Vinyl Ester Market 2018-2026 | Size, Share and Forecast | Credence Research

The global vinyl ester market accounted for US$ 789.5 Mn in 2017, expanding at a CAGR of 5.6% from 2018 to 2026

SANJOSE, United States – March 27, 2019 /MarketersMedia/ —

According to the latest report published by Credence Research, Inc. “Global Vinyl Ester Market-Growth, Future Prospects and Competitive Analysis, 2018-2026,” the global vinyl ester market accounted for US$ 789.5 million in 2017, expanding at a CAGR of 5.6 percent from 2018 to 2026.

By Product Type: Bisphenol A, Elastomers, Novolac, Brominated Fire Retardant
By End-Use Industry: Pipes & Tanks, Marine, Building & Construction, Land Transportation, FGD & Precipitators, Aerospace & Defense, Wind Energy

Market Insights
In 2017, the global vinyl ester accounted for US$ 789.5 million, growing with a CAGR of 5.6 percent over the forecast period from 2018 to 2026. Vinyl ester can be defined as a thermoset matrix resin formed by a polyester and epoxy hybrid. It is produced by an unsaturated monocarboxylic acid and epoxy resin esterification. It is mainly used in construction and infrastructure, marine applications (composite products, pipelines and storage tanks), transportation, military and energy. They are mainly designed for an environment that requires physical performance and corrosion resistance.

Browse the full report Global Vinyl Ester Market – Growth, Future Prospects and Competitive Analysis, 2018-2026 report at https://www.credenceresearch.com/report/vinyl-ester-market

The main drivers of growth for this market are growing infrastructural investments, increasing demand for corrosion resistance materials followed by rehabilitation of old and new infrastructural projects. Growing environmental awareness has also led to increased use of vinyl ester in various FGD applications. Furthermore, increasing use of vinyl ester in railways and mass transit are other factors that boost this market’s demand during the forecast period. Trend shows that increasing use of vinyl ester in pipes & tanks in various end-use industries including water & wastewater and chemicals is also expected to propel vinyl ester growth globally.

Increasing application in the marine industry is another factor that supports market growth and therefore manufacturers are focusing on developing new vinyl ester products for marine applications. For example, AOC’s modified vinyl ester resin product portfolio includes dealings with HYDROPEL ® H032 and HYDROPEL ® H036. These resins are mainly designed for the marine industry and are intended to offer better protection in order to withstand harsh marine environments. In addition, there has been increasing demand for vinyl ester applications in the marine industry with increasing production of race boats, boats, super yachts, and naval and commercial craft. However, rising prices of raw materials followed by low shelf-life are expected to hamper the growth of the global vinyl ester market during the forecast period. In addition, with the increase in wind turbine installations globally, vinyl ester applications are expected to increase over the forecast period. This factor acts as an opportunity during the forecast period in the growth of this market.

The global market for vinyl ester has been segmented by product type, end-use industry and geography. Bisphenol A segment dominated the global vinyl ester market by product type in 2017. Growth is mainly attributed to chemical resistance properties of Bisphenol A at a lower cost. In addition, good mechanical properties of it are also expected to drive this segment’s demand during the forecast period. In terms of end-use industry, the segment of pipes and tanks held the largest share of revenue and volume in 2017 due to increased demand for Fiberglass Reinforced Plastics (FRP), which is mainly used for the construction of various chemical plant equipment that includes pipes, vessels and tanks in the oil and gas industry. In terms of geography, Asia Pacific is the most prominent market and holds the largest market share in the global vinyl ester market, both in terms of value and volume. High demand for vinyl ester products in India and China from various end-user industries including transportation, chemical, pharmaceutical, water & wastewater treatment and food processing is expected to trigger market growth in the Asia Pacific region during the forecast period.

Key market players in the global vinyl ester market include Ashland Inc., Reichhold, Swancor Holding, Showa Denko, Aliancys, Interplastic Corporation, Sino Polymer Co., AOC, Polynt and Scott Bader Company among others.

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ToC:
Chapter 1 Preface 12
………..
Chapter 2 Executive Summary 18
…………
Chapter 3 Market Dynamics 22
3.1 Introduction 22
3.2 Market Dynamics 23
3.2.1 Market Drivers 23
3.2.1.1 Rise in demand for flue gas desulfurization (FGD) 23
3.2.1.2 Driver 2 24
3.2.2 Market Restraints 25
3.2.2.1 Low Shelf Life 25
3.2.2.2 Restraint 2 26
3.2.3 Market Opportunities 27
3.2.3.1 Growth Number of Wind Turbine Installations 27
3.2.3.2 Opportunity 2 28
3.3 Attractive Investment Proposition, by Geography, 2017 29
3.4 Market Positioning of Key Players, 2017 30

Chapter 4 Global Vinyl Ester Market, by Product Type 31
4.1 Overview 31
4.2 Bisphenol A 33
4.3 Elastomers 35
4.4 Novolac 36
4.5 Brominated Fire Retardant 37

Chapter 5 Global Vinyl Ester Market, by End-use Industry 38
5.1 Overview 38
5.2 Pipes & Tanks 40
5.3 Marine 42
5.4 Building & Construction 43
5.5 Land Transportation 44
5.6 FGD & Precipitators 45
5.7 Aerospace & Defense 46
5.8 Wind Energy 47

Chapter 6 Global Vinyl Ester Market, by Geography 48
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Chapter 7 Company Profiles 67
7.1 Ashland Global Holdings Inc. 67
7.2 Reichhold 69
7.3 Swancor Holding 70
7.4 Showa Denko 71
7.5 Aliancys 72
7.6 Interplastic Corporation 73
7.7 Sino Polymer Co. 74
7.8 AOC 75
7.9 Polynt 76
7.10 Scott Bader Company 77
7.11 DIC Material 78
………………………toc continued

Browse the full report Global Vinyl Ester Market – Growth, Future Prospects and Competitive Analysis, 2018-2026 report at https://www.credenceresearch.com/report/vinyl-ester-market

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