Unsaturated Polyester Resins (UPR) Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
INFINIUM GLOBAL RESEARCH
Unsaturated Polyester Resins Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
INTRODUCTION REPORT DESCRIPTION
As per the report the global unsaturated polyester resins (UPR) market was worth USD 5xxx.x million in 2016 and it reached USD 7xxx.x million in 2023. The global market is expected to grow at a CAGR of 5% over the forecast period of 2017 – 2023. Unsaturated polyester resins are widely used in the industrial applications owing to their cost effectiveness and versatile properties. The rise in use of UPR in the end use industries such as building and construction, transport, and artificial stones among others is likely to augment the market size of UPR market over the forecast period. This report estimates the market size of unsaturated polyester resins in terms of value (USD Million) over the period of 2015 to 2023. The year 2016 are considered to be base years, and 2017 to 2023 is considered to be a forecast period. The market sizes for unsaturated polyester resins by type, by end use and by regions are estimated in terms of value. This market research study provides detailed qualitative and quantitative analyses of the global unsaturated polyester resins market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of unsaturated polyester resins. The market analysis covers major geographic regions, such as North America, Europe, Asia-Pacific, and Rest of the World (RoW). The market size and forecasts are also given for these regions. Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of unsaturated polyester resins market. Moreover, the study highlights current market trends and provides forecast from 2015 to 2023. We also have highlighted future trends in the global unsaturated polyester resins market that will impact the demand during the forecast period. The IGR- Growth Matrix analysis provided in this report highlights key investing markets in the world. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly. 2
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Unsaturated Polyester Resins Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
SEGMENTATION AND RESEARCH SCOPE UNSATURATED POLYESTER RESINS MARKET SEGMENTATION
Region Types • • • •
Isopthalic Orthopthalic DCPD Others
End Use • Marine • Building and construction • Transport • Tanks and pipes • Artificial stones • Electrical
North America Europe Asia Pacific RoW
The report segments the global unsaturated polyester resins market by type, end use, and region. On the basis of types the unsaturated polyester resins market is segmented as isopthalic, orthopthalic, DCPD and others. Based on end use, the market has been segmented into marine, building and construction, transport, tanks and pipes, artificial stones and electrical. The global unsaturated polyester resins market is analyzed covering the regions such as North America, Europe, Asia- Pacific, and Rest of the World. For More Details Get Free Sample Pages of this Report @ https://www.infiniumglobalresearch.com/reports/sample-request/993
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Unsaturated Polyester Resins Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
RESEARCH METHODOLOGY METHODOLOGY
Infinium Global Research published reports are based on extensive primary and secondary research methods. The research begins with extensive exploration through secondary sources followed by primary research. With these research methods we were able to estimate the market size of the unsaturated polyester resins market, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market. Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get in the coming days.
RESEARCH METHODOLOGY: AN OUTLINE
Primary Research
Secondary research
• Primary sources of the information and data include • Industry Experts/ consultants • Top level executives in the key market players • Subject matter experts • Academicians and research scholars
• Secondary sources of the information and data include • Company reports and publications • Government/institutional publications • Trade and associations’ journals • Databases • Websites and publications by research agencies • Others
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Unsaturated Polyester Resins Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through 1. Key Opinion Leaders associated with Infinium Global Research 2. Internal and External subject matter experts 3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers Our primary research respondents typically include 1. Executives working with leading companies in the market under review 2. Product/brand/marketing managers 3. CXO level executives 4. Regional/zonal/ country managers 5. Vice President level executives. Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources. The secondary sources of the data typically include • Company reports and publications • Government/institutional publications • Trade and associations’ journals • Databases such as WTO, OECD, Hoovers, Factiva, and Worldbank, among others. • Websites and publications by research agencies • The National Chemical Database Service • ICSC databases.
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Unsaturated Polyester Resins Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
DATA COLLECTION MATRIX :
RESEARCH METHODOLOGY: DATA COLLECTION MATRIX
Demand Side analysis
Global market size (Consumption)
Supply Side Analysis
Production +Import -Export
Data collection matrix explains the triangulation of the data collected to arrive at the market size of the global unsaturated polyester resins market. The supply side analysis considers the production of unsaturated polyester resins. The supply side analysis also takes into consideration the suppliers of raw materials, the manufacturers and other stakeholders involved into supply of the unsaturated polyester resins. The demand side analysis considers the Product areas of the unsaturated polyester resins market. In this approach the various industry players are considered. The country-wise sales values provide the data of consumption of unsaturated polyester resins in the regional as well as global markets. Moreover, this approach helps analyze the future trends and the market size of the global as well as regional unsaturated polyester resins market. RESEARCH APPROACHES
The study on global Unsaturated polyester resins market provides deep insights into the trends and opportunities in the market for the forecast period 2017 to 2023. Moreover, the market estimates are provided in terms of revenue in USD Million. The research also covers the analysis of the various segments in the global 6
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Unsaturated Polyester Resins Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
unsaturated polyester resins market. The estimates in the global unsaturated polyester resins market are based on both bottom-up and top-down approaches. RESEARCH APPROACHES- BOTTOM UP • Accumulation of the country level market size (sales value) • Regional market size of Unsaturated Polyester Resins and its applications • •
Segment revenue of the key players Country level market size by type and end use (sales value)
•
Identifying key players in the Unsaturated Polyester Resins market
• •
Accumulation of the regional/country market size (sales value) Global market size of types and end use
In the bottom-up approach the revenues of the key players are determined and added to arrive at the country or regional market size. The country market sizes added to arrive at the regional market size. Further, the market size of the regions is added to arrive at the global market size of Unsaturated polyester resins market.
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Unsaturated Polyester Resins Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
RESEARCH APPROACHES- TOP-DOWN • Global market size of Unsaturated Polyester Resins market • sales value for 2015 to 2016 Global market
Market Segments
• % breakdown by market segments by types and end use of Unsaturated Polyester Resins • sales value for 2013 and 2015
Top- Down Approach Determine the regional market size
Country Level market sizing
• Regional market size of the Unsaturated Polyester Resins market (sales value) • Regional market size of types and end use in terms of value
• Country level market size of the Unsaturated Polyester Resins market in every region (sales value) • Country level market size of types and end use in every region
In the top-down approach the global market size is estimated based on the secondary research and historic data. Using this approach the regional market size is obtained by splitting the global number by percentage share of each region such as North America, Europe, Asia Pacific, Latin America, and RoW. IGR- RESEARCH METHOD AND DATA TRIANGULATION SECONDARY SOURCES.
PRIMARY SOURCES
• Industry Publications
end-use
•C-level executives in the leading manufacturing companies of Unsaturated Polyester Resins Market •Product managers •Sales managers •Industry consultants •Distributors/Suppliers
• Industry news ‘ • Data sources • Others
Infinium’s Data bank/Know how
• Annual Reports • Presentations • Company Websites
• Press Releases • News Articles • Journals
Primary Research
Secondary Research
• Paid Databases
Company Publications .
SUPPLY SIDE
of
General. Publications
DEMAND SIDE
• Government Agencies’ Publications
•Top executives industries •Intermediaries
Data Triangulation and Information Sources
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Unsaturated Polyester Resins Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
The market size of unsaturated polyester resins is determined based on the top down approach. The market size is validated using primary interview with the participants working in some of the leading players in the unsaturated polyester resins market. The primary interview participants typically includes managers and CXO level executives of the leading players in this market. The primary interviews not only help identify the market size of the Unsaturated polyester resins market but also identify the factors that promote the growth in the market and the factors that restrain the growth in this market. The views of primary respondents were reconciled to provide qualitative analysis of the unsaturated polyester resins market. The primary respondents also help identifying top 5-10 players and their possible market share in the respective country markets and in world market. The bottom-up approach is used to validate the global market size of unsaturated polyester resins. With the help of primary interviews and secondary research the market size of unsaturated polyester resins is determined for each country studied, which then is added to arrive at regional market size and thereby obtaining global market size. This in turn helps us to validate the market size of unsaturated polyester resins in the world market. EXECUTIVE SUMMARY GLOBAL UNSATURATED POLYESTER RESINS MARKET HIGHLIGHTS, (USD MILLION)
The global unsaturated polyester resins market was worth USD 5xxx.x million in 2016 and it is projected to reach USD 7XXX.X million in 2023, expanding at a CAGR of 5.0% between 2017 and 2023. The global unsaturated polyester resins market is driven by the factors such as growing end use industries such as construction, and automotive industry, cost of effectives of the UPR over other resins. However, high threat of substitution from other resins is the key restraining factor affecting the growth in this market over the forecast period. Asia-Pacific dominates the world Unsaturated polyester resins market in terms of dollar share, and it is anticipated to grow at a CAGR higher than other regions over the forecast period. The growth in the Asia-Pacific region is primarily driven by emerging economies such as India, China and Indonesia. Rapid development in 9
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Unsaturated Polyester Resins Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
infrastructure in these emerging economies is the key factor driving the growth in the Asia-Pacific region. Some of the key players in the global unsaturated polyester resins market are Tianhe Resin Co., Ltd., Satyen Polymers Pvt. Ltd, Eternal Chemical Co. Ltd., Changzhou New Solar Co. Ltd., AOC Resins, CCP Composites, DuPont, Scott Bader Company Ltd., UPC Technology Corp., and Ashland Inc.
GLOBAL UNSATURATED POLYESTER RESINS MARKET, 2015 – 2022 (USD MILLION)
2014
2015
2016
2017
2018
2019
2020
2021
Value
Unsaturated polyester resins market is expected to experience significant growth globally. The global market for unsaturated polyester resins is expected to grow at a CAGR 12.9% over the period of 2016 to 2022, emerging markets are expected to impact the growth rate over the forecast period.
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Unsaturated Polyester Resins Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL UNSATURATED POLYESTER RESINS MARKET, CAGR GROWTH BY REGIONS (2015 – 2022)
x.x
x.x %
%
x.x
%
North America Latin America
x.x %
Europe Asia
Source: Infinium Global Research Emerging markets of Asia-Pacific, Middle East and Latin America regions are expected to drive the growth in the world market. The Asia-Pacific region is expected to grow at a CAGR of x.x% over the forecast period, followed by Latin America and RoW regions growing at CAGRs x.x% and x.x% respectively over the period of 2016 – 2022. MARKET OVERVIEW AND COMPETITIVENESS DRO ANALYSIS
DRO stands for drivers, restraints and opportunities. The DRO analysis involves, identifying the factors that are likely to have impact on the global unsaturated polyester resins market. It covers analysis of short term and long term impact of drivers and restraints. Through this analysis both short term and long term opportunities are identified. These opportunities present the investment options and new markets for the market players in the unsaturated polyester resins market. 11
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Unsaturated Polyester Resins Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Drivers refer to the factors that are expected to drive or boost the market size or demand for unsaturated polyester resins. DRIVERS, RESTRAINTS AND OPPORTUNITIES IN GLOBAL UNSATURATED POLYESTER RESINS MARKET
D
• Driver 1 • Driver 2 • Driver 3
R
• Restraint 1 • Restraint 2 • Restraint 3
O
• Opportunity 1 • Opportunity 2
Drivers
Restraints
Opportunities
IGR- GROWTH MATRIX ANALYSIS
Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix helps understand the market situation of the business segments. It helps identify the most attractive segment for the investment purpose and helps the companies to make better decisions in strategy making. The IGR- Growth Matrix presents the zones that define the position of the product segment and application segment based on the market size, growth anticipated and the growth factors & historic growth. Following are the zones that IGR- Growth Matrix considers Risky Zone: Low market size and low growth rate. Investment in this segment is risky
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Unsaturated Polyester Resins Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Retention Zone: High market size and low growth rate, the companies operating in this segment should retain their investments in this segment. Companies may focus on extensive marketing and advertisements Consolidation zone: High growth rate and high market size, the companies operating in the segments that have high market size and high growth should focus on consolidating their market position in these segment. Mergers and acquisitions, extensive marketing programs, and new product developments can be used as marketing strategies to consolidate the market in these segments. Opportunity Zone: High growth low market size Safe Zone: Moderate growth and moderate market size. IGR- GROWTH MATRIX ANALYSIS Growth Rate
Consolidation zone
Opportunity zone High
Low Risky zone
Retention zone Market Size High
Low
North America
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Europe
Asia-Pacific
Latin America
RoW
© Infinium Global Research
Unsaturated Polyester Resins Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
COMPANY PROFILES OVERVIEW
Tianhe Resin Co., Ltd. Contact details Address: Tele: Fax: website
Key Features No. of Employees: No. of countries of operation: No. of SBUs/Subsidiaries:
C OMPANY .: FINANCIAL INFO YTD Revenue Comparison revenue 162
3.35%
160
3.30%
158 156
12.5% 31.5%
3.25%
154
35.5%
3.20%
152
20.5%
150
3.15%
148
3.10%
146
Region 1
144
Region2
region3
region4
3.05% 2013
2014
2015
Key Highlights •
Revenue by regions
YoY Growth in Revenue
YTD Revenue Breakdown by Segment
Key Highlight 1: Sample text Sample text Sample text Sample text Sample text
•
Key Highlight 2: Sample text Sample text Sample text Sample text Sample text.
•
Key Highlight 3: Sample text Sample text, Sample text, Sample text, Sample text
12.5% 31.5%
35.5% 20.5%
Segment 1
Segment 2
Segment 3
Segment 4
Browse Detailed Description and Company Mentioned in this Report @ https://www.infiniumglobalresearch.com/chemical-material/global-unsaturatedpolyester-resins-market
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