According to a market report by Lucintel, the future of the unsaturated polyester resin in the global automotive composites market looks promising with opportunities in 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 grow with a CAGR of 3% from 2024 to 2031. The major driver for unsaturated polyester resin in the global automotive composites market growth are 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.
A more than 150-page
report to understand trends, opportunity and forecast in unsaturated
polyester resin in the global automotive composites market to 2031 by application
(pick up, closure panels, body panels, fender, GOR, heat shields, headlamp
reflectors, and other applications), 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.
Download
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
to growth in end use industries.
Polynt
group, AOC (Nippon Paint Holdings Co., Ltd), INEOS Composites (KPS Capital),
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. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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