Unsaturated Polyester Resin Manufacturers
The unsaturated polyester resin market is likely to exceed USD 3 billion in the coming years. The building & construction industry is anticipated to witness significant growth over the next few years, with the demand for the product bolstered by FDI policies and rapid urbanization. Additionally, the growth of the chemical industry is expected to contribute to the market’s revenue. However, there are a number of challenges in the global unsaturated polyester resin market.
The global unsaturated polyester resin market is estimated to reach 7.5 million tons by 2022. This product has numerous applications in the building and construction industry, including concrete and composites of household structures. Furthermore, the global construction market is driven by the rapid development of infrastructure in the BRICS and Middle East countries, which is projected to support the market growth over the next eight years. The increase in demand for fiber-reinforced plastic tanks is also expected to boost the market growth over the next eight years.
The unsaturated polyester resin market is primarily driven by applications in the electronics, building, and manufacturing industries. The increasing demand for non-residential construction projects and a strong economy are two factors contributing to the growth of this market. The product is also highly resistant to various chemicals, making it ideal for a variety of construction applications. The industry has seen strong growth over the past several years, and it’s expected to continue to grow in the future.
Among the various resin types, orthophthalic polyester resin is the most commonly used and cheapest type. It’s also more resistant to chemicals and weathering. This product is becoming more popular in the resin industry. Its low cost, toughness, and durability are all advantages over other forms of plastic. It’s also used in 3D printing, and resin is gaining importance in the automotive industry.
The unsaturated polyester resin market is booming worldwide. Its properties include a variety of benefits for a variety of applications. It is highly cost-effective compared to metal, and it can be designed and manufactured easily. Depending on the chemical structure, it can be used in various applications. The most popular types of this resin are aerospace-related materials. The unsaturated polyacid is a more durable and pliable type of unreactive material.
The unsaturated polyester resin is a linear polymer compound with an unsaturated double bond in its main skeleton chain. It is used in coil coatings, bulk molding compounds, and laser printers. In addition to the above, unsaturated polyester resin is also helpful for various other applications. It has a long shelf life and is more economical than saturated polyester resin.
