Unsaturated Polyester Resins Market is Forecasted to Reach US$ 14.98 billion in 2028, Says Stratview Research

The global unsaturated polyester resins market is projected to witness a growth rate of 6.05% annually from 2022 to 2028, with an anticipated size of US$ 14.98 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global unsaturated polyester resins market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
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Report Highlights:
Market Size in 2028: US$ 14.98 billion
Growth (CAGR): 6.05% during 2022-2028
Forecast Period: 2022-2028
Trend Period: 2016-2020
Base Year: 2021
Number of Segments Covered: 3
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Unsaturated Polyester Resins Market:

The global unsaturated polyester resins market is segmented based on type, end-use industry, and region.

Based on type - "Orthophthalic resins would lead the market in the coming five years."
Based on the type, the market has been segmented as orthophthalic resins, isophthalic resins, dicyclopentadiene (DCPD) resins, and others. It is estimated that orthophthalic resins will lead the market in the coming five years, owing to their rich properties, such as cost-effectiveness, durability, and chemical tolerance. They are extensively used in the manufacturing of hulls and decks of boats, wind blades, and land transportation components which drive the market globally.

Based on end-use industry type - "Building & construction segment is estimated to lead the market during the forecast period."
Based on the end-use industry type, the market is segmented as building & construction, land transportation, pipes & tanks, electrical & electronics, wind energy, artificial stones, and others. The building & construction segment is estimated to lead the market during the forecast period. This unprecedented growth is attributed to the rising demand for infrastructural developments in emerging economies.

To know the most attractive segments, click here:
https://www.stratviewresearch.com/618/unsaturated-polyester-resins-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific is expected to remain the largest market during the forecast period. This growth outlook is majorly attributed to the following-

• China and India will be the growth engines of the region.
• The market is driven by the increasing demand for infrastructural developments during the forecast period.
• North America is also expected to be the largest market in the coming five years.

Unsaturated Polyester Resins Market Drivers:

Some of the key drivers listed in the report are given below.
The growth of the UPRS market is driven by the demand for better performance in modern applications, driven by the increasing demand for UPRs. UPRs offer advantages like low prices, fast curing times, energy efficiency, and cost reductions, making them a significant player in the end-use industries.

Top Companies in the Unsaturated Polyester Resins Market:

Stratview Research has identified the following companies as the top market players.
• Ashland Inc.
• Aoc LLC
• BASF SE
• Koninklijke DSM N.V.
• Nuplex Industries Ltd.
• Reichhold Inc.
• Polynt Group
• Scott Bader Company Ltd.
• U-Pica Company Ltd.
• UPC Technology Corp.

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Unsaturated Polyester Resins Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:
• Saturated Polyester Resin Market: https://www.stratviewresearch.com/1465/saturated-polyester-resin-market.html
• Polyester Fiber Market: https://www.stratviewresearch.com/1061/polyester-fiber-market.html

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This release was published on openPR.