Saturated Polyester Resin Market Insights, Forecast to 2031

Report Description

A recent market intelligence report that is published by Data Insights Partner on Saturated Polyester Resin Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Market. The research study also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and world Saturated Polyester Resin Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of international Saturated Polyester Resin Market is offered.

Market Insights:

In accordance with the report, the Saturated Polyester Resin Market is projected to expand at a CAGR of X.X% over the period of forecast.  The global Saturated Polyester Resin Market was valued at USD XX.X Mn in 2019 and is expected to reach USD XX.X Mn in 2031, growing with a significant CAGR rate during the forecast period. Powder coatings are likely to drive saturated polyester resin demand in the forecast period, owing to expansion in end-user sectors such as appliances, automotive, and metal furniture. In the near future, the appliance coatings category is expected to account for one-fourth of the total global market revenue for saturated polyester resin, followed by automotive and general industrial coatings. In the next years, the automotive paints industry is expected to be driven by rising demand for automobiles and increased production of automobiles. Unsaturated polyester resins are used in construction, automotive, marine, industrial, and commercial products. The rising use of electric vehicles by consumers and businesses alike is propelling the unsaturated polyester resin market forward. Furthermore, the increased use of electric vehicles by consumers and businesses is assisting the quick growth of the unsaturated polyester resins market. During the projected period, this is expected to fuel the expansion of the unsaturated polyester resins market. Due to rising demand from markets such as China, India, and Japan, the Asia-Pacific region dominated the global market in terms of share. During the projected period, China is expected to see a strong increase in demand for saturated polyester resins, owing to the country’s expected noteworthy expansion in construction, packaging, and paints and coatings demand. Due to population growth and rising urbanisation, the demand for UPR products has expanded significantly, leading in a major increase in the building and construction sector.

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Research Methodology:

To compile the detailed study of the global Saturated Polyester Resin market, a robust research methodology has been adopted that aids in determining the key insights and also evaluates the growth prospects of the Saturated Polyester Resin Market. Comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Our research methodology implements a mix of primary as well as secondary research. Our projects are initiated with secondary research, where we refer to a variety of sources including trade databases; government published documents, investor presentations, company annual reports, Industrial papers, and paid databases. To carry out secondary research, the analysts have collected the information through company annual reports, journals, company press releases, and paid databases that were referred to gain and identify better opportunities in the Saturated Polyester Resin Market.

COVID-19 Scenario Analysis:

The COVID-19 outbreak has shaken the whole economy in the world. In this scenario some industries are doing quite well while others have been crushed. This section of the report has explored the overall status of the COVID-19 scenario. The industry witnessed a huge decline in terms of sales. Likewise, the Saturated Polyester Resin market was affected negatively due to the shutdown of manufacturing/processing facilities for some time. The analysts have also focused on the key measures that the companies are opting to withstand the harsh scenario.

Segment Covered:

Saturated Polyester Resin Market report has been segmented By Product Type, By Application Type and geography also includes the market size and forecast for all these segments. Compounded annual growth rates for all segments have also been provided for 2022 to 2031. This report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

Key Segments:

Saturated Polyester Resin Market research report includes an in-depth coverage of the industry with estimates & forecast from 2022 to 2031, for the following segments:

Saturated Polyester Resin Market, By Product type, 2022-2031 (USD Million)

 

  • Solid saturated polyester resin
  • Liquid saturated polyester resin

Saturated Polyester Resin Market, By Application Type, 2022-2031 (USD Million)

 

  • Coil & can coatings
  • Flexible packaging
  • Industrial paints
  • 2k Pu coatings
  • Automotive paints
  • Others

Report Highlights:

The prime objective of the Saturated Polyester Resin market report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with different major regions and more than 30 major countries across the globe. During the report’s production, extensive research and analysis were conducted. This research will assist readers in gaining a thorough understanding of the market.

Saturated Polyester Resin Market, By Region, 2022-2031 (USD Million)

 

  • North America ( United States, Canada, Mexico)
  • Europe (Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
  • South Asia ( India, Pakistan and Bangladesh)
  • East Asia (China, Japan and South Korea)
  • South East Asia (Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
  • Middle East (Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
  • Africa (Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
  • South America (Brazil, Argentina, Colombia, Chile, and Rest of SA)
  • Oceania (Australia and New Zealand)

Companies Profiled:

To enhance their position in the global market, key suppliers/manufacturers are concentrating on business expansion and product innovation. Manufacturers/producers are also working on boosting their manufacturing capacity and product quality to gain a competitive advantage. The following are some of the prominent manufacturers in the worldwide Saturated Polyester Resin market:

  • BASF SE
  • Bluestar Saturated Polyester Resins
  • Emerald Performance Materials LLC
  • Jiangsu Hongda New Material Co. Ltd.
  • Kaneka Corporation
  • Momentive Performance Materials Inc.
  • Nusil Technology
  • Rogers Corporation
  • Shin-Etsu Chemical Company
  • Specialty Saturated Polyester Resin Products Inc
  • The DOW Corning Corporation
  • Wacker Chemie AG
  • Zhejiang Xinan Chemical Industry Group Co. Ltd
  • Others

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Saturated Polyester Resin Market Report Highlights:

  • Detailed analysis of the parent market
  • Key players’ strategies and products supplied in the competitive landscape
  • Market segmentation in depth analysis
  • Market size in terms of volume and value, past, present, and future scenario
  • Potential and specialty areas, as well as geographical regions with promising growth prospects
  • Market players use this information to maintain and expand their market presence, thus it’s important to have an unbiased perspective on market performance.

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