0
2021
Unsaturated Polyester Resins Market

Unsaturated Polyester Resins Market by Type (Orthophthalic Resin, Isophthalic Resin, Dicyclopentadiene, and Others) and End-Use Industry (Building & Construction, Tanks & Pipes, Electrical, Marine, Transport, Artificial Stones, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A00257
Pages: 369
Nov 2021 | 9221 Views
Author(s) : Bhagyashri Patil, Anil Chaudhary , Eswara Prasad
Tables: 159
Charts: 62
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Unsaturated Polyester Resins Market

Request Now !

Unsaturated Polyester Resins Market Research, 2030

The global unsaturated polyester resins market was valued at $11.0 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.3% from 2021 to 2030.

COVID-19 pandemic outbreak across the globe has resulted in decline in demand for unsaturated polyester resin from pipes & tanks, transport, and building & construction industries owing to halted production and construction activities amid government imposed lock down measures.

Unsaturated polyester resins are mainly used in production of fiber reinforced plastics and filled plastic products, including sanitary-ware, tanks, pipes, gratings, and high-performance components for the marine and transportation industry such as closure and body panels, fenders, boat hulls/ decks, and other large glass fiber reinforced plastic articles. Unsaturated polyester resins also find uses in coatings and adhesives. Growing infrastructure development has generated high demand for unsaturated polyester resins. Furthermore, rapid expansion of the unsaturated polyester resins market is aided by rise in use of electric vehicles by consumers and businesses. This is likely to drive the unsaturated polyester resins market growth during the forecast period.

Unsaturated-Polyester-Resin-Market-2021-2030

Get more information on this report : Request Sample Pages

Moreover, demand for unsaturated polyester resins has increased as the automobile industry has increased, as it has reduced vehicle weight to improve fuel efficiency. Growing demand for UPR products has evolved with population growth, along with increased urbanization, resulting in significant increase in the building & construction sector.

The global unsaturated polyester resins market is segmented on the basis of type, end-use industry, and region. On the basis of type, the global unsaturated polyester resins market size is segmented into orthophthalic resin, isophthalic resin, dicyclopentadiene, and others. On the basis of end-use industry, the global unsaturated polyester resins market is analyzed across building & construction, tanks & pipes, electrical, marine, transport, artificial stones and others. On the basis of region, the global unsaturated polyester resins market is studied across North America, Europe, Asia-Pacific, and LAMEA.

Unsaturated Polyester Resins Market, By Type

The orthophthalic resin segment accounted for the largest share in 2020, while the isophthalic resin segment is projected to grow at the highest CAGR of 6.4%. Orthophthalic resin is the most commonly utilized UPR resin since it is a basic resin that may be used for a variety of purposes. The most common resins used in the marine industry are orthophthalic resins

Unsaturated Polyester Resins Market
By Type

Your browser does not support the canvas element.

Orthophthalic resin is projected as the most lucrative segment.

Get more information on this report : Request Sample Pages

Get more information on this report : Request Sample Pages

Unsaturated Polyester Resins Market, By End-use Industry

The building & construction segment accounted for the largest share of the unsaturated polyester resins market in 2020 while the tanks & pipes segment is projected to grow at the highest CAGR of 6.5%. The bio-polishing segment is projected to hold the dominant share of the global unsaturated polyester resins market during the forecast period due to increasing building & construction may increase the use of unsaturated polyester resin.

Unsaturated Polyester Resins Market
By Application

Your browser does not support the canvas element.

Building & Constructionis projected as the most lucrative segment.

Get more information on this report : Request Sample Pages

Get more information on this report : Request Sample Pages

Unsaturated Polyester Resins Market, By Region

The Asia-Pacific region accounted for the largest unsaturated polyester resins market share in 2020. Asia-Pacific has established itself as a major producer and user of unsaturated polyester resin. Low-cost labor, government efforts like Make in India, and the proposed scheme for entrepreneurship development in India may open up chances in the industrial and infrastructural sectors.

Unsaturated Polyester Resins Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific would exhibit an CAGR of 6.7% during 2021-2030

Get more information on this report : Request Sample Pages

Get more information on this report : Request Sample Pages

COVID-19 Analysis:

  • The construction work has been temporarily halted keeping in mind the concerns regarding workers in the construction industry. 
  • Due to COVID-19 pandemic, transport limitations were implemented, resulting in reduced industrial production and disrupted supply chains, which affected global economic growth by a substantial proportion, severely impacting market growth.
  • The companies are not earning any profit as a result of the work stoppage and not only the companies are losing money but they are also losing suppliers who are providing the required materials to various companies to be used in construction sector, all those suppliers are also facing huge losses. 
  • Firms are not earning any profit as a result of the work stoppage, and not only are the companies losing money, but so are all of the suppliers that provide the needed supplies to various companies for use in the construction sector.
  • Furthermore, due to social distancing norms during COVID-19, the manufacturing companies are working with limited workforce; thus, negatively impacting the production and construction processes.
  • COVID-19 has made a major economic influence on a number of financial and industrial sectors, including travel and tourism, manufacturing, and aviation. According to the World Bank and IMF, the biggest economic recession will occur between 2020 and 2021. Economic activity is diminishing as a result of an increasing number of countries implementing and prolonging lockdowns, which has an influence on the global economy.

Key Benefits For Stakeholders

  • The global unsaturated polyester resins market analysis covers in-depth information of major industry participants.
  • Porter’s five forces analysis help analyze potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • Major countries have been mapped according to their individual revenue contribution to the regional market.
  • The report provides in-depth analysis of the global unsaturated polyester resins market forecast for the period 2021–2030.
  • The report outlines the current global unsaturated polyester resins market trends and future scenario of the global unsaturated polyester resins market from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets. 
  • Key drivers, restraints, & opportunities and their detailed impact analysis are explained in the global unsaturated polyester resins market study.

Key Market Segments

  • BY TYPE
    • Orthophthalic Resin
    • Isophthalic Resin
    • Dicyclopentadiene
    • Others

  • BY END-USE INDUSTRY
    • Building & Construction
    • Tanks & Pipes
    • Electrical
    • Marine
    • Transport
    • Artificial Stones
    • Others

  • BY REGION
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • Spain
      • Italy
      • UK
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
      • Rest of Asia-Pacific
    • LAMEA
      • Brazil
      • South Africa
      • Saudi Arabia
      • Rest of LAMEA

Key Market Players

  • BASF SE
  • DOW Inc.
  • Ineos Group
  • LERG SA
  • AOC
  • DSM
  • Scott Bader Company Ltd.
  • TIANHE RESIN CO., LTD.
  • UPC GROUP
  • Von Roll
 

Loading Table Of Content...


 
 

The textile enzyme market is driven by rising demand for unsaturated polyester resin composite material in printed circuit boards (PCBs) is projected to have a favorable impact on the market in the future, owing to exceptional qualities such as unsurpassed stiffness and durability. Moreover, Asia-Pacific is projected to register a robust growth, significantly from emerging economies such as China, India, and Indonesia as they have huge potential with regards to adoption of unsaturated polyester resins, owing to growth of major end-use industries such as construction, electronic, transport, and marine.

The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key players to increase their market share and sustain intense competition in the industry.

Flash Sale
PURCHASE OPTIONS

Start reading instantly ,This Report and over 13000+ more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. The demand for unsaturated polyester resin composites is expected to be driven by their extensive end-use industry scope.

A. The market value of global unsaturated polyester resin market in 2021 is expected to be $10,977.7 million and projected to rise to $20,092.2 million in 2030.

A. The leading players in the market AOC, BASF SE, Dow, INEOS Group, LERG SA, Von Roll, Royal DSM, Scott Bader Company Ltd., Tianhe Resin Co., Ltd., and UPC Group.

A. The building and construction industry is projected to increase the demand for unsaturated polyester resin market

A. The global unsaturated polyester resin market is segmented on the basis of type, end-use industry and region.

A. Increase in growth of industries such as building & construction, transportation, tanks & pipes, and wind energy especially in Asia-Pacific.

A. Due to COVID-19 pandemic, transport limitations were implemented, resulting in reduced industrial production and disrupted supply chains, which affected global economic growth by a substantial proportion, severely impacting market growth.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

Download Free Sample

OR

Purchase Full Report of
Unsaturated Polyester Resins Market

Start reading instantly.
This Report and over 13,000+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $4,904
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,483
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $10,995  $8,796
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers