Saturated Polyester Resins

Saturated Polyester Resins

Global Saturated Polyester Resins (SPR) Market to Reach $8.1 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Saturated Polyester Resins (SPR) estimated at US$6.2 Billion in the year 2020, is projected to reach a revised size of US$8.1 Billion by 2027, growing at aCAGR of 3.8% over the period 2020-2027. Liquid, one of the segments analyzed in the report, is projected to record 4.4% CAGR and reach US$4.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Solid segment is readjusted to a revised 3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 6.6% CAGR

The Saturated Polyester Resins (SPR) market in the U.S. is estimated at US$1.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2027 trailing a CAGR of 6.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 3.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.

Select Competitors (Total 46 Featured) -

• Allnex Belgium SA/NV
• Arkema Group
• Covestro AG
• Evonik Industries AG
• Megara Resins S.A.
• Nippon Gohsei UK Limited
• Nuplex Industries Ltd.
• Royal DSM NV
• Stepan Company

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