Covered

U.S., Canada, Mexico

Market Players Covered

OPC polymers, Covestro AG, Uniform Synthetics, Synthopol, Arkema, BASF SE, Allnex GMBH, D.S.V Chemcials Pvt Ltd, Ratnaka Resins Pvt. Ltd., Hempel A/S, Neo-Pack Plast, POLYNT SPA, Krishna Resins & Pigments Pvt. Ltd., Arakawa Chemical Industries, Ltd., MACRO POLYMERS, Nord Composites Italia SRL, Girdhari Chemicals & Resins, Eternal Materials Co., Ltd., US Polymers-Accurez, LLC, Spolek pro chemickou a hutní výrobu, akciová společnost, and Mancuso Chemicals Limited among others

Market Definition

Alkyd resin is a synthetic resin made by a condensation reaction between a polyhydric alcohol and dibasic acid. Alkyd resins are thermoplastic polyester resins which are polyhydric alcohols heated with polybasic acids or their anhydrides to create alkyd resins. Due to their adaptability and affordability, they are utilized to create weather-resistant protective coatings and are crucial components in many synthetic paints.

North America Alkyd Resin Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail as below:

Drivers

  • Rising Demand in The Paint and Coating Industry

The paint and coating industry is currently seeing a significant increase in demand for alkyd resin. This increased attention can be associated with alkyd resin's notable characteristics, versatility, and the most abundant category of synthetic resins, which makes it a preferred choice for various industrial applications. Alkyd resin is an oil-modified polyester, which is used as a film-forming agent in certain paints and clear coatings  These resins exhibit compatibility with a broad range of other resins used in the paint industry, including amino resin, phenolic, rosin, resin, and polyurethanes, facilitating convenient modifications to achieve desired properties. Furthermore, modified alkyd resin-based varnishes and enamels find utility in painting cars, airplanes, railroads, and agricultural machinery, while the composition of alkyd resins blended with urea-formaldehyde and melamine-formaldehyde. Resins produce enamels that are suitable for painting automobiles, bicycles, and various equipment. Due to high application, continued research and development carried out by researchers and manufacturers is expected to boost the market growth

  • Growing Disposable Income and Lifestyle of Consumers

As consumer lifestyles improve, there is a growing emphasis on quality and durability. Alkyd resin-based coatings are known for their excellent adhesion, durability, and resistance to wear and tear. Consumers with higher disposable income are more likely to choose for a long-lasting coating that requires less frequent maintenance. The demand for alkyd resin-based coating increased as consumers seek products that align with their desired lifestyle. With higher disposable income, consumers are more likely to invest in premium and specialty coatings for specific applications. Alkyd resins can be formulated to meet specific requirements such as heat resistance, chemical resistance, and low VOC content. Consumers who prioritize specialized properties are willing to pay a premium for coatings that offer enhanced performance and contribute to the demand for alkyd resin-based specialty coatings.

  • High-Quality Properties and Compatibility of the Alkyd Resin With A Wide Range of Polymers

Alkyd resins are highly versatile and cost-effective components used in the manufacturing of synthetic paints. One of the key advantages of alkyd resins is their compatibility with other coating polymers. They can be combined with vinyl resins, such as copolymers of vinyl chloride and vinyl acetate, containing hydroxyl groups, to improve application properties and adhesion, particularly in marine top-coat paints. Alkyd resins can be blended with acrylic resins, epoxy resins, polyurethane resins, and other coating polymers to achieve desired characteristics and meet specific application requirements. By combining alkyd resins with these polymers, manufacturers can modify the properties of the finished coatings, including gloss, hardness, chemical resistance, weather ability, and drying time.      

  • Growing Urbanization in the Developing Countries

Growing urbanization and industrialization has led to the growth of the economies. Urbanization frequently results in an increase in construction activity, including the development of residential properties, commercial and industrial buildings, and infrastructure projects. These projects require paints and varnishes that use alkyd resin as their binder. The building and construction sector relies on specialty resins to meet stringent quality standards in applications such as adhesives, sealants, and coatings (architectural, decorative, and protective). These resins exhibit exceptional characteristics, including high-temperature resistance and excellent chemical resistance. As a result, a significant volume of these resins is expected to use in upcoming infrastructure projects and the construction of residential and non-residential buildings.

Restraints

  • Growing Awareness of The Harmful Impact of Alkyd Resins

Alkyd resins have been used as binders for paints since the 1930s. Their compatibility with many polymers and the extremely wide formulating latitude made them suitable for the production of a broad range of coating materials. The primary concern with the organic solvents used to formulate the product, various solvents are used in alkyd coatings including mineral spirits, toluene, xylene, and petroleum distillates. The evaporation of these solvents in both alkyd resin production and end use drying processes introduced significant environmental concerns. Conventional solvent based alkyd coatings have gone out of favor due to concerns over volatile organic compound (VOCs). The emission of potentially harmful VOCs has increased the number of health problems such as asthma, allergies, and other breathing problems and the environmental concerns associated with the global warming. 

  • Availability of Substitutes

The availability of alternatives to alkyd resins can hamper the growth of the global alkyd resin market. Moreover, the instability price of the raw materials will also negatively impact the market growth as consumers move towards the use of other resins in various applications such as paints, insulating enamels, and automotive among others.

Challenges

  • The Fluctuating Price of Raw Material Leads To Changes in The Manufacturing Cost of Alkyd Resins

Volatile and unstable prices of raw materials have widespread implications for manufacturing organizations. From the rising energy costs to unexpected fluctuations in raw material costs, obstacles are destabilizing supply chains making it difficult for manufacturers to either absorb additional costs, or find new ways to mitigate the expenses. The Russia’s Invasion of Ukraine has disrupted oil industry which led to skyrocketing oil prices. Russia is one of the biggest producers of oil and natural gas. The price of crude oil was also inflated even before the war due to higher demand for fuel by the recovery of the global economies from the COVID-19 pandemic and low investment in the oil and gas industry. The high fluctuating raw material costs and ineffective price management can damage the company’s profitability factor. Such fluctuations in crude oil prices can negatively impact alkyd resin prices and their applications, moreover, the fluctuation in crude oil prices leads to variations in the manufacturing costs of alkyd resin to significantly impact prices for end-users.

Opportunities

  • Growing Demand for Sustainable Coating in the Market

Consumers are becoming more conscious about products that impact the environment. They favor environmentally friendly products that reduce environmental damage and support sustainable lifestyles. As a result, there is a demand for coatings and paints developed with environmentally friendly alkyd resins. Sustainability is becoming a core principle that many businesses are adopting and incorporating into their business strategies. Through all of their supply chains, they strive to minimize the environmental effect, promote sustainable sourcing, and reduce carbon footprint. As sustainability becomes a more prominent factor in purchasing decisions, businesses are recognizing the market demand for eco-friendly products. Offering sustainable alkyd resin-based coatings and paints products provides a competitive advantage by meeting customer expectations.

  • The Continuous Product Launches By Companies Boost Market Growth

A product launch strategy involves research, testing, and actions from different departments to ensure that the customers buy a product. The market players in alkyd resin manufacturing are constantly working towards new product launches in the market. The launch of new alkyd resin products helps to satisfy the preference of different consumers in the market. Launch strategies help in product launches, market understanding, trends analysis, and many more beneficial accepts which help the industry experts to expand. An important part of the launch plan is validating the product and its benefit quickly. Manufacturers consistently create new product launches which helps the company to grow, continuous collaborations between companies, strategic alliances, funding, and company expansion boost the company's growth globally which will ultimately boost the market growth. 

Recent Developments

In May, 2023 Polynt Group announced the expansion of resin production capacity to serve the North American Coatings Market and to meet the growing needs of the paints and coatings industry. This investment will help the company to expand its capacity in conventional alkyds, oil modified urethanes, and water based technologies.

In May, 2023 Hempel A/S was recognized as a supplier engagement leader by CDP for environmental action across its supply chain. Hempel is recognized with an A score in CDP’s 2022 Supplier Engagement Rating (SER). This will help the company to improve its brand recognition and meet its sustainability goals in the market.

North America Alkyd Resin Market Scope

The North America alkyd resin market is categorized into six notable segment, by resin type, process type, class, formulation type, application, and end use industry. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Resin Type

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

On the basis of resin type, the North America alkyd resin market is segmented into non-drying alkyd resin, drying alkyd resin, and semi-drying alkyd resin.

Process Type

  • Fatty Acid Process
  • Glyceride Process

On the basis of Process type, the North America alkyd resin market is segmented into fatty acid process and glyceride process.

Class

  • Long Alkyd Resin
  • Medium Alkyd Resin
  • Short Alkyd Resin

On the basis of class, the North America alkyd resin market is segmented into long alkyd resin, medium alkyd resin, and short alkyd resin.

Formulation Type

  • High-Solid Alkyds
  • Waterborne Alkyds
  • Modifying Alkyds
  • Solvent Borne Coatings
  • Powder Coatings
  • Others

On the basis of formulation type, the North America alkyd resin market is segmented into high-solid alkyd, waterborne alkyds, modifying alkyds, solvent borne coatings, powder coatings, and others.

Application

  • Building & Construction
  •  Automotive 0em Coatings
  •  Electrical Equipment
  • Furniture & Decor
  •  Metal Coatings
  •  Automotive Refinish Coatings
  •  Coil Coatings
  • Packaging

On the basis of application, the North America alkyd resin market is segmented into building & construction, automotive 0em coatings, electrical equipment, furniture & decor, metal coatings, automotive refinish coatings, coil coatings, and packaging.

End Use Industry

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

On the basis of end use industry, the North America alkyd resin market is segmented into construction & architecture industry, automotive industry, electronics industry, aerospace industry, marine industry, and others.

Alkyd Resins Market

North America Alkyd Resin Market Regional Analysis/Insights

 The North America Alkyd Resin Market is categorized into six notable segment, by resin type, process type, class, formulation type, application, and end use industry.

The countries covered in the North America alkyd resin market report are U.S., Canada, and Mexico.

U.S. is dominating the North America alkyd resin market , due to large production, easy availability of products, and an increase in customer base.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and North America Alkyd Resin Market Share Analysis

North America alkyd resin market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies focus on the North America alkyd resin market.

Some of the major players operating in the North America alkyd resin market are OPC polymers, Covestro AG, Uniform Synthetics, Synthopol, Arkema, BASF SE, Allnex GMBH, D.S.V Chemcials Pvt Ltd, Ratnaka Resins Pvt. Ltd., Hempel A/S, Neo-Pack Plast, POLYNT SPA, Krishna Resins & Pigments Pvt. Ltd., Arakawa Chemical Industries, Ltd., MACRO POLYMERS, Nord Composites Italia SRL, Girdhari Chemicals & Resins, Eternal Materials Co., Ltd., US Polymers-Accurez, LLC, Spolek pro chemickou a hutní výrobu, akciová společnost, and Mancuso Chemicals Limited among others.


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Table of Content

1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY

1.2 MARKET DEFINITION

1.3 OVERVIEW OF THE NORTH AMERICA ALKYD RESIN MARKET

1.4 CURRENCY AND PRICING

1.5 LIMITATIONS

1.6 MARKETS COVERED

2 MARKET SEGMENTATION

2.1 MARKETS COVERED

2.2 GEOGRAPHICAL SCOPE

2.3 YEARS CONSIDERED FOR THE STUDY

2.4 CURRENCY AND PRICING

2.5 DBMR TRIPOD DATA VALIDATION MODEL

2.6 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS

2.7 DBMR MARKET POSITION GRID

2.8 MULTIVARIATE MODELLING

2.9 CATEGORY LIFELINE CURVE

2.1 MARKET APPLICATION COVERAGE GRID

2.11 VENDOR SHARE ANALYSIS

2.12 SECONDARY SOURCES

2.13 ASSUMPTIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

4.1 PESTLE ANALYSIS

4.1.1 POLITICAL FACTORS

4.1.2 ECONOMIC FACTORS

4.1.3 SOCIAL FACTORS

4.1.4 TECHNOLOGICAL FACTORS

4.1.5 LEGAL FACTORS

4.1.6 ENVIRONMENTAL FACTORS

4.2 PORTER’S FIVE FORCES:

4.2.1 THREAT OF NEW ENTRANTS

4.2.2 THREAT OF SUBSTITUTES

4.2.3 CUSTOMER BARGAINING POWER

4.2.4 SUPPLIER BARGAINING POWER

4.2.5 INTERNAL COMPETITION (RIVALRY)

4.3 CLIMATE CHANGE SCENARIO

4.3.1 ENVIRONMENTAL CONCERNS

4.3.2 INDUSTRY RESPONSE

4.3.3 GOVERNMENT’S ROLE

4.3.4 ANALYST RECOMMENDATION

4.4 IMPORT-EXPORT ANALYSIS

4.5 SUPPLY CHAIN ANALYSIS

4.5.1 OVERVIEW

4.5.2 LOGISTIC COST SCENARIO

4.5.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS

4.6 TECHNOLOGICAL INNOVATION

4.7 VENDOR SELECTION CRITERIA

4.8 PRICE ANALYSIS

4.9 PRODUCTION CAPACITY OUTLOOK

4.1 PRODUCTION CONSUMPTION ANALYSIS

4.11 RAW MATERIAL COVERAGE

5 REGULATION COVERAGE

6 MARKET OVERVIEW

6.1 DRIVERS

6.1.1 RISING DEMAND IN THE PAINT AND COATING INDUSTRY

6.1.2 GROWING DISPOSABLE INCOME AND LIFESTYLE OF CONSUMERS

6.1.3 HIGH-QUALITY PROPERTIES AND COMPATIBILITY OF THE ALKYD RESIN WITH A WIDE RANGE OF POLYMERS

6.1.4 GROWING URBANIZATION IN THE DEVELOPING COUNTRIES

6.2 RESTRAINTS

6.2.1 GROWING AWARENESS OF THE HARMFUL IMPACT OF ALKYD RESINS

6.2.2 AVAILABILITY OF SUBSTITUTES

6.3 OPPORTUNITIES

6.3.1 GROWING DEMAND FOR SUSTAINABLE COATING IN THE MARKET

6.3.2 THE CONTINUOUS PRODUCT LAUNCHES BY COMPANIES BOOST THE MARKET GROWTH

6.4 CHALLENGE

6.4.1 THE FLUCTUATING PRICE OF RAW MATERIALS LEADS TO CHANGES IN THE MANUFACTURING COST OF ALKYD RESINS

7 NORTH AMERICA ALKYD RESIN MARKET, BY REGION

7.1 NORTH AMERICA

7.1.1 U.S.

7.1.2 CANADA

7.1.3 MEXICO

8 NORTH AMERICA ALKYD RESIN MARKET, COMPANY LANDSCAPE

8.1 COMPANY SHARE ANALYSIS: NORTH AMERICA

8.2 ACQUISITION

8.3 NEW LAUNCHES

8.4 RECOGNITION

8.5 NEW PLANT

9 COMPANY PROFILES

9.1 ARKEMA

9.1.1 COMPANY SNAPSHOT

9.1.2 REVENUE ANALYSIS

9.1.3 COMPANY SHARE ANALYSIS

9.1.4 PRODUCT PORTFOLIO

9.1.5 SWOT

9.1.6 RECENT DEVELOPMENTS

9.2 BASF SE (2022)

9.2.1 COMPANY SNAPSHOT

9.2.2 REVENUE ANALYSIS

9.2.3 COMPANY SHARE ANALYSIS

9.2.4 PRODUCT PORTFOLIO

9.2.5 SWOT

9.2.6 RECENT DEVELOPMENTS

9.3 ALLNEX GMBH

9.3.1 COMPANY SNAPSHOT

9.3.2 COMPANY SHARE ANALYSIS

9.3.3 PRODUCT PORTFOLIO

9.3.4 SWOT

9.3.5 RECENT DEVELOPMENTS

9.4 ETERNAL MATERIALS CO.,LTD. (2022)

9.4.1 COMPANY SNAPSHOT

9.4.2 REVENUE ANALYSIS

9.4.3 COMPANY SHARE ANALYSIS

9.4.4 PRODUCT PORTFOLIO

9.4.5 SWOT

9.4.6 RECENT DEVELOPMENT

9.5 OPC POLYMERS

9.5.1 COMPANY SNAPSHOT

9.5.2 COMPANY SHARE ANALYSIS

9.5.3 PRODUCT PORTFOLIO

9.5.4 SWOT ANALYSIS

9.5.5 RECENT DEVELOPMENTS

9.6 ARAKAWA CHEMICAL INDUSTRIES,LTD. (2022)

9.6.1 COMPANY SNAPSHOT

9.6.2 REVENUE ANALYSIS

9.6.3 PRODUCT PORTFOLIO

9.6.4 SWOT

9.6.5 RECENT DEVELOPMENTS

9.7 COVESTRO AG

9.7.1 COMPANY SNAPSHOT

9.7.2 REVENUE ANALYSIS

9.7.3 COMPANY SHARE ANALYSIS

9.7.4 PRODUCT PORTFOLIO

9.7.5 SWOT ANALYSIS

9.7.6 RECENT DEVELOPMENT

9.8 D.S.V CHEMCIALS PVT LTD

9.8.1 COMPANY SNAPSHOT

9.8.2 PRODUCT PORTFOLIO

9.8.3 SWOT

9.8.4 RECENT DEVELOPMENTS

9.9 GIRDHARI CHEMICALS & RESINS PVT.LTD.

9.9.1 COMPANY SNAPSHOT

9.9.2 PRODUCT PORTFOLIO

9.9.3 SWOT

9.9.4 RECENT DEVELOPMENTS

9.1 HEMPEL A/S

9.10.1 COMPANY SNAPSHOT

9.10.2 PRODUCT PORTFOLIO

9.10.3 SWOT ANALYSIS

9.10.4 RECENT DEVELOPMENT

9.11 KRISHNA RESINS & PIGMENTS PVT. LTD.

9.11.1 COMPANY SNAPSHOT

9.11.2 PRODUCT PORTFOLIO

9.11.3 SWOT

9.11.4 RECENT DEVELOPMENTS

9.12 MACRO POLYMERS

9.12.1 COMPANY SNAPSHOT

9.12.2 PRODUCT PORTFOLIO

9.12.3 SWOT

9.12.4 RECENT DEVELOPMENTS

9.13 MANCUSO CHEMICALS LIMITED

9.13.1 COMPANY SNAPSHOT

9.13.2 PRODUCT PORTFOLIO

9.13.3 SWOT

9.13.4 RECENT DEVELOPMENT

9.14 NEO-PACK PLAST

9.14.1 COMPANY SNAPSHOT

9.14.2 PRODUCT PORTFOLIO

9.14.3 SWOT ANALYSIS

9.14.4 RECENT DEVELOPMENTS

9.15 NORD COMPOSITES ITALIA SRL

9.15.1 COMPANY SNAPSHOT

9.15.2 PRODUCT PORTFOLIO

9.15.3 SWOT

9.15.4 RECENT DEVELOPMENTS

9.16 POLYNT SPA

9.16.1 COMPANY SNAPSHOT

9.16.2 PRODUCT PORTFOLIO

9.16.3 SWOT ANALYSIS

9.16.4 RECENT DEVELOPMENT

9.17 RATNAKA RESINS PVT.LTD.

9.17.1 COMPANY SNAPSHOT

9.17.2 PRODUCT PORTFOLIO

9.17.3 SWOT ANALYSIS

9.17.4 RECENT DEVELOPMENTS

9.18 SPOLEK PRO CHEMICKOU A HUTNÍ VÝROBU, AKCIOVÁ SPOLEČNOST

9.18.1 COMPANY SNAPSHOT

9.18.2 PRODUCT PORTFOLIO

9.18.3 SWOT

9.18.4 RECENT DEVELOPMENTT

9.19 SYNTHOPOL

9.19.1 COMPANY SNAPSHOT

9.19.2 PRODUCT PORTFOLIO

9.19.3 SWOT ANALYSIS

9.19.4 RECENT DEVELOPMENT

9.2 UNIFORM SYNTHETICS

9.20.1 COMPANY SNAPSHOT

9.20.2 PRODUCT PORTFOLIO

9.20.3 SWOT ANALYSIS

9.20.4 RECENT DEVELOPMENTS

9.21 US POLYMERS-ACCUREZ, LLC

9.21.1 COMPANY SNAPSHOT

9.21.2 PRODUCT PORTFOLIO

9.21.3 SWOT

9.21.4 RECENT DEVELOPMENT

10 QUESTIONNAIRE

11 RELATED REPORTS

List of Table

TABLE 1 IMPORT DATA OF "ALKYD RESINS, IN PRIMARY FORMS"; HS CODE OF PRODUCT: 390750

TABLE 2 IMPORT DATA OF " ALKYD RESINS, IN PRIMARY FORMS"; HS CODE OF PRODUCT: 390750

TABLE 3 EXPORT DATA OF "ALKYD RESINS, IN PRIMARY FORMS"; HS CODE OF PRODUCT: 390750

TABLE 4 EXPORT DATA OF "ALKYD RESINS, IN PRIMARY FORMS"; HS CODE OF PRODUCT: 390750

TABLE 5 TOP FIVE COMPANIES - PRODUCTION CAPACITY ANALYSIS

TABLE 6 REGULATORY COVERAGE

TABLE 7 NORTH AMERICA ALKYD RESIN MARKET, BY COUNTRY, 2021-2030 (USD MILLION)

TABLE 8 NORTH AMERICA ALKYD RESIN MARKET, BY COUNTRY, 2021-2030 (KILO TONS)

TABLE 9 NORTH AMERICA ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 10 NORTH AMERICA ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (KILO TONS)

TABLE 11 NORTH AMERICA ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (ASP)

TABLE 12 NORTH AMERICA ALKYD RESIN MARKET, BY PROCESS TYPE, 2021-2030 (USD MILLION)

TABLE 13 NORTH AMERICA ALKYD RESIN MARKET, BY CLASS, 2021-2030 (USD MILLION)

TABLE 14 NORTH AMERICA ALKYD RESIN MARKET, BY FORMULATION TYPE, 2021-2030 (USD MILLION)

TABLE 15 NORTH AMERICA ALKYD RESIN MARKET, BY APPLICATION, 2021-2030 (USD MILLION)

TABLE 16 NORTH AMERICA ALKYD RESIN MARKET, BY END USE INDUSTRY, 2021-2030 (USD MILLION)

TABLE 17 NORTH AMERICA CONSTRUCTION & ARCHITECTURE INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 18 NORTH AMERICA AUTOMOTIVE INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 19 NORTH AMERICA ELECTRONICS INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 20 NORTH AMERICA AEROSPACE INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 21 NORTH AMERICA MARINE INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 22 NORTH AMERICA OTHERS IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 23 U.S. ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 24 U.S. ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (KILO TONS)

TABLE 25 U.S. ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (ASP)

TABLE 26 U.S. ALKYD RESIN MARKET, BY PROCESS TYPE, 2021-2030 (USD MILLION)

TABLE 27 U.S. ALKYD RESIN MARKET, BY CLASS, 2021-2030 (USD MILLION)

TABLE 28 U.S. ALKYD RESIN MARKET, BY FORMULATION TYPE, 2021-2030 (USD MILLION)

TABLE 29 U.S. ALKYD RESIN MARKET, BY APPLICATION, 2021-2030 (USD MILLION)

TABLE 30 U.S. ALKYD RESIN MARKET, BY END USE INDUSTRY, 2021-2030 (USD MILLION)

TABLE 31 U.S. CONSTRUCTION & ARCHITECTURE INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 32 U.S. AUTOMOTIVE INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 33 U.S. ELECTRONICS INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 34 U.S. AEROSPACE INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 35 U.S. MARINE INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 36 U.S. OTHERS IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 37 CANADA ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 38 CANADA ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (KILO TONS)

TABLE 39 CANADA ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (ASP)

TABLE 40 CANADA ALKYD RESIN MARKET, BY PROCESS TYPE, 2021-2030 (USD MILLION)

TABLE 41 CANADA ALKYD RESIN MARKET, BY CLASS, 2021-2030 (USD MILLION)

TABLE 42 CANADA ALKYD RESIN MARKET, BY FORMULATION TYPE, 2021-2030 (USD MILLION)

TABLE 43 CANADA ALKYD RESIN MARKET, BY APPLICATION, 2021-2030 (USD MILLION)

TABLE 44 CANADA ALKYD RESIN MARKET, BY END USE INDUSTRY, 2021-2030 (USD MILLION)

TABLE 45 CANADA CONSTRUCTION & ARCHITECTURE INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 46 CANADA AUTOMOTIVE INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 47 CANADA ELECTRONICS INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 48 CANADA AEROSPACE INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 49 CANADA MARINE INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 50 CANADA OTHERS IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 51 MEXICO ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 52 MEXICO ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (KILO TONS)

TABLE 53 MEXICO ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (ASP)

TABLE 54 MEXICO ALKYD RESIN MARKET, BY PROCESS TYPE, 2021-2030 (USD MILLION)

TABLE 55 MEXICO ALKYD RESIN MARKET, BY CLASS, 2021-2030 (USD MILLION)

TABLE 56 MEXICO ALKYD RESIN MARKET, BY FORMULATION TYPE, 2021-2030 (USD MILLION)

TABLE 57 MEXICO ALKYD RESIN MARKET, BY APPLICATION, 2021-2030 (USD MILLION)

TABLE 58 MEXICO ALKYD RESIN MARKET, BY END USE INDUSTRY, 2021-2030 (USD MILLION)

TABLE 59 MEXICO CONSTRUCTION & ARCHITECTURE INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 60 MEXICO AUTOMOTIVE INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 61 MEXICO ELECTRONICS INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 62 MEXICO AEROSPACE INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 63 MEXICO MARINE INDUSTRY IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

TABLE 64 MEXICO OTHERS IN ALKYD RESIN MARKET, BY RESIN TYPE, 2021-2030 (USD MILLION)

List of Figure

FIGURE 1 NORTH AMERICA ALKYD RESIN MARKET: SEGMENTATION

FIGURE 2 NORTH AMERICA ALKYD RESIN MARKET: DATA TRIANGULATION

FIGURE 3 NORTH AMERICA ALKYD RESIN MARKET : DROC ANALYSIS

FIGURE 4 NORTH AMERICA ALKYD RESIN MARKET: NORTH AMERICA VS REGIONAL MARKET ANALYSIS

FIGURE 5 NORTH AMERICA ALKYD RESIN MARKET: COMPANY RESEARCH ANALYSIS

FIGURE 6 THE NORTH AMERICA ALKYD RESIN MARKET: INTERVIEW DEMOGRAPHICS

FIGURE 7 THE NORTH AMERICA ALKYD RESIN MARKET: DBMR MARKET POSITION GRID

FIGURE 8 THE NORTH AMERICA ALKYD RESIN MARKET: MARKET APPLICATION COVERAGE GRID

FIGURE 9 NORTH AMERICA ALKYD RESIN MARKET VENDOR SHARE ANALYSIS

FIGURE 10 THE NORTH AMERICA ALKYD RESIN MARKET: SEGMENTATION

FIGURE 11 GROWING CONSUMPTION IN THE PAINT AND COATING INDUSTRY IS EXPECTED TO DRIVE THE GROWTH OF THE NORTH AMERICA ALKYD RESIN MARKET IN THE FORECAST PERIOD OF 2023 TO 2030

FIGURE 12 NON-DRYING ALKYD RESIN SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE NORTH AMERICA ALKYD RESIN MARKET IN 2023 AND 2030

FIGURE 13 VENDOR SELECTION CRITERIA

FIGURE 14 PRICE ANALYSIS FOR NORTH AMERICA ALKYD RESIN MARKET (USD/KG)

FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES OF THE NORTH AMERICA ALKYD RESIN MARKET

FIGURE 16 NORTH AMERICA ALKYD RESIN MARKET: SNAPSHOT (2022)

FIGURE 17 NORTH AMERICA ALKYD RESIN MARKET: BY COUNTRY (2022)

FIGURE 18 NORTH AMERICA ALKYD RESIN MARKET: BY COUNTRY (2023 & 2030)

FIGURE 19 NORTH AMERICA ALKYD RESIN MARKET: BY COUNTRY (2022 & 2030)

FIGURE 20 NORTH AMERICA ALKYD RESIN MARKET: BY RESIN TYPE (2023-2030)

FIGURE 21 NORTH AMERICA ALKYD RESIN MARKET: COMPANY SHARE 2022 (%)

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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Frequently Asked Questions

The North America alkyd resin market is anticipated to reach a value of USD 526.21 million with a potential CAGR of 3.9% by the forecasted period up to 2030.
The countries covered in the North America alkyd resin market report are U.S., Canada, and Mexico.
The major players operating in the North America alkyd resin market are OPC polymers, Covestro AG, Uniform Synthetics, Synthopol, Arkema, BASF SE, Allnex GMBH, D.S.V Chemcials Pvt Ltd, Ratnaka Resins Pvt. Ltd., Hempel A/S, Neo-Pack Plast, POLYNT SPA, Krishna Resins & Pigments Pvt. Ltd., Arakawa Chemical Industries, Ltd., MACRO POLYMERS, Nord Composites Italia SRL, Girdhari Chemicals & Resins, Eternal Materials Co., Ltd., US Polymers-Accurez, LLC, Spolek pro chemickou a hutní výrobu, akciová společnost, and Mancuso Chemicals Limited
The North America alkyd resin market is categorized into six notable segment, by resin type, process type, class, formulation type, application, and end use industry.
U.S. is dominating the North America alkyd resin market , due to large production, easy availability of products, and an increase in customer base.