Product Code: ETC5328394 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Canada Unsaturated Polyester Resin Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 3.98% in 2025, growth builds up to 4.46% by 2029.
The unsaturated polyester resin market in Canada is growing with the increasing use of these resins in various industrial applications, including automotive, construction, and marine. Unsaturated polyester resins are valued for their versatility, durability, and cost-effectiveness. Market growth is driven by advancements in resin formulation, rising demand for composite materials, and the expansion of end-use industries.
The unsaturated polyester resin market in Canada is driven by the demand for durable and versatile materials used in various applications, including construction, automotive, and marine industries. Unsaturated polyester resins are known for their high strength, corrosion resistance, and ease of processing. The growth of end-use industries, the need for lightweight and high-performance materials, and advancements in resin technologies are contributing to the market growth.
The Canadian unsaturated polyester resin market faces challenges related to fluctuating raw material prices and high production costs. Ensuring product quality and compliance with environmental regulations is crucial. The market must address competition from alternative resin products and global suppliers while adapting to changing industry demands and technological advancements. Managing supply chain issues and addressing sustainability goals add complexity to market management.
Environmental regulations and policies promoting sustainable manufacturing practices impact the unsaturated polyester resin market. Government initiatives supporting the use of eco-friendly resins and reducing environmental impact drive market trends.
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 Canada Unsaturated Polyester Resin Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Unsaturated Polyester Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Unsaturated Polyester Resin Market - Industry Life Cycle |
3.4 Canada Unsaturated Polyester Resin Market - Porter's Five Forces |
3.5 Canada Unsaturated Polyester Resin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Canada Unsaturated Polyester Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Canada Unsaturated Polyester Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and durable materials in industries such as construction, automotive, and marine. |
4.2.2 Increasing adoption of unsaturated polyester resins in the manufacturing of composites due to their high strength-to-weight ratio. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices, such as styrene and glycols, impacting the production costs of unsaturated polyester resins. |
4.3.2 Stringent environmental regulations regarding the disposal and emissions associated with unsaturated polyester resins production. |
5 Canada Unsaturated Polyester Resin Market Trends |
6 Canada Unsaturated Polyester Resin Market Segmentations |
6.1 Canada Unsaturated Polyester Resin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Unsaturated Polyester Resin Market Revenues & Volume, By Orthophthalic, 2021-2031F |
6.1.3 Canada Unsaturated Polyester Resin Market Revenues & Volume, By Isophthalic, 2021-2031F |
6.1.4 Canada Unsaturated Polyester Resin Market Revenues & Volume, By Dicyclopentadiene (DCPD), 2021-2031F |
6.2 Canada Unsaturated Polyester Resin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Canada Unsaturated Polyester Resin Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 Canada Unsaturated Polyester Resin Market Revenues & Volume, By Marine, 2021-2031F |
6.2.4 Canada Unsaturated Polyester Resin Market Revenues & Volume, By Pipes & Tanks, 2021-2031F |
6.2.5 Canada Unsaturated Polyester Resin Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2.6 Canada Unsaturated Polyester Resin Market Revenues & Volume, By Land Transportation, 2021-2031F |
6.2.7 Canada Unsaturated Polyester Resin Market Revenues & Volume, By Wind Energy, 2021-2031F |
7 Canada Unsaturated Polyester Resin Market Import-Export Trade Statistics |
7.1 Canada Unsaturated Polyester Resin Market Export to Major Countries |
7.2 Canada Unsaturated Polyester Resin Market Imports from Major Countries |
8 Canada Unsaturated Polyester Resin Market Key Performance Indicators |
8.1 Research and development investment in eco-friendly formulations to reduce environmental impact. |
8.2 Adoption rate of unsaturated polyester resins in new applications and industries. |
8.3 Percentage of market share held by sustainable and recycled unsaturated polyester resins. |
8.4 Growth in demand for unsaturated polyester resins in emerging sectors, such as renewable energy and aerospace. |
9 Canada Unsaturated Polyester Resin Market - Opportunity Assessment |
9.1 Canada Unsaturated Polyester Resin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Canada Unsaturated Polyester Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Canada Unsaturated Polyester Resin Market - Competitive Landscape |
10.1 Canada Unsaturated Polyester Resin Market Revenue Share, By Companies, 2024 |
10.2 Canada Unsaturated Polyester Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |