Alkyd Coatings Market - Forecast(2022 - 2027)

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Alkyd Coatings Market - Forecast(2022 - 2027)
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• Alkyd Coatings Market size is forecast to reach
  36.46 billion by 2025, after growing at a CAGR
  of 7.35 during 2020-2025. 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.
• The demand for alkyd coatings is powered by the
  low cost of alkyd resins, versatility in the
  formulation, and common usefulness to end users.
  Besides, owing to their 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 from this Report
• 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
• Automotive refinishing primers held the largest
  share in Alkyd Coatings Market in 2019. Alkyd
  coatings are used as primer, undercoat, and
  topcoat in the automotive industry. The
  automotive primer acts as a bonding agent to help
  the paint adhere more strongly to the body of the
  vehicle. Equally as important, paint primer helps
  prevent rust and moisture damage to vehicle by
  adding a couple of extra protective layers. Alkyd
  coatings are used undercoating a vehicle to
  create a rust-proof layer between the underside
  of the vehicle and the water, ice, and salt of
  the road.

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

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Alkyd Coatings Market - Forecast(2022 - 2027)
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ch/Alkyd-Coatings-Market-Research-501581
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• You Can Customize the Report as Per Your Need.
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• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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