The report evaluates the Unsaturated Polyester Resin Market share command by the key Players of the business and offers a full assessment of the competitive landscape. This market is split into completely totally different sections with the profound analysis of each phase with relevancy the geography for the study quantity. Supported the historical data, the report estimates future prospects and provides the market trends, size, growth, and estimation for the amount 2018-2025.
Unsaturated polyester resins are chemicals which are manufactured by condensation reaction between acids and glycols. They have properties such as high physical strength, weather resistance and heat distortion temperature. They are used in the manufacturing of variety of products such as boat and ships, wind blades, electrical windmills, automotive applications, sanitary wares, fiberglass reinforced plastics, and non-reinforced plastics.
North America is the largest consumer of unsaturated polyester resin. Asia Pacific region is expected to grow during the forecast period due to its rising construction industry. The key companies operating in this market are Ashland Inc., AOC Resins, CCP Composites, Changzhou New Solar Co. Ltd., BASF SE, DuPont, DSM, Eternal Chemical Co. Ltd. and Lanxess AG.
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The unsaturated polyester resin is classified according to product as orthophthalic, isophthalic, DCPD and others (including vinyl esters, terephthalic esters, etc.). Orthophthalic segment has the greatest market share in the product market as it is used in varied industrial applications. DCPD segment is expected to grow during the forecast period. The unsaturated polyester resin market is segmented according to application as building & construction, tanks & pipes, electrical, marine, transport, artificial stones and others (including aerospace, wind energy, etc.). Building and construction segment holds the largest market share due to extensive use of polyester resin in concrete, composites, roofing and reinforcements.
The key drivers of unsaturated polyester resin are changing lifestyle, increasing urbanization and growth in the real estate industry in developing nations. The increasing demand for pipes and tanks in chemical industry is expected to fuel the market. The demand for unsaturated polyester resin is increasing in marine applications due to resistance and hydrolytic stability. The key constraints of this market are volatile raw material prices, high cost of manufacturing and environmental regulation.
Table Of Contents – Overview
4.Unsaturated Polyester Resin Market Analysis by Product
5.Unsaturated Polyester Resin Market Analysis by Application
6.Unsaturated Polyester Resin Market Analysis by Geography
7.Competitive Landscape of Unsaturated Polyester Resin Companies
8.Company Profiles of Unsaturated Polyester Resin Industry
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