Albany, NY, Feb. 27, 2015 (GLOBE NEWSWIRE) -- Transparency Market Research has published a new report analyzing the global unsaturated polyester resin market, titled 'Unsaturated Polyester Resin Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019'. The report estimates that rising demand from the construction industry will enable the unsaturated polyester resin market to improve upon its 2012 valuation, US$6.54 billion, to reach a market value of US$10.48 billion by 2019, at a CAGR of 7.5%.
Browse Full Market Research of Unsaturated Polyester Resin Market: http://www.transparencymarketresearch.com/unsaturated-polyester-resin.html
Unsaturated polyester resin has various applications in the construction industry. The market suffered as a result of the 2008 recession, but the post-recession boom for the construction industry is expected to aid the unsaturated polyester resin market during the report's forecast period.
The report looks into the Global Unsaturated Polyester Resin Market according to product type, end-use application, and geographical distribution. The markets for four types of unsaturated polyester resin are analyzed: orthopthalic, isopthalic, DCPD resins, and other types such as vinyl ester resins. Of these, orthopthalic resins account for 35% of the market. They are growingly in demand from the construction industry, which will help maintain their dominant share in the unsaturated polyester resin market. The marine and transportation industries are also expected to become major consumers of orthopthalic polyester resin.
Get Sample Report Copy OR For further inquiries, click here : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=857
Unsurprisingly, the construction industry has the highest demand for unsaturated polyester resin, taking up 25% of the global market. The rapid expansion of the construction industry in developing economies such as the BRIC countries as well as numerous South Asian countries is expected to help maintain the construction industry's dominant market share in unsaturated polyester resin. Tanks and pipes are the other dominant application of unsaturated polyester resin; this industry is expected to expand along with the construction industry. Other applications of unsaturated polyester resin include the transportation, marine, and artificial stone industries, and other industries such as aerospace and wind energy.
Browse Press Release of Unsaturated Polyester Resin Market : http://www.transparencymarketresearch.com/pressrelease/unsaturated-polyester-resin.htm
Among the four regional subdivisions of the unsaturated polyester resin market, Asia Pacific is expected to add to its 2012 market share of 50%. The booming construction industry in developing economies such as China and India will prop up the unsaturated polyester resin market in Asia Pacific. This is also true of the Rest of World category, thanks to developing economies such as the Gulf countries and Brazil. The North American market is expected to remain steady, while increasing environmental regulations will restrict the market in Europe. Along with the consistently increasing demand from developing economies, the increasing market for fiberglass is also expected to be a major opportunity in the global unsaturated polyester resin market, while the expected increase in environmental regulations will be the major restraint, along with fluctuating prices of raw materials.
Other Reports By Transparency Market Research :
- Smart Materials Market : http://www.transparencymarketresearch.com/smart-materials-market.html
- Advanced Polymer Composites Market : http://www.transparencymarketresearch.com/advanced-polymer-composites-market.html
The report covers multinational unsaturated polyester resin giants such as BASF SE, CCP Composites, Ashland Inc., Tianhe Resin Co. Ltd., etc. Multinational corporations such as these control virtually the entire unsaturated polyester resin market.
- Browse All Chemical Market Research Reports : http://www.transparencymarketresearch.com/chemical-market-reports-2.html
- Browse All Energy Research Reports : http://www.transparencymarketresearch.com/energy-market-reports-3.html
About Us :
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
CONTACT: Mr. Nachiket Ghumare State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Follow Us on Twitter : https://twitter.com/TMR_Chemicals Email: email@example.com Website: http://www.transparencymarketresearch.com/
Source:Transparency Market Research