Saturated Polyester Resins Market - Forecasts from 2025 to 2030

The saturated polyester resins market is expected to grow at a CAGR of 5.22%, reaching a market size of US$7.18 billion in 2030 from US$5.57 billion in 2025.

The saturated polyester resins market growth is being fueled by the growing demand from the coating industry and advancements in packaging solutions.

This resin has characteristics like versatility, weather resistance, chemical resistance, hardness, and color retention. The increased usage of smart devices such as smartphones, tablets, and laptops has led to the emergence of the e-commerce industry, which is expected to drive the market over the forecast period. E-commerce heavily relies on flexible as well as rigid packaging. The growing access to digital infrastructure and training is helping small business owners become more capable of leveraging e-commerce. The demand for packaging material is increasing rapidly.

Further, in the automotive coatings sector, the rise in automobile production with the need for aesthetically pleasing finishes has significantly boosted the demand for these resins.

According to the IEA (International Energy Agency), the sale of BEV (Battery Electric Vehicles) has risen from 4.7 million in 2021 to 7.3 million in 2022 and reached 9.5 million in 2023. The sale of PHEVs (Plug-In Hybrid Electric Vehicles) has increased by 1.9 million in 2021, to 2.9 million in 2022, and reached 4.3 million in 2023.

According to the German Electrical and Electronic Manufacturers' Association, the global electric market is expected to be € 5.7 trillion, € 6.2 trillion in 2023, and € 6.4 trillion in 2024. The sectors leading to the growth are automation, power engineering, electrical installation systems, and medical engineering.

What are the saturated polyester resin market drivers

• Increasing demand from the packaging industry

Saturated polyester resins have been used in the packaging industry in multiple applications, such as combining them with glass fiber reinforcement to create fiberglass and industrial coatings. These coating raw materials are suitable for producing coatings with very good adhesion, offering optimum flexibility, formability, and surface hardness. By developing saturated polyesters, Evonik offers DYNAPOL, which is suitable for stampable and deep drawable coatings. A wide range of products is available for various requirements of the paint and coating industry. DYNAPOL polyester resins are mainly used for stoving enamels in combination with amino resins. DYNAPOL grades can also be used to manufacture industrial coatings.

According to the International Trade Administration, the B2B e-commerce market will be valued at USD$36 trillion by 2026. Heavy industries such as advanced manufacturing, energy, and healthcare, among others, drive the market for the B2B sales value. With the growing e-commerce market, the demand for saturated polyester resins would also expand for application in the packaging industry.

Saturated polyester resin market geographical outlooks

• The saturated polyester resins market is segmented into five regions worldwide

By geography, the saturated polyester resins market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The major economies like China, Japan, India, and South Korea dominate the Asia-Pacific region. Some of the fastest-growing emerging economies are from this region, such as ASEAN countries.

The Asia Pacific region is expected to see the fastest growth in the saturated polyester resins market due to increasing applications in the packaging industry.

The region is witnessing rapid development in the e-commerce segment. According to Invest India, the annual growth rate of e-commerce is expected to be 18% through 2025. By 2030, India is anticipated to emerge as the third-largest consumer market globally. North America is expected to have a significant market share for saturated polyester resins due to its major utilization in electronics, automotive, and other industrial uses.

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Report Coverage:

• Historical data & forecasts from 2022 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The saturated polyester resins market is analyzed into the following segments:

• By Type

Liquid Saturated Polyester Resin

Solid Saturated Resin

By Application

• Powder Coatings
• Coil and Can Coatings
• Automotive Paints
• Packaging
• Industrial Paints
• Others

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Rest of South America
• Europe
• United Kingdom
• Germany
• France
• Italy
• Spain
• Rest of Europe
• Middle East and Africa
• Saudi Arabia
• UAE
• Rest of the Middle East and Africa
• Asia Pacific
• China
• India
• Japan
• South Korea
• Taiwan
• Thailand
• Indonesia
• Rest of Asia-Pacific