According to a new market research report published by Global Insight Services “Unsaturated Polyester Resins Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Unsaturated polyester resins are synthetic resins that are used in a wide variety of applications. These resins are made by reacting a dicarboxylic acid with dihydric alcohol. The resulting polymer has a double bond that can be used to crosslink the polymer chains, creating a thermoset material.
Unsaturated polyester resins are used in a wide variety of applications due to their versatility. These resins can be used to create molded parts, laminates, and coatings. They are often used in the construction and transportation industries.
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Key Companies
The Unsaturated Polyester Resins Market includes players such as BASF SE, DOW Inc., Ineos Group, LERG SA, AOC, DSM, Scott Bader Company Ltd, TIANHE RESIN CO., LTD, UPC GROUP and Von Roll.
Key Trends
Unsaturated polyester resins are a type of thermosetting plastic. They are made by the reaction of dicarboxylic acid and dihydric alcohol. The most common dicarboxylic acid is phthalic anhydride and the most common dihydric alcohol is ethylene glycol. Unsaturated polyester resins are used in a wide variety of applications including boat hulls, bathtubs, countertops, and pipes.
The market is driven by the growing demand for unsaturated polyester resins in the construction and automotive industries. The construction industry is the largest consumer of unsaturated polyester resins. The automotive industry is the second-largest consumer of unsaturated polyester resins.
The Asia-Pacific region is the largest market for unsaturated polyester resins. The region is expected to grow at the highest CAGR during the forecast period. The growth in the Asia-Pacific region is driven by the growing construction and automotive industries in the region.
Key Drivers
Unsaturated Polyester Resins are a type of synthetic thermosetting plastic resin. They are formed by the reaction of dicarboxylic acids and dihydric alcohols. The main drivers of the Unsaturated Polyester Resins market are their low cost, good chemical resistance, and high mechanical strength. They are used in a variety of applications such as boat hulls, bathtubs, pipes, and countertops.
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Market Segments
The global Unsaturated Polyester Resins Market is segmented on the basis of type, end-use industry, and region. By type, the global unsaturated polyester resins market size is segmented into orthophthalic resin, isophthalic resin, dicyclopentadiene, and others. By of end-use industry, the global unsaturated polyester resins market is analyzed across building and construction, tanks and pipes, electrical, marine, transport, artificial stones and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Reasons to buy Unsaturated Polyester Resins Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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