Saturated Polyester Resin Market worth $4,436 Million by 2019, According to a New Study on ASDReports

Thursday 9 October 2014, Amsterdam

The new report, now available on ASDReports, “Saturated Polyester Resin Market by Application (Powder Coatings, Automotive Paints, Flexible Packaging, Coil & Can Coatings, Industrial Paints, PU Coatings & Others) & by Geography (NA, Europe, Asia-Pacific, & ROW) - Global Trends & Forecast to 2019” report analyzes the global saturated polyester resin market with respect to market drivers, opportunities, and trends in different regions.

Saturated polyester resins are penetrating the coatings and paints markets successfully. The different properties of these products can be in different applications, as per the requirement in end products. The Asia-Pacific region is expected to dominate this market with its growing demand for saturated polyester resin in different applications, especially automotive and constructional segments. The Asia-Pacific and the ROW markets are projected to show a rising growth in the next five years with the allied industries expected to stabilize the overall business need in the respective regions.

Expansion, new product launch, and acquisition are the key types of strategies in this market. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of saturated polyester resin to match the new demands coming from the various end-user industries. Powder coating application is dominant among all the applications of saturated polyester resin, in terms of consumption and revenue.

Asia-Pacific is the largest region, both in terms of volume and value growth, followed by the ROW. China, Japan, India, Brazil, and Russia are projected to persist as successful saturated polyester resin markets. The key players in this market are Allnex(U.S.), DSM Resins(The Netherlands), Bayer Coatings (Germany), Arkema Coating Resins (France), Hangzhou Sino-French(China), Evonik Industries (Germany), Anhui Shenjian New Materials Co., Ltd (China), Nuplex (New Zealand), Hitachi Chemicals (Japan), and Nippon Gohsei (Japan), and so on.

The saturated polyester resin demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, expansions, agreements, and mergers & acquisitions of the leading global companies.

The global saturated polyester resin market is projected to grow from $3,146 million in 2012 to $4,436 million by 2019, at a CAGR of 5.3% between 2014 and 2019. The high demand across the industries, such can and coil coatings, automotive paints, industrial paints and powder coatings will increase the overall saturated polyester resin consumption.