Eco-Friendly Alkyd Resin Market
Eco-Friendly Alkyd Resin Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Eco-Friendly Alkyd Resin Market Size and Growth
The eco-friendly alkyd resin market is experiencing significant growth due to increasing demand for sustainable products. Market research reports indicate a rising market size of over $1.5 billion by 2025. This growth is driven by growing awareness of environmental concerns and regulatory pressure on reducing VOC emissions in various industries.
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Companies Covered (Covid 19 Impact Covered)
◍ PPG
◍ Eternal
◍ Perstorp Group
◍ Valspar
◍ Nuplex Industries
◍ ALFA KIMYA
◍ Nycil
◍ Allnex
◍ Endmoun
◍ OPC POLYMERS
The competitive landscape of the eco-friendly alkyd resin market includes key players such as PPG, Eternal, Perstorp Group, Valspar, Nuplex Industries, ALFA KIMYA, Nycil, Allnex, Endmoun, and OPC POLYMERS. These companies utilize eco-friendly alkyd resin to meet the increasing demand for sustainable coatings and paints. Some sales revenue figures:
- PPG: $15 billion
- Eternal: $2.5 billion
- Perstorp Group: $1.5 billion
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Market Segmentation
By Application
◍ Online Sales
◍ Offline Sales
By Product
◍ Long Oil Alkyd (LOA) Containing 56% Fatty Acids
◍ Medium Oil Alkyd (MOA)
Containing 46-55% Fatty Acids
◍ Short Oil Alkyd (SOA) Containing Less Than 35-45% Fatty Acids
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Market Growth
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$ X Billion USD
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