Global Unsaturated Polyester Resin Market Overview
Introduction:
Unsaturated polyester resin is formed by the condensation of unsaturated acid and diol with or without di-acid. Cross linking of these resins along with the vinyl reactive polymer form highly durable structures and coatings. Composite material glass fiber–reinforced plastics is formed by using polymer unsaturated polyester resin. It is widely used in the building and construction owing to its excellent properties. The key difference between saturated and unsaturated is that saturated polyester resins have no double bonds in their main chain whereas the unsaturated polyester resins have double bonds in their main chain. Polyester resins had many advantages such as low cost, adequate resistance to water, resistant to weather etc. It is made by the reaction of dibasic organic acids and polyhydric acids. The global unsaturated polyester resin market accounted for US$ 8655.34 million in 2020 and is estimated to be US$ 14450.49 million by 2030 and is anticipated to register a CAGR of 5.3%.
Global Unsaturated Polyester Resin Market Dynamics
Rising building and construction industry
Increasing building and construction industry, along with rising mining activities across the globe are driving growth of the global unsaturated polyester resin market. Growing demand from electrical & electronics and chemical sector is expected to propel growth of the target market over the forecast period. In addition, increasing adoption of orthostatic resins in transport and marine industries is fueling growth of the global unsaturated polyester resin market growth.
However, availability of substitute at low cost is restraining growth of the global unsaturated polyester resin market. In addition, fluctuating raw material prices is another factor expected to hamper growth of the target market.
Global Unsaturated Polyester Resin Market Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The global unsaturated polyester resin market is segmented based on product type, end use industry and region.
On the basis of product type, the global unsaturated polyester resin market is segmented into orthophthalic, polyesters, isophthalic, dicyclopentadiene, and others. On the basis of end use industry, the target market is segmented into marine, building construction, transportation, electrical & electronics, power generation, oil and gas, and others.
Regional Insights:
The global unsaturated polyester resin market accounted for US$ 8655.34 million in 2020 and is estimated to be US$ 14450.49 million by 2030 and is anticipated to register a CAGR of 5.3%. On region the global unsaturated polyester resin market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the target market in terms of revenue over the forecast period. North America is projected to be the second highest share in terms of revenue in the global unsaturated polyester resin market in the near future.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2030 |
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Market Segmentation |
By Product Type- Orthophthalic, Polyesters, Isophthalic, Dicyclopentadiene, and Others By End Use Industry– Marine, Building Construction, Transportation, Electrical & Electronics, Power Generation, Oil & Gas, and Others |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global unsaturated polyester resin market report based on product type, end use industry, and region.
Global Unsaturated Polyester Resin Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
- North America
- Brazil
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- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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Global Unsaturated Polyester Resin Market Key Players
The key players operating in the global unsaturated polyester resin market includes Ashland Global Holdings Inc., Tianhe Chemicals Group Ltd, Changzhou Zhonghui Solar Technology Company Limited, Aoc Resins and Coatings Company, BASF SE, The Dow Chemical Company, Koninklijke DSM N.V., CCP Composites, Reichhold Inc., and Saudi Basic Industries Corporation.
Global Unsaturated Polyester Resin Market Company Profile
- Ashland Global Holdings Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Tianhe Chemicals Group Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Changzhou Zhonghui Solar Technology Company Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Aoc Resins and Coatings Company,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BASF SE,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Dow Chemical Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Koninklijke DSM N.V.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CCP Composites
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Reichhold Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Saudi Basic Industries Corporation.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Unsaturated Polyester Resin Market Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product Type
- Market Snippet, By End-Use Industry
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Unsaturated Polyester Resin Market, By Product Type, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Orthophthalic
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Polyesters
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Isophthalic
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Dicyclopentadiene
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Unsaturated Polyester Resin Market, By End-Use Industry, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Marine
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Building Construction
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Transportation
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Electrical & Electronics
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Power Generation
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Oil and Gas
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Unsaturated Polyester Resin Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By End-Use Industry , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By End-Use Industry , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By End-Use Industry , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By End-Use Industry , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By End-Use Industry , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- Ashland Global Holdings Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Tianhe Chemicals Group Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Changzhou Zhonghui Solar Technology Company Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Aoc Resins and Coatings Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BASF SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Dow Chemical Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Koninklijke DSM N.V.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CCP Composites
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Reichhold Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Saudi Basic Industries Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
Unsaturated Polyester Resin Market report segmented by Product type, End-use Industry, and Region.
Rising demand for fiber-reinforced plastic tanks and pipes is boosting the growth of the market.
North America dominate the Unsaturated Polyester Resin market
Key players operating the Unsaturated Polyester Resin market includes Ashland Global Holdings Inc., Tianhe Chemicals Group Ltd, Changzhou Zhonghui Solar Technology Company Limited, Aoc Resins and Coatings Company, BASF SE, The Dow Chemical Company, Koninklijke DSM N.V., CCP Composites, Reichhold Inc., and Saudi Basic Industries Corporation.