Lucintel's latest market report analyzed that unsaturated polyester resin provides attractive opportunities in the beauty and personal care market. The unsaturated polyester resin market is expected to reach $16 billion by 2028 with a CAGR of 3.9%. In this market, construction is the largest segment by end use, whereas hand layup is largest by manufacturing process. Low styrene content unsaturated polyester resin and increasing use of ecofriendly unsaturated polyester resin provides strategic growth path in this market.
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Based on end use, the unsaturated polyester resin market is segmented into transportation, marine, wind energy, aerospace, pipe and tank, construction, electrical and electronics, consumer goods, non-FRP, gelcoat, and others. The construction segment accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during the forecast period, due to increasing residential and commercial construction and growth in remolding activities.
Browse in-depth TOC on “Unsaturated Polyester Resin Market”
156 – Tables
116 – Figures
233 – Pages
The Unsaturated Polyester Resin Market is marked by the presence of several big and small players. Some of the prominent players offering unsaturated polyester resin include PolyntReichhold, AOC, Ashland (INEOS Enterprises), Xinyang Technology Group, Tianhe Resin Company Ltd.
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