Global Unsaturated Polyester Resins Market 2024-2028
The unsaturated polyester resins market is forecasted to grow by USD 3.99 bn during 2023-2028, accelerating at a CAGR of 6.32% during the forecast period. The report on the unsaturated polyester resins market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing growth in end-use industries, improved properties of unsaturated polyester resins over other resins, and growing shift toward eco-friendly products demanding use of unsaturated polyester resins.
Technavio's unsaturated polyester resins market is segmented as below:
By Type
- Orthophthalic
- DCPD
- Isophthalic
- Others
By End-user
- Building and construction
- Pipes and tanks
- Automotive
- Marine
- Electrical and others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the infrastructural developments in emerging economies as one of the prime reasons driving the unsaturated polyester resins market growth during the next few years. Also, adoption of advanced manufacturing processes such as 3D printing and rise in demand for unsaturated polyester resins with increasing wind power installations will lead to sizable demand in the market.
The report on the unsaturated polyester resins market covers the following areas:
- Unsaturated polyester resins market sizing
- Unsaturated polyester resins market forecast
- Unsaturated polyester resins market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading unsaturated polyester resins market vendors that include Allnex GMBH, Ashland Inc., BASF SE, Covestro AG, Dow Chemical Co., Eternal Materials Co. Ltd., Evergreen Chemicals Co. Ltd., Huizhou GoodUPR Compites Ltd., INEOS AG, Mitsubishi Gas Chemical Co. Inc., Polynt Spa, Revex Plasticisers Pvt. Ltd., Swancor Holding Co. Ltd., and UPC Technology Corp.. Also, the unsaturated polyester resins market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.