An unsaturated polyester resin is an essential polymer required for production of composite materials, including mainly glass fibre–reinforced plastics (FRP). FRP composites have a prominent application in various industries such as construction, land transport, and marine.

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UNSATURATED POLYESTER RESINS
MARKET -
-
GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND
OPPORTUNITY ANALYSIS, 2016-2024

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REPORT DESCRIPTION
• An unsaturated polyester resin is an essential polymer required for production of
composite materials, including mainly glass fibre–reinforced plastics (FRP). FRP composites
have a prominent application in various industries such as construction, land transport, and
marine. Non-reinforced unsaturated polyester resins are used to manufacture solid-
surfaced countertops, marbles, automotive repair putty and ?ller, gel coats, and few other
items such as bowling balls and buttons.
• The global unsaturated polyester resins market growth is primarily driven by factors such
as increasing demand for composite demand owing to its light weight, superior durability,
and low cost. Unsaturated polyester resins are extensively used in various industries to
improve thermal, flexure composites mechanical, and morphological attributes.
Unsaturated polyester resins are widely used in construction industry in water
management systems such as tanks and pipes. Moreover, increasing flexibility and high
corrosion resistance properties are expected to fuel growth of the global market during the
forecast period (2016-2024).

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Unsaturated Polyester Resins Market Taxonomy
• By Product Type
• On the basis of product type, the global market is classified into:
• Orthophthalic Polyesters
• Isophthalic Polyesters
• Dicyclopentadiene (DCPD)
• Others (Terephthalic Acid, Gelcoat Resins, etc.)
• By End-User Industry
• On the basis of end-user industry, the global market is segregated as:
• Marine
• Building Construction
• Transportation
• Electrical & Electronics
• Power Generation
• Oil & Gas
• Others (Chemicals, Consumer Goods, etc.)

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Market Segmentation
• Among all the end-user industries, building & construction was the leading segment,
both in terms of value and volume, in 2015. The segment is also projected to showcase
highest growth rate over the forecast period, owing to the rapid growth of the building
& construction industries in emerging economies such as China, Brazil, India, UAE, and
Brazil, wherein substantial investments are being made in the infrastructure sector.
• Among product types, the orthophthalic segment accounted for the highest share of the
global unsaturated polyester resins market in 2015, owing to its extensive use in fibre
reinforced plastics (FRP), which are extensively used in the automotive, aerospace,
marine, and construction industries. However, the DCPD product type is expected to be
the fastest growing segment in the foreseeable future.
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Key Strategies
• Geographically, the global unsaturated polyester resins market is classified into North
America, Europe, Asia Pacific and the rest of the World. In 2015, Asia Pacific was the
largest consumer of unsaturated polyester resins industry, followed by North America
and Europe. China was the largest consumer of market of unsaturated polyester resins,
with more than 40% share of the total global consumption.
• The key players identified in the global unsaturated polyester resins market are
Ashland Inc., Tianhe, Changzhou New Solar Co. Ltd., AOC Resins LLC, BASF SE, The Dow
Chemical Company, Royal DSM, CCP Composites, Reichhold Inc., and SABIC. Other
major players existing in the global unsaturated polyester market space are Scott
Bader, U-Pica Technology Group, Polynt Composites, Showa Denko, and Lanxess
Aktiengesellschaft among others. These industry players are currently focussed on
expanding their global footprint by enhancing their production capacity by means of
expansion, setting up a new manufacturing facility and strategic mergers &
acquisitions.

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