| Product Code: ETC13226612 | 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 12.3 Billion in 2024 and is expected to reach USD 18.4 Billion by 2031, growing at a compound annual growth rate of 9.37% during the forecast period (2025-2031).
The Global Unsaturated Polyester Resins Market is experiencing steady growth driven by factors such as increasing demand from end-use industries like construction, automotive, and marine. Unsaturated polyester resins are widely used due to their high strength, corrosion resistance, and flexibility, making them suitable for various applications including fiberglass reinforced plastics, composites, and coatings. The market is also influenced by the growing trend towards sustainable and eco-friendly materials, leading to the development of bio-based unsaturated polyester resins. Asia Pacific region dominates the market due to rapid industrialization and infrastructure development, while North America and Europe also hold significant market shares. Key players in the global unsaturated polyester resins market include Ashland, BASF SE, Polynt-Reichhold Group, and Scott Bader Company Ltd.
The Global Unsaturated Polyester Resins Market is experiencing growth due to the rising demand for lightweight and durable materials in various industries such as construction, automotive, and electronics. The market is witnessing a shift towards bio-based unsaturated polyester resins as companies focus on sustainability and environmental concerns. Additionally, technological advancements in resin formulations are driving innovation, leading to the development of high-performance resins with better mechanical properties and enhanced chemical resistance. Opportunities lie in the increasing use of unsaturated polyester resins in wind energy applications, as well as the growing demand for corrosion-resistant materials in infrastructure projects. Market players are expected to invest in research and development to capitalize on these trends and expand their product offerings to meet the evolving needs of end-users.
The Global Unsaturated Polyester Resins Market faces several challenges, including intense competition among key players leading to price wars that can impact profit margins. Additionally, fluctuating raw material prices, particularly for petrochemical derivatives, can disrupt the supply chain and affect overall product costs. Environmental regulations and increasing consumer demand for sustainable and eco-friendly products also pose challenges for this market segment, requiring companies to invest in research and development to create more environmentally friendly resin formulations. Moreover, the market is sensitive to economic downturns and global trade tensions, which can impact demand and hinder market growth. Overall, navigating these challenges requires strategic planning, innovation, and adaptability to stay competitive in the Global Unsaturated Polyester Resins Market.
The Global Unsaturated Polyester Resins Market is primarily driven by increasing demand from end-use industries such as construction, automotive, and marine due to their excellent mechanical properties, corrosion resistance, and versatility. Additionally, the growing trend towards sustainable and eco-friendly products has boosted the market, as unsaturated polyester resins are considered more environmentally friendly compared to traditional alternatives. Innovations in product formulations and manufacturing processes to enhance performance characteristics and reduce production costs are also driving market growth. Furthermore, the expanding construction and infrastructure development activities in emerging economies, coupled with the rising demand for lightweight materials in the automotive sector, are key factors fueling the market for unsaturated polyester resins.
Government policies related to the Global Unsaturated Polyester Resins Market primarily focus on environmental regulations and sustainability initiatives. Many countries have implemented strict guidelines to reduce the emission of volatile organic compounds (VOCs) in the manufacturing process of unsaturated polyester resins, promoting the adoption of eco-friendly alternatives. Additionally, there is a growing emphasis on recycling and waste management practices to minimize the environmental impact of resin production and disposal. Governments also encourage research and development in green chemistry to develop innovative, sustainable resins. Overall, the regulatory landscape in the unsaturated polyester resins market is increasingly geared towards promoting sustainability, reducing carbon footprint, and ensuring compliance with environmental standards.
The Global Unsaturated Polyester Resins Market is expected to witness steady growth in the coming years due to increasing demand from various end-use industries such as automotive, construction, and marine. Factors driving this growth include the rising use of unsaturated polyester resins in the production of lightweight and durable materials, as well as the growing focus on sustainable and eco-friendly products. Additionally, technological advancements leading to the development of innovative products with enhanced properties are likely to further propel market growth. However, challenges such as volatile raw material prices and environmental regulations may impact market growth to some extent. Overall, the Global Unsaturated Polyester Resins Market is anticipated to expand at a moderate rate, driven by increasing applications across diverse industries and ongoing product innovations.
In the global unsaturated polyester resins market, Asia is expected to dominate due to the rapid industrialization and infrastructure development in countries like China and India. North America is a key market driven by the strong presence of automotive and construction industries. Europe is witnessing steady growth supported by the increasing demand for sustainable and lightweight materials. The Middle East and Africa region is experiencing growth due to the expanding construction and marine industries. Latin America is also showing promising growth prospects as industries such as automotive, construction, and marine continue to expand. Overall, the global unsaturated polyester resins market is witnessing growth across all regions driven by the increasing demand for lightweight, durable, and cost-effective materials in various industries.
Global Unsaturated Polyester Resins (UPR) 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 (UPR) Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Unsaturated Polyester Resins (UPR) Market Revenues & Volume, 2021 & 2031F |
3.3 Global Unsaturated Polyester Resins (UPR) Market - Industry Life Cycle |
3.4 Global Unsaturated Polyester Resins (UPR) Market - Porter's Five Forces |
3.5 Global Unsaturated Polyester Resins (UPR) Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Unsaturated Polyester Resins (UPR) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Unsaturated Polyester Resins (UPR) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Unsaturated Polyester Resins (UPR) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Unsaturated Polyester Resins (UPR) Market Trends |
6 Global Unsaturated Polyester Resins (UPR) Market, 2021 - 2031 |
6.1 Global Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Fiber Reinforce Plastic (FRP), 2021 - 2031 |
6.1.3 Global Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Unsaturated Polyester Resin For Non-FRP, 2021 - 2031 |
6.2 Global Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Construction Industry, 2021 - 2031 |
6.2.3 Global Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Automotive Industry, 2021 - 2031 |
6.2.4 Global Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Shipbuilding Industry, 2021 - 2031 |
6.2.5 Global Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Other, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Unsaturated Polyester Resins (UPR) Market, Overview & Analysis |
7.1 North America Unsaturated Polyester Resins (UPR) Market Revenues & Volume, 2021 - 2031 |
7.2 North America Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Unsaturated Polyester Resins (UPR) Market, Overview & Analysis |
8.1 Latin America (LATAM) Unsaturated Polyester Resins (UPR) Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Unsaturated Polyester Resins (UPR) Market, Overview & Analysis |
9.1 Asia Unsaturated Polyester Resins (UPR) Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Unsaturated Polyester Resins (UPR) Market, Overview & Analysis |
10.1 Africa Unsaturated Polyester Resins (UPR) Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Unsaturated Polyester Resins (UPR) Market, Overview & Analysis |
11.1 Europe Unsaturated Polyester Resins (UPR) Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Unsaturated Polyester Resins (UPR) Market, Overview & Analysis |
12.1 Middle East Unsaturated Polyester Resins (UPR) Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Unsaturated Polyester Resins (UPR) Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Unsaturated Polyester Resins (UPR) Market Key Performance Indicators |
14 Global Unsaturated Polyester Resins (UPR) Market - Export/Import By Countries Assessment |
15 Global Unsaturated Polyester Resins (UPR) Market - Opportunity Assessment |
15.1 Global Unsaturated Polyester Resins (UPR) Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Unsaturated Polyester Resins (UPR) Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Unsaturated Polyester Resins (UPR) Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Unsaturated Polyester Resins (UPR) Market - Competitive Landscape |
16.1 Global Unsaturated Polyester Resins (UPR) Market Revenue Share, By Companies, 2024 |
16.2 Global Unsaturated Polyester Resins (UPR) Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |