Unsaturated polyester resins are synthesized by using raw materials such as glycols, phthalic anhydride, and dibasic organic acids. Unsaturated polyester resins are extensively employed in tanks & pipes, building & construction, electrical, marine, transport, artificial stones, and other industries. Building & construction was the largest end-user segment of the unsaturated polyester resin market in Asia Pacific in 2014. However, the marine segment is likely to be the fastest-growing end-user of the unsaturated polyester resin market in Asia Pacific from 2015 to 2023. Orthophthalic resins held majority share of the unsaturated polyester resin market in Asia Pacific in 2014 due to its high tensile strength. The unsaturated polyester resin market is highly fragmented in nature and is expected to face high degree of competition by 2023. There is significant threat of substitutes, such as epoxy resins and polyurethane, in the unsaturated polyester resin market in Asia Pacific. Browse The Full Market Report ,Here : http://www.transparencymarketresearch.com/asia-pacific-unsaturated-polyester-resin-market.html
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