Market Overview:

Global unsaturated polyester resins (upr) Market Was Valued at USD 11.10 Billion in 2021 and is Expected to Reach USD 15.31 Billion by the Year 2028, at A CAGR of 4.7%.

A polyester resin is a polymer formed through the polycondensation reaction of specific polyalcohols and polyacids. Unsaturated Polyester Resins (UPR) is a form of polyester resin that can take the shape of a mold after being restored. Unsaturated Polyester Resin has greater durability and strength. Unsaturated polyester resins include orthophthalic resin, dicyclopentadiene (DCPD) resin, and isophthalic resin. Unsaturated Polyester Resins are used in a variety of industries due to their greater benefits and superior characteristics. Unsaturated polyester resin (UPR) is a thermoset molding resin used to manufacture glass fiber-reinforced polymers (FRP).

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Top Key Players for Unsaturated Polyester Resins (UPR) 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)
• U-PiCA Company Ltd (Japan), and Other Major Players

Market Dynamics and Factors:

The growing demand for the product from the building and construction industries is a major factor driving the growth of the unsaturated polyester resins market. They are widely used in applications requiring resilience and flexibility, such as glass, concrete, roofing, and artificial marble. Unsaturated polyester resins also provide major features to buildings such as impact resistance, load-bearing, sealing, weight reduction, space-saving, low maintenance, and lifespan. Rising demand for composite materials across many industrial industries is expected to accelerate the expansion of the market for unsaturated polyester resins. Composite materials are used in the marine sector to build yachts and ships.

The current market opportunities are expected to be brought by strong expansion in end-user sectors such as marine, automotive, consumer goods, aerospace, and building & construction across growing countries. Furthermore, being the largest industry for unsaturated polyester resins, developing countries are investing in infrastructure development and long-term construction projects. India, China, Brazil, and the economies of the Middle East are likely to boost their infrastructure spending. The expected overall growth rate of APAC in the infrastructure area is 11.2%, with India, Australia, South Korea, Japan, and China contributing 80%.

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• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis

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Key Industry Development:

In June 2023, Avient Corporation and BASF collaborated to offer colored grades of Ultrason® high-performance polymers to the global market. The colored grades showcased BASF's Ultrason® polyarylethersulfones (PAES) as a high-quality base polymer, combined with Avient's Colorant ChromaticsTM expertise in high-temperature color formulations for color concentrates and pre-colored solutions. The collaboration aimed to provide customers in industries such as household and catering, electrical & electronics (E&E), and healthcare with a unique advantage by offering comprehensive technical support from the base polymer to the final-colored product.

In February, Scott Bader France announced a new partnership with SAFIC-ALCAN SAS for the distribution of Texipol rheology modifiers and Texicryl acrylic dispersions throughout France. The partnership became effective immediately upon its announcement. SAFIC-ALCAN will be responsible for distributing Scott Bader's acrylic polymers and inverse emulsions, catering to various industrial formulations including paints, coatings, inks, adhesives, construction, and more, with the exception of textiles.

Unsaturated Polyester Resins (UPR) Market Report Highlight:

• By Type, the Orthophthalic resin segment is anticipated to record the highest unsaturated polyester resins market share during the forecast period. Because it is known as basic resin and is utilized as a general-purpose resin, orthophthalic resin is the most commonly used unsaturated polyester resin.
• By End Users, the Pipes & Tanks resin segment is anticipated to record the highest unsaturated polyester resins market share during the forecast period. Unsaturated polyester resins are widely used in the production of pipes and tanks due to their excellent chemical resistance properties.
• The Asia Pacific region is expected to dominate the unsaturated polyester resins market over the forecast period. The rise of main end-use sectors such as construction, transportation, electronics, and marine is driving the market. The automotive industry's strong production base in China, Japan, and India, together with growing passenger vehicle sales, is likely to boost the market for unsaturated polyester resins in the near future.

Central to our report are the company profiles and competitive analysis, providing insights into market players' overview, market role, and operating business segments. We evaluate their financial performance, production volume, sales volume, and sales margin, while highlighting recent market developments. Our market research offers invaluable intelligence and strategic insights to drive informed decision-making. By capitalizing on emerging opportunities and understanding the competitive landscape, our report empowers businesses to thrive in the Global Unsaturated Polyester Resins (UPR) Market.

Unsaturated Polyester Resins (UPR) Market Segmentation:

By Type

• Orthophthalic Resins
• Isophthalic Resins
• Dicyclopentadiene (DCPD)
• Others

By End Users

• Building & Construction
• Marine
• Land Transportation
• Pipes & Tanks
• Artificial Stone
• Others

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For this report, Introspective Market Research has segmented the Unsaturated Polyester Resins (UPR) Market based on region:

Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)

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

Scope of the Report:

The latest research on the Unsaturated Polyester Resins (UPR) market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Unsaturated Polyester Resins (UPR) industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Unsaturated Polyester Resins (UPR) market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

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