April 2025
The global polyester resin dispersion market size was valued at USD 9.79 billion in 2024 and is estimated to reach around USD 10.20 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 4.15% during the forecast period 2025 to 2034.The rising demand from various industries for eco-friendly and high-performance material drives the growth of the market.
Polyester resin dispersion is a process of distributing small particles of polyester in a liquid medium like water. They are widely used in paints and coatings to offer durability and protection on different surfaces. Polyester resin contains high molecular weight, and they are divided into four main types: alkyd, vinyl ester, saturated, and unsaturated polyester resin. Saturated polyester resin is formed using polyols and polybasic acids, and it is widely used in coatings, films, and fibers applications.
The unsaturated polyester is formed using the reaction of unsaturated dibasic acids and diols. The dispersion methods include polyester resin dispersions, emulsification, polyethene oxide grafting, melt-kneading, depolymerization, and repolymerization. The raw materials used to synthesize polyester resin are polyols, polybasic acids, solvents, and catalysts. Polyester resin dispersions are widely used in coatings, inks, adhesives, composites, textiles, and dispersants. The growing urbanization and industrialization in the regions and rising demand from various industries like construction, automotive, electrical & electronics, and coatings promote the growth of the market. The rising adoption of eco-friendly and sustainable products and rapid advancement in technology drive the growth of the polyester resin dispersion market.
The growing urbanization in various regions increases the demand for construction activities, including residential, commercial, and infrastructure development. As construction activities grow, demand for high-performance materials, coatings, and adhesives increases. Urbanization in various regions increases the requirement of roads, buildings, public spaces, bridges, and many more. The contractors and builders demand polyester resin dispersion because it provides excellent durability, flexibility, longevity, harsh conditions resistance, and waterproofing to construction.
They are widely used in building roofs, panels, bathroom accessories, pipes, and storage tanks due to their easy application and curing process. Rising consumer preference for pleasant aesthetics demands polyester resin dispersion, and they are used in paints, sealants, and coatings to prevent buildings from chemical exposure.
The rapid urbanization increases demand for automotive, packaging, electronics, and electrical sectors, and these industries widely use polyester resin dispersion. The growing urbanization in various regions is a key driver for polyester resin dispersion market growth.
Report Attributes | Details |
Market Size in 2025 | USD 10.20 Billion |
Expected Size in 2034 | USD 14.70 Billion |
Growth Rate | CAGR of 4.15% from 2025 to 2034 |
Base Year of Estimation | 2024 |
Forecast Period | 2025-2034 |
High Impact Region | Asia Pacific |
Segment Covered | By Application,End Use,Product,Form,Region |
Key Companies Profile | Reliance Industries,Wacker Chemie,Hexion,Tetra Technologies,Arkema Group,BASF SE,Ashland,SABIC,B. Fuller,Momentive, DIC Corporation,Dow,Kraton Corporation,Solvay,Evonic Industries AG,Showa Denko Materials Co., Ltd.,Covestro AG,DSM,Nippon Gohsei, |
The rising demand from the packaging industry fuels the polyester resin dispersion market growth. In the packaging industry, polyester resin dispersion provides advantages such as water resistance, flexibility, and adhesion. This can be used in the creation of lamination for packaging material, which offers a strong and durable bond between layers. The rising demand for medical and textile packaging accelerates the growth of the market. The functionalities like self-healing and antimicrobial coating in smart packaging are gaining the attraction of the market. The growing demand for sustainable packaging enhances the use of water-based inks in packaging. The growing demand from the packaging industry for versatility, durability, and high-strength material fuels the market growth. The growing applications from food packaging, labels, stickers, and flexible packaging create a strong opportunity for polyester resin dispersion market growth.
Despite several benefits of polyester resin dispersion, the fluctuating raw material cost hinders the growth of the market. The changing costs of major components like ethylene glycol, petroleum, and dimethyl terephthalate are impacting the cost of production. The increase in the price of styrene suppliers leads to higher costs of resins. The stringent environmental regulation increases the adoption of sustainable materials that fluctuate the availability and cost of raw materials. The fluctuation in raw material costs hampers the polyester resin dispersion market profit and growth.
Polyester Resin Dispersion Market Regional Insights
Asia Pacific dominated the polyester resin dispersion market and held the largest share in 2024. The growing industrialization and rapid growth in infrastructure development drive the growth of the market in the region. The rapid urbanization in the region increases the demand for coatings, adhesives, and composite material, fueling the growth of the market. The rising government support, investment in research and development, and strong focus on sustainable end environment friendly options propel the market growth. Furthermore, the rising demand from the construction, automotive, and textile sectors drives the market growth in the region.
China is observed to be the largest contributor in the polyester resin dispersion market. The strong economic growth and growing industrialization demand polyester resin dispersion, which helps in market growth. The robust growth in sectors like construction and automation boosts market growth. The country is a major consumer and producer of polyester resin, and its government policies drive market growth. Furthermore, strong investment in automation and advanced coating applications fuels the market growth in China.
Europe is experiencing the fastest growth in the market during the forecast period. The rising demand for sustainable and eco-friendly coating drives the market growth. The stringent environmental regulations about VOCs increase the demand for polyester resin dispersion in the region. The rapid growth in industries like construction and automotive support the market growth.
The growing urbanization and European manufacturers' strong investment in research and development to manufacture innovative polyester resin dispersions fuel the growth of the market. Furthermore, infrastructure projects development and the adoption of sustainable, energy-efficient, and green building materials drive the market growth in the region.
Germany is observed to be the largest contributor to the polyester resin dispersion market. The well-established industrial sectors, including automotive and coatings, are driving market growth. The rising demand for environment-friendly and high-performance resin dispersion promotes market growth. The well-established infrastructure research and development infrastructure and growing innovations in technology, such as the integration of nanotechnology, drive the growth of the market.
North America is experiencing the notable growth in the market during the forecast period. The well-established manufacturing base and the presence of key industries in the region support the market growth. The growing innovations and focus on developing high-performance coatings and adhesives fuel the market growth. The rapid growth in commercial & residential construction and increased demand for eco-friendly coating demands polyester resin dispersion. Additionally, the fastest adoption of advanced composite material and rapid growth in infrastructure development drive the market growth in the region.
The United States led the polyester resin dispersion market. The well-established manufacturing sector and rapid infrastructure development and renovation projects support the growth of the market. The strong presence of the automotive and aerospace industries demands lightweight and durable materials to further fuel the market growth. Furthermore, the presence of key market players and stringent environmental regulations drive the growth of the market in the U.S.
The coatings segment dominated the polyester resin dispersion market in 2024. The growing demand from various industries like construction, automotive, consumer goods, and the industrial sector drives the growth of the market. The rising need for high-performance, durable, and sustainable coatings increases the demand for polyester resin dispersion. The growing innovations in polyester resin formulations help to enhance properties like hardness, flexibility, and UV resistance that fuel the growth of the market. The stringent environmental regulations increase the demand for environment-friendly solutions like bio-based polyester resin that promote the growth of the market.
The adhesives segment is the fastest-growing in the market during the forecast period.
The rising demand from the automotive industry for lighter and fuel-efficient vehicles increases the need for adhesives that drive the growth of the market. The growing development and innovations in adhesives formulations and application methods to enhance strength, durability, and versatility fuel the market growth. The rising demand from industries like packaging, consumer goods, and electronics support the growth of the market. Furthermore, the focus on building smart cities, mega projects, and sustainable buildings in the building and construction sector drives the growth of the market.
The automotive segment dominated the polyester resin dispersion market with the largest share in 2024. The automotive industry is moving towards the usage of lightweight materials to boost fuel efficiency and reduce emissions, driving the growth of the market. The growing adoption of electric vehicles increases the demand for polyester resin powder coating, which fuels the growth of the market. The increasing need for high-performance coatings in the automotive industry to sustain harsh environmental conditions supports the growth of the market. Furthermore, polyester resin dispersion is widely used in exterior vehicle parts like body panels, spoilers & headlamp reflectors and in interior parts like door panels, seat backs, headliners & dashboards, which supports the growth of the market.
The electrical & electronics segment is the fastest-growing during the forecast period. The rising demand for electronics devices and appliances like smartphones, smartwatches, tablets, laptops, refrigerators, microwaves, ovens, washing machines, and many more drives the growth of the market. In the electrical industry, the rising demand for motors, generators, and transformers demands polyester resin dispersion due to strong insulation properties and mechanical support. The growing demand for lightweight, durable, and high-performance material in various applications like electronic products, insulating material, wind turbine blades, and filament winding drives the growth of the market. The growing technological innovations in the electrical & electronics industry and strong government investment in the electronics manufacturing sector fuels the market growth.
The thermosetting resins segment dominated the market with the largest share in 2024. The easy manufacturing process and various applications like coatings, adhesives, composite materials, and molding compounds drive the growth of the market. These resins retain their shape and dimensions in conditions such as temperature changes and stress. They offer strong resistance to chemicals, heat & solvents, and they are cheaper than other types of resins, which drives the growth of the market.
The thermoplastic segment is expected to grow at the fastest rate in the market during the forecast period. The ability of customization to display specific characteristics makes them useful for various applications, which drives the growth of the market. These resins provide various benefits in processing, including lower energy consumption, faster cycle time, and recycling ability. The growing automotive and construction sector demands lightweight and durable material that fuels the growth of the market. The increasing technological advancement in complex and intricate thermoplastic production and growing demand for eco-friendly sustainable solutions promotes the market growth.
The liquid segment held the dominating share of the polyester resin dispersion market in 2024. The growing demand from the automotive and industrial paints & coatings sector fuels the growth of the market. They are easy to apply, mix, and handle; due to this, they are appropriate for various applications. The liquid form is easily used in applications like molding and coating without high pressure. The growing demand for easy application and controlling the viscosity & curing process drives the growth of the market.
The powder segment is expected to grow at the fastest rate in the market during the forecast period. The rising demand from sectors like automotive and construction for sustainable and durable coatings fuels the market growth. They offer a high-quality finish and strong resistance to chemicals, corrosion, and UV degradation. The growing adoption of electric vehicles demands powder coatings to apply to various automotive parts. The growing innovations to improve the performance and durability of coated products fuel the market growth. The cost-effectiveness and waste reduction promote market growth.
By Application
By End Use
By Product Type
By Form
By Regional
April 2025