HYDERABAD, India, April 13, 2026 /PRNewswire/ -- According to the latest report from Mordor Intelligence, the global unsaturated polyester resin market is projected to grow from approximately USD 11.95 billion in 2026 to nearly USD 15.04 billion by 2031, registering a CAGR of 4.71%. Growth is primarily supported by rising demand from wind turbine blade manufacturing, lightweight components in electric vehicles, and ongoing infrastructure development, particularly across Asia-Pacific. However, increasingly stringent VOC regulations and environmental concerns are moderating market momentum. In addition, volatility in raw material prices, especially maleic anhydride, continues to influence cost structures and supply strategies. While Asia-Pacific leads in overall consumption, North America and Europe are increasingly focusing on low-styrene and sustainable resin alternatives, with innovation centered on recycled and low-emission materials.
Emerging Trends & Developments:
Rising Use in Wind Turbine Components
Growing offshore wind projects are pushing demand for composite materials, with UPR widely used due to its cost efficiency and suitability for large blades. At the same time, stricter sustainability rules are encouraging the use of recyclable resin blends, improving end-of-life handling and reducing environmental impact.
Expansion in Automotive and Mobility Applications
The automotive sector continues to adopt UPR-based composites for lightweight and durable parts, especially in electric vehicles. Manufacturers are focusing on materials that offer fire resistance, structural stability, and reduced emissions, while advanced molding techniques help meet regulatory and performance needs.
Infrastructure Growth Across Emerging Economies
Rapid urban development in Asia is driving the use of corrosion-resistant UPR materials in construction projects. These resins are preferred for pipelines and structural applications due to their durability, lower costs, and longer service life, alongside increasing emphasis on sustainable building practices.
Himanshu Vasisht, Senior Research Manager, Mordor Intelligence, says, "The unsaturated polyester resin market reflects steady demand linked to construction, automotive, and industrial applications, with trends supported by observable production and end-use activity. Mordor Intelligence applies consistent research frameworks and validated industry inputs, offering balanced, decision-relevant insights grounded in verifiable data."
For a full breakdown of unsaturated polyester resin market size, segmentation data, and competitive intelligence, access all details of the Mordor Intelligence report at: https://www.mordorintelligence.com/industry-reports/unsaturated-polyester-resin-upr-market?utm_source=prnewswire
Unsaturated Polyester Resin Segmentation Overview:
By Raw Material
- Maleic Anhydride
- Phthalic Anhydride
- Propylene Glycol
- Styrene Monomer
- Others (Additives, Initiators)
By Product Type
- Ortho-resins
- Isoresins
- Dicyclopentadiene (DCPD)
- Other Types
By Form
- Liquid
- Powder
By End-use Industry
- Building and Construction
- Chemical
- Electrical and Electronics
- Paints and Coatings
- Transportation
- Other End-user Industries
By Geography
- Asia-Pacific
- North America
- Europe
- South America
- Middle East and Africa
Gain Region-Wise Analysis and Localized Coverage, Including the Japanese Edition: https://www.mordorintelligence.com/ja/industry-reports/unsaturated-polyester-resin-upr-market?utm_source=prnewswire
Unsaturated Polyester Resin Companies:
- Allnex GmbH
- AOC
- Ashland
- BASF SE
- Covestro AG
- Crystic Resins India Pvt. Ltd.
- DIC Corporation
- INEOS
- Interplastic Corporation
- Polynt S.p.A.
- Scott Bader Company Ltd
- SWANCOR
- U-Pica Company
- Xinyang Technology Group
- Zhangzhou Yabang Chemical Co., Ltd.
- Zhejiang Tianhe Resin Co., Ltd.
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