NewswireToday - /newswire/ -
Limassol, Cyprus, 2007/05/29 - According to Merchant Research & Consulting Ltd (UK) consulting agency, despite the 1% output drop, alkyd resins remain their dominant position among the synthetic resins with respect of production volume and the frequency of the use in paint.
The analysis of the in paint and varnish materials market has confirmed that the highest growth will occur in the production of acrylic and polyurethane resins – by 6% and 4.1% respectively. These products produce elastic coatings and guarantee ecological safety.
Alkyd resins are included in organosilicon compositions, water-dispersion paints, powder pigments, paints with high content of non-volatile components. Demonstrating superior properties as coatings, polyurethanes are commonly applied as film-forming substances in the manufacture of the wide range of paint and varnish materials.
Despite the growing popularity of acrylic, polyurethane, and epoxy resins, alkyd resins remain highly favoured among paint producers thanks to the improved variability of compositions and better value for the money.
Experts believe that the total consumption of paint and varnish materials will hit 28.8m mt ($83 billion) in 2007 and 30m mt in 2008.
Alkyd Resins are the synthetic resins made from a dicarboxylic acid, such as phthalic acid, and diols or triols. The raw materials required for the manufacture of alkyd resins are as follows: phthalic anhydride, pentaerythritol, glycerol, linseed and other drying and semi drying oils. Alkyd resins are important ingredients of the paint and varnish industry. Originally resins of natural origin were used however with the development of technology for synthetic resin with better requisite properties alkyd resin finds extensive use in surface coated industry.
Both cost-wise and performance-wise, alkyds have proven themselves over a wide swathe of demands, from agricultural/construction equipment to general industrial metal and even architectural finishes. They account for 60-70% of other polycondensation-based film-forming coatings.
This market research report also features the following information:
• Present state and prospects of the paint and varnish industry as a main sector consuming alkyd resins;
• State of the market for alkyd and other synthetic resins in Europe and the CIS countries;
• Prices for alkyd resins; etc.