The Unsaturated Polyester Resin (UPR) market is estimated at USD 9,655.92 million in 2020, and is expected to record a 4% CAGR over the forecast period (2021-2027).
The automotive industry has been negatively affected by COVID-19. Car production has witnessed a significant decline due to the COVID-19 pandemic. According to OICA, global auto production in 2020 declined by about 16% compared to 2019. This, in turn, had a negative impact on the unsaturated polyester resin market. Many UPR manufacturing companies and raw material manufacturers have ended all operations at their manufacturing locations until further instructions from government authorities. The easing of closures and the resumption of production at some manufacturing companies are encouraging signs.
A full report of Unsaturated Polyester Resin Market available at https://www.orionmarketreports.com/unsaturated-polyester-resin-market/54293/
Unsaturated Polyester Resin Market: Segmentation
By Type:
• Orthophthalic Resin,
• Isophthalic Resin,
• Dicyclopentadiene (DCPD) Resin,
• Others
By End-Use Industry:
• Building & Construction
• Marine
• Land Transportation
• Pipes & Tanks
• Electrical & Electronics
• Artificial Stone
• Wind Energy
• Others
Major Players
• Reichhold Inc.
• Ashland Inc.
• Koninklijke DSM N.V.
• Polynt Group
• Aoc LLC
• BASF SE
• U-Pica Company Ltd.
• UPC Technology Corp.
• Nuplex Industries Ltd.
• Scott Bader Company Ltd.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
