Global Alkyd Resin Market 2019-2023: Growing Demand from the Automotive Industry Gaining Momentum

DUBLIN, Nov. 22, 2018 /PRNewswire/ --

The "Global Alkyd Resin Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The global alkyd resin market to grow at a CAGR of 6.78% during the period 2019-2023.

Global Alkyd Resin Market 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the use of alkyd resin in different applications.

According to the report, one of the major drivers for this market is the superior properties of alkyd resins. Alkyd resins are used in manufacturing protective coatings given their good weathering properties. Major paint and coating manufacturers rely heavily on alkyd resins for use as raw materials in paint and coating application.

The latest trend gaining momentum in the market is the growing automotive industry. The automotive industry has increased demand for alkyd resin as they used in automotive paints and coatings.

Further, the report states that one of the major factors hindering the growth of this market is the fluctuations crude oil prices. Fluctuations in crude oil prices lead to variations in the manufacturing costs of alkyd resins to significantly impact prices for end- users such developments have compelled market vendors to adopt various cost- cutting measures, which will affect the market negatively.

Key questions answered in this report

• What will the market size be in 2023 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the Key vendors in this market space?

Market Dynamics

• Increasing construction activities in China
• Stringent VOC regulations
• Increasing demand for waterborne coatings

Key vendors

• Akzo Nobel
• Arkema
• BASF
• Evonik Industries
• PPG Industries
• W. R. Grace

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

• Market segmentation by application
• Comparison by application
• Architectural - Market size and forecast 2018-2023
• Industrial - Market size and forecast 2018-2023
• Automotive - Market size and forecast 2018-2023
• Others - Market size and forecast 2018-2023
• Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2018-2023
• Americas - Market size and forecast 2018-2023
• EMEA - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Growing automotive industry
• Increasing demand for waterborne coatings
• Growing demand for printing inks

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Akzo Nobel
• Arkema
• BASF
• Evonik Industries
• PPG Industries
• W. R. Grace

PART 14: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/tzjgfv/global_alkyd?w=5

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