Unsaturated polyester resin in the global automotive composition market …
(MENAFN- GetNews) Trends, Opportunities & Forecast for Unsaturated Polyester Resin in Global Automotive Composites to 2026 by Application (Pickup, Fence Panels, Body Panels, Fenders, GORs, Heat Shields, Reflectors headlights and others), material (SMC and BMC) and region (North America, Europe, Asia-Pacific and rest of the world)
Lucintel’s latest market report analyzed that the unsaturated polyester resin in global automotive composites offers exciting opportunities in various applications, including pickups, closure panels, body panels, fenders, GOR (GOR). ‘grille opening), heat shields and headlight reflectors. The unsaturated polyester resin in the global automotive composites market is expected to reach $ 0.3 billion by 2026 with a CAGR of 3.7%. In this market, SMC is the most important segment by material, while the headlight reflector is the most important by application. The development of a polyester resin system with low VOC emissions and the increasing switch to bio-based resins offer a strategic growth path in this market.
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On the basis of material, unsaturated polyester resin in the global automotive composites market is segmented into SMC and BMC. The SMC segment accounts for the largest market share in 2020 due to its higher flexural strength and tensile strength than BMC. SMC also has longer fiber length and higher fiber content components in body and closure panel applications and these qualities will drive growth in this segment over the forecast period.
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74 – Tables
95 – Figures
177 – Pages
The unsaturated polyester resin in the global automotive composites market is marked by the presence of several large and small players. Some of the major players offering unsaturated polyester resin in global automotive composites include Polynt-Reichhold, Ashland, AOC, Swarncor and Scott Bader.
This unique research report will allow you to make confident business decisions in this globally competitive market. For a detailed table of contents, contact Lucintel at + 1-972-636-5056 or click on this link.
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