The report on the Global Unsaturated Polyester Resin Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Unsaturated polyester resins are chemicals which are manufactured by condensation reaction between acids and glycols. They have properties such as high physical strength, weather resistance and heat distortion temperature. They are used in the manufacturing of variety of products such as boat and ships, wind blades, electrical windmills, automotive applications, sanitary wares, fiberglass reinforced plastics, and non-reinforced plastics.
The unsaturated polyester resin is classified according to product as orthophthalic, isophthalic, DCPD and others (including vinyl esters, terephthalic esters, etc.). Orthophthalic segment has the greatest market share in the product market as it is used in varied industrial applications. DCPD segment is expected to grow during the forecast period. The unsaturated polyester resin market is segmented according to application as building & construction, tanks & pipes, electrical, marine, transport, artificial stones and others (including aerospace, wind energy, etc.). Building and construction segment holds the largest market share due to extensive use of polyester resin in concrete, composites, roofing and reinforcements.
The key drivers of unsaturated polyester resin are changing lifestyle, increasing urbanization and growth in the real estate industry in developing nations. The increasing demand for pipes and tanks in chemical industry is expected to fuel the market. The demand for unsaturated polyester resin is increasing in marine applications due to resistance and hydrolytic stability. The key constraints of this market are volatile raw material prices, high cost of manufacturing and environmental regulation.
North America is the largest consumer of unsaturated polyester resin. Asia Pacific region is expected to grow during the forecast period due to its rising construction industry.
The key companies operating in this market are:
- Ashland Inc.
- AOC Resins
- CCP Composites
- Changzhou New Solar Co. Ltd.
- BASF SE
- DuPont
- DSM
- Eternal Chemical Co. Ltd.
- Lanxess AG.
SEGMENTATIONS IN REPORT:
Unsaturated Polyester Resin By Product
- Orthophthalic
- Isophthalic
- DCPD
- Others (Including Vinyl Esters, Terephthalic Esters, Etc.)
Unsaturated Polyester Resin By Application
- Building & Construction
- Tanks & Pipes
- Electrical
- Marine
- Transport
- Artificial Stones
- Others (Including Aerospace, Wind Energy, Etc.)
Unsaturated Polyester Resin By Geography
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Unsaturated Polyester Resin Market has been exhibited in detail in the following some chapters -
Chapter 1 Unsaturated Polyester Resin Market Preface
Chapter 2 Executive Summary
Chapter 3 Unsaturated Polyester Resin Industry Analysis
Chapter 4 Unsaturated Polyester Resin Market Value Chain Analysis
Chapter 5 Unsaturated Polyester Resin Market Analysis By Product
Chapter 6 Unsaturated Polyester Resin Market Analysis By Application
Chapter 8 Unsaturated Polyester Resin Market Analysis By Geography
Chapter 9 Competitive Landscape Of Unsaturated Polyester Resin Companies
Chapter 10 Company Profiles Of Unsaturated Polyester Resin Industry
GLOSSARY:
Unsaturated Polyester Resin: Unsaturated Polyester Resins are chemicals which are manufactured by condensation reaction between acids and glycols.