Product Code: ETC096179 | Publication Date: Jun 2021 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The United Arab Emirates (UAE) Alkyd Resins market has been experiencing steady growth, driven by the country`s booming construction and paint industries. Alkyd resins are synthetic resins widely used in the production of paints, coatings, and varnishes due to their excellent performance and versatility. The UAE rapid urbanization, infrastructure development, and growing demand for high-quality paints and coatings have been the primary drivers of the alkyd resins market in the region. Moreover, the UAE strategic location as a major trade and manufacturing hub supports the import, production, and distribution of alkyd resins.
Several factors have contributed to the growth of the Alkyd Resins market in the UAE. Firstly, the country`s thriving construction and real estate sectors have led to increased demand for paints and coatings, which, in turn, drives the demand for alkyd resins as a key ingredient. Alkyd resins offer desirable properties such as excellent adhesion, durability, and gloss retention, making them highly suitable for architectural and decorative coatings. Secondly, the UAE growing industrial sector has resulted in an increased use of protective coatings, marine coatings, and automotive coatings, all of which rely on alkyd resins for their formulation. Additionally, the country`s focus on infrastructure projects, such as airports, hotels, and stadiums, has further bolstered the demand for high-performance alkyd-based coatings.
Despite its growth, the UAE Alkyd Resins market faces certain challenges. One significant challenge is the increasing concern over environmental regulations and sustainability. Alkyd resins, especially traditional solvent-based formulations, may contain volatile organic compounds (VOCs) that can contribute to air pollution and health risks. To address this challenge, the UAE paint and coating industries need to transition towards more environmentally friendly and low-VOC alkyd resins and formulations. Moreover, ensuring a stable supply of raw materials for alkyd resin production and managing price fluctuations is crucial for manufacturers and users.
The Covid-19 pandemic had mixed impacts on the UAE Alkyd Resins market. While the construction and real estate sectors faced some slowdown due to lockdowns and travel restrictions, the paint and coating industry saw increased demand for protective coatings and maintenance coatings during the pandemic. With many commercial buildings and facilities requiring maintenance and refurbishment during the lockdowns, the demand for alkyd-based coatings for such applications remained resilient.
Several key players operate in the UAE Alkyd Resins market, supplying high-quality alkyd resin products to the paint and coating industries. These players include chemical manufacturers, paint and coating companies, and construction material suppliers. Some notable key players in the UAE Alkyd Resins market are Jotun Group, Hempel A/S, and Berger Paints Middle East. These companies play a crucial role in providing alkyd resin solutions to the UAE construction and coating sectors, supporting the country`s infrastructure development and architectural projects.
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 United Arab Emirates (UAE) Alkyd resins Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Alkyd resins Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Alkyd resins Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Alkyd resins Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Alkyd resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Alkyd resins Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 United Arab Emirates (UAE) Alkyd resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in the UAE, leading to higher demand for alkyd resins in paints and coatings. |
4.2.2 Growing automotive industry in the region, driving the use of alkyd resins in vehicle coatings. |
4.2.3 Favorable government initiatives and investments in infrastructure projects boosting the demand for alkyd resins. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production costs of alkyd resins. |
4.3.2 Stringent environmental regulations pushing for the adoption of eco-friendly alternatives to traditional alkyd resins. |
5 United Arab Emirates (UAE) Alkyd resins Market Trends |
6 United Arab Emirates (UAE) Alkyd resins Market, By Types |
6.1 United Arab Emirates (UAE) Alkyd resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Alkyd resins Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Alkyd resins Market Revenues & Volume, By Oil Based, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Alkyd resins Market Revenues & Volume, By Modified, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Alkyd resins Market Revenues & Volume, By Water Reducible, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Alkyd resins Market Revenues & Volume, By Others, 2021-2031F |
6.2 United Arab Emirates (UAE) Alkyd resins Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Alkyd resins Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Alkyd resins Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Alkyd resins Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 United Arab Emirates (UAE) Alkyd resins Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.6 United Arab Emirates (UAE) Alkyd resins Market Revenues & Volume, By Others, 2021-2031F |
7 United Arab Emirates (UAE) Alkyd resins Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Alkyd resins Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Alkyd resins Market Imports from Major Countries |
8 United Arab Emirates (UAE) Alkyd resins Market Key Performance Indicators |
8.1 Growth in demand for high-performance coatings using alkyd resins. |
8.2 Adoption rate of sustainable alkyd resin formulations in the market. |
8.3 Innovation and development of new alkyd resin products catering to specific industry needs. |
9 United Arab Emirates (UAE) Alkyd resins Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Alkyd resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Alkyd resins Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 United Arab Emirates (UAE) Alkyd resins Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Alkyd resins Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Alkyd resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |