Global unsaturated polyester resins market is estimated to be valued at USD 14.02 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031. Unsaturated polyester resins (UPRs) are a type of thermosetting resin formed by the reaction of an unsaturated polyester resin with a cross-linking monomer usually styrene. UPRs are ideal for rapid prototyping due to fast curing times and low cost. These offer good strength, stiffness and durability properties, thus, making them useful for various industrial applications such as pipes, bathtubs, boat hulls and automobile parts. UPRs are replacing traditional materials like wood, metal and concrete in many uses due to advantages such as corrosion resistance, design flexibility and lower costs of production.

Market Dynamics:

Global unsaturated polyester resins market growth is driven by robust growth of industries, where UPRs are predominantly used, such as construction and transportation. Rising population and increased construction activities especially in developing countries can boost need for better infrastructure and housing, which boosts demand of unsaturated polyester resins. Cost effectiveness compared to alternatives and easy moldability of UPRs facilitate their use in varied applications. However, strict environmental regulations around VOC emissions during manufacturing can hamper the market growth. Substitution threat from epoxy resins that offer higher heat and chemical resistance can also hamper the market growth. Development of bio-based unsaturated polyester resins using renewable resources can present new opportunities in the near future.

 Key Features of the Study:

• This report provides in-depth analysis of the global unsaturated polyester resins market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global unsaturated polyester resins market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Orson Resins and Coatings Private Limited (ORCPL), Ruia Chemicals, AOC, LLC, INEOS, BASF SE, Polynt, LERG SA, Koninklijke DSM N.V., U-PICA Company. Ltd., Eternal Materials Co., Ltd., Satyen Polymers Pvt. Ltd., CIECH Group, Dow Inc., UPC Group, Scott Bader Company Ltd., Deltech Corporation, Tianhe Resin Co., Ltd., Qualipoly Chemical Corp.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global unsaturated polyester resins market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global unsaturated polyester resins market

Detailed Segmentation-

• By Product Type:
• • Orthophthalic resin
  • Isophthalic resin
  • Dicyclopentadiene (DCPD)
  • Others (Gelcoat resin, Terephthalic resin, & Chlorendic resin)
• By Price Range:
• • Building & Construction
  • Tanks & Pipes
  • Electrical
  • Marine
  • Transport
  • Artificial Stones
  • Others
• By Region:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
• • Orson Resins and Coatings Private Limited (ORCPL)
  • Ruia Chemicals
  • AOC, LLC
  • INEOS
  • BASF SE
  • Polynt
  • LERG SA
  • Koninklijke DSM N.V.
  • U-PICA Company. Ltd.
  • Eternal Materials Co., Ltd.
  • Satyen Polymers Pvt. Ltd.
  • CIECH Group
  • Dow Inc.
  • UPC Group
  • Scott Bader Company Ltd.
  • Deltech Corporation
  • Tianhe Resin Co., Ltd.
  • Qualipoly Chemical Corp.