Unsaturated Polyester Resins Market Size & Forecast, 2032

Unsaturated Polyester Resins Market Analysis & Forecast: 2025-2032

Global Unsaturated Polyester Resins Market size is estimated to be valued at USD 15.06 Bn in 2025 and is expected to reach USD 24.84 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 7.4% from 2025 to 2032.

Unsaturated Polyester Resins Market Key Factors

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Key Takeaways

By Product Type, the Orthophthalic Resin segment is expected to lead the global unsaturated polyester resins market with a 35.8% share in 2025, driven by its cost-effectiveness and wide application across various industries.
By End-Use Industry, the Building & Construction segment is projected to hold the largest market share at 32.8% in 2025, fueled by increasing infrastructure development and demand for durable composite materials.
By Region, North America is forecasted to maintain its dominance with an estimated 35.9% share in 2025, supported by a strong manufacturing base and rising adoption of unsaturated polyester resins in automotive and construction sectors.

Market Overview

Global Unsaturated Polyester Resins Market is expected to witness significant growth over the forecast period due to increasing demand for unsaturated polyester resins from industries such as construction, automotive and transportation. Within the construction industry, unsaturated polyester resins are widely used in applications such as fiber reinforced plastic products and high strength concrete structures. The growth of the construction industry, especially in emerging economies, boosts demand for unsaturated polyester resins. Moreover, increasing use of lightweight and durable fiber reinforced plastics in the automotive and transportation industries can drive the unsaturated polyester resins market growth in the near future.

Current Events and Its Impact

Event	Description and Impact
Regulatory Changes in the European Union	Description: REACH Recast Implementation (Late 2025). For instance, In 2025, several European UPR manufacturers reported increased operational costs due to new REACH digital product passport requirements, with some considering reformulation to avoid market withdrawal. Impact: Mandates stringent chemical safety assessments and digital product passports, increasing compliance costs for UPR manufacturers. Non-compliance risks could force reformulation or market exit. Description: SVHC Candidate List Expansion (January 2025). For instance, Following the January 2025 update to the SVHC list, UPR producers had to adjust supply chain monitoring, delaying production and increasing costs due to stricter raw material compliance checks. Impact: Adds 5 new hazardous substances (e.g., Octamethyltrisiloxane), requiring monitoring for >0.1% thresholds, disrupting raw material sourcing and increasing production complexity.
Geopolitical Trade Disruptions	Description: EU Sanctions on Russian Chemical Exports (2025). For instance, EU sanctions in early 2025 led to a 17% rise in input costs for European UPR manufacturers as styrene and phenol shortages disrupted established supply chains. Impact: Bans exporting styrene, toluene, and phenol to Russia, causing raw material shortages for European UPR producers and raising input costs by 15–20%. Description: U.S. Tariffs on European Steel/Aluminum Derivatives (April 2025). For instance, After the April 2025 tariff implementation, several EU UPR exporters reported shrinking profit margins due to increased duties on resin precursor shipments to the U.S. Impact: 25% duties on industrial goods (including resin precursors) reduce transatlantic trade viability, forcing exporters to absorb costs or find alternative markets.
Technological and Sustainability Shifts	Description: Bio-Based UPR Commercialization (e.g., ENVIREZ Resins). For instance, ENVIREZ bio-based UPRs saw a 15% sales increase in 2025, driven by rising demand from automakers seeking sustainable materials aligned with emissions reduction targets. Impact: Adoption of styrene-free, bio-based UPRs with 21% lower emissions captures eco-conscious automotive/construction demand, projected to grow 12% annually by 2030. Description: 3D Printing Market Expansion (16.4% CAGR, 2024–2029). For instance, The expanding 3D printing sector in 2025 increased demand for specialized UPRs, with manufacturers reporting significant growth in automotive prototyping applications using additive manufacturing Impact: UPRs optimized for additive manufacturing boost demand in automotive/aerospace prototyping, creating a $1.2B niche market by 2029.

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Pricing Analysis

The price per metric ton of unsaturated polyester resins (UPR) around the globe ranges from $1200 to $4000 based on the grade and application of resin. Orthophthallic UPRs, which are widely used in construction and automotive sectors, cost between $1200-$1800/MT. Isophthalic resins, used for marine and industrial applications due to their better chemical resistance, are priced between $1800-2400/MT. Pouring over a prescription priced at 2500-4000 per MT or claiming to serve aerospace industries amongst others are using high performance vinyl ester resins that are marketed as ‘superior’ claimed reapositions.

Specialized formulations account for pheno like flamer retardant add-ons which increase pricing from 2200 to 3200 dolars per MT. This volatility is attributed to raw materials incured where styrene phthalic anhydride and propylene glycol accounting for 60-70 percent of production expenses. There are also regional differences within asia-pacific facing lower prices due to cheap labor and production while Europe having higher costs due strict enviromental regulations.

For the robust claim boosted profit margins of up to 15% or the more conservative estimate of purchasing being cheaper by 25% comes from cheaper logistics along side unabridged replacement availability tackling commute efficiency whilst trying fostering quality needs during procurement stagnate assumed focus towards innovation yield loses in competitive appeal.

Technological Advancement

Focuses on the development, sustainability, and processing of unsaturated polyester resins brings a change in technology. New catalyst systems provide improved heating and cooling capabilities with better mechanical strength.

The use of nano-silica, carbon nanotubes, and graphene expands its application to aerospace and automotive industries. An important environmental change is replacing petroleum derived substances with renewable sources such as succinic and itaconic acids for bio based resins while maintaining performance standards.

Chemical breakthroughs have made it possible for curing resins to be depolymerized into monomers adding a closed loop model of repolymerization which contributes to smart economy strategies. Self-healing mechanism smart technologies are especially improving durability in marine products as well as biomedical fields which also connects to the use of shape-memory resins.

Production efficiency can be enhanced using fast curing, low viscosity resin transfer molds while monitoring via AI polymerization algorithms improves part quality. Stricter safety from UV exposure and weathering has led to enhanced fire retardants that are halogen free making them safer to use. All these touches aid in aligning such advancements with industry regulations making it ideal for cost-efficient innovation without compromising structural integrity.

Market Concentration and Competitive Landscape

Unsaturated Polyester Resins Market Concentration By Players

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Strong Demand from Boats and Ships Industry

The boats and ships industry is one of the major end-use industries for unsaturated polyester resins. Unsaturated polyester resins are used in the manufacturing of fiberglass boats and ships due to their good mechanical strength, durability, and resistance to corrosion from saltwater. Over the past few decades, recreational activities such as boating, yachting and sailing have gained significant popularity globally. This has boosted production of motorboats, sailboats, cruise ships and other watercrafts. Manufacturers are trying to cater to rising demand by increasing their boatbuilding capacities and facilities.

This has led to higher consumption of fiberglass reinforced plastic (FRP) composites which utilize unsaturated polyester resins as the key matrix material. Besides meeting the growing needs of recreational marine industry, unsaturated polyester resins are also widely used in the commercial ships and vessels segment. Cargo ships, tankers, passenger ferries and other merchant marine transport require extensive use of FRP composites in their hull construction for attributes like structural strength, durability and corrosion resistance.

Shipbuilding activities have been increasing across major ports globally due to international trade growth and offshore energy sector expansion. Many countries are investing heavily in their domestic ship manufacturing capacity to boost local economic development. This increasingly active new shipbuilding scenario can boost demand for unsaturated polyester resin.

Rising Usage in Industrial Infrastructure Applications

FRP composites produced using unsaturated polyester resins are widely employed in construction applications such as for building rooftops, drainpipes, water tanks, bridge decking and highway sound barriers due to their durability versus weathering and corrosion. Their light weight and strength attributes also make them fit for manufacturing various processing and storage equipment utilized across industries like oil & gas, chemicals, food & beverages and mining.

Rising infrastructure development initiatives especially across emerging economies in Asia Pacific, Latin America, Middle East and Africa can drive the market growth. Growing industrialization and rapid urbanization can boost demand for constructing modern factories, plants, warehouses and other commercial establishments.

Segmental Insights

Unsaturated Polyester Resins Market By Product Type

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Global Unsaturated Polyester Resins Market Insights, By Product Type

In terms of product type, orthophthalic resin segment is estimated to contribute the 35.8% share of the unsaturated polyester resins market in 2025, owing to its widespread adoption in the construction industry. Orthophthalic resin possesses desirable properties such as high strength, durability and moisture resistance that makes it suitable for a variety of building applications. It is extensively used to manufacture fiberglass reinforced plastic (FRP) composite sheets and laminates used in roofing, wall paneling, doors, windows and other construction elements.

The growth in the construction sector, particularly infrastructure development projects and new residential & commercial construction, has boosted demand for orthophthalic resin in recent years. Countries around the world are investing heavily in public infrastructure like roads, bridges, hospitals, schools and transportation systems to support economic growth.

Meanwhile, rapid urbanization leads to rising needs for housing and commercial real estate development. Both trends have strengthened the offtake of orthophthalic resin from the construction materials industry. Increasing utilization of these resins in the manufacturing of prefabricated construction components can drive the segment growth.

Global Unsaturated Polyester Resins Market Insights, By end-use industry

In terms of end-use industry, building & construction segment is estimated to hold the 32.8% share of the unsaturated polyester resins market in 2025. Unsaturated polyester resins are used in the construction of buildings, infrastructure projects and facility structures owing to their outstanding mechanical and physical properties.

Unsaturated polyester resin composites have become one of the primary construction materials globally due to attributes like high strength-to-weight ratio, corrosion resistance, insulation and durability. These replace conventional building materials in a wide range of applications ranging from roofing, cladding, panels, bathtubs to sanitaryware, pipes and facades.

Unsaturated polyester resins also enable green building techniques through their recyclability and renewability. The growth in the building & construction industry can boost demand for resins. Mega infrastructure projects, rising investments in commercial and industrial construction, and growth in residential real estate can boost demand.

Developing economies in Asia and Middle East are displaying strong momentum in the construction sector, thus, fueling consumption of unsaturated polyester resins. Furthermore, continuous product innovation is expanding the application scope of unsaturated polyester resins in the construction domain.

Global Unsaturated Polyester Resins Market - Regional Insights

Unsaturated Polyester Resins Market By Regional Insights

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North America Unsaturated Polyester Resins Market Analysis and Trends

North America is poised to remain the dominant region in the global unsaturated polyester resins market, holding an estimated 35.9% share in 2025. The region’s well-established manufacturing base spans diverse end-use sectors such as construction, transportation, aerospace and defense, pipe and tank manufacturing, and marine applications.

Major resin producers maintain extensive production facilities throughout the U.S. and Canada, ensuring strong supply to meet robust domestic demand. Furthermore, North America’s early adoption of advanced composite materials—especially in commercial and defense applications—continues to drive significant uptake of unsaturated polyester resins, underpinning innovation and market growth.

Asia Pacific Unsaturated Polyester Resins Market Analysis and Trends

Asia Pacific is the fastest-growing market for unsaturated polyester resins globally, propelled by rapid infrastructural development and industrial expansion in countries like China and India. The booming construction sector has increased demand for unsaturated polyester resins used in bathware, roofing, pipes, and various building components.

Additionally, industries such as marine, transportation, and wind energy are increasingly leveraging lightweight composite materials for enhanced performance and fuel efficiency. These dynamics across multiple end-use sectors are significantly accelerating the consumption of unsaturated polyester resins in the region, positioning Asia Pacific as a key growth hub.

Dominating Countries in the Unsaturated Polyester Resins Market

United States Unsaturated Polyester Resins Market Analysis and Trends

The United States leads North America’s unsaturated polyester resins market, driven by its strong industrial infrastructure and early adoption of composites in aerospace, defense, and transportation sectors. Domestic manufacturers focus on high-performance resin formulations tailored to demanding applications, supported by advanced production capabilities and integrated supply chains.

China Unsaturated Polyester Resins Market Analysis and Trends

China is central to Asia Pacific’s rapid market expansion for unsaturated polyester resins, fueled by massive investments in infrastructure and manufacturing. The country’s focus on lightweight composites for marine, transportation, and renewable energy sectors further accelerates resin demand. Government support for innovation and sustainable materials continues to enhance China’s role as a global manufacturing powerhouse in this segment.

Market Report Scope

Unsaturated Polyester Resins Market Report Coverage

Report Coverage	Details
Base Year:	2024	Market Size in 2025:	USD 15.06 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	7.4%	2032 Value Projection:	USD 24.84 Bn
Geographies covered:	North America: U.S., Canada Latin America: Brazil, Argentina, Mexico, Rest of Latin America Europe: Germany, U.K., France, Italy, Russia, Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, Rest of Asia Pacific Middle East & Africa: GCC Countries, South Africa, Rest of Middle East & Africa
Segments covered:	By Product Type: Orthophthalic resin, Isophthalic resin, Dicyclopentadiene (DCPD), Others (Gelcoat resin, Terephthalic resin, & Chlorendic resin) By End-Use Industry: Building & Construction, Tanks & Pipes, Electrical, Marine, Transport, Artificial Stones, Others
Companies covered:	Orson Resins and Coatings Private Limited (ORCPL), Ruia Chemicals, AOC, LLC, INEOS, BASF SE, Polynt, LERG SA, Koninklijke DSM N.V., U-PICA Company. Ltd., Eternal Materials Co., Ltd., Satyen Polymers Pvt. Ltd., CIECH Group, Dow Inc., UPC Group, Scott Bader Company Ltd., Deltech Corporation, Tianhe Resin Co., Ltd., Qualipoly Chemical Corp.
Growth Drivers:	Strong Demand from Boats and Ships Industry Rising Usage in Industrial Infrastructure Applications
Restraints & Challenges:	Fluctuating raw material prices Competition from alternate materials

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Analyst Viewpoint

Global unsaturated polyester resins market growth is driven by growing end-use industries such as building & construction and transportation.
The building & construction industry, which accounts for over half of unsaturated polymer resin consumption, is benefiting from rapid urbanization and infrastructure development projects across emerging economies.
The favorable government policies and investment in public infrastructure can drive the growth of construction sector. Meanwhile, strong demand from the transportation industry, especially boats and shipbuilding, can drive the market growth.
Stringent environmental regulations can hamper the market growth as these resins contain styrene, a known hazardous air pollutant.
Manufacturers may face compliance issues, leading to higher production costs. Substitutes such as epoxy and vinyl ester resins also hampers the market growth. Research into styrene replacement in polyester formulations could help address this restraint.

Unsaturated Polyester Resins Market Key Developments

In March 2025, Ashland Inc. announced the launch of a new line of bio-based unsaturated polyester resins designed to reduce environmental impact, targeting automotive and construction applications seeking sustainable materials.
In January 2025, Reichhold expanded its manufacturing capacity at its Asia-Pacific facility to meet rising demand from rapidly growing infrastructure projects in India and Southeast Asia.
In November 2024, Dow Chemical entered a strategic partnership with a leading wind turbine manufacturer to develop advanced flame-retardant polyester resins specifically optimized for wind energy composites.
In September 2024, BASF introduced a novel curing agent that significantly reduces the resin curing time while enhancing mechanical strength, aimed at improving production efficiency in composite manufacturing.
In July 2024, the European Chemical Agency (ECHA) issued updated guidelines for low-VOC resin formulations, prompting manufacturers across Europe to accelerate development of environmentally compliant unsaturated polyester resins.

Market Segmentation

By Product Type
- Orthophthalic resin
- Isophthalic resin
- Dicyclopentadiene (DCPD)
- Others (Gelcoat resin, Terephthalic resin, & Chlorendic resin)
By Price Range
- Building & Construction
- Tanks & Pipes
- Electrical
- Marine
- Transport
- Artificial Stones
- Others
By Region
- North America
  - U.S.
  - Canada
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Europe
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
- Middle East
  - GCC Countries
  - Israel
  - Rest of Middle East
- Africa
  - South Africa
  - North Africa
  - Central Africa
Company Profiles
- Orson Resins and Coatings Private Limited (ORCPL)
- Ruia Chemicals
- AOC, LLC
- INEOS
- BASF SE
- Polynt
- LERG SA
- Koninklijke DSM N.V.
- U-PICA Company. Ltd.
- Eternal Materials Co., Ltd.
- Satyen Polymers Pvt. Ltd.
- CIECH Group
- Dow Inc.
- UPC Group
- Scott Bader Company Ltd.
- Deltech Corporation
- Tianhe Resin Co., Ltd.
- Qualipoly Chemical Corp.

Sources

Primary Research Interviews

Unsaturated polyester resin manufacturers and suppliers
Raw material suppliers (styrene, propylene glycol, maleic anhydride)
End-user industry representatives (automotive, construction, marine)
Distribution channel partners and traders
Others

Databases

Chemical Market Analytics Xplorer (CMAX)
IHS Chemical Economics Handbook
ICIS Chemical Business
Plastics Industry Trade Statistics
Others

Magazines

Reinforced Plastics Magazine
Composites Manufacturing Magazine
Chemical Engineering Magazine
Plastics Technology Magazine
Composites World Magazine
Others

Journals

Journal of Applied Polymer Science
Composites Science and Technology
Polymer Composites Journal
Others

Newspapers

Chemical Week
Plastics News
European Chemical News
Chemical & Engineering News
Asian Chemical News
Others

Associations

American Composites Manufacturers Association (ACMA)
European Composites Industry Association (EuCIA)
Composites Manufacturing Association of SMC
International Association of Plastics Distribution (IAPD)
China Composite Materials Industry Association
Others

Public Domain Sources

U.S. Environmental Protection Agency (EPA) databases
European Chemicals Agency (ECHA) registration data
Trade statistics from national statistical offices
Company annual reports and SEC filings
Patent databases and technical literature
Others

Proprietary Elements

CMI Data Analytics Tool
Proprietary CMI Existing Repository of information for last 8 years

*Definition: Unsaturated polyester resins market pertains to the manufacturing and sales of unsaturated polyester resins. Unsaturated polyester resins are thermosetting resins produced from the condensation of organic acids and polyhydric alcohols. These are used to manufacture fiberglass reinforced plastics and for gel coating applications in industries such as construction, transportation, marine, and pipe & tank.

About Author

Pankaj Poddar is a seasoned market research consultant with over 12 years of extensive experience in the fast-moving consumer goods (FMCG) and plastics material industries. He holds a Master’s degree in Business Administration with specialization in Marketing from Nirma University, one of India’s reputed institutions, which has equipped him with a solid foundation in strategic marketing and consumer behavior.

As a Senior Consultant at CMI for the past three years, he has been instrumental in harnessing his comprehensive understanding of market dynamics to provide our clients with actionable insights and strategic guidance. Throughout his career, He has developed a robust expertise in several key areas, including market estimation, competitive analysis, and the identification of emerging industry trends. His approach is grounded in a commitment to understanding client needs thoroughly and fostering collaborative relationships. His dedication to excellence and innovation solidifies his role as a trusted advisor in the ever-evolving landscape of not only FMCG but also chemicals and materials markets.

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Frequently Asked Questions

The Unsaturated Polyester Resins Market size is estimated to be valued at USD 15.06 Bn in 2025, and is expected to reach USD 24.84 Bn by 2032.

The CAGR of the global Market is projected to be 7.4% from 2025 to 2032.

Strong demand from boats and ships industry and rising usage in industrial infrastructure applications are the major factors driving the growth of global market.

Fluctuating raw material prices and competition from alternate materials are the major factors hampering the growth of global market.

In terms of product type, orthophthalic resin segment is estimated to dominate the market in 2025.

Orson Resins and Coatings Private Limited (ORCPL), Ruia Chemicals, AOC, LLC, INEOS, BASF SE, Polynt, LERG SA, Koninklijke DSM N.V., U-PICA Company. Ltd., Eternal Materials Co., Ltd., Satyen Polymers Pvt. Ltd., CIECH Group, Dow Inc., UPC Group, Scott Bader Company Ltd., Deltech Corporation, Tianhe Resin Co., Ltd., Qualipoly Chemical Corp. are the major players.

North America is expected to lead the global unsaturated polyester resins industry.