Product Code: ETC233486 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Alkyd adhesives are commonly used in the manufacturing of coatings and paints. The market outlook for alkyd adhesives in Malaysia is influenced by the construction and automotive sectors, which are significant consumers of paint and coatings. As these industries continue to grow and innovate, the demand for specialized alkyd adhesives is expected to increase, with manufacturers focusing on product formulations that offer both performance and environmental benefits.
The alkyd adhesives market in Malaysia is anticipated to see steady growth, primarily due to its widespread use in woodworking and furniture manufacturing. Alkyd adhesives offer strong bonding properties, making them ideal for joining wood and wood-based materials. The country`s robust furniture industry, coupled with the demand for high-quality woodworking in construction and interior design, is driving the market. The versatility of alkyd adhesives and their ability to withstand various environmental conditions contribute to their popularity. Moreover, the growth of the DIY (Do It Yourself) culture among consumers has increased the demand for alkyd adhesives for home improvement projects.
The alkyd adhesives market in Malaysia faces challenges linked to shifting consumer preferences and evolving regulations. Alkyd adhesives, often used in various industries, must adapt to changing environmental standards, including restrictions on hazardous chemicals. Manufacturers must invest in research to develop low-VOC and eco-friendly alternatives. Moreover, competition from other adhesive types, such as acrylics and epoxies, adds pressure to market players to innovate and provide cost-effective solutions.
The COVID-19 pandemic has had a significant impact on various markets in Malaysia, including the alkyd adhesives market. With the lockdowns and restrictions imposed to curb the spread of the virus, many industries experienced disruptions in their operations. This had a direct effect on the demand for alkyd adhesives, which are commonly used in manufacturing and construction sectors. The reduced economic activity during the pandemic led to a decrease in construction projects and manufacturing output, resulting in a slowdown in the alkyd adhesives market. However, as restrictions eased and economic activities began to recover, the market gradually rebounded.The demand for alkyd adhesives is expected to stabilize and potentially grow in the post-pandemic era as construction and manufacturing projects regain momentum.
In the Malaysia alkyd adhesives market, key players like AkzoNobel N.V. and PPG Industries Inc. hold significant market share. These companies are known for their innovative alkyd adhesive solutions that cater to the construction and automotive sectors, among others. Their strong R&D capabilities and extensive distribution networks contribute to their leadership in the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Alkyd Adhesives Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Alkyd Adhesives Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Alkyd Adhesives Market - Industry Life Cycle |
3.4 Malaysia Alkyd Adhesives Market - Porter's Five Forces |
3.5 Malaysia Alkyd Adhesives Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.6 Malaysia Alkyd Adhesives Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Malaysia Alkyd Adhesives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry leading to increased demand for alkyd adhesives in Malaysia. |
4.2.2 Rising adoption of alkyd adhesives in automotive and aerospace industries for bonding applications. |
4.2.3 Innovations in alkyd adhesive formulations, enhancing their performance and versatility. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production cost of alkyd adhesives. |
4.3.2 Stringent environmental regulations regarding the use of certain chemicals in adhesive formulations. |
4.3.3 Intense competition from alternative adhesive technologies such as acrylic and epoxy adhesives. |
5 Malaysia Alkyd Adhesives Market Trends |
6 Malaysia Alkyd Adhesives Market, By Types |
6.1 Malaysia Alkyd Adhesives Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Alkyd Adhesives Market Revenues & Volume, By Products, 2021-2031F |
6.1.3 Malaysia Alkyd Adhesives Market Revenues & Volume, By Dry alkyd resin adhesive, 2021-2031F |
6.1.4 Malaysia Alkyd Adhesives Market Revenues & Volume, By Don't be alkyd resin adhesive, 2021-2031F |
6.2 Malaysia Alkyd Adhesives Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Alkyd Adhesives Market Revenues & Volume, By Coating, 2021-2031F |
6.2.3 Malaysia Alkyd Adhesives Market Revenues & Volume, By Printing ink, 2021-2031F |
6.2.4 Malaysia Alkyd Adhesives Market Revenues & Volume, By Adhesive, 2021-2031F |
7 Malaysia Alkyd Adhesives Market Import-Export Trade Statistics |
7.1 Malaysia Alkyd Adhesives Market Export to Major Countries |
7.2 Malaysia Alkyd Adhesives Market Imports from Major Countries |
8 Malaysia Alkyd Adhesives Market Key Performance Indicators |
8.1 Number of new construction projects utilizing alkyd adhesives. |
8.2 Percentage increase in the use of alkyd adhesives in automotive and aerospace applications. |
8.3 Research and development investment in new alkyd adhesive formulations. |
8.4 Customer satisfaction and retention rates for alkyd adhesive products. |
8.5 Adoption rate of eco-friendly and compliant alkyd adhesive solutions. |
9 Malaysia Alkyd Adhesives Market - Opportunity Assessment |
9.1 Malaysia Alkyd Adhesives Market Opportunity Assessment, By Products, 2021 & 2031F |
9.2 Malaysia Alkyd Adhesives Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Malaysia Alkyd Adhesives Market - Competitive Landscape |
10.1 Malaysia Alkyd Adhesives Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Alkyd Adhesives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |