Press release
Unsaturated Polyester Resins Market to See Huge Growth by 2032 | AOC, Polynt, INEOS, BASF
Unsaturated Polyester Resins Market
Key Players in This Report Include:
Allnex GmbH, Ashland Inc, BASF SE, Covestro AG, Dow Chemical Co., Eternal Materials Co. Ltd, Evergreen Chemicals Co. Ltd, Huizhou Goodupr Composites Ltd, INEOS, Mitsubishi Gas Chemical Co. Inc, Polynt SpA, Revex Plasticisers Pvt. Ltd, Swancor Holding Co. Ltd, UPC Technology Corp, and Others.
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Global Unsaturated Polyester Resins Market Size is valued at $13.9 Billion in 2024 and is forecast to register a growth rate (CAGR) of 4.8% to reach $20.2 Billion by 2032.
Market Overview:
The unsaturated polyester resins (UPR) market is expanding due to the increasing use of UPR in construction, automotive, and marine industries. These resins are widely used in the production of fiberglass-reinforced plastics, coatings, and adhesives due to their strength, durability, and chemical resistance. The market is driven by the growing demand for lightweight and corrosion-resistant materials in various end-use sectors, along with the rise in infrastructure development projects globally. Additionally, advancements in UPR formulations for eco-friendly, low-emission products further support market growth. However, fluctuations in raw material prices and competition from alternative materials like epoxy and vinyl esters may limit market expansion.
Market Drivers:
Growing demand in construction and marine industries - UPRs are widely used in composite materials for construction and marine applications due to their strength and durability, driving market growth.
Increasing use in automotive and transportation sectors - UPRs are used in automotive parts and components for their lightweight and corrosion-resistant properties, contributing to fuel efficiency.
Rise in demand for renewable energy - The use of unsaturated polyester resins in wind turbine blades and other renewable energy infrastructure is expanding due to the shift towards green energy.
Market Trends:
Growth of bio-based UPRs - There is a rising trend towards the development of bio-based unsaturated polyester resins to address environmental sustainability and reduce dependence on petrochemical resources.
Increased application in 3D printing - UPRs are being explored for use in additive manufacturing and 3D printing of complex parts for industries like aerospace and automotive.
Focus on fire-retardant UPRs - Growing emphasis on safety standards is leading to the development of fire-retardant UPRs for applications in building materials, electrical products, and public transport.
Market Challenges:
Volatility in raw material prices - Fluctuations in the prices of raw materials, particularly petrochemical derivatives, pose challenges to the cost structure of UPR manufacturing.
Environmental concerns over styrene emissions - The use of styrene in unsaturated polyester resin formulations raises environmental and health concerns, leading to potential regulatory pressures.
Major Highlights of the Unsaturated Polyester Resins Market report released by USD Analytics
By Type (Orthophthalic Resin, Isophthalic Resin, Dicyclopentadiene (DCPD), Others), By End-User (Building & Construction, Marine, Transportation, Pipes & Tanks, Electrical & Electronics, Wind Energy, Artificial Stones, Others)
Global Unsaturated Polyester Resins market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
• To carefully analyze and forecast the size of the Unsaturated Polyester Resins market by value and volume.
• To estimate the market shares of major segments of the Unsaturated Polyester Resins market.
• To showcase the development of the Unsaturated Polyester Resins market in different parts of the world.
• To analyze and study micro-markets in terms of their contributions to the Unsaturated Polyester Resins market, their prospects, and individual growth trends.
• To offer precise and useful details about factors affecting the growth of the Unsaturated Polyester Resins market.
• To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Unsaturated Polyester Resins market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Major highlights from Table of Contents:
Unsaturated Polyester Resins Market Study Coverage:
• It includes major manufacturers, emerging player's growth story, and major business segments of Unsaturated Polyester Resins market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Unsaturated Polyester Resins Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Unsaturated Polyester Resins Market Production by Region Unsaturated Polyester Resins Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Unsaturated Polyester Resins Market Report:
• Unsaturated Polyester Resins Overview, Definition and Classification Market drivers and barriers
• Unsaturated Polyester Resins Market Competition by Manufacturers
• Unsaturated Polyester Resins Capacity, Production, Revenue (Value) by Region (2024-2032)
• Unsaturated Polyester Resins Supply (Production), Consumption, Export, Import by Region (2024-2032)
• Unsaturated Polyester Resins Production, Revenue (Value), Price Trend by Type (Orthophthalic Resin, Isophthalic Resin, Dicyclopentadiene (DCPD), Others)
• Unsaturated Polyester Resins Market by End-User (Building & Construction, Marine, Transportation, Pipes & Tanks, Electrical & Electronics, Wind Energy, Artificial Stones, Others)
• Unsaturated Polyester Resins Manufacturers Profiles/Analysis Unsaturated Polyester Resins Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
Browse Complete Summary and Table of Content @: https://www.usdanalytics.com/industry-reports/unsaturated-polyester-resins-market
Key questions answered
• How feasible is Unsaturated Polyester Resins market for long-term investment?
• What are influencing factors driving the demand for Unsaturated Polyester Resins near future?
• What is the impact analysis of various factors in the Global Unsaturated Polyester Resins market growth?
• What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, or Southeast Asia.
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Harry (Business Consultant)
USD Analytics Market
Phone: +1 213-510-3499
sales@usdanalytics.com
USD Analytics is a leading information and analytics provider for customers across industries worldwide. Our high-quality research publications are connected market. Intelligence databases and consulting services support end-to-end support our customer research needs.
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