Alkyd Coatings Market - Forecast(2021 - 2026)

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Alkyd Coatings Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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• Alkyd Coatings has good compatibility with many
  other coating polymers such as vinyl resins to
  improve the adhesion and application property
  owing to which it is widely used in the
  architecture industry.
• Alkyd Coatings Market size is forecast to reach
  36.46 billion by 2025, after growing at a CAGR
  of 7.35 during 2020-2025. 
• Owing to Alkyd Coatings flexibility and low cost,
  they are used for producing protective coatings
  with good weathering properties and are important
  ingredients in many synthetic paints.

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• Key Takeaways
• APAC dominates the Alkyd Coatings Market due to
  the increasing use of 50 of volatile organic
  carbon-based (VOC) solvents in a paint
  formulation for architectures.
• Increasing the use of alkyd coating is especially
  popular because of its ease of application and a
  high gloss characteristic which is expected to
  boost the demand of Alkyd Coatings Market in the
  predicted period. 
• The Use of alkyd coatings creates health hazards
  which can create hurdles for the Alkyd Coatings
  Market in the forecast period.

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• By Distribution Channel- Segment Analysis
• Alkyd coatings offer greater bonding, resistance
  to moisture, non-flammable, and corrosion
  prevention advantages due to which it is used in
  some areas of marine applications such as boat
  hulls and decking, bridges, steel, tanks, and
  wood.
• Asia Pacific held the largest share with 42.65
  in Alkyd Coatings Market in 2019. Countries such
  as China, India, Japan, and South Korea are
  expected to lead the Alkyd Coatings Market, with
  China accounting for the largest share in the
  regional demand for alkyd coatings. 

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• Alkyd Coatings Market Industry Outlook 
• 3M Co
• Akzonobel N.V
• Basf Se
• Hempel A/S
• Kansai Paints Co Ltd
• PPG Industries Inc.
• The Dow Chemical Company
• The Sherwin-Williams Company,

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Alkyd Coatings Market - Forecast (2021 -
2026) Learn More About the Report _at_
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