Lucintel Forecasts Unsaturated Polyester Resin Market to Reach $12.6 Billion by 2026

Market-Research

According to the recent study the unsaturated polyester resin market is projected to reach an estimated $12.6 billion by 2026, at a CAGR of 4.3% from 2021 to 2026. Growth in this market is primarily driven by rise in demand for products made of polyester composites; these include bathtubs, pipes, tanks, panels, door, window, and automotive parts.

Browse 75 figures / charts and 60 tables in this 152 -page report to understand trends, opportunities and forecast in unsaturated polyester resin market by end use industry (transportation, wind energy, construction, marine, pipe and tank, aerospace, electricals and electronics, consumer goods, others, non-FRP, gelcoat), and by region (North America, Europe, Asia Pacific, and Rest of the World).

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“Construction market is expected to remain the largest segment during the forecast period.”  

Based on end use industry, the unsaturated polyester resin market is segmented into transportation, wind energy, construction, marine, pipe and tank, aerospace, electricals and electronics, consumer goods, others, non-FRP, gelcoat. Lucintel forecasts that the construction market is expected to remain the largest segment due to increasing residential and commercial construction and growth in remolding activities and aerospace is expected to witness highest growth over the forecast period due to the growing usages of lightweight and high performance materials.  

“Asia Pacific (APAC) will dominate the unsaturated polyester resin market in near future”

Asia Pacific (APAC) is expected to be the largest region and it is also expected to witness highest growth over the forecast period due to rapid industrialization, increasing urbanization, and growing per capita income in the emerging countries is giving rise to residential and commercial construction and growing investment in water and waste water infrastructure.

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Major players of unsaturated polyester resin market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Polynt-Reichhold, AOC, INEOS, Xinyang Technology Group, and Tianhe Resin Company Ltd are among the major unsaturated polyester resin providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/unsaturated-polyester-resin-market.aspx  or helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
 

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