Unsaturated Polyester Resin (UPR) Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Unsaturated Polyester Resin (UPR) Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Unsaturated Polyester Resin Market

The Unsaturated Polyester Resin market was valued at USD 11.57 billion in 2023, and the market is now projected to grow to USD 16.96 billion by 2032, exhibiting a CAGR of 5.9% during the forecast period of 2024-2032.

The havoc caused by the most traumatic and devastating pandemic globally has affected all nodes of lives and the functioning of almost all the commercial and non-commercial sectors. These businesses incorporate automotive and building & development. The lockdown has driven to a deficiency of crude materials, which, in turn, has caused a stop in fabricating activities in these businesses. Usually, advance driving to a decrease in item request. This has surged the estimating of crude materials and wrapped up items as a mode to create sufficient income for producers. In addition, the normalization after the COVID-19 period is expected to advantage fabricating businesses such as car, marine, and aviation to assist in income era, which, in turn, would back the Unsaturated Polyester Resin market growth.

The developing request for UPR from a few end-use businesses such as car, aviation, electrical & hardware, and marine is emphatically influencing the key market development. This product is utilized for printed wiring sheets, channels and channels, and boards. This product is additionally utilized as a composite fabric for making vehicle structures and pontoons within the car and marine businesses. As composite materials made from this fabric are low-cost and lightweight, this acts as an perfect item to be utilized in these businesses, in this way coming about within the high request for unsaturated polyester resin.

This product is majorly utilized within the building & development industry for the fabricating of items such as window boards, roof tiles, floor tiles, and lavatory installations. The utilize of this item offers excellent surface wrap up, water repellency, resistance to wear, inflexibility, and great electrical separator. Consequently, the expanding request from the building & development industry acts as a key driving figure for the UPR market. Developing development exercises around the globe to meet the tall request from the rising populace is leading to the tall utilization of this item. Other than, the extension of government foundations and lodging ventures in creating districts is driving the building & development industry, which is assist expected to move the UPR market.

Comprehensive Analysis of Unsaturated Polyester Resin Market

The bifurcation in the type analysis is categorized as DCPD, orthophthalic and isophthalic. The orthophtalic segment with more beneficial properties inclined as toughness, durability, thermal resistance and chemical is proved to be more dominant. The application of the unsaturated polyester resin market is sectioned as different terms namely wind energy, building and construction, land transportation, marine, electrical and electronics, pipes and tanks. Among all the segments of pplication, the part building and construction is mounted to be the most dominant and widely utilized as the demand for the housing sector rises with a boost in the population growth.

The dominance of Asia Pacific region is gaining a traction in the global unsaturated polyester resin market share with a notable valuation of USD 6.60 billion. Provoked demand from the aerospace and automotive sector is attributed towards the increasing demand of the product. The economic development from various countries namely India, Japan and China arouses the significant demand for the composite materials made from this product and thus congruently gives a boost in the product development and market growth.

The market for the Unsaturated Polyester Resin is majorly comprised of the prominent players that are operating intensively in the market, proving their existence and profitable revenues with the extensive research and innovative practices and product development. The market players lined up are as follows: Reichold (U.S.), Royal DSM (Netherlands), Deltech (U.S.), Polynt (Italy), Dow (U.S.), BASF SE (Germany), INEOS (U.K.), U-PICA Company. Ltd. (Japan), UPC Technology Corporation (China) and Scott Bader Company Ltd. (U.K.) are dedicatedly working towards the intensive research and development of the innovation in manufacturing and launching Unsaturated Polyester Resin products enriched with more health benefits and maximum nutrient absorption.

In the month of December 2020, AOC, a U.S.-based polyester and vinyl ester resins maker, has completed the procurement of a Spolchemie plant for unsaturated polyester resins within the Czech Republic. Usually anticipated to permit the company to assist move forward the administrations and logistics for its shoppers in central and Eastern Europe.

SEGMENTATION TABLE

ATTRIBUTE DETAILS

Study Period 2016-2027

Base Year 2019

Forecast Period 2020-2027

Historical Period 2016-2018

Unit Volume (Kiloton); Value (USD Million)

Segmentation By Type, By Application, and By Region

By Type

Orthophthalic

Isophthalic

Dicyclopentadiene (DCPD)

By Application

Building & Construction

Marine

Pipes & Tanks

Electrical & Electronics

Land Transportation

Wind Energy

Others

By Region

North America

By Type

By Application

By Country

U.S. (By Application)

Canada (By Application)

Europe

By Type

By Application

By Country

Germany (By Application)

France (By Application)

UK (By Application)

Italy (By Application)

Spain (By Application)

Rest of Europe (By Application)

Asia Pacific

By Type

By Application

By Country

China (By Application)

India (By Application)

Japan (By Application)

South Korea (By Application)

Rest of Asia Pacific (By Application)

Latin America

By Type

By Application

By Country

Brazil (By Application)

Rest of Latin America (By Application)

The Middle East & Africa

By Type

By Application

By Country

South Africa (By Application)

Rest of Middle East & Africa (By Application)


1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Key Developments: Mergers, Acquisition, Partnership, etc.
4.3. Latest Technological Advancement
4.4. Insights on Regulatory Scenario
4.5. Porters Five Forces Analysis
5. Qualitative Insights – Impact of COVID-19 on Global Unsaturated Polyester Resin Market
5.1. Supply Chain Challenges
5.2. Steps taken by Government/Companies to overcome this impact
5.3. Potential opportunities due to COVID-19 outbreak
6. Global Unsaturated Polyester Resin Market Analysis, Insights and Forecast, By Type, 2016-2027
6.1. Key Findings / Summary
6.2. Market Size Estimates and Forecast
6.2.1. By Type (Volume/Value)
6.2.1.1. Orthophthalic
6.2.1.2. Isophthalic
6.2.1.3. DCPD
7. Global Unsaturated Polyester Resin Market Analysis, Insights and Forecast, By Application, 2016-2027
7.1. Key Findings / Summary
7.2. Market Size Estimates and Forecast
7.2.1. By Application (Volume/Value)
7.2.1.1. Building & Construction
7.2.1.2. Marine
7.2.1.3. Pipes & Tanks
7.2.1.4. Electrical & Electronics
7.2.1.5. Land Transportation
7.2.1.6. Wind Energy
7.2.1.7. Others
8. Global Unsaturated Polyester Resin Market Analysis, Insights and Forecast, By Region, 2016-2027
8.1. Key Findings / Summary
8.2. Market Size Estimates and Forecast
8.2.1. By Region (Volume/Value)
8.2.1.1. North America
8.2.1.2. Europe
8.2.1.3. Asia Pacific
8.2.1.4. Latin America
8.2.1.5. Middle East & Africa
9. North America Unsaturated Polyester Resin Market Analysis, Insights and Forecast, 2016-2027
9.1. Key Findings / Summary
9.2. Market Size Estimates and Forecast
9.2.1. By Type (Volume/Value)
9.2.1.1. Orthophthalic
9.2.1.2. Isophthalic
9.2.1.3. DCPD
9.2.2. By Application (Volume/Value)
9.2.2.1. Building & Construction
9.2.2.2. Marine
9.2.2.3. Pipes & Tanks
9.2.2.4. Electrical & Electronics
9.2.2.5. Land Transportation
9.2.2.6. Wind Energy
9.2.2.7. Others
9.2.3. By Country (Volume/Value)
9.2.3.1. U.S.
9.2.3.1.1. By Application (Volume/Value)
9.2.3.1.1.1. Building & Construction
9.2.3.1.1.2. Marine
9.2.3.1.1.3. Pipes & Tanks
9.2.3.1.1.4. Electrical & Electronics
9.2.3.1.1.5. Land Transportation
9.2.3.1.1.6. Wind Energy
9.2.3.1.1.7. Others
9.2.3.2. Canada
9.2.3.2.1. By Application (Volume/Value)
9.2.3.2.1.1. Building & Construction
9.2.3.2.1.2. Marine
9.2.3.2.1.3. Pipes & Tanks
9.2.3.2.1.4. Electrical & Electronics
9.2.3.2.1.5. Land Transportation
9.2.3.2.1.6. Wind Energy
9.2.3.2.1.7. Others
10. Europe Unsaturated Polyester Resin Market Analysis, Insights and Forecast, 2016-2027
10.1. Key Findings / Summary
10.2. Market Size Estimates and Forecast
10.2.1. By Type (Volume/Value)
10.2.1.1. Orthophthalic
10.2.1.2. Isophthalic
10.2.1.3. DCPD
10.2.2. By Application (Volume/Value)
10.2.2.1. Building & Construction
10.2.2.2. Marine
10.2.2.3. Pipes & Tanks
10.2.2.4. Electrical & Electronics
10.2.2.5. Land Transportation
10.2.2.6. Wind Energy
10.2.2.7. Others
10.2.3. By Country (Volume/Value)
10.2.3.1. Germany
10.2.3.1.1. By Application (Volume/Value)
10.2.3.1.1.1. Building & Construction
10.2.3.1.1.2. Marine
10.2.3.1.1.3. Pipes & Tanks
10.2.3.1.1.4. Electrical & Electronics
10.2.3.1.1.5. Land Transportation
10.2.3.1.1.6. Wind Energy
10.2.3.1.1.7. Others
10.2.3.2. France
10.2.3.2.1. By Application (Volume/Value)
10.2.3.2.1.1. Building & Construction
10.2.3.2.1.2. Marine
10.2.3.2.1.3. Pipes & Tanks
10.2.3.2.1.4. Electrical & Electronics
10.2.3.2.1.5. Land Transportation
10.2.3.2.1.6. Wind Energy
10.2.3.2.1.7. Others
10.2.3.3. UK
10.2.3.3.1. By Application (Volume/Value)
10.2.3.3.1.1. Building & Construction
10.2.3.3.1.2. Marine
10.2.3.3.1.3. Pipes & Tanks
10.2.3.3.1.4. Electrical & Electronics
10.2.3.3.1.5. Land Transportation
10.2.3.3.1.6. Wind Energy
10.2.3.3.1.7. Others
10.2.3.4. Italy
10.2.3.4.1. By Application (Volume/Value)
10.2.3.4.1.1. Building & Construction
10.2.3.4.1.2. Marine
10.2.3.4.1.3. Pipes & Tanks
10.2.3.4.1.4. Electrical & Electronics
10.2.3.4.1.5. Land Transportation
10.2.3.4.1.6. Wind Energy
10.2.3.4.1.7. Others
10.2.3.5. Spain
10.2.3.5.1. By Application (Volume/Value)
10.2.3.5.1.1. Building & Construction
10.2.3.5.1.2. Marine
10.2.3.5.1.3. Pipes & Tanks
10.2.3.5.1.4. Electrical & Electronics
10.2.3.5.1.5. Land Transportation
10.2.3.5.1.6. Wind Energy
10.2.3.5.1.7. Others
10.2.3.6. Rest of Europe
10.2.3.6.1. By Application (Volume/Value)
10.2.3.6.1.1. Building & Construction
10.2.3.6.1.2. Marine
10.2.3.6.1.3. Pipes & Tanks
10.2.3.6.1.4. Electrical & Electronics
10.2.3.6.1.5. Land Transportation
10.2.3.6.1.6. Wind Energy
10.2.3.6.1.7. Others
11. Asia-Pacific Unsaturated Polyester Resin Market Analysis, Insights and Forecast, 2016-2027
11.1. Key Findings / Summary
11.2. Market Size Estimates and Forecast
11.2.1. By Type (Volume/Value)
11.2.1.1. Orthophthalic
11.2.1.2. Isophthalic
11.2.1.3. DCPD
11.2.2. By Application (Volume/Value)
11.2.2.1. Building & Construction
11.2.2.2. Marine
11.2.2.3. Pipes & Tanks
11.2.2.4. Electrical & Electronics
11.2.2.5. Land Transportation
11.2.2.6. Wind Energy
11.2.2.7. Others
11.2.3. By Country (Volume/Value)
11.2.3.1. China
11.2.3.1.1. By Application (Volume/Value)
11.2.3.1.1.1. Building & Construction
11.2.3.1.1.2. Marine
11.2.3.1.1.3. Pipes & Tanks
11.2.3.1.1.4. Electrical & Electronics
11.2.3.1.1.5. Land Transportation
11.2.3.1.1.6. Wind Energy
11.2.3.1.1.7. Others
11.2.3.2. India
11.2.3.2.1. By Application (Volume/Value)
11.2.3.2.1.1. Building & Construction
11.2.3.2.1.2. Marine
11.2.3.2.1.3. Pipes & Tanks
11.2.3.2.1.4. Electrical & Electronics
11.2.3.2.1.5. Land Transportation
11.2.3.2.1.6. Wind Energy
11.2.3.2.1.7. Others
11.2.3.3. Japan
11.2.3.3.1. By Application (Volume/Value)
11.2.3.3.1.1. Building & Construction
11.2.3.3.1.2. Marine
11.2.3.3.1.3. Pipes & Tanks
11.2.3.3.1.4. Electrical & Electronics
11.2.3.3.1.5. Land Transportation
11.2.3.3.1.6. Wind Energy
11.2.3.3.1.7. Others
11.2.3.4. South Korea
11.2.3.4.1. By Application (Volume/Value)
11.2.3.4.1.1. Building & Construction
11.2.3.4.1.2. Marine
11.2.3.4.1.3. Pipes & Tanks
11.2.3.4.1.4. Electrical & Electronics
11.2.3.4.1.5. Land Transportation
11.2.3.4.1.6. Wind Energy
11.2.3.4.1.7. Others
11.2.3.5. Rest of Asia Pacific
11.2.3.5.1. By Application (Volume/Value)
11.2.3.5.1.1. Building & Construction
11.2.3.5.1.2. Marine
11.2.3.5.1.3. Pipes & Tanks
11.2.3.5.1.4. Electrical & Electronics
11.2.3.5.1.5. Land Transportation
11.2.3.5.1.6. Wind Energy
11.2.3.5.1.7. Others
12. Latin America Unsaturated Polyester Resin Market Analysis, Insights and Forecast, 2016-2027
12.1. Key Findings / Summary
12.2. Market Size Estimates and Forecast
12.2.1. By Type (Volume/Value)
12.2.1.1. Orthophthalic
12.2.1.2. Isophthalic
12.2.1.3. DCPD
12.2.2. By Application (Volume/Value)
12.2.2.1. Building & Construction
12.2.2.2. Marine
12.2.2.3. Pipes & Tanks
12.2.2.4. Electrical & Electronics
12.2.2.5. Land Transportation
12.2.2.6. Wind Energy
12.2.2.7. Others
12.2.3. By Country (Volume/Value)
12.2.3.1. Brazil
12.2.3.1.1. By Application (Volume/Value)
12.2.3.1.1.1. Building & Construction
12.2.3.1.1.2. Marine
12.2.3.1.1.3. Pipes & Tanks
12.2.3.1.1.4. Electrical & Electronics
12.2.3.1.1.5. Land Transportation
12.2.3.1.1.6. Wind Energy
12.2.3.1.1.7. Others
12.2.3.2. Rest of Latin America
12.2.3.2.1. By Application (Volume/Value)
12.2.3.2.1.1. Building & Construction
12.2.3.2.1.2. Marine
12.2.3.2.1.3. Pipes & Tanks
12.2.3.2.1.4. Electrical & Electronics
12.2.3.2.1.5. Land Transportation
12.2.3.2.1.6. Wind Energy
12.2.3.2.1.7. Others
13. Middle East & Africa Unsaturated Polyester Resin Market Analysis, Insights and Forecast, 2016-2027
13.1. Key Findings / Summary
13.2. Market Size Estimates and Forecast
13.2.1. By Type (Volume/Value)
13.2.1.1. Orthophthalic
13.2.1.2. Isophthalic
13.2.1.3. DCPD
13.2.2. By Application (Volume/Value)
13.2.2.1. Building & Construction
13.2.2.2. Marine
13.2.2.3. Pipes & Tanks
13.2.2.4. Electrical & Electronics
13.2.2.5. Land Transportation
13.2.2.6. Wind Energy
13.2.2.7. Others
13.2.3. By Country (Volume/Value)
13.2.3.1. South Africa
13.2.3.1.1. By Application (Volume/Value)
13.2.3.1.1.1. Building & Construction
13.2.3.1.1.2. Marine
13.2.3.1.1.3. Pipes & Tanks
13.2.3.1.1.4. Electrical & Electronics
13.2.3.1.1.5. Land Transportation
13.2.3.1.1.6. Wind Energy
13.2.3.1.1.7. Others
13.2.3.2. Rest of Middle East & Africa
13.2.3.2.1. By Application (Volume/Value)
13.2.3.2.1.1. Building & Construction
13.2.3.2.1.2. Marine
13.2.3.2.1.3. Pipes & Tanks
13.2.3.2.1.4. Electrical & Electronics
13.2.3.2.1.5. Land Transportation
13.2.3.2.1.6. Wind Energy
13.2.3.2.1.7. Others
14. Competitive Matrix
14.1. Business Strategies Adopted by Leading Players
14.2. Global Unsaturated Polyester Resin Market Revenue Share/Ranking Analysis, By Key Manufacturer
15. Company Profiles
15.1. Reichold
15.1.1. Overview
15.1.2. Description
15.1.3. Product Portfolio
15.1.4. Financials (Data as available in public domain and/or on paid databases)
15.1.5. Recent Developments
15.2. Royal DSM
15.2.1. Overview
15.2.2. Description
15.2.3. Product Portfolio
15.2.4. Financials (Data as available in public domain and/or on paid databases)
15.2.5. Recent Developments
15.3. Deltech
15.3.1. Overview
15.3.2. Description
15.3.3. Product Portfolio
15.3.4. Financials (Data as available in public domain and/or on paid databases)
15.3.5. Recent Developments
15.4. Polynt
15.4.1. Overview
15.4.2. Description
15.4.3. Product Portfolio
15.4.4. Financials (Data as available in public domain and/or on paid databases)
15.4.5. Recent Developments
15.5. Dow
15.5.1. Overview
15.5.2. Description
15.5.3. Product Portfolio
15.5.4. Financials (Data as available in public domain and/or on paid databases)
15.5.5. Recent Developments
15.6. BASF SE
15.6.1. Overview
15.6.2. Description
15.6.3. Product Portfolio
15.6.4. Financials (Data as available in public domain and/or on paid databases)
15.6.5. Recent Developments
15.7. Ineos.
15.7.1. Overview
15.7.2. Description
15.7.3. Product Portfolio
15.7.4. Financials (Data as available in public domain and/or on paid databases)
15.7.5. Recent Developments
15.8. U-PICA Company.Ltd.
15.8.1. Overview
15.8.2. Description
15.8.3. Product Portfolio
15.8.4. Financials (Data as available in public domain and/or on paid databases)
15.8.5. Recent Developments
15.9. UPC Technology Corporation
15.9.1. Overview
15.9.2. Description
15.9.3. Product Portfolio
15.9.4. Financials (Data as available in public domain and/or on paid databases)
15.9.5. Recent Developments
15.10. Scott Bader Company Ltd.
15.10.1. Overview
15.10.2. Description
15.10.3. Product Portfolio
15.10.4. Financials (Data as available in public domain and/or on paid databases)
15.10.5. Recent Developments
15.11. Other Key Players
15.11.1. Overview
15.11.2. Description
15.11.3. Product Portfolio
15.11.4. Financials (Data as available in public domain and/or on paid databases)
15.11.5. Recent Developments
16. Strategic Recommendations

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings