Regardless of a company’s size or income, the most recent research report from Quadintel offers a thorough analysis of the global Saturated Polyester Resin Market for the years 2023–2030.
The global market report provides statistics and information on the evolution of the investment structure, technological advancements, industry trends and developments, market players’ capabilities, and in-depth details on the major market players. The analysis also includes a summary of the global market strategies that have been implemented in light of the industry’s present and future conditions.
An overview of the Saturated Polyester Resin Market, the current state of the industry, market trends, significant market participants, product type, application, and geography are provided at the beginning of the study. It also covers how COVID-19 has affected market participants, end-user industries, future predictions, growth potential, and worldwide market trends.
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Market Overview:
Global Saturated Polyester Resin Market is valued approximately USD 4.77 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.83% over the forecast period 2022-2029.
Saturated polyester resin offers exceptional flexibility and hardness and is created when polybasic acids and polyols react. It is mostly used in the coating of cans, rolled steel, non-stick frying pans, ink, glue, PET coil, metallic baked paint, such as car paint, and other items. The Saturated Polyester Resin market is growing because of factors such as rising demand form the Packaging Industry, high performance due to superior mechanical properties and rapid industrialization. Thus, creates the lucrative demand for the market during forecast period.
According to Packaging Industry Association of India (PIAI), in 2019, the Indian packaging market was valued USD 50.5 billion and is anticipated to reach USD 204.81 billion by 2025. As a result, growing packaging industry will create lucrative demand for the Saturated polyester resin because it is widely used in packaging industry. Also, environmental concerns, growing awareness, and stringent regulations providing opportunities for the market growth However, the high cost of saturated polyester resin relatively than other competitive resins stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Saturated Polyester Resin Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific dominated the space in terms of revenue, owing to the growing demand from construction, packaging, and paints and coatings industry. Europe is expected to grow significantly during the forecast period, owing to factors such as rising demand from packaging industry and environmental concerns.
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Major market players included in this report 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),
- Megara Resins (Anastassios Fanis S.A.)
- CIECH SA
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Liquid saturated polyester resin
Solid saturated polyester resin
By Application:
Powder Coatings
Industrial Paints
Coil & Can Coatings
Automotive Paints
Flexible Packaging
2k PU Coatings
Other Applications
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the market opportunities, market risk, and market overview of this industry?
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