| Product Code: ETC7556061 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s unsaturated polyester resins (UPR) import market in 2024 saw significant contributions from top exporting countries including China, Malaysia, Taiwan, Germany, and Thailand. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 16.69%. The market concentration, as indicated by the Herfindahl-Hirschman Index (HHI), remained at a very high level in 2024, reflecting the dominance of key players in the industry. These trends suggest a dynamic and competitive landscape for UPR imports in India.

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 India Unsaturated Polyester Resins (UPR) Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Unsaturated Polyester Resins (UPR) Market Revenues & Volume, 2021 & 2031F |
3.3 India Unsaturated Polyester Resins (UPR) Market - Industry Life Cycle |
3.4 India Unsaturated Polyester Resins (UPR) Market - Porter's Five Forces |
3.5 India Unsaturated Polyester Resins (UPR) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Unsaturated Polyester Resins (UPR) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Unsaturated Polyester Resins (UPR) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-performance materials in various industries such as construction, automotive, and marine |
4.2.2 Growing construction activities and infrastructure development in India |
4.2.3 Rising emphasis on sustainable and eco-friendly products in the market |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from alternative materials such as epoxy resins and vinyl ester resins |
4.3.3 Stringent environmental regulations regarding emissions and waste disposal |
5 India Unsaturated Polyester Resins (UPR) Market Trends |
6 India Unsaturated Polyester Resins (UPR) Market, By Types |
6.1 India Unsaturated Polyester Resins (UPR) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Unsaturated Polyester Resins (UPR) Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Unsaturated Polyester Resins (UPR) Market Revenues & Volume, By Fiber Reinforce Plastic (FRP), 2021- 2031F |
6.1.4 India Unsaturated Polyester Resins (UPR) Market Revenues & Volume, By Unsaturated Polyester Resin For Non-FRP, 2021- 2031F |
6.2 India Unsaturated Polyester Resins (UPR) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Unsaturated Polyester Resins (UPR) Market Revenues & Volume, By Construction Industry, 2021- 2031F |
6.2.3 India Unsaturated Polyester Resins (UPR) Market Revenues & Volume, By Automotive Industry, 2021- 2031F |
6.2.4 India Unsaturated Polyester Resins (UPR) Market Revenues & Volume, By Shipbuilding Industry, 2021- 2031F |
6.2.5 India Unsaturated Polyester Resins (UPR) Market Revenues & Volume, By Other, 2021- 2031F |
7 India Unsaturated Polyester Resins (UPR) Market Import-Export Trade Statistics |
7.1 India Unsaturated Polyester Resins (UPR) Market Export to Major Countries |
7.2 India Unsaturated Polyester Resins (UPR) Market Imports from Major Countries |
8 India Unsaturated Polyester Resins (UPR) Market Key Performance Indicators |
8.1 Research and Development Investment in new UPR technologies |
8.2 Environmental Impact Assessment of UPR production processes |
8.3 Adoption rate of UPR in key industries such as construction and automotive |
8.4 Percentage of UPR market share in specific applications (e.g., pipes, tanks) |
9 India Unsaturated Polyester Resins (UPR) Market - Opportunity Assessment |
9.1 India Unsaturated Polyester Resins (UPR) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Unsaturated Polyester Resins (UPR) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Unsaturated Polyester Resins (UPR) Market - Competitive Landscape |
10.1 India Unsaturated Polyester Resins (UPR) Market Revenue Share, By Companies, 2024 |
10.2 India Unsaturated Polyester Resins (UPR) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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