Report overview
The global Unsaturated Polyester Molding Compounds market size was valued at US$ 892.4 million in 2024 and is projected to reach US$ 1.23 billion by 2030, at a CAGR of 5.5% during the forecast period 2024-2030.
The United States Unsaturated Polyester Molding Compounds market size was valued at US$ 245.6 million in 2024 and is projected to reach US$ 334.5 million by 2030, at a CAGR of 5.3% during the forecast period 2024-2030.
Unsaturated Polyester Molding Compounds are thermoset materials based on unsaturated polyester resins, offering good mechanical properties and surface finish.
The global Unsaturated Polyester Molding Compounds market is experiencing steady growth, driven by construction and transportation applications. In 2023, total production reached 450,000 metric tons, with construction components accounting for 40% of demand. The transportation segment is growing at 6.2% annually. The market saw a 18% increase in demand for low-shrink formulations in 2023. Sheet Molding Compounds dominate with a 60% market share, while Bulk Molding Compounds are growing at 5.8% annually. Asia Pacific leads with a 45% market share, while India is the fastest-growing region at 6.5% CAGR. The industry is focusing on developing bio-based formulations, with a 22% growth in R&D investments.
Report Overview
Unsaturated Polyester Molding Compounds refer to thermosetting resins based on unsaturated polyester, used in compression molding and other molding processes to produce various industrial and consumer goods.
This report provides a deep insight into the global Unsaturated Polyester Molding Compounds market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Unsaturated Polyester Molding Compounds Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Unsaturated Polyester Molding Compounds market in any manner.
Global Unsaturated Polyester Molding Compounds Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
IDI
A.Schulman (BMCI)
SDK
Lorenz
Polynt
Tencate
Huayuan Group
Mar-Bal
Yueqing SMC&BMC
Polmix
Changzhou Fonda
Kyocera
Jiangshi Composite
Jinchuangyi Electric
Astar
Changzhou Haoyuan
Cuyahoga Plastics
Plenco
CME
Donghai Composite
Molymer Group
Aomingwei
Shimada
Wah Hong Ind
Foshan Ripeng
Market Segmentation (by Type)
Sheet Molding Compounds
Bulk Molding Compounds
Market Segmentation (by Application)
Electrical
Automotive
Others
Geographic Segmentation
