| Product Code: ETC5721922 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Canada`s import trend for unsaturated polyester resins experienced a -5.52% growth rate from the previous year, while the compound annual growth rate (CAGR) for 2020-2024 stood at 11.32%. This decline in import momentum in 2024 may be attributed to shifts in market demand or changes in trade policies impacting the sector`s stability.

The unsaturated polyester resins market in Canada is expanding as these resins are used in a range of applications such as fiberglass-reinforced plastics and coatings. These resins offer excellent mechanical properties and chemical resistance. Market growth is supported by the increasing demand for high-performance materials in construction, automotive, and industrial applications, as well as advancements in resin technology.
The unsaturated polyester resins market in Canada is expanding due to the increasing demand for composite materials in applications such as automotive, construction, and consumer goods. Unsaturated polyester resins are used as matrix materials in composites, providing strength and durability. The growth of infrastructure projects, the need for high-performance materials, and advancements in resin formulations are driving the market growth.
The Canadian unsaturated polyester resins market encounters challenges such as high production costs and the need for innovation to meet diverse industry requirements. Ensuring resin performance, quality, and regulatory compliance is crucial. The market must navigate competition from global resin manufacturers and adapt to evolving technology trends and consumer demands for sustainable and high-performance resins. Managing supply chain disruptions and addressing environmental concerns add complexity.
Similar to the unsaturated polyester resin market, government policies on sustainability and environmental protection influence the unsaturated polyester resins market. Regulations promoting the use of sustainable materials drive market development.
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 Resins Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Unsaturated Polyester Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Unsaturated Polyester Resins Market - Industry Life Cycle |
3.4 Canada Unsaturated Polyester Resins Market - Porter's Five Forces |
3.5 Canada Unsaturated Polyester Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Canada Unsaturated Polyester Resins Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Canada Unsaturated Polyester Resins 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 focus on sustainability and environmental regulations favoring the use of unsaturated polyester resins. |
4.2.3 Technological advancements leading to the development of innovative products with enhanced properties. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Competition from alternative materials like epoxy resins and vinyl ester resins. |
4.3.3 Economic volatility affecting investments in infrastructure and construction projects. |
5 Canada Unsaturated Polyester Resins Market Trends |
6 Canada Unsaturated Polyester Resins Market Segmentations |
6.1 Canada Unsaturated Polyester Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Unsaturated Polyester Resins Market Revenues & Volume, By Ortho phthalic, 2021-2031F |
6.1.3 Canada Unsaturated Polyester Resins Market Revenues & Volume, By Isophthalic & DCPD, 2021-2031F |
6.2 Canada Unsaturated Polyester Resins Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Canada Unsaturated Polyester Resins Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 Canada Unsaturated Polyester Resins Market Revenues & Volume, By Marine, 2021-2031F |
6.2.4 Canada Unsaturated Polyester Resins Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.5 Canada Unsaturated Polyester Resins Market Revenues & Volume, By Pipes & Tanks, 2021-2031F |
6.2.6 Canada Unsaturated Polyester Resins Market Revenues & Volume, By Artificial Stone, 2021-2031F |
6.2.7 Canada Unsaturated Polyester Resins Market Revenues & Volume, By Wind Energy, 2021-2031F |
7 Canada Unsaturated Polyester Resins Market Import-Export Trade Statistics |
7.1 Canada Unsaturated Polyester Resins Market Export to Major Countries |
7.2 Canada Unsaturated Polyester Resins Market Imports from Major Countries |
8 Canada Unsaturated Polyester Resins Market Key Performance Indicators |
8.1 Average selling price of unsaturated polyester resins in Canada. |
8.2 Percentage of market share held by environmentally friendly unsaturated polyester resins. |
8.3 Research and development expenditure on new product development in the unsaturated polyester resins market. |
9 Canada Unsaturated Polyester Resins Market - Opportunity Assessment |
9.1 Canada Unsaturated Polyester Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Canada Unsaturated Polyester Resins Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Canada Unsaturated Polyester Resins Market - Competitive Landscape |
10.1 Canada Unsaturated Polyester Resins Market Revenue Share, By Companies, 2024 |
10.2 Canada 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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