Title: World Unsaturated Polyester Resin Market Analysis, Growth, Demand, Opportunities and Forecasts, 2014 -2020
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Unsaturated Polyester Resin Market
Size, Share, Global Trends, Company Profiles,
Demand, Insights, Analysis, Research, Report,
Opportunities, Segmentation and Forecast, 2014 -
2020
Upcoming Date July-2015 Category Materials and
Chemicals
2REPORT OVERVIEW
Unsaturated Polyester Resins are chemicals
manufactured by condensation reaction between
acids such as Phthalic Anhydride, Maleic
Anhydride, Isophthalic Acid and glycols such as
Mono-ethylene Glycol, Propylene Glycol, and
Di-ethylene Glycol. This chemical is used in
varied industries such as electrical, marine,
transport, construction and many more. Lifestyle
changes, increasing urbanization and growth in
the construction industry are key factors driving
this market. Rising demand for pipes and tanks to
store chemicals is another crucial factor that is
influencing the market. Raw material utilized in
manufacturing of unsaturated polyester resin is
growing in cost and this is hindering the
manufacturing cost, thus limiting the growth of
the market. Environmental regulations are other
crucial factors restricting growth. Application
of unsaturated polyester resin in fiberglass
manufacturing is further creating opportunities
for application of this chemical. Unsaturated
Polyester Resin Product Market Analysis Based on
products, global unsaturated polyester market is
segmented into Orthopthalic, Isopthalic, DCPD,
and Others. At present, Orthopthalic products are
used in a large scale therefore, it dominates
the product market. It holds about one third of
the product market share in the current market
scenario. The demand for this product is expected
to remain constant during the forecast period due
to its versatility and favorable characteristics
that makes it suitable for various applications.
3REPORT OVERVIEW
Unsaturated Polyester Resin Application Market
Analysis The application market is segmented into
building and construction electrical, tanks and
pipes, transport, marine, artificial stones and
others. In the current business scenario,
building and construction has a hold on the
largest fragment of the market and is the leading
application segment. Extensive use of polyester
resin in concrete, composites, roofing and
reinforcements is the major driving force for the
application of this chemical in construction
industry. The demand for unsaturated polyester
resin in the market is expected to increase
during the forecast period, fueled by demand for
this chemical in marine applications. Resistance
and hydrolytic stability are two key factors that
would lead to future growth. Unsaturated
Polyester Resin Geography Market
Analysis Geographically, this market is segmented
into North America, Asia Pacific, Europe and
LAMEA. Currently, North America holds the largest
share in the global unsaturated polyester resin
market. Asia Pacific holds the second position in
the global market. However, APAC is expected to
witness the fastest growth rate during the
forecast period. Key reason for this growth would
be the rising demand for unsaturated polyester
resin in building and construction industry.
Rising demand for tanks and pipes would also
assist in its growth.
4KEY BENEFITS
- Analysis of the unsaturated polyester resin
market based on various segments such as
products, technology, application and geography
is expounded in the report - To study the various factors that are enhancing
and restraining the growth of the market that
would help the market players in deeply
understanding the market - Qualitative as well as quantitative analysis of
the current market conditions coupled with future
estimations through 2014-2020 would help
stakeholders take strategic and profitable
decisions - Geographic analysis of the market would help the
companies to plan and take region based decisions - Porters five forces model helps to understand
the bargaining power of buyers and suppliers and
threat of the new entrants - Analysis of the captivating strategies adopted by
the market players is conducted and that would
assist the stakeholders to take actionable
decisions
5MARKET BY APPLICATION
6MARKET BY PRODUCT TYPE
- Orthopthalic
- Isopthalic
- DCPD
- Others
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aturated-polyester-resin-market
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