Lewes, DE -- (SBWire) -- 12/27/2018 --Global Unsaturated Polyester Resins (UPR) market will register a 7.8% CAGR in terms of revenue, reach US$ 13200 million by 2023, from US$ 8380 million in 2017.
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.
Unsaturated polyester resin is produced first by esterificating diacid and diol to polymer form, then using styrene monomer to dissolve polymer into syrup form resin creating unsaturated polyester resin, this is what we called UPR.The advantages of UPR are easy blinding with filler and create excellent properties under room temperature with normal pressure. After applying pressure with heat, UPR can be formed into high hardness products with excellent mechanical properties. UPR has distinct properties in weather resistance, chemical resistance, water resistance and cold resistance. UPR is widely used in soft mold casting, button, boards, artificial marble, furniture, corrugated roofing, storage tanks, pipe line, yachts, fishing rods and many other construction FRP materials.
Due to abundant raw material resource and mature technology, there are many suppliers all over the world. The market is fragmented on a global level with the top four companies accounting for less than 25% of the market in 2017. Key global participants in the market include Ashland, DSM, Polynt-Reichhold and Yabang. During them, Polynt-Reichhold is the global leader.
During past five years, global UPR consumption had varied from 4253.1 K MT in 2013 to 5028.8 K MT in 2017, with a CAGR of 4.28%. In 2017, the largest consuming region was Asia, followed by North America and Europe; China was the largest consuming country, with 44.05% of the total.
Over the next five years, study projects that Unsaturated Polyester Resins (UPR) will register a 7.8% CAGR in terms of revenue, reach US$ 13200 million by 2023, from US$ 8380 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Unsaturated Polyester Resins (UPR) market by product type, application, key manufacturers and key regions.
To calculate the market size, study considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Orthophthalic
Isophthalic
Dicyclopentadiene (DCPD)
Other
Segmentation by application:
Construction Industry
Automotive Industry
Shipbuilding Industry
Other Composites
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Ashland
DSM
Polynt-Reichhold
AOC
U-Pica
Japan Composite
Yabang
Tianhe Resin
Changzhou Fangxin
Zhaoqing Futian
Jiangsu Fullmark
Changzhou Huari
Zeyuan Chemical
Guangdong Huaxun
Luxchem Polymer Industries
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Unsaturated Polyester Resins (UPR) consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Unsaturated Polyester Resins (UPR) market by identifying its various subsegments.
Focuses on the key global Unsaturated Polyester Resins (UPR) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Unsaturated Polyester Resins (UPR) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Unsaturated Polyester Resins (UPR) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Spanning over 160 pages "Forecast of Global Unsaturated Polyester Resins (UPR) Consumption Market 2023" report covers Scope of the Report, Executive Summary, Global Unsaturated Polyester Resins (UPR) by Players, Unsaturated Polyester Resins (UPR) by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Unsaturated Polyester Resins (UPR) Market Forecast, Key Players Analysis, Research Findings and Conclusion.
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