Unsaturated Polyester Resins Market Size, Share, and Growth Analysis, By Type (Orthophthalic Resins, Isophthalic Resins), By End Use Industry (Building & Construction, Marine), By Region - Industry Forecast 2025-2032

Unsaturated Polyester Resins Market size was valued at USD 8.18 Billion in 2023 and is poised to grow from USD 8.5 Billion in 2024 to USD 11.54 Billion by 2032, growing at a CAGR of 3.90% during the forecast period (2025-2032).

The unsaturated polyester resin market is experiencing robust growth driven by rising infrastructure development and increasing adoption of electric vehicles. These resins are crucial in the manufacturing of a wide array of products including filled plastics, high-performance marine components, and lightweight automotive parts, which enhance fuel efficiency. The construction industry is also expanding rapidly, fueled by urbanization and population growth, leading to heightened demand for unsaturated polyester resin (UPR) products. Additionally, their versatile applications in coatings and adhesives further bolster their market presence. As the automotive sector evolves, the need for durable and efficient materials like UPR is expected to rise, ensuring continued market growth in the coming years.

Top-down and bottom-up approaches were used to estimate and validate the size of the Unsaturated Polyester Resins market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Unsaturated Polyester Resins Market Segments Analysis

Global Unsaturated Polyester Resins Market is segmented by type, end user industry and region. Based on type, the market is segmented into orthophthalic resins, isophthalic resins, dicyclopentadiene resins, and other types. Based on end user industry, the market is segmented into building & construction, marine, transportation, pipes & tanks, electrical & electronics, wind energy, artificial stones, other end-use industries. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Unsaturated Polyester Resins Market

The unsaturated polyester resins market is experiencing significant growth, primarily driven by the increasing demand from the building and construction sector. This surge in interest is attributed to unsaturated polyester resins' essential properties, such as excellent mechanical strength, durability, and resistance to various environmental factors, making them ideal for construction applications. As the construction industry expands, fueled by urbanization and infrastructure development, the need for high-performance materials like unsaturated polyester resins continues to rise. This trend not only supports the market's growth but also highlights the essential role these resins play in enhancing the quality and longevity of construction projects.

Restraints in the Unsaturated Polyester Resins Market

The Unsaturated Polyester Resins (UPR) market faces significant challenges stemming from the presence of alternative materials that may hinder its growth potential. These alternatives, which can often offer comparable performance or cost benefits, attract manufacturers and consumers seeking more innovative or economical solutions. As industries increasingly embrace these substitutes, the demand for UPRs could diminish, posing a restraint on market expansion. Furthermore, the ongoing development of advanced materials may intensify competition, compelling UPR producers to enhance their products or adopt new strategies to maintain their market share. Consequently, the availability of these alternatives presents a critical barrier to the growth of the UPR market.

Market Trends of the Unsaturated Polyester Resins Market

The Unsaturated Polyester Resins (UPR) market is witnessing robust growth driven by surging demand across diverse end-use sectors such as automotive, aerospace, electrical & electronics, and marine. Key applications like printed circuit boards, ducts, and panels highlight the material's versatility. UPR's affordability and lightweight properties make it a favored choice in the automotive and marine industries for manufacturing vehicles and boats. Its remarkable characteristics, including corrosion resistance, insulation, flexibility, strength, and durability enhance its appeal for electrical applications, further fueling market growth. As industries like wind energy and pipeline construction expand, UPR consumption is poised to rise significantly, indicating a promising market trend.