Liquid Saturated Polyester Resin Market Segments by Application (Can & Coil Coatings, Automotive Coatings, 2K PU Coatings and Others); By End-Use (Food & Beverages, Industrial, Construction, Automotive and Others); and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030
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Product Overview
Saturated polyester resin in which the polyester backbone is saturated is termed as liquid saturated polyester resin. Saturated polyester is less reactive in comparison to unsaturated polyester resins. These unveil low molecular weight and can be utilized as a prominent reactant and plasticizers in the manufacturing of urethane polymers.
Market Highlights
Global Liquid Saturated Polyester Resin Market is expected to project a notable CAGR of 4.2% in 2030.
As per analysis, the global liquid polyester resin market is anticipated to register a significant growth during forecast period, 2021-2030. The Global Liquid Polyester Resin Market value is estimated at US$2.83 billion in 2020 and is expected to grow at a CAGR of 4.2% during the forecast period of 2021-2030 to reach US$4.89 billion in 2030. This growth is anticipated due Increase in demand for consumer goods in various regions across the globe which will create a worldwide demand for Liquid Saturated Polyester Resin. Soaring demand of liquid saturated polyester resin from packaging industry which comprises of cans, container and boxes is projected to drive the growth of the global market.
Global Liquid Saturated Polyester Resin Market: Segments
Can & Coil Coatings segment to grow with the highest CAGR during 2020-30
Global Liquid Saturated Polyester Resin Market is bifurcated by application into Can & Coil Coatings, Automotive Coatings, 2K PU Coatings and Others. Among these, can & coil coatings segment held the largest market share of 34.5% in the year 2020. As per the Analysis, can and coil coatings is the most dominant segment and thus, is expected to rise at a CAGR of 4.8% during the forecast period. Coil and can coating is applied on rolled metal strip continuously which consists either one-sided or two-sided, multiple or single application of (liquid) paints or coating powders that are later laminated with cleaning, permanent plastic films, primer coat application, chemical pretreatment, curing, second curing, recoilers etc.
Market Dynamics
Drivers
Proliferating demand for consumer goods
Increase in demand for consumer goods in various regions across the globe is driving the growth of the global market. Besides, escalating automotive production and sales accompanied, a rising consumption of automotive paints and coatings is anticipated to impel the growth of the global market.
Restraint
Environmental concerns
Liquid polyester resins impose adverse impacts on the environment due to the emission of the harmful chemical at the time of their manufacturing process which restricts the growth of the global market. The liquid polyester resins have strong styrene odor and the toxic nature of its fumes, especially of the catalyst, MEKP which imposes a safety risk demanding proper protection.
Global Liquid Saturated Polyester Resin Market: Key Players
• Unitika Ltd
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
• SK Chemicals Co., Ltd.
• Royal DSM N.V.
• TOYOBO CO. LTD.
• Evonik Industries
• Stepan Company
• Arkema S.A.
• Covestro AG
• Thai Urethane Plastic Co., Ltd.
• Nippon Gohsei
• Other Prominent Players
Global Liquid Saturated Polyester Resin Market: Regions
Global Liquid Saturated Polyester Resin Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific and the Middle East and Africa.
As per our estimates, Asia-Pacific’s Liquid Saturated Polyester Resin Market value is estimated at $1.09 billion in 2020 and anticipated to grow at a CAGR of 4.2% during the forecast period of 2021-2030. Rising demand from numerous applications such as automotive, construction and general manufacturing accelerates the demand for liquid polyester resins. Demand for liquid saturated polyester resin is anticipated to rise across various countries such as China, Japan, South Korea, and India due to expansion of end use industries and rising customer base in the region. Easy availability of low-cost labor and raw material, stringent regulatory framework are a few factors aiding the growth of the market in the region.
Global Liquid Saturated Polyester Resin Market report also contains analysis on:
Liquid Saturated Polyester Resin Market Segments:
• By Application
o Can & Coil Coatings
o Automotive Coatings
o 2K PU Coatings
o Others
• By End-User
o Food & Beverages
o Industrial
o Construction
o Automotive
o Others
• Liquid Saturated Polyester Resin Market Dynamics
• Liquid Saturated Polyester Resin Market Size
• Supply & Demand
• Market Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints
Contents
1. Executive Summary
2. Global Liquid Saturated Polyester Resin Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Global Liquid Saturated Polyester Resin Market Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Global Liquid Saturated Polyester Resin Market
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global Liquid Saturated Polyester Resin Market: Market Segmentation
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Application: Market Share (2020-2030F)
12.2.1. Can & Coil Coatings, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Automotive Coatings, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. 2K PU Coatings, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.4. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.5. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By End-User: Market Share (2020-2030F)
12.3.1. Food & Beverages, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Industrial, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.3. Construction, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.4. Automotive, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.5. Other, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13 Company Profile
13.1. Unitika Ltd
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. SK Chemicals Co., Ltd.
13.3. Royal DSM N.V.
13.4. TOYOBO CO. LTD.
13.5. Evonik Industries
13.6. Stepan Company
13.7. Arkema S.A.
13.8. Covestro AG
13.9. Thai Urethane Plastic Co., Ltd.
13.10. Nippon Gohsei
13.11. Other Prominent Players
14 Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Research Methodology:
Liquid Saturated Polyester Resin Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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