The report presents a comprehensive overview of industry trends, growth share and the competitive landscape in 250 pages.
Quadintel has recently released a survey report focusing on the worldwide Unsaturated Polyester Resins Market. The study provides significant insights into growth strategies, prospects for business expansion, emerging trends and innovations, as well as the competitive landscape for the year 2023. Furthermore, the report includes a regional analysis encompassing North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.
Global Unsaturated Polyester Resins Market to reach USD 13.3 billion by 2027. Global Unsaturated Polyester Resins Market is valued approximately at USD 4.69 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.69% over the forecast period 2021-2027.
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A polyester resin is a polymer made by combining polyalcohols and polyacids through polycondensation process. Unsaturated Polyester Resins (UPR) are a form of polyester resin that may adopt the shape of a mold once they have been cured. UPR provides a higher level of strength and durability. UPR comes in a variety of forms, including orthophthalic resin, isophthalic resin, and dicyclopentadiene (DCPD) resin. Due to its improved advantages and superior features, UPRs are used in various sectors. Glass fiber reinforced plastics are made up of unsaturated polyester resin (UPR), a form of thermoset moulding resin (FRP). The market growth is driven by the growth in FRP, automotive, and composite manufacturing industries and high growth in construction and wind energy industries.
According to European Union statistics from 2018, about 6 lakh new houses will be built in Sweden and 3 lakh new houses will be built in Germany by 2025 to meet population demand, creating a significant opportunity for the use of unsaturated polyester resins in a variety of end-use applications in the coming years. Such indicators point to a growing future for the market. Furthermore, According to the UK-Housing Fit For Nature, about 1.5 million new houses are planned to be constructed by 2022, which, in fact, may increase the demand in the market. However, properties of unsaturated polyester resins change with its quality, may impede market growth over the forecast period of 2021-2027.
Geographically, Asia Pacific has been leading the unsaturated polyester resin market. Factor supporting the regional growth is low-cost labour, government efforts like Make in India, and the planned strategy for entrepreneurship development in India which offers chances in the industrial and infrastructural sectors. Furthermore, China is a fast developing country with a wide range of new uses. Also, the country provides low-cost raw resources, low-cost production, and the capacity to serve local growing markets.
Major market player included in this report are:
Interplastic Corporation
AOC
Crystic Resins India Pvt. Ltd
Zhangzhou Yabang Chemical Co. Ltd
Xinyang Technology Group
BASF SE
DIC Corporation
Scott Bader Company Ltd
SHOWA DENKO K.K.
Reichhold LLC
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By type:
Ortho-resins
Isoresins
Dicyclopentadiene (DCPD)
Other Types
By End user Industry:
Building and Construction
Chemical
Electrical and Electronics
Paints and Coatings
Transportation
Other End-user Industries
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Key Points Covered in this Report:
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
……..and view more in complete table of Contents
Key Market Features:
Major subjects like revenue, capacity, price, rate, production rate, gross production, capacity utilization, consumption, cost, CAGR, import/export, supply/demand, market share, and gross margin are all assessed in the research and mentioned in the study. It also documents a thorough analysis of the most important market factors and their most recent developments, combined with the pertinent market segments and sub-segments.
With regard to the COVID-19 Outbreak Impact Analysis:
- In light of COVID-19, the report examined market trends.
- On the basis of the upstream and downstream markets, the study examined COVID-19’s effects on the manufacturing industry’s supply chain.
- We examine how COVID-19 has affected diverse regions and significant nations.
- It is noted how COVID-19 will affect the industry’s future growth.
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