Unsaturated
polyester resin has various applications in the construction
industry. The market suffered as a result of the 2008 recession, but
the post-recession boom for the construction industry is expected to
aid the unsaturated polyester resin market during the report’s
forecast period.
The
report looks into the global unsaturated polyester resin market
according to product type, end-use application, and geographical
distribution. The markets for four types of unsaturated polyester
resin are analyzed: orthopthalic, isopthalic, DCPD resins, and other
types such as vinyl ester resins. Of these, orthopthalic resins
account for 35% of the market. They are growingly in demand from the
construction industry, which will help maintain their dominant share
in the unsaturated polyester resin market. The marine and
transportation industries are also expected to become major consumers
of orthopthalic polyester resin.
Browse
full
Unsaturated
Polyester Resin Market
report
at
:
http://www.transparencymarketresearch.com/unsaturated-polyester-resin.html
Unsurprisingly,
the construction industry has the highest demand for unsaturated
polyester resin, taking up 25% of the global market. The rapid
expansion of the construction industry in developing economies such
as the BRIC countries as well as numerous South Asian countries is
expected to help maintain the construction industry’s dominant
market share in unsaturated polyester resin. Tanks and pipes are the
other dominant application of unsaturated polyester resin; this
industry is expected to expand along with the construction industry.
Other applications of unsaturated polyester resin include the
transportation, marine, and artificial stone industries, and other
industries such as aerospace and wind energy.
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Among
the four regional subdivisions of the unsaturated polyester resin
market, Asia Pacific is expected to add to its 2012 market share of
50%. The booming construction industry in developing economies such
as China and India will prop up the unsaturated polyester resin
market in Asia Pacific. This is also true of the Rest of World
category, thanks to developing economies such as the Gulf countries
and Brazil. The North American market is expected to remain steady,
while increasing environmental regulations will restrict the market
in Europe. Along with the consistently increasing demand from
developing economies, the increasing market for fiberglass is also
expected to be a major opportunity in the global unsaturated
polyester resin market, while the expected increase in environmental
regulations will be the major restraint, along with fluctuating
prices of raw materials.
The
report covers multinational unsaturated polyester resin giants such
as BASF SE, CCP Composites, Ashland Inc., Tianhe Resin Co. Ltd., etc.
Multinational corporations such as these control virtually the entire
unsaturated polyester resin market.
Browse
the full Press Release :
http://www.transparencymarketresearch.com/pressrelease/unsaturated-polyester-resin.htm
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