The US Saturated Polyester Resin Market Aliphatic By Application (Flexible Foam, and CASE), Aliphatic By End-Use Industry (Automotive and Transportation, Building And Construction, Footwear, Furniture and Woodworking, and Other End-Use Industries) Aromatic By Application (Rigid Foam, and Other Applications), Aromatic By End-Use Industry (Residential, Commercial, and Industrial), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2025-2034

Report Overview

The US Saturated Polyester Resin Market size is expected to be worth around USD 1,514.9 Million by 2034, from USD 1,084.4 Million in 2024, growing at a CAGR of 3.4% during the forecast period from 2025 to 2034.

Saturated polyester resins are widely used as raw material for coatings, primers, backing paint, sheet molding compounds, and toners. They are also used in printing ink production, laser printers, thermal coated coils, etc. The United States market for saturated polyester resins has steadily grown, driven by increasing demand in various end-use industries.

Environmental regulations and standards influence the formulation and use of polyester resins, with a trend towards more environmentally friendly and low-VOC products. There’s a growing emphasis on producing resins that are more sustainable, with lower environmental impact, driving innovation in bio-based and recycled materials.

Key Takeaways

• The US saturated polyester resin market is valued at USD 1,084.4 million in 2024 and is estimated to register a CAGR of 3.4%.
• The US saturated polyester resin market is projected to reach USD 1,514.9 million by 2034.
• Among product types, the aliphatic saturated polyester resin held the majority of revenue share in 2024 at 57.9%.
• Furniture & woodworking held the largest market share with 37.4% of aliphatic saturated polyester resins in 2024.
• Saturated polyester resins are known for their good resistance to chemical and weathering, excellent adhesion, and stain resistance.

Product Type Analysis

Aliphatic Polyester Resins Accounted for The Largest Market Share Owing to Their Excellent Durability.

The saturated polyester resin market is segmented based on product type into aliphatic and aromatic. Among both, aliphatic held the majority of revenue share in 2024 of 57.9%. Aliphatic polyester resins are known for their excellent durability and resistance to ultraviolet light, weathering, and chemicals. This makes them highly suitable for outdoor applications, such as automotive coatings, industrial finishes, and construction materials, where long-term performance is critical.

Moreover, increasing regulations and a shift towards more environmentally friendly products have favored aliphatic resins. They typically contain lower levels of volatile organic compounds (VOCs) and are less toxic compared to aromatic resins, aligning with stricter environmental and safety standards.

The US Saturated Polyester Resin Market, By Type, 2020-2024 (USD Mn)

Application Analysis

Owing to Their Superior Properties Flexible Foam Dominate the Aliphatic Saturated Polyester Resins Market

Based on an application, the market for aliphatic saturated polyester resin is segmented into flexible foam and CASE (Coatings, Adhesives and Sealants, Elastomers). Among these applications, flexible foam accounted for the majority of the market share, with 60.2%. This is attributed to the superior characteristic of aliphatic resins. Flexible foam is extensively used in applications such as furniture, bedding, automotive interiors, and packaging due to its comfort, durability, and adaptability.

The versatility of aliphatic polyester resins in flexible foam formulations supports a wide range of properties, making them ideal for these applications. Aliphatic resins impart superior properties to flexible foams, such as improved durability, resilience, and better resistance to staining and degradation under UV exposure. This extends the life and appearance of the final product.

The US Saturated Polyester Resin Market, By Application, 2020-2024 (USD Mn)

Based on an application, the market for aromatic saturated polyester resin is segmented into rigid foam and others. Among these applications, rigid foam accounted for the majority of the market share, with 78.6%. Rigid foam made with aromatic polyester resins is primarily used for insulation in construction, refrigeration, and industrial applications. Its excellent thermal insulation properties, structural strength, and cost-effectiveness make it a popular choice in these sectors.

The majority share can also be attributed to the US increase in construction activities, including residential, commercial, and industrial buildings, where energy efficiency standards have heightened the need for effective insulation materials. The dominance of flexible foam in the aliphatic saturated polyester resin market is due to its wide range of applications, superior performance characteristics, and ongoing demand in consumer goods. Similarly, rigid foam leads the aromatic saturated polyester resin market because of its critical role in insulation, driven by construction growth, regulatory requirements, and performance benefits.

The US Saturated Polyester Resin Market, By Application, 2020-2024 (USD Mn)

End-Use Industry Analysis

Furniture & Woodworking Held The Largest Market Share For Aliphatic Saturated Polyester Resins Owing To The High Demand In The Furniture Industry

Based on the end-use industry, the market for aliphatic saturated polyester resin is further divided into automotive & transportation, building & construction, footwear, furniture & woodworking, and other end-use industries. Among these applications, furniture & woodworking accounted for the largest market share in 2024, with 37.7%.

The furniture industry extensively uses aliphatic saturated polyester resins in coatings, adhesives, and flexible foams, given their excellent durability, aesthetic appeal, and resistance to wear and tear. These properties are essential for furniture and woodworking products that require long-lasting performance and finish. Aliphatic resins are adaptable to various applications in furniture and woodworking, allowing for a range of textures, colors, and finishes that cater to evolving design trends and consumer preferences.

The US Saturated Polyester Resin Market, By End-Use Industry, 2020-2024 (USD Mn)

Industrial Applications Dominated The Market For Aromatic Saturated Polyester Resins Because Of The Critical Need For Robust, Efficient Insulation In A Range Of Industrial Facilities

Based on the end-use industry, the market for aromatic saturated polyester resin is further divided into residential, commercial, and industrial. Among these applications, industrial accounted for the largest market share in 2024, with 46.8%. Aromatic saturated polyester resins are widely used in industrial insulation applications, including pipes, tanks, and HVAC systems.

Their ability to provide high-performance insulation is critical in maintaining energy efficiency and safety standards in industrial facilities. The expansion of industrial activities, including manufacturing, processing, and energy production, has led to increased demand for materials that can improve efficiency and performance, further bolstering the market share of aromatic resins in industrial applications.

The US Saturated Polyester Resin Market, By End-Use Industry, 2020-2024 (USD Mn)

Key Market Segments

By Product Type

• Aliphatic

By Application

• Flexible Foam
• CASE
  • Coatings
  • Adhesives & Sealants
  • Elastomers

By End-Use Industry

• Automotive & Transportation
• Building & Construction
• Footwear
• Furniture & Woodworking
• Other End-Use Industries

By Product Type

• Aromatic

By Application

• Rigid Foam
• Other Applications

By End-Use Industry

• Residential
• Commercial
• Industrial

Drivers

Growing Demand for Environmentally Friendly Coatings

The increasing demand for environmentally friendly coatings is one of the significant factors driving the market growth. Businesses are looking for eco-friendly options that lessen the environmental footprint without compromising performance in response to increasing environmental awareness and strict restrictions. Moreover, polyester resins provide good weather resistance, resist contamination, and are cost-effective. In the US, investment in construction has steadily risen in 2016 and was valued at around $1.36 trillion as of 2020. After the first phase of the COVID-19 pandemic, there was increased spending on construction

• In March of 2021, residential construction spending on dwellings was approximately $749 billion, while non-residential construction spending was around $456.5 billion.

The US construction sector is poised for robust expansion in 2022, with an anticipated growth rate of 8.8%. This growth is expected to propel the industry’s total value to approximately 135,55.097 million. The driving force behind this expansion is the substantial government investments directed towards infrastructure and development initiatives.

• As of January 2022, the construction industry employed a workforce of 7.5 million individuals.

Polyether resins are often used to produce shoes that offer excellent hardness to the midsole with low density. The footwear industry has made a milestone in the US, surpassing a record in 2021 with sales of over $100 billion and increased consumer spending by about 30% more than in the previous year.

• In 2022, the huge majority of shoes being imported to North America came from countries in Asia.

Restraints

Volatility in Raw Material Prices May Hamper the Growth of the Market

The prices of raw materials, including chemicals, solvents, and additives used in the production of saturated polyester resin, can affect production costs and profitability. Frequent changes in raw material prices can lead to price instability in the market.

• Owing to the US’s power outage in mid-February caused by winter storms, the polyester resin shortage impacted the composite’s supply. This incident has led to a shortage of polyester resins.

Various industries have experienced weakness in the supply chain due to the pandemic, including transportation problems, low consumer demand, and labor shortages. Factors inhibiting market growth include the scarcity of competitive, saturated polyester resin compared to acrylic, vinyl-ester resin, and unsaturated polyester resin. The saturated polyester resin market is also moderately consolidated and competitive, with several small-to-medium-scale players. Moreover, the high cost of processing and manufacturing saturated polyester resins is anticipated to restrain the market growth.

Opportunity

The Rising Adoption Of Green Products May Create Lucrative Opportunities For The Key Players

As interest in green products continues, the demand for materials that contain polyurethane made from renewable resources continues to increase. Thus creating an excellent opportunity for the market in the forecast period. By introducing new variants or specialized formulations of saturated polyester resin for specific industries or applications, diversifying product offerings can open up new markets and customer segments.

Ongoing research and development efforts in the saturated polyester resin market focus on developing new formulations and applications that meet the growing demand for eco-friendly coatings and sustainable products. Polyols, which have long been employed as alkyd paint raw materials, are now used in producing Polyester foams for the automotive sector. At the same time, bio-based polyols have also become the building blocks of Polyester from the sports goods industry, which are increasingly used in sneakers and medical devices. Such desired innovations create a market in the forecast period.

Trends

Rapid Industrialization and Urbanization in Emerging Economies

Emerging economies are experiencing rapid industrialization and urbanization, contributing to the growth of saturated polyester resins. Increasing investment in infrastructure development creates a substantial demand for saturated polyester resin products and services. Furthermore, due to shortages of some resins and high prices on the available resins, some resin user industries are moving towards using alternative resins for specific products.

This has a great scope for new market players to show their presence in the market. Although polyurethane does not cause poor health when utilized in medical prosthetics, the demand for these foams is expected to intensify as consumers seek more energy-efficient products. New foams are being discovered for athletic shoes and truck liners, while research into polyurethane continuously leads toward a considerable focus on the growth in the saturated polyester resin market.

Geopolitical Impact Analysis

Geopolitical factors significantly influence the U.S. Saturated polyester resin market through impacts on trade, supply chains, regulatory environments, and economic stability.

The U.S. saturated polyester resin market, such as several sectors in the materials industry, is sensitive to geopolitical dynamics. These impacts stem from various factors, including international trade relations, regulatory changes, and The US supply chain shifts. Changes in tariffs on raw materials and finished products can significantly impact costs and supply chains for U.S. manufacturers.

For instance, tariffs on imported chemicals or resins from specific countries might increase production costs or lead to supply shortages. Political instability, trade disputes, or economic sanctions in countries that supply critical raw materials can disrupt availability and increase costs for U.S. manufacturers.

Participation in or withdrawal from international environmental agreements can affect regulatory standards for production and emissions, impacting how saturated polyester resins are formulated and used. Economic sanctions on specific countries or foreign entities can affect trade flows, limit technology transfer, and disrupt financial transactions, impacting investment and operations in the polyester resin market. As oil and gas are key raw materials in the chemical industry, geopolitical events affecting energy markets can directly impact resin production costs and availability.

Key Players Analysis

Companies are Investing In Research And Development to Improve Their Business

Companies in the saturated polyester resin industry are employing various strategies to maintain and expand their market presence, ensuring competitiveness and adapting to changing market conditions. Key players are investing in research and development to create advanced resin formulations with enhanced properties, such as increased durability, improved environmental profile, or specialized applications. Major players are acquiring other companies to expand their product portfolios, enter new markets, or acquire new technologies. Companies are partnering with suppliers, customers, or even competitors for technology sharing, joint market development, or supply chain optimization.

Their major strategies include investing in new technologies and processes to reduce production costs, increase yield, and improve quality. Moreover, enhancing supply chain logistics to reduce lead times, improve raw material sourcing, and respond quickly to market changes have contributed to their dominance in the market. Key players are expanding the range of applications for polyester resins, such as in new industrial, automotive, or consumer goods applications. Additionally, diversifying product lines to include a range of resins and other complementary materials to serve broader customer needs is another major strategy.

Market Key Players

The major key players in the U.S. saturated polyester resin market include BASF SE, Evonik Industries AG, Covestro AG, Arkema SA, and Huntsman Corp. These players are known for their innovation, market reach, and strategic initiatives. These companies often dominate due to their extensive product portfolios, The US presence, and continuous efforts in research and development. Their evolution reflects a blend of strategic growth initiatives, technological advancements, and responsiveness to changing market dynamics.

major Key Players in the industry

• NEO GROUP
• Elachem S.p.A.
• BASF SE
• Evonik Industries AG
• Covestro AG
• Arkema SA
• Huntsman Corp.
• Stepan Co.
• COIM Group
• Resonac Holdings Corporation
• Other Key Players

Recent Development

• In March 2024, Evonik launched Dynacoll eCO polyesters, with this launch the company aims to introduce sustainable polyesters for the adhesives industry.
• In January 2021, Stepan Company announced the acquisition of Invista Company’s aromatic polyester polyol business.
• In November 2021, COIM Group announced that the company will expand its production plant in West Deptford, New Jersey to increase the production capacity of saturated polyesters.

Report Scope