Alkyd Resin Market Size – Global Analysis, Size, Growth, Trends Forecast 2022
The alkyd resin market is projected to grow rapidly, witnessing the rising consumption of paints & coating materials worldwide. Besides, factors such as the spurting growth in building & construction, automotive, and furniture sectors would act as a significant tailwind, driving the paint & coatings demand. Moreover, advances in coating technologies are predicted to escalate the market to furthered height. According to Market Research Future (MRFR), the global Alkyd Resin Market Size is estimated to create a valuation of USD 3,257.7 million by 2030, growing at 3.32% CAGR during the review period (2020 – 2030). Sharp increase in the construction and automotive sectors over recent years, alongside the rising global economy, would bolster the market growth. Also, recent developments, such as the emergence of antivirus surface coatings, are expected to benefit the market growth. Such products designed to support communities during Coronav...