Product Code: ETC350912 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Bangladesh unsaturated polyester resin (UPR) market serves various industries, including construction, automotive, marine, and electrical, by providing versatile and cost-effective thermosetting resins used in composites manufacturing. UPRs offer excellent mechanical properties, corrosion resistance, and ease of processing, making them ideal for applications such as fiberglass reinforced plastics (FRP), gelcoats, laminates, and adhesives. With the growing demand for lightweight and durable materials in infrastructure projects, transportation vehicles, and consumer goods, there`s a rising need for high-quality UPRs that can meet stringent performance requirements while enabling efficient production processes. Key players in the Bangladesh UPR market are focused on developing innovative resin formulations, enhancing product quality, and expanding their manufacturing capabilities to address the evolving needs of customers and capitalize on the growing opportunities in the composites industry.
The Bangladesh Unsaturated Polyester Resin Market is experiencing steady growth, driven by the increasing demand for lightweight and durable composite materials in various industries such as construction, automotive, marine, and aerospace. Unsaturated polyester resins, serving as the primary matrix material in composite manufacturing, offer excellent corrosion resistance, mechanical properties, and design flexibility, making them indispensable for producing high-performance components and structures.
The Unsaturated Polyester Resin (UPR) market in Bangladesh encounters challenges related to raw material sourcing and quality control. UPR production relies on petrochemical feedstocks, the availability and pricing of which are subject to market fluctuations and geopolitical uncertainties. Ensuring the consistent quality of UPR products requires rigorous testing and adherence to manufacturing standards, which may be challenging for smaller producers with limited resources. Moreover, environmental regulations aimed at reducing emissions and promoting sustainable manufacturing practices add complexity to UPR production and distribution.
Recognizing the importance of unsaturated polyester resin (UPR) in industries such as construction, automotive, and marine, the Bangladesh government has implemented policies to support the growth of the UPR market. These policies may include incentives for manufacturers to invest in UPR production facilities, such as tax breaks or subsidies for capital investment. Additionally, the government may work to streamline regulatory processes related to environmental permits and product standards, facilitating the expansion of UPR manufacturing capacity while ensuring compliance with safety and environmental regulations. Moreover, the government may collaborate with industry stakeholders to promote research and development initiatives aimed at enhancing the performance and sustainability of UPR materials.
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 Bangladesh Unsaturated Polyester Resin Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Unsaturated Polyester Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Unsaturated Polyester Resin Market - Industry Life Cycle |
3.4 Bangladesh Unsaturated Polyester Resin Market - Porter's Five Forces |
3.5 Bangladesh Unsaturated Polyester Resin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bangladesh Unsaturated Polyester Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bangladesh Unsaturated Polyester Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from end-use industries such as construction, automotive, and marine sectors |
4.2.2 Increasing investments in infrastructure development projects in Bangladesh |
4.2.3 Rise in usage of unsaturated polyester resin in the manufacturing of composite materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Lack of awareness and technical expertise in handling unsaturated polyester resin |
4.3.3 Environmental regulations and sustainability concerns impacting market growth |
5 Bangladesh Unsaturated Polyester Resin Market Trends |
6 Bangladesh Unsaturated Polyester Resin Market, By Types |
6.1 Bangladesh Unsaturated Polyester Resin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Unsaturated Polyester Resin Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Bangladesh Unsaturated Polyester Resin Market Revenues & Volume, By Orthophthalic, 2021-2031F |
6.1.4 Bangladesh Unsaturated Polyester Resin Market Revenues & Volume, By Isophthalic, 2021-2031F |
6.1.5 Bangladesh Unsaturated Polyester Resin Market Revenues & Volume, By Dicyclopentadiene (DCPD), 2021-2031F |
6.2 Bangladesh Unsaturated Polyester Resin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Unsaturated Polyester Resin Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 Bangladesh Unsaturated Polyester Resin Market Revenues & Volume, By Marine, 2021-2031F |
6.2.4 Bangladesh Unsaturated Polyester Resin Market Revenues & Volume, By Pipes & Tanks, 2021-2031F |
6.2.5 Bangladesh Unsaturated Polyester Resin Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2.6 Bangladesh Unsaturated Polyester Resin Market Revenues & Volume, By Land Transportation, 2021-2031F |
6.2.7 Bangladesh Unsaturated Polyester Resin Market Revenues & Volume, By Wind Energy, 2021-2031F |
7 Bangladesh Unsaturated Polyester Resin Market Import-Export Trade Statistics |
7.1 Bangladesh Unsaturated Polyester Resin Market Export to Major Countries |
7.2 Bangladesh Unsaturated Polyester Resin Market Imports from Major Countries |
8 Bangladesh Unsaturated Polyester Resin Market Key Performance Indicators |
8.1 Research and development investment in new resin formulations |
8.2 Adoption rate of unsaturated polyester resin in new applications |
8.3 Number of partnerships and collaborations with key players in the value chain |
9 Bangladesh Unsaturated Polyester Resin Market - Opportunity Assessment |
9.1 Bangladesh Unsaturated Polyester Resin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bangladesh Unsaturated Polyester Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bangladesh Unsaturated Polyester Resin Market - Competitive Landscape |
10.1 Bangladesh Unsaturated Polyester Resin Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Unsaturated Polyester Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |