| Product Code: ETC5721951 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Hong Kong unsaturated polyester resins import market continues to be dominated by key exporters such as Japan, Taiwan, China, USA, and Malaysia. The market concentration, as measured by the HHI, has significantly increased from high to very high in 2024, indicating a more consolidated market landscape. Despite a negative CAGR from 2020 to 2024, there was a notable growth rate of 17.62% from 2023 to 2024, suggesting a potential turnaround in the market dynamics. The competitive environment in the Hong Kong unsaturated polyester resins import sector is evolving, with key players vying for market share.

The unsaturated polyester resin market in Hong Kong is witnessing a surge in demand due to its versatile applications in the automotive, construction, and marine industries. Unsaturated polyester resins are favored for their excellent mechanical properties, chemical resistance, and ease of processing. The market is supported by the growing trend toward lightweight materials and environmentally friendly products. As industries focus on sustainability and performance enhancement, the unsaturated polyester resin market is expected to experience significant growth.
The Unsaturated Polyester Resin (UPR) market in Hong Kong is driven by the increasing demand from the automotive, construction, and marine industries. UPRs are valued for their excellent mechanical properties, resistance to corrosion, and versatility, making them ideal for various applications such as coatings, composites, and adhesives. The growth of the construction sector, particularly in infrastructure development, contributes to the rising consumption of UPRs in applications like fiberglass-reinforced materials. Furthermore, the push towards lightweight materials in the automotive industry to enhance fuel efficiency is fueling the adoption of unsaturated polyester resins in manufacturing processes.
The Unsaturated Polyester Resin (UPR) market is faced with challenges primarily related to market saturation and competition from alternative materials. As the demand for composite materials continues to rise, manufacturers must differentiate their products to maintain competitive advantage. Additionally, fluctuations in the prices of raw materials, such as styrene and phthalic anhydride, can impact production costs and pricing strategies. Environmental concerns regarding the sustainability and safety of UPRs have also increased pressure on manufacturers to develop greener alternatives, necessitating significant investment in research and development. Finally, regulatory compliance concerning hazardous substances can add complexity to the production process, further straining the market.
The Unsaturated Polyester Resin (UPR) market in Hong Kong is impacted by government policies that promote the use of sustainable materials in manufacturing. Environmental regulations aimed at reducing pollution and waste influence the production and use of UPRs in industries such as construction, automotive, and marine. The government`s initiatives to encourage green technology and materials recycling drive demand for eco-friendly UPR products. Moreover, support for research and development in the resin industry helps companies innovate and meet the evolving market demands while adhering to environmental standards.
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 Hong Kong Unsaturated Polyester Resins Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Unsaturated Polyester Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Unsaturated Polyester Resins Market - Industry Life Cycle |
3.4 Hong Kong Unsaturated Polyester Resins Market - Porter's Five Forces |
3.5 Hong Kong Unsaturated Polyester Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hong Kong Unsaturated Polyester Resins Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Hong Kong Unsaturated Polyester Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction activities in Hong Kong leading to increased demand for unsaturated polyester resins. |
4.2.2 Increasing adoption of unsaturated polyester resins in marine and automotive industries. |
4.2.3 Focus on sustainable and eco-friendly materials driving the demand for bio-based unsaturated polyester resins. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production cost of unsaturated polyester resins. |
4.3.2 Stringent environmental regulations and policies affecting the production and usage of unsaturated polyester resins. |
5 Hong Kong Unsaturated Polyester Resins Market Trends |
6 Hong Kong Unsaturated Polyester Resins Market Segmentations |
6.1 Hong Kong Unsaturated Polyester Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Unsaturated Polyester Resins Market Revenues & Volume, By Ortho phthalic, 2021-2031F |
6.1.3 Hong Kong Unsaturated Polyester Resins Market Revenues & Volume, By Isophthalic & DCPD, 2021-2031F |
6.2 Hong Kong Unsaturated Polyester Resins Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Unsaturated Polyester Resins Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 Hong Kong Unsaturated Polyester Resins Market Revenues & Volume, By Marine, 2021-2031F |
6.2.4 Hong Kong Unsaturated Polyester Resins Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.5 Hong Kong Unsaturated Polyester Resins Market Revenues & Volume, By Pipes & Tanks, 2021-2031F |
6.2.6 Hong Kong Unsaturated Polyester Resins Market Revenues & Volume, By Artificial Stone, 2021-2031F |
6.2.7 Hong Kong Unsaturated Polyester Resins Market Revenues & Volume, By Wind Energy, 2021-2031F |
7 Hong Kong Unsaturated Polyester Resins Market Import-Export Trade Statistics |
7.1 Hong Kong Unsaturated Polyester Resins Market Export to Major Countries |
7.2 Hong Kong Unsaturated Polyester Resins Market Imports from Major Countries |
8 Hong Kong Unsaturated Polyester Resins Market Key Performance Indicators |
8.1 Research and development investment in new formulations of unsaturated polyester resins. |
8.2 Adoption rate of bio-based unsaturated polyester resins in the market. |
8.3 Number of collaborations and partnerships with key industries for product development and market expansion. |
8.4 Recycling rate of unsaturated polyester resins in Hong Kong. |
9 Hong Kong Unsaturated Polyester Resins Market - Opportunity Assessment |
9.1 Hong Kong Unsaturated Polyester Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hong Kong Unsaturated Polyester Resins Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Hong Kong Unsaturated Polyester Resins Market - Competitive Landscape |
10.1 Hong Kong Unsaturated Polyester Resins Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Unsaturated Polyester Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |