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    Liquid Saturated Polyester Resin Market

    ID: MRFR/CnM/2997-HCR
    137 Pages
    Anshula Mandaokar
    September 2025

    Liquid Saturated Polyester Resin Market Research Report Information- by Application (Flexible & Rigid Packaging, Automotive Paints, Can & Coil Coating, Industrial Paints, and others) and by Region- Forecast till 2032

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    Liquid Saturated Polyester Resin Market Research Report - Forecast till 2032 Infographic
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    Table of Contents

    Liquid Saturated Polyester Resin Market Summary

    As per Market Research Future Analysis, the Liquid Saturated Polyester Resin Market was valued at USD 3.38 billion in 2023 and is projected to grow to USD 4.89 billion by 2032, with a CAGR of 4.20% from 2024 to 2032. This resin type is characterized by its low molecular weight and is utilized in various applications including automotive paints, industrial paints, and flexible packaging. The market is driven by factors such as increasing demand from the packaging industry, rapid industrialization, and urbanization in emerging economies. Asia Pacific is expected to lead the market growth, followed by North America and Europe, despite regulatory challenges in these regions.

    Key Market Trends & Highlights

    Key trends influencing the Liquid Saturated Polyester Resin Market include:

    • Market Size in 2023: USD 3.38 billion
    • Projected Market Size by 2032: USD 4.89 billion
    • CAGR during 2024-2032: 4.20%
    • Asia Pacific to grow at the highest CAGR due to rising demand in construction and automotive sectors

    Market Size & Forecast

    2023 Market Size USD 3.38 billion
    2024 Projected Market Size USD 3.52 billion
    2032 Projected Market Size USD 4.89 billion
    CAGR (2024-2032) 4.20%

    Major Players

    Key players include Royal DSM N.V., Evonik Industries, The Nippon Synthetic Chemical Industry Co., Ltd, Stepan Company, Arkema S.A., Allnex Group, Hitachi Chemical Co., Ltd, Thai Urethane Plastic Co., Ltd., NOVARESINE SRL, Karna Paints, and Worlee-Chemie GmbH.

    Liquid Saturated Polyester Resin Market Trends

    The Global Liquid Saturated Polyester Resin Market is poised for growth, driven by increasing demand in various end-use industries such as automotive and construction, which suggests a robust trajectory for future applications.

    U.S. Department of Commerce

    Liquid Saturated Polyester Resin Market Drivers

    Market Growth Projections

    The Global Liquid Saturated Polyester Resin Market Industry is projected to experience substantial growth in the coming years. With an estimated market value of 3.52 USD Billion in 2024, the industry is expected to reach 5.53 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate (CAGR) of 4.2% from 2025 to 2035. The increasing demand across various sectors, including automotive, construction, and electronics, coupled with advancements in production technologies, suggests a robust market environment. These projections highlight the potential for investment and innovation within the liquid saturated polyester resin sector.

    Rising Environmental Regulations

    The Global Liquid Saturated Polyester Resin Market Industry is also influenced by the increasing stringency of environmental regulations. Governments worldwide are implementing stricter guidelines regarding the use of volatile organic compounds (VOCs) and other harmful substances in manufacturing processes. Liquid saturated polyester resins, known for their lower VOC emissions compared to traditional resins, are becoming a preferred choice for manufacturers seeking compliance. This trend not only supports market growth but also aligns with the global push towards sustainability and eco-friendly practices, indicating a shift in consumer preferences towards greener alternatives.

    Growing Demand from Automotive Sector

    The automotive industry is a significant driver for the Global Liquid Saturated Polyester Resin Market Industry, as manufacturers increasingly utilize these resins for their lightweight and durable properties. The shift towards electric vehicles, which require advanced materials for better performance and efficiency, further propels this demand. In 2024, the market is projected to reach 3.52 USD Billion, with the automotive sector accounting for a substantial portion of this growth. As the industry evolves, the need for high-performance coatings and adhesives derived from liquid saturated polyester resins is likely to increase, indicating a robust future for this segment.

    Expansion in Construction Applications

    The construction sector is experiencing a notable expansion, which is likely to positively impact the Global Liquid Saturated Polyester Resin Market Industry. These resins are increasingly employed in coatings, adhesives, and sealants due to their excellent weather resistance and durability. As urbanization accelerates globally, the demand for high-quality construction materials rises, suggesting a favorable outlook for liquid saturated polyester resins. The market is expected to grow at a CAGR of 4.2% from 2025 to 2035, reflecting the increasing adoption of these materials in various construction applications, thereby enhancing the overall market landscape.

    Increasing Applications in Electronics

    The electronics sector is emerging as a vital contributor to the Global Liquid Saturated Polyester Resin Market Industry, as these resins are utilized in various applications, including insulation and encapsulation materials. The growing demand for consumer electronics, coupled with the need for reliable and durable materials, is likely to drive market growth. As electronic devices become more compact and complex, the requirement for high-performance resins that can withstand thermal and mechanical stresses increases. This trend suggests a promising future for liquid saturated polyester resins, as they become integral to the electronics manufacturing process.

    Technological Advancements in Resin Production

    Technological innovations in the production of liquid saturated polyester resins are driving efficiency and sustainability within the Global Liquid Saturated Polyester Resin Market Industry. Advanced manufacturing processes, such as the use of bio-based feedstocks and improved polymerization techniques, are enhancing the performance characteristics of these resins. This shift not only reduces environmental impact but also meets the growing consumer demand for sustainable products. As manufacturers adopt these technologies, the market is poised for growth, with projections indicating a rise to 5.53 USD Billion by 2035, showcasing the potential of innovation in shaping market dynamics.

    Market Segment Insights

    Regional Insights

    Key Companies in the Liquid Saturated Polyester Resin Market market include

    Industry Developments

    • Q2 2024: Arkema inaugurates new polyester resin production line in France Arkema announced the opening of a new production line dedicated to liquid saturated polyester resins at its facility in France, aiming to meet growing demand in the European coatings market.
    • Q1 2024: DSM launches bio-based liquid saturated polyester resin for powder coatings DSM introduced a new bio-based liquid saturated polyester resin designed for powder coatings, targeting sustainability and low-VOC applications in industrial and architectural sectors.
    • Q2 2024: Covestro expands partnership with Chinese manufacturer for polyester resin supply Covestro announced an expanded supply agreement with a leading Chinese manufacturer to secure raw materials for its liquid saturated polyester resin production, strengthening its position in the Asia-Pacific market.
    • Q3 2024: BASF appoints new head of polyester resin business unit BASF named Dr. Anna Müller as the new head of its polyester resin business unit, signaling a strategic focus on innovation and sustainability in resin development.
    • Q1 2025: INEOS completes acquisition of specialty polyester resin assets in Germany INEOS finalized the acquisition of specialty liquid saturated polyester resin assets from a German competitor, expanding its product portfolio for coatings and adhesives.
    • Q2 2025: Eastman Chemical opens new R&D center for polyester resin innovation Eastman Chemical inaugurated a new research and development center focused on liquid saturated polyester resin technologies, aiming to accelerate product development for sustainable applications.
    • Q2 2024: Mitsubishi Chemical Group announces strategic investment in polyester resin capacity Mitsubishi Chemical Group revealed a multi-million dollar investment to expand its liquid saturated polyester resin production capacity in Japan, targeting growth in electronics and automotive sectors.
    • Q3 2024: Covestro launches new high-performance liquid saturated polyester resin for industrial coatings Covestro introduced a new high-performance liquid saturated polyester resin designed for industrial coatings, offering improved durability and chemical resistance.
    • Q4 2024: BASF secures major contract for supply of liquid saturated polyester resin to European automotive OEM BASF signed a multi-year contract to supply liquid saturated polyester resin to a leading European automotive manufacturer, supporting lightweight and sustainable vehicle components.
    • Q1 2025: DSM partners with global packaging company for sustainable polyester resin solutions DSM entered a strategic partnership with a global packaging company to develop sustainable liquid saturated polyester resin solutions for food and beverage packaging.
    • Q2 2025: Arkema receives regulatory approval for new polyester resin plant in India Arkema obtained regulatory clearance to construct a new liquid saturated polyester resin manufacturing facility in India, aiming to serve the growing South Asian market.
    • Q3 2025: Eastman Chemical wins contract to supply polyester resin for solar panel encapsulation Eastman Chemical secured a contract to supply liquid saturated polyester resin for use in solar panel encapsulation, supporting renewable energy infrastructure projects.

    Future Outlook

    Liquid Saturated Polyester Resin Market Future Outlook

    The Liquid Saturated Polyester Resin Market is projected to grow at a 4.2% CAGR from 2024 to 2035, driven by increasing demand in automotive and construction sectors.

    New opportunities lie in:

    • Invest in R&D for bio-based polyester resins to meet sustainability demands.
    • Expand production capabilities in emerging markets to capture growing demand.
    • Develop innovative applications in coatings and adhesives for diverse industries.

    By 2035, the market is expected to achieve substantial growth, reflecting evolving industry needs and technological advancements.

    Market Segmentation

    Report Scope

    Attribute/Metric Details
    Market Size 2023 USD 3.38 Billion
    Market Size 2024 USD 3.52 Billion
    Market Size 2032  USD 4.89 Billion
      CAGR   4.20% (2024-2032)
      Base Year   2023
      Forecast Period   2024 to 2032
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   By Application and Region
      Geographies Covered   Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa
      Key Vendors   Royal DSM N.V. (the Netherlands), Evonik Industries (Germany), The Nippon Synthetic Chemical Industry Co.,Ltd (Japan), Stepan Company (U.S.), Arkema S.A. (France), Allnex Group (Belgium), Hitachi Chemical Co., Ltd (Japan), Thai Urethane Plastic Co.,Ltd. (Thailand), NOVARESINE SRL (Italy), Karna Paints (India), Worlee-Chemie GmbH (Germany)
      Key Market Opportunities   They provide excellent durability and superior adhesion
      Key Market Drivers   Growing awareness, strict regulations for VOC emissions, and excellent performance

     

    Market Highlights

    Author
    Anshula Mandaokar
    Team Lead - Research

    Anshula Mandaokar holds an academic degree in Chemical Engineering and has been contributing to the field for more than 5 years. She has expertise in Market Research and Business Consulting and serves as a Team Lead for a reputed Market Research firm under the Chemicals and Materials domain spectrum. She has worked on multiple projects, generating explicit results in a quick turnaround time. Her understanding of data interpretation justifies her role as a leader.

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    FAQs

    What is the forecast period of Liquid Saturated Polyester Resin Market research report?

    The forecast period for Liquid Saturated Polyester Resin Market research report is 2024-2032.

    Which region will lead the Liquid Saturated Polyester Resin Market?

    Liquid Saturated Polyester Resin Market is dominated by APAC region.

    Who are the key players in the Liquid Saturated Polyester Resin Market?

    Some of the prominent players operating in the global liquid saturated polyester resin market are Royal DSM N.V. (the Netherlands), Evonik Industries (Germany), The Nippon Synthetic Chemical Industry Co.,Ltd (Japan), Stepan Company (U.S.), Arkema S.A. (France), Allnex Group (Belgium), Hitachi Chemical Co., Ltd (Japan), Thai Urethane Plastic Co.,Ltd. (Thailand), NOVARESINE SRL (Italy), Karna Paints (India), Worlee-Chemie GmbH (Germany), and others

    1.     Executive Summary  
    2.     Scope of the Report    
      1.     Market Definition    
    3.  Scope of the Study    
      1.     Research
    4. Objectives    
      1.     Assumptions & Limitations  
      2.     Markets Structure    
    5.     Market Research Methodology    
    6.  Research Process    
      1.     Secondary Research  
      2.     Primary Research    
    7.  Forecast Model    
    8.     Market Landscape  
      1.     Five Forces Analysis    
    9.  Threat of New Entrants    
      1.     Bargaining
    10. power of buyers    
      1.     Threat of substitutes  
        1.     Segment rivalry    
    11.  Value Chain/Supply Chain of Global Liquid Saturated Polyester Resin Market  
    12.     Industry Overview of Global Liquid Saturated
    13. Polyester Resin Market    
      1.     Introduction  
      2.     Growth Drivers    
    14.  Impact analysis    
      1.     Market Challenges  
      2.     Impact analysis     
    15.  Market Trends    
      1.     Introduction  
      2.     Growth Trends    
    16.  Impact analysis    
    17.   Global Liquid Saturated
    18. Polyester Resin Market by Application
      1.     Introduction
      2.     Flexible & Rigid Packaging
        1. Market Estimates
    19. & Forecast, 2020-2027
      1. Market Estimates & Forecast by Region,
      2.     Automotive Paints
        1. Market Estimates
    20. & Forecast, 2020-2027
      1. Market Estimates & Forecast by Region,
      2.     Can & Coil Coating
        1. Market Estimates
    21. & Forecast, 2020-2027
      1. Market Estimates & Forecast by Region,
      2.     Industrial Paints
        1. Market Estimates
    22. & Forecast, 2020-2027
      1. Market Estimates & Forecast by Region,
      2.        Others
        1. Market Estimates
    23. & Forecast, 2020-2027
      1. Market Estimates & Forecast by Region,
    24.     Global Liquid Saturated Polyester Resin
    25. Market by Region     
      1.     Introduction
      2.     North America
        1. Market Estimates & Forecast,
        2. Market Estimates & Forecast by Application, 2020-2027
        3.     US
    26.  Canada
      1. Market Estimates & Forecast, 2020-2027
    27. Market Estimates & Forecast by Application, 2020-2027
      1.     Europe
        1. Market Estimates & Forecast, 2020-2027
        2. Market Estimates &
    28. Forecast by Application, 2020-2027
      1.     Germany
    29. Market Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast
    30. by Application, 2020-2027
      1.     France
        1. Market
    31. Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast
    32. by Application, 2020-2027
      1.     Italy
        1. Market
    33. Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast
    34. by Application, 2020-2027
      1.     Spain
        1. Market
    35. Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast
    36. by Application, 2020-2027
      1.     UK
        1. Market Estimates
    37. & Forecast, 2020-2027
      1. Market Estimates & Forecast by Application,
      2.     Asia Pacific
        1. Market Estimates &
    38. Forecast, 2020-2027
      1. Market Estimates & Forecast by Application, 2020-2027
        1.     China
    39.  India
      1. Market Estimates & Forecast, 2020-2027
    40. Market Estimates & Forecast by Application, 2020-2027
    41.  Japan
      1. Market Estimates & Forecast, 2020-2027
    42. Market Estimates & Forecast by Application, 2020-2027
    43.  Australia
      1. Market Estimates & Forecast, 2020-2027
    44. Market Estimates & Forecast by Application, 2020-2027
    45.  New Zealand
      1. Market Estimates & Forecast, 2020-2027
    46. Market Estimates & Forecast by Application, 2020-2027
    47.  Rest of Asia Pacific
      1. Market Estimates & Forecast, 2020-2027
        1. Market Estimates & Forecast by Application, 2020-2027
    48.  Middle East & Africa 
      1. Market Estimates & Forecast,
        1. Market Estimates & Forecast by Application, 2020-2027
        2. Turkey
    49. Market Estimates & Forecast by Application, 2020-2027
      1. Israel 
        1. Market Estimates & Forecast, 2020-2027
    50. & Forecast by Application, 2020-2027
      1. North Africa 
    51. Market Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast
    52. by Application, 2020-2027
      1. GCC
        1. Market Estimates & Forecast,
        2. Rest of Middle East & Africa 
    53. Forecast, 2020-2027
      1. Market Estimates & Forecast by Application,
      2.     Latin America
        1. Market Estimates &
    54. Forecast, 2020-2027
      1. Market Estimates & Forecast by Application, 2020-2027
        1. Brazil 
        2. Argentina 
    55. & Forecast by Application, 2020-2027
      1. Rest of Latin America 
        1. Market Estimates & Forecast, 2020-2027
    56. & Forecast by Application, 2020-2027
    57. Company Landscape
    58.     Company Profiles    
    59.  Royal DSM N.V.
      1.     Company Overview
    60.  Product/Business Segment Overview
      1.     Financial
    61. Updates
      1.     Key Developments
      2.     Evonik Industries
        1.     Company
    62. Overview
      1.     Product/Business Segment Overview
    63.  Financial Updates
      1.     Key Developments
      2.     The Nippon Synthetic Chemical Industry Co.,Ltd
    64.  Company Overview
      1.     Product/Business Segment Overview
        1.     Financial Updates
        2.     Key Developments
      2.    Stepan Company
        1.     Company Overview
        2.     Product/Business Segment Overview
    65.  Financial Updates
      1.     Key Developments
      2.     Arkema S.A.
        1.     Company Overview
        2.     Product/Business Segment Overview
    66.  Financial Updates
      1.     Key Developments
      2.     Allnex Group
        1.     Company Overview
        2.     Product/Business Segment Overview
    67.  Financial Updates
      1.     Key Developments
      2.     Hitachi Chemical Co., Ltd
        1.     Company
    68. Overview
      1.     Product/Business Segment Overview
    69.  Financial Updates
      1.     Key Developments
      2.     Thai Urethane Plastic Co., Ltd
    70.  Company Overview
      1.     Product/Business Segment Overview
        1.     Financial Updates
        2.     Key Developments
      2.     NOVARESINE SRL
        1.     Company Overview
        2.     Product/Business Segment Overview
    71.  Financial Updates
      1.     Key Developments
    72.  Karna Paints
      1.     Company Overview
    73.   Product/Business Segment Overview
      1.      Financial
    74. Updates
      1.     Key Developments
      2.     Worlee-Chemie
    75. GmbH
      1.     Company Overview
    76. Product/Business Segment Overview
      1.      Financial Updates
        1.      Key Developments
    77.     Conclusion  
    78.  World Population by Major Regions (2020-2027) 
    79.      Global Liquid Saturated Polyester Resin Market: By Region,
    80. Liquid Saturated Polyester Resin Market: By Country, 2020-2027  
    81.         Europe Liquid Saturated Polyester Resin Market:
    82. By Country, 2020-2027  
    83. Liquid Saturated Polyester Resin Market: By Country, 2020-2027  
    84.         Middle East & Africa Liquid Saturated
    85. Polyester Resin Market: By Country, 2020-2027  
    86.  Latin America Liquid Saturated Polyester Resin Market: By Country, 2020-2027
    87. Polyester Resin by Application Market: By Regions, 2020-2027  
    88.      North America Liquid Saturated Polyester Resin by Application
    89.  Market: By Country, 2020-2027  
    90. Liquid Saturated Polyester Resin by Application Market: By Country, 2020-2027  
    91.  Market: By Country, 2020-2027  
    92. East & Africa Liquid Saturated Polyester Resin by Application  Market:
    93. By Country, 2020-2027  
    94. Saturated Polyester Resin by Application  Market: By Country, 2020-2027  
    95. By Country  
    96. Polyester Resin Market, By Application
    97. Saturated Polyester Resin Market, By Country  
    98. Liquid Saturated Polyester Resin Market, By Application
    99.  Asia-Pacific: Liquid Saturated Polyester Resin Market, By Country  
    100. By Application
    101. Saturated Polyester Resin Market, By Country  
    102. East & Africa: Liquid Saturated Polyester Resin Market, By Application  
    103. By Country  
    104. Polyester Resin Market, By Application
    105. Global Liquid Saturated Polyester Resin Market
    106. Global Liquid Saturated Polyester Resin Market
    107. Liquid Saturated Polyester Resin Market in 2020, by country (in %)
    108.   Global Liquid Saturated Polyester Resin Market, 2020-2027,
    109.   Sub segments of Application
    110. Polyester Resin Market size by Application, 2020
    111. Liquid Saturated Polyester Resin Market by Application, 2020 to 2027

    Liquid Saturated Polyester Resin Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Liquid Saturated Polyester Resin Market Research Report - Forecast till 2032 Infographic
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