A Comprehensive Study exploring Unsaturated Polyester Resins Market
Stratview Research delivers key insights on the global Unsaturated Polyester Resins Market.
The report also covers the Covid
impact on the market. Covid-19 has impacted the market dynamics, competition,
and global supply chain. The revenues have gone down in 2021 and an uptrend is
witnessed from 2022.
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report here:
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Market Insights
The Unsaturated
Polyester Resins Market was accounted for US$ 730.4 Mn in terms of value
in 2021 and is expected to grow at CAGR of 9.0% for the period 2022-2028.
Profiling Key Companies –
Reichhold Inc.
Ashland Inc.
Koninklijke DSM N.V.
Polynt Group
Aoc LLC
BASF SE
U-Pica Company Ltd.
UPC Technology Corp.
Nuplex Industries Ltd.
Scott Bader Company Ltd.
Growth drivers and Market Value:
This report, from Stratview Research, studies the Unsaturated
Polyester Resins Market value and growth drivers over the trend period of
2022-27. According to the report -
Unsaturated polyester resins market is likely to witness an
impressive CAGR of 6.2% during the forecast period. The market for unsaturated
polyester resins is lucrative with the rising demand from manufacturing
industries of boat and ship building, wind blades, electrical &
electronics, windmills, automotive applications, and sanitary ware.
Segment Analysis:
Based on Form Type:
Based on the type, the market has been segmented as orthophthalic
resins, isophthalic resins, dicyclopentadiene (DCPD) resins, and others. It is
estimated that orthophthalic resins would lead the market in the coming five
years, owing to their rich properties, such as cost-effectiveness, durability,
and chemical tolerance. They are extensively used in manufacturing of hulls and
decks of boats, wind blades, and land transportation components which drive the
market globally.
Based on Region:
In terms of regions, Asia-Pacific is expected to remain the
largest market for unsaturated polyester resins in the coming five years, by
value and volume. China and India will be the growth engines of the region. The
market is driven by the increasing demand for infrastructural developments
during the forecast period. North America is also expected to be the largest
market in the coming five years.
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Covid Impact
This informative research report also
includes the most recent global events concerning the coronavirus pandemic. The
report provides a detailed analysis of the pandemic's impact and the industry's
economic scenario. The report consists of tables, graphs, charts, figures, and
diagrams, that are used to graphically represent important statistical
information.
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Appropriate market trend and forecast
analysis.
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All-inclusive report
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Decent price-performance ratio
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Reliable data
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Attractive market segments and associated
growth opportunities.
Custom Research:
Stratview research offers custom
research services across the sectors. In case of any custom research
requirement related to market assessment, competitive benchmarking, sourcing
and procurement, target screening, and others, please connect with our experts
at +1-313-307-4176.
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