The global polyester resin dispersion market is expected to reach around USD 12K million by 2033

The global polyester resin dispersion market size is anticipated to reach a valuation of US$ 7,635.4 million by 2023.It is projected to witness a CAGR of 4.8% in the estimated time period from 2023 to 2033.A valuation of around US$ 12,200.7 million is predicted for the global market by 2033.

There has been a growing demand for sustainable and eco-friendly materials, particularly in industries such as construction and automotive.Polyester resin dispersion, being a water-based material, is considered to be an environmentally friendly and sustainable solution.This factor greatly contributes to popularity amongst consumers, and is likely to boost demand further.

Construction industry is one of the primary end users of polyester resin dispersions.It is set to witness high demand for applications such as flooring, waterproofing, and grouts.Increasing construction activities across the globe and rising demand for infrastructure development are expected to drive growth.

Polyester resin dispersions offer versatility and excellent performance characteristics, making them suitable for various applications.Manufacturers can market these products to several sectors like coatings,adhesives, sealants, and others.These dispersions can provide desirable properties such as durability, chemical resistance, and excellent adhesion to different substrates.

Rising demand for environmentally friendly and sustainable products has also contributed to the increasing popularity of polyester resin dispersions.Compared to traditional solvent-based systems, water-based polyester resin dispersions are considered to be more environmentally friendly.This is due to their lower volatile organic compound (VOC) content and reduced emissions during application & curing.

Stringent regulations related to the use of certain chemicals and emissions in various industries such as coatings, have led to the adoption of alternative materials.Polyester resin dispersions can be formulated to comply with these regulations, making them an attractive choice for manufacturers.

Polyester resin dispersions can provide cost advantages over other resin systems such as epoxy or polyurethane.Their production process can be more efficient, and they might require fewer raw materials, resulting in lower costs for manufacturers.This cost-effectiveness can make them a preferred choice for various applications.

Changing market trends and evolving preferences can push demand for specific products.Polyester resin dispersion demand might be influenced by increasing infrastructure development.

Growth of the automotive sector or advancements in the construction sector are also likely to propel the market.These sectors often utilize coatings, adhesives, or sealants where polyester resin dispersions would find applications.

2018 to 2022 Polyester resin dispersion market outlook

The global polyester resin dispersion industry expanded at a CAGR of 4.6% between 2018 and 2022.From 2023 to 2033, the market is likely to witness a CAGR of around 4.8%.The polyester resin dispersion industry is expected to continue its growth trajectory from 2023 to 2033.It is projected to be driven by growing demand from the construction industry.

Need to seal structure joints, joints for expansion,glass sealants, and paneling joints has increased as a result of boom in the construction and building sectors.Sales of polyester resin dispersion have increased as a result all around the world.

Global demand for cars and airplanes is growing,which is driving up the usage of polyester resin dispersions.Since polyester resins are increasingly being used in both the building and automotive sectors, the market is expected to expand significantly.

United States showcasing high polyester resin dispersion sales

The United States polyester resin dispersion industry is expected to reach a valuation of US$ 366.4 million by 2033.It is likely to expand at a CAGR of 4.6% from 2023 to 2033.

The construction industry in the United States has been experiencing significant growth.It is mainly driven by infrastructure development,residential construction, and commercial projects.Increased construction activities would create a high demand for these dispersions, leading to their strong sales in the United States.

Polyester resin dispersions have achieved significant market penetration in the United States.Manufacturers and suppliers have established distribution networks, making these dispersions readily available to various industries.Presence of a robust supply chain and extensive product availability would further contribute to high sales of polyester resin dispersions in the country.

Leading end user in the field

The building & construction segment is expected to dominate the polyester resin dispersion industry with a CAGR of 5.8% from 2023 to 2033.Expansion of the construction sector due to increasing demand for commercial and residential buildings across the globe is anticipated to create growth opportunities in the market.

Increasing investment in infrastructure, especially in emerging economies, as a result of rising population and living standards, will boost adoption of construction chemicals.This will in turn improve growth prospects for polyester resin dispersions.

The automotive & transportation industry is also expected to dominate the polyester resin dispersion industry with a CAGR of 5.4% from 2023 to 2033.Rising use of polyester resin dispersions in the industry owing to their ability to provide improved durability and resistance to chemicals & abrasion would push demand.

Polyester resin dispersion is used in the manufacturing of automotive parts such as body panels, bumpers, and spoilers.With growing demand for lightweight and fuel-efficient vehicles, need for polyester resin dispersions in the automotive industry is expected to increase.