Unsaturated Polyester Resin Market by Type, End-User Industry Unsaturated Polyester Resin Market by Type, End-Us
Unsaturated Polyester Resin Market by Type, End-User Industry
The report “Unsaturated Polyester Resin Market by Type, by End-User Industry (Building & Construction,
Marine, Automotive & Transportation, Pipes & Tanks, Electrical & Electronics, Wind Energy, Artificial Stones), by
Region - Global Forecast to 2020”, Published by MarketsandMarkets
Browse 115 tables and 63 figures spread through 201 pages and in-depth TOC on "Unsaturated Polyester Resin
Market "
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Unsaturated Polyester Resins: The global unsaturated polyester resin market was valued at USD 7.17 Billion in
2014, and is expected to reach USD 9.87 Billion by 2020, at a CAGR of 5.59% between 2015 and 2020.
Asia-Pacific – The most dominant region in the unsaturated polyester resin market
The unsaturated polyester resin (UPR) market in the Asia-Pacific region is one of the fastest-growing markets
across the globe, and this trend is expected to continue in the near future as well. Asia-Pacific is leading the global
unsaturated polyester resin market, and has accounted for a share of 49.00% in terms of volume, in 2014. Among
all countries in the Asia-Pacific region, China has contributed the maximum share in the unsaturated polyester
resin market. This growth is mainly attributed to the increasing population, favorable investment policies, as well
as government initiatives that promote industrial growth.
Unsaturated polyester resins (UPR) are known for their commercial usage in fiberglass reinforced plastics (FRP).
These multi-characteristic and ideal resins are utilized in varied industry verticals, such as building & constructions,
marine, wind energy, electrical & electronics, pipes & tanks, and automotive/transportation. Major use of these
resins is for applications and products, such as boat and ship building, manufacturing of wind blades, electrical
windmills, automotive applications, sanitary wares, fiberglass reinforced plastics, and non-reinforced plastics. The
market is experiencing enormous growth that is mainly driven by Asia-Pacific, North America, and RoW regions.
Considerable amount of investments are made by different market players to serve end-user applications of UPR in
the future.
This study estimates the global unsaturated polyester resin market by 2020. This market research study provides
detailed qualitative and quantitative analysis of the global market. The report also provides a comprehensive
review of major market drivers, restraints, opportunities, and challenges. The market is further segmented into
major geographic regions, such as North America, Europe, Asia-Pacific, and rest of the world. Competitive scenario
and market share of top players in the market has been discussed in detail. The top players of the UPR industry are
profiled in detail, along with their recent developments and other strategic industry activities.