openPR Logo
Press release

Unsaturated Polyester Resins Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016-2024

Unsaturated Polyester Resins Market - Global Industry

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.

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.

A sample of this report is available upon request: https://www.coherentmarketinsights.com/insight/request-sample/351

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

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 - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016-2024 here

News-ID: 570675 • Views:

More Releases from Unsaturated Polyester Resins Market

Unsaturated Polyester Resins Market to 2017 - 2022: Polynt-Reichhold Group, Ashland Inc., Royal DSM, AOC, BASF SE, U-Pica Company Ltd., UPC Technology Corp., Nuplex Industries Ltd
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, and Opportunity Analysis, 2016-2024
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, and Opportunity Analysis, 2016-2024
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
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 Industry

Hydro Lubricants Market Size, Analysis, and Forecast Report 2018 to 2026(By Indu …
The rising demand for hydro lubricants from manufacturing sector is also multiplying at a faster rate, on the back of their competency in upgrading the service-life of machinery. The hydro lubricants market is primarily driven on account of its low-friction attributes, which makes it highly likely to outshine the synthetic variants. Moreover, the demand for hydro lubricants for machinery assemblies is on the rise, as they facilitate in minimizing
Hydro Lubricants Market Insights, Trends & Future Development Status Recorded du …
The rising demand for hydro lubricants from manufacturing sector is also multiplying at a faster rate, on the back of their competency in upgrading the service-life of machinery. The hydro lubricants market is primarily driven on account of its low-friction attributes, which makes it highly likely to outshine the synthetic variants. Moreover, the demand for hydro lubricants for machinery assemblies is on the rise, as they facilitate in minimizing
Global Pyrite Market 2019 | Applications: Jewelry Industry, Sulfur Compounds Ind …
The major factor driving the pyrite market is the rising demand of jewelry and sulfur compounds market. This report researches the worldwide Pyrite market size (value, capacity, production, and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Pyrite breakdown data by manufacturers, region, type, and application, also analyzes the market status, market share, growth rate, future trends, market
Big Bag Connection System Market Segmented By technology Automatic, Semi-Automat …
Global Big Bag Connection System Market: An Overview The key advancement in automation encourages manufacturers to adopt smart systems to increase productivity and to facilitate timely production. Owing to the perception of consumers as well as manufacturers regarding health and hygiene of product, the big bag connection system market is anticipated to propel during the forecast period. Big bag connection system ensure dust -free docking of big bags and provide flexibility
Global Nutraceuticals Market By Application | Food Industry, Ink Industry, Medic …
Researchmoz added Most up-to-date research on "Global Nutraceuticals Market By Application | Food Industry, Ink Industry, Medicine Industry, Electronic Industry and Paint Industry" to its huge collection of research reports. This report studies Nutraceuticals in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers
Europe Plastic Pallet Market Size, Shares, Forecast Report 2016 : Food Industry, …
This report studies sales (consumption) of Plastic Pallet in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and Spain, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering ShangHai Pallet Plastic Industry Co., Ltd. Shanghai Lika Plastic Manufacturing Co., Ltd. Guangzhou Plastic Industrial Corporation Ltd Shandong Liyang Plastic Molding Co.,Ltd Xinding Plastic ZheJiang Primacy Plastic Industry Co., Ltd Shanghai Qinghao Plastic Pallet Manufacture