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The liquid saturated polyester resin market is expected to grow from USD 2.83 billion in 2020 to USD 4.89 billion by 2030, driven by rising demand in packaging and automotive sectors. This growth reflects a CAGR of 4.2%, supported by increasing consumer goods and industrial applications.<br>
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Global Liquid Polyester Resin Market Set to Grow to USD 4.89 Billion by 2030, Driven by Rising Demand in Packaging and Automotive Sectors |Fatpos Global Fatpos Global has released its comprehensive market analysis report titled “Liquid Saturated Polyester Resin Market- Analysis of Market Size, Share & Trends for 2021 – 2030” The global liquid polyester resin market is anticipated to expand significantly, reaching USD 4.89 billion by 2030, up from USD 2.83 billion in 2020. This growth represents a compound annual growth rate (CAGR) of 4.2% from 2021 to 2030. The increase in market value is attributed to rising demand across various industries, including packaging, automotive, and industrial applications. The global liquid polyester resin market is also benefiting from changing consumer preferences and heightened awareness of environmental issues. As consumers and industries shift towards products with lower volatile organic compound (VOC) content, the demand for more sustainable and environmentally friendly materials like liquid polyester resin is rising. The anticipated growth is also driven by the increasing consumption of consumer goods across various regions, which is creating a robust demand for packaging materials. The trend towards sustainability and eco-friendly products is expected to further drive the adoption of liquid polyester resins in diverse applications. Request for Sample PDF: https://www.fatposglobal.com/sample-request/liquid-saturated-polyester- resin-market-679 The report segments the Liquid Saturated Polyester Resin Market as follows: By Application Can & Coil Coatings Automotive Coatings 2K PU Coatings By End-User Food & Beverages Industrial Construction Automotive Market Dynamics: Read More: https://www.fatposglobal.com/reports/liquid-saturated-polyester-resin-market-679
The surge in demand for consumer goods across various regions is significantly contributing to the market’s growth. The automotive sector, in particular, is experiencing rising production and sales, which is boosting the need for automotive paints and coatings that utilize liquid saturated polyester resins. This trend is expected to drive the market forward as manufacturers seek durable and high- performance materials. Additionally, rapid industrialization and urbanization are playing a key role in propelling the market. Liquid saturated polyester resins are extensively used in industrial coil coatings, and the expansion of general industries such as steel, chemical, consumer goods, and fertilizer is set to influence demand patterns positively. The ongoing construction boom in both developing and developed nations, including investments in universities, stadiums, hospitals, and residential buildings, further supports market growth. The paints and coatings industry’s expansion is also expected to provide new momentum to the market. Restraints: Despite the positive growth outlook, the liquid polyester resin market faces challenges related to environmental concerns. The manufacturing process of liquid polyester resins emits harmful chemicals, including styrene and toxic fumes from catalysts like MEKP. These emissions pose environmental and safety risks, including atmospheric pollution and fire hazards. The need for proper protection and mitigation measures to address these issues may restrict market growth. Key Market Drivers and Trends Liquid saturated polyester resin, characterized by a fully saturated polyester backbone, is less reactive than unsaturated polyester resins. This type of resin is known for its low molecular weight and is utilized as a key reactant and plasticizer in the production of urethane polymers. Its superior adhesion and durability make it an ideal choice for a wide range of applications, including automotive paints, can and coil coatings, industrial paints, and flexible and rigid packaging. The packaging industry, in particular, is a major driver of market growth. The increasing demand for cans, containers, and boxes is propelling the need for liquid saturated polyester resin. Additionally, the resin is applied in anti-corrosion coatings for iron and steel structures, often in combination with epoxy-based primers, further supporting market expansion. Inquiry Before Buying: https://www.fatposglobal.com/report-contact/liquid-saturated-polyester- resin-market-679 Key Market Players The report identifies several key players in the Liquid Saturated Polyester Resin Market, including: SK Chemicals Co., Ltd. Read More: https://www.fatposglobal.com/reports/liquid-saturated-polyester-resin-market-679
Royal DSM N.V. TOYOBO CO. LTD. Evonik Industries Stepan Company Arkema S.A. Covestro AG Thai Urethane Plastic Co., Ltd. Nippon Gohsei Regional Analysis The market analysis covers key geographical regions: North America Latin America Europe Asia Pacific Middle East and Africa Market Insights and Forecasts Fatpos Global's latest market study provides an impartial analysis of the Liquid Saturated Polyester Resin Market, featuring historical demand data and forecasts from 2021 to 2030. This study offers invaluable insights into the market's growth trajectory, helping stakeholders make informed decisions. About Us: An acronym for “Failures Are the Pillar of Success”, FATPOS Global has grown to become an end-to- end market intelligence firm. At FATPOS Global, we have emerged to become a reliable market research and management consulting company that caters to non-profits, corporations, and government agencies. Our aim is to help organizations make the right decisions backed by reliable data, in order to help them meet their growth goals. Industry research reports offered by the company are designed to offer quantifiable information integrated with key industry insights. FATPOS aims at extending necessary data with the main aim of ensuring sustainable organizational development. Innovation and value creation have always been at the forefront of our strategies. Our analysts are ace statisticians and well-versed in developing variable matrices and work with industry experts to extend accurate and rational solutions. Contact Us: Address: 74/1, Bindal Chowk, Paltan Bazaar, Dehradun, Uttarakhand 248001, India Contact No: +91 (135) 3501691 Email: info@fatposglobal.com Web: https://www.fatposglobal.com/ Read More: https://www.fatposglobal.com/reports/liquid-saturated-polyester-resin-market-679