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    US Modified Alkyd Resin Market

    ID: MRFR/CnM/16817-HCR
    100 Pages
    MRFR Team
    September 2025

    US Alkyd Resin Market US Alkyd Resin Market Research Report: By Type (Oil Based, Modified, Water Reducible, Others) and By End-Use Industry (Building & Construction, Automotive, Industrial, Furniture) - Forecast to 2035

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    US Modified Alkyd Resin Market Infographic
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    US Modified Alkyd Resin Market Summary

    The US Alkyd Resin market is projected to grow steadily from 448.5 million USD in 2024 to 614.0 million USD by 2035.

    Key Market Trends & Highlights

    US Alkyd Resin Key Trends and Highlights

    • The market valuation is expected to reach 614.0 million USD by the year 2035.
    • From 2025 to 2035, the market is anticipated to grow at a compound annual growth rate of 2.9 percent.
    • In 2024, the market is valued at 448.5 million USD, indicating a robust starting point for growth.
    • Growing adoption of eco-friendly coatings due to increasing environmental regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 448.5 (USD Million)
    2035 Market Size 614.0 (USD Million)
    CAGR (2025-2035) 2.9%

    Major Players

    Qualipoly Chemical, BASF, AkzoNobel, Hempel, PPG Industries, Eastman Chemical, RPM International, Franmar Chemical, Huntsman, Covestro, Muntajat, Sherwin-Williams, Kansai Paint, Arkema, Dow Inc.

    US Modified Alkyd Resin Market Trends

    Additionally, the revival in the construction sector, spurred by infrastructure investments, is further propelling growth in the alkyd resin market as these materials are widely used in decorative and protective coatings for various applications.Opportunities to be explored include expanding the use of alkyd resins in the automotive sector, where durability and aesthetic appeal are crucial. Manufacturers can target this sector by emphasizing the unique benefits of alkyd resins, such as their excellent adhesion and gloss retention.

    There is also a growing trend in the industrial segment, where alkyd resins serve as effective coatings for machinery and equipment, enhancing protection against corrosion and wear. Recent times have witnessed technological advancements in alkyd resin formulation, allowing for faster drying times and improved performance characteristics. These innovations contribute to the competitive edge against alternative coatings in the market.As a result, players in the US alkyd resin market are investing in R&D, focusing on developing high-performance formulations to cater to the specific needs of various applications, ensuring sustained growth in a dynamic market environment.

    Market Segment Insights

    US Alkyd Resin Market Segment Insights:

    US Alkyd Resin Market Segment Insights:

    Alkyd Resin Market Type Insights

    Alkyd Resin Market Type Insights

    The US Alkyd Resin Market exhibits a diverse segmentation based on type, which is pivotal for understanding its dynamics within the industry. The key types including Oil Based, Modified, Water Reducible, and Others each serve unique applications that cater to the specific needs of end-users. Oil Based alkyd resins have traditionally dominated the market due to their robust performance in various coatings applications, especially in the architectural and industrial sectors.

    Their ability to provide excellent gloss and durability makes them a preferred choice for both interior and exterior applications.Modified alkyd resins, on the other hand, incorporate various additives to enhance properties like drying time and flexibility, positioning them as an adaptable option for manufacturers looking to innovate in formulation chemistry. Meanwhile, Water Reducible alkyd resins are gaining traction as environmental regulations tighten and the demand for lower volatile organic compounds (VOCs) rises. This sub-type is increasingly favored in applications requiring high performance without compromising on eco-friendliness.

    In addition, the 'Others' category encompasses various niche formulations that cater to specific applications in markets such as automotive, furniture, and industrial coatings, thereby increasing overall market diversity.The collective growth of these segments is driven by the expanding construction industry in the US and the rising demand for refined coatings, which emphasizes durability and aesthetic appeal. These trends not only facilitate the expansion of US Alkyd Resin Market revenue but also present opportunities for emerging innovations and sustainability-focused products within the market.

    The adaptation of these resin types in response to changing regulations, technological advancements, and consumer preferences underscores their significance in the US Alkyd Resin Market landscape.Consequently, understanding this segmentation is critical in analyzing US Alkyd Resin Market data and predicting future trends that will shape the industry. As manufacturers continue to innovate within these segments, it will be interesting to see how each type evolves in terms of performance, sustainability, and regulatory compliance, consequently impacting overall market growth and consumer choices in the coming years.

    Alkyd Resin Market End-Use Industry Insights

    Alkyd Resin Market End-Use Industry Insights

    The US Alkyd Resin Market within the End-Use Industry showcases diverse applications across various sectors, reflecting the notable versatility of alkyd resins. The Building and Construction segment significantly drives demand due to its essential role in protective coatings and finishes, which are crucial for durability and aesthetic appeal. The Automotive sector benefits from alkyd resins' properties, as they enhance vehicle coatings, offering resistance to corrosion and weathering.

    Get more detailed insights about US Modified Alkyd Resin Market

    Key Players and Competitive Insights

    The US Alkyd Resin Market is characterized by a competitive landscape that involves numerous players specializing in the production and distribution of these resins. Alkyd resins, known for their versatility and adherence properties, find widespread application in paints, coatings, adhesives, and inks, creating a dynamic environment for manufacturers. The competition is driven by various factors, including technological advancements, customer preferences, sustainability concerns, and regulatory frameworks. Companies in the market strive to innovate and enhance their product offerings while competing on factors such as quality, pricing, and customer service.

    As environmental regulations become more stringent, the focus on developing eco-friendly and low-VOC (volatile organic compound) alkyd resins is intensifying, leading companies to invest in research and development to meet these evolving demands.Qualipoly Chemical has established a solid foothold in the US Alkyd Resin Market, marked by its commitment to producing high-quality resins that cater to a diverse range of applications. The company is recognized for its strong presence in the coating and paint industries, leveraging its technical expertise to innovate and improve product performance.

    Qualipoly Chemical's strengths lie in its ability to adapt to changing market needs and its responsiveness to customer feedback, ensuring that its alkyd formulations meet or exceed industry standards. By focusing on reliability and customer satisfaction, Qualipoly Chemical has built long-lasting relationships with its clientele, enabling it to maintain a competitive edge in the market.BASF, a leading global chemical company, has a significant presence in the US Alkyd Resin Market, where it offers a broad array of products tailored for different industrial applications.

    Known for its robust research and development capabilities, BASF produces high-performance alkyd resins that meet stringent quality and environmental standards. The company's strengths include its comprehensive product portfolio, which caters to a variety of sectors such as automotive, industrial, and decorative coatings. BASF actively engages in strategic partnerships and acquisitions to enhance its market position and broaden its product offerings in the US region. By continuously investing in innovative solutions and sustainable practices, BASF remains at the forefront of the alkyd resin industry, addressing the evolving needs of customers while ensuring compliance with environmental regulations.

    Key Companies in the US Modified Alkyd Resin Market market include

    Industry Developments

    The US Alkyd Resin Market has witnessed several notable developments recently. In September 2023, Covestro announced the expansion of its production capacity, aligning with the growing demand for eco-friendly resins, addressing the market's shift toward sustainable solutions. Additionally, in August 2023, PPG Industries introduced a new line of low-VOC alkyd resins, enhancing their portfolio focused on environmentally conscious products. The market has experienced significant growth, partly driven by increased infrastructure spending and demand for decorative coatings, which saw a rise in valuation of major players like AkzoNobel and Sherwin-Williams, reflecting positively on their sales forecasts.

    A prominent merger in this sector occurred in March 2023, when Dow Inc. acquired Franmar Chemical, strengthening its position in specialty coatings and alkyd resin applications. The acquisition is expected to leverage Dow's vast distribution network and enhance product offerings. Over the last few years, the US Alkyd Resin Market has also seen a shift towards waterborne technologies, with Hempel leading initiatives to alter traditional formulations to comply with stringent environmental regulations imposed since 2021. Key companies such as RPM International and Huntsman are also actively pursuing innovations to meet both performance and sustainability standards in their alkyd resin products.

    Market Segmentation

    Outlook

    Report Scope

    Report Scope:
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 433.5(USD Million)
    MARKET SIZE 2024 448.5(USD Million)
    MARKET SIZE 2035 614.03(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 2.897% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Qualipoly Chemical, BASF, AkzoNobel, Hempel, PPG Industries, Eastman Chemical, RPM International, Franmar Chemical, Huntsman, Covestro, Muntajat, SherwinWilliams, Kansai Paint, Arkema, Dow Inc.
    SEGMENTS COVERED Type, End-Use Industry
    KEY MARKET OPPORTUNITIES Rising demand for eco-friendly coatings, Growth in construction industry applications, Increasing automotive paint usage, Technological advancements in formulations, Expansion in industrial sector coatings
    KEY MARKET DYNAMICS growing construction sector, increasing automotive production, demand for eco-friendly coatings, technological advancements in formulations, fluctuating raw material prices
    COUNTRIES COVERED US
    Report Infographic
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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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