Sales Estimate of Global Waterborne Polyester Resins Market to Experience Progressive Growth Till 2021
Albany, NY -- (SBWire) -- 07/10/2017 --A large number of industrial chemicals are used for various purposes in different fields. Polyester resin is one of the most widely used chemicals in marine and auto industry. Recently, a new study on waterborne polyester resins has been prepared, which analyzes that several factors are currently pushing this market ahead in terms of growth in demand as well as production volumes. To examine market trends, current developments in resins technologies and the consolidation that has been taking place in the industry, this study titled "Global Waterborne Polyester Resins Sales Market Report 2017" has been published to the online repository of Market Research Hub (MRH). The report provides professional and key statistics on the current state of the industry. The study provides forecast between 2017 and 2022 based on volume (kilo tons) and revenue (US$ Mn) with 2016 as the base year.
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Firstly, the report defines the analysis of the waterborne polyester resin market that describes the product overview as well as scope. Polyester resins are the unsaturated resins formed by the reaction of dibasic organic acids and polyhydric alcohols. It is mainly used by engineer, architects, builders and designers as it is weather proof and light in weight. The report further describes the types of polyester resins, which are Saturated and Non Saturated. Of these, saturated polyester resins are in high demand because it is used as a source of strength in various construction materials due to its lightweight attribute. It is mixed with acrylic to make cabinet fixtures and assembled shower stalls.
Further, the report also covers the segmentation of the market globally; it segments the market on the basis of its type, applications and regions. Geographical segmentation includes some key regions such as North America, Europe, Southeast Asia, China, Japan and Asia. This report also derives information on import/export consumption, supply and demand, cost, revenue and gross margins in given regions. Major applications of waterborne polyester resins market include Architectural, Automotive and others. As per the findings, the global Waterborne Polyester Resins market has performed well in 2016, in terms of value and is anticipated to grow at a remarkable CAGR between 2016 and 2022.
It has also been analyzed that increasing stringent regulations on VOC emissions leading to the development of eco-friendly technologies, such as powder coatings and waterborne coatings, are replacing solvent-borne coatings. This, in turn, drives the demand for saturated polyester resin, as they are one of the principal resin systems for powder coatings, and show high performance owing to superior mechanical properties. Furthermore, projections on production, consumption, revenue, market share, growth rate and import/export in these regions from 2012 to 2017 are offered in the report.
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The competitive landscape of the global waterborne polyester resins sales market is then examined in the report by profiling the leading manufacturers operating in the market. Key players profiled in the study include DSM, Bayer, Worthen Industries, Allnex, Shuaike Chemical, Evonik, YGHD, BASF, DIC and CGC. For each player, company profiles include aspects such as company overview, brand summary, key competitors, business overview, business strategies, recent/key developments, achievements and financial overview.
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