Polyester Resins Market
                     Polyester Resins 
Market To Reach USD 
15.33 Billion By 2027 
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The growing urban population and rise in the composite industry are driving the demand 
for the polyester resins market.
Market Size – USD 9.82 Billion in 2019, Market Growth - CAGR of 5.7%, Market trends – 
Expansion of the construction industry.
The global Polyester Resins market is forecasted to be worth USD 15.33 Billion by 2027, 
according to a new report by Reports and Data. The market for the polyester resin is witnessing 
an increased demand owing to the high demand from industrial, construction, automotive, 
commercial, and marine industries. A surge in the rate of adoption of electric automotive by 
businesses and consumers is also encouraging the demand for polyester resins. With the growth 
in demand for energy efficiency of automotive, manufacturers are using polyester resins based 
plastics. Reduction in the styrene content and low shrinkage make polyester resin an eco-friendly 
alternative. A rise in the health concern in industrial activities are also propelling the market 
demand. The low content of styrene in the polymer resins is reducing the harmful effect of the 
poisonous gas, thus limiting the carbon emissions and increasing the safety standards.
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Market Summary
Beneficial Aspects of the Report:
The COVID-19 has impacted the market demand significantly. The resins are also applicable in the marine 
industry. The majority of workboats, yachts, and dinghies are composed of polyester resins. The flexibility 
and strength of the resins are more resistant to tearing, and the fabrics are used to make carpeting, ropes, 
and other consumer products. The distribution of Covid-19's has influenced industrial activities 
worldwide. Over the weeks, the market has experienced a downturn that can continue in the coming 
months. The virus led to the implementation of lockdown, which disrupted the industry of the polyester 
resins as the chemical sector witnessed a collapse in several regions. China is the major manufacturer and 
largest consumer of the resins, and the imposition of lockdown in the country has affected the production 
globally. The high reliance on the industry in the Chinese producers have exposed more cracks in the 
polyester resins market.
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Market Summary
Some of the key players operating in the Market include: 
Ashland Inc., Polynt, BASF SE, Reichhold Inc., Royal DSM, AOC LLC, Nuplex Industries Ltd., UPC 
Technology Corp., Scott Bader Company Ltd., and U-Pica Company Ltd., among others.
Type Outlook (Revenue, USD Billion; 2017-2027)
Orthophthalic Resins
Dicyclopentadiene (Dcpd) Resins
Isophthalic Resins
Others
Terephthalic Resins
Gelcoat Resins
Chlorendic Resins
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Market Summary
Further key findings from the report suggest
End Users Outlook (Revenue, USD Billion; 2017-2027)
Building & Construction
Marine
Pipes & Tanks
Land Transportation
Electrical & Electronics
Artificial Stones
Wind Energy
Others
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