| Product Code: ETC7536516 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s alkyd resin import market in 2024 continued to be dominated by key players such as China, South Korea, and Germany, with Taiwan and Malaysia also making significant contributions. The market witnessed a notable increase in concentration levels, with the Herfindahl-Hirschman Index (HHI) reaching very high levels compared to the previous year. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 remained strong at 12.07%, indicating a sustained demand for alkyd resin imports in India.

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 India Alkyd Resin Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Alkyd Resin Market Revenues & Volume, 2021 & 2031F |
3.3 India Alkyd Resin Market - Industry Life Cycle |
3.4 India Alkyd Resin Market - Porter's Five Forces |
3.5 India Alkyd Resin Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 India Alkyd Resin Market Revenues & Volume Share, By Process Type, 2021 & 2031F |
3.7 India Alkyd Resin Market Revenues & Volume Share, By Class, 2021 & 2031F |
3.8 India Alkyd Resin Market Revenues & Volume Share, By Formulation Type, 2021 & 2031F |
3.9 India Alkyd Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Alkyd Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in India leading to increased demand for alkyd resins in paints and coatings. |
4.2.2 Rising disposable income and changing consumer preferences towards high-quality products. |
4.2.3 Favorable government initiatives and policies supporting the manufacturing sector in India. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of alkyd resins. |
4.3.2 Environmental regulations and increasing awareness about eco-friendly alternatives affecting the demand for traditional alkyd resins. |
5 India Alkyd Resin Market Trends |
6 India Alkyd Resin Market, By Types |
6.1 India Alkyd Resin Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 India Alkyd Resin Market Revenues & Volume, By Resin Type, 2021- 2031F |
6.1.3 India Alkyd Resin Market Revenues & Volume, By Non-drying alkyd resin, 2021- 2031F |
6.1.4 India Alkyd Resin Market Revenues & Volume, By Drying alkyd resin, 2021- 2031F |
6.1.5 India Alkyd Resin Market Revenues & Volume, By Semi-drying alkyd resin, 2021- 2031F |
6.2 India Alkyd Resin Market, By Process Type |
6.2.1 Overview and Analysis |
6.2.2 India Alkyd Resin Market Revenues & Volume, By Fatty Acid Process, 2021- 2031F |
6.2.3 India Alkyd Resin Market Revenues & Volume, By Glyceride Process, 2021- 2031F |
6.3 India Alkyd Resin Market, By Class |
6.3.1 Overview and Analysis |
6.3.2 India Alkyd Resin Market Revenues & Volume, By Long Alkyd Resin, 2021- 2031F |
6.3.3 India Alkyd Resin Market Revenues & Volume, By Medium Alkyd Resin, 2021- 2031F |
6.3.4 India Alkyd Resin Market Revenues & Volume, By Short Alkyd Resin, 2021- 2031F |
6.4 India Alkyd Resin Market, By Formulation Type |
6.4.1 Overview and Analysis |
6.4.2 India Alkyd Resin Market Revenues & Volume, By High-Solid Alkyds, 2021- 2031F |
6.4.3 India Alkyd Resin Market Revenues & Volume, By Waterborne Alkyds, 2021- 2031F |
6.4.4 India Alkyd Resin Market Revenues & Volume, By Modifying Alkyds, 2021- 2031F |
6.4.5 India Alkyd Resin Market Revenues & Volume, By Solvent Borne Coatings, 2021- 2031F |
6.4.6 India Alkyd Resin Market Revenues & Volume, By Powder Coatings, 2021- 2031F |
6.4.7 India Alkyd Resin Market Revenues & Volume, By Others, 2021- 2031F |
6.5 India Alkyd Resin Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 India Alkyd Resin Market Revenues & Volume, By Building & Construction, 2021- 2031F |
6.5.3 India Alkyd Resin Market Revenues & Volume, By Automotive 0em Coatings, 2021- 2031F |
6.5.4 India Alkyd Resin Market Revenues & Volume, By Electrical Equipment, 2021- 2031F |
6.5.5 India Alkyd Resin Market Revenues & Volume, By Furniture & Decor, 2021- 2031F |
6.5.6 India Alkyd Resin Market Revenues & Volume, By Metal Coatings, 2021- 2031F |
6.5.7 India Alkyd Resin Market Revenues & Volume, By Automotive Refinish Coatings, 2021- 2031F |
6.5.8 India Alkyd Resin Market Revenues & Volume, By Packaging, 2021- 2031F |
6.5.9 India Alkyd Resin Market Revenues & Volume, By Packaging, 2021- 2031F |
7 India Alkyd Resin Market Import-Export Trade Statistics |
7.1 India Alkyd Resin Market Export to Major Countries |
7.2 India Alkyd Resin Market Imports from Major Countries |
8 India Alkyd Resin Market Key Performance Indicators |
8.1 Research and development investment in eco-friendly alkyd resin formulations. |
8.2 Adoption rate of water-based alkyd resins in the market. |
8.3 Percentage of market share held by domestic manufacturers in the India alkyd resin market. |
9 India Alkyd Resin Market - Opportunity Assessment |
9.1 India Alkyd Resin Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 India Alkyd Resin Market Opportunity Assessment, By Process Type, 2021 & 2031F |
9.3 India Alkyd Resin Market Opportunity Assessment, By Class, 2021 & 2031F |
9.4 India Alkyd Resin Market Opportunity Assessment, By Formulation Type, 2021 & 2031F |
9.5 India Alkyd Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Alkyd Resin Market - Competitive Landscape |
10.1 India Alkyd Resin Market Revenue Share, By Companies, 2024 |
10.2 India Alkyd Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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