Global Unsaturated Polyester Resins (UPR) Market Size Was Valued at USD 11.62 Billion In 2022 And Is Projected to Reach USD 16.78 Billion By 2030, Growing at A CAGR of 4.7% From 2023 To 2030.
This report studies the unsaturated polyester resins market, from angles of players, regions, product types and end industries, to analyze the status and the future. In addition, the investigation report sorts the worldwide Unsaturated Polyester Resins (UPR) market by top players/brands, area, type, and end client. This report likewise examines the different Factors impacting the market development and drivers, further revealing insight into the market review, key makers, key received by them, size, most recent patterns, and types, income, and net edge with provincial examination and figure.
A polyester resin is a polymer produced by a polycondensation reaction between particular polyalcohols and polyacids. Unsaturated Polyester Resins (UPR) are a type of polyester resin that, once restored, can take the shape of a mold. Unsaturated Polyester Resin has a better level of long-lasting and strength. Orthophthalic resin, dicyclopentadiene (DCPD) resin, and isophthalic resin are among the various forms of unsaturated polyester resins.
Segmentation Analysis of Unsaturated Polyester Resins (UPR) Market:
By Type
- Orthophthalic Resins
- Isophthalic Resins
- Dicyclopentadiene (DCPD)
- Others
By End Users
- Building & Construction
- Marine
- Land Transportation
- Pipes & Tanks
- Artificial Stone
- Others
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By Region:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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COVID-19 Impact on the Unsaturated Polyester Resins (UPR) Market
The suspension of non-essential trade to curb the spread of COVID-19 restrain growth for market players. China, being at the center stage of the global pandemic, is under the microscope of every economy. It is also the biggest consumer of unsaturated polyester resin. Therefore, order achievement and future deals are put on hold for the time being. Producers also face production obstacles such as poor workforce, raw material, and logistics support. Major players are investing in employee expertise in conceiving recovery strategies. Focusing on less impacted or fast recovering areas is a popular strategy. Business strategies are closely tied with the new advancement about COVID-19 spread and its vaccine.
Reasons to Purchase this Report -
- Analyzing the outlook of the market with the recent trends and SWOT analysis.
- Market dynamics scenario, along with growth opportunities of the market in the years to come.
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects.
- The regional and country-level analysis integrates the demand and supply forces that are influencing the growth of the market.
- Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past years.
- Comprehensive company profiles covering product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
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