According to a market report by Lucintel, the future of the unsaturated polyester resin in the global automotive composites market looks promising with opportunities various applications, including pickups, closure panels, body panels, fenders, GOR (grille opening reinforcement), heat shields, and headlamp reflectors. The unsaturated polyester resin in the global automotive composites market is expected to reach an estimated $358 million by 2030 from $302 million by 2023 at a CAGR of 2% from 2023 to 2030. The major drivers for this market are 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.
Browse 95 figures/charts and 74
tables in this 177-page report to understand trends, opportunity and forecast in unsaturated polyester resin in the global
automotive composites market to 2030 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).
Lucintel
forecasts that others will remain the largest application over the forecast
period due to increasing penetration of composites materials in automotive
applications.
SMC (Sheet
Molding Compound) unsaturated polyester resin in the global automotive
composites will remain the largest segment over the forecast period 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.
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sample by clicking on unsaturated polyester resin in the
global automotive composites market
North
America is expected to remain the largest region over the forecast period due
due to growth in end use industries.
Polynt
group, AOC, INEOS Compositse, Covestro AG, Tianhe Resin Co. Ltd. are the
major suppliers in the unsaturated polyester resin in the global automotive
composites market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for
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years. We are quoted in several publications like the Wall Street Journal,
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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