Vinyl Ester Market by Product Type, Distribution Channel, End User 2022-2027

Author: Elena Anderson, Marketing Manager |

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Global Vinyl Ester Market Research Report:

The latest report by IMARC, titled “ Vinyl Ester Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ” finds that the global vinyl ester market reached US$ 1.01 Billion in 2021. Vinyl ester is a resin-based coating system used to protect concrete and metal structures, which are continuously or occasionally exposed to heavy-duty chemical, thermal or mechanical attacks.

It is also utilized as an alternative to acid bricks and linings for secondary containment areas that hold very hot and corrosive acids. As it is multi-layered and highly durable, vinyl ester finds extensive applications in pipe and tank, construction, pulp and paper, transportation, and paint and coatings industries worldwide.

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Global Vinyl Ester Market Trends:

Due to the growing environmental concerns and stringent laws on hazardous emissions, there is a rise in the demand for flue gas desulfurization (FGD) installations across the globe. This, along with the escalating demand for corrosionresistant materials, represents one of the key factors driving the market. Moreover, the increasing demand for vinyl ester in chemical, water, and wastewater treatment is positively influencing the market. In addition, there is a rise in the number of wind turbine installations around the world. This, coupled with the rising application of vinyl ester in mass transit buses and railways to provide durability, strength, and chemical resistance, is propelling the growth of the market. Besides this, due to its high resistance to salty ocean water, vinyl ester is used as a coating material in hulls, decks, and marine vessels. In line with this, the expanding marine industry is offering lucrative growth opportunities to industry investors. Apart from this, the rising usage of vinyl ester in pipes and tanks to provide resistance against corrosion is bolstering the growth of the market. Looking forward, IMARC Group expects the market to reach US$ 1.30 Billion by 2027, exhibiting a CAGR of 4.10% during the forecast period (2022-2027).

Looking forward, the market value is projected to reach a strong growth during the forecast period (2022-2027).

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Market Summary:

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

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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

• Middle East and Africa

Competitive Landscape with Key Players:

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.

• Swancor Holding Co Ltd.

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