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Global Unsaturated Polyester Resin Market TOC
Product {Dicyclopentadiene (DCPD), Orthophthalic, and Isophthalic}
By the end of 2035, the isophthalic segment in the unsaturated polyester resin market is anticipated to garner the largest revenue of USD 10.38 Billion and is further expected to grow at the fastest CAGR of 6.4% during the forecast period. Isophthalic resin is the widely used resin for corrosion-resistant structures. Besides, it is primarily used for the manufacturing of moldings and laminates, which are highly resistant to chemicals and heat, but it can also be used in other areas such as construction materials or exterior decorating. It is, however, most expensive than other types of molding materials and is not easy to handle due to its high styrene content i.e., 42% to 50%.
End User (Building & Construction, Tanks & Pipes, Electrical, Marine, Transport, Paints & Coatings)
The tanks & pipes segment is expected to grow at the fastest CAGR of 7.4% during the upcoming years. Unsaturated polyester resins are used for manufacturing fiber-reinforced plastic (FRP) which is reinforced with glass fiber used for water tanks, septic tanks, tanks, and pipes. In addition, there has been increasing use of tanks and pipes in chemical plants, agriculture, and pipeline construction.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Smruti Ranjan, Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
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