Alkyd Resin Market: COVID-19 Focused Report | Evolving Opportunities with Arkema SA and BASF SE | Technavio

NEW YORK, May 18, 2021 /PRNewswire/ — 
The global alkyd resin market is expected…

NEW YORK, May 18, 2021 /PRNewswire/ — 

The global alkyd resin market is expected to grow by 223.32 thousand MT, according to Technavio. This marks a significant market slow down due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of about 3%. 

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Read the 120-page report with TOC on «Alkyd Resin Market Analysis Report by Application (Architectural, Industrial, Automotive, and Others) and Geography (APAC, North America, Europe, South America, and MEA), and the Segment Forecasts,2021-2025″. Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales and supply functions.

The alkyd resin market is driven by the superior properties of alkyd resins. In addition, the increasing demand for paints and coatings is anticipated to boost the growth of the alkyd resin market.

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Major Five Alkyd Resin Companies:

  • Akzo Nobel NV
  • Arakawa Chemical Industries Co. Ltd.
  • Arkema SA
  • Eternal Materials Corp. Ltd.

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Alkyd Resin Market Application Outlook (Revenue, th MT, 2020-2025)

  • Architectural – size and forecast 2020-2025
  • Industrial – size and forecast 2020-2025
  • Automotive – size and forecast 2020-2025
  • Others – size and forecast 2020-2025

Alkyd Resin Market Geography Outlook (Revenue, th MT, 2020-2025)

  • APAC – size and forecast 2020-2025
  • North America – size and forecast 2020-2025
  • Europe – size and forecast 2020-2025
  • South America – size and forecast 2020-2025
  • MEA – size and forecast 2020-2025

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Coatings Raw Materials Market by Type and Geography – Forecast and Analysis 2020-2024: The coatings raw materials market size has the potential to grow by 9,198.83 thousand tons during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Download Our Exclusive Sample Report 

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SOURCE Technavio