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Saturated Polyester Resin Market - Global Industry Analysis

Saturated Polyester Resin Market (Solid Saturated Polyester Resin And Liquid Saturated Polyester Resin) For Coil & Can Coatings, Flexible Packaging, Industrial Paints, 2k Pu Coatings, Automotive Paints And Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends And Forecast, 2020-2028

Published Date: 10-Aug-2021 Category: Chemical & Materials Report Format : PDF Pages: 150 Report Code: ZMR-165 Status : Published

The global Saturated Polyester Resin Market accounted for USD 39.77 Billion in 2020 and is expected to reach USD 56.07 Billion by 2028, growing at a CAGR of 4.3% from 2021 to 2028.

Description

Market Overview   

The global Saturated Polyester Resin Market accounted for USD 39.77 Billion in 2020 and is expected to reach USD 56.07 Billion by 2028, growing at a CAGR of 4.3% from 2021 to 2028.    

Rapid industrialization and modernization witnessed across developing nations and escalating need for manufacturing eco-friendly products will propel the saturated polyester resin market growth within the near future. Besides, growing preference for Bisphenol A free also as epoxy free coatings including escalating demand for saturated polyester resin from developing economies will lucratively leverage the saturated polyester resin market growth over the forthcoming years. High manufacturing costs of the merchandise as compared to other resin types, however, will impede the expansion of the saturated polyester resin market within the near future. Nevertheless, strict government legislations on VOC emissions resulting in large-scale acceptance of environment-friendly technologies substituting solvent-borne coatings will enhance the saturated polyester resin market demand, normalizing the impact of hindrances on the saturated polyester resin market expansion, reports the study.

Global Saturated Polyester Resin Market Size

COVID-19 Impact Analysis:

Due to government-imposed lockdowns to prevent the spreading of COVID, the global Resin industry has seen a small decrease in revenues in the short term. Because of the increasing infections and curbs, sales of Resin are likely to suffer across the globe. Owing to the pandemic, paints & coatings, adhesives, composites, and electronic encapsulation industries have been shut down across all economies, potentially reducing the production and its usage. However, amid the pandemic, there has been a surge in product demand for applications such as paints and coating, and electronic encapsulation, which in turn, provides an opportunity post covid. Various scenarios have been analyzed based on inputs from various secondary sources and the current data available about the situation.

Growth Factors

The global saturated polyester resin market is expected to witness significant growth over the forecast period. Global industrial and consumer demand is expected to be the key factor for the market growth over the next seven years. Various properties such as weather, humidity, and heat resistance along with excellent finish provided by many coatings are expected to drive the market demand.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Segment Analysis Preview

The main types available in the global saturated polyester resin market are solid saturated polyester resin and liquid saturated polyester resin. Among the two, the demand for the liquid saturated polyester resin is relatively higher and the trend is anticipated to remain so over the next few years. Some of the widespread applications of saturated polyester resin are coil & can coatings, flexible packaging, industrial paints, 2k Pu coatings, automotive paints, and other applications. 

Global Saturated Polyester Resin Market Share

Regional Analysis Preview 

Geographically, Asia Pacific has been leading the worldwide saturated polyester resin market and is anticipated to continue on the dominant position in the years to come, states the market study. The elevated product consumption in plethora of industrial applications is the main factor behind the dominance of the APAC saturated polyester resin market. Countries such as India, Japan, and China are likely to be key regional revenue pockets over the coming years, subject to exponential growth of power coatings sector in these regions.

Global Saturated Polyester Resin Market Regional Analysis

Key Market Players & Competitive Landscape

Key participants profiled in the report include Nuplex Industries Ltd., Royal DSM N.V., Nippon Gohsei, Allnex Belgium SA/NV, Evonik Industries, Arkema S.A., Covestro AG, Stepan Company, Megara Resins, Hangzhou Sino French, Bayer Coatings and Hitachi Chemicals among others are some of the major players in the saturated polyester resin market.

The global Saturated Polyester Resin Market are segmented as follows:  

By Type

  • Solid saturated polyester resin
  • Liquid saturated polyester resin

By Application 

  • Coil & can coatings
  • Flexible packaging
  • Industrial paints
  • 2k Pu coatings
  • Automotive paints
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Saturated Pulyester Resin Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Saturated Pulyester Resin Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 4.2. Sulid saturated pulyester resin
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Liquid saturated pulyester resin
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Saturated Pulyester Resin Market –Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. Coil & can coatings
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Industrial paints
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4 Automotive paints
      • 5.4.1. Market Size and Forecast, By Region (USD Billion)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Others
      • 5.5.1. Market Size and Forecast, By Region (USD Billion)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 Saturated Pulyester Resin Market – Region Segment Analysis
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.2.2. North America Market Revenue, By Type, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Application, 2016 – 2028
      • 6.2.5. U.S.
        • 6.2.5.1. U.S. Market Revenue, By Type, 2016 – 2028
        • 6.2.5.2. U.S. Market Revenue, By Application, 2016 – 2028
      • 6.2.6. Canada
        • 6.2.6.1. Canada Market Revenue, By Type, 2016 – 2028
        • 6.2.6.2. Canada Market Revenue, By Application, 2016 – 2028
      • 6.2.7. Mexico
        • 6.2.7.1. Mexico Market Revenue, By Type, 2016 – 2028
        • 6.2.7.2. Mexico Market Revenue, By Application, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.3.2. Europe Market Revenue, By Type, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By Application, 2016 – 2028
      • 6.3.5. Germany
        • 6.3.5.1. Germany Market Revenue, By Type, 2016 – 2028
        • 6.3.5.2. Germany Market Revenue, By Application, 2016 – 2028
      • 6.3.6. France
        • 6.3.6.1. France Market Revenue, By Type, 2016 – 2028
        • 6.3.6.2. France Market Revenue, By Application, 2016 – 2028
      • 6.3.7. U.K.
        • 6.3.7.1. U.K. Market Revenue, By Type, 2016 – 2028
        • 6.3.7.2. U.K. Market Revenue, By Application, 2016 – 2028
      • 6.3.8. Italy
        • 6.3.8.1. Italy Market Revenue, By Type, 2016 – 2028
        • 6.3.8.2. Italy Market Revenue, By Application, 2016 – 2028
      • 6.3.9. Spain
        • 6.3.9.1. Spain Market Revenue, By Type, 2016 – 2028
        • 6.3.9.2. Spain Market Revenue, By Application, 2016 – 2028
      • 6.3.10. Rest of Europe
        • 6.3.10.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
        • 6.3.10.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 6.4.5. China
        • 6.4.5.1. China Market Revenue, By Type, 2016 – 2028
        • 6.4.5.2. China Market Revenue, By Application, 2016 – 2028
      • 6.4.6. Japan
        • 6.4.6.1. Japan Market Revenue, By Type, 2016 – 2028
        • 6.4.6.2. Japan Market Revenue, By Application, 2016 – 2028
      • 6.4.7. India
        • 6.4.7.1. India Market Revenue, By Type, 2016 – 2028
        • 6.4.7.2. India Market Revenue, By Application, 2016 – 2028
      • 6.4.8. South Korea
        • 6.4.8.1. South Korea Market Revenue, By Type, 2016 – 2028
        • 6.4.8.2. South Korea Market Revenue, By Application, 2016 – 2028
      • 6.4.9. South-East Asia
        • 6.4.9.1. South-East Asia Market Revenue, By Type, 2016 – 2028
        • 6.4.9.2. South-East Asia Market Revenue, By Application, 2016 – 2028
      • 6.4.10. Rest of Asia Pacific
        • 6.4.10.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
        • 6.4.10.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.5.2. Latin America Market Revenue, By Type, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By Application, 2016 – 2028
      • 6.5.5. Brazil
        • 6.5.5.1. Brazil Market Revenue, By Type, 2016 – 2028
        • 6.5.5.2. Brazil Market Revenue, By Application, 2016 – 2028
      • 6.5.6. Argentina
        • 6.5.6.1. Argentina Market Revenue, By Type, 2016 – 2028
        • 6.5.6.2. Argentina Market Revenue, By Application, 2016 – 2028
      • 6.5.7. Rest of Latin America
        • 6.5.7.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
        • 6.5.7.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.5. GCC Countries
        • 6.6.5.1. GCC Countries Market Revenue, By Type, 2016 – 2028
        • 6.6.5.2. GCC Countries Market Revenue, By Application, 2016 – 2028
      • 6.6.6. South Africa
        • 6.6.6.1. South Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.6.2. South Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.7. Rest of Middle-East Africa
        • 6.6.7.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.7.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
  • Chapter No. 7: Saturated Pulyester Resin Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. By Application Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8: Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Saturated Pulyester Resin Market: Company Market Share, 2019
      • 8.1.2. Global Saturated Pulyester Resin Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 8.1.3. Global Saturated Pulyester Resin Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Saturated Pulyester Resin Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9: Company Profile
    • 9.1. Nuplex Industries Limited
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfulio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. Royal DSM N.V.
    • 9.3. Nippon Gohsei
    • 9.4. Allnex Belgium SA/NV
    • 9.5. Evonik Industries
    • 9.6. Arkema S.A.
    • 9.7. Covestro AG
    • 9.8. Stepan Company
    • 9.9. Megara Resins
    • 9.10. Hangzhou Sino French
  • Chapter No. 10: Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11: Research Methodulogy
    • 11.1. Research Methodulogy
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Saturated Polyester Resin market. Zion Research has collected and analyzed key data belong to the global Saturated Polyester Resin market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Saturated Polyester Resin across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the Saturated Polyester Resin industry. Primary research makes up a major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Saturated Polyester Resin market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Polyesters are the group of polymers obtained from the condensation reaction between polyols and acid. The saturated polyester resin contains terminal hydroxyl groups. The saturated polyester resin contains terminal hydroxyl groups which are mostly utilized in the coatings industry.  The saturated polyester resin is generally combined with amino cross-linking resin for producing paint system, or it is mixed with polyisocyanate to form a two-component polyurethane system which is used as room-temperature-curing.

The saturated polyester resin is heat resistant, water, and humidity resistance. Therefore, saturated polyester resins find its application in several industries such as in paint and coating industries which are expected to drive the market   growth in the coming years. Growing industrial sector is expected to spur the growth of the market in the coming years. Stringent regulations imposed by the governing bodies on VOC emissions have led to the development of eco-friendly technologies which are replacing solvent-borne coatings. This, in turn, may foster the demand for saturated polyester resin. However, the environmental concern due to the emission of the harmful chemical at the time of manufacturing of saturated polyester resin may restrict the growth of saturated polyester resin market. Also, the high cost of production as compared to other resins may hinder the market growth. Nevertheless, increasing demand for BPA (Bisphenol A) free and epoxy free coating along with growing demand for saturated polyester resin from the emerging countries is likely to positively impact on saturated polyester resin market in the coming years.

Global Saturated Polyester Resin Market

On the basis of types, the saturated polyester resin market can be segmented as solid saturated polyester resin and liquid saturated polyester resin. Liquid saturated polyester resin emerged as the potent segment among all in 2015 owing to its extensive usage in the coating industry as automotive paints and industrial paints. Numerous applications of saturated polyester resins are coil & can coatings, flexible packaging, industrial paints, 2k PU (polyurethane) coatings, automotive paints and other applications. The coating was the leading segment of the market in 2015 with a significant market share. Saturated polyester resin possesses properties such as weather resistance, high impact strength and holds good adhesion, therefore, they are highly utilized in the coating industry. This factor has led to the increase in demand for saturated polyester resin which in turn is expected to drive the demand for the market in the near future.

Asia Pacific is witnessing predominant growth for the saturated polyester resin in recent times and is to gain traction in the forecast period. A large number of consumers from India and China along with rapidly growing power coating industry, in turn, is expected to result in the growth of saturated polyester resin market. Europe is the second largest market for saturated polyester resin followed by North America in 2015. This is mainly due high demand for saturated polyester resin in U.S and Germany. Latin America is anticipated to experience decent growth over the coming years. The Middle East and Africa are likely to exhibit lucrative growth in the forecast period.

Some of the global major players in the saturated polyester resin are Nuplex Industries Ltd., Royal DSM N.V., Nippon Gohsei, Allnex Belgium SA/NV, Evonik Industries, Arkema S.A., Covestro AG, Stepan Company, Megara Resins, Hangzhou Sino French, Bayer Coatings and Hitachi Chemicals among others.


Frequently Asked Questions

The global Saturated Polyester Resin Market was valued at USD 39.77 Billion in 2020.

The global Saturated Polyester Resin Market is expected to reach USD 56.07 Billion by 2028, growing at a CAGR of 4.3% between 2021 to 2028.

Global industrial and consumer demand is expected to be the key factor for the market growth over the next seven years. Various properties such as weather, humidity, and heat resistance along with excellent finish provided by many coatings are expected to drive the market demand

The Asia Pacific in 2020 ruled the Saturated Polyester Resin Market and was believed to be the highest income-generating area all over the globe.  

Key participants profiled in the report include Nuplex Industries Ltd., Royal DSM N.V., Nippon Gohsei, Allnex Belgium SA/NV, Evonik Industries, Arkema S.A., Covestro AG, Stepan Company, Megara Resins, Hangzhou Sino French, Bayer Coatings and Hitachi Chemicals among others are some of the major players in the saturated polyester resin market.

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