Alkyd Resin Market Analysis APAC, Europe, North America, Middle East and Africa, South America - US, China, Japan, Germany, France - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 176 SKU: IRTNTR41319

Alkyd Resin Market 2024-2028

The Alkyd Resin Market size is forecast to increase by USD 9.2 billion, at a CAGR of 7.32% between 2023 and 2028. 

The growth rate of the market depends on several factors, including the superior properties of alkyd resins, the increasing demand for paints and coatings, and the growing demand for alkyd resins in the construction industry. It also includes an in-depth analysis of drivers, trends, and challenges. Our report examines historical data from 2018 - 2022, besides analyzing the current market scenario.

What will be the Market Size During the Forecast Period?

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Market Definition 

Alkyd resins are polyester resins produced by heating polyhydric alcohols with polybasic acids/anhydrides. Alkyd resins are the key ingredients used in paints and coating compositions. Alkyd resins are used as protective coatings owing to good compatibility, weathering properties, and low cost in various applications.

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Market Key Drivers, Trends, Challenges

 Key Market Growth Analysis Driver

One of the key factors driving the market growth is the superior properties of alkyd resins. Alkyd resins are thermoplastic polyester resins manufactured by heating polyhydric alcohols with polybasic acids or their anhydrides. In addition, alkyd resins are used in manufacturing protective coatings, given their good weathering properties. Furthermore, these resins are the most important ingredients that go into manufacturing synthetic paints due to their versatility and low cost.

Moreover, an important attribute of alkyd resins is their compatibility with many other coating polymers. For example, vinyl resins, i.e., copolymers of vinyl chloride and vinyl acetate, which contain hydroxyl groups, can be formulated with alkyd resins to enhance their application properties, including adhesion. Hence, such factors are driving the market growth during the forecast period.

Significant  Market Trends and Analysis

A key factor shaping the market growth is the growing product utilization in automotive manufacturing. The global automotive industry is increasing at a moderate rate during the forecast period. In addition, this has cranked up demand for alkyd resins as they are used in automotive paints and coatings. Furthermore, these resins exhibit superior properties such as good initial gloss, strength, and excellent gloss retention, even in harsh climatic conditions.

Moreover, the rising demand for alkyd resins through paints and coatings in the automotive industry will drive the growth of the global market. In addition, the rising promotion of electric vehicles (EVs) by governments by providing tax benefits has resulted in an increase in the demand for EVs. Hence, such factors are driving the market growth during the forecast period.

Major Challenge

Availability of other substitutes is one of the key challenges hindering the market growth. Alkyd resins are increasingly utilized to coat raw materials in applications such as architecture, industrial, automotive, and other sectors. In addition, alkyd resins comprise one of the largest segments in the resins category. Furthermore, there are other resins that can be used in the applications mentioned above.

Moreover, they are acrylic, urethane, epoxy, and other resins. In addition, these resins are also used in applications such as architectural, automotive, industrial, consumer goods, and printing. Furthermore, as the properties of these resins are similar to alkyd resins, it has led to an increase in their consumption. Increasing demand for acrylic, urethane, epoxy, and other resins will negatively impact the market. Hence, it is hindering the market growth during the forecast period.

Segmentation by Application, Type, and Geography

The report offers extensive research analysis on the market, with a categorization based on Application, including architectural, industrial, automotive, and others. It further segments the market by Type, encompassing fatty acid process and glyceride process. Additionally, the report provides Region segmentation, covering APAC, Europe, North America, the Middle East and Africa, and South America. Market size, historical data (2018-2022), and future projections are presented in terms of value (in USD billion) for all the mentioned segments.

Application Analysis 

The architectural segment is estimated to witness significant growth during the forecast period. For various architectural applications, alkyd resins are used in architectural coatings that are utilized in commercial and residential buildings. In addition, they protect buildings from elements such as moisture, ultraviolet radiation (UV) radiation, and microbes. Furthermore, paints, primers, lacquers, varnishes, and stains are some of the major types of architectural coating products that are formulated using alkyd resins.

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The architectural segment was the largest segment and was valued at USD 6.33 billion in 2018. Moreover, the low VOC content in these coatings has led to their high adoption in developed regions such as the US, the UK, and Germany, where stringent regulations encourage low emission levels. In addition, an increasing number of consumers in these regions are focusing on remodeling their houses in a sustainable way, thereby contributing to a higher demand for eco-friendly alkyd resins. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Type Analysis 

Based on the type, the market has been segmented into fatty acid process and glyceride process. The fatty acid process segment will account for the largest share of this segment. Fatty acids play a crucial role in the formulation and synthesis of alkyd resins, contributing to the overall versatility and performance of these resins in various end-use sectors. In addition, fatty acid processes play an important role in the synthesis of alkyd resin. Moreover, they play a critical role in the condensation reaction, during which glycerol is used in the synthesis process. Furthermore, the type of fatty acid used has a significant impact on the properties of the alkyd resin obtained. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Region Analysis

APAC is estimated to contribute 50% to the growth of the global market during the projection period. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the projection period.

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The APAC region is the biggest market in terms of consumption of alkyd resins. In addition, rapid industrialization, a growing construction industry, and the burgeoning automotive industry, especially in countries such as China, Malaysia, Indonesia, Vietnam, Japan, South Korea, and India, will boost demand for alkyd resins in the region. Moreover, in countries such as India and China, the growing construction industry will drive demand for alkyd resins. In addition, increasing railway networks in India and China will also boost the consumption of alkyd resins during the forecast period. Furthermore, alkyd resins are used in waterborne coatings and applied on the surface of railway tracks, locomotives, and various industrial equipment to prevent corrosion and chemical attacks. Hence, such factors are driving the market growth in APAC during the forecast period.

Key Companies

Companies are implementing various market growth and forecasting strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches, to enhance their presence in the market.

Allnex GMBH: The company offers alkyd resin such as Devlac 1437 premium traditional gloss alkyd enamel that delivers high film build, high solids, low VOC, and a reasonable dry time.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including: 

Arakawa Chemical Industries Co. Ltd., Arkema Group, BASF SE, Bayer AG, Evonik Industries AG, Matapel Chemicals, MEGARA RESINS SA, Mitsui Chemicals Inc, OPC Polymers, Polynt Spa, PPG Industries Inc., Solvay SA, Synpol Products Pvt. Ltd., Synthomer Plc, Synthopol Chemie Dr. rer. pol. Koch GmbH and Co. KG, Wacker Chemie AG, Akzo Nobel NV, Uniform Synthetics Pvt. Ltd., and Worlee Chemie GmbH

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report predicts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Application Outlook 
    • Architectural
    • Industrial
    • Automotive
    • Others
  • Type Outlook
    • Fatty acid process
    • Glyceride process
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market is witnessing significant growth driven by the expanding Paint and Coating Industry. Alkyd resins, derived from synthetic resin and dibasic acid, find applications in the formulation of weather-resistant protective coatings known for their high-quality properties. The market is particularly influenced by urbanization trends, especially in developing countries. The harmful impact of traditional coatings has led to a surge in demand for sustainable coating solutions, prompting continuous product launches and recent developments in the industry. Fluctuating prices remain a concern, driving the market to explore innovative solutions. Notably, organizations like the Carbon Disclosure Project (CDP) play a pivotal role in assessing and promoting sustainable practices within the Alkyd Resin Market. As the industry strives for eco-friendly and high-performance coatings, the market is poised for further advancements and growth.

Alkyd Resin Market Scope

Report Coverage

Details

Page number

176

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.32%

Market Growth 2024-2028

USD 9.2 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

5.94

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 50%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Allnex GMBH, Arakawa Chemical Industries Co. Ltd., Arkema Group, BASF SE, Bayer AG, Evonik Industries AG, Matapel Chemicals, MEGARA RESINS SA, Mitsui Chemicals Inc, OPC Polymers, Polynt Spa, PPG Industries Inc., Solvay SA, Synpol Products Pvt. Ltd., Synthomer Plc, Synthopol Chemie Dr. rer. pol. Koch GmbH and Co. KG, Wacker Chemie AG, Akzo Nobel NV, Uniform Synthetics Pvt. Ltd., and Worlee Chemie GmbH

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Alkyd Resin Market Research Report?

  • CAGR of the market forecast during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2028
  • Precise estimation of the market  size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market growth and trends and changes in consumer behavior
  • Growth of the market across APAC, Europe, North America, Middle East and Africa, and South America
  • Thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global alkyd resin market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global alkyd resin market 2018 - 2022 ($ billion)
    • 4.2 Application Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Architectural - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Architectural - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Architectural - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Architectural - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Architectural - Year-over-year growth 2023-2028 (%)
    • 6.4 Industrial - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Industrial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Industrial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Industrial - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Industrial - Year-over-year growth 2023-2028 (%)
    • 6.5 Automotive - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Automotive - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Automotive - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Automotive - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Automotive - Year-over-year growth 2023-2028 (%)
    • 6.6 Others - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.7 Market opportunity by Application
      • Exhibit 50: Market opportunity by Application ($ billion)
      • Exhibit 51: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 52: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 53: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 54: Chart on Comparison by Type
      • Exhibit 55: Data Table on Comparison by Type
    • 7.3 Fatty acid process - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Fatty acid process - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Fatty acid process - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Fatty acid process - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Fatty acid process - Year-over-year growth 2023-2028 (%)
    • 7.4 Glyceride process - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Glyceride process - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Glyceride process - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Glyceride process - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Glyceride process - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 64: Market opportunity by Type ($ billion)
      • Exhibit 65: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 US - Market size and forecast 2023-2028
      • Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.10 Japan - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.11 Germany - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.12 France - Market size and forecast 2023-2028
      • Exhibit 107: Chart on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ billion)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Akzo Nobel NV
              • Exhibit 119: Akzo Nobel NV - Overview
              • Exhibit 120: Akzo Nobel NV - Business segments
              • Exhibit 121: Akzo Nobel NV - Key news
              • Exhibit 122: Akzo Nobel NV - Key offerings
              • Exhibit 123: Akzo Nobel NV - Segment focus
            • 12.4 Arakawa Chemical Industries Co. Ltd.
              • Exhibit 124: Arakawa Chemical Industries Co. Ltd. - Overview
              • Exhibit 125: Arakawa Chemical Industries Co. Ltd. - Business segments
              • Exhibit 126: Arakawa Chemical Industries Co. Ltd. - Key offerings
              • Exhibit 127: Arakawa Chemical Industries Co. Ltd. - Segment focus
            • 12.5 Arkema Group
              • Exhibit 128: Arkema Group - Overview
              • Exhibit 129: Arkema Group - Business segments
              • Exhibit 130: Arkema Group - Key news
              • Exhibit 131: Arkema Group - Key offerings
              • Exhibit 132: Arkema Group - Segment focus
            • 12.6 BASF SE
              • Exhibit 133: BASF SE - Overview
              • Exhibit 134: BASF SE - Business segments
              • Exhibit 135: BASF SE - Key news
              • Exhibit 136: BASF SE - Key offerings
              • Exhibit 137: BASF SE - Segment focus
            • 12.7 Bayer AG
              • Exhibit 138: Bayer AG - Overview
              • Exhibit 139: Bayer AG - Business segments
              • Exhibit 140: Bayer AG - Key news
              • Exhibit 141: Bayer AG - Key offerings
              • Exhibit 142: Bayer AG - Segment focus
            • 12.8 Evonik Industries AG
              • Exhibit 143: Evonik Industries AG - Overview
              • Exhibit 144: Evonik Industries AG - Business segments
              • Exhibit 145: Evonik Industries AG - Key news
              • Exhibit 146: Evonik Industries AG - Key offerings
              • Exhibit 147: Evonik Industries AG - Segment focus
            • 12.9 Matapel Chemicals
              • Exhibit 148: Matapel Chemicals - Overview
              • Exhibit 149: Matapel Chemicals - Product / Service
              • Exhibit 150: Matapel Chemicals - Key offerings
            • 12.10 Mitsui Chemicals Inc
              • Exhibit 151: Mitsui Chemicals Inc - Overview
              • Exhibit 152: Mitsui Chemicals Inc - Business segments
              • Exhibit 153: Mitsui Chemicals Inc - Key offerings
              • Exhibit 154: Mitsui Chemicals Inc - Segment focus
            • 12.11 Polynt Spa
              • Exhibit 155: Polynt Spa - Overview
              • Exhibit 156: Polynt Spa - Product / Service
              • Exhibit 157: Polynt Spa - Key offerings
            • 12.12 PPG Industries Inc.
              • Exhibit 158: PPG Industries Inc. - Overview
              • Exhibit 159: PPG Industries Inc. - Business segments
              • Exhibit 160: PPG Industries Inc. - Key offerings
              • Exhibit 161: PPG Industries Inc. - Segment focus
            • 12.13 Solvay SA
              • Exhibit 162: Solvay SA - Overview
              • Exhibit 163: Solvay SA - Business segments
              • Exhibit 164: Solvay SA - Key news
              • Exhibit 165: Solvay SA - Key offerings
              • Exhibit 166: Solvay SA - Segment focus
            • 12.14 Synthomer Plc
              • Exhibit 167: Synthomer Plc - Overview
              • Exhibit 168: Synthomer Plc - Business segments
              • Exhibit 169: Synthomer Plc - Key offerings
              • Exhibit 170: Synthomer Plc - Segment focus
            • 12.15 Synthopol Chemie Dr. rer. pol. Koch GmbH and Co. KG
              • Exhibit 171: Synthopol Chemie Dr. rer. pol. Koch GmbH and Co. KG - Overview
              • Exhibit 172: Synthopol Chemie Dr. rer. pol. Koch GmbH and Co. KG - Key offerings
            • 12.16 Uniform Synthetics Pvt. Ltd.
              • Exhibit 173: Uniform Synthetics Pvt. Ltd. - Overview
              • Exhibit 174: Uniform Synthetics Pvt. Ltd. - Product / Service
              • Exhibit 175: Uniform Synthetics Pvt. Ltd. - Key offerings
            • 12.17 Wacker Chemie AG
              • Exhibit 176: Wacker Chemie AG - Overview
              • Exhibit 177: Wacker Chemie AG - Business segments
              • Exhibit 178: Wacker Chemie AG - Key offerings
              • Exhibit 179: Wacker Chemie AG - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 180: Inclusions checklist
                • Exhibit 181: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 182: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 183: Research methodology
                • Exhibit 184: Validation techniques employed for market sizing
                • Exhibit 185: Information sources
              • 13.5 List of abbreviations
                • Exhibit 186: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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