South Korea Saturated Polyester Resin Market Size, Share, and COVID-19 Impact Analysis, By Material (Liquid and Solid), By End-use (Industrial Paints and Powder Coatings), and South Korea Saturated Polyester Resin Market Insights, Industry Trend, Forecasts to 2035

South Korea Saturated Polyester Resin Market Insights Forecasts to 2035

• The South Korea Saturated Polyester Resin Market Size Was Estimated at USD 174.6 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 4.54% from 2025 to 2035
• The South Korea Saturated Polyester Resin Market Size is Expected to Reach USD 284.4 Million by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Saturated Polyester Resin Market Size is anticipated to reach USD 284.4 Million by 2035, Growing at a CAGR of 4.54% from 2025 to 2035. The coating industry's increasing demand, along with improvements in packaging solutions, is driving the market's expansion. Saturated polyester resins have superior adhesion, flexibility, and chemical resistance, and the packaging sector benefits from their use in food and beverage packaging.

Market Overview

The market for a particular kind of plastic resin is referred to as the saturated polyester resin market. It is described as a thermosetting resin with a saturated polyester backbone that solidifies when heated and does not soften when reheated. Because saturated polyester resins have better surface hardness and outstanding adhesion, flexibility, and formability, they are utilized in flexible packaging. They are employed to increase the shelf life of products in the food and beverage sector. Chemical resistance, durability, and UV light resistance, they are utilized in automotive coatings. Saturated polyester resins, which provide strength, durability, and recyclability, are being used in packaging materials due to the growing need for environmentally friendly packaging options. In a variety of coating applications, such as industrial paints, automotive paints, and powder coatings, the market for saturated polyester resins is growing. The need for saturated polyester resins is being driven by governments all over the world investing in infrastructure projects, which call for long-lasting and protective coatings. The use of bio-based and environmentally friendly saturated polyester resins can be accelerated by decarbonization and sustainability programs.

Report Coverage

This research report categorizes the market for South Korea saturated polyester resin market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea saturated polyester resin market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea saturated polyester resin market.

Driving Factors

Environmental concerns and stringent regulations on volatile organic compound (VOC) emissions are prompting industries to adopt eco-friendly solutions, boosting demand for low-VOC or VOC-free coatings. The automotive sector's expansion, particularly in electric vehicles, increases the need for durable and aesthetically pleasing finishes, further driving the market. Advancements in packaging solutions, including the use of saturated polyester resins in food and beverage packaging, are also contributing to market growth. Collectively, these factors are propelling the saturated polyester resin market forward.

Restraining Factors

High production costs, stemming from the use of petrochemical-based raw materials and complex manufacturing processes, make these resins less cost-competitive compared to alternatives like epoxy, polyurethane, and acrylic resins. Additionally, stringent environmental regulations concerning volatile organic compound (VOC) emissions necessitate significant investments in research and development to produce eco-friendly formulations. These challenges may hinder the market's expansion, especially in regions with strict environmental standards

Market Segmentation

The South Korea saturated polyester resin market share is classified into material and end-use.

• The liquid segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea saturated polyester resin market is segmented by material into liquid and solid. Among these, the liquid segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. The segment is anticipated to be driven by the growing demand for consumer products as a result of many countries' expanding disposable income. These resins are utilized in adhesives and coatings that improve the final items' strength and appearance, including furniture and appliances.

• The industrial paints segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea saturated polyester resin market is segmented by end-use into industrial paints and powder coatings. Among these, the industrial paints segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The saturated polyester resins provide better performance and are environmentally benign due to their low or nonexistent VOC emissions. Industrial paints are becoming more robust and efficient as a result of ongoing advancements in resin formulas that enhance qualities including hardness, flexibility, and UV resistance.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea saturated polyester resin market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies               

• KCC Corporation 
• Kolon Industries
• Hyosung Chemical
• Kumho Petrochemical
• Kyungbang
• ENC International Corporation
• SD Corporation
• Koreapoly Co., Ltd.
• Korea BMC Corporation
• Kyung Kee Corporation
• SEWON CHEMICAL
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea saturated polyester resin market based on the below-mentioned segments:

 South Korea Saturated Polyester Resin Market, By Material

• Liquid
• Solid

South Korea Saturated Polyester Resin Market, By End-use

• Industrial Plants
• Powder Coatings