변성 알키드 수지 시장 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the modified alkyd resin market size was estimated at USD 3.11 billion in 2025 and is estimated to grow from USD 3.21 billion in 2026 to USD 3.92 billion by 2031, at a CAGR of 4.08% during the forecast period (2026-2031).

This report is Segmented by Type (Acrylic, Silicone, and More), Technology (Solvent-Based, Water-Based, and More), Application (Coatings, Adhesives and Sealants, and More), End-User Industry (Building and Construction, Automotive, and More), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Global Modified Alkyd Resin Market Trends and Insights

Expansion of Low-VOC and Waterborne Coating Formulations

The modified alkyd resin market is shifting toward waterborne and low-VOC coatings as formulators respond to stricter product requirements. This transition is significant because traditional solvent-based products may face a smaller addressable customer base as coating specifications increasingly prioritize lower emissions. Waterborne alkyd dispersions have improved in gloss, adhesion, and corrosion resistance, addressing a long-standing performance concern among professional users. The American Coatings Association has described near-zero-VOC waterborne alkyd dispersions designed to deliver performance comparable to solventborne alkyds. Improved catalyst selection and resin design are helping coatings producers reduce the trade-off between drying performance and environmental objectives. Arkema positions its SYNAQUA 4804 waterborne alkyd emulsion for paints requiring bio-based content and lower-emission characteristics.

Growth of Construction and Infrastructure Coatings

Construction and infrastructure maintenance support steady consumption in the modified alkyd resin market, as steel, concrete, wood, and exterior trim require protective coatings. Alkyd-based formulations remain relevant where applicators value straightforward application, reliable adhesion, and established coating systems. New construction generates demand, while renovation activity also supports recurring coating purchases in mature economies. Low-odor and waterborne alkyd systems are relevant in renovation projects where indoor air quality and workplace conditions influence product selection. The modified alkyd resin market serves both decorative coatings and protective maintenance products, reducing reliance on any single construction activity. Demand from infrastructure programs also supports primers and maintenance coatings for transport assets, public buildings, and industrial facilities.

Volatility in Petrochemical and Vegetable-Oil Feedstock Prices

Feedstock price volatility constrains the modified alkyd resin market, as vegetable oils and petrochemical intermediates are essential components of many resin formulations. Changes in agricultural supply, biofuel demand, and petrochemical operating conditions make material purchasing less predictable. This exposure is greater for producers that lack scale, long-term supply arrangements, or backward integration. Formulators can respond by qualifying more than one source of vegetable oil or by introducing alternative renewable inputs. Waste cooking oil, recycled fats, and tall oil derivatives are potential options, although each requires reliable quality control. Research on waste cooking oil-derived alkyds illustrates why these pathways are receiving increased research attention.

Other drivers and restraints analyzed in the detailed report include:

1. Automotive Refinishing and Transportation Coating Demand
2. Demand for Corrosion-Resistant Industrial and Marine Coatings
3. VOC and Hazardous-Substance Compliance Costs

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Acrylic-modified grades held 28.71% of the modified alkyd resin market share in 2025. Their UV durability, color retention, and hard-film properties support use in exterior architectural coatings and industrial maintenance applications. These attributes are relevant in South and Southeast Asia, where coatings face frequent humidity fluctuations and strong sunlight. Hybrid emulsification approaches have improved stability and film formation consistency in waterborne alkyd systems. Acrylic modification provides formulators with an established route to improve weathering performance without fully abandoning alkyd chemistry. This positioning keeps acrylic grades relevant for surface protection applications where appearance and retention matter. The segment also benefits from broad familiarity among coatings formulators and applicators.

Urethane-modified grades are forecast to grow at a CAGR of 4.92% through 2031. They offer faster hardness development, abrasion resistance, and flexibility without requiring two-component mixing. These characteristics support infrastructure maintenance, automotive refinishing, and equipment coatings that require practical application methods. Silicone-modified grades remain useful in high-temperature applications such as engine casings and exhaust systems. Phenolic grades provide drying and chemical-resistance benefits for metal packaging and selected original-equipment finishes. Vinyl and polyamide modifications address printing inks and adhesion-focused uses. A study of bio-renewable furandicarboxylic acid (FDCA)-based alkyds found that greater unsaturation improved tack-free time and cross-linking, supporting continued work on bio-based performance hybrids.

Solvent-based systems held 54.33% of the modified alkyd resin market share in 2025. Their position reflects established use in exterior coatings, marine products, and industrial formulations where adhesion and corrosion resistance are important. Many applicators are familiar with how these systems behave across common substrates and site conditions. This familiarity remains valuable in maintenance work that requires dependable results and minimal changes to existing processes. Solvent-based products can also remain relevant in environments where humidity makes waterborne drying less consistent. The large installed base of compatible application practices supports continued demand during the forecast period. At the same time, the segment faces increasing pressure to reduce emissions and improve product stewardship.

Water-based technology is forecast to grow at a CAGR of 5.39% through 2031, the fastest pace among technology categories. Improved catalyst systems and resin design are helping formulators narrow the performance gap with solvent-based products. Borchers GmbH presents OXY-Coat 1101 as a catalyst technology intended to improve drying behavior and cleanability in waterborne alkyd coatings. High-solids alkyds provide another route for reducing solvent use while maintaining a thicker coating film per coat. Ultraviolet (UV)-curable systems serve specialty wood and industrial uses where fast cure is essential. Hybrid alkyd-polyurethane and alkyd-acrylic systems address projects that require single-component convenience with higher-performance properties. These alternatives expand the technology choices available in the modified alkyd resin market.

Complete Report Scope:

• By Type
  • Acrylic
  • Silicone
  • Urethane
  • Vinyl
  • Phenolic
  • Polyamide
  • Other Types
• By Technology
  • Solvent-Based
  • Water-Based
  • High-Solids
  • UV/Radiation-Curable
  • Hybrid Resin Systems
• By Application
  • Coatings
  • Adhesives and Sealants
  • Printing Inks
  • Composites
  • Electrical Insulating Coatings
  • Composites
  • Other Applications
• By End-User Industry
  • Building and Construction
  • Automotive
  • Industrial Equipment
  • Marine
  • Furniture and Wood Finishing
  • Electrical and Electronics
  • Consumer Goods
  • Other End-User Industries
• By Geography
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Russia
    • Rest of Europe
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle-East and Africa
    • Saudi Arabia
    • South Africa
    • Rest of Middle-East and Africa

Geography Analysis

Asia-Pacific held 43.88% of the modified alkyd resin market share in 2025 and grew at a CAGR of 4.77% through 2031. The region benefits from high construction activity, significant manufacturing capacity, demand for transportation repairs, and industrial maintenance needs. China is the largest regional consumption center, supported by architectural and industrial coating activity. India and Southeast Asian economies contribute demand from infrastructure development and industrial expansion. Japan and South Korea represent more mature markets with conventional demand, though specialty modified grades and waterborne systems offer opportunities for value growth. Across the region, suppliers must balance lower emission requirements with customer expectations for fast drying and consistent application.

North America and Europe represent the next major demand block for the modified alkyd resin market. North American demand is supported by renovation-related coatings, automotive refinish work, and a continued shift toward lower volatile organic compound (VOC) products. European customers place strong emphasis on product stewardship, lower-emission systems, and verified sustainability claims, making the region important for the development of waterborne, high-solids, and bio-based products. In mature markets, renovation and maintenance applications tend to take precedence over new construction. Suppliers that provide technical guidance and reliable documentation can strengthen their position with professional coatings customers. Both regions also serve as important testing grounds for new resin formulations before wider commercialization.

South America, the Middle-East, and Africa are smaller in current value but remain relevant to the modified alkyd resin market. Brazil supports demand for architectural coatings through housing and construction activity, while local feedstock conditions can influence formulation economics. In the Middle-East, large construction projects and industrial assets require coatings that protect steel and concrete surfaces. Parts of Africa also generate demand for durable products used in infrastructure renewal and industrial maintenance. High ultraviolet exposure, heat, salt, and humidity make corrosion protection and application reliability central to product selection. These conditions support continued demand for modified alkyds that offer practical application and cost-effective protection.

1. Allnex GMBH
2. Arakawa Chemical Industries,Ltd.
3. Arkema
4. Ciech Sarzyna S.A.
5. Covestro AG
6. D.S.V. Chemicals
7. Deltech Corporation
8. DIC Corporation
9. Eternal Materials Co., Ltd.
10. HELIOS RESINS
11. Macro Polymers
12. Polynt S.p.A.
13. Spolchemie a.s.
14. Synpol Products Private Limited
15. Synthomer plc
16. Uniform Synthetics

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Expansion of Low-VOC and Waterborne Coating Formulations
  • 4.2.2 Growth of Construction and Infrastructure Coatings
  • 4.2.3 Automotive Refinishing and Transportation Coating Demand
  • 4.2.4 Demand for Corrosion-Resistant Industrial and Marine Coatings
  • 4.2.5 Bio-Based Feedstock Adoption in Alkyd Resin Formulation
• 4.3 Market Restraints
  • 4.3.1 Volatility in Petrochemical and Vegetable-Oil Feedstock Prices
  • 4.3.2 VOC and Hazardous-Substance Compliance Costs
  • 4.3.3 Drying-Time and Reformulation Trade-Offs in Waterborne Systems
• 4.4 Value Chain Analysis
• 4.5 Porter's Five Forces Analysis
  • 4.5.1 Threat of New Entrants
  • 4.5.2 Bargaining Power of Suppliers
  • 4.5.3 Bargaining Power of Buyers
  • 4.5.4 Threat of Substitutes
  • 4.5.5 Competitive Rivalry

5 Market Size and Growth Forecasts (Value)

• 5.1 By Type
  • 5.1.1 Acrylic
  • 5.1.2 Silicone
  • 5.1.3 Urethane
  • 5.1.4 Vinyl
  • 5.1.5 Phenolic
  • 5.1.6 Polyamide
  • 5.1.7 Other Types
• 5.2 By Technology
  • 5.2.1 Solvent-Based
  • 5.2.2 Water-Based
  • 5.2.3 High-Solids
  • 5.2.4 UV/Radiation-Curable
  • 5.2.5 Hybrid Resin Systems
• 5.3 By Application
  • 5.3.1 Coatings
  • 5.3.2 Adhesives and Sealants
  • 5.3.3 Printing Inks
  • 5.3.4 Composites
  • 5.3.5 Electrical Insulating Coatings
  • 5.3.6 Composites
  • 5.3.7 Other Applications
• 5.4 By End-User Industry
  • 5.4.1 Building and Construction
  • 5.4.2 Automotive
  • 5.4.3 Industrial Equipment
  • 5.4.4 Marine
  • 5.4.5 Furniture and Wood Finishing
  • 5.4.6 Electrical and Electronics
  • 5.4.7 Consumer Goods
  • 5.4.8 Other End-User Industries
• 5.5 By Geography
  • 5.5.1 Asia-Pacific
    • 5.5.1.1 China
    • 5.5.1.2 India
    • 5.5.1.3 Japan
    • 5.5.1.4 South Korea
    • 5.5.1.5 Rest of Asia-Pacific
  • 5.5.2 North America
    • 5.5.2.1 United States
    • 5.5.2.2 Canada
    • 5.5.2.3 Mexico
  • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Russia
    • 5.5.3.6 Rest of Europe
  • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
  • 5.5.5 Middle-East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 South Africa
    • 5.5.5.3 Rest of Middle-East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share (%)/Ranking Analysis
• 6.4 Company Profiles (includes Global Overview, Market Overview, Core Segments, Financials as available, Strategic Information, Products and Services, and Recent Developments)
  • 6.4.1 Allnex GMBH
  • 6.4.2 Arakawa Chemical Industries,Ltd.
  • 6.4.3 Arkema
  • 6.4.4 Ciech Sarzyna S.A.
  • 6.4.5 Covestro AG
  • 6.4.6 D.S.V. Chemicals
  • 6.4.7 Deltech Corporation
  • 6.4.8 DIC Corporation
  • 6.4.9 Eternal Materials Co., Ltd.
  • 6.4.10 HELIOS RESINS
  • 6.4.11 Macro Polymers
  • 6.4.12 Polynt S.p.A.
  • 6.4.13 Spolchemie a.s.
  • 6.4.14 Synpol Products Private Limited
  • 6.4.15 Synthomer plc
  • 6.4.16 Uniform Synthetics

7 Market Opportunities and Future Outlook

• 7.1 White-Space and Unmet-Need Assessment