Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Unsaturated Polyester Resin Market size was USD 11.9 billion in 2024 and is estimated to reach USD 23.5 billion by the end of 2037, expanding at a CAGR of 6.8% during the forecast period, i.e., 2025-2037. In 2025, the industry size of unsaturated polyester resins is evaluated at USD 12.6 billion.
The unsaturated polyester resin sales are expected to increase at a high pace in the coming years. The growth in the construction, automotive, and electronics sectors worldwide is pushing the demand for unsaturated polyester resins. The robust investments in smart city projects, including bridges, structures, and water treatment facilities, are fueling the consumption of high-performance materials & chemicals. According to the analysis by the Bureau of Economic Analysis (BEA) in the U.S., the fixed investment in nonresidential structures rose by 6.3% year-over-year in 2024. Such developments are accelerating the use of fiber-reinforced composites in pipelines and panels. Unsaturated polyester resins (UPR) are manufactured through petroleum-based intermediates. The change in their supply chain activities influences the overall production of UPR. The U.S. Energy Information Administration (EIA) reveals that between Q1 2023 and Q1 2024, styrene feedstock prices increased by 4.9%. This impacted the input costs across resin production units. Furthermore, the collaborations with raw material suppliers, unsaturated polyester resin manufacturers are expected to gain stability in the coming years.
