The electromagnetic (EM) absorption or shielding characteristics of a material is an important issue not only for military purpose but also for commercial purposes such as radar, electric or telecommunication devices. In order to design the effective electromagnetic wave absorber, the electromagnetic characteristics of the constituents of the material should be available in target frequency band. Also, it must be possible to predict the electromagnetic properties of absorbers with respect to the content of lossy ingredients. In this study, the dielectric properties of unsaturated polyester resins containing nano-size conductive carbon black powder were measured with a free space method in the X-band frequency range and analyzed with respect to the content of carbon black. Finally, the method for estimating the dielectric properties of polymeric resin containing conductive carbon black with respect to the EM frequency was developed and verified.