Unsaturated Polyester Resins Market worth $12.2 billion by 2021

(IT-NEWSWIRE.COM, March 18, 2020 ) The global Unsaturated Polyester Resins Market is expected to grow from USD 9.2 billion in 2016 to USD 12.2 billion by 2021, at a CAGR of 5.8%. The growth in this market is driven by the high growth in construction, wind energy, fiber-reinforced plastic (FRP), automotive, and composite manufacturing.

Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=891

Building & Construction was the largest end-use industry of the UPR market

In 2015, the building & construction industry accounted for the largest share of the global UPR market. UPR has found widespread applicability in the construction sector, as it is utilized in fiber-reinforced plastics (FRP), artificial stones, marbles, granites, putties, among other end uses.

Building & construction is the most important end-use segment of the UPR market, as substantial investments are being made in emerging economies in the infrastructure sector, which, in turn, has propelled the development of the construction industry. Therefore, the rapid expansion of the building & construction industry in India, China, South Africa, the UAE, and Brazil has influenced the growth of the UPR market.

Orthophthalic resin is expected to be the largest as well as fastest-growing type in the UPR market

Based on type, the orthophthalic resin type was estimated to lead the global UPR market in 2016, in terms of value and volume. It possesses different properties, including high flexibility and excellent tensile strength.

In terms of cost, toughness, and chemical resistance, orthophthalic resins are advantageous in comparison with other resins, such as DCPD, terephthalic, and isophthalic. They are used commonly in hulls and decks of boats, land transport components, molding, wind blade manufacturing, FRP structures, laminating resins, and other applications including adhesives, castings, buttons, flooring materials, composites, encapsulation, filler pastes, gel coats, polymer concrete, tooling, pigment pastes, putties, and fire-retardant & anti-corrosion coating.

Don't miss out on business opportunities in Unsaturated Polyester Resins Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=891

Browse in-depth TOC on "Unsaturated Polyester Resins Market”
75 - Market Data Tables
50 - Figures
143 - Pages

Asia Pacific is expected to be the largest UPR market

Asia Pacific is projected to be the largest UPR market. In this region, China and India are considered to be the biggest consumers of UPR. Key driving factors of the UPR market in the Asia Pacific region include rapid industrialization in India, China, Indonesia, Malaysia, among other Asian countries and large population in the region (close to 39% of the global population lives in China, India, and Japan).

AOC LLC (US), Ashland Inc. (US), Reichhold Inc. (US), BASF SE (Germany), Royal DSM (Netherlands), Scott Bader (UK), and U-Pica Technology Group (Japan), are among the key active players in the UPR market.

Get This Report @ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=891

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

MarketsandMarkets™

Mr. Sanjay Gupta

1-888-600-6441

raviraj.tak@marketsandmarkets.com

Source: EmailWire.Com

Source: EmailWire.com

Technology News & Search Engine

Unsaturated Polyester Resins Market worth $12.2 billion by 2021