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Unsaturated Polyester Resins Market on Track to Achieve USD 12.34 Billion by 2034 | CAGR: 3.8%

02-20-2025 10:48 AM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

Unsaturated Polyester Resins Market

Unsaturated Polyester Resins Market

Unsaturated Polyester Resins Market

In 2024, the market for unsaturated polyester resins was estimated to be worth USD 8.49 billion. The market is expected to expand at a CAGR of 3.8% from 2025 to 2034, from USD 8.80 billion in 2025 to USD 12.34 billion by 2034.

Market Introduction

Unsaturated polyester resins (UPRs) represent a significant category of thermoset polymers. They are widely utilized because of their affordability, straightforward processing, excellent corrosion resistance, and availability in multiple grades. Throughout their curing process, they do not release any volatile by-products. This characteristic enhances their appeal. They are categorized into five distinct types according to their structure. Unsaturated polyester resins are primarily utilized for plastics reinforced with glass fibers (FRP). Exhibiting outstanding tensile strength, bending strength, impact strength, thermal resistance, corrosion resistance, and electrical properties, they are extensively utilized in housing appliances, building materials, and transportation devices. They are additionally utilized for non-FRP applications such as casting, coating substances, decorative panels, and putty.

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Growth Drivers

• The growth of the unsaturated polyester resins (UPR) market is fueled by the increasing need for lightweight and sturdy materials in multiple industries, including automotive, construction, marine, and aerospace.
• The increasing focus on energy-efficient materials is another essential factor propelling the growth of the market.
• The integration of UPRs in 3D printing technologies is propelling the growth of the unsaturated polyester resins market.
• The increasing demand for bio-based UPRs is enhancing the revenue of the unsaturated polyester resins market.

Key Players in Market

The competitive environment of the unsaturated polyester resins (UPR) sector features a blend of global frontrunners and local competitors striving for market dominance via innovation, strategic partnerships, and territorial growth. Several of the main participants in the unsaturated polyester resins market include:

• INEOS Capital Limited
• BASF SE
• Polynt SpA
• Koninklijke DSM N.V.
• U-PICA Company Ltd.
• Eternal Materials Co., Ltd.
• Dow Inc.
• Allnex GMBH
• Covestro AG
• Scott Bader Company Ltd.
• Tianhe Resin Co., Ltd.
• LERG SA

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Unsaturated Polyester Resins Market Report Highlights

• In terms of product, the orthophthalic resins segment dominated the unsaturated polyester resins (UPR) market in 2024, driven by their affordability, user-friendly properties, and wide-ranging applications.
• Based on form, the powder form segment is anticipated to experience growth during the forecast period, owing to its advantages in handling, minimized wastage, and enhanced storage stability.
• Asia Pacific lead the unsaturated polyester resins (UPR) market in 2024, driven by rapid industrial growth, substantial infrastructure advancements, and rising demand from critical industries such as automotive, construction, and marine.
• The unsaturated polyester resins (UPR) market in North America is poised for substantial growth, supported by continuous technological advancements and rising consumer disposable incomes.

Regional Analysis

Regional analysis provides an examination of the key variables, including social, physical, and economic, in a regional context. It helps companies understand the needs and wants of their customers in target markets. Thus, stakeholders can make informed decisions about their products or service offerings. Also, regional analysis assists businesses in identifying regions with high growth potential and where they should focus their efforts. Furthermore, it can help stakeholders understand local conditions to analyse policy related to global change.

The key regions and sub-regions of the Unsaturated Polyester Resins Market covered in the research report are:
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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Segmental Overview

• The market for unsaturated polyester resins is fundamentally segmented based on product, form, end use, and region.
• In 2024, the orthophthalic resins segment, based on product, led the unsaturated polyester resins (UPR) market thanks to their affordability, user-friendliness, and adaptability across different sectors like automotive, construction, and marine.
• The powder form segment, based on form, is expected to grow at a significant rate over the forecast period because of its convenience in handling, minimized waste, and enhanced storage durability.

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Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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