| Product Code: ETC5721918 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The unsaturated polyester resins import Market Top 5 Importing Countries and Market Competition (HHI) Analysis in Bulgaria continued to be dominated by top exporting countries such as Italy, Germany, Turkey, Metropolitan France, and Serbia in 2024. The High Herfindahl-Hirschman Index (HHI) indicates a very high concentration in the Market Top 5 Importing Countries and Market Competition (HHI) Analysis . With a healthy Compound Annual Growth Rate (CAGR) of 2.93% from 2020 to 2024, and a steady growth rate of 1.22% from 2023 to 2024, the Market Top 5 Importing Countries and Market Competition (HHI) Analysis is showing resilience and potential for further expansion in the coming years.

The unsaturated polyester resins market in Bulgaria is characterized by its use in various applications, including construction, automotive, and marine industries. These resins are valued for their durability, resistance to corrosion, and versatility. The Bulgarian market benefits from a growing construction sector and increased demand for lightweight materials. However, the market faces challenges such as fluctuating raw material prices and environmental regulations concerning the emissions and disposal of resin products.
The Bulgaria unsaturated polyester resins market is driven by the growing demand for lightweight and durable materials in various industries, such as automotive and construction. The expansion of the construction sector, along with increasing investments in infrastructure projects, significantly contributes to the rising need for unsaturated polyester resins. Additionally, the growing trend towards sustainable and eco-friendly building materials fuels market growth as these resins offer advantages in terms of strength and environmental impact.
The Unsaturated Polyester Resins (UPR) market in Bulgaria faces several challenges. The high cost of raw materials, including styrene and various additives, significantly impacts production costs and market pricing. Additionally, there is growing environmental concern regarding the volatile organic compounds (VOCs) emitted during the curing process of UPR, leading to stricter regulations and increased compliance costs. The market also struggles with intense competition from alternative resin technologies, such as epoxy and vinyl ester resins, which offer better performance characteristics. Furthermore, the economic instability and fluctuating demand in the construction and automotive industries pose additional risks.
The Bulgarian government regulates the unsaturated polyester resins market through policies aimed at promoting sustainable practices and enhancing industry standards. Environmental regulations are a key focus, with mandates on reducing emissions and improving waste management. Additionally, the government supports research and development in advanced resin technologies through grants and incentives, aiming to boost the competitiveness of Bulgarian manufacturers on the global stage.
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 Bulgaria Unsaturated Polyester Resins Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Unsaturated Polyester Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Unsaturated Polyester Resins Market - Industry Life Cycle |
3.4 Bulgaria Unsaturated Polyester Resins Market - Porter's Five Forces |
3.5 Bulgaria Unsaturated Polyester Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bulgaria Unsaturated Polyester Resins Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Bulgaria Unsaturated Polyester Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and durable materials in various industries, such as construction, automotive, and marine. |
4.2.2 Increasing investments in infrastructure projects in Bulgaria. |
4.2.3 Shift towards environmentally friendly and sustainable products. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices, such as styrene and maleic anhydride. |
4.3.2 Stringent regulations related to emissions and environmental impact. |
4.3.3 Competition from alternative materials like epoxy resins and vinyl ester resins. |
5 Bulgaria Unsaturated Polyester Resins Market Trends |
6 Bulgaria Unsaturated Polyester Resins Market Segmentations |
6.1 Bulgaria Unsaturated Polyester Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Unsaturated Polyester Resins Market Revenues & Volume, By Ortho phthalic, 2021-2031F |
6.1.3 Bulgaria Unsaturated Polyester Resins Market Revenues & Volume, By Isophthalic & DCPD, 2021-2031F |
6.2 Bulgaria Unsaturated Polyester Resins Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Unsaturated Polyester Resins Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 Bulgaria Unsaturated Polyester Resins Market Revenues & Volume, By Marine, 2021-2031F |
6.2.4 Bulgaria Unsaturated Polyester Resins Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.5 Bulgaria Unsaturated Polyester Resins Market Revenues & Volume, By Pipes & Tanks, 2021-2031F |
6.2.6 Bulgaria Unsaturated Polyester Resins Market Revenues & Volume, By Artificial Stone, 2021-2031F |
6.2.7 Bulgaria Unsaturated Polyester Resins Market Revenues & Volume, By Wind Energy, 2021-2031F |
7 Bulgaria Unsaturated Polyester Resins Market Import-Export Trade Statistics |
7.1 Bulgaria Unsaturated Polyester Resins Market Export to Major Countries |
7.2 Bulgaria Unsaturated Polyester Resins Market Imports from Major Countries |
8 Bulgaria Unsaturated Polyester Resins Market Key Performance Indicators |
8.1 Research and development investment in new product development and innovation. |
8.2 Percentage of revenue derived from sustainable/responsible sourcing practices. |
8.3 Number of partnerships and collaborations with key players in end-user industries. |
9 Bulgaria Unsaturated Polyester Resins Market - Opportunity Assessment |
9.1 Bulgaria Unsaturated Polyester Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bulgaria Unsaturated Polyester Resins Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Bulgaria Unsaturated Polyester Resins Market - Competitive Landscape |
10.1 Bulgaria Unsaturated Polyester Resins Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Unsaturated Polyester Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |