Polyester Coatings Market – Global Industry Analysis and Forecast (2022-2027)


Polyester Coatings market was valued at US$ 15443.17 Mn. in 2021 and it is expected to reach US$ 19653.54 Mn. by 2027, at a CAGR of 4.10% during the forecast period.

Polyester Coatings is also known as oil-free alkyds coatings. It is majorly used as a substitute for alkyd resin as it has various advantages over other coatings and resins such as excellent shine, high physical & chemical resistance, affordability, and quick drying.

Global Polyester Coatings Market

To know about the Research Methodology :- Request Free Sample Report


Polyester Coatings Market Dynamics

The market growth is attributed to increasing demand from the automotive, aerospace, defense, and construction industry. The expansion of automotive industries, increasing the defense budget, rising industrialization, and urbanizations in developing economies are projected to upsurge the market growth. Other factors such as growing construction activities and increasing investment in the construction industry have made a positive impact on the market growth.

The global aviation industry has generated a revenue of US$ xx billion in 2021 and with the development in the manufacturing of new advanced aircraft, the government stringent policies for the aerospace industry to replace or upgrade the traditional technologies have created many lucrative opportunities for the polyester coating market. The defense budget in developing economies like India, China, Pakistan, and Vietnam is increased by US$ xx billion in 2021 as In recent years there is rising tension between countries. These further contributed to the increasing demand for polyester coating as they have a wide variety of applications such as in military vehicles, fighter planes, and tanks for coating.

Polyester is produced from ethylene and ethylene is the derivative of petroleum, fluctuation in crude oil prices may hamper the market growth. Polyesters are hazardous chemicals that can pose threat to human health and the environment. Government stringent regulations towards toxic chemicals (VOC) may slow down the market growth.
The global Polyester Coatings market is anticipated to hit US$XX million by 2027. The report covers the in-depth analysis of market key players with their market share, primary and secondary forecast data analysis to 2027. The rationals behind the Covid-19 impact on various regions are mentioned in the report. The report focuses on market drivers and restrain, forecasting of the veratrola market, and concentrate on present opportunities in this sector. The global Polyester Coatings market is growing in developing economies because of increasing government expenditure on the development of the chemical industry and market penetration of manufacturers, dealers, and suppliers of the Polyester Coatings market.

Polyester Coatings Market Segment Analysis

The constructional segment holds the largest market share of xx% in 2021 and is growing at a CAGR of xx% during the forecast period.

By industry, the construction segment is anticipated to grow with a CAGR of xx% during the forecast period. Extensive usages of Polyester Coatings in the construction industry and increasing investment by FDI has driven the market growth. They are more useful for constructions as they have unique properties, for instance, excellent abrasion resistance, corrosion resistance, and excellent compressive strength. Tank linings, concretes and mortars, resistance to mineral acids, heat, and resistance to a wide range of pH biological resistance. Constructions engineers, architectures, and contractors are adopting polyester coating as polyester is cheap, durable, efficient, and provides excellent properties including mechanical, impact, UV, and chemical resistance for use in waterborne, high solids low VOC, and powder coatings compared to other resins.

Polyester Coatings Market Regional Insights:

Asia pacific was dominant in 2021 with a market share of xx% and expected to grow at a CAGR of xx% during the forecast period.

The Asia Pacific market is anticipated to be the fastest-growing market with a CAGR of xx% during the forecast period. In countries like India and China the rising government, FDI investment in the construction industry and rising disposable income are driving the market growth. The construction industry in developing economies is expected to grow with a CAGR of xx% during the forecast period. Several key players are operating in Asia Pacific countries like India and China as much of the growth witnessing in these regions also the demand for hybrid coating is increasing this has given a thrust to polyester coating market growth. The government’s policies in India for instance, Pradhan Mantri Aawas Yojana, Jawaharlal Nehru National Urban Renewal Mission (JNNURM), and the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) have created many lucrative opportunities for the polyester coating market.

North America is growth with a market share of xx% by 2021-2027

The market in North America is expected to grow at a CAGR of xx% during the forecast period. The global production of oil & gas is expected to grow at a market share of US$XX billion by 2027 thus, for the long-term protection of steel structures exposed to the corrosive marine environment that is ideally suited for offshore structures in areas such as splash zones, under deck areas, and riser pipes in oil & gas industry. This further contributes to the growth of the polyester coating market with the rising demand for polyester coating in the marine industry. In addition, with increasing defense budget and increasing demand for automotive vehicles have created many lucrative opportunities for the key player operating in the polyester coating.

The objective of the report is to present a comprehensive analysis of the global Polyester Coatings market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding global Polyester Coatings market dynamics, structure by analyzing the market segments and project global Polyester Coatings market clear representation of competitive analysis of key players by price, financial position, by detection and equipment portfolio, growth strategies, and regional presence in the global Polyester Coatings market make the report investor’s guide.

Polyester Coatings Market Scope :Inquire before buying






Global Polyester Coatings Market




Report Coverage
Details




Base Year:
2021
Forecast Period:
2022-2027




Historical Data:
2017 to 2021
Market Size in 2021:
US $ 15443.17 Mn.




Forecast Period 2022 to 2027 CAGR:
4.10%
Market Size in 2027:
US $ 19653.54 Mn.




 Segments Covered:
by End-Use
• Automotive
• Construction
• Aerospace & Defense
• Marine Industry
• Other






Polyester Coatings Market, by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Polyester Coatings Market Key Players:

• Arkema
• BASF SE
• 3M
• AGC Chemicals
• Huntsman International LLC
• PPG Industries, Inc.
• Axalta Coating Systems, LLC
• Akzo Nobel N.V.
• Durolac Paints, Inc.
• Marpol Private Limited
• INDUSTRIA CHIMICA ADRIATICA SpA
• Cardinal

Frequently Asked Questions:

1. Which region has the largest share in Global Polyester Coatings Market?
Ans: Asia-Pacific region held the highest share in 2021.

2. What is the growth rate of Global Polyester Coatings Market?
Ans: The Global Polyester Coatings Market is expected to grow at a CAGR of 4.10% during forecast period 2022-2027.

3. What is scope of the Global Polyester Coatings market report?
Ans: Global Polyester Coatings Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Polyester Coatings market?
Ans: The important key players in the Global Polyester Coatings Market are – AB Enzymes GmbH, Ajinomoto Company Incorporation, Amano Enzyme Inc., BASF SE, Chr. Hansen A/S, Du Pont Danisco, Evonik Industries AG, Lonza Group Ltd., Novozymes, The Dow Chemical Company, Koninklijke DSM N.V., Archer Daniels Midland Company, Cargill Inc., Alcogroup S.A.

5. What is the study period of this market?
Ans: The Global Polyester Coatings Market is studied from 2021 to 2027. 




1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources

3. Executive Summary: Polyester Coatings Market Size, by Market Value (US$ Mn)

4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies

5. Supply Side and Demand Side Indicators

6. Global Polyester Coatings Market Analysis and Forecast
6.1. Polyester Coatings Market Size & Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America

7. Global Polyester Coatings Market Analysis and Forecast, By End-Use
7.1. Introduction and Definition
7.2. Key Findings
7.3. Polyester Coatings Market Value Share Analysis, By End-Use
7.4. Polyester Coatings Market Size (US$ Mn) Forecast, By End-Use
7.5. Polyester Coatings Market Analysis, By End-Use
7.6. Polyester Coatings Market Attractiveness Analysis, By End-Use

8. Global Polyester Coatings Market Analysis, by Region
8.1. Polyester Coatings Market Value Share Analysis, by Region
8.2. Polyester Coatings Market Size (US$ Mn) Forecast, by Region
8.3. Polyester Coatings Market Attractiveness Analysis, by Region

9. North America Polyester Coatings Market Analysis
9.1. Key Findings
9.2. North America Polyester Coatings Market Value Share Analysis, By End-Use
9.3. North America Polyester Coatings Market Forecast, By End-Use
9.3.1. Automotive
9.3.2. Construction
9.3.3. Aerospace & Defense
9.3.4. Marine Industry
9.3.5. Other
9.4. North America Polyester Coatings Market Value Share Analysis, by Country
9.5. North America Polyester Coatings Market Forecast, by Country
9.5.1. U.S.
9.5.2. Canada
9.5.3. Mexico
9.6. North America Polyester Coatings Market Analysis, by Country
9.7. U.S. Polyester Coatings Market Forecast, By End-Use
9.7.1. Automotive
9.7.2. Construction
9.7.3. Aerospace & Defense
9.7.4. Marine Industry
9.7.5. Other
9.8. Canada Polyester Coatings Market Forecast, By End-Use
9.8.1. Automotive
9.8.2. Construction
9.8.3. Aerospace & Defense
9.8.4. Marine Industry
9.8.5. Other
9.9. Mexico Polyester Coatings Market Forecast, By End-Use
9.9.1. Automotive
9.9.2. Construction
9.9.3. Aerospace & Defense
9.9.4. Marine Industry
9.9.5. Other
9.10. North America Polyester Coatings Market Attractiveness Analysis
9.10.1. By End-Use
9.11. PEST Analysis
9.12. Key Trends
9.13. Key Developments

10. Europe Polyester Coatings Market Analysis
10.1. Key Findings
10.2. Europe Polyester Coatings Market Overview
10.3. Europe Polyester Coatings Market Value Share Analysis, By End-Use
10.4. Europe Polyester Coatings Market Forecast, By End-Use
10.4.1. Automotive
10.4.2. Construction
10.4.3. Aerospace & Defense
10.4.4. Marine Industry
10.4.5. Other
10.5. Europe Polyester Coatings Market Value Share Analysis, by Country
10.6. Europe Polyester Coatings Market Forecast, by Country
10.6.1. Germany
10.6.2. U.K.
10.6.3. France
10.6.4. Italy
10.6.5. Spain
10.6.6. Sweden
10.6.7. CIS countries
10.6.8. Rest of Europe
10.7. Germany Polyester Coatings Market Forecast, By End-Use
10.7.1. Automotive
10.7.2. Construction
10.7.3. Aerospace & Defense
10.7.4. Marine Industry
10.7.5. Other
10.8. U.K. Polyester Coatings Market Forecast, By End-Use
10.8.1. Automotive
10.8.2. Construction
10.8.3. Aerospace & Defense
10.8.4. Marine Industry
10.8.5. Other
10.9. France Polyester Coatings Market Forecast, By End-Use
10.9.1. Automotive
10.9.2. Construction
10.9.3. Aerospace & Defense
10.9.4. Marine Industry
10.9.5. Other
10.10. Italy Polyester Coatings Market Forecast, By End-Use
10.10.1. Automotive
10.10.2. Construction
10.10.3. Aerospace & Defense
10.10.4. Marine Industry
10.10.5. Other
10.11. Spain Polyester Coatings Market Forecast, By End-Use
10.11.1. Automotive
10.11.2. Construction
10.11.3. Aerospace & Defense
10.11.4. Marine Industry
10.11.5. Other
10.12. Sweden Polyester Coatings Market Forecast, By End-Use
10.12.1. Automotive
10.12.2. Construction
10.12.3. Aerospace & Defense
10.12.4. Marine Industry
10.12.5. Other
10.13. CIS countries Polyester Coatings Market Forecast, By End-Use
10.13.1. Automotive
10.13.2. Construction
10.13.3. Aerospace & Defense
10.13.4. Marine Industry
10.13.5. Other
10.14. Rest of Europe Polyester Coatings Market Forecast, By End-Use
10.14.1. Automotive
10.14.2. Construction
10.14.3. Aerospace & Defense
10.14.4. Marine Industry
10.14.5. Other
10.15. Europe Polyester Coatings Market Attractiveness Analysis
10.15.1. By End-Uses
10.16. PEST Analysis
10.17. Key Trends
10.18. Key Developments

11. Asia Pacific Polyester Coatings Market Analysis
11.1. Key Findings
11.2. Asia Pacific Polyester Coatings Market Overview
11.3. Asia Pacific Polyester Coatings Market Value Share Analysis, By End-Use
11.4. Asia Pacific Polyester Coatings Market Forecast, By End-Use
11.4.1. Automotive
11.4.2. Construction
11.4.3. Aerospace & Defense
11.4.4. Marine Industry
11.4.5. Other
11.5. Asia Pacific Polyester Coatings Market Value Share Analysis, by Country
11.6. Asia Pacific Polyester Coatings Market Forecast, by Country
11.6.1. China
11.6.2. India
11.6.3. Japan
11.6.4. South Korea
11.6.5. Australia
11.6.6. ASEAN
11.6.7. Rest of Asia Pacific
11.7. Asia Pacific Polyester Coatings Market Analysis, by Country
11.8. China Polyester Coatings Market Forecast, By End-Use
11.8.1. Automotive
11.8.2. Construction
11.8.3. Aerospace & Defense
11.8.4. Marine Industry
11.8.5. Other
11.9. India Polyester Coatings Market Forecast, By End-Use
11.9.1. Automotive
11.9.2. Construction
11.9.3. Aerospace & Defense
11.9.4. Marine Industry
11.9.5. Other
11.10. Japan Polyester Coatings Market Forecast, By End-Use
11.10.1. Automotive
11.10.2. Construction
11.10.3. Aerospace & Defense
11.10.4. Marine Industry
11.10.5. Other
11.11. South Korea Polyester Coatings Market Forecast, By End-Use
11.11.1. Automotive
11.11.2. Construction
11.11.3. Aerospace & Defense
11.11.4. Marine Industry
11.11.5. Other
11.12. Australia Polyester Coatings Market Forecast, By End-Use
11.12.1. Automotive
11.12.2. Construction
11.12.3. Aerospace & Defense
11.12.4. Marine Industry
11.12.5. Other
11.13. ASEAN Polyester Coatings Market Forecast, By End-Use
11.13.1. Automotive
11.13.2. Construction
11.13.3. Aerospace & Defense
11.13.4. Marine Industry
11.13.5. Other
11.14. Rest of Asia Pacific Polyester Coatings Market Forecast, By End-Use
11.14.1. Automotive
11.14.2. Construction
11.14.3. Aerospace & Defense
11.14.4. Marine Industry
11.14.5. Other
11.15. Asia Pacific Polyester Coatings Market Attractiveness Analysis
11.15.1. By End-Use
11.16. PEST Analysis
11.17. Key Trends
11.18. Key Developments

12. Middle East & Africa Polyester Coatings Market Analysis
12.1. Key Findings
12.2. Middle East & Africa Polyester Coatings Market Overview
12.3. Middle East & Africa Polyester Coatings Market Value Share Analysis, By End-Use
12.4. Middle East & Africa Polyester Coatings Market Forecast, By End-Use
12.4.1. Automotive
12.4.2. Construction
12.4.3. Aerospace & Defense
12.4.4. Marine Industry
12.4.5. Other
12.5. Middle East & Africa Polyester Coatings Market Value Share Analysis, by Country
12.6. Middle East & Africa Polyester Coatings Market Forecast, by Country
12.6.1. GCC Countries
12.6.2. South Africa
12.6.3. Nigeria
12.6.4. Egypt
12.6.5. Rest of Middle East & Africa
12.7. Middle East & Africa Polyester Coatings Market Analysis, by Country
12.8. GCC Countries Polyester Coatings Market Forecast, By End-Use
12.8.1. Automotive
12.8.2. Construction
12.8.3. Aerospace & Defense
12.8.4. Marine Industry
12.8.5. Other
12.9. South Africa Polyester Coatings Market Forecast, By End-Use
12.9.1. Automotive
12.9.2. Construction
12.9.3. Aerospace & Defense
12.9.4. Marine Industry
12.9.5. Other
12.10. Nigeria Polyester Coatings Market Forecast, By End-Use
12.10.1. Automotive
12.10.2. Construction
12.10.3. Aerospace & Defense
12.10.4. Marine Industry
12.10.5. Other
12.11. Egypt Polyester Coatings Market Forecast, By End-Use
12.11.1. Automotive
12.11.2. Construction
12.11.3. Aerospace & Defense
12.11.4. Marine Industry
12.11.5. Other
12.12. Rest of Middle East & Africa Polyester Coatings Market Forecast, By End-Use
12.12.1. Automotive
12.12.2. Construction
12.12.3. Aerospace & Defense
12.12.4. Marine Industry
12.12.5. Other
12.13. Middle East & Africa Polyester Coatings Market Attractiveness Analysis
12.13.1. By End-Use
12.14. PEST Analysis
12.15. Key Trends
12.16. Key Developments

13. South America Polyester Coatings Market Analysis
13.1. Key Findings
13.2. South America Polyester Coatings Market Overview
13.3. South America Polyester Coatings Market Value Share Analysis, By End-Use
13.4. South America Polyester Coatings Market Forecast, By End-Use
13.4.1. Automotive
13.4.2. Construction
13.4.3. Aerospace & Defense
13.4.4. Marine Industry
13.4.5. Other
13.5. South America Polyester Coatings Market Value Share Analysis, by Country
13.6. South America Polyester Coatings Market Forecast, by Country
13.6.1. Brazil
13.6.2. Colombia
13.6.3. Argentina
13.6.4. Rest of South America
13.7. South America Polyester Coatings Market Analysis, by Country
13.8. Brazil Polyester Coatings Market Forecast, By End-Use
13.8.1. Automotive
13.8.2. Construction
13.8.3. Aerospace & Defense
13.8.4. Marine Industry
13.8.5. Other
13.9. Colombia Polyester Coatings Market Forecast, By End-Use
13.9.1. Automotive
13.9.2. Construction
13.9.3. Aerospace & Defense
13.9.4. Marine Industry
13.9.5. Other
13.10. Argentina Polyester Coatings Market Forecast, By End-Use
13.10.1. Automotive
13.10.2. Construction
13.10.3. Aerospace & Defense
13.10.4. Marine Industry
13.10.5. Other
13.11. Rest of South America Polyester Coatings Market Forecast, By End-Use
13.11.1. Automotive
13.11.2. Construction
13.11.3. Aerospace & Defense
13.11.4. Marine Industry
13.11.5. Other
13.12. South America Polyester Coatings Market Attractiveness Analysis
13.12.1. By End-Use
13.13. PEST Analysis
13.14. Key Trends
13.15. Key Developments

14. Company Profiles
14.1. Market Share Analysis, by Company
14.2. Competition Matrix

14.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications, and R&D investment
14.2.2. New Product Launches and Product Enhancements
14.2.3. Market Consolidation
14.2.3.1. M&A by Regions, Investment and Applications
14.2.3.2. M&A Key Players, Forward Integration and Backward Integration

14.3. Company Profiles: Key Players
14.3.1. Arkema
14.3.1.1. Company Overview
14.3.1.2. Financial Overview
14.3.1.3. Product Portfolio
14.3.1.4. Business Strategy
14.3.1.5. Recent Developments
14.3.1.6. Development Footprint
14.3.2. BASF SE
14.3.3. 3M
14.3.4. AGC Chemicals
14.3.5. Huntsman International LLC
14.3.6. PPG Industries, Inc.
14.3.7. Axalta Coating Systems, LLC
14.3.8. Akzo Nobel N.V.
14.3.9. Durolac Paints, Inc.
14.3.10. Marpol Private Limited
14.3.11. INDUSTRIA CHIMICA ADRIATICA SpA
14.3.12. Cardinal
14.3.13. Other
  • INQUIRE BEFORE BUYING