Global Vinyl Ester Market Projected To Grow With A CAGR Of 5.6% By Value From 2018 To 2026

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 Mn in 2017, expanding at a CAGR of 5.6% from 2018 to 2026.

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

Vinyl Ester Market

Market Insights

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

Key Trends:

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.

Industry Outlook

Vinyl Ester Market is expected to reach US$ 1312.8 Mn by 2026 with 5.6 % CAGR during the forecast period from 2018 to 2026. In 2017, Asia Pacific led the vinyl ester market. It is also estimated to be the fastest growing region between 2018 and 2026.

Vinyl esters are high performance unsaturated resins that are basically produced through esterification process of an epoxy resin combined with monocarboxylic acid. It is strengthen by the addition of epoxy resins and are designed specifically as they are hybrid form of polyester resins. However, vinyl esters resins have superior physical properties and remarkable corrosion resistance compared to conventional polyester resins. In addition, it also possesses high thermal stability and also has the capacity to absorb large impacts without damage. Vinyl ester is used in various applications that includes construction, pipes and tanks, transportation and paint and coatings industries among others. Hence it is considered as a preferred material over various other materials. In addition, vinyl ester oligomers forms an important matrix resin for thermosetting polymer composites when diluted with styrene. Vinyl ester resins are also compatible with carbon fiber, aramid fibers and glass fiber. In addition, these are also used for yachts, chemical resistant plastic tanks and production of wind turbine.

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Market Value and Volume Synopsis (US$ Mn) (Tons)

Vinyl Ester Market

Vinyl Ester Market

Bisphenol A Propelling the Growth of Vinyl Ester Market

Currently, Bisphenol A is one of the leading product type both by volume and value, and expected to maintain its dominance with highest CAGR during the forecast period. It mainly finds application in spray-up, hand lay-up, filament winding, pultrusion processes and SMC where resistance to heat and chemical followed by mechanical properties are required. Hence, various chemical resistance properties of Bisphenol A at a low cost followed by mechanical properties are expected to augment the segment demand during the forecast period. In addition, owing to corrosion resistance property of Bisphenol A, it also finds application in FGD processes which is expected to spike the market demand for this segment. Bisphenol A vinyl ester resins are also used in the marine industry as gel coats, barrier coats and in various composite body parts of ships. In addition, toughness followed by superior elongation properties of Bisphenol A provides Fibre-reinforced plastic (FRP) equipment with less cracking and better impact resistance.

Chapter 1 Preface 12
1.1 Report Scope and Description 12
1.1.1 Study Purpose 12
1.1.2 Target Audience 12
1.1.3 USP and Key Offerings 12
1.2 Research Scope 13
1.3 Research Methodology 14
1.3.1 Phase I – Secondary Research 14
1.3.2 Phase II – Primary Research 15
1.3.3 Phase III – Expert Panel Review 15
1.3.4 Approach Adopted 15
1.3.5 Top-Down Approach 16
1.3.6 Bottom-Up Approach 16
1.3.7 Assumptions 17
1.4 Market Segmentation 17

Chapter 2 Executive Summary 18
2.1 Market Snapshot: Global Vinyl Ester Market 19
2.1.1 Global Vinyl Ester Market, by Product Type, 2017 (Tons) (US$ Mn) 20
2.1.2 Global Vinyl Ester Market, by End-use Industry, 2017 (Tons) (US$ Mn) 21
2.1.3 Global Vinyl Ester Market, by Geography, 2017 (Tons) (US$ Mn) 21

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 …

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 …

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