FRP Unsaturated Polyester Resin Market
FRP Unsaturated Polyester Resin Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
2031
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FRP Unsaturated Polyester Resin Market Size and Growth
The FRP Unsaturated Polyester Resin market is experiencing significant growth, driven by rising demand in construction, automotive, and marine sectors. The market size is projected to reach approximately $10 billion by 2025, reflecting a robust CAGR. Key trends include increasing adoption of sustainable materials and technological advancements in resin formulations.
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Companies Covered
(Covid 19 Impact Covered)
◍ Ashland
◍ BASF SF
◍ Polynt-Reichhold
◍ AOC
◍ U-Pica
◍ Japan Composite
◍ Yabang
◍ Tianhe Resin
◍ Changzhou Fangxin
◍ Zhaoqing Futian
◍ Jiangsu Fullmark
◍ Changzhou Huari
◍ Zeyuan Chemical
◍ Guangdong Huaxun
◍ Luxchem Polymer Industries
The FRP Unsaturated Polyester Resin Market features key players like Ashland, BASF SF, and Polynt-Reichhold, focusing on innovative products and sustainable practices to drive growth. Companies leverage advanced formulations for applications in automotive, construction, and marine sectors, enhancing market reach and sales.
Revenue figures include:
- Ashland: ~$3 billion
- BASF: ~$70 billion
- Polynt: ~$1 billion
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Market Segmentation
By Application
◍ Shipbuilding Industry
By Product
Others ◍ Construction Industry ◍ Automotive Industry
Orthophthalic
Isophthalic
Dicyclopentadiene (DCPD)
◍ Others
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Market Growth
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$ X Billion USD
