Vinyl Ester Market Research Report- Forecast to 2027

Global Vinyl Ester Market by Product Type (Bisphenol A, Brominated Vinyl Ester, Vinyl Ester Modified and Others), End-Use Industry (Pipes & Tanks, Marine, Wind Energy, Oil & Gas, Aerospace, and Construction), by Region till 2027

ID: MRFR/CnM/3420-HCR | February 2021 | Region: Global | 140 pages

Please note that the assessment period of report has been updated from 2016-2023 to 2020-2027. Cordially fill the sample form for updated data.

Vinyl Ester is used as a resin and it is a hybrid form of polyester resin. Polyester resin is strengthened by the addition of epoxy resin. These resins are resistant to much more chemically and thermally aggressive environments and withstand water absorption. Furthermore, vinyl ester has high resistance to vibrational forces. Vinyl Ester finds their major applications in oil & gas, wherein there are a need for corrosion resistant, heat resistant and vibration resistant materials. Vinyl Ester is used for lining flue gas desulphurization. The chemical and thermal resistance characteristics of vinyl ester resin is higher than the traditional materials such as polyester resin, which makes them applicable in pipes and tanks, blades of a wind turbine, and yacht manufacturing. Apart from this, Vinyl Ester further enhances the advantages of resins for corrosion resistant applications and demonstrates the manufacturing and labor savings of using composites to replace other materials.


The Global Aerospace & Defense Market was growing at highest CAGR on account of increasing demand for petroleum products in oil & gas industry. This is expected to continue throughout the forecast period to propel the growth of the Global Vinyl Ester Market. Wind Energy is being adopted as an important source of green energy by many developing countries. In recent times, the trend is followed by developing countries as well owing to increasing environmental concerns. The heat weather resistant nature of Vinyl Ester is favoring the growth of its demand in wind energy sector. The global composite market is estimated to reach higher growth rate during the forecast period on account of the growing demand from major end-use industries. This, in turn, is anticipated to help push the growth of the Global Vinyl Ester Market. Major players manufacturing the product are heavily investing in production of vinyl ester to meet increasing demand from pipes & storage tanks industries to ensure safer storage of volatile and explosive chemicals. However, the cost-intensive nature of vinyl ester composite may pose as a declining factor in the growth of its global market. As vinyl ester is more expensive than its polyester and Vinyl Ester-based counterparts.


Global Vinyl Ester Market Share, by End-Use Industry 2016 (%):Vinyl Ester Market


Regional Analysis:


The Global Vinyl Ester Market is consist of five key regions: Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific is the largest market owing to the growth of the oil & gas, and wind industry. India, Japan, and China are the major countries in this region owing to the increasing investment in oil & gas and wind energy sectors.


North America is a substantial region in the Global Vinyl Ester Market, after Asia Pacific. The U.S. is the largest market in this region owing to the presence of well-established end-use industries such as the marine industry. Increasing production of yachts and ships is projected to lead the marine industry. Since vinyl ester prevents the entry of water into the ships and yachts.  This, in turn, is expected favor vinyl ester composite market in this region.


Europe is following North America in the Global Vinyl Ester Market. Major contributors to the regional market in this region are the U.K, France, Germany, and Italy. The aerospace and automotive industries in Europe are the major consumers of vinyl ester, it is used in the manufacturing of reinforced fiberglass in this region, which is driving the growth of the regional market. Latin America is witnessing a steady growth in countries namely Brazil and Argentina. The marine industry in Brazil is estimated to gain a substantial momentum during the forecast period to push the growth of the regional vinyl ester market. In the coming years, the opportunities for Vinyl Ester material are expected grow in the Middle East & Africa due to rising end-use industries namely building & construction; vinyl ester is used in the manufacturing of roof laminate, door surrounds, over-door canopies, window canopies and dormers, and chimneys.


Segmentation:


The Global Vinyl Ester Market is segmented on the basis of product type, end-use industry, and region. Based on the fiber type, the market is divided into bisphenol a, brominated vinyl ester, vinyl ester modified, and others. On the basis of the end use industry, the global vinyl ester composite market is segmented into pipes & tanks, marine, wind energy, oil & gas, aerospace, construction, and others. Geographically, the market is divided into five key regions namely Asia Pacific, North America, Europe, Latin America, and Middle East & Africa.


Key Players:


Some of the prominent players in the Global Vinyl ester Market are Ashland Global Holdings Inc. (U.S.), Interplastic Corporation (U.S.), Reinhold GmbH (Germany), Sino Polymer New Materials Co., Ltd. (China), Swancor Holding Co., Ltd. (China), AOC, LLC (U.S.), Showa Denko K.K. (Japan), Polynt S.p.A. (Italy), Scott Bader Company Ltd. (U.K), and allnex group (Germany).


Intended Audience



  • Vinyl Ester Manufacturers

  • Traders and Distributors of Vinyl Ester

  • Research and Development Institutes

  • Potential Investors

  • Raw Material Suppliers

  • Nationalized Laboratory



Table of Contents:

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining Power of Buyers

4.1.3 Threat of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain/Supply Chain of Global Vinyl Ester Market

5 Industry Overview of Global Vinyl Ester Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7. Global Vinyl Ester Market by Product Type

7.1 Introduction

7.2 Bisphenol A

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Brominated Vinyl Ester

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Modified Vinyl Ester

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

7.5 Others

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Vinyl Ester Market by End use

8.1 Introduction

8.2 Pipes & Tanks

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Marine

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 Wind Energy

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

8.5 Oil & Gas

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Region, 2020-2027

8.6 Aerospace

8.6.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Region, 2020-2027

8.7 Construction

8.7.1 Market Estimates & Forecast, 2020-2027

8.7.2 Market Estimates & Forecast by Region, 2020-2027

8.8 Others

8.8.1 Market Estimates & Forecast, 2020-2027

8.8.2 Market Estimates & Forecast by Region, 2020-2027

9. Global Vinyl Ester Market by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Product Type, 2020-2027

9.2.3 Market Estimates & Forecast by End use, 2020-2027

9.2.4 US

9.2.4.1 Market Estimates & Forecast, 2020-2027

9.2.4.2 Market Estimates & Forecast by Product Type, 2020-2027

9.2.4.3 Market Estimates & Forecast by End use, 2020-2027

9.2.5 Canada

9.2.5.1 Market Estimates & Forecast, 2020-2027

9.2.5.2 Market Estimates & Forecast by Product Type, 2020-2027

9.2.5.3 Market Estimates & Forecast by End use, 2020-2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Product Type, 2020-2027

9.3.3 Market Estimates & Forecast by End use, 2020-2027

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2020-2027

9.3.4.2 Market Estimates & Forecast by Product Type, 2020-2027

9.3.4.3 Market Estimates & Forecast by End use, 2020-2027

9.3.5. France

9.3.5.1 Market Estimates & Forecast, 2020-2027

9.3.5.2 Market Estimates & Forecast by Product Type, 2020-2027

9.3.5.2 Market Estimates & Forecast by End use, 2020-2027

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, 2020-2027

9.3.6.2 Market Estimates & Forecast by Product Type, 2020-2027

9.3.6.2 Market Estimates & Forecast by End use, 2020-2027

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast, 2020-2027

9.3.7.2 Market Estimates & Forecast by Product Type, 2020-2027

9.3.7.2 Market Estimates & Forecast by End use, 2020-2027

9.3.8 UK

9.3.8.1 Market Estimates & Forecast, 2020-2027

9.3.8.2 Market Estimates & Forecast by Product Type, 2020-2027

9.3.8.2 Market Estimates & Forecast by End use, 2020-2027

9.3.9 Russia

9.3.9.1 Market Estimates & Forecast, 2020-2027

9.3.9.2 Market Estimates & Forecast by Product Type, 2020-2027

9.3.9.2 Market Estimates & Forecast by End use, 2020-2027

9.3.10 Poland

9.3.10.1 Market Estimates & Forecast, 2020-2027

9.3.10.2 Market Estimates & Forecast by Product Type, 2020-2027

9.3.10.2 Market Estimates & Forecast by End use, 2020-2027

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Product Type, 2020-2027

9.4.3 Market Estimates & Forecast by End use, 2020-2027

9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2020-2027

9.4.4.2 Market Estimates & Forecast by Product Type, 2020-2027

9.4.4.3 Market Estimates & Forecast by End use, 2020-2027

9.4.5 India

9.4.4.1 Market Estimates & Forecast, 2020-2027

9.4.4.2 Market Estimates & Forecast by Product Type, 2020-2027

9.4.4.3Market Estimates & Forecast by End use, 2020-2027

9.4.5 Japan

9.4.5.1 Market Estimates & Forecast, 2020-2027

9.4.5.2 Market Estimates & Forecast by Product Type, 2020-2027

9.4.5.3 Market Estimates & Forecast by End use, 2020-2027

9.4.6 Australia

9.4.6.1 Market Estimates & Forecast, 2020-2027

9.4.6.2 Market Estimates & Forecast by Product Type, 2020-2027

9.4.6.3 Market Estimates & Forecast by End use, 2020-2027

9.4.7 New Zealand

9.4.7.1 Market Estimates & Forecast, 2020-2027

9.4.7.2 Market Estimates & Forecast by Product Type, 2020-2027

9.4.7.3 Market Estimates & Forecast by End use, 2020-2027

9.4.8 Rest of Asia Pacific

9.4.8.1 Market Estimates & Forecast, 2020-2027

9.4.8.2 Market Estimates & Forecast by Product Type, 2020-2027

9.4.8.2 Market Estimates & Forecast by End use, 2020-2027

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Product Type, 2020-2027

9.5.3 Market Estimates & Forecast by End use, 2020-2027

9.5.4 Turkey

9.5.4.1 Market Estimates & Forecast, 2020-2027

9.5.4.2 Market Estimates & Forecast by Product Type, 2020-2027

9.5.4.3 Market Estimates & Forecast by End use, 2020-2027

9.5.5 Israel

9.5.5.1 Market Estimates & Forecast, 2020-2027

9.5.5.2 Market Estimates & Forecast by Product Type, 2020-2027

9.5.5.3 Market Estimates & Forecast by End use, 2020-2027

9.5.6 North Africa

9.5.6.1 Market Estimates & Forecast, 2020-2027

9.5.6.2 Market Estimates & Forecast by Product Type, 2020-2027

9.5.6.3 Market Estimates & Forecast by End use, 2020-2027

9.5.7 GCC

9.5.7.1 Market Estimates & Forecast, 2020-2027

9.5.7.2 Market Estimates & Forecast by Product Type, 2020-2027

9.5.7.3 Market Estimates & Forecast by End use, 2020-2027

9.5.8 Rest of Middle East & Africa

9.5.8.1 Market Estimates & Forecast, 2020-2027

9.5.8.2 Market Estimates & Forecast by Product Type, 2020-2027

9.5.8.3 Market Estimates & Forecast by End use, 2020-2027

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast by Product Type, 2020-2027

9.6.3 Market Estimates & Forecast by End use, 2020-2027

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, 2020-2027

9.6.4.2 Market Estimates & Forecast by Product Type, 2020-2027

9.6.4.3 Market Estimates & Forecast by End use, 2020-2027

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, 2020-2027

9.6.5.2 Market Estimates & Forecast by Product Type, 2020-2027

9.6.5.3 Market Estimates & Forecast by End use, 2020-2027

9.6.6 Mexico

9.6.6.1 Market Estimates & Forecast, 2020-2027

9.6.6.2 Market Estimates & Forecast by Product Type, 2020-2027

9.6.6.3 Market Estimates & Forecast by End use, 2020-2027

9.6.7 Rest of Latin America

9.6.7.1 Market Estimates & Forecast, 2020-2027

9.6.7.2 Market Estimates & Forecast by Product Type, 2020-2027

9.6.7.3 Market Estimates & Forecast by End use, 2020-2027

10. Company Landscape

11. Company Profiles

11.1 Ashland Global Holdings Inc.

11.1.1 Company Overview

11.1.2 Product Type/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 Interplastic Corporation

11.2.1 Company Overview

11.2.2 Product Type/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Reinhold GmbH

11.3.1 Company Overview

11.3.2 Product Type/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Sino Polymer New Materials Co., Ltd.

11.4.1 Company Overview

11.4.2 Product Type/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 Swancor Holding Co., Ltd.

11.5.1 Company Overview

11.5.2 Product Type/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 AOC, LLC

11.6.1 Company Overview

11.6.2 Product Type/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 Showa Denko K.K.

11.7.1 Company Overview

11.7.2 Product Type/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 Polynt S.p.A.

11.8.1 Company Overview

11.8.2 Product Type/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Scott Bader Company Ltd.

11.9.1 Company Overview

11.9.2 Product Type/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.10 allnex group

11.10.1 Company Overview

11.10.2 Product Type/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

12. Conclusion

List of Tables:

Table 1 World Population by Major Regions (2020-2027)

Table 2 Global Vinyl Ester Market: By Region, 2020-2027

Table 3 North America Vinyl Ester Market: By Country, 2020-2027

Table 4 Europe Vinyl Ester Market: By Country, 2020-2027

Table 5 Asia-Pacific Vinyl Ester Market: By Country, 2020-2027

Table 7 Middle East & Africa Vinyl Ester Market: By Country, 2020-2027

Table 6 Latin America Vinyl Ester Market: By Country, 2020-2027

Table 8 Global Vinyl Ester by Product Types Market: By Regions, 2020-2027

Table 9 North America Vinyl Ester by Product Types Market: By Country, 2020-2027

Table 10 Europe Vinyl Ester by Product Types Market: By Country, 2020-2027

Table11 Asia-Pacific Vinyl Ester by Product Types Market: By Country, 2020-2027

Table13 Middle East & Africa Vinyl Ester by Product Types Market: By Country, 2020-2027

Table12 Latin America Vinyl Ester by Product Types Market: By Country, 2020-2027

Table14 North America Vinyl Ester for End use Market: By Country, 2020-2027

Table13 Europe Vinyl Ester for End use Market: By Country, 2020-2027

Table14 Asia-Pacific Vinyl Ester for End use Market: By Country, 2020-2027

Table16 Middle East & Africa Vinyl Ester for End use Market: By Country, 2020-2027

Table15 Latin America Vinyl Ester for End use Market: By Country, 2020-2027

Table23 Global Product Types Market: By Region, 2020-2027

Table24 Global End use Market: By Region, 2020-2027

Table25 North America Vinyl Ester Market, By Country

Table26 North America Vinyl Ester Market, By Product Types

Table27 North America Vinyl Ester Market, By End use

Table28 Europe: Vinyl Ester Market, By Country

Table29 Europe: Vinyl Ester Market, By Product Types

Table30 Europe: Vinyl Ester Market, By End use

Table31 Asia-Pacific: Vinyl Ester Market, By Country

Table32 Asia-Pacific: Vinyl Ester Market, By Product Types

Table33 Asia-Pacific: Vinyl Ester Market, By End use

Table36 Middle East & Africa: Vinyl Ester Market, By Country

Table37 Middle East & Africa Vinyl Ester Market, By Product Types

Table33 Middle East & Africa: Vinyl Ester Market, By End use

Table34 Latin America: Vinyl Ester Market, By Country

Table35 Latin America Vinyl Ester Market, By Product Types

Table33 Latin America: Vinyl Ester Market, By End use

List Of Figures:

FIGURE 1 Global Vinyl Ester Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Vinyl Ester Market

FIGURE 4 Value Chain of Global Vinyl Ester Market

FIGURE 5 Share of Global Vinyl Ester Market in 2020, by country (in %)

FIGURE 6 Global Vinyl Ester Market, 2020-2027,

FIGURE 7 Sub segments of Product Type

FIGURE 8 Global Vinyl Ester Market size by Product Type, 2020

FIGURE 9 Share of Global Vinyl Ester Market by Product Type, 2020-2027

FIGURE 10 Sub segments of End use

FIGURE 11 Global Vinyl Ester Market size by End use, 2020

FIGURE 12 Share of Global Vinyl Ester Market by End use, 2020-2027