Europe alkyd resin market is expected to reach USD 5,341.71 million by 2030 from USD 3,914.60 million in 2022, growing at a CAGR of 4.1% during the forecast period of 2023 to 2030.
Market Segmentation:
Europe Alkyd Resin Market, By Resin Type (Non-Drying Alkyd Resin, Drying Alkyd Resin, and Semi-Drying Alkyd Resin), By Process Type (Fatty Acid Process and Glyceride Process), Class (Long Alkyd Resin, Medium Alkyd Resin, and Short Alkyd Resin), Formulation Type (Modifying Alkyds, Waterborne Alkyds, Solvent Borne Coatings, High-Solids Alkyds, Powder Coatings, and Others), Application (Building & Construction, Automotive OEM Coatings, Electrical Equipment, Furniture & Dcor, Metal Coatings, Automotive Refinish Coatings, Coil Coatings, and Packaging), End Use Industry (Construction & Architecture Industry, Automotive Industry, Electronics Industry, Aerospace Industry, Marine Industry, and Others), Country (Germany, U.K., France, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Sweden, Switzerland, Norway, Denmark, Finland, and rest of Europe) - Industry Trends and Forecast to 2030
Overview of Europe Alkyd Resin Market Dynamics:
Driver
Growing disposable income and lifestyle of consumers
Restrain
Growing awareness of towards harmful impact of alkyd resins
Opportunity
Growing demand for sustainable coating in the market
Market Players:
Some of the key players operating in the Europe alkyd resin market are:
Covestro AG
Arkema
BASF SE
Allnex GMBH
Hempel A/S
POLYNT SPA
Arakawa Chemical Industries, Ltd.
Nord Composites Italia SRL
Eternal Materials Co., Ltd.
US Polymers-Accurez, LLC
Spolek pro chemickou a hutn vrobu, akciov spolenost
TABLE OF CONTENTS
1 INTRODUCTION 39
1.1 OBJECTIVES OF THE STUDY 39
1.2 MARKET DEFINITION 39
1.3 OVERVIEW OF THE EUROPE ALKYD RESIN MARKET 39
1.4 CURRENCY AND PRICING 41
1.5 LIMITATIONS 41
1.6 MARKETS COVERED 41
2 MARKET SEGMENTATION 44
2.1 MARKETS COVERED 44
2.2 GEOGRAPHICAL SCOPE 45
2.3 YEARS CONSIDERED FOR THE STUDY 46
2.4 CURRENCY AND PRICING 46
2.5 DBMR TRIPOD DATA VALIDATION MODEL 47
2.6 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 50
2.7 DBMR MARKET POSITION GRID 51
2.8 MULTIVARIATE MODELLING 52
2.9 CATEGORY LIFELINE CURVE 53
2.10 MARKET APPLICATION COVERAGE GRID 54
2.11 VENDOR SHARE ANALYSIS 55
2.12 SECONDARY SOURCES 56
2.13 ASSUMPTIONS 56
3 EXECUTIVE SUMMARY 57
4 PREMIUM INSIGHTS 60
4.1 PESTLE ANALYSIS 61
4.1.1 POLITICAL FACTORS 61
4.1.2 ECONOMIC FACTORS 62
4.1.3 SOCIAL FACTORS 62
4.1.4 TECHNOLOGICAL FACTORS 62
4.1.5 LEGAL FACTORS 62
4.1.6 ENVIRONMENTAL FACTORS 63
4.2 PORTERS FIVE FORCES: 64
4.2.1 THREAT OF NEW ENTRANTS 64
4.2.2 THREAT OF SUBSTITUTES 65
4.2.3 CUSTOMER BARGAINING POWER 66
4.2.4 SUPPLIER BARGAINING POWER 66
4.2.5 INTERNAL COMPETITION (RIVALRY) 67
4.3 CLIMATE CHANGE SCENARIO 68
4.3.1 ENVIRONMENTAL CONCERNS 68
4.3.2 INDUSTRY RESPONSE 68
4.3.3 GOVERNMENTS ROLE 68
4.3.4 ANALYST RECOMMENDATION 68
4.4 IMPORT-EXPORT ANALYSIS 69
4.5 SUPPLY CHAIN ANALYSIS 71
4.5.1 OVERVIEW 71
4.5.2 LOGISTIC COST SCENARIO 71
4.5.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 72
4.6 TECHNOLOGICAL INNOVATION 73
4.7 VENDOR SELECTION CRITERIA 74
4.8 PRICE ANALYSIS 76
4.9 PRODUCTION CAPACITY OUTLOOK 77
4.10 PRODUCTION CONSUMPTION ANALYSIS 78
4.11 RAW MATERIAL COVERAGE 79
5 REGULATION COVERAGE 80
6 MARKET OVERVIEW 82
6.1 DRIVERS 84
6.1.1 RISING DEMAND IN THE PAINT AND COATING INDUSTRY 84
6.1.2 GROWING DISPOSABLE INCOME AND LIFESTYLE OF CONSUMERS 84
6.1.3 HIGH-QUALITY PROPERTIES AND COMPATIBILITY OF THE ALKYD RESIN WITH A WIDE RANGE OF POLYMERS 85
6.1.4 GROWING URBANIZATION IN THE DEVELOPING COUNTRIES 86
6.2 RESTRAINTS 86
6.2.1 GROWING AWARENESS OF THE HARMFUL IMPACT OF ALKYD RESINS 86
6.2.2 AVAILABILITY OF SUBSTITUTES 87
6.3 OPPORTUNITIES 88
6.3.1 GROWING DEMAND FOR SUSTAINABLE COATING IN THE MARKET 88
6.3.2 THE CONTINUOUS PRODUCT LAUNCHES BY COMPANIES BOOST THE MARKET GROWTH 88
6.4 CHALLENGE 89
6.4.1 THE FLUCTUATING PRICE OF RAW MATERIALS LEADS TO CHANGES IN THE MANUFACTURING COST OF ALKYD RESINS 89
7 EUROPE ALKYD RESIN MARKET, BY REGION 90
7.1 EUROPE 91
7.1.1 GERMANY 100
7.1.2 U.K. 103
7.1.3 FRANCE 106
7.1.4 ITALY 109
7.1.5 SPAIN 112
7.1.6 RUSSIA 115
7.1.7 TURKEY 118
7.1.8 BELGIUM 121
7.1.9 NETHERLANDS 124
7.1.10 SWEDEN 127
7.1.11 SWITZERLAND 130
7.1.12 NORWAY 133
7.1.13 DENMARK 136
7.1.14 FINLAND 139
7.1.15 REST OF EUROPE 142
8 EUROPE ALKYD RESIN MARKET, COMPANY LANDSCAPE 143
8.1 COMPANY SHARE ANALYSIS: EUROPE 143
8.2 ACQUISITION 144
8.3 NEW LAUNCHES 144
8.4 RECOGNITION 144
8.5 NEW PLANT 145
9 COMPANY PROFILES 146
9.1 ARKEMA 146
9.1.1 COMPANY SNAPSHOT 146
9.1.2 REVENUE ANALYSIS 146
9.1.3 COMPANY SHARE ANALYSIS 147
9.1.4 PRODUCT PORTFOLIO 147
9.1.5 SWOT 148
9.1.6 RECENT DEVELOPMENTS 149
9.2 BASF SE (2022) 150
9.2.1 COMPANY SNAPSHOT 150
9.2.2 REVENUE ANALYSIS 150
9.2.3 COMPANY SHARE ANALYSIS 151
9.2.4 PRODUCT PORTFOLIO 151
9.2.5 SWOT 152
9.2.6 RECENT DEVELOPMENTS 152
9.3 ALLNEX GMBH 153
9.3.1 COMPANY SNAPSHOT 153
9.3.2 COMPANY SHARE ANALYSIS 153
9.3.3 PRODUCT PORTFOLIO 154
9.3.4 SWOT 154
9.3.5 RECENT DEVELOPMENTS 154
9.4 ETERNAL MATERIALS CO.,LTD. (2022) 155
9.4.1 COMPANY SNAPSHOT 155
9.4.2 REVENUE ANALYSIS 155
9.4.3 COMPANY SHARE ANALYSIS 156
9.4.4 PRODUCT PORTFOLIO 156
9.4.5 SWOT 157
9.4.6 RECENT DEVELOPMENT 157
9.5 OPC POLYMERS 158
9.5.1 COMPANY SNAPSHOT 158
9.5.2 COMPANY SHARE ANALYSIS 158
9.5.3 PRODUCT PORTFOLIO 159
9.5.4 SWOT ANALYSIS 160
9.5.5 RECENT DEVELOPMENTS 160
9.6 ARAKAWA CHEMICAL INDUSTRIES,LTD. (2022) 161
9.6.1 COMPANY SNAPSHOT 161
9.6.2 REVENUE ANALYSIS 161
9.6.3 PRODUCT PORTFOLIO 162
9.6.4 SWOT 163
9.6.5 RECENT DEVELOPMENTS 163
9.7 COVESTRO AG 164
9.7.1 COMPANY SNAPSHOT 164
9.7.2 REVENUE ANALYSIS 164
9.7.3 COMPANY SHARE ANALYSIS 165
9.7.4 PRODUCT PORTFOLIO 165
9.7.5 SWOT ANALYSIS 166
9.7.6 RECENT DEVELOPMENT 166
9.8 D.S.V CHEMCIALS PVT LTD 167
9.8.1 COMPANY SNAPSHOT 167
9.8.2 PRODUCT PORTFOLIO 167
9.8.3 SWOT 168
9.8.4 RECENT DEVELOPMENTS 168
9.9 GIRDHARI CHEMICALS & RESINS PVT.LTD. 169
9.9.1 COMPANY SNAPSHOT 169
9.9.2 PRODUCT PORTFOLIO 169
9.9.3 SWOT 170
9.9.4 RECENT DEVELOPMENTS 170
9.10 HEMPEL A/S 171
9.10.1 COMPANY SNAPSHOT 171
9.10.2 PRODUCT PORTFOLIO 171
9.10.3 SWOT ANALYSIS 172
9.10.4 RECENT DEVELOPMENT 172
9.11 KRISHNA RESINS & PIGMENTS PVT. LTD. 173
9.11.1 COMPANY SNAPSHOT 173
9.11.2 PRODUCT PORTFOLIO 173
9.11.3 SWOT 174
9.11.4 RECENT DEVELOPMENTS 174
9.12 MACRO POLYMERS 175
9.12.1 COMPANY SNAPSHOT 175
9.12.2 PRODUCT PORTFOLIO 175
9.12.3 SWOT 176
9.12.4 RECENT DEVELOPMENTS 176
9.13 MANCUSO CHEMICALS LIMITED 177
9.13.1 COMPANY SNAPSHOT 177
9.13.2 PRODUCT PORTFOLIO 177
9.13.3 SWOT 178
9.13.4 RECENT DEVELOPMENT 178
9.14 NEO-PACK PLAST 179
9.14.1 COMPANY SNAPSHOT 179
9.14.2 PRODUCT PORTFOLIO 179
9.14.3 SWOT ANALYSIS 180
9.14.4 RECENT DEVELOPMENTS 180
9.15 NORD COMPOSITES ITALIA SRL 181
9.15.1 COMPANY SNAPSHOT 181
9.15.2 PRODUCT PORTFOLIO 181
9.15.3 SWOT 182
9.15.4 RECENT DEVELOPMENTS 182
9.16 POLYNT SPA 183
9.16.1 COMPANY SNAPSHOT 183
9.16.2 PRODUCT PORTFOLIO 183
9.16.3 SWOT ANALYSIS 185
9.16.4 RECENT DEVELOPMENT 185
9.17 RATNAKA RESINS PVT.LTD. 186
9.17.1 COMPANY SNAPSHOT 186
9.17.2 PRODUCT PORTFOLIO 186
9.17.3 SWOT ANALYSIS 187
9.17.4 RECENT DEVELOPMENTS 187
9.18 SPOLEK PRO CHEMICKOU A HUTN VROBU, AKCIOV SPOLENOST 188
9.18.1 COMPANY SNAPSHOT 188
9.18.2 PRODUCT PORTFOLIO 188
9.18.3 SWOT 189
9.18.4 RECENT DEVELOPMENTT 189
9.19 SYNTHOPOL 190
9.19.1 COMPANY SNAPSHOT 190
9.19.2 PRODUCT PORTFOLIO 190
9.19.3 SWOT ANALYSIS 191
9.19.4 RECENT DEVELOPMENT 191
9.20 UNIFORM SYNTHETICS 192
9.20.1 COMPANY SNAPSHOT 192
9.20.2 PRODUCT PORTFOLIO 192
9.20.3 SWOT ANALYSIS 193
9.20.4 RECENT DEVELOPMENTS 193
9.21 US POLYMERS-ACCUREZ, LLC 194
9.21.1 COMPANY SNAPSHOT 194
9.21.2 PRODUCT PORTFOLIO 194
9.21.3 SWOT 195
9.21.4 RECENT DEVELOPMENT 195
10 QUESTIONNAIRE 196
11 RELATED REPORTS 199