openPR Logo
Press release

Unsaturated Polyester Resins Market to Extent an Assessed Value of US$ 7,339.9 Mn by 2022

Unsaturated Polyester Resins Market to Extent an Assessed Value

The worldwide unsaturated polyester resins market is progressing at a fast pace, driven primarily by their use in a number of end-use industries, such as building construction, military, marine, transportation, automotive, and electrical and electronics. The demand for unsaturated polymers is fueled by a variety of cost-effective applications in the area of sport and leisure, domestic and sanitary appliances, furniture and military applications. Their extensive use in producing high-performing composite materials, especially glass fiber–reinforced plastics (FRP), as well as a growing number of specialty applications are key trends boosting the market. The global unsaturated polyester resins market was valued at US$5,744.3 mn and is prognosticated to rise at a CAGR of 5.0% from 2017 to 2022. Expanding at this pace, the market is likely to reach a valuation of US$7,339.9 by the end of the forecast period.

View Full Report TOC, Figures and Tables @ https://www.transparencymarketresearch.com/unsaturated-polyester-resin.html

Key trends and factors influencing the growth of the market:

The rising demand for cost-effective matrix material for the production of composite materials to be used in a wide spectrum of end-use industries, primarily construction and automotive, is a key factor that has boosted the evolution of the unsaturated polyester resins market. World over, the growing use of thermosetting polymers in numerous general and specialty applications is a key factor driving the market. The substantial use of FRP composites in construction and marine industries is boosting the market. In addition, burgeoning automotive and wind energy sectors in various parts of the world is a key trend bolstering the demand for these unsaturated polyester resins.

The substantial application of non-reinforced unsaturated polyester resins in various end-use manufacturing industries is a key factor fortifying the demand for unsaturated polyester resins. Recent advances made in the processing technologies and modification methods have led to the production of polyester resins with enhanced properties, thereby expanding their applications.

Request Sample Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=857

The environmental concerns associated with the emission of styrene arising from the processing of unsaturated polyester resins is a key factor likely to hamper its demand to an extent. Furthermore, the increasing acceptance of saturated polymers may hinder the growth of the market to an extent. Nevertheless, the development of suitable additives has led to the production of low styrene emission polyester resin.

Asia Pacific excluding Japan (APEJ) accounts for the major share in 2017 and is predicted to lead the global market vis-à-vis revenue. The APEJ unsaturated polyester resins is projected to expand at a CAGR of 5.3% from 2017 to 2022. The region is an attractive market for unsaturated polyester resins, growing on the back of a large number of applications in several emerging economies. The regional market is projected to reach a valuation of US$3,085.8 mn by the end of 2022. The substantial advances being made in automotive manufacturing and construction building in various nations in the region is likely to stoke the demand for unsaturated polyester resins.

Request Brochure of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=857

Meanwhile, North America and Europe are prominent markets for unsaturated polyester resins. The advent of ecological unsaturated polyester resins bodes well for these regional markets, as they help end users to meet stringent regulatory norms in various developed nations of these regions.

North America unsaturated polyester resins market is projected to rise at a CAGR of 4.8% from 2017 to 2022.

Competitive Dynamics

The ongoing developments in the unsaturated polyester resins market are focused toward consolidation in major regions, evident in several mergers witnessed in recent years. Some of the prominent players operating in the non-reinforced unsaturated polyester resins market are Polynt-Reichhold Group, Ashland Inc., Royal DSM, AOC, BASF SE, U-Pica Company Ltd., UPC Technology Corp., Nuplex Industries Ltd., and Scott Bader Company Ltd.

Checkout page @ https://www.transparencymarketresearch.com/checkout.php?rep_id=857<ype=S

About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com

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 Extent an Assessed Value of US$ 7,339.9 Mn by 2022 here

News-ID: 790764 • Views: 187

More Releases from Transparency Market Research

Distributed Operating System Market: A Latest Research Report to Share Industry …
A distributed operating system is a software which is a collection of distinct computational nodes that are networked, independent, and communicating in order to perform certain operations The distributed operating system manages the jobs that are serviced by multiple processing units. Every distinct node holds a precise software subset of the global collective operating system. Each subset is a composite of two distinct service provisions. The first subset is a universal kernel,
Research Outlines Huge Growth In Automatic Dependent Surveillance Broadcast Mark …
Automatic dependent surveillance-broadcast (ADS-B) is surveillance technology which enables an aircraft to determine its position through satellite navigation. Automatic dependent surveillance-broadcast (ADS-B) helps to track an aircraft through periodical broadcasts. As a replacement for secondary surveillance radar, automatic dependent surveillance - broadcast (ADS–B) technology can be used by air traffic control ground stations to gather information regarding tracking of the aircraft. It can also be used by other aircrafts to enable
RF Shielded Test Enclosures Market: Structure and Overview of Key Industry
RF shielded test enclosures, also called RF shielded test boxes, are used for testing of RF and microwave devices in an isolated test environment, which lacks interference of other devices as well as the external environment These test boxes are used in isolation from unintended electromagnetic interference in noisy surroundings. In order to check whether a device is functioning up to the mark in an isolated environment, these boxes are used
Pitot Tube Anemometers Market Will Escalate Rapidly in the Near Future
A pitot tube anemometer is a flow measurement device that is designed to measure and display air pressure, air velocity, volumetric flow, and air temperature Pitot tube anemometers involve use of the microprocessor technology for signal processing, which ensures quick and accurate measuring results Pitot tube anemometers are available in two types i.e. portable and fixed When not in use, a pitot tube anemometer should be placed in dry conditions and be protected

All 5 Releases


More Releases for CAGR

Wireless Charging Industry Climbing Towards CAGR 45.5%
According to a recent report published by Allied Market Research, titled, Global Wireless Charging Market by Technology and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025, The global wireless charging market was valued at $5,220.0 million in 2017, and is projected to reach $71,213.0 million by 2025, registering a CAGR of 38.7% from 2018 to 2025. At present, Asia-Pacific dominates the market, followed by North America. In 2017, the U.S.
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Biogas Market CAGR to Grow at 6.5%
Global demand for biogas has witnessed a spike in demand, owing to mounting concerns over depleting fossil reserves and environmental impact of conventional fuels. According to Future Market Insights, global biogas market revenues totalled nearly US$ 24.5 Bn in 2015. During the forecast period 2016-2026, global biogas revenues are estimated to reach US$ 48, 761.2 million, growing at a steady 6.5% CAGR. Between 2016 and 2026, the global biogas revenues
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020
Biofertilizers Market witnessing a CAGR of 13.3%
Reports And Markets Publish a New Market Research Report On –"Biofertilizers Market - By Microorganism, Application and Geography - Trends and Forecasts (2016 -2021)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071907-global-biofertilizers-market-by-microorganism-application-forecasts-2016-2021 Market Insights The global biofertilizers market, estimated at USD 590.9 million in 2015, is projected to reach USD 1.23 billion by 2021, witnessing a CAGR of 13.3% during the forecast period. The biofertilizers market is highly fragmented, with many small