Product Code: ETC13379316 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Unsaturated Polyester Resin Market was valued at USD 10.6 Billion in 2024 and is expected to reach USD 15.3 Billion by 2031, growing at a compound annual growth rate of 6.30% during the forecast period (2025-2031).
The Global Unsaturated Polyester Resin Market is experiencing steady growth driven by the increasing demand from various end-use industries such as construction, automotive, and marine. The market is witnessing a shift towards eco-friendly and sustainable resins, in response to growing environmental concerns. Key factors contributing to market growth include advancements in resin technology, rising investment in infrastructure development, and expanding applications in composites manufacturing. Asia-Pacific region is a significant market player due to rapid industrialization and urbanization, while North America and Europe also hold a substantial market share. Key players in the global unsaturated polyester resin market include Ashland Inc., BASF SE, and AOC LLC, who are focusing on product innovation, strategic partnerships, and acquisitions to maintain their competitive edge in the market.
The Global Unsaturated Polyester Resin Market is experiencing steady growth due to increasing demand from end-use industries such as construction, automotive, and marine. The market is witnessing a shift towards bio-based unsaturated polyester resins as a sustainable and environmentally friendly alternative. Additionally, the growing use of unsaturated polyester resins in corrosion-resistant applications and infrastructure development projects is driving market growth. Opportunities lie in the development of high-performance resins with enhanced mechanical properties and improved chemical resistance to cater to evolving industry requirements. Technological advancements in resin formulations and production processes are expected to further propel market expansion. Collaborations between key players for product innovation and strategic partnerships to penetrate emerging markets present promising avenues for growth in the Global Unsaturated Polyester Resin Market.
One of the key challenges faced in the Global Unsaturated Polyester Resin Market is the volatility of raw material prices, particularly those derived from petrochemicals. Fluctuations in prices of key raw materials such as styrene can significantly impact the cost structure of unsaturated polyester resin manufacturers, leading to potential margin pressures. Additionally, environmental regulations and sustainability concerns are increasingly shaping the market dynamics, prompting resin producers to invest in eco-friendly and bio-based alternatives. Competition from substitute materials such as epoxy resins and vinyl ester resins also poses a challenge for market growth. Furthermore, the industry`s dependency on end-user industries like construction, automotive, and marine sectors makes it vulnerable to economic cycles and fluctuations in demand. Overall, navigating these challenges requires companies in the unsaturated polyester resin market to focus on innovation, cost management, and sustainable practices to maintain a competitive edge.
The Global Unsaturated Polyester Resin Market is primarily driven by the growing demand from end-use industries such as construction, automotive, marine, and electrical. The increasing use of unsaturated polyester resin in applications such as composites, coatings, and adhesives due to its superior properties such as high strength, corrosion resistance, and flexibility is fueling market growth. Additionally, the push towards sustainable and eco-friendly materials is driving the adoption of bio-based unsaturated polyester resins, further expanding market opportunities. Furthermore, ongoing research and development activities aimed at enhancing product characteristics and performance are expected to drive innovation and market growth in the coming years.
Government policies related to the Global Unsaturated Polyester Resin Market primarily focus on environmental regulations, safety standards, and trade policies. Many governments have imposed restrictions on the use of certain chemicals in the production of unsaturated polyester resins to reduce environmental impact and ensure product safety. Additionally, regulations concerning waste management and emissions control are also prevalent in this industry. Trade policies such as tariffs and import/export regulations can impact the market dynamics for unsaturated polyester resins on a global scale. It is essential for companies operating in this market to stay informed about the evolving government policies to remain compliant and competitive in the industry.
The Global Unsaturated Polyester Resin Market is expected to witness steady growth in the coming years, driven by increasing demand from various end-use industries such as construction, automotive, and marine. The market is anticipated to be propelled by factors such as rising investments in infrastructure development, growing demand for lightweight materials in automotive manufacturing, and expanding applications in the renewable energy sector. Additionally, the shift towards sustainable and eco-friendly products is likely to create new opportunities for market growth. However, challenges such as volatility in raw material prices and environmental regulations may pose a threat to market expansion. Overall, the Global Unsaturated Polyester Resin Market is poised for growth, with technological advancements and innovation playing a key role in shaping its future trajectory.
In the Global Unsaturated Polyester Resin Market, Asia Pacific holds a significant share due to the growing construction and automotive industries in countries like China and India. North America and Europe are mature markets for unsaturated polyester resin, with a focus on sustainability and technological advancements. The Middle East and Africa region is witnessing a steady growth rate attributed to infrastructure development projects. Latin America is also showing promising growth opportunities, driven by the expanding automotive and marine industries. Overall, the market in these regions is influenced by factors such as increasing demand for lightweight and durable materials, environmental regulations promoting the use of eco-friendly resins, and the rise in construction and infrastructure activities.
Global Unsaturated Polyester Resin 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 Global Unsaturated Polyester Resin Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Unsaturated Polyester Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Global Unsaturated Polyester Resin Market - Industry Life Cycle |
3.4 Global Unsaturated Polyester Resin Market - Porter's Five Forces |
3.5 Global Unsaturated Polyester Resin Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Unsaturated Polyester Resin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Unsaturated Polyester Resin Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.8 Global Unsaturated Polyester Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Unsaturated Polyester Resin Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Global Unsaturated Polyester Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Unsaturated Polyester Resin Market Trends |
6 Global Unsaturated Polyester Resin Market, 2021 - 2031 |
6.1 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Orthophthalic, 2021 - 2031 |
6.1.3 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Isophthalic, 2021 - 2031 |
6.1.4 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Dicyclopentadiene (DCPD), 2021 - 2031 |
6.1.5 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Vinyl Ester, 2021 - 2031 |
6.1.6 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Maleic Anhydride, 2021 - 2031 |
6.2.3 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Propylene Glycol, 2021 - 2031 |
6.2.4 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Styrene, 2021 - 2031 |
6.2.5 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Custom Formulations, 2021 - 2031 |
6.2.6 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Blended Polymers, 2021 - 2031 |
6.3 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Fiberglass Reinforced Plastics, 2021 - 2031 |
6.3.3 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Marine Coatings, 2021 - 2031 |
6.3.4 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Automotive Parts, 2021 - 2031 |
6.3.5 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Corrosion-Resistant Materials, 2021 - 2031 |
6.3.6 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Adhesives and Sealants, 2021 - 2031 |
6.4 Global Unsaturated Polyester Resin Market, Revenues & Volume, By End Use, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Construction, 2021 - 2031 |
6.4.3 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Marine Industry, 2021 - 2031 |
6.4.4 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Automotive, 2021 - 2031 |
6.4.5 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Chemical Processing, 2021 - 2031 |
6.4.6 Global Unsaturated Polyester Resin Market, Revenues & Volume, By Manufacturing, 2021 - 2031 |
7 North America Unsaturated Polyester Resin Market, Overview & Analysis |
7.1 North America Unsaturated Polyester Resin Market Revenues & Volume, 2021 - 2031 |
7.2 North America Unsaturated Polyester Resin Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Unsaturated Polyester Resin Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Unsaturated Polyester Resin Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
7.5 North America Unsaturated Polyester Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Unsaturated Polyester Resin Market, Revenues & Volume, By End Use, 2021 - 2031 |
8 Latin America (LATAM) Unsaturated Polyester Resin Market, Overview & Analysis |
8.1 Latin America (LATAM) Unsaturated Polyester Resin Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Unsaturated Polyester Resin Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Unsaturated Polyester Resin Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Unsaturated Polyester Resin Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
8.5 Latin America (LATAM) Unsaturated Polyester Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Unsaturated Polyester Resin Market, Revenues & Volume, By End Use, 2021 - 2031 |
9 Asia Unsaturated Polyester Resin Market, Overview & Analysis |
9.1 Asia Unsaturated Polyester Resin Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Unsaturated Polyester Resin Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Unsaturated Polyester Resin Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Unsaturated Polyester Resin Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
9.5 Asia Unsaturated Polyester Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Unsaturated Polyester Resin Market, Revenues & Volume, By End Use, 2021 - 2031 |
10 Africa Unsaturated Polyester Resin Market, Overview & Analysis |
10.1 Africa Unsaturated Polyester Resin Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Unsaturated Polyester Resin Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Unsaturated Polyester Resin Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Unsaturated Polyester Resin Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
10.5 Africa Unsaturated Polyester Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Unsaturated Polyester Resin Market, Revenues & Volume, By End Use, 2021 - 2031 |
11 Europe Unsaturated Polyester Resin Market, Overview & Analysis |
11.1 Europe Unsaturated Polyester Resin Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Unsaturated Polyester Resin Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Unsaturated Polyester Resin Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Unsaturated Polyester Resin Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
11.5 Europe Unsaturated Polyester Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Unsaturated Polyester Resin Market, Revenues & Volume, By End Use, 2021 - 2031 |
12 Middle East Unsaturated Polyester Resin Market, Overview & Analysis |
12.1 Middle East Unsaturated Polyester Resin Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Unsaturated Polyester Resin Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Unsaturated Polyester Resin Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Unsaturated Polyester Resin Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Unsaturated Polyester Resin Market, Revenues & Volume, By Raw Material, 2021 - 2031 |
12.5 Middle East Unsaturated Polyester Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Unsaturated Polyester Resin Market, Revenues & Volume, By End Use, 2021 - 2031 |
13 Global Unsaturated Polyester Resin Market Key Performance Indicators |
14 Global Unsaturated Polyester Resin Market - Export/Import By Countries Assessment |
15 Global Unsaturated Polyester Resin Market - Opportunity Assessment |
15.1 Global Unsaturated Polyester Resin Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Unsaturated Polyester Resin Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Unsaturated Polyester Resin Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
15.4 Global Unsaturated Polyester Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Unsaturated Polyester Resin Market Opportunity Assessment, By End Use, 2021 & 2031F |
16 Global Unsaturated Polyester Resin Market - Competitive Landscape |
16.1 Global Unsaturated Polyester Resin Market Revenue Share, By Companies, 2024 |
16.2 Global Unsaturated Polyester Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |