PUBLISHER: IMARC | PRODUCT CODE: 1291363
PUBLISHER: IMARC | PRODUCT CODE: 1291363
Vinyl Ester Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global vinyl ester market size reached US$ 1.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.3 Billion by 2028, exhibiting a growth rate (CAGR) of 3.2% during 2023-2028.
Vinyl ester refers to a heat-resistant, thermostat matrix resin that is synthesized through the esterification of unsaturated monocarboxylic acids with epoxy resin. It is a molecular chain, which includes a few ester groups double-bonded to vinyl groups. Vinyl ester offers strength, low shrinkage, exceptional adhesion, durability, and long-term performance. They also exhibit a great degree of resistance to heat, toxic agents, and structural deformation corrosion, due to which, they are widely employed for formulating pipes, tanks, flue gas desulfurization (FGS), paints and coatings. At present, it is available in varying types, such as bisphenol, diglycidyl ether of bisphenol A (DGEBA) and epoxy phenol novolac (EPN).
Vinyl Ester Market Trends:
The increasing demand for corrosion resistant materials across several industry verticals, especially in wastewater treatment plants for ensuring longevity, higher ductility, and improving bending capacity of sewage drains is majorly driving the vinyl ester market growth. In line with this, the numerous favorable initiatives undertaken by the government of various nations for installing flue gas desulfurization (FGD) to eliminate the release of sulfur dioxide (SO2) in the atmosphere released from the exhaust flue gases of fossil-fuel power plants is acting as another growth-inducing factor. This is further supported by the rising environmental consciousness amongst consumers and the escalating corporate social responsibility (CSR) programs to promote sustainability, which, in turn, has led to the emergence of bio-based vinyl ester resin. Moreover, the extensive product utilization in the fabrication of fiber-reinforced plastic (FRP) storage tanks, pipelines and duck systems across the chemical, mining, and power generation industries due to its superior solvent resistance and low permeability property is contributing to the market growth. Besides this, manufacturers are adopting advanced technologies to introduce environmentally friendly, non-styrene, and lightweight product variants to expand their application to marine and wind energy sectors, which is further creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global vinyl ester market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, distribution channel and application.
Breakup by Type:
Bisphenol A Diglycidyl Ether (DGEBA)
Epoxy Phenol Novolac (EPN)
Brominated Fire Retardant
Others
Breakup by Distribution Channel:
Offline
Online
Breakup by Application:
Pipes and Tanks
Paints and Coatings
Transportation
Pulp and Paper
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Akzo Nobel N.V., Ashland Global Holdings Inc., INEOS Limited, Interplastic Corporation, Nivitex Fibreglass and Resins, Poliya Composite Resins and Polymers Inc., Polynt spa, Scott Bader Company Ltd., Showa Denko K. K., Sino Polymer Co. Ltd. and Swancor Holding Co Ltd.
Key Questions Answered in This Report
1. What was the size of the global vinyl ester market in 2022?
2. What is the expected growth rate of the global vinyl ester market during 2023-2028?
3. What are the key factors driving the global vinyl ester market?
4. What has been the impact of COVID-19 on the global vinyl ester market?
5. What is the breakup of the global vinyl ester market based on the type?
6. What is the breakup of the global vinyl ester market based on the application?
7. What are the key regions in the global vinyl ester market?
8. Who are the key players/companies in the global vinyl ester market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Vinyl Ester Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Bisphenol A Diglycidyl Ether (DGEBA)
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Epoxy Phenol Novolac (EPN)
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Brominated Fire Retardant
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Distribution Channel
- 7.1 Offline
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Online
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Application
- 8.1 Pipes and Tanks
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Paints and Coatings
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Transportation
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Pulp and Paper
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Akzo Nobel N.V.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Ashland Global Holdings Inc.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 INEOS Limited
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Interplastic Corporation
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Nivitex Fibreglass and Resins
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Poliya Composite Resins and Polymers Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Polynt spa
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Scott Bader Company Ltd.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Showa Denko K. K.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Sino Polymer Co. Ltd.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Swancor Holding Co Ltd.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.1 Akzo Nobel N.V.
List of Figures
- Figure 1: Global: Vinyl Ester Market: Major Drivers and Challenges
- Figure 2: Global: Vinyl Ester Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Vinyl Ester Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Vinyl Ester Market: Breakup by Type (in %), 2022
- Figure 5: Global: Vinyl Ester Market: Breakup by Distribution Channel (in %), 2022
- Figure 6: Global: Vinyl Ester Market: Breakup by Application (in %), 2022
- Figure 7: Global: Vinyl Ester Market: Breakup by Region (in %), 2022
- Figure 8: Global: Vinyl Ester (Bisphenol A Diglycidyl Ether (DGEBA)) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Vinyl Ester (Bisphenol A Diglycidyl Ether (DGEBA)) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Vinyl Ester (Epoxy Phenol Novolac (EPN)) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Vinyl Ester (Epoxy Phenol Novolac (EPN)) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Vinyl Ester (Brominated Fire Retardant) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Vinyl Ester (Brominated Fire Retardant) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Vinyl Ester (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Vinyl Ester (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Vinyl Ester (Offline) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Vinyl Ester (Offline) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Vinyl Ester (Online) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Vinyl Ester (Online) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Vinyl Ester (Pipes and Tanks) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Vinyl Ester (Pipes and Tanks) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Vinyl Ester (Paints and Coatings) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Vinyl Ester (Paints and Coatings) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Vinyl Ester (Transportation) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Vinyl Ester (Transportation) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Vinyl Ester (Pulp and Paper) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Vinyl Ester (Pulp and Paper) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Vinyl Ester (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Vinyl Ester (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: North America: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: North America: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: United States: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: United States: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Canada: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Canada: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Asia-Pacific: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Asia-Pacific: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: China: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: China: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Japan: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Japan: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: India: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: India: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: South Korea: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: South Korea: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Australia: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Australia: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Indonesia: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Indonesia: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Others: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Others: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Europe: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Europe: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Germany: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Germany: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: France: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: France: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: United Kingdom: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: United Kingdom: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Italy: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Italy: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Spain: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Spain: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Russia: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Russia: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Others: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Others: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Latin America: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Latin America: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Brazil: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Brazil: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Mexico: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Mexico: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Others: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Others: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Middle East and Africa: Vinyl Ester Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Middle East and Africa: Vinyl Ester Market: Breakup by Country (in %), 2022
- Figure 78: Middle East and Africa: Vinyl Ester Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Global: Vinyl Ester Industry: SWOT Analysis
- Figure 80: Global: Vinyl Ester Industry: Value Chain Analysis
- Figure 81: Global: Vinyl Ester Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Vinyl Ester Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Vinyl Ester Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Vinyl Ester Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 4: Global: Vinyl Ester Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Vinyl Ester Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Vinyl Ester Market: Competitive Structure
- Table 7: Global: Vinyl Ester Market: Key Players
