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Unsaturated Polyester Resins Market 2021-26: Share, Size, Trends, Growth, Analysis

IMARC Group expects the global Unsaturated Polyester Resins Market to grow at a CAGR of around 5% during 2021-2026.

SHERIDAN, WYOMING, UNITED STATE, February 3, 2022 /EINPresswire.com/ -- According to the latest report by IMARC Group “Unsaturated Polyester Resins Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global unsaturated polyester resins market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026.

Unsaturated polyester resin (UPR) is a composite material consisting of glass-fiber reinforced plastics and a matrix incorporated with resins. It offers high tensile binding and impact strength along with an enhanced ability to withstand heat and corrosion. Unsaturated polyester resins are prominently used to manufacture composite materials, wood paints, laminated panels, coatings, coloring pastes, and sanitary wares.

Market Trends:

The expanding construction sector and the growing number of infrastructural projects are primarily augmenting the market for UPR. Moreover, the rising demand for high tensile and lightweight materials for manufacturing automotive parts with better fuel efficiency is also proliferating the market growth. Additionally, the increasing application of unsaturated polyester resins as a raw material for producing tanks, pipes, sports equipment, ducts, etc., is further augmenting the product demand. In the coming years, the growing adoption of UPR in electronic equipment, such as substation devices, printed wiring boards, microwaves, etc., will continue to propel the global market.

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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

AOC LLC
Ashland LLC
BASF SE
CCP Composites Ltd
E. I. Du Pont
Allnex Resins Australia Pty Ltd
Polynt Composites USA Inc.
Reichhold Inc.
Koninklijke DSM N.V.
Scott Bader Company Ltd.
Upc Technology Corporation, etc.

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://bit.ly/2RNzXAA

The report has segmented the market on the basis of Product Type, End-User and Region.

Breakup by Type:

Orthophthalic Resin
Isophthalic Resin
Dicyclopentadiene (DCPD) Resin
Others

Breakup by End-Use:

Building and Construction
Automotive
Marine
Pipes, Ducts and Tanks
Wind Energy
Electrical and Electronics
Others

Breakup by Form:

Liquid Form
Powder Form

Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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