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Unsaturated Polyester Resin Market Trends and Forecast

The future of the global unsaturated polyester resin looks promising with opportunities in the unsaturated polyester resin market. The global unsaturated polyester resin is expected to reach an estimated $16 billion by 2030 with a CAGR of 4% from 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.

Unsaturated Polyester Resin Market by End Use, Product Type, and Manufacturing Process

 

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) Shipment Analysis for 2018 – 2030]:

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

  • Orthophthalic
  • Isophthalic
  • DCPD
  • Other Product Types

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

  • Hand Layup
  • Spray-Up
  • Filament Winding
  • Compression Molding
  • RTM/Injection Molding
  • Pultrusion
  • Other Manufacturing Processes

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

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • The United Kingdom
  • Italy
  • France
  • Spain
  • Asia Pacific
  • China
  • Japan
  • India
  • The Rest of the World
  • Brazil

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
  • BASF
  • Covestro AG
  • Xinyang Technology Group
  • Tianhe Resin Company Ltd

Unsaturated Polyester Resin Insight

  • Lucintel forecasts construction will remain the largest end use by value and volume due to increasing residential and commercial construction and growth in remolding activities. Aerospace is expected to witness highest growth over the forecast period.
  • 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. Other manufacturing processes is expected to witness highest growth over the forecast period.
  • 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.

Features of Unsaturated Polyester Resin Market

  • Market Size Estimates Global unsaturated polyester resin market size estimation in terms of value ($M) shipment and volume (M lbs).
  • Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • 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.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the unsaturated polyester resin size?
Answer: The global unsaturated polyester resin is expected to reach an estimated $20.7 billion by 2028.           
Q2. What is the growth forecast for unsaturated polyester resin?
Answer: The unsaturated polyester resin is expected to grow at a CAGR of 3.9% from 2022 to 2028.     
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
  • BASF
  • Covestro AG
  • Xinyang Technology Group
  • Tianhe Resin Company 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.

This report answers following 11 key questions

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?

For any questions related to unsaturated polyester resin market or related to unsaturated polyester resin market size, unsaturated polyester resin market analysis, unsaturated polyester resin top companies, unsaturated polyester resin suppliers, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.

Table of Contents

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
4.2.5: 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
4.3.5: 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
4.4.5: 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
4.5.5: 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: BASF
7.5: Covestro AG
7.6: Xinyang Technology Group
7.7: Tianhe Resin Company Ltd

 

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Full Report: Unsaturated Polyester Resin Market: Trends, Forecast and and Competitive Analysis [2024-2030] Full Report $ 4,850
116 figures/charts and 156 tables are provided in this 233 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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