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Report Highlights
The global market for polyester resin is expected to grow from $13.0 billion in 2024 and is projected to reach $16.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.0% during the forecast period of 2024 to 2029.
Report Includes
- 51 data tables and 48 additional tables
- Analyses of the global market trends for the polyester resin industry, with revenue data for 2023, estimates for 2024, forecasts for 2025 and projected CAGRs through 2029
- Estimates of the market size and revenue growth prospects, along with a market share analysis by resin type, form, end use and region
- Facts and figures pertaining to the market dynamics, technical advances, regulations and the impact of macroeconomic factors
- Insights derived from the Porter’s Five Forces model, as well as global supply chain and PESTLE analyses
- An analysis of patents, emerging technologies and other developments in the industry
- Analysis of the industry structure, including companies’ market shares and rankings, strategic alliances, M&A activity and a venture funding outlook
- Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, and the ESG scores and practices of leading companies
- Company profiles, including INEOS, BASF, Mitsubishi Chemical Group Corp., Covestro AG and Eastman Chemical Co.
Report Scope
The report presents a comprehensive explanation and quantitative analysis of the polyester resin market. It includes details about polyester resin's forms, types and end-use industries. The report comprises a regional analysis of the markets in North America, Europe, Asia-Pacific and the rest of the world. Polyester resin's versatility makes it attractive to the global market because these materials are used in applications such as paints and coatings, adhesives, pipes, storage tanks and other waterproofing linings. Polyester resins possess characteristics such as toughness and rigidity, excellent thermal stability and resistance to corrosion and chemical compounds. The increasing application of polyester resin in various fields with its associative properties indicate the significant potential in the global market.
For this analysis, the global markets for polyester resin were segmented into the following categories:
- Type: unsaturated polyester resin, saturated polyester resin, alkyd resin and vinyl ester resin.
- Forms: liquid and solid.
- End use: building and construction, process industries, transportation, marine, electronics and electricals and others.
This report will also cover the global polyester resin market’s trends, strategies and current dynamics, highlighting the rising demand for polyester resins, ESG developments by key manufacturers and a competitive assessment of companies operating within the market. The report also offers company profiles of the major global manufacturers in this market. The polyester resin market is also analyzed from international and regional perspectives to understand the industry’s growth potential.
This report provides market estimates and sizes in terms of value ($ millions) and market forecasts are given for 2024 through 2029, with 2023 serving as the base year. Regional-level market sizes, with respect to segmentation, are also provided.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||||||||
| Forecast period considered | 2024-2029 | ||||||||||||||||
| Base year market size | $12.5 billion | ||||||||||||||||
| Market size forecast | $16.6 billion | ||||||||||||||||
| Growth rate | CAGR of 5.0% for the forecast period of 2024-2029 | ||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||
| Segments covered | Type, Form, End Use, and Region | ||||||||||||||||
| Regions covered | North America, Asia-Pacific, Europe, and Rest of the World (RoW) | ||||||||||||||||
| Countries covered | U.S., Canada, Mexico, France, Germany, the U.K., Italy, Spain, Japan, India, China, South America, Middle East, and Africa | ||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Rising demand from construction and automotive industries.
- Growing innovations in composite technology.
- Increasing demand from coating applications.
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BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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Report Highlights
The global polyester resin market should reach $20.0 billion by 2026 from $14.9 billion in 2020 at a compound annual growth rate (CAGR) of 5.1% for the forecast period of 2020 to 2026.
Report Includes
- 35 data tables and 27 additional tables
- An overview of the global polyester resin market and description of its applications in various sectors
- Estimation of the market size and analyses of global market trends, with data from 2019, estimates for 2020 and projections of compound annual growth rates (CAGRs) through 2026
- Impact analysis of COVID-19 pandemic on polyester resins market and highlights of the new products and technologies within the industry
- Analysis of market trends and explanation of factors driving and restraining the growth and a relevant patent analysis
- Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies
- Comprehensive company profiles of major players of the industry, including Alchemie Ltd., BASF SE, Deltech Corp., Mechemco Resins Pvt., Ltd., Polynt SpA and SABIC
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