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.
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
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.