Saturated Polyester Resins Market: Emerging Players with Size and Share, Regional Trends and Strategies Forecast 2021-2024

Saturated Polyester Resins

The “Saturated Polyester Resins Market” Report provides a thorough examination of the market. The Saturated Polyester Resins Market research investigates how firms in the Saturated Polyester Resins Market are reacting to changing market conditions by examining major industry strategies. The report covers current top players are recognised and rated based on their market shares. It also includes data on leading manufacturers, market segmentation by types, applications, and geographic regions. Market capacity, production, consumption, sales, and revenue are all discussed in this Saturated Polyester Resins market report.

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Competitor Analysis:

Saturated Polyester Resins market covers the vision of competitor analysis by product types, market share, applications, sales and revenue. It covers the top key players like –

  • Allnex
  • Arkema SA
  • CIECH SA
  • Covestro AG
  • DIC Corporation
  • Eternal Materials Co. Ltd
  • Evonik Industries AG
  • Hitachi Chemical Co. Ltd
  • Hitech Industries FZE
  • Kimteks
  • Momentive
  • Novaresine SRL
  • Koninklijke DSM N.V.
  • Sir Industriale SpA
  • Stepan Company
  • The Nippon Synthetic Chemical Industry Co. Ltd (Nippon Gohsei)

    Market Overview:

  • The market for Saturated Polyester Resins is expected to grow at a CAGR of more than 5% during the forecast period of 2019 – 2024. One of the main factors driving the market is the growing demand from the packaging industry. However, high processing and manufacturing cost is expected to hinder the growth of the market studied.
  • – By application, powder coatings dominated the market in 2018 and are expected to grow during the forecast period.
  • – Technological advancements and emerging applications are likely to act as an opportunity in the future.
  • – Asia-Pacific dominated the market across the globe with the largest consumption from countries such as China and India
  • Key Market Trends:

    Increasing Demand for Powder Coatings

    – Saturated polyester resins are primarily used to manufacture solvent-free powder paints and coatings. Owing to superior properties, such as good weather resistivity, excellent impact strength, and adhesion to metals (even under humid conditions), saturated polyester resins are favored for exterior and interior architectural applications, coating machinery, domestic appliances, steel furniture, and garden tools.
    – The growing construction and automotive sector are expected to drive the usage of powder coatings, thus boosting the growth of the market studied, during the forecast period.
    – The construction sector has been witnessing robust growth in Asia-Pacific and Middle East & Africa. In the Middle East & African region, governments have been making efforts to develop the non-oil sectors, after the region faced a financial crisis, due to the drastic fall in oil prices in 2014.
    – Hence, the robust growth of the construction industry is expected to drive the demand for powder coatings, further providing a positive influence on the market studied.
    – Besides, owing to the increasing demand for SUVs and lightweight vehicles and production of electric vehicles, automotive production has been increasing across the globe. Hence, with such an increase in automotive production, the demand for powder coatings is likely to grow, further driving the growth of the market studied.

    Asia-Pacific Region to Dominate the Market

    Asia-Pacific region dominated the global market share in 2018. China is expected to witness healthy growth in the demand for saturated polyester resins during the forecast period, owing to the expected noticeable growth of automotive, construction, packaging, and paints & coatings industries in the country. With healthy growth in such industries, the demand for powder coatings, automotive paints, packaging coatings & binders, etc., is expected to increase, further driving the demand for saturated polyester resins to produce such paints, coatings, and binders. China serves as the largest producer of vehicles and paints & coatings in the world. Besides, it is the world’s largest manufacturing economy and exporter of goods, which can indicate the importance of packaging for the country. The packaging industry in the country has also been witnessing robust growth, owing to the growing trend of e-commerce. The aforementioned factors are expected to drive the demand for paints, coatings, binders, etc., further driving the growth of the market studied.

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    Scope of the Report:

    This report studies the global Saturated Polyester Resins market size, industry status and forecast, competition landscape and growth opportunity.

    Highlighted points of Saturated Polyester Resins Market Report:

    • Varying dynamics of the Saturated Polyester Resins industry.
    • Prospective changes in sales volumes and worldwide share growth in upcoming years
    • Saturated Polyester Resins market report recognizes the key drivers of growth and challenges of the key industry players.
    • Competitors profiles along with product description, overview, and business data.
    • Complete analysis of market risks, opportunities, limitations, and growth of the market.
    • Market driving and restraining factors.
    • Delivers information on the historical and current market size and the future potential of the market.
    • Saturated Polyester Resins market report provides comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of market.

    Key Benefits of this Saturated Polyester Resins Market report:

    • The Saturated Polyester Resins market report provides a comprehensive analysis of the current trends and future estimations in the world mining equipment market to identify the potential investment pockets.
    • The Saturated Polyester Resins market report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
    • Quantitative analysis of the current trends and forecasts to 2024 is provided to showcase the financial competency of the Saturated Polyester Resins market.
    • Porter’s Five Force model of the industry and SWOT analysis illustrate the potency of the buyers & suppliers.
    • Value chain analysis provides a clear understanding of the roles of stakeholders involved.

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    Detailed TOC of Saturated Polyester Resins Market Report:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Increasing Demand from the Booming Packaging Industry
    4.1.2 Rapid Industrialization in Asia-Pacific and Central and Eastern Europe
    4.2 Restraints
    4.2.1 High Processing and Manufacturing Cost
    4.3 Industry Value-Chain Analysis
    4.4 Porters 5 Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition
    4.5 Technological Snapshot

    5 MARKET SEGMENTATION
    5.1 Type
    5.1.1 Liquid Saturated Polyester Resin
    5.1.2 Solid Saturated Resin
    5.2 Application
    5.2.1 Powder Coatings
    5.2.2 Coil & Can Coatings
    5.2.3 Automotive Paints
    5.2.4 Packaging
    5.2.5 Industrial Paints
    5.2.6 Others
    5.3 Geography
    5.3.1 Asia-Pacific
    5.3.1.1 China
    5.3.1.2 India
    5.3.1.3 Japan
    5.3.1.4 South Korea
    5.3.1.5 Rest of Asia-Pacific
    5.3.2 North America
    5.3.2.1 United States
    5.3.2.2 Canada
    5.3.2.3 Mexico
    5.3.3 Europe
    5.3.3.1 Germany
    5.3.3.2 United Kingdom
    5.3.3.3 Italy
    5.3.3.4 France
    5.3.3.5 Rest of Europe
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 Saudi Arabia
    5.3.5.2 South Africa
    5.3.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Allnex
    6.4.2 Arkema SA
    6.4.3 CIECH SA
    6.4.4 Covestro AG
    6.4.5 DIC Corporation
    6.4.6 Eternal Materials Co. Ltd
    6.4.7 Evonik Industries AG
    6.4.8 Hitachi Chemical Co. Ltd
    6.4.9 Hitech Industries FZE
    6.4.10 Kimteks
    6.4.11 Momentive
    6.4.12 Novaresine SRL
    6.4.13 Koninklijke DSM N.V.
    6.4.14 Sir Industriale SpA
    6.4.15 Stepan Company
    6.4.16 The Nippon Synthetic Chemical Industry Co. Ltd (Nippon Gohsei)

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Increasing Usage of Saturated Polyester Resins Due to Low VOC Emissions

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