Unsaturated polyester resin (UPR) is a type of thermoset molding resin, which is used for the production of glass fiber reinforced plastics (FRP). They can also be referred to as the condensation products of anhydrides and diols or unsaturated acids. The resin exhibits several physical properties, such as high binding and impact strength, tensile, and resistance against corrosion and heat. Unsaturated polyester resins are also characterized by excellent electrical insulation, surface finish, high impact strength, high rigidity, and dimensional stability against temperature variations. As a result, they are extensively used in the manufacturing of composite materials, laminated panels, coatings, wood paints, sanitary ware, corrugated panels, and coloring pastes.
The increasing demand for FRP across the construction, marine, and transportation industries is one of the key factors primarily driving the market growth. FRPs are durable, lightweight, flexible, affordable, and offer excellent resistance. The rising demand for unsaturated polyester resin as a replacement for several metals, such as steel and aluminum, and the rapid urbanization are acting as other growth-inducing factors. For instance, UPR is extensively used in the production of decks and hulls of boats, wind turbine blades, and land transport components. Apart from this, the key players are heavily investing in the research and development (R&D) activities to introduce bio-based UPRs, which are characterized by improved recyclability and high strength. The rapid technological advancements and the increasing product demand in the chemical industry for the manufacturing of castings, adhesives, flooring materials, composites, gel coats, and pigment pastes are providing a considerable boost to the market growth. Moreover, the increasing demand for non-reinforced cross-linked UPR in the automotive industry for the manufacturing of automobile components is providing an impetus to the market growth. Other factors, such as the rapid expansion of the construction sector and the increasing demand for UPR in the aerospace industry, are creating a positive outlook for the market.
This production cost analysis report by Syndicated Analytics is the result of a comprehensive examination of the unsaturated polyester resin manufacturing process. The study covers all the requisite aspects that one needs to know while making a foray into the unsaturated polyester resin industry. It is based on the latest economic data and presents exhaustive insights about the primary process flow, raw material requirements, reactions involved, utility costs, operating costs, capital investments, pricing, margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the unsaturated polyester resin industry.
The following technical and economic aspects are included in the report:
Market Trends
Impact of COVID-19
Major Regions
Key Manufacturers
Price Trends
Mass Balance and Raw Material Requirements
Various Types of Unit Operations Involved
Raw Material Costs
Utility Costs
Labor Costs
Packaging Costs
Transportation Costs
Land and Construction Costs
Machinery Costs
Profit Margins
Product Pricing
Key Questions Answered in This Report?
What are the various unit operations involved in manufacturing unsaturated polyester resin?
What are the raw material requirements and costs in manufacturing unsaturated polyester resin?
What are the utility requirements and costs in manufacturing unsaturated polyester resin?
What are the manpower requirements and costs in manufacturing unsaturated polyester resin?
What are the packaging requirements and costs in manufacturing unsaturated polyester resin?
What are the transportation requirements and costs in manufacturing unsaturated polyester resin?
What are the land requirements and costs in manufacturing unsaturated polyester resin?
What are the construction requirements and costs in manufacturing unsaturated polyester resin?
What are the profit margins in unsaturated polyester resin?
What should be the pricing mechanism of unsaturated polyester resin?
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Research Methodology
3 Executive Summary
4 Global Unsaturated Polyester Resin Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Impact of COVID-19
4.4 Market Forecast
4.5 Market Breakup by Segment
4.6 Market Breakup by Region
4.7 Price Trends
4.7.1 Unsaturated Polyester Resin Price Trends
4.7.2 Product Margins
5 Unsaturated Polyester Resin Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Production Cost Analysis
6.1 Raw Material Cost Analysis
6.1.1 Price Trend of Raw Materials Required
6.1.2 Total Expense on Raw Materials
6.2 Utility Cost Analysis
6.2.1 Electricity Costs
6.2.2 Steam Costs
6.2.3 Process Water Costs
6.2.4 Total Expense on Utilities
6.3 Operating Cost Analysis
6.3.1 Salaries and Wages
6.3.2 Plant Overheads
6.3.3 Tax and Insurance
6.3.4 Packaging Costs
6.3.5 Transportation Costs
6.3.6 Sales and Administration Costs
6.3.7 Total Operating Costs
6.4 Capital Cost Analysis
6.4.1 Land and Site Development Costs
6.4.2 Civil Work Costs
6.4.3 Plant Machinery and Commissioning Costs
6.4.3.1 Plant Machinery Costs
6.4.3.2 Auxiliary Equipment Cost
6.4.3.3 Electrical Works and Piping Costs
6.4.3.4 Other Fixed Costs
6.4.4 Working Capital Requirements for Plant Operation
6.4.5 Total Capital Investment Required
6.5 Total Production Cost
7 Annexure
7.1 Raw Material Suppliers
7.2 Plant Machinery Suppliers
List of Figures
Figure 1: Global: Unsaturated Polyester Resin Market: Major Drivers and Challenges
Figure 2: Global: Unsaturated Polyester Resin Market: Value Trends (in Million US$), 2017-2022
Figure 3: Global: Unsaturated Polyester Resin Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 4: Global: Unsaturated Polyester Resin Market: Breakup by Segment (in %), 2022
Figure 5: Global: Unsaturated Polyester Resin Market: Breakup by Region (in %), 2022
Figure 6: Unsaturated Polyester Resin: Price Trends, 2017 & 2022
Figure 7: Unsaturated Polyester Resin: Margins Across Various Stages of the Supply Chain
Figure 8: Unsaturated Polyester Resin: Breakup of Costs
Figure 9: Unsaturated Polyester Resin Price Structure
Figure 10: Unsaturated Polyester Resin: Manufacturing Process Flow
Figure 11: Unsaturated Polyester Resin: Manufacturing Process: Conversion Rate of Raw Materials
Figure 12: Unsaturated Polyester Resin: Raw Material Price Trends, 2017 & 2022
List of Tables
Table 1: Unsaturated Polyester Resin Manufacturing: Raw Material Requirements
Table 2: Unsaturated Polyester Resin Manufacturing: Raw Material Costs
Table 3: Unsaturated Polyester Resin Manufacturing: Electricity Costs
Table 4: Unsaturated Polyester Resin Manufacturing: Steam Costs
Table 5: Unsaturated Polyester Resin Manufacturing: Process Water Costs
Table 6: Unsaturated Polyester Resin Manufacturing: Total Utility Costs
Table 7: Unsaturated Polyester Resin Manufacturing Plant: Costs Related to Salaries and Wages
Table 8: Unsaturated Polyester Resin Manufacturing: Packaging Costs
Table 9: Unsaturated Polyester Resin Manufacturing: Transportation Costs
Table 10: Unsaturated Polyester Resin Manufacturing: Sales and Administration Costs
Table 11: Unsaturated Polyester Resin Manufacturing: Total Operating Costs
Table 12: Unsaturated Polyester Resin Manufacturing: Costs Related to Land and Site Development
Table 13: Unsaturated Polyester Resin Manufacturing: Costs Related to Civil Works
Table 14: Unsaturated Polyester Resin Manufacturing: Costs Related to Plant Machinery
Table 15: Unsaturated Polyester Resin Manufacturing: Costs Related to Auxiliary Equipment
Table 16: Unsaturated Polyester Resin Manufacturing: Costs Related to Electrical works and Piping
Table 17: Unsaturated Polyester Resin Manufacturing: Total Costs Related to Plant Machinery and Commissioning
Table 18: Unsaturated Polyester Resin Manufacturing: Working Capital Requirements
Table 19: Unsaturated Polyester Resin Manufacturing: Total Capital Investment Required
Table 20: Unsaturated Polyester Resin Manufacturing: Total Production Cost
Table 21: Unsaturated Polyester Resin Manufacturing: Raw Material Suppliers
Table 22: Unsaturated Polyester Resin Manufacturing: Machinery Suppliers
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