| Product Code: ETC5721908 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Barbados continues to be a key importer of unsaturated polyester resins, with top exporting countries including Turkey, USA, UK, Netherlands, and China in 2024. Despite a high level of market concentration measured by the Herfindahl-Hirschman Index (HHI), indicating a competitive landscape, the industry experienced a remarkable compound annual growth rate (CAGR) of 78.61% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -19.15%, suggesting some market fluctuations. Monitoring these trends can provide valuable insights for stakeholders in the unsaturated polyester resins market.

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 Barbados Unsaturated Polyester Resins Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Unsaturated Polyester Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Unsaturated Polyester Resins Market - Industry Life Cycle |
3.4 Barbados Unsaturated Polyester Resins Market - Porter's Five Forces |
3.5 Barbados Unsaturated Polyester Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Barbados Unsaturated Polyester Resins Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Barbados Unsaturated Polyester Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in Barbados, leading to increased demand for unsaturated polyester resins in applications such as composites and coatings. |
4.2.2 Rising awareness about the benefits of unsaturated polyester resins, such as durability, corrosion resistance, and cost-effectiveness. |
4.2.3 Government initiatives promoting the use of eco-friendly materials, driving the adoption of unsaturated polyester resins as they are recyclable and contribute to sustainability efforts. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of unsaturated polyester resins. |
4.3.2 Competition from alternative materials such as epoxy resins and vinyl ester resins, posing a threat to the market share of unsaturated polyester resins. |
4.3.3 Regulatory challenges and compliance requirements affecting the manufacturing and usage of unsaturated polyester resins in Barbados. |
5 Barbados Unsaturated Polyester Resins Market Trends |
6 Barbados Unsaturated Polyester Resins Market Segmentations |
6.1 Barbados Unsaturated Polyester Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados Unsaturated Polyester Resins Market Revenues & Volume, By Ortho phthalic, 2021-2031F |
6.1.3 Barbados Unsaturated Polyester Resins Market Revenues & Volume, By Isophthalic & DCPD, 2021-2031F |
6.2 Barbados Unsaturated Polyester Resins Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Barbados Unsaturated Polyester Resins Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 Barbados Unsaturated Polyester Resins Market Revenues & Volume, By Marine, 2021-2031F |
6.2.4 Barbados Unsaturated Polyester Resins Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.5 Barbados Unsaturated Polyester Resins Market Revenues & Volume, By Pipes & Tanks, 2021-2031F |
6.2.6 Barbados Unsaturated Polyester Resins Market Revenues & Volume, By Artificial Stone, 2021-2031F |
6.2.7 Barbados Unsaturated Polyester Resins Market Revenues & Volume, By Wind Energy, 2021-2031F |
7 Barbados Unsaturated Polyester Resins Market Import-Export Trade Statistics |
7.1 Barbados Unsaturated Polyester Resins Market Export to Major Countries |
7.2 Barbados Unsaturated Polyester Resins Market Imports from Major Countries |
8 Barbados Unsaturated Polyester Resins Market Key Performance Indicators |
8.1 Number of new construction projects utilizing unsaturated polyester resins. |
8.2 Adoption rate of unsaturated polyester resins in key industries such as marine, automotive, and construction. |
8.3 Investment in research and development for enhancing the properties and applications of unsaturated polyester resins in Barbados. |
9 Barbados Unsaturated Polyester Resins Market - Opportunity Assessment |
9.1 Barbados Unsaturated Polyester Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Barbados Unsaturated Polyester Resins Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Barbados Unsaturated Polyester Resins Market - Competitive Landscape |
10.1 Barbados Unsaturated Polyester Resins Market Revenue Share, By Companies, 2024 |
10.2 Barbados Unsaturated Polyester Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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