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Growth Opportunities for Unsaturated Polyester Resin in the Global Automotive Composites Market
The future of global unsaturated polyester resin in automotive composites market looks promising with opportunities in various applications.
22nd September 2017
Innovation in Textiles
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Report summary
The future of global unsaturated polyester resin in automotive composites market looks promising with opportunities in various applications, including closure panels, body panels, fenders, GOR(grille opening reinforcement), heat shields, headlamp reflectors, pickup box and others. UPR in the global automotive composites market is forecast to grow at a CAGR of 5.3% from 2016 to 2021. The major drivers for market growth are the increasing demand for lightweight materials, and performance benefits of reinforced composites over rival materials. UPR Composites with properties such as easy to process, high tensile strength, lightweight, good corrosion resistance and surface tension are ideal for manufacturing lightweight and fuel-efficient vehicles.
Emerging trends, which has a direct impact on the dynamics of the industry is avoiding the usage of styrene as the major raw material for manufacturing UPR because it is hazardous for health.
A total of 122 figures / charts and 38 tables are provided in this 168-page report to help in your business decisions.
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Growth Opportunities for Unsaturated Polyester Resin in the Global Automotive Composites Market
168 pages, print format
Publication date: February 2017
Publisher: Lucintel
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