Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Alkyd Coatings Market by Type (Non-drying, Drying, Semi-drying), By Application (Architecture, Consumer Goods, Transportation, Industrial, Special-purpose Coatings, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Alkyd Coatings Market by Type (Non-drying, Drying, Semi-drying), By Application (Architecture, Consumer Goods, Transportation, Industrial, Special-purpose Coatings, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 133658 3300 Chemical & Material 377 248 Pages 5 (42)

Market Overview:

The global alkyd coatings market is estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million by 2030, at a CAGR of XX% during the forecast period. The growth of the market can be attributed to the increasing demand for alkyd coatings from various end-use industries such as architecture, transportation, industrial, and others. In addition, the growing awareness about the benefits of using alkyd coatings is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. On basis on type: Non-Drying Alkyd Coatings accounted for majority share in 2017 and it will continue its dominance over next 10 years with highest CAGR due to its properties like corrosion resistance & chemical resistance which are highly demanded by end user industries specially transportation sector . Drying Alkyd Coatings will grow with moderate rate due high performance characteristics such as hardness , adhesion & abrasion resistance . Whereas Semi-Drying Alkyds are used where faster drying time is required or when thinner films are desired . On basis on application: Architecture segment dominated global alkyd coatings demand with highest share in 2017 followed by Consumer Goods Segment .

Global Alkyd Coatings Industry Outlook

Product Definition:

An alkyd coating is a type of paint that is made from oil and resin. It is important because it can be used to protect metal and wood from corrosion and decay.


Non-drying is a process in which the drying time of coating is reduced by preventing or decreasing evaporation of volatile components. This can be done by increasing the content of water-soluble polymers, reducing the molecular weight, using microcapsules with oil droplets or through other methods.

The major factor that propels growth for non-drying alkyd coatings market includes growing demand from end-use industries such as construction.


Drying is the removal of water from a solution or mixture by evaporation at a temperature lower than the boiling point of water. In alkyd coating industry, drying is used to remove moisture in the air during storage and transportation. It helps in increasing coating durability and shelf life.

Application Insights:

The application segment includes architecture, consumer goods, transportation, industrial, special-purpose coatings and others. The architectural segment led the global market in 2017 and is projected to continue leading over the forecast period. Increasing construction activities in emerging economies such as China India and Brazil are expected to drive product demand for architectural applications globally.

The growth of the automotive industry especially in countries like India China South Korea Japan has increased significantly over the past few years which is expected to further increase product demand from this sector globally.

Regional Analysis:

Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global population and GDP, which will result in high product penetration. Rapid industrialization coupled with increasing foreign investments in construction, automotive, marine and others industries are likely to drive the market growth over the next eight years.

Europe accounted for more than 25% of global volume share owing to growing demand from Germany, Italy, France and U.K., among other countries that are highly regulated when it comes to coatings usage because of environmental concerns or legal issues such as banned chromium-based paints or lead-based paint regulations that affect manufacturers' raw material costs significantly. These factors have led Europe's alkyd coatings industry being relatively less competitive on account of higher raw material costs compared to North America or Asia Pacific regions despite government support aimed at reducing dependence on Russia for natural gas imports (EUROFER 2014).

Growth Factors:

  • Increasing demand from the automotive and aerospace industries
  • Growing popularity of alkyd coatings in architectural applications
  • Rising demand for low-VOC and waterborne coatings
  • Technological advancements in alkyd coating formulations
  • Growing awareness about the benefits of alkyd coatings among end users

Scope Of The Report

Report Attributes

Report Details

Report Title

Alkyd Coatings Market Research Report

By Type

Non-drying, Drying, Semi-drying

By Application

Architecture, Consumer Goods, Transportation, Industrial, Special-purpose Coatings, Others

By Companies

PPG, 3M, AzkoNobel, BASF, Hempel, Kansai Paint, Nippon Paint, Wacker, Sherwin-Williams, Dow

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Alkyd Coatings Market Report Segments:

The global Alkyd Coatings market is segmented on the basis of:


Non-drying, Drying, Semi-drying

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Architecture, Consumer Goods, Transportation, Industrial, Special-purpose Coatings, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. PPG
  2. 3M
  3. AzkoNobel
  4. BASF
  5. Hempel
  6. Kansai Paint
  7. Nippon Paint
  8. Wacker
  9. Sherwin-Williams
  10. Dow

Global Alkyd Coatings Market Overview

Highlights of The Alkyd Coatings Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Non-drying
    2. Drying
    3. Semi-drying
  1. By Application:

    1. Architecture
    2. Consumer Goods
    3. Transportation
    4. Industrial
    5. Special-purpose Coatings
    6. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Alkyd Coatings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Alkyd Coatings Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Alkyd coatings are a type of paint that use alkyds as the main pigment. Alkyds are a type of oil, and they contain molecules that include carbon and hydrogen. These molecules form long chains when they react with other substances, which is what gives alkyd coatings their characteristic viscosity.

Some of the key players operating in the alkyd coatings market are PPG, 3M, AzkoNobel, BASF, Hempel, Kansai Paint, Nippon Paint, Wacker, Sherwin-Williams, Dow.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Alkyd Coatings Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Alkyd Coatings Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Alkyd Coatings Market - Supply Chain
   4.5. Global Alkyd Coatings Market Forecast
      4.5.1. Alkyd Coatings Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Alkyd Coatings Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Alkyd Coatings Market Absolute $ Opportunity

5. Global Alkyd Coatings Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Alkyd Coatings Market Size and Volume Forecast by Type
      5.3.1. Non-drying
      5.3.2. Drying
      5.3.3. Semi-drying
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Alkyd Coatings Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Alkyd Coatings Market Size and Volume Forecast by Application
      6.3.1. Architecture
      6.3.2. Consumer Goods
      6.3.3. Transportation
      6.3.4. Industrial
      6.3.5. Special-purpose Coatings
      6.3.6. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Alkyd Coatings Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Alkyd Coatings Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Alkyd Coatings Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Alkyd Coatings Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Alkyd Coatings Demand Share Forecast, 2019-2029

9. North America Alkyd Coatings Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Alkyd Coatings Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Alkyd Coatings Market Size and Volume Forecast by Application
      9.4.1. Architecture
      9.4.2. Consumer Goods
      9.4.3. Transportation
      9.4.4. Industrial
      9.4.5. Special-purpose Coatings
      9.4.6. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Alkyd Coatings Market Size and Volume Forecast by Type
      9.7.1. Non-drying
      9.7.2. Drying
      9.7.3. Semi-drying
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Alkyd Coatings Demand Share Forecast, 2019-2029

10. Latin America Alkyd Coatings Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Alkyd Coatings Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Alkyd Coatings Market Size and Volume Forecast by Application
      10.4.1. Architecture
      10.4.2. Consumer Goods
      10.4.3. Transportation
      10.4.4. Industrial
      10.4.5. Special-purpose Coatings
      10.4.6. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Alkyd Coatings Market Size and Volume Forecast by Type
      10.7.1. Non-drying
      10.7.2. Drying
      10.7.3. Semi-drying
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Alkyd Coatings Demand Share Forecast, 2019-2029

11. Europe Alkyd Coatings Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Alkyd Coatings Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Alkyd Coatings Market Size and Volume Forecast by Application
      11.4.1. Architecture
      11.4.2. Consumer Goods
      11.4.3. Transportation
      11.4.4. Industrial
      11.4.5. Special-purpose Coatings
      11.4.6. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Alkyd Coatings Market Size and Volume Forecast by Type
      11.7.1. Non-drying
      11.7.2. Drying
      11.7.3. Semi-drying
   11.8. Basis Point Share BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Alkyd Coatings Demand Share, 2019-2029

12. Asia Pacific Alkyd Coatings Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Alkyd Coatings Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Alkyd Coatings Market Size and Volume Forecast by Application
      12.4.1. Architecture
      12.4.2. Consumer Goods
      12.4.3. Transportation
      12.4.4. Industrial
      12.4.5. Special-purpose Coatings
      12.4.6. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Alkyd Coatings Market Size and Volume Forecast by Type
      12.7.1. Non-drying
      12.7.2. Drying
      12.7.3. Semi-drying
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Alkyd Coatings Demand Share, 2019-2029

13. Middle East & Africa Alkyd Coatings Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Alkyd Coatings Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Alkyd Coatings Market Size and Volume Forecast by Application
      13.4.1. Architecture
      13.4.2. Consumer Goods
      13.4.3. Transportation
      13.4.4. Industrial
      13.4.5. Special-purpose Coatings
      13.4.6. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Alkyd Coatings Market Size and Volume Forecast by Type
      13.7.1. Non-drying
      13.7.2. Drying
      13.7.3. Semi-drying
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Alkyd Coatings Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Alkyd Coatings Market: Market Share Analysis
   14.2. Alkyd Coatings Distributors and Customers
   14.3. Alkyd Coatings Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. PPG Overview Financials Developments Strategic Outlook
      14.4.2. 3M Overview Financials Developments Strategic Outlook
      14.4.3. AzkoNobel Overview Financials Developments Strategic Outlook
      14.4.4. BASF Overview Financials Developments Strategic Outlook
      14.4.5. Hempel Overview Financials Developments Strategic Outlook
      14.4.6. Kansai Paint Overview Financials Developments Strategic Outlook
      14.4.7. Nippon Paint Overview Financials Developments Strategic Outlook
      14.4.8. Wacker Overview Financials Developments Strategic Outlook
      14.4.9. Sherwin-Williams Overview Financials Developments Strategic Outlook
      14.4.10. Dow Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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