Epoxy curing agent News The application fields of alkyd resin are gradually expanding and the market size is growing.

The application fields of alkyd resin are gradually expanding and the market size is growing.

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The application fields of alkyd resin are gradually broadening and the market size is growing

Alkyd resin is one of the subcategories of synthetic resin. It is mainly an oil-modified polyester resin formed by the condensation polymerization of polyol, phthalic anhydride and fatty acid or oil (glycerol triglyceride). It appears as a transparent or translucent, yellow to brown liquid under pressure, with good viscosity and solubility. With the continuous advancement of production technology, the types of alkyd resins are increasing day by day, with various classification methods according to different classification standards. According to different types of oils, alkyd resins can be subdivided into natural oil types, synthetic oil types, etc.; according to different basic ingredients, alkyd resins can be subdivided into phthalic acid type, oleic acid type, tartaric acid type, etc.

At present, the application fields of alkyd resins are gradually broadening, and they are widely used in coatings, ships, adhesives, construction, electronics and other fields. Among them, coatings have become the largest application field of alkyd resins. In recent years, my country’s real estate has been over-developed and the market supply has exceeded demand, resulting in an oversupply of housing. Coupled with the impact of the epidemic, residents’ willingness to buy houses has gradually weakened. Therefore, the real estate market has shown a trend of gradual shrinkage. As one of the ancillary industries of real estate, the market demand for coatings has gradually declined. According to data released by the China Coatings Industry Association, in 2022, the total output of enterprises in my country’s coatings industry will be approximately 34.88 million tons, a year-on-year decrease of 8.5%. Alkyd resin is an important raw material for the production of coatings, and its market has been affected to a certain extent.

According to the “China Alkyd Resin Industry Brand Market Structure and Competitors Field Investigation Report 2023-2027” released by the Industrial Research Center , at this stage, my country’s environmental protection requirements are gradually becoming stricter, pushing the coating industry to gradually develop in the direction of non-pollution and environmental protection. The market penetration rate of environmentally friendly coatings such as water-based alkyd resins is gradually increasing, and the demand for alkyd resins is gradually increasing. Coupled with the gradual advancement of science and technology, alkyd resin production technology continues to advance, its performance is getting better and better, and its application fields are gradually broadened, driving its market demand to further increase. Against this background, my country’s alkyd resin market has shown a steady growth trend. In 2022, my country’s alkyd resin market size will be 37.83 billion yuan, a year-on-year increase of 14.1%.

Industry analysts said that at present, my country’s alkyd resin market is relatively low-concentration, with a large number of companies, and stable competition has not yet formed. pattern. The largest alkyd resin companies in my country mainly include Zhuoyue Xinneng, Yuanbang Chemical, Jiangying Chemical, Sanmu Group, Zhuoyue Xinneng, Dachang Resin, Changxing Biotech, Ruiyang Chemical, etc. In addition, there are many small and medium-sized enterprises in my country’s alkyd resin market. Such enterprises have small industrial scale, relatively backward production technology, relatively low product quality, and small market share. As my country’s large alkyd resin enterprises gradually expand, the living space of small and medium-sized enterprises is gradually squeezed. They may be annexed or disappear in the future, and their market concentration is expected to be enhanced.

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