Global Polyester Powder Coating Resin Industry Growth and Trends Forecast to 2031

Polyester powder coating resins are solid saturated polyesters designed as the principal film-forming component in thermosetting powder coatings. They provide the mechanical strength, weatherability, gloss retention and chemical resistance required in modern industrial and architectural finishes, and are formulated to melt, flow and crosslink into a continuous film under controlled thermal conditions. These resins are typically synthesized through melt polycondensation of polycarboxylic acids such as terephthalic, isophthalic or adipic acid with polyols such as neopentyl glycol or trimethylolpropane at 200–250°C, followed by vacuum finishing to achieve the target acid value and viscosity. Once polymerization is complete, the resin melt is extruded, cooled on chill rolls, flaked and ground to produce a stable, free-flowing solid suitable for blending with curing agents, pigments and additives in powder coating formulations. The molecular architecture—aromatic versus aliphatic balance, degree of branching and Tg adjustment—controls melt flow, cure response, flexibility and outdoor durability.

Commercial polyester powder coating resins are defined primarily by their crosslinking chemistry. Carboxyl-functional polyesters cured with triglycidyl isocyanurate (TGIC) provide excellent outdoor durability, chemical resistance and mechanical strength, making them the dominant choice for architectural and general-industrial uses. Hydroxyl-functional polyesters cured with β-hydroxyalkylamide (HAA) offer a TGIC-free alternative with good weatherability and color stability at reduced curing temperatures. Urethane polyester systems, based on hydroxyl-functional polyesters reacted with blocked aliphatic isocyanates such as IPDI-, HDI- or H12MDI-derived crosslinkers, deliver outstanding smoothness, chemical resistance and mechanical performance, and enable low-temperature or heat-sensitive substrate applications. For indoor markets, epoxy–polyester hybrid systems combine carboxyl-functional polyesters with bisphenol-A based epoxy resins to achieve exceptional flow, appearance and balanced mechanical properties. Additional specialized systems include ultra-low-bake resins, UV-curable polyesters and fluorinated or polysiloxane-modified resins for extended weathering requirements.

In the global competitive landscape, Allnex is widely regarded as one of the world’s leading manufacturers of polyester powder coating resins, with a comprehensive portfolio spanning TGIC, HAA, urethane and hybrid chemistries. In China, Anhui Shenjian New Materials currently operates as the largest domestic producer, with its chemical new-materials division specializing in polyester powders for TGIC, HAA, epoxy–polyester hybrid and isocyanate-cured systems. The company has long supplied major international and domestic clients including AkzoNobel, DuPont, Haier, Gree, Samsung and LG. Guangzhou Kinte Materials is another significant producer, offering four major polyester resin series—hybrid, TGIC-cured, HAA-cured and isocyanate-cured types. Besides serving its in-house powder coatings business, Kinte supplies substantial volumes to major Chinese powder-coating manufacturers such as PPG, Nippon Paint, Tiger Coatings and AkzoNobel, making it a key player in the national supply chain.

Polyester powder coating resins are widely used across architectural aluminum, façades, window frames and exterior metal structures; automotive wheels, trim components and underbody parts; agricultural and construction equipment where impact, corrosion resistance and film integrity are critical; appliances and metal furniture; and a broad range of general-industrial fabricated metal components. Their adoption continues to expand due to their solvent-free nature, compliance with global VOC regulations, high transfer efficiency in electrostatic application and compatibility with energy-efficient or low-temperature curing technologies.

According to APO Research, The global Polyester Powder Coating Resin market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.

North American market for Polyester Powder Coating Resin is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Polyester Powder Coating Resin is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Europe market for Polyester Powder Coating Resin is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

The major global manufacturers of Polyester Powder Coating Resin include Allnex, Arkema, Covestro, Chansieh Enterprises (CSEG), Stepan, Synthomer, Zhejiang Guanghua Technology, Huachang Chemical and Anhui Yongli New Material, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Polyester Powder Coating Resin, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Polyester Powder Coating Resin.

The Polyester Powder Coating Resin market size, estimations, and forecasts are provided in terms of sales volume (t) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Polyester Powder Coating Resin market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Allnex

Arkema

Covestro

Chansieh Enterprises (CSEG)

Stepan

Synthomer

Zhejiang Guanghua Technology

Huachang Chemical

Anhui Yongli New Material

Guangdong Yinyang Resin

Anhui Shenjian New Materials

Guangzhou Kinte Materials

Anhui Meijia New Materials

Huangshan Jiajie New Material

Jiangsu Besd New Material

Megara Resins S.A.

Mokarrar Group

INOPOL

Mitsubishi Gas Chemical

TGIC Polyester Resin

HAA Polyester Resin

Urethane Polyester Resin

Hybrid Polyester Resin

Other

Architectural

Automotive

Agricultural and Construction Equipment

Infrastructure

Appliances and Furniture

Other

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Colombia

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Polyester Powder Coating Resin market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Polyester Powder Coating Resin and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Polyester Powder Coating Resin.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Polyester Powder Coating Resin manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Polyester Powder Coating Resin in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.