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    Saturated Polyester Resin Market Report

    Saturated Polyester Resin Market Report
    Report code - SRAM655 Delivery - 2 Weeks
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    Saturated Polyester Resin Market Size, Share, Trend, Forecast, & Industry Analysis &nd See more...

    Impact of COVID-19 on Saturated Polyester Resin Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Saturated Polyester Resin Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Saturated polyester resin market is likely to witness an impressive CAGR of 5.8% during the forecast period. The major factor that is contributing to the demand for saturated polyester resins is mainly their increasing usage in powder coatings due to environmental concern and stringent regulations to restrict VOC emission.

    Saturated Polyester Resin Market - Snapshot

    Growth

    5.8% for the next five years

    Major Form Type

    Liquid Saturated Polyester Resin

    Dominant Application Type

    Powder Coating

    Region with the highest demand

    Asia-Pacific

    Key Players

    Koninklijke DSM N.V., Allnex, Arkema S.A., Hitachi Chemical Co. Ltd., Stepan Company, Evonik Industries, Mitsubishi Chemical Corporation., Covestro AG, and CIECH S.A., Eternal Materials Co., Ltd., and Others

    Segment Analysis

    Saturated-Polyester-Resin-Market-Dominant-Segments

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    Saturated Polyester Resin Market Share: By Form Type

    Based on the form type, the market is segmented as liquid saturated polyester resin and solid polyester resin. The liquid saturated polyester resin held the larger share of the market in 2020, and is expected to remain dominant during the forecast period. The wide use of it in the automotive and industrial paints & coating industries is driving the growth of this segment.

    Saturated Polyester Resin Market Share: By Application Type

    Based on the application type, the saturated polyester resin market is segmented as powder coatings, industrial paints, coil & can coatings, automotive paints, flexible packaging, 2k PU coatings, and others. The powder coatings segment dominates the market, as saturated polyester resins provide good weather resistance, excellent impact strength, and good adhesion properties under humid conditions. Further, increasing demand for VOC free powder coating is expected to propel the growth of the segment during the forecast period.

    Saturated Polyester Resin Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing market for saturated polyester resins during the forecast period, with China, Japan, India, and South Korea being the major countries with lucrative growth opportunities. The growth of the region’s market is attributed to the demand for powder coatings from architectural coatings, machinery, domestic appliances, furniture, and others, which is generating huge demand for saturated polyester resins. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Saturated-Polyester-Resin-Market-Dominant-Segment

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    Market Scope & Segmentation

    Saturated polyester resins are synthesized by using polybasic and polyols and possess features including excellent flexibility and hardness. Saturated polyester resins are available in two forms; liquid and solid. They are used in various applications, such as powder coatings, can coating, non-stick pan, rolled steel, adhesives, ink, automotive paints, and others.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Saturated Polyester Resin Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The saturated polyester resin market is segmented into the following categories. 

    Saturated Polyester Resin Market Size, Share, & Forecast, by Form Type:

    • Liquid Saturated Polyester Resin (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Solid Saturated Polyester Resin
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Form Type Analysis: Solid Carboxyl-Terminated Saturated Polyester Resin and Solid Hydroxyl-Terminated Saturated Polyester Resin)

    Saturated Polyester Resin Market Size, Share, & Forecast, by Application Type:

    • Powder Coatings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Industrial Paints (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Coil & Can Coatings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Automotive Paints (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Flexible Packaging (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 2k PU Coatings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Saturated Polyester Resin Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Saturated-Polyester-Resin-Market-Segmentation

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    Key Players

    Some of the major saturated polyester resin manufacturers are-

    • Koninklijke DSM N.V.
    • Allnex
    • Arkema S.A.
    • Hitachi Chemical Co. Ltd.
    • Stepan Company
    • Evonik Industries
    • Mitsubishi Chemical Corporation.
    • Covestro AG
    • CIECH S.A.
    • Eternal Materials Co., Ltd.
    • Others.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the form types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].

    Frequently Asked Questions (FAQs)

    The saturated polyester resin market is expected to witness an impressive growth of 5.8% CAGR in the foreseeable future.

    Koninklijke DSM N.V., Allnex, Arkema S.A., Hitachi Chemical Co. Ltd., Stepan Company, Evonik Industries, Mitsubishi Chemical Corporation., Covestro AG, and CIECH S.A., Eternal Materials Co., Ltd., and Others are among the key players in the saturated polyester resin market.

    Asia-pacific is expected to be the largest saturated polyester resin market during the forecast period of 2021-26.

    The powder coatings segment dominates the market, as saturated polyester resins provide good weather resistance, excellent impact strength, and good adhesion properties under humid conditions.

    The liquid saturated polyester resin is expected to remain dominant form type in the saturated polyester resin market in the coming years.

    The major factor driving the growth of saturated polyester resin market is mainly their increasing usage in powder coatings due to environmental concern and stringent regulations to restrict VOC emission.

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