The new report titled ‘Global Vinyl Ester Market published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments.
The global vinyl ester market size was USD 1,023.0 Million in 2021 and is expected to register a revenue CAGR of 5.1% during the forecast period, according to latest analysis by Emergen Research. Increasing awareness regarding benefits of utilizing vinyl esters over polyester resins in end-use industries is a major factor driving market revenue growth. Vinyl ester and polyester resins differ significantly depending on chemical compositions and these differences reflect themselves in their physical properties, therefore, industry professionals significantly invest in gathering ideas of what performance is required from the build. Selection between these resins plays a key role in determining strength, durability, and product life and also affects overall cost associated with manufacturing of end products. Also, understanding these key differences enables users to compile the list of critical material performance factors required from finished product and inform the selection. For instance, cross bonding of vinyl esters is superior to that of polyesters, which denotes that vinyl esters bond to core materials more effectively than polyesters. In addition, vinyl esters are less sensitive to ambient conditions, such as temperature and humidity, than polyesters. Vinyl esters are also used in applications such as in the automotive industry it is used in manufacturing of parts and surfaces of vehicles. This can be primarily attributed to their water-resistant properties. On the other hand, in the construction industry, it is used in fascias for buildings, reinforcement of bridges, and others.
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Key Points of Vinyl Ester Market:
- Extensive coverage of the analysis of the Vinyl Ester market
- Key insights into the regional spread of the industry in key geographies
- Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
- Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Vinyl Ester market
- Complete data about the key manufacturers and vendors in the Vinyl Ester market
Market Drivers:
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
The report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market. The rising demand for the Vinyl Ester products is expected to drive the demand for Vinyl Ester, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market.
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Leading Companies of the Vinyl Ester Industry and Profiled in the Report are:
DIC Corporation, Interplastic Corporation, Reichhold LLC, Swancor, Showa Denko K.K., Polynt S.p.A., AOC, Scott Bader Company Ltd., Allnex GMBH, Hexion, Nivitex Fiberglass and Resins, and Mechemco
Based on Type, the Vinyl Ester Market is segmented into:
Type Outlook (Revenue, USD Million; 2019-2030)
- Bisphenol A
- Novolac
- Brominated Fire Resistant
- Elastomer Modified
- Others
End-Use Outlook (Revenue, USD Million; 2019-2030)
- Pipes & Tanks
- Marine
- Wind Energy
- FGD & Precipitators
- Building & Construction
- Aerospace & Defense
- Others
Regional Outlook (Revenue, USD Million; 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of Middle East & Africa
- North America
Regional Analysis:
The report sheds light on the region expected to dominate the Vinyl Ester market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Vinyl Ester market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
Key Benefits of Buying the Global Vinyl Ester Report:
- Comprehensive analysis of the changing competitive landscape
- Assists in decision making processes for the businesses along with detailed strategic planning methodologies
- The report offers an 8-year forecast and assessment of the Global Vinyl Ester market.
- Helps in understanding the key product segments and their estimated growth rate
- In-depth analysis of market drivers, restraints, trends, and opportunities
- Comprehensive regional analysis of the Global Vinyl Ester Market
- Extensive profiling of the key stakeholders of the business sphere
- Detailed analysis of the factors influencing the growth of the Global Vinyl Ester Market
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