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The alkyd resin market size is forecast to increase by USD 9.2 billion at a CAGR of 7.32% between 2023 and 2028. The market is experiencing significant growth due to the superior properties of alkyd resins, including impact resistance, water resistance, alkali resistance, and brine resistance. These resins are increasingly being utilized in various industries, most notably in automotive manufacturing, due to their versatility and durability. Additionally, market trends include fluctuating crude oil prices driving the need for solvent reduction and high solids compositions. Eco-labeling and the polymer structure of alkyd resins are also key factors, with a focus on esterification and drying oils to improve sustainability and performance. Overall, the market is expected to continue its growth trajectory, driven by these trends and the demand for high-performance coatings and resins.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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