Unsaturated Polyester Resins Market

Market Leader - Unsaturated Polyester Resins Market

Unsaturated Polyester Resin (UPR) market is projected to grow from USD 9.6 billion in 2021 to USD 12.9 billion by 2026, at a CAGR of 6.1% between 2021 and 2026. The driving factor for the UPR market are high growth in construction and wind energy industries, growth in end use industries like FRP, automotive, & composites manufacturing, and affordability of UPR over other resin.

The companies are majorly following merger & acquisition and new product development as the strategies to grow and expand the market. The key players following the strategies between 2016 to 2021 are Polynt-Reichhold Group (US), INEOS Composites (UK), LERG SA (Poland), SHOWA DENKO K.K. (Japan) and AOC (US). Following these strategies are helping the companies to strengthened their market position and increase their presence in emerging countries.

To know about the assumptions considered for the study download the pdf brochure

Polynt-Reichhold Group is one of the largest producers of specific polymer intermediaries, dibasic acid, UPR, compounds, composites, and special esters. The products are segmented into five categories: special-purpose plasticizers, resins & compounds, maleic anhydride & catalysts, phthalic anhydride & general-purpose plasticizers, and special esters. The company’s products are serving the end-use industry like electrical & electronic materials, construction, transportation, food & fragrances, consumer goods, and household applications with 41 plants around the world. In May 2017, Polynt and Reichhold completed its merger to create a global specialty chemicals group. This has made the group a top player of the UPR industry.

AOC is the leading global supplier of specialty resins and solutions as it provides products and components for applications in coatings and protective barriers, colorants and visual effects, adhesives and specialties, and composite resins. The company operates globally through its subsidiaries, such as AOC India Pvt. Ltd. (India), AOC Ltd. (UK), AOC Canada Inc. (Canada), and AOC Mexicana S.A. De C.V. (Mexico). The company has followed merger and acquisition strategy to become one of the key leader of UPR market. In August 2018, AOC  and Aliancys announced the official creation of a new combined company named AOC Aliancys, which will be a global supplier of polyester and vinyl ester resins, gel coats, and other materials used in the composites industry. In addition, in July 2020, AOC has acquired Maleic anhydride business of Ashland with USD 100 Million deal size which will help them to expand its product range in unsaturated polyester resins.

Related Reports:

Unsaturated Polyester Resins Market by Type (Ortho phthalic, Isophthalic & DCPD), End-Use Industry (Building & Construction, Marine, Transportation, Pipes & Tanks, Artificial Stone, Wind Energy, Electrical & Electronics) & Region - Global Forecast to 2026

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
CH 1348
RI Published ON
9/2/2021
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Unsaturated Polyester Resins Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2021 MarketsandMarkets Research Private Ltd. All rights reserved