Unsaturated Polyester Resin Market 2030: Trends Driving Industry Growth
Global Unsaturated Polyester Resin Market Overview The global unsaturated polyester resin (UPR) market was valued at USD 12.2 billion in 2022 and is projected to reach USD 20.9 billion by 2030, expanding at a CAGR of 7.1% from 2023 to 2030. Rising demand in construction applications and increased usage in tanks and pipes are expected to significantly drive the demand for isophthalic-based compounds in these sectors. Growing adoption of environmentally friendly and energy-efficient materials is also anticipated to positively impact market growth over the forecast period. UPRs are primarily used in glass fiber-reinforced plastics (FRP) due to their beneficial physical and chemical properties—such as high tensile, impact, and bonding strength, along with resistance to corrosion and heat. These attributes make them suitable for a wide range of applications in construction materials, housing equipment, and transportation. Moreover, advancements in bio-based UPRs, which offer recycl...