Lucintel Forecasts Good Growth for Unsaturated Polyester Resin Market in Indian Composites Industry by 2018


   January 1 2013
India unsaturated polyester resin market is poised to grow substantially in the next five years. The unsaturated polyester resin market in India is mainly driven by domestic consumption basically by government, NGOs, and civic bodies. The Indian unsaturated polyester resin market witnessed strong growth in the last couple of years due to robust GDP growth, increased manufacturing activity, and core sector growth. Application markets such as transportation is growing rapidly, helping the growth of Indian unsaturated polyester resin market. According to market forecasts, Indian unsaturated polyester resin market is expected to reach 445 million pounds by 2018.  

Lucintel, a leading global Management Consulting and market research firm, has conducted a competitive analysis on this market and presents its findings in "Opportunities for Unsaturated Polyester Resin in Indian Composites Industry 2013-2018: Trend, Forecast, and Competitive Analysis.” This study provides a concise overview of the Indian unsaturated polyester resin market in terms of value and projected annual growth.

Lucintel discusses the various challenges and opportunities faced by the Indian unsaturated polyester resin market. The raw materials needed for this industry are priced quite high as compared to traditional metals such as steel and aluminum and this poses a challenge for the Indian unsaturated polyester resin industry. Polyester resin constitutes more than half of the resin used in Indian composite industry.

Lucintel's study encompasses the major drivers. Low price of unsaturated polyester resin as compared to other resins such as epoxy and vinyl ester is also a driving factor for growing demand of it. Also, with the Indian composites’ market’s steady growth, unsaturated polyester resin market is also poised for big growth.

This report highlights different aspects of Indian unsaturated polyester resin market. Due diligence has been given to the current market scenario in India. The Indian unsaturated polyester resin market is expected to grow impressively in near future. The top players need to formulate effective marketing strategies to take advantage of the opportunities, resulting in improved revenue and profitability.

For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit www.lucintel.com

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Market Research Reports

Aerospace & Defense [44]
Chemical [101]
Composites & Advanced Materials [100]
Construction & Industrial [40]
Consumer and Retail [78]
Economic Analysis [86]
Energy & Utility [68]
Finance & Services [10]
Healthcare [25]
Media & Entertainment [16]
Metals & Mining [16]
Technology & Telecommunication [49]
Transportation [76]

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti

Quick Query

Hexcel Corporation to Acquire Oxford Performance Materials’ Aerospace & Defense Business ...
FACC Wins Additional Order for Bombardier C Series...
Spirit AeroSystems Plans Major Expansion, Job Growth in Wichita, Kan....
Diab Signs Long-Term Contracts ...
CPS’ HybridTech Armor Undergoing U.S. Navy Sea Trials...

Follow us on