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The Worldwide Unsaturated Polyester Resins Industry Is Expected To Reach $12.9 Billion By 2026

DUBLIN, Sept. 21, 2021 /PRNewswire/ -- The "Global Unsaturated Polyester Resins Market by Type (Orthophthalic, Isophthalic, DCPD), End-use Industry (Building & Construction, Marine, Transportation, Pipes & Tanks, Artificial Stone, Wind Energy, Electrical...

DUBLIN, Sept. 21, 2021 /PRNewswire/ -- The "Global Unsaturated Polyester Resins Market by Type (Orthophthalic, Isophthalic, DCPD), End-use Industry (Building & Construction, Marine, Transportation, Pipes & Tanks, Artificial Stone, Wind Energy, Electrical & Electronics) & Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

The global unsaturated polyester resins market size will grow to USD 12.9 billion by 2026 from USD 9.6 billion in 2021, at a CAGR of 6.1% during the 2021-2026 period. The demand of UPRs is rapidly increasing in medical, aerospace & defense, coatings, and other applications, especially in the APAC region.

The driving factors for the UPR market is the economical price of the resin in comparison with the other resins. The growth in industries like building & construction, transportation, wind energy and composite manufacturing is helping in growth of UPR market. The greater acceptance of other resins and a factor that properties of UPR changes with its quality, is becoming a restraint in the development of UPR market.

Artificial stones is projected to be the fastest-growing end-use industry of unsaturated polyester resin market

Artificial Stones is the fastest-growing end-use industry in terms of value. The increase in demand of decorative products all over the world is driving the use of unsaturated polyester resin in artificial stones industry. Artificial stones are made by using UPRs as a bonding agent. Artificial stones are used to build terrazzo, artificial marble, artificial granite, and mini-crystal glass plates.

Orthophthalic resin is the largest resin segment of the Unsaturated polyester resin market

Orthophthalic resin is the most used unsaturated polyester resin in the market. Orthophthalic resins are known in the industry as basic resins. They are less expensive than other resin types, such as vinyl esters, isophthalic polyesters, and epoxies. They are the cheapest form of UPRs available in the resins industry. Orthophthalic resin is beneficial in terms of cost, toughness, and chemical resistance in comparison to other resins, such as isophthalic, DCPD, and terephthalic resins.

APAC is the largest and fastest-growing market for unsaturated polyester resin during the forecasted period

APAC is the largest and fastest-growing UPRs market. It is projected to register the highest CAGR during the forecast period in terms of value and volume both. The market is expected to witness significant growth in automotive, construction, aerospace, electrical & electronics, and industrial assembly sectors in countries such as China, India, and South Korea. The growth of these industries is influencing the growth of the UPRs market.

Key Topics Covered:

1 Introduction 2 Research Methodology

3 Executive Summary 4 Premium Insights4.1 Attractive Opportunities in Unsaturated Polyester Resins Market4.2 Unsaturated Polyester Resins Market, by End-use Industry4.3 APAC: Unsaturated Polyester Resins Market, by End-use Industry and Country, 20204.4 Unsaturated Polyester Resins Market: Developed vs. Developing Countries4.5 Unsaturated Polyester Resins Market: Growing Demand from APAC4.6 Unsaturated Polyester Resins Market, by Major Countries

5 Market Overview5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 High Growth in Construction and Wind Energy Industries5.2.1.2 Growth in FRP, Automotive, and Composite Manufacturing Industries5.2.1.3 Economical Advantages Over Other Resins5.2.2 Restraints5.2.2.1 Greater Acceptance of Other Resins5.2.2.2 Properties of Unsaturated Polyester Resins Change with Its Quality5.2.3 Opportunities5.2.3.1 Emerging Economies and Their Future Growth5.2.3.2 Innovation in Applications and Products5.2.4 Challenges5.2.4.1 Disadvantages of Styrene Usage5.3 Porter's Five Forces Analysis5.4 Macroeconomic Overview and Key Trends5.4.1 Introduction5.4.2 Trends and Forecast of GDP5.5 COVID-19 Impact5.5.1 COVID-19 Economic Assessment5.5.2 COVID-19 Economic Impact - Scenario Assessment5.6 Export-Import Trade Statistics5.6.1 Trade Scenario 2016-20205.7 Average Selling Price Analysis5.8 Patents Analysis5.9 Regulations5.10 Case Study Analysis5.11 Technology Analysis5.12 Value Chain Analysis5.13 Unsaturated Polyester Resins Ecosystem

6 Unsaturated Polyester Resins Market, by Type6.1 Introduction6.2 Orthophthalic Resins6.2.1 Most Used Resin Type Because of Its Low Price6.3 Isophthalic Resins6.3.1 to Capture the Market of Orthophthalic Resin due to Advanced Properties6.4 Dicyclopentadiene (DCPD) Resins6.4.1 Low Styrene Levels and Increasing Government Regulations on Lower VOCs to Support Demand6.5 Other Resins6.5.1 Gelcoat Resins6.5.2 Terephthalic Resins6.5.3 Chlorendic Resins

7 Unsaturated Polyester Resins Market, by End-use Industry7.1 Introduction7.2 Building & Construction7.2.1 Increasing Urbanization, Rising Standards of Living and Income, and Government Policies for Construction of New Houses to Support Market Growth7.3 Marine7.3.1 Improved Surface Quality and Durability of FRP Materials7.4 Transportation7.4.1 Increased High-Speed Rail Network in China to Support High Demand7.5 Pipes & Tanks7.5.1 Superior Mechanical Properties of FRP Pipes Generating High Demand7.6 Electrical & Electronics7.6.1 Large Consumer Electronics Market in China, Japan, and India to Boost Market7.7 Wind Energy7.7.1 Significant Demand in Manufacturing Material of Wind Blades7.8 Artificial Stones7.8.1 Increasing Demand for Decorative Products in Artificial Stone Industry7.9 Others

8 Unsaturated Polyester Resins Market, by Region

9 Competitive Landscape9.1 Overview9.1.1 Overview of Strategies Adopted by Key Unsaturated Polyester Resin Players9.2 Competitive Evaluation Matrix9.3 Unsaturated Polyester Resins Market Share Analysis9.4 Competitive Scenario and Trends9.5 Company Evaluation Quadrant9.5.1 Stars9.5.2 Pervasive9.5.3 Emerging Leaders9.5.4 Participants9.6 SME Matrix, 20219.6.1 Responsive Companies9.6.2 Progressive Companies9.6.3 Starting Blocks9.6.4 Dynamic Companies9.7 Market Ranking Analysis9.8 Revenue Analysis

10 Company Profiles10.1 Major Companies10.1.1 Polynt-Reichhold Group10.1.2 Ineos Group10.1.3 Royal DSM10.1.4 AOC10.1.5 BASF SE10.1.6 Andercol10.1.7 Alfa S.A.B, de C.V.10.1.8 Grupo Quimico Industrial de Toluca SA de CV10.1.9 Poliformas Plasticas, SA de CV 10.1.10 Allnex GmbH10.2 Other Key Companies10.2.1 UPC Technology Corp.10.2.2 Scott Bader Company Ltd.10.2.3 Byrsa (Barnices Y Resinas)10.2.4 LERG SA10.2.5 Showa Denko K.K.10.2.6 The Dow Chemical Co.10.2.7 Eternal Materials Co. Ltd.10.2.8 Interplastic Corporation10.2.9 Sino Polymer 10.2.10 Qualipoly Chemical Corporation

11 Appendix

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