Unsaturated Polyester Resins Market to hit USD 15.89 billion by 2029, grow at a CAGR of +6.5% | Exactitude Consultancy
Unsaturated Polyester Resins Market Analysis Report by Type, by Application and by End Users: Global Opportunity Analysis and Industry Forecast 2023-2029
LUTON, BEDFORDSHIRE, UNITED KINGDOM, November 20, 2023 /EINPresswire.com/ -- “Exactitude Consultancy That Adds Flavour To Your Success”
The Global Unsaturated Polyester Resins Market Size, Scope, and Forecast 2023-2029 report has been added to the Market research collection of Exactitude Consultancy reports. Industry experts and researchers have offered an authoritative and concise analysis of the Unsaturated Polyester Resins Market with respect to various aspects such as growth factors, challenges, restraints, developments, and opportunities for growth. This report provides a pin-point analysis of changing dynamics and emerging trends in the Unsaturated Polyester Resins Market. Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Worldwide Unsaturated Polyester Resins Market in the coming years.
The global unsaturated polyester resins market is expected to grow at a 6.5% CAGR from 2023 to 2029. It is expected to reach above USD 15.89 billion by 2029 from USD 9.01 billion in 2022.
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Some of the key players profiled in the study are Polynt Composites USA Inc., Reichhold Inc., INEOS Group, Royal DSM, AOC, BASF SE, DOW Inc., LERG SA, Scott Bader Company Ltd., TIANHE RESIN CO., LTD., UPC GROUP, and Von Roll and other Prominent players.
Industry News and Updates:
In 2021, AOC announced that Lone Star Fund XI had completed the acquisition of AOC’s shares from CVC Capital Partners.
In February 2020, INEOS launched a new low-profile resin in North America for recreational vehicle and marine applications. Aerosol LP 67400 is developed to provide boat builders and RV makers with high strength and strong processing capabilities.
In July 2020, a deal is announced to sell Ashland’s maleic anhydride business to AOC Materials. UPR is made from maleic anhydride, which is a common raw material. As a result of this agreement, they will be able to increase their product line in unsaturated polyester resins.
Competition is an important issue in any market research analysis. With the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the Unsaturated Polyester Resins market. The major and emerging players of the Unsaturated Polyester Resins Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors. This will help players familiarize themselves with the movements of their toughest competitors in the Unsaturated Polyester Resins market.
The segmental analysis section of the report includes a thorough research study on key Type and application segments of the Unsaturated Polyester Resins market
Global Unsaturated Polyester Resins Market by Type, 2023-2029, (USD Million) (Kilotons)
Ortho Phthalic
Isophthalic
DCPD
Global Unsaturated Polyester Resins Market by End-Use Industry, 2023-2029, (USD Million) (Kilotons)
Building & Construction
Marine
Transportation
Pipes & Tanks
Artificial Stone
Wind Energy
Electrical & Electronics
If opting for the Global version of Unsaturated Polyester Resins Market; then the below country analysis would be included:
– North America (the USA, Canada, and Mexico)
– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland, and the Rest of Europe)
– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia, and the Rest of APAC)
The Asia Pacific region holds the largest share among others. Increased application in different end-use sectors such as automotive, marine, and construction & building is driving the Asia Pacific unsaturated polyester resins market. China has increased its production capacity for these polymers to increase revenue. In addition, the country offers low-cost raw materials, low-cost production, and the capacity to serve local emerging markets. A key element boosting the regional market is the increasing sale of unsaturated polyester resin-based composites in numerous end-use areas. They are investing in research to improve recycling methods and processing technologies to acquire a competitive advantage over their competitors.
– South America (Brazil, Argentina, Chile, Colombia, the Rest of the countries, etc.)
– the Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
Important years considered in the Unsaturated Polyester Resins study:
Historical year – 2018-2021;
Base year – 2022;
Forecast period** – 2023 to 2029 [** unless otherwise stated]
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Here's how Exactitude Consultancy helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The researchers analyse recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures.
Perfect Market Size Estimations: The report analyses the demographics, growth potential, and capability of the Unsaturated Polyester Resins market through the forecast period.
This factor leads to the estimation of the Unsaturated Polyester Resins market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular Unsaturated Polyester Resins market that will help the stakeholders to be aware of the current investment scenario across the market.
Reasons to Procure this Report:
The research would help top administration/policymakers/professionals/product advancements/sales managers and stakeholders in this market in the following ways.
The report provides Unsaturated Polyester Resins market revenues at the worldwide, regional, and country levels with a complete analysis to 2029 permitting companies to analyze their market share and analyze projections, and find new markets to aim for.
The research includes the Unsaturated Polyester Resins market split by different Types, applications, technologies, and end-uses. This segmentation helps leaders plan their products and finances based on the upcoming development rates of each segment.
Unsaturated Polyester Resins market analysis benefits investors by knowing the scope and position of the market giving them information on key drivers, challenges, restraints, and expansion chances of the market and moderate threats.
This report would help to understand competition better with a detailed analysis and key strategies of their competitors and plan their position in the business.
The study helps evaluate Unsaturated Polyester Resins business predictions by region, key countries, and top companies’ information to channel their investments.
What is new in 2023?
- Major developments that can change the business landscape as well as market forecasts.
- Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.
- Coverage of new market players and change in the market share of existing players of the Unsaturated Polyester Resins market.
- Updated financial information and product portfolios of players operating in the Unsaturated Polyester Resins market.
- Updated market developments of the profiled players.
- Any new data points/analysis (frameworks) which was not present in the previous version of the report
The new edition of the report consists of trends/disruptions on customer’s business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Unsaturated Polyester Resins.
Customization services available with the report:
- Country level market for Unsaturated Polyester Resins market (up to 5)
- Profiling and additional market players (up to 5)
- Up to 40 hours of customization.
- post-sales support for 1 year from the date of delivery.
Please contact our sales professional ( sales@exactitudeconsultancy.com ), we will ensure you obtain the report which works for your needs.
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