openPR Logo
Press release

Unsaturated Polyester Resins Market to Grow Globally

An unsaturated polyester resin is an essential polymer required for production of composite materials, including mainly glass fibre–reinforced plastics (FRP). FRP composites have a prominent application in various industries such as construction, land transport, and marine. Non-reinforced unsaturated polyester resins are used to manufacture solid-surfaced countertops, marbles, automotive repair putty and ?ller, gel coats, and few other items such as bowling balls and buttons.

To know more about the key players in this market, get in Touch With us for a FREE sample of this report: https://www.coherentmarketinsights.com/insight/request-sample/351

The global unsaturated polyester resins market growth is primarily driven by factors such as increasing demand for composite demand owing to its light weight, superior durability, and low cost. Unsaturated polyester resins are extensively used in various industries to improve thermal, flexure composites mechanical, and morphological attributes. Unsaturated polyester resins are widely used in construction industry in water management systems such as tanks and pipes. Moreover, increasing flexibility and high corrosion resistance properties are expected to fuel growth of the global market during the forecast period (2016-2024). Unsaturated polyester resins also find application in building panels, concrete forming pans, concrete rebar, doors, shower stalls, electrical boxes, and floor grafting. Unsaturated polyester resins are also used in manufacturing recreational products such as sailboats, powerboats, personal watercraft, and kayaks. Increasing demand generated by the recreational industry in terms of enhancing consumer lifestyle is expected to elevate the demand for market over the forecast period. In addition, the unsaturated polyester resins are broadly used in automobile component manufacturing such as body panels due to its light weight property. However, stringent regulations laid down by DOE, EPA, and ANSI pertaining to product storage and product exposure is expected to be a major restraint for growth of the global unsaturated polyester resins market.

Global Unsaturated Polyester Resins: Market Taxonomy

By Product Type

On the basis of product type, the global market is classified into:

Orthophthalic Polyesters
Isophthalic Polyesters
Dicyclopentadiene (DCPD)
Others (Terephthalic Acid, Gelcoat Resins, etc.)
By End-User Industry

Browse Global Strategic Business Report : https://www.coherentmarketinsights.com/ongoing-insight/unsaturated-polyester-resins-market-351

On the basis of end-user industry, the global market is segregated as:

Marine
Building Construction
Transportation
Electrical & Electronics
Power Generation
Oil & Gas
Others (Chemicals, Consumer Goods, etc.)

Among all the end-user industries, building & construction was the leading segment, both in terms of value and volume, in 2015. The segment is also projected to showcase highest growth rate over the forecast period, owing to the rapid growth of the building & construction industries in emerging economies such as China, Brazil, India, UAE, and Brazil, wherein substantial investments are being made in the infrastructure sector.

Among product types, the orthophthalic segment accounted for the highest share of the global unsaturated polyester resins market in 2015, owing to its extensive use in fibre reinforced plastics (FRP), which are extensively used in the automotive, aerospace, marine, and construction industries. However, the DCPD product type is expected to be the fastest growing segment in the foreseeable future.

Global Unsaturated Polyester Resins Market Outlook: Asia Pacific to be the growth engine for the market in the foreseeable future

Geographically, the global unsaturated polyester resins market is classified into North America, Europe, Asia Pacific and the rest of the World. In 2015, Asia Pacific was the largest consumer of unsaturated polyester resins industry, followed by North America and Europe. China was the largest consumer of market of unsaturated polyester resins, with more than 40% share of the total global consumption.

The key players identified in the global unsaturated polyester resins market are Ashland Inc., Tianhe, Changzhou New Solar Co. Ltd., AOC Resins LLC, BASF SE, The Dow Chemical Company, Royal DSM, CCP Composites, Reichhold Inc., and SABIC. Other major players existing in the global unsaturated polyester market space are Scott Bader, U-Pica Technology Group, Polynt Composites, Showa Denko, and Lanxess Aktiengesellschaft among others. These industry players are currently focussed on expanding their global footprint by enhancing their production capacity by means of expansion, setting up a new manufacturing facility and strategic mergers & acquisitions.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
Visit Coherent Market Insights Blog @ https://blog.coherentmarketinsights.com/
Connect with us on LinkedIn @ https://www.linkedin.com/company/coherent-market-insights

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Unsaturated Polyester Resins Market to Grow Globally here

News-ID: 534284 • Views: 332

More Releases from Unsaturated Polyester Resins Market

Unsaturated Polyester Resins Market to 2017 - 2022: Polynt-Reichhold Group, Ashl …
Researchmoz added Most up-to-date research on "Unsaturated Polyester Resins Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022" to its huge collection of research reports. Global Unsaturated Polyester Resins Market: Snapshot The report on the global unsaturated polyester resins market offers comprehensive assessment of key drivers and trends influencing the growth of the market. The research takes into account of various regional and global factors to assess
Unsaturated Polyester Resins Market - Global Industry Insights, Trends, Outlook, …
An unsaturated polyester resin is an essential polymer required for production of composite materials, including mainly glass fibre–reinforced plastics (FRP). FRP composites have a prominent application in various industries such as construction, land transport, and marine. Non-reinforced unsaturated polyester resins are used to manufacture solid-surfaced countertops, marbles, automotive repair putty and ?ller, gel coats, and few other items such as bowling balls and buttons. A sample of this report is available
Unsaturated Polyester Resins Market - Global Industry Insights, Trends, Outlook, …
An unsaturated polyester resin is an essential polymer required for production of composite materials, including mainly glass fibre–reinforced plastics (FRP). FRP composites have a prominent application in various industries such as construction, land transport, and marine. Non-reinforced unsaturated polyester resins are used to manufacture solid-surfaced countertops, marbles, automotive repair putty and ?ller, gel coats, and few other items such as bowling balls and buttons. A sample of this report is available
Unsaturated Polyester Resins Market - Global Industry Analysis 2024
An unsaturated polyester resin is an essential polymer required for production of composite materials, including mainly glass fibre–reinforced plastics (FRP). FRP composites have a prominent application in various industries such as construction, land transport, and marine. Non-reinforced unsaturated polyester resins are used to manufacture solid-surfaced countertops, marbles, automotive repair putty and ?ller, gel coats, and few other items such as bowling balls and buttons. A sample of this report is available

All 5 Releases


More Releases for Coherent

Food Additives Market Segments, Share, Trends 2027 | Coherent Market Insights
The Food Additives report presents high-quality and wide-ranging research study with key factors that are expected to have a Major impact on the Food Additives during the forecast period. The report present Key Market segments valued based on its growth rate and share.This report also provides an analysis of the impact of the COVID-19 pandemic on Industrial Labels Industry.The report explains the historical and current trends that are shaping
Tissue Paper Market Segments, Share, Trends 2027 | Coherent Market Insights
The Tissue Paper Industry market report studies vital factors about the Tissue Paper Industry that are essential to be understood by existing as well as latest market players. The report highlights the essential elements such as market share, profitability, production, sales, manufacturing, advertising, key market players, regional segmentation, and many more crucial aspects related to the Global Tissue Paper Industry Market. This Tissue Paper market report aims to provide all the
Thaumatin Market Segments, Share, Trends 2027| Coherent Market Insights
Coherent Market Insights, the fastest growing market research company, released a report on the Thaumatin . This market report offers an overall scope of the market which includes future supply and demand scenarios, changing market trends, high growth opportunities, and in-depth analysis of the future prospects of the market. The report discusses the competitive data analysis of emerging and leading market players. Further, it offers comprehensive data analysis on risk
Gaffers Tape Market Segments, Share, Trends 2027| Coherent Market Insights
Global Gaffers Tape Market research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global Gaffers Tape analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. Results of the recent scientific undertakings towards the development of Gaffers Tape
AI App Development || Coherent Lab LLP
The IT industry is growing day by day and immense popularity. Nowadays, businesses are in search of better opportunities to make money in more innovative way. Considering the AI (artificial intelligence) in mobile and web app development, we at Coherent Lab LLP focuses on developing practical solutions which streamlines to generate more and more profits and smoothen the operations as well. Situated in the heart of pinkcity, Jaipur, Coherent Lab
PHASE-XS – A New Proprietary Database of Coherent Market Insights
PHASE-XS is a database developed by Coherent Market Insights, a market intelligence and consulting company. This database provides clinical information about phase 3 and phase 4 products for biologics and biosimilars. Information related to trial design, current phase, patent expiry, indication, technology, therapeutic category, approved indications, end point analysis, research locations, dosage, physician-administered or self-administered, route of administration, update, reimbursement, addressable patient population, and more of key data is included