Unsaturated polyesters are condensation polymers formed by the reaction of polyols (also known as polyhydric alcohols), organic compounds with multiple alcohol or hydroxy functional groups, with saturated or unsaturated dibasic acids. Unsaturated Polyester Resins are designed for a wide range of temperature applications such as refrigerated enclosures and hot water geysers, among others. Unsaturated polyester resin are used for manufacturing a wide variety of products, such as sanitary ware, pipes, tanks, and high-performance components for the marine, construction, and automotive industries. UPRs are preferred over metallic counterparts, such as steel and aluminum, owing to ease of design & fabrication and cost-effectiveness.
Global Unsaturated Polyester Resin Market: Key Players
The research study includes profiles of leading companies operating in the global unsaturated polyester resin market. Key players profiled in the report include: Reichhold Inc., Ashland Inc., Royal Dsm, Polynt, Aoc Llc, Basf Se, U-Pica Company Ltd., Upc Technology Corp., Nuplex Industries Ltd. and Scott Bader Company Ltd. In October 2015, Polynt launched a cost-effective, pre-accelerated bonding paste, Gravicol, based on Unsaturated Polyster Resin Market. This is expected to cater the demand for unsaturated polyester resin and strengthen the company’s position in the global market.
Drivers for the Global Unsaturated Polyester Resin Market:
The increased demand for expansion of the construction industry, increasing urban population, recovery of the global economy, and growth in the composite industry are some of the major attributes for the growth of the market for the estimated forecasts period.
Opportunities for the Global Unsaturated Polyester Resin Market:
Some of the factors such as increased in demand for the unsaturated polyesters in the developing nations and increased need for the unsaturated polyesters in the constructions is also likely to boost the growth of the market for the estimated forecasts period.
Restrains for the Global Unsaturated Polyester Resin Market:
Some of the factors such as presence of alternatives and the availaibility of other resins is also likely to restrict the growth of the market for the estimated forecasts period. In addition, fluctuations in cost of raw materials, such as glycols, maleic anhydride, and styrene, among others, is expected to restrain the growth of the world UPR market during the forecast period.
Region Wise, Global Unsaturated Polyester Resin Market Analysis:
North America anticipated having the largest share in the market. This can be attributes to the rapid urbanization, increased demand for constructions are some of the major attributes for the growth of the market for the estimated forecasts period.
Global Unsaturated Polyester Resin Market: Product Analysis
- Orthophthalic polyesters
- Isophthalic polyesters
Global Unsaturated Polyester Resin Market: Application analysis
- Building & construction
- Tanks & pipes
- Artificial stones
Global Unsaturated Polyester Resin Market: Region Analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
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