According to a market report by Lucintel, the future of the global unsaturated polyester resins in indian composites market looks promising with opportunities in the beauty and personal care market. The global unsaturated polyester resin market is expected to reach an estimated $671.0 million by 2030 from $444.3 million in 2023, at a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are growing infrastructural investments and rehabilitation of old infrastructural projects and increasing need for lightweight products with ease of handling, transportation, and installation.
Browse 116 figures / charts and 156 tables in this 233 -page report to understand trends, opportunity and forecast in unsaturated polyester resin market to 2030 by end use (transportation, marine, wind energy, aerospace, pipe and tank, construction, electrical and electronics, consumer goods, non-FRP, gelcoat, and others), product type (orthophthalic, isophthalic, DCPD, and others), manufacturing process (hand layup, spray-up, filament winding, compression molding, RTM/injection Molding, pultrusion, and others), and region (North America, Europe, Asia Pacific, and Rest of the World).
Lucintel forecasts that construction will remain the largest segment and wind energy is expected to witness highest growth over the forecast period due to its various advantage like; corrosion resistance, high strength-to-weight ratio, low maintenance, and a longer lifecycle as compared to other traditional materials.
Hand layup is expected to remain the largest manufacturing process segment because it is the most basic and versatile process among all the fabricating processes.
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APAC will remain the largest region and it is also expected to witness highest growth over the forecast period due to rapid industrialization, increasing urbanization, and growing per capita income in the emerging countries is giving rise to residential and commercial construction and growing investment in water and wastewater infrastructure.
Polynt Group, AOC, Ineos Composites, Reliance Industries Limited, Scott Bader (Satyen Polymers), Natural Petrochemicals Pvt. Ltd are the major suppliers in the unsaturated polyester resin market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
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