Unsaturated Polyester Resins Market- Share, Growth, Global Size, Scope, Key Segments and Forecast

Posted by Jack Martin on February 27th, 2024

The Unsaturated Polyester Resins (UPR) Market refers to the global industry involved in the production, distribution, and utilization of unsaturated polyester resins. UPRs are versatile thermosetting resins derived from the condensation reaction between unsaturated dibasic acids or anhydrides and diols. They are widely used in various industries such as construction, automotive, marine, electrical, and aerospace for manufacturing composite materials, coatings, adhesives, and laminates. UPRs offer excellent mechanical properties, chemical resistance, weatherability, and low shrinkage, making them ideal for a wide range of applications.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=891 

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 Unsaturated Polyester Resins (UPR) market encompasses different types of UPRs including orthophthalic, isophthalic, and dicyclopentadiene (DCPD) resins, each tailored to specific end-use requirements. Key factors driving the UPR Market include the growing demand for lightweight and high-performance materials, increasing use of composites in infrastructure projects, and rising applications in the automotive and construction sectors.

Building & construction is the most crucial end-use segment for the UPRs market. In emerging economies, substantial investments are being made in the infrastructure sector, propelling the development of the construction industry. The rapid expansion of the sector in the growing countries is helping in the growth of UPR’s market. The increase in the domestic market, increasing income levels & spendings, and easily available resources at low price is making APAC region the highest contributor of building & construction segment.

Regional markets, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa, contribute to the overall dynamics and growth of the UPR Market as companies innovate and expand their product portfolios to meet evolving industry demands and regulatory requirements.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=891 

The key players profiled in the Unsaturated polyester resin market report are Polynt-Reichhold Group (US), INEOS Composites (UK), Royal DSM (The Netherlands), AOC (US), and BASF SE (Germany) and others.