Get the latest insights on price movement and trend analysis of Unsaturated Polyester Resin in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Unsaturated Polyester Resin In April 2025, the Price Index for Unsaturated Polyester Resin (UPR) in North America remained largely stable, supported by steady feedstock costs and moderate downstream consumption from construction and marine sectors.

The Unsaturated Polyester Resin Market Report Segments the Industry by Type (Ortho-Resins, Isoresins, and More), Raw Material (Maleic Anhydride, Phthalic Anhydride, Propylene Glycol, and More), Form (Liquid and Powder), End-User Industry (Building and Construction, Chemical, Electrical and Electronics, and More), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa).

Global Unsaturated Polyester Resin market size was $12.41 Billion in 2022 and it is forecasted to reach $20.13 Billion by 2030. Unsaturated Polyester Resin Industry's Compound Annual Growth Rate will be 6.2% from 2023 to 2030. Factors Affecting Unsaturated Polyester Resin market growth

The growing industrial usage drives the Unsaturated Polyester Resins Market growth

Unsaturated polyester resins are light in weight. As a result, it is extensively used by engineers, architects, designers, and builders. Unsaturated polyester polymers are primarily used in the manufacture of glass fiber-reinforced plastics (FRP). They are broadly used for housing equipment, building materials, and transit equipment due to their exceptional tensile strength, bending strength, impact strength, heat resistance, corrosion resistance, and electric property. Over 2 million tonnes of unsaturated polyester resins are used in the building, maritime, aircraft, and automobile sectors for flat roofs, pipelines, storage tanks, and other waterproofing linings, as well as high-specification components. All these factors boost the demand for unsaturated polyester resins.

Availability of numerous polyester resins can hamper the market growth

Nowadays, a significant number of polyester structures with a broad range of properties and uses are used in industry. Some of these include saturated polyester resins, alkyd resins, vinyl ester resins, fire-resistant polyester resins, electrical-resistant polyester resins, low-styrene emission polyester resins, and many others. Hence the availability of alternative solutions may hamper the growth of the market.

Rise in the electric vehicle will boost the market growth

Electric car sales have grown dramatically over the last decade, owing to dropping lithium-ion battery pack costs. In 2021, global electric vehicle sales reached just under seven million units. According to the Net Zero Emissions, by 2050 Scenario, there will be over 300 million electric vehicles in 2030, with electric cars accounting for 60% of new car purchases. This led to a rise in the demand for unsaturated polyester resins. What is Unsaturated Polyester Resin?

Unsaturated polyester resins are among the most commonly used thermoset polymers as a substrate in composites. Unsaturated polyester resins are derived from the condensation of unsaturated acids or anhydrides and diols with or without diacids. It has distinctive characteristics such as high strength and modulus, high resilience to water, room temperature cure capacity, and transparency, making it ideal for a wide range of industrial applications.

Unsaturated Polyester Resins Market size is growing with a CAGR of 7.4% in the prediction period and it crosses USD 24.84 Bn by 2032 from USD 15.06 Bn in 2025.

Global Unsaturated Polyester Resins market size is expected to reach $15.77 billion by 2029 at 7.5%, segmented as by type, orthophthalic resins, isophthalic resins, dicyclopentadiene, other types

Unsaturated Polyester Resin Market is expected to surpass the value of USD 14450.49 Million by 2030, expanding at a CAGR of 5.3% during the forecast period.

The 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. Asia Pacific industry is predicted to account for a share of 44.2% owing to the swift growth in the automotive and infrastructure sectors.

Unsaturated Polyester Resin (UPR) Market Outlook

The Unsaturated Polyester Resin (UPR) market is poised for substantial growth over the forecast period, with a notable compound annual growth rate (CAGR) of 5.2% projected from 2024 to 2032. As of 2023, the global market size for UPR was valued at approximately $11.5 billion, and it is anticipated to reach around $18 billion by 2032. This growth is largely attributed to the increasing demand from various end-use industries such as construction, automotive, and marine, driven by the resin's superior mechanical properties and versatility.

One of the primary growth factors for the UPR market is the burgeoning construction industry. With urbanization on the rise, particularly in developing regions like Asia Pacific and Latin America, there's an increasing need for materials that offer both durability and cost-effectiveness. Unsaturated polyester resins, with their excellent mechanical properties and resistance to environmental factors, are becoming the material of choice for many construction applications, including panels, roofing, and pipes. Additionally, the drive towards sustainable construction materials further boosts the demand, as UPR can be fabricated using renewable raw materials, aligning with global sustainability goals.

The automotive sector is another significant contributor to the growth of the UPR market. The demand for lightweight materials that do not compromise on strength is pushing manufacturers to explore alternatives like UPR to traditional metal components. These resins offer significant weight reduction, which improves fuel efficiency and reduces carbon emissions. Moreover, the customization capabilities of UPR, allowing for the production of complex shapes and designs, make it highly desirable in the automotive industry. This trend is expected to continue as the automotive industry steadily moves towards more sustainable and energy-efficient solutions.

The marine industry also plays a pivotal role in driving the UPR market forward. Unsaturated polyester resins are extensively used in the production of boat hulls, decks, and other components due to their superior resistance to water, chemicals, and ultraviolet degradation. As global trade continues to expand, the demand for marine vessels is likely to rise, subsequently increasing the need for high-performance materials like UPR. Moreover, the shift towards recreational activities, including boating, in various parts of the world further stimulates the demand for these resins.

Regionally, the Asia Pacific dominates the UPR market owing to rapid industrialization and urbanization in countries like China, India, and Southeast Asian nations. The region's construction and automotive sectors are experiencing significant growth, subsequently driving up the demand for unsaturated polyester resins. North America and Europe are also important markets, characterized by technological advancements and a focus on sustainable materials. These regions show a steady adoption rate of UPR, backed by robust demand from the automotive and construction sectors. Meanwhile, the Middle East & Africa, although smaller in comparison, present emerging opportunities due to infrastructure development and increasing industrial activities.

Type Analysis

The Unsaturated Polyester Resin (UPR) market, segmented by type, includes Orthophthalic, Isophthalic, Dicyclopentadiene (DCPD), and others. Orthophthalic resins hold a significant share in the market due to their cost-effectiveness and widespread application across various sectors. These resins are favored in the construction industry for manufacturing roofing, claddings, and water tanks due to their versatility and mechanical strength. Additionally, orthophthalic resins are extensively used in the marine industry for producing boats and ships, owing to their excellent water resistance properties. The rising demand for cost-efficient and durable materials in these industries is expected to continue propelling the growth of orthophthalic resins within the UPR market.

Isophthalic resins, known for their superior mechanical and thermal properties, are increasingly being adopted in the automotive and aerospace industries. These resins offer enhanced resistance to impact and heat, making them ideal for high-performance applications. The automotive industry, in particular, benefits from the use of isophthalic resins in producing lightweight yet strong components, which contribute to improved fuel efficiency and reduced emissions. As the push towards sustainability and fuel efficiency intensifies, the demand for is

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Unsaturated Polyester Resin (UPR) Market Size 2024-2028

The Unsaturated Polyester Resin (UPR) Market size is forecast to increase by USD 3.99 billion at a CAGR of 6.32% between 2023 and 2028.

The market's growth hinges on various factors, such as the expanding end-use industries, notably driven by the superior properties of unsaturated polyester resins compared to other resins. Additionally, there's a notable trend towards eco-friendly products, boosting demand for unsaturated polyester resins. This shift underscores the market's dependency on environmental concerns and technological advancements, which are pivotal in shaping its trajectory and sustaining growth rates. It also includes an in-depth analysis of drivers, trends, and challenges. Our report examines historical data from 2018-2022, besides analyzing the current market scenario.

What will be the Market Size During the Forecast Period?

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Market Definition

Unsaturated polyester resins are thermoset resins that are capable of being cured from liquid to solid state. These resins are made of glycols, monomers, and various acids. They have exceptional strength and durability characteristics, owing to which they are used in manufacturing composite materials, wood paints, gel coats for boats, automotive and bathroom fixtures, and other applications.

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Market Dynamics

The market is driven by increasing demand from the building and construction sector, particularly in pipes & tanks applications. Trends include the rising adoption of Fiber Reinforced Plastic (FRP) and glass fiber-reinforced plastics (FRP) in electric vehicles (EVs) and printed circuit boards. Challenges encompass addressing VOC emissions and enhancing corrosion resistance for sustainable solutions. Moreover, the market faces competition from alternative resins like epoxy and polyurethane, emphasizing the need for continuous innovation to maintain competitiveness. Our researchers analyzed the market research and growth data with 2023 as the base year, along with the key market growth analysis, trends, and challenges. A holistic analysis of drivers, trends, and challenges will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The growing shift toward eco-friendly products demanding the use of unsaturated polyester resins is notably driving market growth. With the implementation of strict European Union (EU) regulations, which emphasize on a reduction in the emission of volatile organic compounds (VOC), the focus of vendors has shifted to developing more eco-friendly chemicals. Such regulatory standards have led to a shift in the demand for green products (like unsaturated polyester resins) from solvent-based epoxy polishes. As these products do not contain solvents that evaporate during the curing phase, they are manufactured using an innovative process and renewable raw materials.

Moreover, Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) regulates the production, use, and import of chemicals in the EU, ensuring their safety and environmental impact. Therefore, the stringent rules and regulations implemented by the European Commission and Federal Government agencies are leading toward the development of eco-friendly products with minimum or zero harmful emissions. As such, vendors that offer polishes and composites adhere to these regulations, thereby augmenting the growth of the market during the forecast period.

Significant Market Trends

Infrastructural developments in emerging economies are an emerging trend shaping market growth. The increasing investments made by emerging economies toward infrastructural developments and long-term projects will positively influence unsaturated polyester resin market growth in the next five years. China, India, Brazil, and countries in the Middle East are likely to increase their expenses in the infrastructure segment. Currently, China is the world's leading market for unsaturated polyester polishes in terms of consumption and production. The country market is registering substantial growth due to the increasing investments in infrastructural development and construction projects.

In addition, the demand for high-performance, high-quality, unsaturated polyester polishes from end-users such as electrical and electronics, artificial stone, wind energy, and automotive sectors is steadily progressing. The increase in infrastructural activities in these regions directly augments the demand. Hence, the trend of ongoing infrastructural developments in emerging economies has tremendous potential to drive the growth of the market during the forecast period.

Major Challenge

The need for styrene in the production of unsaturated polyester resins is a significant challenge hindering market growth. Styrene is a highly fl

The global Unsaturated Polyester Resin market stood at approximately 6281 thousand tonnes in 2024 and is anticipated to grow at a healthy CAGR of 3.08% during the forecast period until 2035.

Unsaturated Polyester Resin Market is expected to grow at a CAGR during the forecast period 2024-2031 | DataM Intelligence

The saturated polyester resin market is set to be valued at US$ 4.4 billion in 2024 and is projected to reach US$ 8 billion by 2034, exhibiting a modest CAGR of 6.10% over the forecast period.

Category-wise Insights

Country-wise Insights

The Unsaturated Polyester Resin Market size was valued at USD 12.9 billion in 2023 and is projected to reach USD 20.85 billion by 2032, exhibiting a CAGR of 7.1 % during the forecasts period. The unsaturated polyester resin market is a broad group of thermosetting resins, which are obtained through the reaction of polyols and dibasic acids and are mainly used for composites and coatings. These resins become cross linked when a catalyst and a reactive monomer (such as styrene) are added to it and thus produce a highly chemical resistant material. Applications include producing FRP for use in building construction, automotive industry, marine equipment and any industrial uses because of the material’s features of light weight, durability and resistance to corrosion and high strength. Uses are in construction and civil engineering, transportation and aerospace industries, automobile manufacturing, electronics and communication industries and many others. Recent developments in the market involve rising polyester resins used from renewable and bio-sources, development and innovation in the resin formulations that enhances the mechanical properties and processing characteristics, applications in wind blade and other renewable energy structures to support environmental management programs in the world.

The Unsaturated Polyester Resins Market size is expected to reach a valuation of USD 11.51 Billion in 2033 growing at a CAGR of 3.7%. The research report classifies market by share, trend, demand and based on segmentation by Type, Form, Application, End Use and Regional Outlook.

Global Saturated Polyester Resin Market size is set to expand from $ 4.29 Billion in 2023 to $ 7.27 Billion by 2032, with an anticipated CAGR of around 6.02% from 2024 to 2032.

Graph and download economic data for Producer Price Index by Industry: Plastics Material and Resin Manufacturing (PCU325211325211) from Jun 1976 to Jun 2025 about resin, plastics, materials, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Unsaturated Polyester Resin (UPR) for Composites Market Outlook

The global unsaturated polyester resin (UPR) for composites market size was valued at approximately USD 9.5 billion in 2023 and is projected to grow significantly to reach USD 15.2 billion by 2032, with a compound annual growth rate (CAGR) of 5.3%. The market's growth is primarily driven by the increasing demand for lightweight and durable materials in various industries, such as automotive and construction, which are the major consumers of composites. The advantageous properties of UPR, such as its cost-effectiveness, versatility, and mechanical strength, make it an ideal choice for manufacturers looking to enhance their product offerings without compromising on quality.

A significant growth factor for the UPR market is the rising application of composites in the automotive and transportation sectors. The push towards fuel efficiency and the reduction of vehicle emissions has spurred the adoption of lightweight materials, leading to an increased demand for unsaturated polyester resin in these industries. This trend is further amplified by the ongoing advancements in electric vehicles, where reducing vehicle weight is crucial for maximizing battery efficiency. Additionally, governmental regulations focusing on environmental sustainability are encouraging automotive manufacturers to adopt materials that contribute to lower energy consumption, thus driving the UPR market.

Another key growth factor is the expanding use of UPR in the construction industry. The need for innovative building materials that offer high strength and durability while being lightweight and easy to handle has led to the incorporation of UPR composites in various structural and decorative applications. As urbanization continues to rise, especially in developing regions, the demand for modern infrastructure is soaring, which in turn fuels the growth of the UPR market. The resin's resistance to environmental factors such as moisture, chemicals, and UV exposure makes it an attractive option for builders worldwide, further propelling its market expansion.

Moreover, the wind energy sector presents significant growth opportunities for the UPR market. As the world shifts towards renewable energy sources, there is a substantial increase in the installation of wind turbines, where composites play a critical role due to their strength-to-weight ratio and durability. UPR is often used in the manufacturing of blades and nacelles, contributing to the efficiency and longevity of wind turbines. This sector's growth, coupled with supportive government policies and incentives for renewable energy projects, is expected to provide a considerable boost to the demand for unsaturated polyester resins.

Regionally, the Asia Pacific market is expected to witness the fastest growth due to rapid industrialization and urbanization in countries like China and India. The presence of a robust manufacturing base, along with supportive government initiatives aimed at infrastructure development, is anticipated to drive the market in this region. Furthermore, the North American market remains a significant player due to the established automotive and aerospace industries and a strong focus on technological advancements in composites. Europe, with its stringent regulations on emissions and sustainability, also reflects steady growth in the UPR market, particularly within the transportation and construction sectors.

Type Analysis

The type segment of the unsaturated polyester resin market is diverse, comprising orthophthalic, isophthalic, dicyclopentadiene (DCPD), and other types. Orthophthalic resins are the most widely used due to their cost-effectiveness and satisfactory performance in a variety of applications. These resins offer good mechanical properties and chemical resistance, making them suitable for general-purpose applications across multiple sectors including construction and marine. They are designed to fulfill the needs of low-end applications, where budget constraints are critical, yet performance cannot be entirely compromised. Their extensive use is also supported by their ease of handling during processing, leading to efficient manufacturing processes.

Isophthalic resins, on the other hand, are known for their superior chemical resistance and thermal stability compared to orthophthalic resins. They are preferred in environments where higher durability and long-term serviceability are requisites, such as in the production of chemical storage tanks and coatings. The higher cost of isophthalic resins is often justified by the enhanced perf

The global unsaturated polyester resin market size was valued at USD 13.98 billion in 2025 and is projected to grow at a CAGR of 2.84% from 2025 to 2033. The increasing demand for unsaturated polyester resin in the automotive and construction industries is one of the key factors driving the market growth. Unsaturated polyester resins are widely used in the production of fiberglass-reinforced plastics (FRP), which are lightweight and durable materials commonly employed in the manufacturing of automotive parts, such as body panels, bumpers, and interiors. Additionally, the growing construction industry, particularly in emerging economies, is expected to boost the demand for unsaturated polyester resins used in roofing, flooring, and other construction applications. The market is segmented based on form, curing type, degree of unsaturation, and application. Liquid resin holds a significant share of the market due to its ease of handling and application, while room temperature curing resins are gaining popularity owing to their faster curing times and lower energy consumption. High-degree unsaturation resins are preferred for applications requiring high strength and stiffness, while medium- and low-degree unsaturation resins are used in general-purpose applications. The fiberglass-reinforced plastics segment dominates the market, accounting for a major share of the demand for unsaturated polyester resins. Transportation, marine, and building and construction are the other major application segments, where unsaturated polyester resins are used in a wide range of products and components. The Unsaturated Polyester Resin Market is poised to reach USD 18.0 billion by 2032, exhibiting a CAGR of 2.84% during the forecast period. The market is driven by the increasing demand for composite materials in various end-use industries such as automotive, construction, and marine. Recent developments include: , The Unsaturated Polyester Resin Market is projected to reach USD 18.0 billion by 2032, exhibiting a CAGR of 2.84% during the forecast period. The market is driven by the increasing demand for composite materials in various end-use industries such as automotive, construction, and marine. The rising adoption of lightweight and durable materials in the automotive industry is a key factor contributing to the market growth.Recent developments in the market include the introduction of bio-based and sustainable unsaturated polyester resins. For instance, in 2023, Ashland launched a new range of bio-based unsaturated polyester resins made from renewable resources. These resins offer improved sustainability and reduced environmental impact, meeting the growing demand for eco-friendly materials., Unsaturated Polyester Resin Market Segmentation Insights. Key drivers for this market are: Lightweight Composites in Automotive Infrastructure Development in Emerging Economies Novel Applications in Wind Energy Growing Demand for FRP in Construction HighPerformance Composites in Aerospace. Potential restraints include: Rising infrastructure in automotive and marine industriesGovernment regulations on VOC emissionsTechnological advancements in resin productionGrowing demand for composites in various applicationsIncreasing adoption of biobased unsaturated polyester resins.

Get key insights from Market Research Intellect's FRP Unsaturated Polyester Resin Market Report, valued at USD 5.2 billion in 2024, and forecast to grow to USD 8.1 billion by 2033, with a CAGR of 6.3% (2026-2033).