Title: Saturated Polyester Resins Market
1Saturated Polyester Resins MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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- Saturated polyester resins market is forecast to
reach US8.4 billion by 2027 after growing at a
CAGR of 4.1 during 2022-2027. Globally, the
increasing demand for saturated polyester resins
owing to its heat resistance property in paints
coatings, and packaging applications is estimated
to drive the market growth - Also, the rapidly rising demand for saturated
polyester resins in automotive paints, powder
coatings, polyurethane coatings, and others, to
provide an excellent finish in various end-use
segments has driven its demand..
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- Key Takeaways
- The APAC region dominates the saturated polyester
resins market due to the rising usage of
automotive paints in the inclining automotive
sector. For instance, according to the
International Trade Administration domestic
production of automotive in China is expected to
reach 35 million by 2025. - An increase in demand for paints and coatings is
one of the primary factors driving the growth of
the market. For instance, according to the World
Paint Coatings Industry Association (WPCIA),
global sales of paints and coatings were around
US 173 billion in 2019, owing to the growing
construction industry and rising consumer
spending..
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By Distribution Channel- Segment Analysis Liquid
saturated polyester resins held the largest share
in the saturated polyester resins market and are
expected to continue its dominance over the
period 2022-2027. Saturated polyester resin with
a liquid backbone is referred to as liquid
saturated polyester resin. Since saturated
polyester resin has a low molecular weight, it
can be used as a plasticizer and a major reactant
in the production of urethane polymers.
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Saturated Polyester Resins Industry outlook
- Arkema S.A.
- Royal DSM N.V.
- Evonik Industries
- Stepan Company
- Allnex Belgium SA/NV
- Nuplex Industries
- Covestro AG
- Nippon Gohsei
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Saturated Polyester Resins Market - Forecast
(2022 - 2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Saturated-Po
lyester-Resins-Market-Research-509283
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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