Product Code: ETC5328416 | 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 |
Gambia Unsaturated Polyester Resin market currently, in 2023, has witnessed an HHI of 10000, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Unsaturated Polyester Resin (UPR) market in Gambia is expected to grow as demand for composite materials increases in sectors like construction, automotive, and marine industries. UPRs are favored for their versatility, ease of processing, and cost-effectiveness in producing high-performance materials. In Gambia, the market is likely to benefit from the growth in the construction sector, especially with an increasing focus on infrastructure development. The demand for environmentally friendly and durable materials is also expected to drive growth in the UPR market.
The Unsaturated Polyester Resin (UPR) market in Gambia is driven by the growing demand from industries such as construction, automotive, and marine. UPRs are valued for their versatility, high strength, and resistance to corrosion, making them ideal for applications in fiberglass-reinforced materials, coatings, and adhesives. As Gambia continues to develop its infrastructure, the demand for UPRs in construction and automotive applications increases. Additionally, the emphasis on sustainable and cost-effective materials drives the adoption of UPRs in the countrys growing manufacturing sector. The versatility of unsaturated polyester resins in various applications continues to be a key factor in their demand.
The Unsaturated Polyester Resin (UPR) market in Gambia faces several challenges, largely due to the limited local production and availability of raw materials. The market is heavily reliant on imports, which can be costly due to shipping and import taxes. Additionally, the lack of a well-established manufacturing base for UPR and related composite materials in Gambia hinders the development of a competitive market. The relatively low demand for UPR products, particularly in the construction and automotive sectors, makes it difficult for local manufacturers to achieve economies of scale. Furthermore, environmental concerns and the need for sustainable production methods are pressing issues for the UPR market in Gambia.
The Unsaturated Polyester Resin (UPR) market in Gambia is influenced by government regulations on construction, environmental sustainability, and industrial development. As the construction industry expands and modernizes, particularly with new housing and infrastructure projects, there is a growing demand for materials like UPR, which is used in composites, construction, and automotive applications. The Gambian government`s focus on sustainable development and eco-friendly construction materials may also promote the use of UPR products that are less harmful to the environment compared to traditional materials, supporting market growth.
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 Gambia Unsaturated Polyester Resin Market Overview |
3.1 Gambia Country Macro Economic Indicators |
3.2 Gambia Unsaturated Polyester Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Gambia Unsaturated Polyester Resin Market - Industry Life Cycle |
3.4 Gambia Unsaturated Polyester Resin Market - Porter's Five Forces |
3.5 Gambia Unsaturated Polyester Resin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Gambia Unsaturated Polyester Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Gambia Unsaturated Polyester Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and corrosion-resistant materials in various industries |
4.2.2 Growing construction activities and infrastructure development in Gambia |
4.2.3 Rise in the use of unsaturated polyester resin in automotive manufacturing for parts and components |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Lack of awareness about the benefits and applications of unsaturated polyester resin |
4.3.3 Competition from alternative materials like epoxy resins and vinyl ester resins |
5 Gambia Unsaturated Polyester Resin Market Trends |
6 Gambia Unsaturated Polyester Resin Market Segmentations |
6.1 Gambia Unsaturated Polyester Resin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Gambia Unsaturated Polyester Resin Market Revenues & Volume, By Orthophthalic, 2021-2031F |
6.1.3 Gambia Unsaturated Polyester Resin Market Revenues & Volume, By Isophthalic, 2021-2031F |
6.1.4 Gambia Unsaturated Polyester Resin Market Revenues & Volume, By Dicyclopentadiene (DCPD), 2021-2031F |
6.2 Gambia Unsaturated Polyester Resin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Gambia Unsaturated Polyester Resin Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 Gambia Unsaturated Polyester Resin Market Revenues & Volume, By Marine, 2021-2031F |
6.2.4 Gambia Unsaturated Polyester Resin Market Revenues & Volume, By Pipes & Tanks, 2021-2031F |
6.2.5 Gambia Unsaturated Polyester Resin Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2.6 Gambia Unsaturated Polyester Resin Market Revenues & Volume, By Land Transportation, 2021-2031F |
6.2.7 Gambia Unsaturated Polyester Resin Market Revenues & Volume, By Wind Energy, 2021-2031F |
7 Gambia Unsaturated Polyester Resin Market Import-Export Trade Statistics |
7.1 Gambia Unsaturated Polyester Resin Market Export to Major Countries |
7.2 Gambia Unsaturated Polyester Resin Market Imports from Major Countries |
8 Gambia Unsaturated Polyester Resin Market Key Performance Indicators |
8.1 Percentage of market penetration of unsaturated polyester resin in key industries in Gambia |
8.2 Rate of adoption of advanced manufacturing technologies in the production of unsaturated polyester resin |
8.3 Number of research and development initiatives focused on enhancing the properties and applications of unsaturated polyester resin |
9 Gambia Unsaturated Polyester Resin Market - Opportunity Assessment |
9.1 Gambia Unsaturated Polyester Resin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Gambia Unsaturated Polyester Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Gambia Unsaturated Polyester Resin Market - Competitive Landscape |
10.1 Gambia Unsaturated Polyester Resin Market Revenue Share, By Companies, 2024 |
10.2 Gambia Unsaturated Polyester Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |