Unsaturated Polyester Resin Segmentation
Type (Orthophthalic Polyester Resin, Isophthalic Polyester Resin, Terephthalic Polyester Resin, Others)
The orthophthalic polyester resin segment is projected to capture 43.1% of the global unsaturated polyester resin market share through 2037. The cost-effectiveness and ease of processing are primarily boosting the sales of orthophthalic polyester resins. The end users are increasingly investing in orthophthalic polyester resins owing to their good mechanical properties and high performance. The construction and automotive companies are expected to be prime end users of orthophthalic polyester resins during the forecast period. Innovations aimed at enhancing fire retardancy and durability are set to propel the sales of orthophthalic polyester resins in the years ahead.
End user (Automotive, Construction, Marine, Electrical & Electronics, Consumer Goods)
The automotive segment is anticipated to account for 44.2% of the global unsaturated polyester resin market share throughout the forecast period. The growing demand for lightweight and fuel-efficient vehicles is creating a profitable environment for unsaturated polyester resin manufacturers. The growth in the adoption of zero-emission vehicles is expected to fuel the consumption of unsaturated polyester resins. Furthermore, regulatory policies aimed at lowering vehicular emissions are poised to increase the adoption of specialized chemicals, including unsaturated polyester resins.
Our in-depth analysis of the global unsaturated polyester resin market includes the following segments:
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