The building and construction sector is the most important application segment for the market, especially as emerging economies are making substantial investments in the improvement and development of the infrastructure sector. UPR has widespread applications in the construction sector, as this type of resin is utilized in the manufacture of FRP, artificial stones, marbles, granites, and putties.One of the major factors propelling the growth of the market in the region is the rapid industrialization of countries such as Malaysia, India, and China.

 

The global UPR market for building and construction was valued at $XX million in 2018 and Thermoset polyester resins Manufacturers will reach $XX million by 2026, growing at a CAGR of XX%..Geographical ShareBased on the region, the global Unsaturated Polyester Resin market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Key players are shifting their manufacturing units in these countries owing to favorable factors like relaxed norms, cheap labor, and wide customer base. Among all of the regions, Asia Pacific dominated the global Unsaturated Polyester Resin market owing to growth in the end-user industries, such as composites and automotive manufacturing.

 

In line with this, the rapid expansion of the building and construction sector in Nigeria, Kenya, and Brazil has been positively influencing the growth of the global UPR market. The building and construction sector holds the largest share of the global market and is expected to continue its growth trajectory over the next five years.Building and construction industry holds the majority of market share in 2018

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