[129 Pages Report] The global saturated polyester resin market is projected to reach USD 4.77 Billion by 2021, registering a CAGR of 5.83% from 2016 to 2021. The market is witnessing moderate growth owing to increasing applications, technological advancements, and growing demand for these resins in the Asia-Pacific and Europe. Saturated polyester resins are largely used in powder coating applications. The rapid growth of the market is driven by environmental concerns and increasingly stringent regulations.

Years considered for this report

2014 � Historical Year

2015 � Base Year

2016 � Estimated Year

2021 � Projected Year

Research Methodology

This study aims to estimate the market for saturated polyester resin for 2016, and project its demand by 2021. It provides a detailed qualitative and quantitative analysis of the market. Various secondary sources, such as directories, industry journals, and databases, have been used to identify and collect information useful for an extensive commercial study of the saturated polyester resin market. Primary sources, such as experts from related industries and suppliers, have been interviewed to obtain and verify critical information, as well as assess prospects of the saturated polyester resin market.

To know about the assumptions considered for the study, download the pdf brochure

The value chain of saturated polyester resin begins with raw material manufacturers, followed by saturated polyester resin manufacturers, paints & coatings manufacturers, and end-use industries. Maximum value is added during the coating manufacturing stage, as the coating process is proprietary, and protected by patents.

Target audience:

Manufacturers of saturated polyester resin

Manufacturers of resins, additives, pigments, and other feedstock chemical manufacturers

Manufacturers of paints and coatings

Manufacturers in end-use industries, such as powder coatings, industrial paints, coil & can coatings, automotive paints, flexible packaging, and 2k PU coatings, among others

Traders, distributors, and suppliers of technology, chemicals, or components

Regional chemical manufacturers� associations and general radiation curable associations

Government and regional agencies and research organizations

�The study answers several questions for stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments and the competitive landscape of the market�.

Scope of the Report:

The saturated polyester resin market has been covered in detail in this report. The current market demand and forecasts have also been included to provide a complete picture. The saturated polyester resin market is segmented as follows:

On the basis of Type:

Liquid saturated polyester resin

Solid saturated polyester resin Solid carboxyl-terminated saturated polyester resin Solid hydroxyl-terminated saturated polyester resin



On the basis of Application:

Powder Coatings

Industrial Paints

Coil & Can Coatings

Automotive Paints

Flexible Packaging

2k PU Coatings

Other Applications

On the basis of Region:

Asia-Pacific

Europe

North America

RoW

The market is further analyzed according to key countries in each of these regions.

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company�s specific needs. The following customization options are available for this report:

Product Analysis

A product matrix that provides a detailed comparison of the product portfolios of each company

Regional Analysis

Further breakdown of the saturated polyester resin market in Rest of Asia-Pacific into Australia, New Zealand, and others

Further breakdown of the RoW saturated polyester resin market into Latin America, the Middle East & Africa

The global saturated polyester resin market is projected to reach USD 4.77 Billion by 2021, growing at a CAGR of 5.83% from 2016 to 2021. The key drivers of the market are environmental concerns, growing awareness, stringent regulations for VOC emissions, and high performance of saturated polyester resin owing to its superior mechanical properties.

Solid saturated polyester resins are used for manufacturing powder coatings for the automotive industry, home appliances, industrial machineries, and OEMs, and are being widely used in the European powder coatings industry and witnessing rapid growth in Asia-Pacific.

The powder coating segment will continue to account for the highest demand for saturated polyester resin because powder coatings based on saturated polyester resin have good weather resistance, excellent impact strength, and adhesion to metals (even under humid conditions), and are therefore suitable for uses, such as in exterior and interior architectural applications, coating machinery, domestic appliances, steel furniture, and garden tools.

Asia-Pacific is the largest market for saturated polyester resin, followed by Europe and North America. The market in Asia-Pacific is estimated to record high growth owing to increasing demand from powder coatings and coil & can coating applications.

Factors restraining market growth include the inability of saturated polyester resin to achieve cost competitiveness with other substitute resins such as acrylic, vinyl-ester resin, and unsaturated polyester resin. Moreover, the saturated polyester resin market is moderately consolidated and competitive, with a number of small- to medium-scale players, especially in China.

The market is dominated by various players, depending on their core competencies. The key players in this market are Royal DSM N.V. (Netherlands), Allnex Belgium SA/NV (Belgium), Arkema S.A. (France), Nuplex Industries (New Zealand), Stepan Company (U.S.), Evonik Industries (Germany), Nippon Gohsei (Japan), Covestro AG (Germany), and Megara Resins (Anastassios Fanis S.A.) (Greece).

Stepan Company has established partnerships with a network of leading chemical distributors to effectively serve its customers worldwide. Expertise in chemical manufacturing and global reach are its driving factors that aid it to build long-term relationship with customers. The company�s global chemical manufacturing capabilities include sulfonation, neutralization, and blends; esterification; amidation; quaternization; alkoxylation; and oxidation.

In 2013, Stepan acquired Bayer MaterialScience�s North American polyester resins business. This acquisition provides a significant line extension to its core business. The acquired Columbus, Georgia facility provides 20 thousand tons of capacity to the company. The acquired business has been integrated into Stepan�s existing polymer business, which complements its three existing innovation research centers and four polyester polyol manufacturing facilities.

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