Lucintel Forecasts the US UPR Market to Reach $2 Billion by 2031
Lucintel Forecasts the US UPR Market to Reach $2 Billion by 2031
Blog Article
According to a market report by Lucintel, the future of the US UPR market looks promising with opportunities in the construction, pipe and tank, marine, transportation, electrical and electronics, and consumer goods end uses. The US UPR market is expected to reach an estimated $2 billion by 2031 with a CAGR of 3% from 2024 to 2031. The major drivers for this market are the growing demand for UPR in the construction industry, growth in automotive sector, and increasing demand for UPR in industrial applications.
A more than 150-page report to understand trends, opportunity and forecast in US UPR market to 2031 by end use industry (pipe and tank, transportation, construction, marine, electrical and electronics, consumer goods, and others), product type (orthophthalic, isophthalic, and DCPD and others), manufacturing process (hand-lay up & spray-up, filament winding, compression molding, RTM/injection molding, pultrusion, and other manufacturing processes)..
Lucintel forecasts that construction will remain the largest end use industry over the forecast period due to growing infrastructure projects, renovations, and the rising demand for lightweight, durable composite materials.
Pultrusion will remain the largest manufacturing process over the forecast period due to superior strength-to-weight ratios for structural applications, and increased use of lightweight composites to improve fuel efficiency and reduce emissions.
Polynt Group, AOC (Nippon Paint Holdings Co., Ltd), INEOS Composites (KPS Capital Partners), Scott Bader, Interplastic Corporation, BASF SE, Allnex (PTT Global Chemical Group) are the major suppliers in the US UPR market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056