A series of unsaturated polyesters were synthesized with various chemical structures and molecular weights. These unsaturated polyesters were used to study the curing reaction with styrene by using gel permeation chromatography and differential scanning calorimetry. The variation of the size of microgel particles during the curing reaction in unsaturated polyester-styrene resins was studied by using gel permeation chromatography. The size and structure of the microgels depend strongly on the polymer chain length and the number of vinyl groups on each unsaturated polyester chain. Using the differential scanning calorimetric method, the conversion of styrene and polyester vinyl groups during the reaction was measured. The experimental results of this study revealed that microgel formation has a great effect on the curing reaction of unsaturated polyester resins.