The latest trends in the field of materials! The demand for polyester resin is growing rapidly
Source: | Author:佚名 | Published time: 2023-10-18 | 215 Views | Share:

With the increasing demand for sustainable and environmentally friendly materials, polyester resin dispersion, as a water-based material, is considered an environmentally friendly and sustainable solution, especially in industries such as construction and automotive. This factor greatly promotes the popularity of this material among consumers and may further drive demand.

It is expected that by 2023, the global market size of polyester resin dispersions will reach 763.54 million US dollars. It is expected that the compound annual growth rate will reach 4.8% between 2023 and 2033. It is expected that by 2033, the global market valuation will be approximately $1.2207 billion.

Characteristics of polyester resin

Polyester resin dispersions have excellent versatility, making them suitable for various applications. Manufacturers can sell these products to multiple fields such as coatings, adhesives, sealants, etc. These dispersions can provide ideal durability, chemical resistance, and excellent adhesion to different substrates. The increase in global construction activities and the demand for infrastructure development are expected to drive growth.

Manufacturers can market these products to several sectors like coatings, adherents, sealants, and others

Compared with traditional solvent based systems, water-based polyester resin dispersions are considered a more environmentally friendly choice. This is due to their lower volatile organic compound content and reduced emissions during application and solidification processes. Compared with other resin systems, polyester resin dispersions also have a cost advantage. Their production process is more efficient and requires fewer raw materials, thereby reducing the manufacturer's costs.

The US market has stimulated demand for polyester resin

The construction industry is one of the main end uses of polyester resin dispersions. The construction industry in the United States has been experiencing significant growth. It is expected that by 2033, the valuation of the polyester resin dispersion industry in the United States will reach 366.4 million US dollars. From 2023 to 2033, China's compound annual growth rate may reach 4.6%.

The construction industry in the United States has been experiencing significant growth It is mainly driven by infrastructure development, residential construction, and commercial projects

Polyester resin dispersions have achieved significant market penetration in the United States. Manufacturers and suppliers have established distribution networks to make these dispersants readily available for use in various industries. A strong supply chain and extensive product supply will further promote the high sales of polyester resin dispersions in the country.

The main end users of polyester resin dispersion

With the improvement of population and living standards, as well as the increase in infrastructure investment, emerging economies will drive the adoption of these building materials. This will improve the growth prospects of polyester resin dispersions. Polyester resin dispersion can be used to manufacture automotive components, such as body panels and bumpers. With the increasing demand for lightweight and energy-saving vehicles, it is expected that the demand for polyester resin dispersions in the automotive industry will increase.