Unsaturated Polyester Resins Market Analysis By Demand, By Region, By Applications and Forecast Report Till 2032

Unsaturated Polyester Resins Market Overview

Unsaturated polyester resin exhibits properties such as rigidness, electrical insulation, dimensional stability, excellent surface finish, mechanical strength, and wear and chemical resistance. Owing to its properties, UPR is used in end-use industries including composite materials, panels (flat laminated, corrugated, and ribbed), gel coats, wood paints, quartz, marble, artificial cement, fillers coloring pastes, etc.  

UPR is segmented into end-use industries

The market of UPR is segmented into end-use industries which include building & construction, automotive & transportation, electrical & electronics, and others. 

Key Players in the UPR Market

Key players in the Unsaturated Polyester Resin (UPR) market include:

Polynt-Reichhold, with a production capacity of around 775 thousand tons annually, is the largest manufacturer of UPR globally. It is followed by Yabang Investment Holding at around 625 thousand tons, AOC at around 508 thousand tons, and INEOS Composites at around 459 thousand tons annually.

Composite material is produced by combining UPR fiberglass and carbon fiber-reinforced plastic (FRP). The resulting composite material is extensively used in building & construction, automotive, and marine industries owing to properties such as weight, durability, excellent tensile strength, impact strength, corrosion and heat resistance, and electrical properties. Additionally, cross-linked UPR without reinforcement caters to applications such as cultured marble, gel coats, bowling balls, buttons, solid surface countertops, and automotive repair putty.

Unsaturated Polyester Resins Market Forecast

The robust growth of the construction & infrastructure industry will drive the market of UPR. Around 20% of overall fiber-reinforced plastic demand is in the construction industry to make structures including roads, slabs, columns, beams, and bridges. UPR with glass or carbon-reinforced composite enhances the load-bearing capacity of structures. The infrastructure industry is experiencing growth worldwide

For instance, the largest federal infrastructure investment in decades was approved by Congress in the USA in 2021. In India, the government is embarking on ambitious infrastructure projects such as the Chenab Bridge in Jammu and Kashmir. This bridge is one of the tallest bridges globally built at a high altitude and accommodates a broad-gauge Indian Railway Line throughout its entire life span.

Additionally, the Indian government has introduced several policies and schemes to boost the infrastructure industry of the country such as The National Infrastructure Pipeline (NIP) highlights social and infrastructure projects of worth USD 122.5 Billion (INR 102 Lakh Crores) including energy, roads, railways, and urban development projects. The Brazilian government recently announced to invest around USD 200 Billion on the country’s energy, transportation, and infrastructure sector for a span of 4 years to boost the economy and employment in the country.

Additionally, the marine coating industry is driving the demand for UPR owing to gelcoat which offers excellent resistance to the boat surface from water, chemicals, and heat. The marine coating industry is boosted by rising demand for premium and sustainable solutions to improve energy efficiency and post-pandemic caused an increase in shipping activities.           

Regional Overview

The global market of UPR is growing at a healthy pace and demand is poised to grow at an annual average rate of 4%-4.5% during 2023-2027. The demand of UPR in Asia-Pacific is anticipated to grow at a healthy pace of annual average rate of 5.7% followed by Europe and the Middle East and Africa at an annual average rate of 3.7%. North America is poised to grow at a slower rate of around 1.2% in the forecast period.

 

Scope of Report 

The Unsaturated Polyester Resin
 report describes the global Unsaturated Polyester Resins market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by End-Use
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Unsaturated Polyester Resin
 Market data in terms of volume and value for each end-use 
   at regional and country level
•  Unsaturated Polyester Resin
 Market analysis for Production, Capacity, and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population, and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  End-Use
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2021
          -  Base - 2022
          -  Forecast Period - 2023 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand-Supply Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance
      •  Automotive
      •  Construction
5.  Plants & Projects Analysis
      •  UPR Production Capacity, by Company
      •  UPR Production Capacity, by Country and by region
      •  Capacity Overview
6.  Introduction to Unsaturated Polyester Resins and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
7.  Market Dynamics and Industry Trends 
      •  Market Dynamics 
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
8.  Global Unsaturated Polyester Resins Demand-Supply Analysis, By End-Use(Volume, Value) (2016–2032)
      •  Strategic Issues
      •  Demand-Supply Analysis and Forecast (2016 – 2032)
          -  Capacity
          -  Capacity Utilization (%)
          -  Production
          -  Imports
          -  Exports
          -  Net Trade
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Unsaturated Polyester Resins Market, By End-Use
          -  Building & Construction
          -  Automotive & Transportation
          -  Electrical & Electronics
          -  Marine
          -  Others
9.  Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues
      •  Capacity
      •  Capacity Utilization (%)
      •  Production
      •  Imports
      •  Exports
      •  Net Exports
      •  Demand
      •  Demand Growth Rate (%)
      •  UPR Market, By End-Use
Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand-supply (consumption) split by end-use has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Turkey
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  ASEAN
         -  Rest of Asia-Pacific
      •  Central & South America
         -  Brazil
         -  Rest of CSA
      •  Middle East & Africa
         -  Saudi Arabia
         -  South Africa
         -  Rest of MEA
Note: CAGR will be calculated for all the end-use to arrive at the regional/global demand growth for the forecast period (2023 – 2032)
10.  Pricing Analysis
      •  Average UPR Prices, USD/Kg
      •  Average UPR prices, by Country 
      •  Average UPR prices, by Region
      •  Price Forecast
11.  Key Strategic Issues
12.  Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
13.  Strategic Recommendation & Suggestions
14.  Company Analysis and Market Share Analysis
      •  Unsaturated Polyester Resins Manufacturers Profiles/ Company Analysis
         -  Basic Details
         - Headquarters, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Key Business Strategies adopted and Prismane Consulting Overview
         -  Recent Developments
         -  Companies Covered
             -  Polynt-Reichhold Group
             -  INEOS
             -  AOC
             -  BASF
             -  Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
15.  Appendices
      •  Demand-Supply - Regions
      •  Demand-Supply– Countries
      •  Capacities, 2016-2032

Scope of Report 

The Unsaturated Polyester Resin
 report describes the global Unsaturated Polyester Resins market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by End-Use
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Unsaturated Polyester Resin
 Market data in terms of volume and value for each end-use 
   at regional and country level
•  Unsaturated Polyester Resin
 Market analysis for Production, Capacity, and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population, and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment