According to IMARC Group’s latest report titled "India Unsaturated Polyester Resins Market Size, Share, Trends, and Forecast by Type, End-Use, Form, and Region, 2025-2033", the market is growing significantly due to the accelerating urbanization and the adoption of lightweight composite materials in the automotive sector. The study offers a profound analysis of the industry, encompassing India unsaturated polyester resins market trends, share, size, growth factors, key trends, and regional insights. The report covers critical market dynamics, including the widespread use of fiber-reinforced plastic (FRP) in smart city infrastructure, the push for electric vehicles (EVs) utilizing lightweight composites, and the shift towards low-VOC resin formulations.Request Free Sample Report (Exclusive Offer on Corporate Email): https://www.imarcgroup.com/india-unsaturated-polyester-resins-market/requestsample
India Unsaturated Polyester Resins Market Overview
The India unsaturated polyester resins market size reached USD 951.90 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,980.20 Million by 2033, exhibiting a growth rate (CAGR) of 7.60% during 2025-2033.
The market is primarily driven by the robust expansion of the construction sector, fueled by government initiatives like the Smart Cities Mission and large-scale transportation networks. Unsaturated polyester resins (UPR) are extensively used in roofing sheets, pipes, and panels due to their corrosion resistance and durability. The automotive and transportation industry is another major driver, with a growing preference for UPR-based composites to reduce vehicle weight and improve fuel efficiency—a trend accelerated by India's burgeoning Electric Vehicle (EV) market, which is projected to reach $27.70 Billion by 2028. Additionally, the marine and wind energy sectors utilize these resins for their superior strength-to-weight ratio in boat hulls and wind turbine blades.
Top Emerging Trends in the India Unsaturated Polyester Resins Market:
Sustainable Formulations: Increasing development of eco-friendly resins with reduced styrene emissions and low-VOC content to meet environmental standards.
Prefabricated Construction: Rising adoption of UPR-based composites in modular construction to enhance efficiency and reduce maintenance costs.
EV Lightweighting: Surge in demand for lightweight composite materials in electric vehicles to offset battery weight and extend range.
Resin Innovation: Advancements in fire-resistant and corrosion-resistant variants expanding the application scope in public transport and hazardous industrial environments.
India Unsaturated Polyester Resins Market Growth Factors (Drivers)
Infrastructure Boom: Rapid urbanization requiring durable building materials like FRP panels and pipes.
Automotive Modernization: The shift towards replacing metal parts with composites for better performance and fuel economy.
Energy Sector Demand: Growing installation of wind energy capacity utilizing resin-based turbine blades.
Corrosion Resistance: High demand from chemical processing and marine industries for materials that withstand harsh environments.
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