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Unsaturated Polyester Resin Market Trends and Forecast

The future of the unsaturated polyester material resin looks promising with opportunities in the beauty and personal care market. The Indian UPR market is expected to reach an estimated $67 million by 2030 with a CAGR of 6% 2023 to 2030. The major drivers for this market are growing infrastructural investments and rehabilitation of old infrastructural projects and increasing need for lightweight products with ease of handling, transportation, and installation.

  • Lucintel forecasts that construction will remain the largest segment and wind energy is expected to witness highest growth over the forecast period due to its various advantage like; corrosion resistance, high strength-to-weight ratio, low maintenance, and a longer lifecycle as compared to other traditional materials.
  • Hand layup is expected to remain the largest manufacturing process segment because it is the most basic and versatile process among all the fabricating processes.
  • APAC will remain the largest region and it is also expected to witness highest growth over the forecast period due to rapid industrialization, increasing urbanization, and growing per capita income in the emerging countries is giving rise to residential and commercial construction and growing investment in water and wastewater infrastructure.
Unsaturated Polyester Resin Market by End Use

 

APAC will remain the largest region in the Unsaturated Polyster Resin Market

  1. In the U.S., major companies such as AOC, LLC and Polynt have been focusing on expanding their production capacities and enhancing their product portfolios. AOC, LLC recently acquired a Spolchemie plant for UPR production in the Czech Republic, aiming to improve service and logistics in Central and Eastern Europe​.
  2. In Germany, BASF SE has been a key player, investing in innovative and sustainable UPR solutions. The automotive sector drives significant demand, with UPRs being used extensively in automotive composites for their strength and durability​.
  3. China dominates the UPR market in Asia Pacific due to its robust construction and automotive industries. INEOS and Royal DSM are actively involved in expanding their market presence here, with significant investments in local production facilities and R&D centers​.
  4. In India, government initiatives like "Make in India" are bolstering the automotive and construction sectors, leading to increased demand for UPR. Companies such as Dow Inc. and INEOS are capitalizing on these developments by enhancing their local production capabilities​.
  5. Brazil's market growth is driven by urbanization and increased construction activities. The presence of local players like Polynt and international giants such as BASF SE has led to significant market expansion. These companies are focusing on developing cost-effective and high-performance UPRs to meet the growing demand​.

Emerging Trends in the Unsaturated Polyester Resin Market

Emerging trends, which have a direct impact on the dynamics of the unsaturated polyester resin market, includes low styrene content unsaturated polyester resin and increasing use of ecofriendly unsaturated polyester resin.
A total of 116 figures / charts and 156 tables are provided in this 233-page report to help in your business decisions. A sample figure with insights is shown below.

 

Unsaturated Polyester Resin Market by Segments

Unsaturated Polyester Resin Market by Segment

The study includes a forecast for the global unsaturated polyester resin by end use, product type, manufacturing process, and region as follows:

Unsaturated Polyester Resin Market by End Use [Value ($M) and Volume (M lbs) Analysis for 2018 – 2030]:

Unsaturated Polyester Resin Market by Product Type [Value ($M) and Value (M lbs) Analysis for 2018 – 2030]:

  • Orthophthalic
  • Isophthalic
  • DCPD
  • Autres

Unsaturated Polyester Resin Market by Manufacturing Process [Value ($M) and Volume (M lbs) Analysis for 2018 – 2030]:

  • Hand Layup
  • Spray-Up
  • Enroulement de filament
  • Moulage par compression
  • RTM/Injection Molding
  • Pultrusion
  • Autres

Unsaturated Polyester Resin Market by Region [Value ($M) and Volume (M lbs) Analysis for 2018 – 2030]:

  • Amérique du Nord
    • US
    • Canada
    • Mexique
  • Europe
    • Allemagne
    • The United Kingdom
    • France
    • Espagne
  • Asie-Pacifique
    • Chine
    • Japon
    • Inde
  • The Rest of the World
    • Brésil

List of Unsaturated Polyester Resin Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies unsaturated polyester resin companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the unsaturated polyester resin companies profiled in this report include 

  • Polynt Group
  • AOC
  • Ineos Composites
  • Reliance Industries Limited
  • Scott Bader (Satyen Polymers)
  • Natural Petrochemicals Pvt. Ltd

Recent Development in the Unsaturated polyester resin Market

  1. AOC Resins: AOC has been focusing on expanding its product portfolio and enhancing the performance of its UPR products through ongoing research and development efforts. The company is working on improving the recyclability and strength of its resins, particularly in response to increasing demand from the automotive and construction industries​
  2. BASF SE: BASF is actively involved in developing bio-based unsaturated polyester resins, aiming to enhance their environmental sustainability. The company has been investing in technological innovations to improve the corrosion and thermal resistance properties of their resins, catering to the growing demand in the electrical and electronics sectors​
  3. DSM: DSM has been focusing on creating high-performance resins for the marine and transportation industries. The company has been expanding its production capacity to meet the rising global demand for UPR, particularly in developing regions such as Asia-Pacific​
  4. Ashland Inc.: Ashland has been leveraging its expertise to develop advanced UPR products with superior chemical resistance and toughness. The company is also exploring new market opportunities in the building and construction industry, driven by rapid urbanization and industrialization in emerging economies​
  5. Polynt: Polynt has been focusing on expanding its global footprint through strategic partnerships and acquisitions. The company aims to strengthen its market position by enhancing its product offerings and catering to the increasing demand for UPR in the automotive and consumer electronics industries​

Features of Recycled Carbon Fiber Market

  • Market Size Estimates Global unsaturated polyester resin market size estimation in terms of value ($M) shipment and volume (M lbs).
  • Analyse des tendances et des prévisions: Tendances du marché (2018-2023) et prévisions (2024-2030) par divers segments et régions.
  • Segmentation Analysis: Market size by end use, product type, manufacturing process and region.
  • Regional Analysis: Unsaturated polyester resin market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different end use, product type, manufacturing process, and regions for the global unsaturated polyester resin market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the global unsaturated polyester resin market.
  • Analyse de l'intensité concurrentielle de l'industrie basée sur le modèle des cinq forces de Porter.

FAQ

Q1. What is the unsaturated polyester resin size?
Answer: The global unsaturated polyester resin is expected to reach an estimated $67 million by 2030 .
Q2. What is the growth forecast for unsaturated polyester resin?
Answer: The unsaturated polyester resin is expected to grow at a CAGR of 6% from 2023 to 2030.
Q3. What are the major drivers influencing the growth of the unsaturated polyester resin?
Answer: The major drivers for this market are growing infrastructural investments and rehabilitation of old infrastructural projects and increasing need for lightweight products with ease of handling, transportation, and installation.
Q4. What are the major end uses for unsaturated polyester resin?
Answer: Construction and non-FRP use are the major end uses for unsaturated polyester resin.
Q5. What are the emerging trends in unsaturated polyester resin?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, includes low styrene content unsaturated polyester resin and increasing use of ecofriendly unsaturated polyester resin.
Q6. Who are the key unsaturated companies?
Answer: Some of the key unsaturated companies are as follows:
  • Polynt Group
  • AOC
  • Ineos Composites
  • Reliance Industries Limited
  • Scott Bader (Satyen Polymers)
  • Natural Petrochemicals Pvt. Ltd
Q7. Which unsaturated polyester resin manufacturing process segment will be the largest in future?
Answer: Lucintel forecasts that hand layup is expected to remain the largest manufacturing process segment because it is the most basic and versatile process among all the fabricating processes.
Q8. In unsaturated polyester resin, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

Ce rapport répond à la suite de 11 questions clés

Q.1 What are some of the most promising potential, high-growth opportunities for the global unsaturated polyester resin market by end use (transportation, marine, wind energy, aerospace, pipe and tank, construction, electrical and electronics, consumer goods, non-FRP, gelcoat, and others), product type (orthophthalic, isophthalic, DCPD, and others), manufacturing process (hand layup, spray-up, filament winding, compression molding, RTM/injection Molding, pultrusion, and others), and by region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?
 
Table des matières

1. Executive Summary

2. Global Unsaturated Polyester Resin Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2018 to 2030
3.1: Macroeconomic Trends and Forecasts
3.2: Global Unsaturated Polyester Resin Trends and Forecast
3.3 Global Unsaturated Polyester Resin Market by End Use
3.3.1: Transportation
3.3.2: Marine
3.3.3: Wind Energy
3.3.4: Aerospace
3.3.5: Pipe and Tank
3.3.6: Construction
3.3.7: Electrical and Electronics
3.3.8: Consumer Goods
3.3.9: non-FRP
3.3.10: Gelcoat
3.3.11: Others
3.4: Global Unsaturated Polyester Resin Market by Product Type
3.4.1: Orthophthalic
3.4.2: Isophthalic
3.4.3: DCPD
3.4.4: Others
3.5: Global Unsaturated Polyester Resin Market by Manufacturing Process
3.5.1: Hand Layup
3.5.2: Spray-Up
3.5.3: Filament Winding
3.5.4: Compression Molding
3.5.5: RTM/ Injection Molding
3.5.6: Pultrusion
3.5.7: Others

4. Market Trends and Forecast Analysis by Region
4.1: Global Unsaturated Polyester Resin Market by Region
4.2: North American Unsaturated Polyester Resin Trend and Forecast
4.2.1: North American Unsaturated Polyester Resin Market by End Use
4.2.2: North American Unsaturated Polyester Resin Market by Product Type
4.2.3: North American Unsaturated Polyester Resin Market by Manufacturing Process
4.2.4: North American Composite Market by Resin Type
4.2.5: North American Unsaturated Polyester Resin Market by Country
4.3: European Unsaturated Polyester Resin
4.3.1: European Unsaturated Polyester Resin Market by End Use
4.3.2: European Unsaturated Polyester Resin Market by Product Type
4.3.3: European Unsaturated Polyester Resin Market by Manufacturing Process
4.3.4: European Composite Market by Resin Type
4.3.5: European Unsaturated Polyester Resin Market by Country
4.4: APAC Unsaturated Polyester Resin
4.4.1: APAC Unsaturated Polyester Resin Market by End Use
4.4.2: APAC Unsaturated Polyester Resin Market by Product Type
4.4.3: APAC Unsaturated Polyester Resin Market by Manufacturing Process
4.4.4: APAC Composite Market by Resin Type
4.4.5: APAC Unsaturated Polyester Resin Market by Country
4.5: ROW Unsaturated Polyester Resin
4.5.1: ROW Unsaturated Polyester Resin Market by End Use
4.5.2: ROW Unsaturated Polyester Resin Market by Product Type
4.5.3: ROW Unsaturated Polyester Resin Market by Manufacturing Process
4.5.4: ROW Composite Market by Resin Type
4.5.5: ROW Unsaturated Polyester Resin Market by Country
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Unsaturated Polyester Resin Market by End Use
6.1.2: Growth Opportunities for the Global Unsaturated Polyester Resin Market by Product Type
6.1.3: Growth Opportunities for the Global Unsaturated Polyester Resin Market by Manufacturing Process
6.1.4: Growth Opportunities for the Global Unsaturated Polyester Resin Market by Region
6.2: Emerging Trends in the Global Unsaturated Polyester Resin Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Mergers and Acquisitions
 
7. Company Profiles of Leading Players
7.1: Polynt Group
7.2: AOC
7.3: INEOS Composites
7.4: Reliance Industries Limited
7.5: Scott Bader (Satyen Polymers)
7.6: Natural Petrochemicals Pvt. Ltd.

 
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116 figures/charts and 156 tables are provided in this 233 - page report
LucIntel est dans le domaine des études de marché et de la gestion depuis 2000 et a publié plus de 1000 rapports de renseignement sur le marché sur divers marchés / applications et a servi plus de 1 000 clients dans le monde. Cette étude est un point culminant de quatre mois d'efforts à temps plein réalisés par l'équipe d'analystes de Lucintel. Les analystes ont utilisé les sources suivantes pour la création et l'achèvement de ce précieux rapport:
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