# Unsaturated polyester resins: Production

Many small Chinese plants make half the world's resin

Source page: https://www.materialinsights.org/chemicals/upr/production/

Many small Chinese plants make half the world's resin What this tab covers Who makes it and how much: world capacity and output, utilisation, the top producing countries and companies globally and in India, concentration, new capacity coming, and each region's position.

| Measure | Figure | Detail | Source |
|---|---|---|---|
| **World capacity** | not published in sources reached; China output 3.45 Mt in 2024 (estimate) |  | Chyxx 2025 |
| **World output** | world about 6.5-7 Mt (indicative); China 3.232 Mt (2023, up 7.27%) and 3.451 Mt (2024e) |  | Chyxx 2025; world indicative |
| **Capacity utilisation** | not published | Chinese UPR plants are many and small; output rose in 2023-2024 on downstream demand and higher run rates (Chyxx). | Chyxx 2025 |
| **Concentration** | China about half of world output; Asia-Pacific 43.45% of 2025 revenue | The industry is fragmented: many Chinese producers and a few Western groups (INEOS Composites, Polynt, AOC, Scott Bader). Top-5 company share not published. | Mordor via GII 2026; Chyxx 2025; China share indicative |
| **New capacity** | not published | No large named UPR projects found. Growth comes from incremental batch reactors, mostly in China and India (indicative). | indicative |

#### Top producing countries
 China 50% · 3.45 Mt output, 3.31 Mt demand (2024e) United States 10% · not published in sources reached Europe 10% · not published in sources reached India 5% · not published in sources reached Japan, South Korea and Taiwan 5% · not published in sources reached Middle East and Turkey 5% · not published in sources reached Chyxx 2025; share indicative; indicative

#### Largest producers: global

| Company | Country | Volume | Year | Source |
|---|---|---|---|---|
| **INEOS Composites** former Ashland composites business (indicative); not published | UK / US | not published | 2025 | [Mordor via GII 2026 (listed participant)](https://www.ineos.com) |
| **Polynt** includes Reichhold; not published | Italy | not published | 2025 | [Mordor via GII 2026; IMARC](https://www.polynt.com) |
| **AOC** not published | US | not published | 2025 | [Mordor via GII 2026; IMARC](https://www.aoc-resins.com) |
| **Scott Bader** employee-owned (indicative); Crystic brand | UK | not published | 2025 | [Mordor via GII 2026; IMARC](https://www.scottbader.com) |
| **DIC / U-Pica** not published | Japan | not published | 2025 | Mordor via GII 2026 |
| **Shangwei New Materials** UPR and composites | China | not published | 2024 | [Chyxx 2025](https://www.chyxx.com/industry/1212202.html) |
| **Zhejiang Tianhe Resin / Shanghai Xintianhe Resin** among China's larger producers; not published | China | not published | 2025 | Mordor via GII 2026; Chyxx 2025 |

#### Largest producers: India

| Company | Country | Volume | Year | Source |
|---|---|---|---|---|
| **Crystic Resins India** capacity not published | India | not published | 2025 | Mordor via GII 2026 (listed participant) |
| **Thirumalai Chemicals** key domestic supplier of UPR anhydrides (indicative) | India | not published | 2025 | [indicative](https://www.thirumalaichemicals.com) |
| **IG Petrochemicals** feedstock supplier (indicative) | India | not published | 2025 | indicative |

India has many small and mid-sized UPR makers serving FRP pipes, tanks, panels and quartz stone, but no capacity or output figures were found. Phthalic and maleic anhydride are made locally, while styrene and propylene glycol are imported (styrene and PO tiles).

#### Position by region

| Region | Position |
|---|---|
| **US** | Mature market; large boat, bath and SMC industry. |
| **EU** | Styrene exposure limits and cobalt classification push low-styrene and cobalt-free systems (indicative). |
| **India** | Water pipes and tanks under Jal Jeevan Mission-type programmes, construction and quartz stone (indicative); styrene and PG imported. |
| **China** | About half of world UPR; sensitive to property and quartz stone exports (Chyxx). |
| **Japan** | Small mature market. |
| **Middle East** | Pipe and tank fabricators for desalination and oil and gas (indicative). |

## Other sections

- [Summary](https://www.materialinsights.org/chemicals/upr/index.md)
- [Overview](https://www.materialinsights.org/chemicals/upr/overview/index.md)
- [Correlation](https://www.materialinsights.org/chemicals/upr/correlation/index.md)
- [Production route](https://www.materialinsights.org/chemicals/upr/routes/index.md)
- [Feedstocks](https://www.materialinsights.org/chemicals/upr/feedstocks/index.md)
- [Cycles](https://www.materialinsights.org/chemicals/upr/cycles/index.md)
- [Trading](https://www.materialinsights.org/chemicals/upr/trading/index.md)
- [Movement](https://www.materialinsights.org/chemicals/upr/movement/index.md)
- [Regulation](https://www.materialinsights.org/chemicals/upr/regulation/index.md)
- [Characteristics](https://www.materialinsights.org/chemicals/upr/characteristics/index.md)
- [Emissions](https://www.materialinsights.org/chemicals/upr/emissions/index.md)
- [Relationships](https://www.materialinsights.org/chemicals/upr/links/index.md)
