Unsaturated Polyester Resin In The Global Automotive Composites Market Is Anticipated To Grow At A Cagr Of 3.7% During 2021-2026

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The unsaturated polyester resin in the global automotive composites market is projected to reach $0.3 billion by 2026, at a CAGR of 3.7% during 2021-2026. The growth of unsaturated polyester resin in the global automotive composites market is driven by the increasing demand for lightweight materials, and performance benefits of reinforced composites over rival materials. UPR Composites with properties such as easy to process, high tensile strength, lightweight, good corrosion resistance and surface tension are ideal for manufacturing lightweight and fuel-efficient vehicles.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the Unsaturated polyester resin in the global automotive composites market by application (pick up, closure panels, body panels, fender, GOR, heat shields, headlamp reflectors, and others), material (SMC and BMC), and region (North America, Europe, Asia Pacific and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the unsaturated ...
... polyester resin in the global automotive composites market?
Q.4 What are some changing demands of customers in the unsaturated polyester resin in the global automotive composites market?
Q.5 What are the new developments in the unsaturated polyester resin in the global automotive composites market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this unsaturated polyester resin in the global automotive composites area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this unsaturated polyester resin in the global automotive composites market?
Emerging trends, which have a direct impact on the dynamics of the industry, include development of polyester resin system with low VOC emission and increasing shift to bio-based resins.

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Market Segmentation:
Based on material, the unsaturated polyester resin in the global automotive composites market is segmented into SMC and BMC. The SMC segment is accounted for the largest share of the market in 2020 because of its greater flexural strength and tensile strength than BMC. SMC also has longer fiber length and higher fiber content components in body and closure panel applications and these qualities will spur growth for this segment over the forecast period.
North America is expected to be the largest region over the forecast period experience and is expected to experience the highest growth over the forecast period due to growth in end use industries.
Key Players in the unsaturated polyester resin in the global automotive composites market are Polynt-Reichhold, Ashland, AOC, Swarncor, and Scott Bader.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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