The Unsaturated Polyester Resins Global Market Report 2023, provides comprehensive information on the unsaturated polyester resins market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Unsaturated Polyester Resins Global Market Report 2023, the market size is expected to grow from $9.67 billion in 2022 to $10.31 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global unsaturated polyester resins market is expected to grow to $13.28 billion in 2027 at a CAGR of 6.5%.
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Product innovations are the key trends gaining popularity in the unsaturated polyester resins market. Unsaturated polyester resins-based technologies are being used for repairing activities. The end-users are adopting innovations to use better products in their operations. For instance, according to data by the defense research and development organization updated in 2021, a fast setting and high strength polymer concrete composite (PolyCC) technology was developed as the binder resin based on an unsaturated polyester resin system to repair runways. It offers compressive strength by providing three-dimensional cross-linking within two hours. This is an innovative technology that does not require water and is workable in hot as well as sub-zero temperature conditions.
The unsaturated polyester resins market is segmented:
1) By Type: Orthophthalic Resins, Isophthalic Resins, Dicyclopentadiene, Other Types
2) By Form: Liquid Form, Powder Form
3) By End User: Building And Construction, Automotive, Marine, Pipes, Ducts And Tanks, Wind Energy, Electrical And Electronics, Other End-Users
Asia-Pacific was the largest region in the unsaturated polyester resins market in 2022.
The table of contents in TBRC’s unsaturated polyester resins market report includes:
Table Of Contents
- Executive Summary
- Unsaturated Polyester Resins Market Characteristics
- Unsaturated Polyester Resins Market Trends And Strategies
- Unsaturated Polyester Resins – Macro Economic Scenario
- Unsaturated Polyester Resins Market Size And Growth
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- Africa Unsaturated Polyester Resins Market
- Unsaturated Polyester Resins Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Unsaturated Polyester Resins Market
- Unsaturated Polyester Resins Market Future Outlook and Potential Analysis
- Appendix
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