| Product Code: ETC5328411 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Estonia continues to rely on imports of unsaturated polyester resin, with top suppliers in 2024 being Germany, Poland, and Norway. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a negative Compound Annual Growth Rate (CAGR) of -2.65% from 2020 to 2024, the growth rate in 2024 saw a significant decline of -13.07%. This suggests a challenging environment for the unsaturated polyester resin market in Estonia, possibly impacted by various economic factors or shifts in demand. Monitoring these trends closely will be crucial for market participants in the coming years.

The Unsaturated Polyester Resin (UPR) market in Estonia is experiencing growth due to the increasing demand for lightweight and durable materials in industries such as automotive, construction, and marine. UPRs are used in the production of composites, offering excellent mechanical properties, chemical resistance, and versatility. As Estonia`s manufacturing sector continues to modernize, UPRs are increasingly being adopted in the production of various goods, including car parts, construction materials, and boats. The market is poised to expand further as Estonia focuses on eco-friendly materials and sustainable production practices.
In Estonia, the Unsaturated Polyester Resin market benefits from growing construction and automotive industries. Rising demand for corrosion-resistant materials and advancements in resin formulations contribute to the market`s development.
The Estonia Unsaturated Polyester Resin (UPR) Market faces challenges related to raw material supply, cost fluctuations, and environmental concerns. Unsaturated polyester resins are widely used in the manufacturing of composites for industries such as automotive, construction, and marine. However, the raw materials used in the production of UPR, such as styrene and other chemical compounds, are subject to price fluctuations, which can affect production costs. Environmental regulations are also increasingly restricting the use of certain chemicals in UPR formulations, prompting manufacturers to invest in developing more eco-friendly alternatives, which can be expensive and time-consuming.
The Estonian government promotes the use of unsaturated polyester resins (UPRs) in various industries, including automotive, construction, and marine applications. Policies focus on sustainability and reducing the environmental impact of resin production by encouraging the development of eco-friendly formulations. The government provides incentives for companies to adopt cleaner production processes and to invest in UPR recycling technologies. These policies align with Estonia`s goals of advancing green technologies and improving industrial efficiency.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Estonia Unsaturated Polyester Resin Market Overview |
3.1 Estonia Country Macro Economic Indicators |
3.2 Estonia Unsaturated Polyester Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Estonia Unsaturated Polyester Resin Market - Industry Life Cycle |
3.4 Estonia Unsaturated Polyester Resin Market - Porter's Five Forces |
3.5 Estonia Unsaturated Polyester Resin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Estonia Unsaturated Polyester Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Estonia Unsaturated Polyester Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in various industries such as automotive, construction, and marine. |
4.2.2 Growing construction activities and infrastructure development projects in Estonia. |
4.2.3 Rising adoption of unsaturated polyester resins in the manufacturing of composite materials for various applications. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices such as styrene and maleic anhydride. |
4.3.2 Environmental regulations and concerns regarding the use and disposal of unsaturated polyester resins. |
4.3.3 Competition from alternative materials such as epoxy resins and vinyl ester resins. |
5 Estonia Unsaturated Polyester Resin Market Trends |
6 Estonia Unsaturated Polyester Resin Market Segmentations |
6.1 Estonia Unsaturated Polyester Resin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Estonia Unsaturated Polyester Resin Market Revenues & Volume, By Orthophthalic, 2021-2031F |
6.1.3 Estonia Unsaturated Polyester Resin Market Revenues & Volume, By Isophthalic, 2021-2031F |
6.1.4 Estonia Unsaturated Polyester Resin Market Revenues & Volume, By Dicyclopentadiene (DCPD), 2021-2031F |
6.2 Estonia Unsaturated Polyester Resin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Estonia Unsaturated Polyester Resin Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 Estonia Unsaturated Polyester Resin Market Revenues & Volume, By Marine, 2021-2031F |
6.2.4 Estonia Unsaturated Polyester Resin Market Revenues & Volume, By Pipes & Tanks, 2021-2031F |
6.2.5 Estonia Unsaturated Polyester Resin Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2.6 Estonia Unsaturated Polyester Resin Market Revenues & Volume, By Land Transportation, 2021-2031F |
6.2.7 Estonia Unsaturated Polyester Resin Market Revenues & Volume, By Wind Energy, 2021-2031F |
7 Estonia Unsaturated Polyester Resin Market Import-Export Trade Statistics |
7.1 Estonia Unsaturated Polyester Resin Market Export to Major Countries |
7.2 Estonia Unsaturated Polyester Resin Market Imports from Major Countries |
8 Estonia Unsaturated Polyester Resin Market Key Performance Indicators |
8.1 Average selling price of unsaturated polyester resins. |
8.2 Adoption rate of unsaturated polyester resins in key industries. |
8.3 Number of new product developments and innovations in the unsaturated polyester resin market. |
9 Estonia Unsaturated Polyester Resin Market - Opportunity Assessment |
9.1 Estonia Unsaturated Polyester Resin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Estonia Unsaturated Polyester Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Estonia Unsaturated Polyester Resin Market - Competitive Landscape |
10.1 Estonia Unsaturated Polyester Resin Market Revenue Share, By Companies, 2024 |
10.2 Estonia Unsaturated Polyester Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |