Global Unsaturated Polyester Resin for Composite market cagr 12.8%

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Unsaturated Polyester Resin for Composite Market

Unsaturated Polyester Resin for Composite Market

Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Unsaturated Polyester Resin for Composite Market Size and Growth

The Unsaturated Polyester Resin for Composite market is poised for significant growth, driven by increasing demand across automotive, construction, and aerospace industries. In 2023, the market size is projected to reach USD 10 billion, reflecting a compound annual growth rate (CAGR) of 6.5% due to technological advancements and innovative applications.

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Companies Covered

(Covid 19 Impact Covered)

◍ BASF

◍ Advanced Materials Technology

◍ AkzoNobel

◍ Ashland

◍ DSM

◍ Lonza GmbH

◍ Polynt

◍ Reichhold

◍ Shin-Etsu Chemical

◍ Swancor Ind

◍ Dow Chemical

◍ Tianhe Resin

The Unsaturated Polyester Resin (UPR) for composites market features key players like BASF, AkzoNobel, and Dow Chemical, leveraging UPR for applications in automotive, construction, and marine industries. These companies innovate formulations and enhanced properties, driving market growth. Sales revenues include BASF (€65 billion) and Dow Chemical ($55 billion).

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Market Segmentation

By Application

Aerospace

Transport

Buildings

Consumer Good

Others

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By Product

Orthopthalic

Isopthalic

Dicyclopentadiene

Others

Market Growth

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$ X Billion USD

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