Unsaturated Polyester Resin Market: Market Size, Trends and Growth Analysis
Unsaturated Polyester Resin Market Trends and Forecast
The future of the unsaturated polyester resin looks promising with opportunities in the beauty and personal care market. The global unsaturated polyester resin is expected to reach an estimated $14.8 Billion by 2027 with a CAGR of 4.8% from 2021 to 2027. The major drivers for this market are growing infrastructural investments and rehabilitation of old infrastructural projects and increasing need for lightweight products with ease of handling, transportation, and installation.
Emerging Trends in the Unsaturated Polyester Resin Market
Emerging trends, which have a direct impact on the dynamics of the unsaturated polyester resin market, includes low styrene content unsaturated polyester resin and increasing use of ecofriendly unsaturated polyester resin.
A total of 116 figures / charts and 156 tables are provided in this 233-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the global unsaturated polyester resin market report, please download the report brochure.
Unsaturated Polyester Resin Market by Segment
The study includes a forecast for the global unsaturated polyester resin by end use, product type, manufacturing process, and region as follows:
Unsaturated Polyester Resin Market by End Use [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:
- Transportation
- Marine
- Wind Energy
- Aerospace
- Pipe and Tank
- Construction
- Electrical and Electronics
- Consumer Goods
- Non-FRP
- Gelcoat
- Others
Unsaturated Polyester Resin Market by Product Type [Value ($M) and Value (M lbs) shipment analysis for 2016 – 2027]:
- Orthophthalic
- Isophthalic
- DCPD
- Others
Unsaturated Polyester Resin Market by Manufacturing Process [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:
- Hand Layup
- Spray-Up
- Filament Winding
- Compression Molding
- RTM/Injection Molding
- Pultrusion
- Others
Unsaturated Polyester Resin Market by Region [Value ($M) shipment analysis for 2016 – 2027]:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- The United Kingdom
- France
- Spain
- Asia Pacific
- China
- Japan
- India
- The Rest of the World
- Brazil
List of Unsaturated Polyester Resin Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies unsaturated polyester resin companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the unsaturated polyester resin companies profiled in this report include
- Polynt Reichhold
- AOC
- Ashland (INEOS Enterprises)
- Xinyang Technology Group
- Tianhe Resin Company Ltd
Unsaturated polyester resin Insight
- Lucintel forecasts construction will remain the largest end use by value and volume due to increasing residential and commercial construction and growth in remolding activities. Wind energy is expected to witness highest growth over the forecast period due to the growing usages of lightweight and high performance materials.
- Hand layup is expected to remain the largest manufacturing process segment because it is the most basic and versatile process among all the fabricating processes.
- APAC will remain the largest region and it is also expected to witness highest growth over the forecast period due to rapid industrialization, increasing urbanization, and growing per capita income in the emerging countries is giving rise to residential and commercial construction and growing investment in water and wastewater infrastructure.
Features of Recycled Carbon Fiber Market
- Market Size Estimates Global unsaturated polyester resin market size estimation in terms of value ($M) shipment and volume (M lbs).
- Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
- Segmentation Analysis: Market size by end use, product type, manufacturing process and region.
- Regional Analysis: Unsaturated polyester resin market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different end use, product type, manufacturing process, and regions for the global unsaturated polyester resin market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the global unsaturated polyester resin market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the unsaturated polyester resin size?
Answer: The global unsaturated polyester resin is expected to reach an estimated $14.8 billion by 2027.
Q2. What is the growth forecast for unsaturated polyester resin?
Answer: The unsaturated polyester resin is expected to grow at a CAGR of 4.8% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the unsaturated polyester resin?
Answer: The major drivers for this market are growing infrastructural investments and rehabilitation of old infrastructural projects and increasing need for lightweight products with ease of handling, transportation, and installation.
Q4. What are the major end uses for unsaturated polyester resin?
Answer: Construction and non-FRP use are the major end uses for unsaturated polyester resin.
Q5. What are the emerging trends in unsaturated polyester resin?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, includes low styrene content unsaturated polyester resin and increasing use of ecofriendly unsaturated polyester resin.
Q6. Who are the key unsaturated companies?
Answer: Some of the key unsaturated companies are as follows:
- Polynt Reichhold
- AOC
- Ashland (INEOS Enterprises)
- Xinyang Technology Group
- Tianhe Resin Company Ltd
Q7. Which unsaturated polyester resin manufacturing process segment will be the largest in future?
Answer: Lucintel forecasts that hand layup is expected to remain the largest manufacturing process segment because it is the most basic and versatile process among all the fabricating processes.
Q8. In unsaturated polyester resin, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the global unsaturated polyester resin market by end use (transportation, marine, wind energy, aerospace, pipe and tank, construction, electrical and electronics, consumer goods, non-FRP, gelcoat, and others), product type (orthophthalic, isophthalic, DCPD, and others), manufacturing process (hand layup, spray-up, filament winding, compression molding, RTM/injection Molding, pultrusion, and others), and by region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?
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