Unsaturated Polyester Resin (UPR) Market size $12.8bn by 2022: Global Market Insights, Inc. Unsaturated Polyester Resin (UPR) Market size may generate USD 12.8 billion revenue by 2022; according to a new research report by Global Market Insights, Inc. Positive indicators for increasing composites usage across transportation and infrastructure industry owing to light weight & durability in comparison to metallic counterparts should favor UPR market size. Unsaturated polyester resin, orthophthalic, is used in the manufacture of general purpose composites which require moderate structural properties. UPR composites also possess excellent aesthetic value and can be easily pigmented to suit the need of a particular industry, without compromising on the structural properties of the finished product. Moreover, several manufacturers are developing alternative methods to manufacture products from biomass which may stimulate bio UPR market size.
Global UPR market share is fragmented. BASF, Dow, Ashland, CCP Composites and Changzhou are among notable industry players. Other prominent participants include DSM, DuPont, Reichhold and Lanxess. Unsaturated polyester resin (UPR) market size is anticipated to exceed 7.5 million tons by 2022, at an estimated CAGR of over 6.2%.
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