Unsaturated Polyester Resins Market on the Rise: Expected Demand of USD 17.23 Bn by 2030

𝐔𝐧𝐬𝐚𝐭𝐮𝐫𝐚𝐭𝐞𝐝 𝐏𝐨𝐥𝐲𝐞𝐬𝐭𝐞𝐫 𝐑𝐞𝐬𝐢𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 is expected to grow at a CAGR of 4.6% during the forecast period and market is projected to reach US$ 17.23 Bn. by 2030.

𝐔𝐧𝐬𝐚𝐭𝐮𝐫𝐚𝐭𝐞𝐝 𝐏𝐨𝐥𝐲𝐞𝐬𝐭𝐞𝐫 𝐑𝐞𝐬𝐢𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The Unsaturated Polyester Resins (UPRs) market is anticipated to experience significant growth, driven by their extensive use in various industries such as construction, automotive, marine, and chemical production. These resins, synthesized from unsaturated acids and diols, form strong, durable coatings when cross-linked with vinyl reactive monomers. The demand for UPRs is fueled by their versatility in producing fiberglass-reinforced products, corrosion-resistant coatings, and low-contraction components, especially in sectors like building and construction, tanks, pipes, and marine applications. With increased infrastructure development in emerging economies and technological advancements, the market is poised for sustained growth in the coming years. Additionally, the rising shift towards UPRs in place of metals such as aluminum and steel further enhances their market potential, particularly in cost-effective applications.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐒𝐞𝐞 𝐭𝐡𝐞 𝐓𝐫𝐞𝐧𝐝𝐬? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨𝐝𝐚𝐲 :https://www.maximizemarketresearch.com/request-sample/44556/

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐬𝐚𝐭𝐮𝐫𝐚𝐭𝐞𝐝 𝐏𝐨𝐥𝐲𝐞𝐬𝐭𝐞𝐫 𝐑𝐞𝐬𝐢𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭:

Key drivers in the Unsaturated Polyester Resins market include the rapid expansion of the construction industry, particularly in developing regions like Asia Pacific and Latin America, where infrastructure projects are on the rise. The increased use of fiberglass-reinforced plastic (FRP) in construction materials, tanks, and pipes is pushing UPR demand. Additionally, the automotive and marine sectors are investing heavily in UPR-based materials due to their chemical resistance, lightweight properties, and cost-effectiveness. As the global chemical industry continues to evolve, the demand for UPRs is expected to grow, supported by ongoing innovations and the development of more efficient production processes. However, fluctuations in raw material prices and challenges in recyclability remain as potential restraints for market growth.

𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐬𝐚𝐭𝐮𝐫𝐚𝐭𝐞𝐝 𝐏𝐨𝐥𝐲𝐞𝐬𝐭𝐞𝐫 𝐑𝐞𝐬𝐢𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐔𝐩𝐝𝐚𝐭𝐞𝐬

𝐔𝐧𝐬𝐚𝐭𝐮𝐫𝐚𝐭𝐞𝐝 𝐏𝐨𝐥𝐲𝐞𝐬𝐭𝐞𝐫 𝐑𝐞𝐬𝐢𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

Vietnam's expanding construction and automotive sectors are fueling a surge in demand for unsaturated polyester resins. The country's industrial growth is aligned with rising infrastructure projects and automotive manufacturing, providing a solid base for UPR applications.

In recent years, local companies such as Vietnam Resin Company have expanded their product offerings, enhancing the availability of UPRs for regional customers. Government investments in transportation and manufacturing infrastructure are expected to further propel market demand.

𝐓𝐡𝐞 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐜𝐚𝐧 𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 :https://www.maximizemarketresearch.com/inquiry-before-buying/44556/

𝐔𝐏𝐑 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

Thailand's unsaturated polyester resin industry is experiencing significant consolidation, with key players seeking to strengthen their positions. Companies like Thai Chemical Group are forging partnerships to improve production capabilities, enabling them to better serve the growing demand in the construction and automotive sectors.

Recent acquisitions have helped regional manufacturers enhance their product portfolios and expand into new markets, fostering industry consolidation and innovation.

𝐉𝐚𝐩𝐚𝐧'𝐬 𝐔𝐧𝐬𝐚𝐭𝐮𝐫𝐚𝐭𝐞𝐝 𝐏𝐨𝐥𝐲𝐞𝐬𝐭𝐞𝐫 𝐑𝐞𝐬𝐢𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧

Japan remains one of the leading markets for unsaturated polyester resins in the Asia-Pacific region. The country's advanced technological capabilities in automotive and marine industries provide numerous opportunities for UPR producers. Companies like Mitsubishi Chemical Corporation are investing in upgrading production facilities to meet the evolving needs of these industries.

Japan's focus on eco-friendly materials and energy-efficient production methods is shaping the future of the UPR market, with a noticeable trend towards sustainable, low-emission products.

𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚: 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐔𝐏𝐑 𝐌𝐚𝐫𝐤𝐞𝐭 𝐟𝐨𝐫 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐂𝐨𝐦𝐩𝐨𝐬𝐢𝐭𝐞𝐬

The South Korean market for unsaturated polyester resins is witnessing robust growth, driven by the automotive industry's demand for lightweight materials. The automotive sector, which is a key contributor to the UPR market in South Korea, is focusing on reducing vehicle weight to meet stringent emissions regulations. This trend is expected to sustain the growth of UPR consumption in the country.

Key players such as Hyundai Chemical Company are leading the charge in innovating high-performance UPR products for use in vehicle manufacturing, specifically in the production of parts that require enhanced durability and impact resistance.

𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞'𝐬 𝐔𝐏𝐑 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐄𝐦𝐞𝐫𝐠𝐢𝐧𝐠 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐌𝐚𝐫𝐢𝐧𝐞 𝐚𝐧𝐝 𝐂𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧

Singapore's strategic positioning as a key maritime hub has significantly contributed to the growth of unsaturated polyester resins in the marine industry. The market is also supported by the country's growing demand for sustainable construction materials. Companies like Singapore Polymer Co. Ltd. are adapting their product offerings to meet the specific needs of these sectors, further strengthening their market presence.

The demand for high-performance UPRs for use in shipbuilding and offshore construction is particularly strong, driven by Singapore's expanding maritime industry.

𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬: 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐔𝐏𝐑 𝐟𝐨𝐫 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥𝐬

The U.S. remains a dominant force in the unsaturated polyester resins market, with significant investments in sustainable building materials and composites. The growing emphasis on green building materials, such as those used in eco-friendly construction projects, is creating new opportunities for UPR manufacturers.

Key industry players like Ashland Global and Interplastic Corporation are focusing on expanding their range of UPR products tailored for environmentally conscious consumers, which is driving growth in the North American market.

𝐄𝐮𝐫𝐨𝐩𝐞: 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐚𝐧𝐝 𝐂𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧 𝐒𝐞𝐜𝐭𝐨𝐫𝐬

The European market for unsaturated polyester resins is evolving, with increasing demand in the automotive and construction sectors. The region's commitment to sustainable development and energy-efficient construction projects is contributing to the growth of UPR consumption, especially in countries like Germany and France.

European companies, including Huntsman Corporation and Reichhold Inc., are investing in innovations to reduce environmental impact and improve the performance of UPRs. Mergers and acquisitions among these players are expected to create a more competitive market, fostering new technologies and growth avenues.

𝐊𝐞𝐲 𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬

𝐇𝐏 𝐈𝐧𝐜. launched a new range of Unsaturated Polyester Resinss equipped with advanced wireless features, targeting the retail and logistics sectors.

𝐄𝐩𝐬𝐨𝐧 introduced eco-friendly Unsaturated Polyester Resinss, catering to the growing demand for sustainable printing solutions in Europe and North America.

𝐂𝐚𝐧𝐨𝐧 continues to innovate with the development of compact, high-performance Unsaturated Polyester Resinss for the healthcare and retail industries.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐮𝐥𝐥 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 @https://www.maximizemarketresearch.com/request-sample/44556/

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐔𝐧𝐬𝐚𝐭𝐮𝐫𝐚𝐭𝐞𝐝 𝐏𝐨𝐥𝐲𝐞𝐬𝐭𝐞𝐫 𝐑𝐞𝐬𝐢𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭:

by Product Type

Orthophthalic polyesters
Isophthalic polyesters
Dicyclopentadiene (DPCD)
Others

by End User

Building & construction
Tanks & pipes
Electrical
Transport
Artificial stones
Others

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐯𝐢𝐬𝐢𝐭:https://www.maximizemarketresearch.com/market-report/unsaturated-polyester-resins-market/44556/

𝐖𝐡𝐨 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐨𝐟 𝐔𝐧𝐬𝐚𝐭𝐮𝐫𝐚𝐭𝐞𝐝 𝐏𝐨𝐥𝐲𝐞𝐬𝐭𝐞𝐫 𝐑𝐞𝐬𝐢𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞?

1. BASF SE
2. Dow Chemical Company
3. Ashland, Inc.
4. Swancor
5. E. I. du Pont de Nemours and Company
6. Reichhold LLC
7. DSM
8. Royal DSM
9. U-Pica Technology Group
10. Tianhe
11. Changzhou New Solar Co. Ltd.
12. AOC Resins LLC
13. CCP Composites
14. SABIC
15. Eternal Chemical Co. Ltd.
16. Lanxess AG
17. Koninklijke DSM N.V.
18. Polynt Group
19. UPC Technology Corp.
20. Nuplex Industries Ltd.
21. Scott Bader Company Ltd.
22. U-Pica Technology Group
23. INEOS
24. Satyen Polymers Pvt. Ltd.
25. Tianhe Resin Co., Ltd.
26. LERG SA.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 :

♦ Global Wireless In Flight Entertainment Market : https://www.maximizemarketresearch.com/market-report/global-wireless-in-flight-entertainment-market/19884/

♦ Global Artificial Intelligence in Aviation Market : https://www.maximizemarketresearch.com/market-report/global-artificial-intelligence-aviation-market/1727/

♦ Global Medical Terminology Software Market : https://www.maximizemarketresearch.com/market-report/global-medical-terminology-software-market/28517/

♦ Global Polysorbate-80 Market : https://www.maximizemarketresearch.com/market-report/global-polysorbate-80-market/77792/

♦ Power Transmission Component Market : https://www.maximizemarketresearch.com/market-report/power-transmission-component-market/11649/

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

𝐌𝐀𝐗𝐈𝐌𝐈𝐙𝐄 𝐌𝐀𝐑𝐊𝐄𝐓 𝐑𝐄𝐒𝐄𝐀𝐑𝐂𝐇 𝐏𝐕𝐓. 𝐋𝐓𝐃.
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