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Global Unsaturated Polyester Resin Market Will Grow At A Steady 5.3% CAGR During The Forecast Period (2022 - 2030)

07-15-2022 06:49 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Booming infrastructure development has generated high demand for unsaturated polyester resins, on the back of the prepolymer's superior corrosion resistance. The global unsaturated polyester resin market will grow at a steady 5.3% CAGR during the forecast period (2019 - 2029). This can be attributed to the versatility of unsaturated polyester resins.

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DCPD-UPR to Account for Maximum Share in Market

Dicyclopentadiene Unsaturated Polyester Resins (DCPD - UPR) account for the largest market value share of more than 35%. Countries are investing in expanding their marine capabilities to support their growing economies. Enhanced thermo-oxidative resistance offered by DCPD - UPR makes it a direct recipient of investments in marine industries

Global Unsaturated Polyester Resin Market: In-Depth Assessment on Key Segments

The global unsaturated polyester resin market is segmented on the basis of product, end-use, and region.

By Product :
DCPD
Orthophthalic
Isophthalic
Others

By End-Use :
Building & Construction
Tanks & Pipes
Electrical
Marine
Transport
Artificial Stones
Others

By Region :
North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa

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East Asia to Maintain Stronghold

East Asia maintains its stronghold with more than 40% share of the total market value. This can be accredited to countries such as Japan and China. China is the largest consumer of unsaturated polyester resins. The country is heavily investing in construction activities.

Key Questions Answered in Report

Which are the most lucrative markets for Unsaturated Polyester Resin?
Which factors will impact the growth of the market?
How will changing trends impact the strategies of market players?
How can market players capture the low-hanging opportunities across regions?
Which companies are leading the Unsaturated Polyester Resin industry?
What are the winning strategies of stakeholders in the market?

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