LONDON, Oct. 27, 2016 /PRNewswire/ -- "The saturated
polyester resin market is projected to register a CAGR of 5.83%
during the forecast period"
The global saturated polyester resin market is projected to reach
USD 4.77 billion by 2021, registering
a CAGR of 5.83% from 2016 to 2021. The market is witnessing
moderate growth owing to increasing applications, technological
advancements, and growing demand for saturated polyester resin in
Asia-Pacific and Europe. Saturated polyester resins are largely
used in powder coating applications. Rapid growth of the saturated
polyester resin market is driven by environmental concerns and
increasing stringent regulations.
"Liquid saturated polyester resin to dominate the saturated
polyester resin market"
Liquid saturated polyester resins are primarily used for coil &
can coatings and other uses, such as industrial paints, automotive
paints, and 2k PU coatings. The growing demand for trim, soffit,
fascia, other aluminum products, and commercial construction
products, such as metal roofing, cladding, and HVAC equipment is
driving the coil coatings market, which in turn drives the demand
for liquid saturated polyester resin.
"Asia-Pacific: The largest market
for saturated polyester resin"
Asia-Pacific accounted for the
largest share in the saturated polyester resin market in 2015.
Factors, such as the need to reduce VOC emissions, huge and
increasing addressable population base, rapidly growing
construction activities, and increase in number of automobiles,
wooden furniture, and other electronic appliances are driving the
powder coatings market in Asia-Pacific, which in turn drives the
saturated polyester resin market in the region.
This study has been validated through primaries conducted with
various industry experts worldwide. These primary sources have been
divided into three categories, namely, by company, by designation,
and by region.
- By Company Type- Tier 1- 45%, Tier 2- 35%, and Tier 3- 20%
- By Designation- C Level- 35%, D Level- 25%, and Others- 40%
- By Region- North America- 45%,
Asia-Pacific- 20%, Europe- 30%, and RoW- 5%
Companies profiled in the report
-Royal DSM N.V. (Netherlands)
-Allnex Belgium SA/NV (Belgium)
-Arkema S.A. (France)
-Nuplex Industries (New
Zealand)
-Stepan Company (U.S.)
-Evonik Industries (Germany)
-Nippon Gohsei (Japan)
-Covestro AG (Germany)
-Megara Resins (Anastassios Fanis
S.A.) (Greece)
Reasons to buy the report
-Comprehensive coverage and analysis of the saturated polyester
resin market in Asia-Pacific,
Europe, North America, and RoW
-Competitive landscape of major players and their developments in
the saturated polyester resin market
-A list of VOC regulations driving the market in key countries and
regions
-Identifying high-potential opportunities for saturated polyester
resin
-Identifying and targeting high-growth application segments
Download the full report:
https://www.reportbuyer.com/product/3782623/
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that
provides all market research reports from top publishers
http://www.reportbuyer.com
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: query@reportbuyer.com
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/saturated-polyester-resin-market-by-type--application--and-by-region---global-forecasts-to-2021-300353250.html
SOURCE ReportBuyer