| Product Code: ETC13403322 | 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 Resins Market was valued at USD 12.1 Billion in 2024 and is expected to reach USD 16.8 Billion by 2031, growing at a compound annual growth rate of 16.30% during the forecast period (2025-2031).
The global unsaturated polyester resins market is experiencing steady growth, driven by 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 line with growing environmental concerns. Key factors contributing to market growth include the rising construction activities in emerging economies, the increasing use of composites in automotive lightweighting, and the expanding wind energy sector. The market is also benefiting from technological advancements, such as the development of bio-based unsaturated polyester resins. However, challenges such as volatile raw material prices and stringent regulations regarding styrene emissions may hinder the market growth. Overall, the global unsaturated polyester resins market is poised for significant expansion in the coming years, driven by innovation and increasing applications across various industries.
The Global Unsaturated Polyester Resins Market is experiencing significant growth driven by the increasing demand for lightweight materials in various industries such as construction, automotive, and marine. The market is witnessing a shift towards eco-friendly and sustainable resins to meet regulatory requirements and consumer preferences. Technological advancements in resin formulation and production processes are also contributing to market growth. Opportunities lie in the development of bio-based unsaturated polyester resins to cater to the growing trend towards environmental sustainability. Additionally, the rising focus on composites as a substitute for traditional materials in various applications presents a promising outlook for market expansion. Collaborations and strategic partnerships among key players to enhance product offerings and expand market presence are key strategies being adopted in this competitive market landscape.
The Global Unsaturated Polyester Resins Market faces several challenges, including fluctuating raw material prices, stringent environmental regulations, and increasing competition from alternative materials. The volatility in raw material prices, particularly for key inputs like styrene and glycols, can impact the overall production costs and profit margins for manufacturers. Additionally, the industry is under increasing pressure to comply with strict environmental regulations related to emissions and waste disposal, which can add complexity and costs to production processes. Furthermore, the market is seeing growing competition from alternative materials such as epoxy resins and vinyl ester resins, which offer similar performance characteristics and are increasingly being preferred by end-users in certain applications. Overall, addressing these challenges will be crucial for players in the Global Unsaturated Polyester Resins Market to maintain competitiveness and sustain growth.
The Global Unsaturated Polyester Resins Market is primarily driven by the increasing demand for lightweight and durable materials in various end-use industries such as automotive, construction, and marine. The growth in construction activities, especially in emerging economies, is fueling the demand for unsaturated polyester resins for applications such as composites, coatings, and laminates. Additionally, the rising awareness about eco-friendly and sustainable products is driving the adoption of unsaturated polyester resins as they are recyclable and offer lower VOC emissions compared to traditional materials. Technological advancements, such as the development of bio-based unsaturated polyester resins, are also contributing to market growth due to their environmental benefits. Overall, the market is expected to continue expanding due to the versatility and performance benefits offered by unsaturated polyester resins across a wide range of applications.
Government policies related to the Global Unsaturated Polyester Resins Market focus on promoting sustainable practices, reducing environmental impact, and ensuring product safety. Regulatory bodies such as the Environmental Protection Agency (EPA) in the United States and the European Chemicals Agency (ECHA) in the European Union enforce strict guidelines on the use of chemicals in resin production, aiming to minimize emissions and hazardous waste. Additionally, initiatives like the REACH regulation in the EU require companies to register and assess the risks of chemicals used in their products. These policies drive innovation in resin manufacturing towards more eco-friendly alternatives, fostering market growth while safeguarding public health and the environment. Compliance with these regulations is crucial for businesses operating in the global unsaturated polyester resins market to maintain a competitive edge and meet the evolving demands of consumers and regulators alike.
The Global Unsaturated Polyester Resins Market is expected to witness steady growth in the coming years, driven by the increasing demand for lightweight and durable materials in various end-use industries such as construction, automotive, and marine. The market is anticipated to benefit from technological advancements leading to the development of high-performance resins with enhanced properties such as corrosion resistance, fire retardancy, and UV stability. Additionally, the growing focus on sustainability and environmental regulations promoting the use of eco-friendly materials is likely to propel the market further. However, challenges such as volatile raw material prices and competition from alternative materials may hinder the market`s growth to some extent. Overall, the Global Unsaturated Polyester Resins Market is poised for expansion, supported by innovation and evolving market dynamics.
In the Global Unsaturated Polyester Resins Market, Asia is expected to witness significant growth due to increasing industrialization and construction activities in countries like China and India. North America is likely to experience steady growth driven by the automotive and construction sectors. Europe is anticipated to show moderate growth with the rising demand for sustainable and eco-friendly products. In the Middle East and Africa region, growth is projected to be driven by the construction industry and infrastructure development projects. Latin America is expected to witness steady growth supported by the automotive and marine industries. Overall, the market is forecasted to experience varying growth rates across different regions, with Asia leading in terms of growth potential.
Global Unsaturated Polyester Resins 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 Resins Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Unsaturated Polyester Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Global Unsaturated Polyester Resins Market - Industry Life Cycle |
3.4 Global Unsaturated Polyester Resins Market - Porter's Five Forces |
3.5 Global Unsaturated Polyester Resins Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Unsaturated Polyester Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Unsaturated Polyester Resins Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Global Unsaturated Polyester Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Unsaturated Polyester Resins Market Trends |
6 Global Unsaturated Polyester Resins Market, 2021 - 2031 |
6.1 Global Unsaturated Polyester Resins Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Unsaturated Polyester Resins Market, Revenues & Volume, By Ortho phthalic, 2021 - 2031 |
6.1.3 Global Unsaturated Polyester Resins Market, Revenues & Volume, By Isophthalic & DCPD, 2021 - 2031 |
6.2 Global Unsaturated Polyester Resins Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Unsaturated Polyester Resins Market, Revenues & Volume, By Building & Construction, 2021 - 2031 |
6.2.3 Global Unsaturated Polyester Resins Market, Revenues & Volume, By Marine, 2021 - 2031 |
6.2.4 Global Unsaturated Polyester Resins Market, Revenues & Volume, By Transportation, 2021 - 2031 |
6.2.5 Global Unsaturated Polyester Resins Market, Revenues & Volume, By Pipes & Tanks, 2021 - 2031 |
6.2.6 Global Unsaturated Polyester Resins Market, Revenues & Volume, By Artificial Stone, 2021 - 2031 |
6.2.7 Global Unsaturated Polyester Resins Market, Revenues & Volume, By Wind Energy, 2021 - 2031 |
6.2.8 Global Unsaturated Polyester Resins Market, Revenues & Volume, By Electrical & Electronics, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Unsaturated Polyester Resins Market, Overview & Analysis |
7.1 North America Unsaturated Polyester Resins Market Revenues & Volume, 2021 - 2031 |
7.2 North America Unsaturated Polyester Resins Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Unsaturated Polyester Resins Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Unsaturated Polyester Resins Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
8 Latin America (LATAM) Unsaturated Polyester Resins Market, Overview & Analysis |
8.1 Latin America (LATAM) Unsaturated Polyester Resins Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Unsaturated Polyester Resins Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Unsaturated Polyester Resins Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Unsaturated Polyester Resins Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
9 Asia Unsaturated Polyester Resins Market, Overview & Analysis |
9.1 Asia Unsaturated Polyester Resins Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Unsaturated Polyester Resins Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Unsaturated Polyester Resins Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Unsaturated Polyester Resins Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
10 Africa Unsaturated Polyester Resins Market, Overview & Analysis |
10.1 Africa Unsaturated Polyester Resins Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Unsaturated Polyester Resins Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Unsaturated Polyester Resins Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Unsaturated Polyester Resins Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
11 Europe Unsaturated Polyester Resins Market, Overview & Analysis |
11.1 Europe Unsaturated Polyester Resins Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Unsaturated Polyester Resins Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Unsaturated Polyester Resins Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Unsaturated Polyester Resins Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
12 Middle East Unsaturated Polyester Resins Market, Overview & Analysis |
12.1 Middle East Unsaturated Polyester Resins Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Unsaturated Polyester Resins Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Unsaturated Polyester Resins Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Unsaturated Polyester Resins Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Unsaturated Polyester Resins Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
13 Global Unsaturated Polyester Resins Market Key Performance Indicators |
14 Global Unsaturated Polyester Resins Market - Export/Import By Countries Assessment |
15 Global Unsaturated Polyester Resins Market - Opportunity Assessment |
15.1 Global Unsaturated Polyester Resins Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Unsaturated Polyester Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Unsaturated Polyester Resins Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
16 Global Unsaturated Polyester Resins Market - Competitive Landscape |
16.1 Global Unsaturated Polyester Resins Market Revenue Share, By Companies, 2024 |
16.2 Global Unsaturated Polyester Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |