FRP Unsaturated Polyester Resin Market Forecast 2025, Strategic Insights, Market Trends, and Growth Opportunities Across Industries

LOS ANGELES, United States: QY Research has recently published a research report titled, "Global FRP Unsaturated Polyester Resin Insights - Industry Share, Sales Projections, and Demand Outlook 2025-2031". The global FRP Unsaturated Polyester Resin market is broadly and deeply studied in the report with key focus on the competitive landscape, regional growth, market segmentation, and market dynamics. We have used latest primary and secondary research techniques for compiling this comprehensive research study. The report offers Porter's Five Forces analysis, PESTLE analysis, competitive analysis, manufacturing cost analysis, revenue and production analysis, and various other types of analysis to provide a complete view of the global FRP Unsaturated Polyester Resin market. Each segment of the global FRP Unsaturated Polyester Resin market is carefully analysed on the basis of market share, CAGR, and other vital factors.

The global market for FRP Unsaturated Polyester Resin was estimated to be worth US$ 6648 million in 2024 and is forecast to a readjusted size of US$ 9231 million by 2031 with a CAGR of 4.8% during the forecast period 2025-2031

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The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on FRP Unsaturated Polyester Resin cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Key upstream raw materials for unsaturated polyester resins for FRP include phthalic anhydride, isophthalic acid, and maleic anhydride, primarily supplied by large international chemical companies such as Lanxess, Stepan, Huntsman, and Mitsubishi Chemical, ensuring stable resin synthesis and scalable production. These resins are widely used in the composites industry, particularly in the wind power industry (including GE, TPI Composites, Vestas, and Siemens) for blade manufacturing, and in the pipeline industry (including Amiblu and Future Pipe) for the production of high-performance FRP pipes. Market demand continues to grow, with a trend toward expanding into high-performance applications.

The overall market for unsaturated polyester resins for fiberglass reinforced plastics (FRP) is currently maintaining steady growth, benefiting from sustained demand for FRP products in sectors such as infrastructure construction, transportation, clean energy, and chemical corrosion protection. Due to its combined advantages in performance, cost, and process adaptability, these resins maintain their largest share in the composite materials sector. Ortho-phthalic resins are the most widely used, while iso-phthalic resins, bisphenol A resins, and vinyl ester-modified resins are more widely used in niche markets requiring higher corrosion and heat resistance. With the expansion of emerging applications such as wind turbine blades, large storage tanks, rail transit, and marine engineering, market demand for mid- to high-end resins is gradually increasing, driving product mix upgrades and increasing industry concentration.

Meanwhile, volatile raw material prices and stricter environmental regulations are putting pressure on small and medium-sized enterprises (SMEs), while large enterprises, leveraging their scale, technology, and customer base, are rapidly increasing their market share. Overall, the unsaturated polyester resin market for FRP is expected to maintain moderate growth over the next few years, with a gradual shift in focus from low-end, bulk products to high-performance, customized, and environmentally friendly resins.

Key Players Mentioned in the Global FRP Unsaturated Polyester Resin Market Research Report:

Ashland
BASF SF
Polynt-Reichhold
AOC
U-Pica
Japan Composite
Luxchem Polymer Industries
Tianhe Resin
Changzhou Fangxin
Zhaoqing Futian
Jiangsu Fullmark
Changzhou Huari
Zeyuan Chemical
Guangdong Huaxun
Yabang

The research study includes key results and findings of our monitoring and analysis of the global FRP Unsaturated Polyester Resin market. We have provided crucial data points, which include divestments, new product launches, expansions, partnerships, mergers, acquisitions, and other strategic initiatives taken by players in the global FRP Unsaturated Polyester Resin market. The report also provides price trends for regional markets and analysis of important market events on a regional as well as global scale. Our analysis will enable you to take informed decisions in the global FRP Unsaturated Polyester Resin market relating to procurement, inventory, pricing, and production. We enable you to give a tough competition to your opponents by providing real-time, actionable, and quick market information.

Details of FRP Unsaturated Polyester Resin Market Segmentation: -

Segment by Type:

Orthophthalic
Isophthalic
Dicyclopentadiene (DCPD)
Others

Segment by Application:

Construction Industry
Automotive Industry
Shipbuilding Industry
Others

The analysts have thoroughly studied all the segments including product type, application, and region. The report provides comprehensive analysis of the contribution of the segments to the overall market size. Moreover, the experts have predicted each segment's growth potential, which may assist the clients to plan their future activities. The regional analysis mentioned in the report gives a clear-cut understanding to the market participants regarding the present as well as future scenario of the global FRP Unsaturated Polyester Resin market in key regions.

Regional segmentation is an essential part of the FRP Unsaturated Polyester Resin research report. It analyzes the various regions that the market is segmented on the basis of and evaluates the various influencers. Changing political scenarios, impact of national budgets, governing polices, and importance given to global policies by certain regions and countries has also been discussed in this part of the FRP Unsaturated Polyester Resin research report.

Reasons to Procure this Report: -

(A) The research would help top administration/policymakers/professionals/product advancements/sales managers and stakeholders in this market in the following ways.

(B) The report provides FRP Unsaturated Polyester Resin market revenues at the worldwide, regional, and country-level with a complete analysis to 2028 permitting companies to analyze their market share and analyze projections, and find new markets to aim.

(C) The research includes the FRP Unsaturated Polyester Resin market split by different types, applications, technologies, and end-uses. This segmentation helps leaders plan their products and finances based on the upcoming development rates of each segment.

(D) FRP Unsaturated Polyester Resin market analysis benefits investors by knowing the scope and position of the market giving them information on key drivers, challenges, restraints, and expansion chances of the market and moderate threats.

(E) This report would help to understand competition better with a detailed analysis and key strategies of their competitors and plan their position in the business.

(F) The study helps evaluate FRP Unsaturated Polyester Resin business predictions by region, key countries, and top companies' information to channel their investments.

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Table of Content

1 Market Overview
1.1 FRP Unsaturated Polyester Resin Product Introduction
1.2 Global FRP Unsaturated Polyester Resin Market Size Forecast
1.2.1 Global FRP Unsaturated Polyester Resin Sales Value (2020-2031)
1.2.2 Global FRP Unsaturated Polyester Resin Sales Volume (2020-2031)
1.2.3 Global FRP Unsaturated Polyester Resin Sales Price (2020-2031)
1.3 FRP Unsaturated Polyester Resin Market Trends & Drivers
1.3.1 FRP Unsaturated Polyester Resin Industry Trends
1.3.2 FRP Unsaturated Polyester Resin Market Drivers & Opportunity
1.3.3 FRP Unsaturated Polyester Resin Market Challenges
1.3.4 FRP Unsaturated Polyester Resin Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered

2 Competitive Analysis by Company
2.1 Global FRP Unsaturated Polyester Resin Players Revenue Ranking (2024)
2.2 Global FRP Unsaturated Polyester Resin Revenue by Company (2020-2025)
2.3 Global FRP Unsaturated Polyester Resin Players Sales Volume Ranking (2024)
2.4 Global FRP Unsaturated Polyester Resin Sales Volume by Company Players (2020-2025)
2.5 Global FRP Unsaturated Polyester Resin Average Price by Company (2020-2025)
2.6 Key Manufacturers FRP Unsaturated Polyester Resin Manufacturing Base and Headquarters
2.7 Key Manufacturers FRP Unsaturated Polyester Resin Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of FRP Unsaturated Polyester Resin
2.9 FRP Unsaturated Polyester Resin Market Competitive Analysis
2.9.1 FRP Unsaturated Polyester Resin Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by FRP Unsaturated Polyester Resin Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in FRP Unsaturated Polyester Resin as of 2024)
2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Orthophthalic
3.1.2 Isophthalic
3.1.3 Dicyclopentadiene (DCPD)
3.1.4 Others
3.2 Global FRP Unsaturated Polyester Resin Sales Value by Type
3.2.1 Global FRP Unsaturated Polyester Resin Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global FRP Unsaturated Polyester Resin Sales Value, by Type (2020-2031)
3.2.3 Global FRP Unsaturated Polyester Resin Sales Value, by Type (%) (2020-2031)
3.3 Global FRP Unsaturated Polyester Resin Sales Volume by Type
3.3.1 Global FRP Unsaturated Polyester Resin Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global FRP Unsaturated Polyester Resin Sales Volume, by Type (2020-2031)
3.3.3 Global FRP Unsaturated Polyester Resin Sales Volume, by Type (%) (2020-2031)
3.4 Global FRP Unsaturated Polyester Resin Average Price by Type (2020-2031)

4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Construction Industry
4.1.2 Automotive Industry
4.1.3 Shipbuilding Industry
4.1.4 Others
4.2 Global FRP Unsaturated Polyester Resin Sales Value by Application
4.2.1 Global FRP Unsaturated Polyester Resin Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global FRP Unsaturated Polyester Resin Sales Value, by Application (2020-2031)
4.2.3 Global FRP Unsaturated Polyester Resin Sales Value, by Application (%) (2020-2031)
4.3 Global FRP Unsaturated Polyester Resin Sales Volume by Application
4.3.1 Global FRP Unsaturated Polyester Resin Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global FRP Unsaturated Polyester Resin Sales Volume, by Application (2020-2031)
4.3.3 Global FRP Unsaturated Polyester Resin Sales Volume, by Application (%) (2020-2031)
4.4 Global FRP Unsaturated Polyester Resin Average Price by Application (2020-2031)

5 Segmentation by Region
5.1 Global FRP Unsaturated Polyester Resin Sales Value by Region
5.1.1 Global FRP Unsaturated Polyester Resin Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global FRP Unsaturated Polyester Resin Sales Value by Region (2020-2025)
5.1.3 Global FRP Unsaturated Polyester Resin Sales Value by Region (2026-2031)
5.1.4 Global FRP Unsaturated Polyester Resin Sales Value by Region (%), (2020-2031)
5.2 Global FRP Unsaturated Polyester Resin Sales Volume by Region
5.2.1 Global FRP Unsaturated Polyester Resin Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global FRP Unsaturated Polyester Resin Sales Volume by Region (2020-2025)
5.2.3 Global FRP Unsaturated Polyester Resin Sales Volume by Region (2026-2031)
5.2.4 Global FRP Unsaturated Polyester Resin Sales Volume by Region (%), (2020-2031)
5.3 Global FRP Unsaturated Polyester Resin Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America FRP Unsaturated Polyester Resin Sales Value, 2020-2031
5.4.2 North America FRP Unsaturated Polyester Resin Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe FRP Unsaturated Polyester Resin Sales Value, 2020-2031
5.5.2 Europe FRP Unsaturated Polyester Resin Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific FRP Unsaturated Polyester Resin Sales Value, 2020-2031
5.6.2 Asia Pacific FRP Unsaturated Polyester Resin Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America FRP Unsaturated Polyester Resin Sales Value, 2020-2031
5.7.2 South America FRP Unsaturated Polyester Resin Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa FRP Unsaturated Polyester Resin Sales Value, 2020-2031
5.8.2 Middle East & Africa FRP Unsaturated Polyester Resin Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions FRP Unsaturated Polyester Resin Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions FRP Unsaturated Polyester Resin Sales Value and Sales Volume
6.2.1 Key Countries/Regions FRP Unsaturated Polyester Resin Sales Value, 2020-2031
6.2.2 Key Countries/Regions FRP Unsaturated Polyester Resin Sales Volume, 2020-2031
6.3 United States
6.3.1 United States FRP Unsaturated Polyester Resin Sales Value, 2020-2031
6.3.2 United States FRP Unsaturated Polyester Resin Sales Value by Type (%), 2024 VS 2031
6.3.3 United States FRP Unsaturated Polyester Resin Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe FRP Unsaturated Polyester Resin Sales Value, 2020-2031
6.4.2 Europe FRP Unsaturated Polyester Resin Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe FRP Unsaturated Polyester Resin Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China FRP Unsaturated Polyester Resin Sales Value, 2020-2031
6.5.2 China FRP Unsaturated Polyester Resin Sales Value by Type (%), 2024 VS 2031
6.5.3 China FRP Unsaturated Polyester Resin Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan FRP Unsaturated Polyester Resin Sales Value, 2020-2031
6.6.2 Japan FRP Unsaturated Polyester Resin Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan FRP Unsaturated Polyester Resin Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea FRP Unsaturated Polyester Resin Sales Value, 2020-2031
6.7.2 South Korea FRP Unsaturated Polyester Resin Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea FRP Unsaturated Polyester Resin Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia FRP Unsaturated Polyester Resin Sales Value, 2020-2031
6.8.2 Southeast Asia FRP Unsaturated Polyester Resin Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia FRP Unsaturated Polyester Resin Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India FRP Unsaturated Polyester Resin Sales Value, 2020-2031
6.9.2 India FRP Unsaturated Polyester Resin Sales Value by Type (%), 2024 VS 2031
6.9.3 India FRP Unsaturated Polyester Resin Sales Value by Application, 2024 VS 2031

7 Company Profiles
7.1 Ashland
7.1.1 Ashland Company Information
7.1.2 Ashland Introduction and Business Overview
7.1.3 Ashland FRP Unsaturated Polyester Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Ashland FRP Unsaturated Polyester Resin Product Offerings
7.1.5 Ashland Recent Development
7.2 BASF SF
7.2.1 BASF SF Company Information
7.2.2 BASF SF Introduction and Business Overview
7.2.3 BASF SF FRP Unsaturated Polyester Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 BASF SF FRP Unsaturated Polyester Resin Product Offerings
7.2.5 BASF SF Recent Development
7.3 Polynt-Reichhold
7.3.1 Polynt-Reichhold Company Information
7.3.2 Polynt-Reichhold Introduction and Business Overview
7.3.3 Polynt-Reichhold FRP Unsaturated Polyester Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Polynt-Reichhold FRP Unsaturated Polyester Resin Product Offerings
7.3.5 Polynt-Reichhold Recent Development
7.4 AOC
7.4.1 AOC Company Information
7.4.2 AOC Introduction and Business Overview
7.4.3 AOC FRP Unsaturated Polyester Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 AOC FRP Unsaturated Polyester Resin Product Offerings
7.4.5 AOC Recent Development
7.5 U-Pica
7.5.1 U-Pica Company Information
7.5.2 U-Pica Introduction and Business Overview
7.5.3 U-Pica FRP Unsaturated Polyester Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 U-Pica FRP Unsaturated Polyester Resin Product Offerings
7.5.5 U-Pica Recent Development
7.6 Japan Composite
7.6.1 Japan Composite Company Information
7.6.2 Japan Composite Introduction and Business Overview
7.6.3 Japan Composite FRP Unsaturated Polyester Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Japan Composite FRP Unsaturated Polyester Resin Product Offerings
7.6.5 Japan Composite Recent Development
7.7 Luxchem Polymer Industries
7.7.1 Luxchem Polymer Industries Company Information
7.7.2 Luxchem Polymer Industries Introduction and Business Overview
7.7.3 Luxchem Polymer Industries FRP Unsaturated Polyester Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Luxchem Polymer Industries FRP Unsaturated Polyester Resin Product Offerings
7.7.5 Luxchem Polymer Industries Recent Development
7.8 Tianhe Resin
7.8.1 Tianhe Resin Company Information
7.8.2 Tianhe Resin Introduction and Business Overview
7.8.3 Tianhe Resin FRP Unsaturated Polyester Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Tianhe Resin FRP Unsaturated Polyester Resin Product Offerings
7.8.5 Tianhe Resin Recent Development
7.9 Changzhou Fangxin
7.9.1 Changzhou Fangxin Company Information
7.9.2 Changzhou Fangxin Introduction and Business Overview
7.9.3 Changzhou Fangxin FRP Unsaturated Polyester Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Changzhou Fangxin FRP Unsaturated Polyester Resin Product Offerings
7.9.5 Changzhou Fangxin Recent Development
7.10 Zhaoqing Futian
7.10.1 Zhaoqing Futian Company Information
7.10.2 Zhaoqing Futian Introduction and Business Overview
7.10.3 Zhaoqing Futian FRP Unsaturated Polyester Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Zhaoqing Futian FRP Unsaturated Polyester Resin Product Offerings
7.10.5 Zhaoqing Futian Recent Development
7.11 Jiangsu Fullmark
7.11.1 Jiangsu Fullmark Company Information
7.11.2 Jiangsu Fullmark Introduction and Business Overview
7.11.3 Jiangsu Fullmark FRP Unsaturated Polyester Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Jiangsu Fullmark FRP Unsaturated Polyester Resin Product Offerings
7.11.5 Jiangsu Fullmark Recent Development
7.12 Changzhou Huari
7.12.1 Changzhou Huari Company Information
7.12.2 Changzhou Huari Introduction and Business Overview
7.12.3 Changzhou Huari FRP Unsaturated Polyester Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Changzhou Huari FRP Unsaturated Polyester Resin Product Offerings
7.12.5 Changzhou Huari Recent Development
7.13 Zeyuan Chemical
7.13.1 Zeyuan Chemical Company Information
7.13.2 Zeyuan Chemical Introduction and Business Overview
7.13.3 Zeyuan Chemical FRP Unsaturated Polyester Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Zeyuan Chemical FRP Unsaturated Polyester Resin Product Offerings
7.13.5 Zeyuan Chemical Recent Development
7.14 Guangdong Huaxun
7.14.1 Guangdong Huaxun Company Information
7.14.2 Guangdong Huaxun Introduction and Business Overview
7.14.3 Guangdong Huaxun FRP Unsaturated Polyester Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Guangdong Huaxun FRP Unsaturated Polyester Resin Product Offerings
7.14.5 Guangdong Huaxun Recent Development
7.15 Yabang
7.15.1 Yabang Company Information
7.15.2 Yabang Introduction and Business Overview
7.15.3 Yabang FRP Unsaturated Polyester Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Yabang FRP Unsaturated Polyester Resin Product Offerings
7.15.5 Yabang Recent Development

8 Industry Chain Analysis
8.1 FRP Unsaturated Polyester Resin Industrial Chain
8.2 FRP Unsaturated Polyester Resin Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 FRP Unsaturated Polyester Resin Sales Model
8.5.2 Sales Channel
8.5.3 FRP Unsaturated Polyester Resin Distributors

9 Research Findings and Conclusion

10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

Key Questions Answered in the Report include:

(1) This FRP Unsaturated Polyester Resin report gives all the information about the industry analysis, revenue, and overview, of this market.

(2) What will be the rate of increase in FRP Unsaturated Polyester Resin market size and growth rate by the end of the forecast period?

(3) What are the major global FRP Unsaturated Polyester Resin market trends influencing the development of the market?

(4) What are the vital results of SWOT analysis of the major players operating in the FRP Unsaturated Polyester Resin market?

(5) What are the potential growth opportunities and threats faced by Major competitors in the FRP Unsaturated Polyester Resin market?

(6) What are the market opportunities and threats faced by vendors in the Global FRP Unsaturated Polyester Resin market?

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