India Unsaturated Polyester Resins Market Size, Share, Trends, and Forecast by Type, End-Use, Form, and Region, 2025-2033

India Unsaturated Polyester Resins Market Size, Share, Trends, and Forecast by Type, End-Use, Form, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A30427

India Unsaturated Polyester Resins Market Overview:

The India unsaturated polyester resins market size reached USD 951.90 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,980.20 Million by 2033, exhibiting a growth rate (CAGR) of 7.60% during 2025-2033. The market is expanding due to the rising demand in construction, automotive, and marine industries. Growth is further driven by increased infrastructure projects, lightweight composite materials, and advancements in resin formulations enhancing durability, corrosion resistance, and cost-effectiveness.

Report Attribute
Key Statistics
Base Year
2024
Forecast Years
2025-2033
Historical Years
2019-2024
Market Size in 2024 USD 951.90 Million
Market Forecast in 2033 USD 1,980.20 Million
Market Growth Rate 2025-2033 7.60%


India Unsaturated Polyester Resins Market Trends:

Growing Demand for Unsaturated Polyester Resins in Infrastructure and Construction 

The increasing use of unsaturated polyester resins (UPR) in India's construction sector is a key market trend, driven by rapid urbanization and infrastructure expansion. For instance, as per industry reports, India is witnessing accelerated urbanization, with projections indicating that the nation's cities and towns will be home to 490% of its total population, i.e., 600 Million individuals, by the year 2036. UPR-based composites are widely utilized in building materials such as fiber-reinforced plastic (FRP) panels, roofing sheets, and pipes due to their high strength, corrosion resistance, and lightweight properties. Government-led infrastructure projects, including Smart Cities Mission and large-scale transportation networks, are fueling demand for durable and cost-effective composite materials. Additionally, UPR’s superior weather resistance makes it ideal for outdoor applications, further supporting its adoption. The shift toward sustainable and energy-efficient construction materials has also boosted interest in UPR, as manufacturers develop formulations with reduced styrene emissions. The widespread adoption of prefabricated construction elements using UPR-based composites is enhancing construction efficiency while reducing maintenance costs. These factors position UPR as a preferred material in India’s evolving infrastructure landscape. 

India Unsaturated Polyester Resins Market Size

Expanding Applications in the Automotive and Transportation Industry

The automotive and transportation industry is increasingly incorporating unsaturated polyester resins to develop lightweight, high-performance components. The push for fuel efficiency and lower emissions is prompting automakers to replace conventional metal parts with composite materials that offer strength while reducing vehicle weight. UPR-based composites are widely used in automotive body panels, bumpers, and interior components due to their impact resistance and design flexibility. The expansion of India’s electric vehicle (EV) market is further driving the product demand, as lightweight composites enhance battery efficiency and overall vehicle performance. For instance, as per industry reports, India is set to emerge as the largest EV market by the year 2030. In line with this, the market is anticipated to grow to USD 27.70 Billion by 2028. Additionally, railway and public transport projects are adopting UPR for interior fittings and exterior panels to improve durability and reduce operational costs. Innovations in resin formulations, including fire-resistant and low-VOC (volatile organic compound) variants, are further strengthening the adoption of UPR in transportation applications. The growing focus on sustainable and high-performance materials is expected to accelerate UPR usage in this sector.

India Unsaturated Polyester Resins Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on type, end-use, and form.

Type Insights:

  • Orthophthalic Resin
  • Isophthalic Resin
  • Dicyclopentadiene (DCPD) Resin
  • Others

The report has provided a detailed breakup and analysis of the market based on the type. This includes orthophthalic resin, isophthalic resin, dicyclopentadiene (DCPD) resin, and others.

End-Use Insights:

India Unsaturated Polyester Resins Market

  • Building and Construction
  • Automotive
  • Marine
  • Pipes, Ducts and Tanks
  • Wind Energy
  • Electrical and Electronics
  • Others

A detailed breakup and analysis of the market based on the end-use have also been provided in the report. This includes building and construction, automotive, marine, pipes, ducts and tanks, wind energy, electrical and electronics, and others.

Form Insights:

  • Liquid Form
  • Powder Form

A detailed breakup and analysis of the market based on the form have also been provided in the report. This includes liquid form and powder form.

Regional Insights:

  • North India
  • South India
  • East India
  • West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Unsaturated Polyester Resins Market News:

  • In December 2024, INEOS Enterprises announced its agreement to sell INEOS Composites, a leading producer of unsaturated polyester resins with robust presence in India, to KPS Capital Partners for approximatelyUSD 1.791 Billion. The deal, subject to regulatory approvals, may impact market consolidation, investment, and supply dynamics in the global unsaturated polyester resins industry, influencing key end-use sectors.

India Unsaturated Polyester Resins Market Report Coverage:

Report Features Details
Base Year of the Analysis 2024
Historical Period 2019-2024
Forecast Period 2025-2033
Units Million USD
Scope of the Report

Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:

  • Type 
  • End-Use
  • Form
  • Region
Types Covered Orthophthalic Resin, Isophthalic Resin, Dicyclopentadiene (DCPD) Resin, Others
End-Uses Covered Building and Construction, Automotive, Marine, Pipes, Ducts and Tanks, Wind Energy, Electrical and Electronics, Others
Forms Covered Liquid Form, Powder Form
Regions Covered North India, South India, East India, West India
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the India unsaturated polyester resins market performed so far and how will it perform in the coming years?
  • What is the breakup of the India unsaturated polyester resins market on the basis of type?
  • What is the breakup of the India unsaturated polyester resins market on the basis of end-use?
  • What is the breakup of the India unsaturated polyester resins market on the basis of form?
  • What is the breakup of the India unsaturated polyester resins market on the basis of region?
  • What are the various stages in the value chain of the India unsaturated polyester resins market? 
  • What are the key driving factors and challenges in the India unsaturated polyester resins market?
  • What is the structure of the India unsaturated polyester resins market and who are the key players?
  • What is the degree of competition in the India unsaturated polyester resins market? 

Key Benefits for Stakeholders:

  • IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India unsaturated polyester resins market from 2019-2033.
  • The research report provides the latest information on the market drivers, challenges, and opportunities in the India unsaturated polyester resins market.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India unsaturated polyester resins industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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India Unsaturated Polyester Resins Market Size, Share, Trends, and Forecast by Type, End-Use, Form, and Region, 2025-2033
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