The global vinyl ester market size was USD 1,023.0 Million in 2021 and is expected to register a revenue CAGR of 5.1% during the forecast period, according to latest analysis by Emergen Research. Increasing awareness regarding benefits of utilizing vinyl esters over polyester resins in end-use industries is a major factor driving market revenue growth. Vinyl ester and polyester resins differ significantly depending on chemical compositions and these differences reflect themselves in their physical properties, therefore, industry professionals significantly invest in gathering ideas of what performance is required from the build. Selection between these resins plays a key role in determining strength, durability, and product life and also affects overall cost associated with manufacturing of end products.
The Global Vinyl Ester Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.
Vinyl Ester Market Significant investments in production of high-performance industrial coating that reduces equipment downtime and elongates their lifespan is a key factor driving vinyl ester market revenue growth
In addition, vinyl esters are less sensitive to ambient conditions, such as temperature and humidity, than polyesters. Vinyl esters are also used in applications such as in the automotive industry it is used in manufacturing of parts and surfaces of vehicles. This can be primarily attributed to their water-resistant properties. On the other hand, in the construction industry, it is used in fascias for buildings, reinforcement of bridges, and others.
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Global Vinyl Ester Market Research Report and Forecast to 2030 is an investigative report providing an extensive study of the global Vinyl Ester Market with regards to market size, market share, current and emerging trends, and latest technological developments. The report also sheds light on the competitive landscape of the Vinyl Ester Market on the global and regional scale, along with a thorough forecast estimation to 2030 .
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In-depth Industry Analysis, Introduction, Overview, and COVID-19 Pandemic Outbreak.
Provide chapter-wise guidance on request 2022 Updated Regional Analysis with Graphical Representation of Trends, Size, & Share, Includes Updated List of figures and tables.
Updated Report Includes Major Market Players with their Sales Volume, Business Strategy and Revenue Analysis by using Emergen Research methodology.
Key Players Operating in the Global Vinyl Ester Market are:
DIC Corporation, Interplastic Corporation, Reichhold LLC, Swancor, Showa Denko K.K., Polynt S.p.A., AOC, Scott Bader Company Ltd., Allnex GMBH, Hexion, Nivitex Fiberglass and Resins, and Mechemco.
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The Research covers the following objectives:
To study and analyze the Global Vinyl Ester Market by key regions/countries, product type and application, history data from forecast to 2030.
To understand the structure of Vinyl Ester Market by identifying its various sub-segments.
Focuses on the key global Vinyl Ester Market manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, Porter’s five forces analysis, SWOT analysis and development plans in the next few years.
To analyze the Vinyl Ester Market with respect to individual growth trends, future prospects, and their contribution to the total market.
Some Key Highlights of the Report :
The bisphenol A segment accounted for a significant revenue share in 2021. Widespread applications in industrial coatings, electrical insulating materials, and others is a major factor driving revenue growth of this segment. In addition, this type of resin is used in applications including public health and food safety. Increasing preference is primarily attributed to their excellent material properties such as durable and long-lasting.
The pipes & tanks segment accounted for a significant revenue share in 2021. Increasing demand for consumer products has led manufacturers to significantly invest in expanding their industrial capabilities, which is a major factor driving revenue growth of this segment. Also, they are procuring raw materials, equipment, and others, which necessitates construction of new manufacturing units and expansion of existing plants, thereby driving segment’s revenue growth. Vinyl ester is increasingly used in manufacturing of pipes and tanks in industrial facilities due to its excellent material properties. In addition, vinyl ester provides excellent resistance to alkalis, acids, and a broad range of chemicals.
The Asia Pacific market accounted for largest revenue share in 2021. Significant investments in reinforcement of buildings as well as construction of railways, bridges, and others is a major factor driving market revenue growth in this region. Vinyl ester is a widely preferred material used in the construction industry. Increasing demand can be primarily attributed to its waterproof and high-impact resistance properties. In addition, this type of resin is preferred due to its superior cross bonding capabilities compared to polyesters.
Emergen Research has segmented the global vinyl ester market based on type, end-use, and region:
Type Outlook (Revenue, USD Million; 2019-2030)
Bisphenol A
Novolac
Brominated Fire Resistant
Elastomer Modified
Others
End-Use Outlook (Revenue, USD Million; 2019-2030)
Pipes & Tanks
Marine
Wind Energy
FGD & Precipitators
Building & Construction
Aerospace & Defense
Others
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