Unsaturated Polyester Resin Market Size, Share and Forecast 2014 to 2021
Research Report on Global Unsaturated Polyester Resin Market 2014 to 2021 added by DecisionDatabases.com studies the current and upcoming Market Size, Share, Demand, Growth, Trend and Forecast.
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Unsaturated polyester resins are chemicals which are manufactured by condensation reaction between acids and glycols. They have properties such as high physical strength, weather resistance and heat distortion temperature. They are used in the manufacturing of variety of products such as boat and ships, wind blades, electrical windmills, automotive applications, sanitary wares, fiberglass reinforced plastics, and non-reinforced plastics.
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The unsaturated polyester resin is classified according to product as orthophthalic, isophthalic, DCPD and others (including vinyl esters, terephthalic esters, etc.). Orthophthalic segment has the greatest market share in the product market as it is used in varied industrial applications. DCPD segment is expected to grow during the forecast period. The key drivers of unsaturated polyester resin are changing lifestyle, increasing urbanization and growth in the real estate industry in developing nations. The increasing demand for pipes and tanks in chemical industry is expected to fuel the market. The demand for unsaturated polyester resin is increasing in marine applications due to resistance and hydrolytic stability. The key constraints of this market are volatile raw material prices, high cost of manufacturing and environmental regulation.
Major player assessed in the report are :
– AOC Resins
– Ashland Inc.
– BASF SE
– CCP Composites
– Changzhou New Solar Co. Ltd.
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
SEGMENTATIONS IN REPORT :
1. Unsaturated Polyester Resin By Product :
– Others (Including Vinyl Esters, Terephthalic Esters, Etc.)
2. Unsaturated Polyester Resin By Application :
– Building & Construction
– Tanks & Pipes
– Artificial Stones
– Others (Including Aerospace, Wind Energy, Etc.)
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The report on global powder polyester resins market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2015–2022.
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