Unsaturated Polyester Resin Market - Global Market Share, Trends, Analysis and Forecast 2023 - 2032
The global unsaturated polyester resin market size was estimated to be US$ 11.3 billion in 2020 and is expected to reach US$ 20.5 billion by 2031 at a CAGR of 5.6%.
Unsaturated polyester resins are compound substances cogitated by the condensation of unsaturated acids and diols, with or without diacids.
High actual strength, erosion resistivity and warmth twisting temperature are the overall properties/qualities of unsaturated polyester resins. The unsaturated polyester resins additionally offer warm, flexural, mechanical, and morphological characteristics and thus are utilized in discrete industries. Further, when cross-connected with a vinyl responsive monomer, the unsaturated polyester resin’s structure is observed to be exceptionally strong coatings.
Expanding call for unsaturated polyester resins and utilization by marine industry is the underlying driver fueling up the unsaturated polyester resins market development rate. Advancements in the construction and real estate sector is probably going to drive the demand for the isophthalic resins during the forecast period. Booming utilization of climate cordial and energy saving products is likewise expected to significantly impact the market.
The market is driven by the melioration of the significant end-use sector like construction, electronic industry, transportation, and marine sector. Vigorous assembling base of car industry in China, Japan, and India combined with expanded deals of traveler vehicles is evaluated to increase the development of the market for unsaturated polyester resins during 2022-2032. Expanding utilization of climate cordial and energy saving items is additionally expected to decidedly impact the market for unsaturated polyester resin market. Asia-Pacific rules the unsaturated polyester resins market and will keep on thriving in its pattern of predominance during the speculation period as well.
Recuperation of the development business in the area, resulting from expanding demand for development activities like clinics, schools, and universities, is required to decidedly affect the market in North America over the forecast period of 2022-2032.
Global Unsaturated Polyester Resin Market Value Share Analysis, by Geography (2022)
The report titled “Global Unsaturated Polyester Resin Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032”, wherein 2021 is the historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the Global Unsaturated Polyester Resin Market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global unsaturated polyester resin market is segmented based on type, end use, and region. Based on type, the Unsaturated Polyester Resin market is segmented into DCPD, Isopthalic, and Orthopthalic. Based on end use, the unsaturated polyester resin market is segmented into Artificial Stones, Building & Construction, Electrical, Marine, Tanks & Pipes, and Transport, others.
Based on geography, the global unsaturated polyester resin market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada, and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Italy, France, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, UAE, South Africa, and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on Global Unsaturated Polyester Resin Market. Further, market share of prominent companies in the Global Unsaturated Polyester Resin Market would also be estimated.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the Unsaturated Polyester Resin companies. The Global Unsaturated Polyester Resin Market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the Unsaturated Polyester Resin business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the Global Unsaturated Polyester Resin Market.
The key players of the Global Unsaturated Polyester Resin Market are AOC Resins, Ashland Inc, BASF SE, CCP Composites, Changzhou New Solar Co. Ltd., Dow Chemical, DuPont, Eternal Chemical Co. Ltd., Eternal Materials Co., Ltd., Koninklijke DSM N.V., LERG SA, Nuplex Industries Ltd., Reichhold Inc, Satyen Polymers Pvt. Ltd, Satyen Polymers Pvt. Ltd., Saudi Basic Industries Corporation, Scott Bader Company Ltd., Tianhe Resin Co., Ltd., U-PICA Company, and UPC Technology Corp.
Global Unsaturated Polyester Resin Market Key Segments:
By Type
- DCPD
- Isopthalic
- Orthopthalic
- Others
By End Use
- Artificial Stones
- Building & Construction
- Electrical
- Marine
- Tanks & Pipes
- Transport
- Others
By Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- Rest of APAC
- Middle East & Africa
- UAE
- South Africa
- Saudi Arabia
- Rest of MEA
- South America
- Brazil
- Rest of South America
- Introduction
- Research Objectives
- Report Assumptions
- Research Methodology
- Abbreviations
- Preface
- Market Definition
- Report Scope and Market Segmentation
- Research Highlights
- Market Synopsis: Global Unsaturated Polyester Resin Market
- Global Unsaturated Polyester Resin Market Qualitative Analysis
- Trends
- Market trends
- Technology Trends
- PESTLE Analysis (For 3 prominent countries)
- Market Influencers
- Driving Forces
- Hindering Forces
- Opportunities
- COVID-19 impact
- Trends
- Global Unsaturated Polyester Resin Market Analysis and Forecast, by Type
- Overview and definitions
- Key segment analysis
- Global Unsaturated Polyester Resin Market Estimates (US$ Mn and Kilo Tons), by Type, 2019 – 2032
- Isophthalic Resin
- Orthophthalic Resin
- Dicyclopentadiene (DCPD) Resin
- Others
- Global Unsaturated Polyester Resin Market Analysis and Forecast, by Form
- Overview and definitions
- Key segment analysis
- Global Unsaturated Polyester Resin Market Estimates (US$ Mn), by Form, 2019 – 2032
- Powder
- Liquid
- Global Unsaturated Polyester Resin Market Analysis and Forecast, by End Use
- Overview and definitions
- Key segment analysis
- Global Unsaturated Polyester Resin Market Estimates (US$ Mn), by End Use, 2019 – 2032
- Automotive
- Building and Construction
- Marine
- Pipes, Ducts and Tanks
- Paints & Coatings
- Transportation
- Others
- Global Unsaturated Polyester Resin Market Analysis and Forecast, by Region
- Overview and definitions
- Key segment analysis
- Global Unsaturated Polyester Resin Market Estimates (US$ Mn), by Region, 2019 – 2032
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
- North America Unsaturated Polyester Resin Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- North America Unsaturated Polyester Resin Market Estimates (US$ Mn and Kilo Tons), by Type, 2019 – 2032
- Isophthalic Resin
- Orthophthalic Resin
- Dicyclopentadiene (DCPD) Resin
- Others
- North America Unsaturated Polyester Resin Market Estimates (US$ Mn), by Form, 2019 – 2032
- Powder
- Liquid
- North America Unsaturated Polyester Resin Market Estimates (US$ Mn), by End Use, 2019 – 2032
- Automotive
- Building and Construction
- Marine
- Pipes, Ducts and Tanks
- Paints & Coatings
- Transportation
- Others
- North America Unsaturated Polyester Resin Market Estimates (US$ Mn), Country, 2019 – 2032
- The U.S.
- Canada
- Rest of North America
- Europe Unsaturated Polyester Resin Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Europe Unsaturated Polyester Resin Market Estimates (US$ Mn and Kilo Tons), by Type, 2019 – 2032
- Isophthalic Resin
- Orthophthalic Resin
- Dicyclopentadiene (DCPD) Resin
- Others
- Europe Unsaturated Polyester Resin Market Estimates (US$ Mn), by Form, 2019 – 2032
- Powder
- Liquid
- Europe Unsaturated Polyester Resin Market Estimates (US$ Mn), by End Use, 2019 – 2032
- Automotive
- Building and Construction
- Marine
- Pipes, Ducts and Tanks
- Paints & Coatings
- Transportation
- Others
- Europe Unsaturated Polyester Resin Market Estimates (US$ Mn), Country, 2019 – 2032
- Germany
- United Kingdom
- Italy
- France
- Rest of Europe
- Asia Pacific Unsaturated Polyester Resin Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Asia Pacific Unsaturated Polyester Resin Market Estimates (US$ Mn and Kilo Tons), by Type, 2019 – 2032
- Isophthalic Resin
- Orthophthalic Resin
- Dicyclopentadiene (DCPD) Resin
- Others
- Asia Pacific Unsaturated Polyester Resin Market Estimates (US$ Mn), by Form, 2019 – 2032
- Powder
- Liquid
- Asia Pacific Unsaturated Polyester Resin Market Estimates (US$ Mn), by End Use, 2019 – 2032
- Automotive
- Building and Construction
- Marine
- Pipes, Ducts and Tanks
- Paints & Coatings
- Transportation
- Others
- Asia Pacific Unsaturated Polyester Resin Market Estimates (US$ Mn), Country, 2019 – 2032
- Japan
- India
- China
- Rest of Asia Pacific
- Middle East & Africa Unsaturated Polyester Resin Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Middle East & Africa Unsaturated Polyester Resin Market Estimates (US$ Mn and Kilo Tons), by Type, 2019 – 2032
- Isophthalic Resin
- Orthophthalic Resin
- Dicyclopentadiene (DCPD) Resin
- Others
- Middle East & Africa Unsaturated Polyester Resin Market Estimates (US$ Mn), by Form, 2019 – 2032
- Powder
- Liquid
- Middle East & Africa Unsaturated Polyester Resin Market Estimates (US$ Mn), by End Use, 2019 – 2032
- Automotive
- Building and Construction
- Marine
- Pipes, Ducts and Tanks
- Paints & Coatings
- Transportation
- Others
- Middle East & Africa Unsaturated Polyester Resin Market Estimates (US$ Mn), Country, 2019 – 2032
- Saudi Arabia
- South Africa
- Morocco
- Rest of Middle East
- South America Unsaturated Polyester Resin Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- South America Unsaturated Polyester Resin Market Estimates (US$ Mn and Kilo Tons), by Type, 2019 – 2032
- Isophthalic Resin
- Orthophthalic Resin
- Dicyclopentadiene (DCPD) Resin
- Others
- South America Unsaturated Polyester Resin Market Estimates (US$ Mn), by Form, 2019 – 2032
- Powder
- Liquid
- South America Unsaturated Polyester Resin Market Estimates (US$ Mn), by End Use, 2019 – 2032
- Automotive
- Building and Construction
- Marine
- Pipes, Ducts and Tanks
- Paints & Coatings
- Transportation
- Others
- South America Unsaturated Polyester Resin Market Estimates (US$ Mn), Country, 2019 – 2032
- Brazil
- Rest of South America
- Competition Analysis – Unsaturated Polyester Resin Market
- Market Composition
- Market Share Analysis (%), by Supplier (2022)
- Company Profiles
- AOC Resins
- Business overview
- Geographic presence
- Product Portfolio
- Financial facts
- Relevant news and strategic view
- Ashland Inc
- BASF SE
- CCP Composites
- Dow Chemical
- DuPont
- Eternal Chemical Co. Ltd.
- Koninklijke DSM N.V.
- Satyen Polymers Pvt. Ltd.
- SABIC
- U-PICA Company
- AOC Resins
- Conclusion & Recommendations
Frequently asked questions about this report
How big is the Unsaturated Polyester Resin Market?
The global Unsaturated Polyester Resin market was worth US$ 11.3 billion in 2020.
What is the estimated growth rate of Unsaturated Polyester Resin Market?
The global Unsaturated Polyester Resin market is expected to register a CAGR of 5.6% between 2022 and 2032.
Which are the prominent players active in the Unsaturated Polyester Resin Market?
AOC Resins, Ashland Inc, BASF SE, CCP Composites, Changzhou New Solar Co. Ltd., Dow Chemical, DuPont, Eternal Chemical Co. Ltd., Eternal Materials Co. are few prominent players active in the market.
What are the driving factor in this market?
The market is driven by the melioration of the significant end-use sector like construction, electronic industry, transportation, and marine sector.
Which region is contributing significantly to the global Unsaturated Polyester Resin Market?
North America is the principal contributor to the global Unsaturated Polyester Resin market.