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Polyester Resins, Unsaturated

Chemical Economics Handbook

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Published April 2023

Global consumption of unsaturated polyester resin (UPR) will maintain a positive average annual growth rate during 2022–27; UPR for fiber-reinforced (FRPs) plastics accounts for nearly two-thirds of total consumption. Fiber-reinforced plastics are used in construction, marine, automotive, consumer goods and industrial products.

One of the characteristics of the UPR industry is that a small number of UPR producers control a large market share in North America, Europe and Japan. On the other hand, many large producers operate in mainland China, with 40-50 companies producing UPR at more than 70 sites.

In 2022, the largest consuming region was Asia, followed by Europe and North America; mainland China was the largest consuming market.

The major driver of consumption for UPR is the construction industry, in which UPR is used mainly for bathroom components and fixtures, corrosion-resistant tanks, pipes and ducts, cultured marble, and panels for floors and walls.

The following pie chart shows world consumption of unsaturated polyester resins:

This report provides an excellent insight into the global market for UPR, with a detailed breakdown of end uses of UPR for both FRP and non-FRP.

For more detailed information, see the table of contents, shown below.

S&P Global’s Chemical Economics Handbook – Polyester Resins, Unsaturated is the comprehensive and trusted guide for anyone seeking information on this industry. This latest report details global and regional information, including

Key Benefits

S&P Global’s Chemical Economics Handbook – Polyester Resins, Unsaturated has been compiled using primary interviews with key suppliers, organizations and leading representatives from the industry in combination with S&P Global’s unparalleled access to upstream and downstream market intelligence, expert insights into industry dynamics, trade and economics.

This report can help you:

  • Identify trends and driving forces influencing chemical markets
  • Forecast and plan for future demand
  • Understand the impact of competing materials
  • Identify and evaluate potential customers and competitors
  • Evaluate producers
  • Track changing prices and trade movements
  • Analyze the impact of feedstocks, regulations and other factors on chemical profitability
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Table of Contents

Section Page Number

Executive summary 7
Summary 10
Introduction 16
Environmental issues 17
North America 17
Europe 18
REACH 18
The EU VOC Directive 18
Manufacturing processes 20
Spray-up resins 21
Press-molding resins 21
Flame-retardant resins 21
Chemical-resistant resins 22
Application methods 23
Fiberglass-reinforced plastics (FRP) 23
Contact molding 24
Press molding 24
Resin transfer molding (RTM) 24
Sheet-molding compound (SMC) 24
Bulk-molding compound (BMC) 25
Preform mat moldings 25
Injection molding 25
Other 25
Filament winding 25
Continuous lamination 26
Pultrusion 26
Resin infusion 26
Nonreinforced plastics 26
Casting 26
Other 26
Auto repair putty and filler 26
Potting and encapsulating compounds 26
Surface coating resins 27
Raw material requirements 28
Supply and demand by region 30
United States 30
Producing companies 30
Production 33
Consumption 34
Fiberglass-reinforced plastics (FRP) 37
Construction 37
Marine and marine accessories 39
Land transportation 40
Consumer goods 41
Electrical components 41
Other 41
Nonreinforced plastics 42
Casting resins 42
Gel coats 42
Auto repair putty and filler 43
Other 44
Price 44
Trade 46
Imports 46
Exports 47
Canada 48
Producing companies 48
Salient statistics 48
Consumption 49
Trade 51
Mexico51
Producing companies 51
Salient statistics 52
Consumption 52
Trade 53
Central and South America 53
Producing companies 53
Salient statistics 55
Western Europe 58
Producing companies 58
Production 65
Consumption 67
Consumption by country 68
Consumption by end use 69
Automotive and other transportation 71
Building and construction 71
Pipes and tanks 71
Marine 72
Electrical applications 72
Wind energy 72
Coatings (wood coatings, gel coats and other top coats) 73
Other 74
Price 74
Trade 75
Central and Eastern Europe 76
Producing companies 76
Production 78
Consumption 78
Trade 80
Middle 78
East 81
Producing companies 81
Production 83
Consumption 83
Trade 84
Africa 84
Producing companies 84
Production 85
Consumption 85
Indian Subcontinent 86
Producing companies 86
Salient statistics 87
Trade 88
Mainland China 88
Producing companies 88
Salient statistics 92
Consumption 92
Reinforced UPR 94
Nonreinforced UPR 94
Price 94
Trade 95
Japan 95
Producing companies 95
Salient statistics 97
Recycling 99
Consumption 99
Glass/fiber-reinforced 101
Construction 101
Industrial products 102
Marine and transportation 103
Other 103
Nonreinforced 104
Price 104
Trade 105
Other Northeast Asia 106
South Korea 106
Producing companies 106
Salient statistics 107
Taiwan 108
Producing companies 108
Salient statistics 108
Southeast Asia 109
Indonesia 110
Producing companies 110
Salient statistics 111
Malaysia 112
Producing companies 112
Salient statistics 113
Philippines 114
Producing companies 114
Salient statistics 114
Singapore 115
Thailand 116
Producing companies 116
Salient statistics 117
Vietnam 118
Oceania 118
Producing companies 118
Salient statistics 118
Additional resources 120
Revisions 122
Data Workbook 123

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