The Unsaturated Polyester Resin (UPR) Market for Composites Will Reach $7.97 Bn in 2016

Thursday 29 September 2016, Amsterdam

A new report, now available on ASDReports, calculates that the global unsaturated polyester resin (UPR) market for composites will reach $7.97 billion in 2016. This forecast and others appear in the Unsaturated Polyester Resin (UPR) for Composites Market Report 2016-2026: Global Forecasts by Product (Orthopthalic, Isopthalic, Dicyclopentadiene (DCPD), Other Products) Analysis of Use in Carbon Fibre (CFRP), Glass Fibre (GFRP), Aramid Fibre Reinforced Plastics (AFRP) and Applications (Aerospace / Aircraft, Automotive / Transport, Buildings / Construction, Pipes / Tanks, Wind Energy, Consumer Goods, Electrical / Electronics, Marine, Other).
The consumption of UPR for composites has increased significantly in recent years and is expected to grow at a more rapid pace during the coming decade.
The UPR for composites market has been dominated by China, accounting for over a third of the global market. Other Asian markets such as Japan and India are also expected to expand rapidly, outperforming the global trend. Moreover, we predict strong growth of DCPD and orthopthalic UPR products clustered in the Asia Pacific region.

For 2016, The key player forecasts the global UPR for composites market to be worth $7.97bn. The key player also estimates the global consumption of UPR for composites to reach 5.32 million tonnes this year. In the long term, the prospects for UPR for composites will remain bright, due to heavy use in the transportation and construction sectors.

This 169 page report contains 172 tables, charts and graphs that add visual analysis in order to explain developing trends within the market. The key player provides forecasts for the period 2016 to 2026 in terms of consumption (mt) and value ($bn) for the UPR market for composites. In addition, 13 national markets and four product segments are forecasted and analysed over the period 2016 to 2026. The report also provides profiles of eight leading companies operating within the market such as BASF, Dow Chemical Company, DSM and Ashland Inc.