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Report
Polyester Resin: Global Markets
Market Research Report I 2025-03-12 I 124 Pages I BCC Research
Description
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 Includes
- 51 data tables and 48 additional tables
- Analyses of the global market trends for polyester resin industry, with historic 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 trends and 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.
Executive Summary
Summary:
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.
The polyester resin market is experiencing significant growth driven by increasing demand across various industries, particularly in construction, automotive and marine applications. The growing use of lightweight and durable materials in the automotive industry and the continued growth of infrastructure projects in developing countries are generating greater demand for fiber-reinforced plastics and highstrength products typical for construction.
In addition to traditional applications, the polyester resin market is experiencing a shift towards sustainability. Manufacturers are more inclined to develop biobased unsaturated polyester resins. They are incorporating recycled products and this is mainly being encouraged by increased awareness of the environment and legal marketing forces towards reducing carbon footprints. This is expanding the market significantly toward eco-friendly polyester resins that align with global initiatives to make the manufacturing process more sustainable. Among other sectors, the construction sector has been exploiting innovations to meet the demand for sustainability without compromising performance.
Innovative technologies are significantly changing the landscape of the polyester resin market. Advanced composite materials and specially formulated resin types enable more advanced applications, such as in aerospace, renewable energy and engineering. For instance, many key companies like DIC CORP., Eastman Chemical Co., Eternal Materials Co. Ltd. and Polynt S.p.A, among others, are investing in R&D to create high-performance polyester resins with improved mechanical properties, thermal stability and reductions in environmental impact.
In addition, biobased polyester produced from renewable sources, such as plant biomass, is drawing the attention of many manufacturers who are developing greener alternatives to those derived from petroleum-derived formulations. Integrating additive manufacturing technologies, i.e., 3D printing, further expands polyester resins' ability to develop complex products with significantly reduced waste. The 3D printing industry is anticipated to grow rapidly, thus increasing the need for such generalpurpose materials as unsaturated polyester resins, which can be modified for specific applications.
Table of Contents
Chapter 1 Executive Summary
Market Outlook
Scope of Report
Market Summary
Chapter 2 Market Overview
Market Definition
Porter's Five Forces Analysis
Bargaining Power of Buyers: Moderate
Bargaining Power of Suppliers: Low
Threat of New Entrants: Low
Threat of Substitutes: Moderate
Competition in the Industry: High
Supply Chain Analysis
Raw Materials and Suppliers
Manufacturing and Processing
Distribution and Sales
End User
Price Trend of Polyester Resin
Import-Export Analysis
Chapter 3 Market Dynamics
Market Dynamics
Market Drivers
Rising Demand from Construction and Automotive Industries
Growing Innovations in Composite Technology
Increasing Demand for Coating Applications
Market Restraints
Stringent Environmental Regulations for Polyester Resin
Recycling and Waste Management
Market Maturity for Polyester Resin
Market Opportunities
Growing Surge for Biobased and Sustainable Polyester Resin
Expansion into Renewable Energy
Chapter 4 Emerging Technologies and Developments
New Technologies
Polyester Resin in 3D Printing Applications
Advanced Formulations and Functionalization of Polyester Resin Composites
Patent Analysis
Patent Analysis Based on Country of Origin
Patent Analysis Based on Year Issued
Chapter 5 Market Segmentation Analysis
Segmentation Breakdown
Market Analysis by Type
Unsaturated Polyester Resin
Saturated Polyester Resin
Alkyd Resin
Vinyl Ester Resin
Market Analysis by Form
Liquid
Solid
Market Analysis by End Use
Building and Construction
Process Industries
Transportation
Marine
Electronics and Electricals
Others
Geographic Breakdown
Market Analysis, by Region
North America
Europe
Asia-Pacific
Rest of the World
Chapter 6 Competitive Intelligence
Industry Structure
Market Share Analysis
Strategic Analysis
Merger and Acquisition Analysis
Chapter 7 Sustainability in the Polyester Resin Industry: An ESG Perspective
Key ESG Issues in the Polyester Resin Sector
Polyester Resin Industry ESG Performance Analysis
Current Status of ESG in the Polyester Resin Market
ESG Score Analysis
Risk Scale, Exposure Scale and Management Scale
Concluding Remarks from BCC Research
Chapter 8 Appendix
Methodology
Sources
References
Abbreviations
Company Profiles
ALLNEX GMBH
AOC
BASF
COVESTRO AG
DIC CORP.
EASTMAN CHEMICAL CO.
ETERNAL MATERIALS CO. LTD.
EVONIK INDUSTRIES AG
INEOS
INTERPLASTIC CORP.
LERG S.A.
MITSUBISHI CHEMICAL GROUP CORP.
ORGI CHEMIE LLC.
POLYNT S.P.A.
QUALIPOLY CHEMICAL CORP.
List of Tables
Summary Table : Global Polyester Resin Market, by Region, Through 2029
Table 1 : Top 10 Country Importers for HS Code: 390791 Unsaturated Polyallyl Esters and Other Polyesters, in Primary Forms, 2021-2023
Table 2 : Top 10 Country Exporters for HS Code: 390791 Unsaturated Polyallyl Esters and Other Polyesters, in Primary Forms, 2021-2023
Table 3 : Top 10 Country Importers for HS Code: 390799 Saturated Polyesters in Primary Forms, 2021-2023
Table 4 : Top 10 Country Exporters for HS Code: 390799 Saturated Polyesters in Primary Forms, 2021-2023
Table 5 : Top 10 Country Importers for HS Code: 390750 Alkyd Resins, in Primary Forms, 2021-2023
Table 6 : Top 10 Country Exporters for HS Code: 390750 Alkyd resins, in Primary Forms, 2021-2023
Table 7 : Regulatory Bodies in the Global Resin Market
Table 8 : Patents Related to Polyester Resin, by Assignee Country, 2022 and 2023
Table 9 : Patents in Polyester Resin, 2022-2024
Table 10 : Global Polyester Resin Market, by Type, Through 2029
Table 11 : Global Polyester Resins Market for Unsaturated Polyester Resins, by Region, Through 2029
Table 12 : Global Polyester Resins Market for Saturated Polyester Resins, by Region, Through 2029
Table 13 : Global Polyester Resins Market for Alkyd Resins, by Region, Through 2029
Table 14 : Global Polyester Resins Market for Vinyl Ester Resins, by Region, Through 2029
Table 15 : Global Polyester Resins Market, by Form, Through 2029
Table 16 : Global Liquid Polyester Resins Market, by Region, Through 2029
Table 17 : Global Solid Polyester Resins Market, by Region, Through 2029
Table 18 : Global Polyester Resin Market, by End Use, Through 2029
Table 19 : Global Polyester Resins Market for Building and Construction, by Region, Through 2029
Table 20 : Global Polyester Resin Market for Process Industries, by Region, Through 2029
Table 21 : Global Polyester Resin Market for Transportation, by Region, Through 2029
Table 22 : Global Polyester Resin Market for Marine, by Region, Through 2029
Table 23 : Global Polyester Resin Market for Electronics and Electricals, by Region, Through 2029
Table 24 : Global Polyester Resin Market for Others, by Region, Through 2029
Table 25 : Global Polyester Resin Market, by Region, Through 2029
Table 26 : North American Polyester Resin Market, by Country, Through 2029
Table 27 : North American Polyester Resin Market, by Type, Through 2029
Table 28 : North American Polyester Resin Market, by Form, Through 2029
Table 29 : North American Polyester Resin Market, by End Use, Through 2029
Table 30 : European Polyester Resin Market, by Country, Through 2029
Table 31 : European Polyester Resin Market, by Type, Through 2029
Table 32 : European Polyester Resin Market, by Form, Through 2029
Table 33 : European Polyester Resin Market, by End Use, Through 2029
Table 34 : Asia-Pacific Polyester Resin Market, by Country, Through 2029
Table 35 : Asia-Pacific Polyester Resin Market, by Type, Through 2029
Table 36 : Asia-Pacific Polyester Resin Market, by Form, Through 2029
Table 37 : Asia-Pacific Polyester Resin Market, by End Use, Through 2029
Table 38 : RoW Polyester Resin Market, by Sub-Region, Through 2029
Table 39 : RoW Polyester Resin Market, by Type, Through 2029
Table 40 : RoW Polyester Resin Market, by Form, Through 2029
Table 41 : RoW Polyester Resin Market, by End Use, Through 2029
Table 42 : Mergers and Acquisitions in the Global Polyester Resin Market, 2022 and 2023
Table 43 : Environmental Performance
Table 44 : Social Performance
Table 45 : Governance Performance
Table 46 : ESG Score: Polyester Resin Market
Table 47 : Report Information Sources
Table 48 : Abbreviations Used in This Report
Table 49 : Allnex GMBH: Company Snapshot
Table 50 : Allnex GMBH: Financial Performance, FY 2022 and 2023
Table 51 : Allnex GMBH: Product Portfolio
Table 52 : Allnex GMBH: News/Key Developments, 2022-2024
Table 53 : AOC: Company Snapshot
Table 54 : AOC: Product Portfolio
Table 55 : AOC: News/Key Developments, 2024
Table 56 : BASF: Company Snapshot
Table 57 : BASF: Financial Performance, FY 2022 and 2023
Table 58 : BASF: Product Portfolio
Table 59 : BASF: News/Key Developments, 2023
Table 60 : Covestro AG: Company Snapshot
Table 61 : Covestro AG: Financial Performance, FY 2022 and 2023
Table 62 : Covestro AG: Product Portfolio
Table 63 : Covestro AG: News/Key Developments, 2024
Table 64 : DIC CORP.: Company Snapshot
Table 65 : DIC CORP.: Financial Performance, FY 2022 and 2023
Table 66 : DIC CORP.: Product Portfolio
Table 67 : DIC CORP.: News/Key Developments, 2024
Table 68 : Eastman Chemical Co.: Company Snapshot
Table 69 : Eastman Chemical Co.: Financial Performance, FY 2022 and 2023
Table 70 : Eastman Chemical Co.: Product Portfolio
Table 71 : Eastman Chemical Co.: News/Key Developments, 2024
Table 72 : Eternal Materials Co. Ltd.: Company Snapshot
Table 73 : Eternal Materials Co. Ltd.: Financial Performance, FY 2022 and 2023
Table 74 : Eternal Materials Co. Ltd.: Product Portfolio
Table 75 : Eternal Materials Co. Ltd.: News/Key Developments, 2024
Table 76 : Evonik Industries AG: Company Snapshot
Table 77 : Evonik Industries AG: Financial Performance, FY 2022 and 2023
Table 78 : Evonik Industries AG: Product Portfolio
Table 79 : INEOS: Company Snapshot
Table 80 : INEOS: Financial Performance, FY 2022 and 2023
Table 81 : INEOS: Product Portfolio
Table 82 : Interplastic Corp.: Company Snapshot
Table 83 : Interplastic Corp.: Product Portfolio
Table 84 : LERG SA.: Company Snapshot
Table 85 : LERG SA.: Product Portfolio
Table 86 : Mitsubishi Chemical Group Corp.: Company Snapshot
Table 87 : Mitsubishi Chemical Group Corp.: Financial Performance, FY 2022 and 2023
Table 88 : Mitsubishi Chemical Group Corp.: Product Portfolio
Table 89 : Mitsubishi Chemical Group Corp.: News/Key Developments, 2024
Table 90 : Orgi Chemie LLC.: Company Snapshot
Table 91 : Orgi Chemie LLC.: Product Portfolio
Table 92 : Polynt S.p.A.: Company Snapshot
Table 93 : Polynt S.p.A.: Financial Performance, FY 2022 and 2023
Table 94 : Polynt S.p.A.: Product Portfolio
Table 95 : Polynt S.p.A.: News/Key Developments, 2024
Table 96 : Qualipoly Chemical Corp.: Company Snapshot
Table 97 : Qualipoly Chemical Corp.: Financial Performance, FY 2022 and 2023
Table 98 : Qualipoly Chemical Corp.: Product Portfolio
List of Figures
Summary Figure : Global Polyester Resin Market, by Region, 2023-2029
Figure 1 : Porter's Five Forces Analysis for the Polyester Resin Market
Figure 2 : Polyester Resin Market: Supply Chain Analysis
Figure 3 : Market Dynamics of Polyester Resin
Figure 4 : Global Registrations or Sales of New Vehicles, by Region, 2021-2023
Figure 5 : Global Polyester Resin Market Shares, by Type, 2023
Figure 6 : Global Polyester Resins Market Shares for Unsaturated Polyester Resins, by Region, 2023
Figure 7 : Global Polyester Resins Market Shares for Saturated Polyester Resins, by Region, 2023
Figure 8 : Global Polyester Resins Market Shares for Alkyd Resins, by Region, 2023
Figure 9 : Global Polyester Resins Market Shares for Vinyl Ester Resins, by Region, 2023
Figure 10 : Global Polyester Resins Market Shares, by Form, 2023
Figure 11 : Global Liquid Polyester Resins Market Shares, by Region, 2023
Figure 12 : Global Solid Polyester Resins Market Shares, by Region, 2023
Figure 13 : Global Polyester Resin Market Shares, by End Use, 2023
Figure 14 : Global Polyester Resins Market Shares for Building and Construction, by Region, 2023
Figure 15 : Global Polyester Resins Market Shares for Process Industries, by Region, 2023
Figure 16 : Global Polyester Resins Market Shares for Transportation, by Region, 2023
Figure 17 : Global Polyester Resins Market Shares for Marine, by Region, 2023
Figure 18 : Global Polyester Resins Market Shares for Electronics and Electricals, by Region, 2023
Figure 19 : Global Polyester Resins Market Shares for Others, by Region, 2023
Figure 20 : Global Polyester Resin Market Shares, by Region, 2023
Figure 21 : North American Polyester Resin Market Shares, by Country, 2023
Figure 22 : North American Polyester Resin Market Shares, by Type, 2023
Figure 23 : North American Polyester Resin Market Shares, by Form, 2023
Figure 24 : North American Polyester Resin Market Shares, by End Use, 2023
Figure 25 : European Polyester Resin Market Shares, by Country, 2023
Figure 26 : European Polyester Resin Market Shares, by Type, 2023
Figure 27 : European Polyester Resin Market Shares, by Form, 2023
Figure 28 : European Polyester Resin Market Shares, by End Use, 2023
Figure 29 : Asia-Pacific Polyester Resin Market Shares, by Country, 2023
Figure 30 : Asia-Pacific Polyester Resin Market Shares, by Type, 2023
Figure 31 : Asia-Pacific Polyester Resin Market Shares, by Form, 2023
Figure 32 : Asia-Pacific Polyester Resin Market Shares, by End Use, 2023
Figure 33 : RoW Polyester Resin Market Shares, by Sub-Region, 2023
Figure 34 : RoW Polyester Resin Market Shares, by Type, 2023
Figure 35 : RoW Polyester Resin Market Shares, by Form, 2023
Figure 36 : RoW Polyester Resin Market Shares, by End Use, 2023
Figure 37 : Global Polyester Resin Market Shares, by Company, 2023
Figure 38 : ESG Perspective
Figure 39 : Allnex GMBH: Revenue Shares, by Country/Region, FY 2023
Figure 40 : BASF: Revenue Shares, by Business Unit, FY 2023
Figure 41 : BASF: Revenue Shares, by Country/Region, FY 2023
Figure 42 : Covestro AG: Revenue Shares, by Business Unit, FY 2023
Figure 43 : Covestro AG: Revenue Shares, by Region, FY 2023
Figure 44 : DIC CORP.: Revenue Shares, by Business Unit, FY 2023
Figure 45 : DIC CORP.: Revenue Shares, by Region, FY 2023
Figure 46 : Eastman Chemical Co.: Revenue Shares, by Business Unit, FY 2023
Figure 47 : Eastman Chemical Co.: Revenue Shares, by Country/Region, FY 2023
Figure 48 : Eternal Materials Co. Ltd.: Revenue Shares, by Business Unit, FY 2023
Figure 49 : Eternal Materials Co. Ltd.: Revenue Shares, by Region, FY 2023
Figure 50 : Evonik Industries AG: Revenue Shares, by Business Unit, FY 2023
Figure 51 : Evonik Industries AG: Revenue Shares, by Country/Region, FY 2023
Figure 52 : INEOS: Revenue Shares, by Business Unit, FY 2023
Figure 53 : INEOS: Revenue Shares, by Region, FY 2023
Figure 54 : Mitsubishi Chemical Group Corp.: Revenue Shares, by Business Unit, FY 2023
Figure 55 : Polynt S.p.A.: Revenue Shares, by Business Unit, FY 2023
Figure 56 : Polynt S.p.A.: Revenue Shares, by Country/Region, FY 2023
Figure 57 : Qualipoly Chemical Corp.: Revenue Shares, by Business Unit, FY 2023
Figure 58 : Qualipoly Chemical Corp.: Revenue Shares, by Country/Region, FY 2023
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