Alkyd Resin Global Market Report 2026

Alkyd resin is a synthetic polyester resin created from polyols (such as glycerol), dibasic acids (like phthalic anhydride), and fatty acids (often derived from natural oils). It is widely used in paints, coatings, and varnishes due to its excellent durability, adhesion, and gloss retention. Alkyd resins can be modified to adjust their properties, such as drying time and hardness, and they are primarily oil-based, curing through a reaction with oxygen in the air.

The main types of alkyd resins include oil-based, modified, and water-reducible formulations, among others. Oil-based alkyd resins are synthetic materials made from oil, alcohol, and acid, valued in paints and coatings for their durability and flexibility. They encompass various types, including non-drying, drying, and semi-drying alkyd resins, with different formulations such as high-solids alkyds, waterborne alkyds, modifying alkyds, solvent-borne coatings, and powder coatings. These resins are utilized in various applications, including coil coatings, electrical insulating enamels, maintenance paints, automotive refinishing primers, exterior trim paints, and packaging. They serve a wide range of end users, including the automotive, architectural, marine, food and beverage, and appliance industries.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have impacted the alkyd resin market by increasing costs of imported fatty acids, polyols, and chemical intermediates used in resin production, leading to pricing pressure for paints and coatings manufacturers. These impacts are most visible in oil based and solvent borne alkyd segments, particularly across asia pacific and europe due to strong reliance on cross border chemical supply chains. Automotive refinishing, industrial maintenance, and metal container coating applications face margin constraints from elevated input costs. At the same time, tariffs are encouraging local sourcing, regional manufacturing expansion, and accelerated development of waterborne and high solids alkyd alternatives.

The alkyd resin market research report is one of a series of new reports from The Business Research Company that provides alkyd resin market statistics, including alkyd resin industry global market size, regional shares, competitors with a alkyd resin market share, detailed alkyd resin market segments, market trends and opportunities, and any further data you may need to thrive in the alkyd resin industry. This alkyd resin market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The alkyd resin market size has grown strongly in recent years. It will grow from $26.41 billion in 2025 to $28.32 billion in 2026 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to growth in oil based paints demand, widespread architectural coatings usage, cost effectiveness compared to alternative resins, strong demand for high gloss finishes, long standing use in metal and wood protection.

The alkyd resin market size is expected to see strong growth in the next few years. It will grow to $37.46 billion in 2030 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to transition toward eco friendly coatings, increasing adoption of water reducible alkyds, rising infrastructure development activities, growth in automotive refinishing applications, advancements in alkyd resin modification technologies. Major trends in the forecast period include low voc alkyd formulations, shift toward waterborne alkyd resins, rising demand for high durability industrial coatings, increased use in maintenance and protective paints, growing adoption of modified alkyd resins.

The expanding automotive industry is projected to drive the growth of the alkyd resin market in the upcoming years. The automotive industry encompasses the design, manufacturing, and sale of motor vehicles, such as cars, trucks, and motorcycles. This sector is experiencing growth due to the increasing demand for electric vehicles (EVs), as consumers increasingly seek eco-friendly transportation options supported by government incentives. Alkyd resins play a crucial role in the automotive sector due to their exceptional durability and high-gloss finish, which provide long-lasting protection and an attractive appearance for vehicles. For example, in July 2023, the Society of Motor Manufacturers and Traders, a UK-based trade association, reported an 11.7% increase in British car production during the first half of 2023, totaling 450,168 units. Additionally, production of plug-in hybrid (PHEV) and battery electric vehicles (BEVs) surged by 71.6% to reach a record 170,231 units as of June, marking five consecutive months of growth. Thus, the growth of the automotive industry is significantly boosting the alkyd resin market.

Key players in the alkyd resin market are focusing on developing innovative solutions, such as bio-based alkyd resins, to improve product performance while reducing environmental impact. Bio-based alkyd resins are derived from renewable plant-based resources, providing a sustainable alternative to traditional petroleum-based resins without sacrificing performance. For instance, in March 2023, Groupe Berkem, a French chemical manufacturing company, introduced a new line of 100% bio-based alkyd resins aimed at the construction paints market, produced by its subsidiary Lixol. These innovative resins are made entirely from renewable materials, such as vegetable oils and bio-based solvents, eliminating petroleum-derived components. This formulation addresses environmental concerns associated with conventional chemical products while offering performance characteristics comparable to traditional alkyds, including durability, good drying performance, long-lasting hardness, and resistance to aging.

In June 2023, Groupe Berkem, a France-based provider of bio-based chemicals and resin technologies, entered into a joint venture agreement with Groupe Dolidol for an undisclosed amount. Through this joint venture, the partners aim to expand alkyd resin supply capacity across French-speaking West Africa and neighboring markets, diversifying regional sourcing and strengthening supply chain resilience for coatings manufacturers. Groupe Dolidol is an Africa-based company specializing in polyurethane foam, bedding, and industrial joinery materials, offering local industrial and distribution capabilities to support the new alkyd resin facility.

Major companies operating in the alkyd resin market are Polynt SpA, Synthopol Chemie Dr. rer. pol. Koch GmbH & Co. KG, Synthesia a.s., DIC Corporation, Arkema SA, Allnex Belgium SA, DSM Coating Resins, Eternal Materials Co., Ltd., Chang Chun Group, Macro Polymers Pvt Ltd, Amura Polymers Pvt Ltd, Megara Resins, Uniform Synthetics, Krishna Resins and Pigments Pvt Ltd, Orson Resins and Coatings Pvt Ltd, Subham Oils and Resins Pvt Ltd, Berger Resins, Nuplex Industries Ltd, Hexion Inc., Reichhold LLC

Asia-Pacific was the largest region in the alkyd resin market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the alkyd resin market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the alkyd resin market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The alkyd resin market consists of sales of high solids alkyd resin, styrenated alkyd resin, amino alkyd resin, short oil alkyd resin, and long oil alkyd resin. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Alkyd Resin Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses alkyd resin market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for alkyd resin ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The alkyd resin market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Oil Based; Modified; Water Reducible; Other Types
• 2) By Resin Type: Non Drying Alkyd Resins; Drying Alkyd Resins; Semi Drying Alkyd Resins
• 3) By Formulation Type: High Solids Alkyds; Waterborne Alkyds; Modifying Alkyds; Solvent Borne Coatings; Other Formulation Types
• 4) By Application: Coil Coatings; Electrical Insulating Enamels; Maintenance Paint; Automotive Refinishing Primers; Exterior Trim Paints; Packaging; Drum And Metal Container Coating; Other Applications
• 5) By End Use: Automotive Industry; Architecture Industry; Marine Industry; Appliances; Other End Users
• Subsegments:
• 1) By Oil Based: Short Oil Alkyds; Medium Oil Alkyds; Long Oil Alkyds
• 2) By Modified: Soybean Oil Modified Alkyds; Linseed Oil Modified Alkyds; Unsaturated Polyester Modified Alkyds
• 3) By Water Reducible: Waterborne Alkyd Resins; Water-Dispersible Alkyds
• 4) By Other Types: High Solids Alkyds; Reactive Alkyds
• Companies Mentioned: Polynt SpA; Synthopol Chemie Dr. rer. pol. Koch GmbH & Co. KG; Synthesia a.s.; DIC Corporation; Arkema SA; Allnex Belgium SA; DSM Coating Resins; Eternal Materials Co., Ltd.; Chang Chun Group; Macro Polymers Pvt Ltd; Amura Polymers Pvt Ltd; Megara Resins; Uniform Synthetics; Krishna Resins and Pigments Pvt Ltd; Orson Resins and Coatings Pvt Ltd; Subham Oils and Resins Pvt Ltd; Berger Resins; Nuplex Industries Ltd; Hexion Inc.; Reichhold LLC
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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