Vinyl Ester Market Size, Global Industry Size, Growth, Manufacturers, Segments, and Forecast: 2022-2029


Posted July 3, 2023 by Komal20

Vinyl Ester Market was valued at US$ 1001.98 Mn in 2021 and is expected to reach US$ 1499.67 Mn by 2029, at a CAGR of 5.17 % during a forecast period.
 
Vinyl Ester Market Overview:

The Vinyl Ester Market analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the Vinyl Ester Market, as well as the causes for variances in the industry’s growth in different regions.

The Vinyl Ester Market was valued at US$ 1001.98 Mn in 2021 and is expected to reach US$ 1499.67 Mn by 2029, at a CAGR of 5.17 % during a forecast period.

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Market Scope:

Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research was conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.

Segmentation:

Vinyl Ester Market, by Type

• Bisphenol A
• Novolac
• Brominated Fire Retardant
• Elastomer Modified
• Others

Based on type segment, Bisphenol A vinyl ester resins are used in a host of chemical applications and FGD processes because of their corrosion resistance property. The marine industry mostly uses vinyl ester resins as barrier coats, gel coats, and in the main composite body of ships.

Vinyl Ester Market, by End-Use

• Pipes & Tanks
• Marine
• Wind Energy
• FGD & Precipitators
• Building & Construction
• Land Transportation
• Aerospace & Defense

The pipes & tanks segment is anticipated to hold the biggest market share over the projection period based on end use. In high-temperature formulations, such as chemical storage containers and chemical reactors, vinyl ester is employed. Additionally, it is utilised as topcoats for metal containers and electro-refining tanks.

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Key Players:

Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.

• The biggest players in the Vinyl Ester Market are as follows:

• Ashland
• Interplastic Corporation
• Reichhold
• Sino Polymer Co.,
• Swancor Holding
• AOC
• Showa Denko
• Polynt
• Aliancys
• Scott Bader Company
• Allnex
• Hexion
• Poliya Composite Resins and Polymers
• DIC Material
• Nivitex Fibreglass and Resins
• Changzhou Tianma Group
• Mechemco
• Ece Boya Kimya
• Andara
• Orca Composites
• Polymer Products (Phil.)
• Refnol Oil Refineries
• Satyen Polymers
• ITW Spraycore
• WEE Tee Tong Chemicals
• Pliogrip Resins & Chemicals
• Crest Composites and Plastics
• Revex Plasticizers
• Resoltech
• Protective Industrial Polymers
• Helios Group
• Advance Coatings
• Arjay Technologies
• Boytek.

Regional Analysis:

Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Vinyl Ester Market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.

COVID-19 Impact Analysis on Vinyl Ester Market:

End-user industries where the Vinyl Ester Market is utilized saw a dip in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for Vinyl Ester Market manufacturers, influencing the development of the Vinyl Ester Market in 2020. End-user business demand for the Vinyl Ester Market has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.

Key Questions Answered in the Vinyl Ester Market Report are:

In 2021, which segment held the highest proportion of the Vinyl Ester Market?

What is the Vinyl Ester Market’s competitive landscape?

What are the primary drivers assisting the Vinyl Ester Market growth?

Which region has the most market share in the Vinyl Ester Market?

What will be the Vinyl Ester Market’s CAGR throughout the projected period?

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Issued By Komal
Country India
Categories Advertising , Aerospace , Automotive
Last Updated July 3, 2023