Global Vinyl Ester Market, By Product (Bisphenol A, Novolac, Brominated Fire Retardant), Application (Pipes & Tanks, Marine, Wind Energy, FGD & Precipitators, Pulp & Paper), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Vinyl Ester Market
Vinyl ester market will grow at a rate of 6.65% for the forecast period of 2021 to 2028. Increase in the extensive use of vinyl ester resins in pipes & tanks acts as a vital factor driving the growth of Vinyl ester market.
Vinyl ester resins are defined as the type of polymer resins which are prepared by the esterification of a liquid epoxy resin with unsaturated monocarboxylic acids and are used where improved strength & chemical resistance are required. These pipes exhibit exceptional adhesion, fatigue resistance, impact strength, low shrinkage, and chemical resistance, which lead to their long-term performance.
Rise in the extensive use of vinyl ester resins in pipes & tanks is the vital factor escalating the market growth, also rise in the growth in the U.S. marine industry, rise in the installation of wind turbines in Europe and rise in the demand from emerging economies are the major factors among others driving the vinyl ester market. Moreover, rise in the environmental awareness and stringent regulations are expected to increase the demand for FGD systems and increase in the use of vinyl ester in railways and mass transit buses will further create new opportunities for the vinyl ester market in the forecast period of 2021- 2028.
However, low shelf life of vinyl ester is the major factor among others acting as a restraint, and will further challenge the growth of Vinyl ester market in the forecast period mentioned above.
This vinyl ester market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on vinyl ester market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Vinyl Ester Market Scope and Market Size
Vinyl ester market is segmented on the basis of product and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
Based on product, the vinyl ester market is segmented into bisphenol A, novolac and brominated fire retardant.
The vinyl ester market is also segmented on the basis of application into pipes & tanks, marine, wind energy, fgd & precipitators and pulp & paper.
Vinyl Ester Market Country Level Analysis
Vinyl ester market is analysed and market size, volume information is provided by country, product and application as referenced above.
The countries covered in the vinyl ester market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the vinyl ester market due to rise in the growth in the U.S. marine industry and rise in the installation of wind turbines in this region. Asia-Pacific is the expected region in terms of growth in vinyl ester market due to increase in the extensive use of vinyl ester resins in pipes & tanks in this region.
The country section of the vinyl ester market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Vinyl Ester Market Share Analysis
Vinyl ester market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to vinyl ester market.
The major players covered in the vinyl ester market report are Ashland, Swancor Holding Co, Aliancys, Reichhold LLC, Hexion, DIC CORPORATION, Interplastic Corporation, Akzo Nobel N.V, Nivitex Fibreglass and Resins, Sir Industriale and Scott Bader Co. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.