Published by maria gbaf
Posted on November 9, 2021
Booming infrastructure and adoption in automotive industry will be a strong focus area for Isophthalic Unsaturated Polyester Resin (UPR) manufacturers in 2021 and beyond, opines the latest study by Fact.MR. According to the report, the market will exhibit a steady growth at 5.3% CAGR through 2030. Steady recovery and increasing demand from the end-users will support the growth of UPR market.
The latest edition of UPR market by Fact.MR finds that the consistent demand from the marine, construction and automotive industries to spur the sales of Isophthalic Unsaturated Polyester Resin. Application in building & construction industry accounts for the major market share backed by the increased demand for anti-corrosive elements from the manufacturers. Significant application of UPR in manufacturing high quality bathroom fittings, followed by increased isophthalic UPR adoption to bolster the demand of Isophthalic Unsaturated Polyester Resin. Hence fostering the sales.
The global Isophthalic Unsaturated Polyester Resin market will multiply 1.5X from 2020 to 2030. Growth of this market is accredited to superior quality of products, and components manufactured using different kinds of Isophthalic Unsaturated Polyester Resins. The versatility of applications in high growth industries such as building & construction, marine, and automotive will continue to generate profits. However, as governments around the world cut off non-essential imports and exports to contain coronavirus, the market for Isophthalic Unsaturated Polyester Resins will witness a marginal slump. Market players are facing challenges in production and distribution channels. China is the largest market for Isophthalic Unsaturated Polyester Resins. The effect of COVID-19 on Chinese economy greatly affects the growth trajectory of this market.
For more Insights into the Market, Request a Sample of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=4731
Key Takeaways of Isophthalic Unsaturated Polyester Resin Market Study
Global Isophthalic Unsaturated Polyester Resin Market: In-Depth Assessment on Key Segments
The global Isophthalic Unsaturated Polyester Resin market is segmented on the basis of product, end-use, and region.
Product
End-Use
Region
Building & Construction to Pave Way for COVID-19 Recovery
Current situations pose a tough challenge for market players. The loss of productive employee hours, and disruption of the supply chain are main concerns. However, recovery strategies must involve targeted building & construction projects post the pandemic. Increasing application of Isophthalic Unsaturated Polyester Resin in roofing, reinforcing, and fitting components is a major growth driver for the market. This traction can be attributed to anti-corrosive and high-strength properties of composites made from Isophthalic Unsaturated Polyester Resins. Favorable government initiatives such as LaGuardia & O’Hare airport construction in the US, Beijing airport construction in China, and Make in India program are favorable regional trends. Another driver of market growth is the urgent need to increase the fuel efficiency of the automotive industry. Isophthalic Unsaturated Polyester Resins are employed in producing light-weight, high-tensile strength components to reduce vehicle weight and increase fuel efficiency.
Find More Valuable Insights on Isophthalic Unsaturated Polyester Resin Market
Fact.MR, in its new offering, brings to fore an unbiased analysis of the Isophthalic Unsaturated Polyester Resin market, presenting historical demand data (2014-2018) and forecast statistics for the period, 2019-2029. The study divulges compelling insights on the Isophthalic Unsaturated Polyester Resin market on the basis of product (DCPD, orthophthalic, isophthalic, and others), end-use (building & construction, tanks & pipes, electrical, marine, transport, artificial stones, and others), and across six major regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and Middle East & Africa).
Get Customization on this Report for Specific Research Solutions – https://www.factmr.com/connectus/sample?flag=RC&rep_id=4731
More Valuable Insights on Isophthalic Unsaturated Polyester Resin Market
Fact.MR, in its latest report, presents a detailed analysis of the global Isophthalic Unsaturated Polyester Resin market. The study divulges essential insights on the Isophthalic Unsaturated Polyester Resin market on the basis of product (DCPD, orthophthalic, isophthalic, and others), end-use (building & construction, tanks & pipes, electrical, marine, transport, artificial stones, and others), and region (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA)
Key Questions Covered in the Report
Explore Fact.MR’s Coverage on the Chemicals and Materials Domain:
Bio-succinic Acid Market – Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2020 to 2030
Surge Suppression IC Market –Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031
Liquid Propellants Market – Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
Booming infrastructure and adoption in automotive industry will be a strong focus area for Isophthalic Unsaturated Polyester Resin (UPR) manufacturers in 2021 and beyond, opines the latest study by Fact.MR. According to the report, the market will exhibit a steady growth at 5.3% CAGR through 2030. Steady recovery and increasing demand from the end-users will support the growth of UPR market.
The latest edition of UPR market by Fact.MR finds that the consistent demand from the marine, construction and automotive industries to spur the sales of Isophthalic Unsaturated Polyester Resin. Application in building & construction industry accounts for the major market share backed by the increased demand for anti-corrosive elements from the manufacturers. Significant application of UPR in manufacturing high quality bathroom fittings, followed by increased isophthalic UPR adoption to bolster the demand of Isophthalic Unsaturated Polyester Resin. Hence fostering the sales.
The global Isophthalic Unsaturated Polyester Resin market will multiply 1.5X from 2020 to 2030. Growth of this market is accredited to superior quality of products, and components manufactured using different kinds of Isophthalic Unsaturated Polyester Resins. The versatility of applications in high growth industries such as building & construction, marine, and automotive will continue to generate profits. However, as governments around the world cut off non-essential imports and exports to contain coronavirus, the market for Isophthalic Unsaturated Polyester Resins will witness a marginal slump. Market players are facing challenges in production and distribution channels. China is the largest market for Isophthalic Unsaturated Polyester Resins. The effect of COVID-19 on Chinese economy greatly affects the growth trajectory of this market.
For more Insights into the Market, Request a Sample of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=4731
Key Takeaways of Isophthalic Unsaturated Polyester Resin Market Study
Global Isophthalic Unsaturated Polyester Resin Market: In-Depth Assessment on Key Segments
The global Isophthalic Unsaturated Polyester Resin market is segmented on the basis of product, end-use, and region.
Product
End-Use
Region
Building & Construction to Pave Way for COVID-19 Recovery
Current situations pose a tough challenge for market players. The loss of productive employee hours, and disruption of the supply chain are main concerns. However, recovery strategies must involve targeted building & construction projects post the pandemic. Increasing application of Isophthalic Unsaturated Polyester Resin in roofing, reinforcing, and fitting components is a major growth driver for the market. This traction can be attributed to anti-corrosive and high-strength properties of composites made from Isophthalic Unsaturated Polyester Resins. Favorable government initiatives such as LaGuardia & O’Hare airport construction in the US, Beijing airport construction in China, and Make in India program are favorable regional trends. Another driver of market growth is the urgent need to increase the fuel efficiency of the automotive industry. Isophthalic Unsaturated Polyester Resins are employed in producing light-weight, high-tensile strength components to reduce vehicle weight and increase fuel efficiency.
Find More Valuable Insights on Isophthalic Unsaturated Polyester Resin Market
Fact.MR, in its new offering, brings to fore an unbiased analysis of the Isophthalic Unsaturated Polyester Resin market, presenting historical demand data (2014-2018) and forecast statistics for the period, 2019-2029. The study divulges compelling insights on the Isophthalic Unsaturated Polyester Resin market on the basis of product (DCPD, orthophthalic, isophthalic, and others), end-use (building & construction, tanks & pipes, electrical, marine, transport, artificial stones, and others), and across six major regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and Middle East & Africa).
Get Customization on this Report for Specific Research Solutions – https://www.factmr.com/connectus/sample?flag=RC&rep_id=4731
More Valuable Insights on Isophthalic Unsaturated Polyester Resin Market
Fact.MR, in its latest report, presents a detailed analysis of the global Isophthalic Unsaturated Polyester Resin market. The study divulges essential insights on the Isophthalic Unsaturated Polyester Resin market on the basis of product (DCPD, orthophthalic, isophthalic, and others), end-use (building & construction, tanks & pipes, electrical, marine, transport, artificial stones, and others), and region (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA)
Key Questions Covered in the Report
Explore Fact.MR’s Coverage on the Chemicals and Materials Domain:
Bio-succinic Acid Market – Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2020 to 2030
Surge Suppression IC Market –Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031
Liquid Propellants Market – Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
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