Report on Polyester Coatings Market - Global Industry Analysis, Market Segments and Forecast 2014 – 2020

Polyester coatings are also called as oil-free alkyds coatings and used can be used as substitute for alkyd resins. These are most widely used coatings due to low cost, high acceptance and versatility. Polyester coatings can be tailored with additives for specific end-use applications. These offers high flexibility, hardness, chemical resistance and high strength. The applications of polyester coatings include construction, automotive, OEM coatings, infrastructure, aviation, industrial coatings and packaging.

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Growing demand for polyester coatings from construction industry is expected to drive the market growth. Demand for construction is due to growing population and rising disposable income of middle class. Owing to rising income in developing countries people are going for second home plans as investment option that is driving the construction industry. Further increasing investment in infrastructure building is expected to drive the polyester market. Governments bodies are investing heavily in improving overall infrastructure of own countries. These infrastructure projects include domestic as well as industrial and transportation infrastructure. In addition demand from OEM coating is expected to boost the market for polyester coatings.

OEM coatings include coil coatings, paper & paperboard coatings, powder coatings, radiation cured coatings, wood furniture & composition board finishing, appliances coatings. The demand for OEM coatings is rising with changing lifestyle and improving per capita income across the globe. Rising demand from special purpose customized coating is expected to boost the polyester coatings market growth. Special purpose coatings include marine coatings, industrial maintenance, aerosol coatings, automotive coatings, wind energy and aerospace coatings.

However, volatile raw materials and environmental regulations are...