Composites and Advanced Materials

According to a new market report published by Lucintel, the future of the vinyl ester resin market looks promising with opportunities in pipe and tank, construction, transportation, and paint & coatings industries. The global vinyl ester resin market is expected to reach an estimated $1.5 billion by 2027 with a CAGR of 4.7% from 2021 to 2027. The major drivers for this market are increasing demand for corrosion resistance materials, growing infrastructural investments, and rehabilitation of old infrastructural projects.

In this market, bisphenol-A vinyl ester, novolac vinyl ester, and brominated vinyl ester resin are the major resin chemistries used for in different end use industries. Lucintel forecasts that bisphenol-A vinyl ester resin is expected to remain the largest segment due to its good mechanical and chemical resistance properties at a relatively lower cost. Brominated vinyl ester resin is expected to witness the highest growth in the forecast period due to its growing use in applications which require excellent resistance to heat, fire, and chemicals.

Within the vinyl ester resin market, fiber reinforced plastic (FRP)  will remain the largest end use segment over the forecast period due to wider use in pipe and tank manufacturing.

Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period because of the tremendous economic growth in China and India, and increasing demand for corrosion resistance pipe and tanks and growing investment in the building and construction and well as industrial sector. ..

Emerging trends, which have a direct impact on the dynamics of the industry, include the development of styrene-free vinyl ester resin and emergence of bio-based vinyl ester resin. Polynt-Reichhold, AOC Aliancys, INEOS, Swancor, and Showa Denko are among the major suppliers of the vinyl ester resin market.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global vinyl ester resin market by end use, chemistry type, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Vinyl Ester Resin Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global vinyl ester resin market by end use, chemistry type, and region as follows:




























This 171-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/vinyl-ester-resin-market.aspx or write us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 11 key questions:

 

Q.1 What are some of the most promising potential, high growth opportunities for the global vinyl ester resin market by end use (FRP, paint and coatings and others), chemistry (bisphenol-A vinyl ester, novolac vinyl ester, brominated vinyl ester, and other chemistry) and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 Which regions will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?

Q.5 What are the business risks and threats to the market?

Q.6 What are the emerging trends in this market and the reasons behind them?

Q.7 What are the changing demands of customers in the market?

Q.8 What are the new developments in the market? Which companies are leading these developments?

Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?

Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?

Q.11 What M & A activities have taken place in the last 5 years in this market?