Market Overview:
The Global Unsaturated Polyester Molding Compounds Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for electrical and automotive components across the globe. In terms of volume, the global market was valued at 2,362 kilo tons in 2017 and is projected to reach 3,236 kilo tons by 2030. Based on type, sheet molding compounds (SMC) accounted for a major share of the global unsaturated polyester molding compounds market in 2017. SMC are widely used in electrical and automotive applications as they offer high strength-to-weight ratio and dimensional stability over a wide temperature range. Bulk molding compounds (BMC) are also witnessing growing demand due to their superior properties such as impact resistance and flame retardancy compared with SMC. In terms of application, electrical components held the dominant share of the global unsaturated polyester molding compounds market in 2017 followed by automotive components. Electrical components are used extensively across various industries such as consumer electronics, telecommunications, industrial controls & automation etc., while automotive parts are used in passenger cars & commercial vehicles segments only . The other applications segment includes medical devices & equipment , furniture , pipes & tanks among others . Asia Pacific accounted for majority share of global unsaturated polyester molded compound consumption in 2017 owing to presence of large number automobile manufacturers coupled with rising disposable income levels .
Product Definition:
Unsaturated Polyester Molding Compounds are compounds used in the manufacture of plastic parts. They are important because they can be molded into a variety of shapes and sizes, and they are durable and strong.
Sheet Molding Compounds:
Sheet molding compounds are a group of thermoplastics that can be extruded and molded into any shape or design. They have superior properties such as high strength, stiffness, temperature resistance and excellent surface finish. Sheet molding compounds are used in various industries including automotive & transportation, consumer goods packaging among others.
Bulk Molding Compounds:
Bulk molding compounds are high performance plastics that are used to manufacture unsaturated polyester molding compounds. These materials have a wide range of applications in the automotive industry and find their usage in various components such as exterior body parts, interior trim components, under-the-hood mechanical systems & electrical components, and engine blocks for vehicles. The growth of the automotive industry is expected to drive demand over the forecast period.
Application Insights:
The global demand for GUP compounds has witnessed a paradigm shift due to the development of advanced automotive technologies. The growing importance of weight reduction in automobiles has led to an increased focus on automotive manufacturing, which is likely to positively influence market growth over the forecast period.
The electrical and electronics industry was one of the largest consumers of GUPs with a volume share estimated at around 40% in 2017. This can be attributed to high-temperature resistance exhibited by these products during processing along with low shrinkage rate when compared with other plastics used for electronic components such as circuit boards and housing units. Moreover, favorable regulations regarding energy efficiency have driven manufacturers toward using eco-friendly materials that are also more sustainable than traditional plastics used in this industry such as polycarbonate and ABS thus driving demand further over the forecast period.
Regional Analysis:
Asia Pacific was the largest market for GUPOs with a revenue share of over 40% in 2017. The region is expected to continue its dominance over the forecast period owing to high product demand from automotive, electrical and electronics industries. China is one of the major countries contributing towards regional growth as it has been observed that majority of unsaturated polyester resins are manufactured from Chinese raw materials.
North America emerged as second-largest consumer for global GUPOs market in 2017 due to growing consumption from various end-use industries such as construction, automotive and others. High standard of living coupled with rising disposable income levels have led consumers to opt for luxury cars which require premium grade plastics; thereby driving product demand across this region.
Europe accounted for a significant share in global industry value chain due to presence of key manufacturers such as BASF SE; Italfa SpA; Henkel AG & Co.
Growth Factors:
- Increasing demand from automotive and construction industries
- Growing demand for lightweight and durable materials
- Rising popularity of unsaturated polyester molding compounds in Asia Pacific region
- Technological advancements in manufacturing process of unsaturated polyester molding compounds
- Growing awareness about the benefits of using unsaturated polyester molding compounds
Scope Of The Report
Report Attributes
Report Details
Report Title
Unsaturated Polyester Molding Compounds Market Research Report
By Type
Sheet Molding Compounds, Bulk Molding Compounds
By Application
Electrical, Automotive, Others
By Companies
IDI, A.Schulman (BMCI), SDK, Lorenz, Polynt, Tencate, Huayuan Group, Mar-Bal, Yueqing SMC&BMC, Polmix, Changzhou Fonda, Kyocera, Jiangshi Composite, Jinchuangyi Electric, Astar, Changzhou Haoyuan, Cuyahoga Plastics, Plenco, CME, Donghai Composite, Molymer Group, Aomingwei, Shimada, Wah Hong Ind, Foshan Ripeng
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Unsaturated Polyester Molding Compounds Market Report Segments:
The global Unsaturated Polyester Molding Compounds market is segmented on the basis of:
Types
Sheet Molding Compounds, Bulk Molding Compounds
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electrical, Automotive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IDI
- A.Schulman (BMCI)
- SDK
- Lorenz
- Polynt
- Tencate
- Huayuan Group
- Mar-Bal
- Yueqing SMC&BMC
- Polmix
- Changzhou Fonda
- Kyocera
- Jiangshi Composite
- Jinchuangyi Electric
- Astar
- Changzhou Haoyuan
- Cuyahoga Plastics
- Plenco
- CME
- Donghai Composite
- Molymer Group
- Aomingwei
- Shimada
- Wah Hong Ind
- Foshan Ripeng
Highlights of The Unsaturated Polyester Molding Compounds Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sheet Molding Compounds
- Bulk Molding Compounds
- By Application:
- Electrical
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Unsaturated Polyester Molding Compounds Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Unsaturated polyester molding compounds are a type of plastic that is made from a mixture of two or more types of polyesters. The most common unsaturated polyester molding compounds are made from a combination of Polyethylene terephthalate (PET) and Polypropylene (PP).
Some of the key players operating in the unsaturated polyester molding compounds market are IDI, A.Schulman (BMCI), SDK, Lorenz, Polynt, Tencate, Huayuan Group, Mar-Bal, Yueqing SMC&BMC, Polmix, Changzhou Fonda, Kyocera, Jiangshi Composite, Jinchuangyi Electric, Astar, Changzhou Haoyuan, Cuyahoga Plastics, Plenco, CME, Donghai Composite, Molymer Group, Aomingwei, Shimada, Wah Hong Ind, Foshan Ripeng.
The unsaturated polyester molding compounds market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Unsaturated Polyester Molding Compounds Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Unsaturated Polyester Molding Compounds Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Unsaturated Polyester Molding Compounds Market - Supply Chain
4.5. Global Unsaturated Polyester Molding Compounds Market Forecast
4.5.1. Unsaturated Polyester Molding Compounds Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Unsaturated Polyester Molding Compounds Market Size (000 Units) and Y-o-Y Growth
4.5.3. Unsaturated Polyester Molding Compounds Market Absolute $ Opportunity
5. Global Unsaturated Polyester Molding Compounds Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Type
5.3.1. Sheet Molding Compounds
5.3.2. Bulk Molding Compounds
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Unsaturated Polyester Molding Compounds Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Application
6.3.1. Electrical
6.3.2. Automotive
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Unsaturated Polyester Molding Compounds Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Unsaturated Polyester Molding Compounds Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Unsaturated Polyester Molding Compounds Demand Share Forecast, 2019-2026
9. North America Unsaturated Polyester Molding Compounds Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Application
9.4.1. Electrical
9.4.2. Automotive
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Type
9.7.1. Sheet Molding Compounds
9.7.2. Bulk Molding Compounds
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Unsaturated Polyester Molding Compounds Demand Share Forecast, 2019-2026
10. Latin America Unsaturated Polyester Molding Compounds Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Application
10.4.1. Electrical
10.4.2. Automotive
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Type
10.7.1. Sheet Molding Compounds
10.7.2. Bulk Molding Compounds
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Unsaturated Polyester Molding Compounds Demand Share Forecast, 2019-2026
11. Europe Unsaturated Polyester Molding Compounds Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Application
11.4.1. Electrical
11.4.2. Automotive
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Type
11.7.1. Sheet Molding Compounds
11.7.2. Bulk Molding Compounds
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Unsaturated Polyester Molding Compounds Demand Share, 2019-2026
12. Asia Pacific Unsaturated Polyester Molding Compounds Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Application
12.4.1. Electrical
12.4.2. Automotive
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Type
12.7.1. Sheet Molding Compounds
12.7.2. Bulk Molding Compounds
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Unsaturated Polyester Molding Compounds Demand Share, 2019-2026
13. Middle East & Africa Unsaturated Polyester Molding Compounds Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Application
13.4.1. Electrical
13.4.2. Automotive
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Unsaturated Polyester Molding Compounds Market Size and Volume Forecast by Type
13.7.1. Sheet Molding Compounds
13.7.2. Bulk Molding Compounds
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Unsaturated Polyester Molding Compounds Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Unsaturated Polyester Molding Compounds Market: Market Share Analysis
14.2. Unsaturated Polyester Molding Compounds Distributors and Customers
14.3. Unsaturated Polyester Molding Compounds Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IDI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. A.Schulman (BMCI)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SDK
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lorenz
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Polynt
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tencate
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Huayuan Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mar-Bal
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Yueqing SMC&BMC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Polmix
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Changzhou Fonda
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kyocera
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Jiangshi Composite
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Jinchuangyi Electric
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Astar
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Changzhou Haoyuan
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Cuyahoga Plastics
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Plenco
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. CME
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Donghai Composite
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
