unsaturated polyester resin Pricing Assessment

Markets Covered:

China

India

Taiwan

United States

Indonesia

Vietnam

Unsaturated Polyester Resin Price Trend, Analysis and Forecast

In Q1 2024, the Unsaturated Polyester Resin (UPR) market in China and Taiwan experienced a price decline due to oversupply amidst weak demand, particularly from the downstream construction sector and broader Asian markets. Additionally, reduced production costs provided limited support for UPR prices, as the cost of key feedstocks like Propylene Glycol and Maleic anhydride dropped. This combination of excess supply and lower feedstock prices exerted downward pressure on the UPR market throughout the quarter.

By Q2 2024, prices continued to drop in China as lower raw material costs reduced production expenses, and excess supply coupled with diminished demand from key industries like construction contributed to the trend. However, in the Taiwan market prices were stable during this period due to a balanced gap between the demand and supply.

In Q3 2024, UPR prices began to rise due to tight market conditions, freight issues, and strong demand. The increased prices were reflective of these factors, with UPR Prices around 1,990 USD/MT FOB Shanghai and 1,803 USD/MT FOB Kaohsiung. This upward trend in pricing was driven by persistent supply chain disruptions and robust consumption across key markets.

Looking ahead to Q4 2024, UPR prices in the APAC region are expected to rise moderately. This may be influenced by raw material costs, fluctuating demand from the downstream construction and automotive sectors, and supply chain conditions. The automotive sector is likely to grow due to higher vehicle production and demand for electric vehicles, while the construction sector remains strong with ongoing projects, though rising material costs and supply chain disruptions may impact budgets. Both sectors will continue to focus on innovation and sustainability.

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is your trusted resource for tracking global unsaturated polyester resin price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the unsaturated polyester resin market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence unsaturated polyester resin prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely unsaturated polyester resin market data.

Track 's unsaturated polyester resin price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in unsaturated polyester resin prices

COVID-19 Pandemic (2020-2022): The pandemic led to significant disruptions in global supply chains, with manufacturing plants shutting down, labour shortages arising, and transportation logistics suffering considerable setbacks. As a result, the Unsaturated Polyester Resin industry faced production stoppages due to factory closures and a decline in demand from major sectors such as automotive and construction.

Global Logistics and Shipping Crisis (2021-Present: The rise in e-commerce driven by the pandemic, coupled with disruptions in global shipping routes, port closures, and container shortages, resulted in a logistics crisis. Transporting raw materials and finished Unsaturated Polyester Resin products became difficult, leading to delays and higher costs for manufacturers and end-users, which further strained production.

Russia-Ukraine Conflict (2022-Present): The conflict disrupted energy supplies, especially natural gas and oil, which are crucial for the petrochemical industry. Europe, a major consumer of Russian energy, faced significant supply issues. The conflict impacted the availability and cost of energy and raw materials like Propylene glycol, Maleic anhydride which is derived from petrochemical processes.

Methodology and Specifications

unsaturated polyester resin Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.

On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Unsaturated Polyester Resin production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We track the entire Unsaturated Polyester Resin supply chain, from raw material availability (Propylene glycol, Maleic anhydride) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact Unsaturated Polyester Resin prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.

Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Unsaturated Polyester Resin production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks.

Economic Shifts: evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive, Construction), to predict shifts in Unsaturated Polyester Resin demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global Unsaturated Polyester Resin production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.

Future Capacity Projections: Our research includes detailed forecasts of upcoming Unsaturated Polyester Resin production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: provides in-depth analysis of demand trends across key sectors, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.

Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Unsaturated Polyester Resin pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: utilizes advanced econometric models to forecast Unsaturated Polyester Resin prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.

Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.

Ongoing Support: offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that delivers the most accurate, timely, and actionable Unsaturated Polyester Resin pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

500 to 5,000 g/mole.

CAS No

113669-95-7

HS Code

39079120

Molecular Formula

[C6H8O4] n

unsaturated polyester resin

Unsaturated Polyester Resin (UPR) is a durable, versatile polymer known for its strength and resistance to water and chemicals. It is commonly used in automotive parts, construction materials, and marine components due to its ease of moulding and cost-effectiveness.

Packaging Type

225 Kg Barrel (Ex-Delhi, FOB Kaohsiung) /25 Kg Carton (FOB Shanghai)

Grades Covered

General Purpose (Orthopthallic Resin), Bulk moulding Compound Injection moulding, Bulk/Sheet moulding Compound (BMC/SMC)

Incoterms Used

FOB Shanghai, FOB Kaohsiung, Ex-Delhi, CIF Houston (China), CIF Jakarta (China), CIF Haiphong (China)

Synonym

UPR, UP Resin, Unsaturated polyester

Quotation Terms:

25-28MT (Ex-Delhi) / 5-10MT (FOB Shanghai) / 15-20MT (FOB Kaohsiung)

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Technical Specification for Unsaturated Polyester Resin (Solid):

Property	Specification (Solid)
Specific gravity	2.0 g/cm
Impact strength	210 J/m
Flexural strength	90 MPa
Flexural Modulus	10 GPa
Tensile Strength	35 MPa
Compressive Strength	120 MPa
Water Absorption	0.12%
Hardness	50~60 Barcol

Technical Specification for Unsaturated polyester resin (Liquid)

Property	Specification (Liquid)
Viscosity 25 ̊C, cps	350-2000
Specific gravity	1.10 ± 0.02
Flexural strength	80 ± 10 N/mm2
Flexural Modulus	3000 ± 2000 N/mm2
Tensile Strength	50 ± 5 N/mm2
Tensile Modulus	2500 ± 50 N/mm2
Heat Deflection Temperature	75 ± 3 N/mm2
Barcol Hardness	45-50 Units

Applications

Unsaturated polyester resin (UPR) is incredibly versatile and finds its way into many everyday items. In the automotive world, it’s used to create strong and lightweight parts like bumpers and dashboards. In construction, it’s a key ingredient in durable materials such as fiberglass panels and industrial flooring. For boats and marine equipment, UPR provides the strength and water resistance needed for hulls and decks. It’s also crucial in making high-performance composites used in aerospace and sports gear. In industries that handle chemicals, it’s used to build tanks and pipes that resist corrosion. UPR even makes its mark in the arts with decorative pieces and sculptures, as well as in furniture, especially for outdoor settings. Plus, it has applications in medical equipment and electrical insulation. Its adaptability makes UPR a valuable material across various fields.

Disclaimer

Unsaturated Polyester Resin price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for unsaturated polyester resin. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What factors influence UPR prices? +

The prices of Unsaturated Polyester Resins (UPR) are influenced by various factors, including raw material costs, supply and demand dynamics, production capacity, and market competition. One of the most significant factors affecting UPR prices is the cost of key feedstocks, such as styrene and polyester resins. Additionally, global demand for UPRs in industries like automotive, construction, and marine also plays a role in shaping prices. If demand for UPR-based products increases due to growth in construction or automotive sectors, this can lead to price hikes. Conversely, economic slowdowns or a decrease in demand for certain applications could put downward pressure on UPR prices. Supply chain issues, such as disruptions in the delivery of raw materials or manufacturing delays, can also significantly impact UPR prices.

How do feedstock prices impact UPR prices? +

Feedstock prices have a direct and substantial effect on UPR prices. The primary feedstocks for UPR production are styrene and unsaturated polyesters, and any fluctuations in the prices of these materials can lead to changes in UPR prices. For example, if the price of styrene increases due to a rise in the cost of crude oil or disruptions in the supply of petrochemicals, the production cost of UPR will also rise, prompting manufacturers to increase UPR prices. Similarly, changes in the availability or cost of other raw materials such as resins, curing agents, and additives can also have an impact on UPR pricing. As raw materials account for a significant portion of production costs, any volatility in feedstock prices often results in corresponding changes in UPR prices.

What is the relationship between UPR prices and inflation? +

Inflation has a notable influence on UPR prices due to its impact on overall production costs and market conditions. As inflation rises, the cost of raw materials, energy, and labor also tends to increase, directly affecting UPR manufacturers. With higher operating costs, manufacturers may pass on these increases to consumers, leading to higher UPR prices. Additionally, inflation can lead to an increase in the costs of transportation and logistics, which further contributes to price hikes. However, inflation can also influence demand for UPR-based products. In times of high inflation, consumers and industries might reduce spending, leading to a potential decrease in demand for certain products that rely on UPRs. In such cases, even though production costs may rise, the overall demand reduction might keep prices stable or cause them to decrease. Therefore, the relationship between UPR prices and inflation is shaped by a combination of cost-push and demand-side factors.