The Global Unsaturated Polyester Resin Market Expected to Reach $ 5.8 Billion by 2015
 

Dallas – February 2, 2010 - Though in the calendar year 2009 the Global Unsaturated Polyester Resin market witnessed 20% decline from 2008 levels the UPR market is expected to buck the trend and grow in double digits on account of growing environmental concern and increasing use of UPR in new products and designs. The market is expected to reach $ 5.8 billion by 2015 with a CAGR of 6.3% over the next 5 yrs (2010-2015).
 
Lucintel, a leading global management consulting and market research firm with over 700 clients worldwide, has analyzed the Global UPR market and has now published a comprehensive research report entitled “Global Unsaturated Polyester Resin Market 2010-2015: Trends, Forecast and Opportunity Analysis”
 
Lucintel’s study finds that UPR market is a developing market and offer immense opportunities for innovations. Material suppliers would gain by focusing on new applications and adopting a customer oriented and innovation driven growth strategy. The price advantage of UPR vis-a-vis theromsets and weight savings vis-a-vis steel components too will play a complimentary role and drive the UPR market.
 
As per the study, in the long term end-use markets such as wind energy, marine, pipe & tank, transportation and construction, are anticipated to drive increased consumption during the forecast period (2010-2015). Lucintel’s analysis finds that the Asian region will be the largest growth area for the polyester resin industry.  Asia and ROW is expected to grow at more than 6 % until 2015. Europe will be second in rank and will have a market share of more than 20 % in 2010 as well as in 2015.
 
Lucintel’s research report contains Polyester Resin Industry Background and Characteristics, Global Polyester Resin Market Analysis, Trends in Global UPR Market (2004-2009), Forecasts for Global UPR Market (2010-2015), Growth Opportunities and Emerging Polyester Resin Applications, Growth Opportunities and Emerging Polyester Resin Applications and more.  This insightful report can help you make confident business decisions in this globally competitive marketplace.
 
For a detailed table of contents and pricing information on this timely and insightful report, please contact helpdesk at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting edge decision support services that help you make critical decisions with greater speed, insight and cost-efficiency. To find out more, visit www.lucintel.com.