Global Unsaturated Polyester Resin for Composites Market By Type, End-use Industry & Region 2016-2022

The global Unsaturated Polyester Resins (UPR) market is estimated to grow from USD 8.59 Billion in 2016 and is estimated to USD reach 11.91 Billion by 2022, at a CAGR of 5.59% between 2016 and 2022. SMC will remain the largest market by value and volume, mainly because of its greater flexural strength and tensile strength than BMC.

The global Unsaturated Polyester Resins (UPR) market is estimated to grow from USD 8.59 Billion in 2016 and is estimated to USD reach 11.91 Billion by 2022, at a CAGR of 5.59% between 2016 and 2022. SMC will remain the largest market by value and volume, mainly because of its greater flexural strength and tensile strength than BMC.

Growth by Region:

Asia Pacific will be the largest market during the forecast period due to growth in end use segments. Asia Pacific and Rest of the World markets are expected to grow significantly by virtue of the growing construction and pipe & tank segments. Growing economy, growth in population, and urbanization are the major forces that drive the construction segment, especially in China and India.

Drivers Vs. Constraints:

The major drivers for market growth are the increasing demand for lightweight materials, and performance benefits of reinforced composites over rival materials. Emerging trends, which has a direct impact on the dynamics of the industry, include avoiding the usage of styrene as the major raw material for manufacturing UPR.

Industry Structure and Updates:

Business expansion and acquisition are the key strategies adopted by major players in this market to sustain the market competition. Strict regulations laid by EPA, DOE and ANSI regarding product storage and exposure is one the biggest challenge faced by the companies in the industry

Key Topics Covered:

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Unsaturated Polyster Resin For Composites Market Segmentation, Forecasts and Trends - By Revenue

6. By Type

7. By End-Use Industry

8. By Region

9. Vendor Market Share Analysis

10. Company Profiles

11. Industry Structure

Companies Mentioned

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