Get In Touch

Global Asia Pacific Unsaturated Polyester Resin Market to Rise on the Back of Thriving Construction Industry

The competitive landscape of the unsaturated polyester resin market is highly fragmented in nature, says Transparency Market Research (TMR). This is because of the presence of several key players in the market. The key players are focusing towards accusation and merger, product proliferation and business expansion in order to strengthen their market position. Some of the predominant players operating the Asia Pacific unsaturated polyester resin market are Singapore Highpolymer Chemical Products Pte Ltd., Tianhe Resin Co., Ltd., Changzhou New Solar Co., Ltd., and PT Justus Sakti Raya.

According to a newly launched report by TMR, the unsaturated polyester resin market is expected to attain a valuation of US$ 7.45 bn by 2023. The analysts noted the market at US$ 3.98 bn valuation in 2014. During the forecast the Asia Pacific unsaturated polyester resin market is likely to rise at a healthy CAGR of 7.2% during the forecast period.

On the basis of application, the building and construction segment held a major market share in 2014. This is because of the increasing demand of unsaturated polyester resin in of various building materials such as putty, artificial marbles, roofing materials, and concrete. Based on product type, the orthophthalic resin is expected to lead the unsaturated polyester resin market in the forecast period. It was noted to account for 35% share in the Asia Pacific Market in 2014.


Building and Construction Emerges Dominant Due to Increasing Applications of Resins

Unsaturated polyester resin is widely used as a body filler for roofs, interiors, bumpers, and vehicles to repair damaged parts. This is because of its high resistance property. Unsaturated polyester resin find application in several industries such as marine, oil & gas, transportation, construction, and manufacturing industries. The demand for unsaturated polyester resin is likely to increase in Asia Pacific in the forecast period. This is mainly due to the large scale construction activities coupled with heavy vehicle production in the region. The increasing demand in countries such as India, Thailand, China, and Indonesia is one strong factor likely to drive the global unsaturated polyester resin market in Asia Pacific. In addition to this, expansion of the marine industry in the region is another factor predicted to contribute towards the regional growth. Along with this, rapid development is of urban settings is leading to a massive surge in demand for unsaturated polyester resin market.  Moreover, the growing need to reduce emission in the automobile sector is increase the demand of unsaturated polyester resin in the region. The light weight property of unsaturated polyester resin is makes unsaturated polyester resin ideal for the vehicle engine.  

High price of Unsaturated Polyester Resin Market to Hamper Market Growth

The constantly depleting resources of polyester resin in Asia Pacific is creating a threat for the key players operating in the region. Due to this, the price of unsaturated polyester resin are likely to increase in the region. The high cost of unsaturated polyester resin may force end user to look for a substitute. However the increasing technology lead innovation by the key players is anticipated to create lucrative opportunity in the unsaturated polyester resin market in the near future.

This review is based on Transparency Market’s Research report, titled “Unsaturated Polyester Resin Market (Product – Orthophthalic, Isophthalic, DCPD; Application – Building and Construction, Tanks and Pipes, Electrical, Marine, Transport, Artifical stones) – Asia Pacific Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023.”

The global agricultural films market has been segmented as follows:


  • Orthophthalic
  • Isophthalic
  • DCPD
  • Others (Including vinyl esters, terephthalic esters, etc.)


  • Building & construction
  • Tanks & pipes 
  • Electrical
  • Marine
  • Transport
  • Artificial stones
  • Others (Including aerospace, wind energy, etc.)


  • China
  • India
  • Indonesia
  • Malaysia
  • Singapore
  • Thailand
  • Rest of Asia Pacific

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.


90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

7 of 10 large enterprizes view our ToC to take the right decision.

View Report ToC