Global Unsaturated Polyester Resin Market Size & Outlook
Global unsaturated polyester resin market, 2018-2030 (US$M)
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Global unsaturated polyester resin market highlights
- The global unsaturated polyester resin market generated a revenue of USD 12,985.4 million in 2023 and is expected to reach USD 20,986.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.1% by 2030.
- In terms of segment, orthopthalic accounted for a revenue of USD 4,558.0 million in 2023.
- DCPD is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 12,985.4 million |
| Market revenue in 2030 | USD 20,986.2 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Orthopthalic |
| Fastest growing segment | DCPD |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | DCPD, Orthopthalic, Isopthalic |
Other key industry trends
- In terms of revenue, the North America accounted for 16.1% of the global unsaturated polyester resin market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 640.0 million by 2030.
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Unsaturated Polyester Resin Market Scope
Unsaturated Polyester Resin Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global unsaturated polyester resin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to unsaturated polyester resin market will help companies and investors design strategic landscapes.
orthopthalic was the largest segment with a revenue share of 35.1% in 2023. Horizon Databook has segmented the Global unsaturated polyester resin market based on dcpd, orthopthalic, isopthalic covering the revenue growth of each sub-segment from 2018 to 2030.
The use of composite materials is increasing in industries including building & construction, transportation, industrial, sports & recreation, and others. Composite materials offer various advantages such as low material cost, chemical and corrosion resistance, flexibility in component designing, and electrical insulation over the conventional materials such as metals and concrete components.
Composite materials are used to produce frames, panels, interior components, and various other components used in automotive, transportation, agriculture, and construction industries. In electrical &electronics industry, unsaturated polyester resin composites are used for manufacturing microwave antennas, substation equipment, printed wiring boards, and standoffs & pole line hardware.
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Target buyers of Global unsaturated polyester resin market databook
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Our clientele includes a mix of unsaturated polyester resin market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global unsaturated polyester resin market , including forecasts for subscribers. This global databook contains high-level insights into Global unsaturated polyester resin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global unsaturated polyester resin market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Unsaturated polyester resin market size, 2023 (USD Million)
Top 10 countries: Unsaturated polyester resin market size, 2023 (USD Million)
Global unsaturated polyester resin market, by region, 2023 (US$M)
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