About Contact Us Careers
Sign In

Unsaturated Polyester Resin Market Trends

  • Report ID: 5178
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Global Unsaturated Polyester Resin Market TOC

  1. An Introduction to the Research Study
    1. Definition of the Market and the Segments
    2. Acronyms and Assumptions
  2. The Research Procedure
    1. Sources of Data
      1. Secondary
      2. Primary
        1. Manufacturer Front
        2. End User Front
    2. Calculation and Derivation of Market Size
      1. Top-Down Approach
      2. Bottom-up Approach
  3. An Abstract of the Report
  4. Evaluation of Market Fluctuations and Outlook
    1. Market Growth Drivers
    2. Market Growth Deflation
    3. Market Trends
  5. Fundamental Market Prospects
    1. Strategic Competitive Opportunities
    2. Geographic Opportunities
    3. Application Centric Opportunities
  6. Regulatory & Standards Landscape
  7. Decarbonization Strategy and Carbon Credit Benefits for Market Players
    1. Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 200 Countries
    2. Measures taken by Countries to Reduce Carbon Footprints
    3. Carbon Credits and Subsidy Plans/Benefits Rolled out by the Government for Market Players
    4. Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
    5. Demand Impact on the Companies Opting for Carbon Credits
  8. Economic Outlook: Global
  9. Technological Shift and Implementation Analysis
  10. Industry Supply Chain Analysis
  11. Product Feature Analysis
  12. Industry Growth Outlook w.r.to Product
  13. Analysis on Ongoing Trends in Unsaturated Polyester Resin Market
    1. Application in Building & Construction
    2. Gelcoats
    3. Unsaturated Polyester Resin Nanocomposites Based on Post-Consumer Polyethylene Terephthalate
    4. Others
  14. Analysis on Unsaturated Polyester Resin
    1. Analysis on Properties of Polyester Resin
    2. Formulation of Unsaturated Polyester Resin
    3. Difference between Unsaturated Polyester Resin and Saturated Polyester Resin
  15. Analysis on the Process for Manufacturing Unsaturated Polyester Resins
    1. Mixing and Dispersing Processes
    2. Optimized Viscosity
    3. Reduced Shrinkage
  16. Trade Outlook
    1. Import Analysis, 2020-2023
      1. By Value, (USD million)
      2. Key Importing countries
    2. Export Analysis, 2020-2023
      1. By Value, (USD million)
      2. Key Exporting Countries
  17. End User Analysis
  18. Pricing Analysis
  19. Global Unsaturated Polyester Resin Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Overview
    2. Market Revenue by Value (USD million), and Compound Annual Growth Rate (CAGR)
    3. Global Unsaturated Polyester Resin Market Outlook & Projections, Opportunity Assessment by Segment
      1. By Product
        1. Dicyclopentadiene (DCPD), Market Value (USD Million), Current and Future Projections, 2023-2036
        2. Orthophthalic, Market Value (USD Million), Current and Future Projections, 2023-2036
        3. Isophthalic, Market Value (USD Million), Current and Future Projections, 2023-2036
        4. Others, Market Value (USD Million), Current and Future Projections, 2023-2036
      2. By End User
        1. Building & Construction, Market Value (USD Million), Current and Future Projections, 2023-2036
        2. Tanks & Pipes, Market Value (USD Million), Current and Future Projections, 2023-2036
        3. Electrical, Market Value (USD Million), Current and Future Projections, 2023-2036
        4. Marine, Market Value (USD Million), Current and Future Projections, 2023-2036
        5. Transport, Market Value (USD Million), Current and Future Projections, 2023-2036
        6. Paints and Coatings, Market Value (USD Million), Current and Future Projections, 2023-2036
        7. Others, Market Value (USD Million), Current and Future Projections, 2023-2036
      3. By Region
        1. North America, Market Value (USD Million), Current and Future Projections, 2023-2036
        2. Asia Pacific, Market Value (USD Million), Current and Future Projections, 2023-2036
        3. Europe, Market Value (USD Million), Current and Future Projections, 2023-2036
        4. Latin America, Market Value (USD Million), Current and Future Projections, 2023-2036
        5. Middle East & Africa, Market Value (USD Million), Current and Future Projections, 2023-2036
  20. Cross Analysis of Product w.r.t. End User (USD Million), 2023
  21. North America Unsaturated Polyester Resin Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Overview
    2. Market Revenue by Value (USD million), and Compound Annual Growth Rate (CAGR)
    3. North America Unsaturated Polyester Resin Market Outlook & Projections, Opportunity Assessment by Segment
      1. By Product
        1. Dicyclopentadiene (DCPD), Market Value (USD Million), Current and Future Projections, 2023-2036
        2. Orthophthalic, Market Value (USD Million), Current and Future Projections, 2023-2036
        3. Isophthalic, Market Value (USD Million), Current and Future Projections, 2023-2036
        4. Others, Market Value (USD Million), Current and Future Projections, 2023-2036
      2. By End User
        1. Building & Construction, Market Value (USD Million), Current and Future Projections, 2023-2036
        2. Tanks & Pipes, Market Value (USD Million), Current and Future Projections, 2023-2036
        3. Electrical, Market Value (USD Million), Current and Future Projections, 2023-2036
        4. Marine, Market Value (USD Million), Current and Future Projections, 2023-2036
        5. Transport, Market Value (USD Million), Current and Future Projections, 2023-2036
        6. Paints and Coatings, Market Value (USD Million), Current and Future Projections, 2023-2036
        7. Others, Market Value (USD Million), Current and Future Projections, 2023-2036
      3. By Country
        1. U.S., Market Value (USD Million), Current and Future Projections, 2023-2036)
        2. Canada, Market Value (USD Million), Current and Future Projections, 2023-2036
  22. Europe Unsaturated Polyester Resin Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Overview
    2. Market Revenue by Value (USD million), and Compound Annual Growth Rate (CAGR)
    3. Europe Unsaturated Polyester Resin Market Outlook & Projections, Opportunity Assessment by Segment
      1. By Product
      2. By End User
      3. By Country
        1. U.K., Market Value (USD Million), Current and Future Projections, 2023-2036
        2. Germany, Market Value (USD Million), Current and Future Projections, 2023-2036
        3. Italy, Market Value (USD Million), Current and Future Projections, 2023-2036
        4. France, Market Value (USD Million), Current and Future Projections, 2023-2036
        5. Spain, Market Value (USD Million), Current and Future Projections, 2023-2036
        6. Russia, Market Value (USD Million), Current and Future Projections, 2023-2036
        7. Netherland, Market Value (USD Million), Current and Future Projections, 2023-2036
        8. Rest of Europe, Market Value (USD Million), Current and Future Projections, 2023-2036
  23. Asia Pacific Unsaturated Polyester Resin Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Overview
    2. Market Revenue by Value (USD million), and Compound Annual Growth Rate (CAGR)
    3. Asia Pacific Unsaturated Polyester Resin Market Outlook & Projections, Opportunity Assessment by Segment
      1. By Product
      2. By End User
      3. By Country
        1. Australia, Market Value (USD Million), Current and Future Projections, 2023-2036
        2. Japan, Market Value (USD Million), Current and Future Projections, 2023-2036
        3. Singapore, Market Value (USD Million), Current and Future Projections, 2023-2036
        4. South Korea, Market Value (USD Million), Current and Future Projections, 2023-2036
        5. India, Market Value (USD Million), Current and Future Projections, 2023-2036
        6. China, Market Value (USD Million), Current and Future Projections, 2023-2036
        7. Rest of Asia Pacific, Market Value (USD Million), Current and Future Projections, 2023-2036
  24. Latin America Unsaturated Polyester Resin Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Overview
    2. Market Revenue by Value (USD million), and Compound Annual Growth Rate (CAGR)
    3. Latin America Unsaturated Polyester Resin Market Outlook & Projections, Opportunity Assessment by Segment
      1. By Product
      2. By End User
      3. By Country
        1. Brazil, Market Value (USD Million), Current and Future Projections, 2023-2036
        2. Argentina, Market Value (USD Million), Current and Future Projections, 2023-2036
        3. Mexico, Market Value (USD Million), Current and Future Projections, 2023-2036
        4. Rest of Latin America, Market Value (USD Million), Current and Future Projections, 2023-2036
  25. Middle East and Africa Unsaturated Polyester Resin Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Overview
    2. Market Revenue by Value (USD million), and Compound Annual Growth Rate (CAGR)
    3. Middle East and Africa Unsaturated Polyester Resin Market Outlook & Projections, Opportunity Assessment by Segment
      1. By Product
      2. By End User
      3. By Country
        1. GCC, Market Value (USD Million), Current and Future Projections, 2023-2036
        2. Israel, Market Value (USD Million), Current and Future Projections, 2023-2036
        3. South Africa, Market Value (USD Million), Current and Future Projections, 2023-2036
        4. Rest of Middle East & Africa, Market Value (USD Million), Current and Future Projections, 2023-2036
  26. Comprehensive Analysis of Leading Players in the Market
    1.  Market share of Key Competitors in the Market, (%) 2023
    2. Benchmarking of the Competitors
    3. Profile of the Major Vendors
      1. KITAMURA CHEMICALS CO., LTD.
      2. DIC Corporation
      3. U-PICA Company.Ltd.
      4. Japan Composite Co., LTD.
      5. BASF SE
      6. UPC Technology Corporation
      7. Eternal Materials Co., Ltd.
      8. Scott Bader Company Ltd
      9. Resonac Holdings Corporation
      10. Qualipoly Chemical Corporation (QPC)

Unsaturated Polyester Resin Market Trends

Growth Drivers

  •  Increasing Construction Activities in Developing Countries – The increasing construction activities, both residential and commercial, in emerging countries are fueling the demand for unsaturated polyester resins since they have excellent tensile strength, bending strength, impact strength, heat resistance, corrosion resistance, and electric property, making them suitable for housing and construction materials. For instance, foreign direct investment (FDI) in India between April 2000 and September 2022, in the development of construction projects, such as townships, housing, and built-up infrastructure amounted to approximately USD 26.23 billion.
  • Rapid Expansion of the Paints & Coatings Industry – The rapid expansion of the paints and coatings industry presents a significant growth opportunity for the unsaturated polyester resin market. As they are used for surface coating as filler, sealer, and top-coat of wood to provide better scratch resistance, and chemical resistance, to reduce hardness, and to increase flexibility and impact strength. Furthermore, the rising utilization of coating resins in architectural coatings due to their versatility, and properties, such as adhesion, durability, and weather resistance is propelling its market growth. According to the American Coatings Association (ACA), nearly 868 million gallons of architectural paint were utilized in the US in 2021.
  • Rising Projects of Wind Power- In 2021, global offshore wind installations reached a new high of 17,398 MW, extending the total power generation capacity actually installed to 50,623 MW spanning 257 projects. Unsaturated polyester resin is utilized in making the wind turbine blades by getting mixed in the matrix.

Challenges

  • Availability of Alternative – The availability of substitutes, such as epoxy resin may hinder the growth of unsaturated polyester resin. Epoxy has a low shrinkage percentage, which is important for applications requiring geometrical precision. Further, it also has high environmental durability; more resistant to wearing, cracking, peeling, and corrosion or damage from chemical and environmental degradation since it is resistant to moisture.
  • Rising Raw Material Prices
  • Complexity with the Use of Styrene in Producing Unsaturated Polyester Resin

Unsaturated Polyester Resin Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

6.3%

Base Year Market Size (2024)

USD 13.97 billion

Forecast Year Market Size (2037)

USD 30.37 billion

Regional Scope
  • North America (U.S., and Canada)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, Netherlands, and Rest of Europe)
  • Asia-Pacific (Australia, China, India, South Korea, Australia, Singapore, Rest of Asia-Pacific)
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
  • Middle East and Africa (Israel, GCC, South Africa, Rest of the Middle East and Africa)
Get more information on this report: Request Free Sample PDF
Browse Key Market Insights with Data Illustration:

Author Credits:  Rajrani Baghel


  • Report ID: 5178
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of unsaturated polyester resin is estimated at USD 14.66 billion.

The unsaturated polyester resin market size was over USD 13.97 billion in 2024 and is projected to cross USD 30.37 billion by the end of 2037, growing at more than 6.3% CAGR during the forecast period i.e., between 2025-2037. Growing construction industry and the rising adoption of bio-based unsaturated polyester resins around the globe will boost the market growth.

Asia Pacific industry share is anticipated to reach 52% by 2037, led by growth in demand for unsaturated polyester resins in the region.

The major players in the market include KITAMURA CHEMICALS CO., LTD, DIC Corporation, U-PICA Company. Ltd., Japan Composite Co., LTD, BASF SE, UPC Technology Corporation, Eternal Materials Co., Ltd., Scott Bader Company Ltd, Resonac Holdings Corporation, Qualipoly Chemical Corporation (QPC).
Inquiry Before Buying Request Free Sample

Copyright © 2024 Research Nester. All Rights Reserved

logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample