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Unsaturated Polyester Resins Market Forecast Highlighting Growth From $12.74 Billion To $7.2 Billion
The market for unsaturated polyester resins has witnessed significant expansion over recent years. Its value is projected to grow from $11.82 billion in 2025 to $12.74 billion in 2026, showing a compound annual growth rate (CAGR) of 7.8%. Historically, this expansion has been fueled by elements such as advancements in the construction sector, the broadening of marine production, an increase in the use of composites, the supply of economical resins, and a surge in infrastructure initiatives.
The unsaturated polyester resins market is anticipated to experience significant expansion in the coming years. It is projected to reach $16.8 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 7.2%. This expected growth during the forecast period can be attributed to various factors, including the increasing presence of renewable energy installations, a rise in electric vehicle manufacturing, a greater need for corrosion-resistant materials, innovations in composite processing, and the expansion of the transportation sector’s manufacturing capabilities. Key trends foreseen over this period involve the growing application in fiber-reinforced plastics, a robust demand from marine sectors, greater integration into automotive parts, an expanding utilization of these resins in wind energy systems, and an intensified emphasis on lightweight composite materials.
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Unsaturated Polyester Resins Market Growth Momentum: Which Factors Are Influencing Demand?
The anticipated rise in natural gas output is expected to drive the growth of the underground natural gas storage market going forward. Natural gas primarily consists of methane (CH4), along with trace amounts of other hydrocarbons such as ethane, propane, and butane, making it a cleaner alternative to other fossil fuels. The demand for natural gas is increasing due to various factors, including the transition to cleaner energy, industrialization, and energy security. Underground storage addresses natural gas fluctuations by storing excess gas during low-demand periods and withdrawing it during peak times, thereby ensuring a stable supply and pricing. It also enhances grid stability and supports renewable energy integration by providing backup when renewable generation is low. For instance, in September 2024, the Energy Information Administration (EIA), a US-based government administration, reported that US dry natural gas production in 2023 reached 37.8 trillion cubic feet (Tcf), or 103.6 billion cubic feet per day (Bcf/d), marking a 4.3% increase from the 2022 level of 99.3 Bcf/d. Therefore, the expanding production of natural gas will fuel the underground natural gas storage market.
Unsaturated Polyester Resins Market Segment Breakdown: Which Categories Generate The Most Revenue?
The unsaturated polyester resins market covered in this report is segmented –
1) By Type: Orthophthalic Resins, Isophthalic Resins, Dicyclopentadiene
2) By Form: Liquid Form, Powder Form
3) By End-User: Building And Construction, Automotive, Marine, Pipes, Ducts And Tanks, Wind Energy, Electrical And Electronics, Other End-Users
Subsegments:
1) By Orthophthalic Resins: General-Purpose Orthophthalic Resins, Reinforced Orthophthalic Resins
2) By Isophthalic Resins: High-Performance Isophthalic Resins, Specialty Isophthalic Resins
3) By Dicyclopentadiene Resins: Dicyclopentadiene-Based Resins for Composites, Dicyclopentadiene-Based Resins for Coatings
Unsaturated Polyester Resins Market Trends Reshaping Industry Growth
Leading companies in the unsaturated polyester resins market are focusing on developing innovative bio-based unsaturated polyester resins. This effort aims to lessen environmental impact, boost sustainability in production processes, fulfill growing regulatory demands for eco-friendly materials, and provide manufacturers with high-performance alternatives that align with increasing consumer preference for greener products. Bio-based unsaturated polyester resin is a synthetic polymer primarily derived from renewable resources like natural oils, starches, or other plant-based materials, rather than traditional petroleum sources. For instance, in October 2024, Exel Composites, a Finland-based company that manufactures pultruded and pull-wound composite solutions, introduced a new bio-based unsaturated polyester resin designed to enhance sustainability in composite manufacturing. This innovative resin is sourced from renewable resources, presenting an environmentally friendly option compared to traditional petroleum-based resins. It is particularly apt for applications in the automotive and transportation sectors, where reducing carbon footprints is a key focus. The new resin upholds high performance and durability standards, making it an attractive choice for manufacturers seeking to adopt greener materials while simultaneously meeting industry demands for quality and efficiency.
Unsaturated Polyester Resins Market Key Players And Strategic Industry Positioning
Major companies operating in the unsaturated polyester resins market are DOW Inc, BASF SE, INEOS Group Holdings S.A., SABIC, UPC Technology Corporation, Eternal Materials Co. Ltd, Polynt Group S.A.R.L., Mitsubishi Gas Chemical Company Inc, DIC Corporation, Scott Bader Company Ltd, Interplastica Pvt. Ltd., Poliya Composites Resins, Polymers India Private Limited, Reichhold India Private Limited, Scott Bader India Private Limited, Swancor India Private Limited, Zhejiang Tianhe Resin Co Ltd, Jiangsu Fullmark Chemicals Co. Ltd, Hubei Phoenix Chemical Company Ltd, CIECH Sarzyna, BÜFA Composites, LERG SA, Orson Resins and Coatings Private Limited (ORCPL), Mader Composites France M.C.F, Euroresins SAS, Ashland Inc., Interplastic Corporation, Pacific Materials Inc, AOC Resins, NCS Resins, KZN Resins
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Unsaturated Polyester Resins Market Geographic Distribution And Regional Opportunities
Asia-Pacific was the largest region in the unsaturated polyester resins market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the unsaturated polyester resins market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
