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Stock impact report

Surging Construction Boom in Asia Pacific and Latin America Fuels Robust Growth in Saturated Polyester Resin Sales | Future Market Insights, Inc. [Yahoo! Finance]

Stepan Company (SCL) 
Last stepan company earnings: 4/21 06:59 am Check Earnings Report
Company Research Source: Yahoo! Finance
drivers include demand from automotive, construction, and packaging industries, with growing interest in sustainable and bio-based options. Emerging economies and infrastructure projects also contribute to increased usage. NEWARK, Del, Feb. 27, 2024 (GLOBE NEWSWIRE) -- According to Future Market Insights' latest industry analysis, the global market size for saturated polyester resin is estimated to be around US$ 4.4 billion in 2024. It is projected to exhibit a CAGR growth of over the forecast period, reaching an estimated saturated polyester resin market size of US$ 8 billion by 2034. The demand for saturated polyester resins is increasing in the automotive, construction, and packaging industries due to their excellent mechanical properties and durability. The construction industry, particularly in emerging economies, is also driving the demand for high-performance coatings, adhesives, and sealants. Additionally, the expansion of the packaging industry, mainly in the food and bev Show less Read more
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