Alkyd resin is a complex polyester which is oil-modified and behaves as a film-forming agent in paints and clear coatings. They are made by reaction of dibasic acid or its anhydrides with drying oil and polyols. They are primarily used to make protective coatings owing to their advanced weather resistance capabilities. Moreover, alkyd resins could be formulated with several coating polymers to enhance their application properties.

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By geography, Asia Pacific is going to have high growth during the forecast period which could be attributed to the rapid industrialization and urbanization. Moreover, growing importance of digital color solution and rising passenger car sales are expected to influence the growth of the market in the region.

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Some of the key players profiled in the Alkyd Resin Market include Aekyung Chemical, Arakawa Chemical Industries,Ltd, BASF SE, D.S.V Chemicals Pvt Ltd., DIC Corporation, DowDuPont Inc., Macro Polymers, Mancuso Chemicals Limited, Nord Composites, Polynt SpA, Qualipoly Chemical Corp, SANMU Group, Shanghai Yoo-Pont Chemical Industry Co., Ltd, Spolchemie and Yip's Chemical Holdings Limited.

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