The Global Alkyd Coatings Market was valued at USD 27.28 Billion in 2021 and is projected to reach USD 38.89 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2022–2028). This growth is fueled by robust demand from the architecture and industrial sectors, increased infrastructure spending in emerging economies, and the development of more sustainable, low-VOC (Volatile Organic Compound) alkyd formulations.

As the coatings industry evolves toward enhanced durability and environmental compliance, the focus is on the leading manufacturers who are driving innovation in resin technology, application efficiency, and eco-friendly product lines. In this blog, we profile the Top 10 Companies in the Alkyd Coatings Industry—a group of chemical giants and specialty coaters defining the future of surface protection and decoration.

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🔟 1. PPG Industries, Inc.

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Architectural Alkyds, Industrial Alkyd Enamels, High-Performance Coatings

PPG is a global leader in paints, coatings, and specialty materials, with a comprehensive portfolio of alkyd-based products for diverse applications. The company’s innovative alkyd technologies focus on improved drying times, corrosion resistance, and lower environmental impact, serving markets from automotive refinish to protective marine coatings.

Sustainability Initiatives:

• Development of high-solids and water-borne alkyd resins

• Commitment to 40% of sales from sustainably advantaged products by 2025

• Investment in bio-based raw material research

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9️⃣ 2. The Sherwin-Williams Company

Headquarters: Cleveland, Ohio, USA
Key Offering: Alkyd Enamels, Primers, Industrial Maintenance Coatings

Sherwin-Williams is one of the world’s largest producers of paints and coatings, with a vast distribution network and strong brand recognition. Their alkyd product lines are renowned for durability and gloss retention, widely used in DIY, professional painting, and heavy-duty industrial applications.

Sustainability Initiatives:

• Expanding EcoVue™ waterborne alkyd technology

• Goals to reduce VOC emissions and waste generation

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8️⃣ 3. Akzo Nobel N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: Deco Alkyd Paints, Marine & Protective Coatings, Vehicle Refinishes

AkzoNobel, with its iconic Dulux brand, is a major force in decorative and performance coatings. The company invests significantly in R&D to create advanced alkyd formulations that meet stringent regulatory standards globally while maintaining superior performance characteristics.

Sustainability Initiatives:

• Pioneering sustainable bio-based alkyd resins

• Targeting carbon neutrality across operations

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7️⃣ 4. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Alkyd Resins, Binders, Custom Formulations for OEMs

BASF is a leading chemical producer and a key supplier of raw materials and finished coatings. Its Performance Chemicals division provides high-quality alkyd resins to coating manufacturers worldwide, focusing on innovation in durability and application properties.

Sustainability Initiatives:

• Developing alkyds based on renewable resources

• Comprehensive product stewardship and lifecycle assessments

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6️⃣ 5. Kansai Paint Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Automotive Alkyds, Decorative Paints, Industrial Coatings

Kansai Paint is a major global coatings manufacturer with a strong presence in Asia and expanding footprint worldwide. The company’s expertise in alkyd chemistry supports a wide range of applications, particularly in the automotive OEM and refinish markets.

Sustainability Initiatives:

• Focus on low-VOC and heavy-metal-free formulations

• Energy-efficient manufacturing processes

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5️⃣ 6. Nippon Paint Holdings Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Nippon Alkyd Paints, Marine Coatings, Protective Systems

Nippon Paint is one of Asia’s largest coatings companies, offering a diverse portfolio that includes high-performance alkyd products. The company’s growth is driven by technological innovation and strategic acquisitions in new geographic markets.

Sustainability Initiatives:

• Investment in R&D for environmentally friendly coatings

• Global standards for product safety and sustainability

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4️⃣ 7. 3M Company

Headquarters: Saint Paul, Minnesota, USA
Key Offering: Specialty Alkyd Coatings, Protective Resins, Adhesives

3M applies its material science expertise to develop specialized coating solutions, including advanced alkyd formulations for industrial and electronic applications. Their products are known for reliability and performance under demanding conditions.

Sustainability Initiatives:

• Commitment to reducing PFAS use and environmental footprint

• Innovation in solvent-free and water-based technologies

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3️⃣ 8. Hempel A/S

Headquarters: Lyngby, Denmark
Key Offering: Protective Alkyd Coatings, Marine Paints, Decorative Coatings

Hempel is a leading global supplier of decorative, protective, and marine coatings. The company’s alkyd-based products are essential for protecting assets in corrosive environments, from offshore structures to bridges and industrial facilities.

Sustainability Initiatives:

• Double Impact strategy targeting sustainability leadership

• Development of coatings that extend asset lifetime and reduce maintenance

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2️⃣ 9. Wacker Chemie AG

Headquarters: Munich, Germany
Key Offering: Silicone-Modified Alkyd Resins, Binders for High-Performance Coatings

Wacker is a global chemical company known for its silicone and polymer products. It produces innovative silicone-alkyd hybrid resins that significantly enhance the weatherability and durability of industrial and architectural coatings.

Sustainability Initiatives:

• Focus on resin technologies that enable low-VOC coatings

• Resource-efficient production processes

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1️⃣ 10. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Advanced Alkyd Resins, Polyurethane Alkyds, Binders

Dow is a leading materials science company providing innovative solutions to the coatings industry. Its range of alkyd resins and modifiers helps formulators create products with improved application properties and enhanced sustainability profiles.

Sustainability Initiatives:

• Developing bio-based and circular raw materials for coatings

• Commitments to reduce carbon emissions and plastic waste

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🌍 Outlook: The Future of Alkyd Coatings Is Sustainable and High-Performance

The alkyd coatings market is undergoing a significant transformation. While traditional solvent-borne alkyds still hold substantial market share, the industry is rapidly embracing waterborne technologies, high-solid formulations, and bio-based raw materials to meet environmental regulations and consumer demand for greener products.

📈 Key Trends Shaping the Market:

• Rapid adoption of water-borne alkyds in North America and Europe due to strict VOC regulations

• Growing demand for durable decorative paints in Asia-Pacific’s booming construction sector

• Innovation in hybrid alkyd-siloxane and alkyd-urethane technologies for extreme durability

• Increased use of renewable resources like soybean and linseed oil in alkyd production

Get Full Report Here: Alkyd Coatings Market – View in Detailed Research Report

The companies listed above are not only providing essential protection for global infrastructure and products—they’re leading the charge toward a more sustainable and high-performance future for the coatings industry.