An Oligoester composition obtained from a reactant mixture comprising one or more rosin; one or more polyhydric alcohol selected from the group of polyhydric alcohols having from 2 to 30 carbon atoms, and from 0.5 wt. % to 15 wt. %, based on the weight of all reactants, of one or more polyfunctional carboxylic acids selected from cycloaliphatic dicarboxylic polyfunctional carboxylic acids, and wherein the one or more polyhydric alcohol is present in the mixture for preparation of the Oligoester an amount of from 5 wt. % to 35 wt. %, based on the weight of all reactants. Oligoester composition has a hydroxyl value of from 7 mg KOH/g to 40 mg KOH/g and suitable for use in road marking, adhesives or tire tread.