Market Overview:
The global unsaturated polyester resin (UPR) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for UPR in various applications, such as building & construction, tanks & pipes, electrical, marine, transport and artificial stones. In addition, the growing demand for UPR from emerging economies is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period.
 Industry Outlook.svg)
Product Definition:
Unsaturated Polyester Resin (UPR) is a thermoset resin that is made from a mixture of polyesters and styrene. It is used in the manufacture of fiberglass, boats, and other items that require strength and resistance to weathering.
Orthophthalic:
Orthophthalic is a polymer with twophthalate groups. It has high molecular weight and exhibits good processability in the manufacturing of composites. Orthophthalic polymers are used as flame retardants in various products including plastics, coatings, adhesives & sealants and fibers. The growing demand for plastic materials from end-use industries such as automotive & aerospace is expected to drive the global orthophthalic market over the forecast period.
Isophthalic:
Isophthalic (IP) is a chemical compound of petroleum origin. It is an organic liquid that has the same molecular formula as that of butane (C4H10), i.e., C5H11, and its structure is similar to terephthalic acid (TPA). Isophthalic acid can be used in place of terephthalic acid in polyester resin manufacturing processes owing to its lower cost and higher solubility in water.
Application Insights:
Building & construction was the largest application segment in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. Rising infrastructure spending in emerging economies including China, India and Brazil on account of increasing urbanization is likely to drive product demand over the forecast period.
The tanks & pipes application segment accounted for 10.5% share of the global revenue in 2017 owing to rising product penetration for manufacturing pipeline systems, storage tanks, containment vessels and others across various industries including oil & gas, petrochemicals, pharmaceuticals and food processing among others.
UPR based products are increasingly being used as an alternative solution compared with glass fiber reinforced polyester composites due largely on cost reduction coupled with weight saving properties offered by unsaturated polyester resins when compared with glass fiber composites which have been witnessing increased demand from automotive manufacturers particularly sports car producers such as Porsche AG., Ferrari SpA., Lamborghini SPA., Audi AG., Volkswagen AG.
Regional Analysis:
Asia Pacific was the largest market for global UPR with a volume share of 68.2% in 2017. The region is expected to continue its dominance over the forecast period, owing to high product demand from building & construction, electrical and transport applications in emerging economies such as China and India. In addition, growing population coupled with rising living standards are likely to drive consumer goods production which will further propel market growth over the coming years.
Europe accounted for a significant share of global UPR market on account of high consumption levels from major countries including Germany, France and Italy that are characterized by strong presence of automotive manufacturers along with aerospace industry leaders across Europe region.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and electrical & electronics
- Rising demand for lightweight and durable materials in automotive sector
- Growing popularity of composites in construction industry
- Increasing penetration of UPR in electrical & electronics industry
- Technological advancements that improve the properties of UPR
Scope Of The Report
Report Attributes
Report Details
Report Title
Unsaturated Polyester Resin (UPR) Market Research Report
By Type
Orthophthalic, Isophthalic, DCPD, Others (Including Vinyl Esters, Terephthalic Esters, etc.)
By Application
Building & Construction, Tanks & Pipes, Electrical, Marine, Transport, Artificial Stones, Others (Including Aerospace, Wind Energy, etc.)
By Companies
Ashland, Yabang (Macau New Solar), Changzhou Fangxin, DSM, BASF, Reichhold, Guangdong Huaxun, CCP, Tianhe Resin, AOC, Zhaoqing Futian, Jiangsu Fullmark, Huzhou Hongjian, Changzhou Huari, U-Pica
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Unsaturated Polyester Resin (UPR) Market Report Segments:
The global Unsaturated Polyester Resin (UPR) market is segmented on the basis of:
Types
Orthophthalic, Isophthalic, DCPD, Others (Including Vinyl Esters, Terephthalic Esters, etc.)
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
Building & Construction, Tanks & Pipes, Electrical, Marine, Transport, Artificial Stones, Others (Including Aerospace, Wind Energy, etc.)
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:
- Ashland
- Yabang (Macau New Solar)
- Changzhou Fangxin
- DSM
- BASF
- Reichhold
- Guangdong Huaxun
- CCP
- Tianhe Resin
- AOC
- Zhaoqing Futian
- Jiangsu Fullmark
- Huzhou Hongjian
- Changzhou Huari
- U-Pica
 Market Overview.svg)
Highlights of The Unsaturated Polyester Resin (UPR) 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:
- Orthophthalic
- Isophthalic
- DCPD
- Others (Including Vinyl Esters, Terephthalic Esters, etc.)
- By Application:
- Building & Construction
- Tanks & Pipes
- Electrical
- Marine
- Transport
- Artificial Stones
- Others (Including Aerospace, Wind Energy, etc.)
- 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 Resin (UPR) 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.
How you may use our products:
- 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
 Market Statistics.svg)
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 resin (UPR) is a type of thermoplastic that is made from a polymer with both unsaturated and saturated hydrocarbons. The resin has excellent heat resistance, low moisture absorption, and good chemical resistance.
Some of the major players in the unsaturated polyester resin (upr) market are Ashland, Yabang (Macau New Solar), Changzhou Fangxin, DSM, BASF, Reichhold, Guangdong Huaxun, CCP, Tianhe Resin, AOC, Zhaoqing Futian, Jiangsu Fullmark, Huzhou Hongjian, Changzhou Huari, U-Pica.
The unsaturated polyester resin (upr) 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 Resin (UPR) 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 Resin (UPR) 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 Resin (UPR) Market - Supply Chain
4.5. Global Unsaturated Polyester Resin (UPR) Market Forecast
4.5.1. Unsaturated Polyester Resin (UPR) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Unsaturated Polyester Resin (UPR) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Unsaturated Polyester Resin (UPR) Market Absolute $ Opportunity
5. Global Unsaturated Polyester Resin (UPR) 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 Resin (UPR) Market Size and Volume Forecast by Type
5.3.1. Orthophthalic
5.3.2. Isophthalic
5.3.3. DCPD
5.3.4. Others (Including Vinyl Esters, Terephthalic Esters, etc.)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Unsaturated Polyester Resin (UPR) 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 Resin (UPR) Market Size and Volume Forecast by Application
6.3.1. Building & Construction
6.3.2. Tanks & Pipes
6.3.3. Electrical
6.3.4. Marine
6.3.5. Transport
6.3.6. Artificial Stones
6.3.7. Others (Including Aerospace, Wind Energy, etc.)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Unsaturated Polyester Resin (UPR) 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 Resin (UPR) 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 Resin (UPR) 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 Resin (UPR) 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 Resin (UPR) Demand Share Forecast, 2019-2026
9. North America Unsaturated Polyester Resin (UPR) 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 Resin (UPR) 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 Resin (UPR) Market Size and Volume Forecast by Application
9.4.1. Building & Construction
9.4.2. Tanks & Pipes
9.4.3. Electrical
9.4.4. Marine
9.4.5. Transport
9.4.6. Artificial Stones
9.4.7. Others (Including Aerospace, Wind Energy, etc.)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Unsaturated Polyester Resin (UPR) Market Size and Volume Forecast by Type
9.7.1. Orthophthalic
9.7.2. Isophthalic
9.7.3. DCPD
9.7.4. Others (Including Vinyl Esters, Terephthalic Esters, etc.)
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 Resin (UPR) Demand Share Forecast, 2019-2026
10. Latin America Unsaturated Polyester Resin (UPR) 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 Resin (UPR) 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 Resin (UPR) Market Size and Volume Forecast by Application
10.4.1. Building & Construction
10.4.2. Tanks & Pipes
10.4.3. Electrical
10.4.4. Marine
10.4.5. Transport
10.4.6. Artificial Stones
10.4.7. Others (Including Aerospace, Wind Energy, etc.)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Unsaturated Polyester Resin (UPR) Market Size and Volume Forecast by Type
10.7.1. Orthophthalic
10.7.2. Isophthalic
10.7.3. DCPD
10.7.4. Others (Including Vinyl Esters, Terephthalic Esters, etc.)
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 Resin (UPR) Demand Share Forecast, 2019-2026
11. Europe Unsaturated Polyester Resin (UPR) 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 Resin (UPR) 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 Resin (UPR) Market Size and Volume Forecast by Application
11.4.1. Building & Construction
11.4.2. Tanks & Pipes
11.4.3. Electrical
11.4.4. Marine
11.4.5. Transport
11.4.6. Artificial Stones
11.4.7. Others (Including Aerospace, Wind Energy, etc.)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Unsaturated Polyester Resin (UPR) Market Size and Volume Forecast by Type
11.7.1. Orthophthalic
11.7.2. Isophthalic
11.7.3. DCPD
11.7.4. Others (Including Vinyl Esters, Terephthalic Esters, etc.)
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 Resin (UPR) Demand Share, 2019-2026
12. Asia Pacific Unsaturated Polyester Resin (UPR) 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 Resin (UPR) 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 Resin (UPR) Market Size and Volume Forecast by Application
12.4.1. Building & Construction
12.4.2. Tanks & Pipes
12.4.3. Electrical
12.4.4. Marine
12.4.5. Transport
12.4.6. Artificial Stones
12.4.7. Others (Including Aerospace, Wind Energy, etc.)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Unsaturated Polyester Resin (UPR) Market Size and Volume Forecast by Type
12.7.1. Orthophthalic
12.7.2. Isophthalic
12.7.3. DCPD
12.7.4. Others (Including Vinyl Esters, Terephthalic Esters, etc.)
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 Resin (UPR) Demand Share, 2019-2026
13. Middle East & Africa Unsaturated Polyester Resin (UPR) 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 Resin (UPR) 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 Resin (UPR) Market Size and Volume Forecast by Application
13.4.1. Building & Construction
13.4.2. Tanks & Pipes
13.4.3. Electrical
13.4.4. Marine
13.4.5. Transport
13.4.6. Artificial Stones
13.4.7. Others (Including Aerospace, Wind Energy, etc.)
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 Resin (UPR) Market Size and Volume Forecast by Type
13.7.1. Orthophthalic
13.7.2. Isophthalic
13.7.3. DCPD
13.7.4. Others (Including Vinyl Esters, Terephthalic Esters, etc.)
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 Resin (UPR) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Unsaturated Polyester Resin (UPR) Market: Market Share Analysis
14.2. Unsaturated Polyester Resin (UPR) Distributors and Customers
14.3. Unsaturated Polyester Resin (UPR) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ashland
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Yabang (Macau New Solar)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Changzhou Fangxin
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DSM
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BASF
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Reichhold
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Guangdong Huaxun
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CCP
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tianhe Resin
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. AOC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Zhaoqing Futian
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jiangsu Fullmark
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Huzhou Hongjian
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Changzhou Huari
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. U-Pica
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19
