PUBLISHER: IMARC | PRODUCT CODE: 1746836
PUBLISHER: IMARC | PRODUCT CODE: 1746836
Japan unsaturated polyester resins market size reached USD 754.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,111.8 Million by 2033, exhibiting a growth rate (CAGR) of 4.19% during 2025-2033. The increasing development in the construction and infrastructure sector that escalates the demand for unsaturated polyester resins, as they are used in various construction materials, is driving the market.
Unsaturated polyester resins (UPRs) are a versatile class of synthetic polymers widely used in the manufacturing of various composite materials and products. These resins are derived from the reaction between a diol and a diacid, resulting in a thermosetting polymer with unsaturated bonds in its structure. UPRs are prized for their exceptional mechanical properties, corrosion resistance, and ease of handling during processing. One key application of UPRs is in the production of fiberglass-reinforced composites, such as boat hulls, automotive parts, and construction materials. When combined with a catalyst and a curing agent, UPRs undergo a cross-linking reaction, transforming them from a liquid state into a solid, durable material that cannot be melted or reshaped once cured. UPRs offer advantages like low cost, excellent moldability, and the ability to create lightweight yet robust products. They find use in various industries, including marine, automotive, construction, and aerospace, making them a crucial component in the development of strong, lightweight, and corrosion-resistant materials for a wide range of applications.
The unsaturated polyester resins market in Japan is experiencing robust growth, primarily driven by several key factors. Firstly, increasing demand for lightweight materials in various industries, such as automotive, construction, and aerospace, has spurred the adoption of unsaturated polyester resins due to their excellent strength-to-weight ratio. Moreover, the emphasis on sustainability and environmental concerns has led to a shift towards these resins, as they can be formulated to be more eco-friendly compared to other alternatives. Furthermore, the construction industry's expansion, driven by urbanization and infrastructure development, has created a substantial demand for unsaturated polyester resins in applications like laminates and composites. Additionally, advancements in resin technology, including the development of low-VOC (volatile organic compound) formulations and improved curing processes, have further boosted market growth. Moreover, the growing popularity of unsaturated polyester resins in the marine industry for manufacturing boats and yachts has provided a significant impetus to the market. This, combined with an increasing focus on product innovation and customization, is expected to sustain the upward trajectory of the unsaturated polyester resins market in the foreseeable future.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the key players include: