Global Unsaturated Polyester Resins (UPR) Market Size Was Valued at USD 11.62 Billion In 2022 And Is Projected to Reach USD 16.78 Billion By 2030, Growing at A CAGR of 4.7% From 2023 To 2030.
Unsaturated Polyester Resins (UPR) are synthetic resins formed by the condensation polymerization of polyhydric alcohols and dibasic acids. These resins are characterized by the presence of unsaturated carbon-carbon double bonds, which enable them to undergo cross-linking reactions with styrene or other vinyl monomers. This property makes UPRs highly versatile and widely used in various industries.
Key Prominent Players In The Unsaturated Polyester Resins Market:
- BASF SE (Germany)
- Scott Bader Company Ltd. (UK)
- Royal DSM NV (The Netherlands)
- Polynt-Reichhold Group (US)
- UPC Technology Corp. (Taiwan)
- INEOS Group (UK)
- Reichhold LLC (US)
- AOC LLC (US)
- Ashland Inc. (the US)
- Nuplex Industries Ltd. (Australia)
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Global Unsaturated Polyester Resins Market Segmentation:
By Type
- Orthophthalic Resins
- Isophthalic Resins
- Dicyclopentadiene (DCPD)
- Others
By End Users
- Building & Construction
- Marine
- Land Transportation
- Pipes & Tanks
- Artificial Stone
- Others
Geographic Segment Covered in the Report:
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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This study conducts a SWOT analysis to evaluate the strengths and weaknesses of key players in the Unsaturated Polyester Resins market. Additionally, the report performs a complex inspection of drivers and restraints operating in the market. The report also evaluates the observed trends in the parent market along with macroeconomic indicators, dominant factors and market attractiveness in relation to other segments. The report forecasts the impact of various industry aspects on the Unsaturated Polyester Resins market segments and regions.
Market Dynamics And Factors For The Unsaturated Polyester Resins (UPR) Market
Construction and Infrastructure: The burgeoning construction industry, especially in developing economies, is a major consumer of UPRs for applications like roofing, insulation, and pipes.
Transportation: The automotive and marine sectors utilize UPRs extensively for body panels, boats, and other components due to their lightweight and durable properties.
Wind Energy: The growing renewable energy sector, particularly wind energy, employs UPRs for blade production.
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