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REPORT OUTLOOK
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 1.92 billion by 2029 | at 6.4 % CAGR | Asia Pacific |
| by Type | by Application | by Region |
|---|---|---|
|
|
|
SCOPE OF THE REPORT
Vinyl Ester Market Overview
The vinyl ester market is expected to grow at 6.4 % CAGR from 2022 to 2029. It is expected to reach above USD 1.92 billion by 2029 from USD 1.1 billion in 2020.
A resin known as vinyl ester is created by esterifying epoxy resin with monocarboxylic acid. The finished product is then dissolved in styrene or another solvent. Pipes and tanks, construction, transportation, and paint and coatings are just a few of the industries that use vinyl ester. It is a thermoset substance that is frequently used in place of polyester and epoxy. Increased strength and corrosion resistance are just two of the physical benefits of vinyl ester. Due to of this, it is a preferred substance among many others. It has a low viscosity and is not easily absorbed by water. Compared to other materials, it offers superior mechanical qualities and strength.
Due to growing environmental concerns, new legislation governing hazardous emissions, and rising demand for corrosion-resistant materials, the flue gas desulfurization (FGD) industry is seeing increased demand for installations. These factors are also driving the vinyl ester market. The ongoing demand for vinyl ester in the chemical and water and wastewater treatment end-use industries is another factor driving the vinyl ester market. However, the market for vinyl ester is being hampered by lower prices and easy access to replacements. Additionally, during the period of forecasting the global vinyl ester market, there will be opportunities due to the rise in wind turbine installations globally and subsequent growth in the usage of vinyl ester in public transit buses and trains.
The improved corrosion, high strength, and durability of vinyl ester, along with its rising demand from a variety of industries including construction, automotive, and chemical processing, are the market’s primary growth factors. Additional factors driving the market expansion for vinyl ester resins include expanding infrastructure development investments, the demand for lightweight materials, and increased environmental sustainability consciousness.
The presence of cheaper alternatives, like epoxy resins, which have similar qualities, is one of the market restrictions for vinyl ester. The high production and processing costs of vinyl ester resins relative to other resin types also present a barrier to market expansion. Further factors that may impede market growth include changes in the cost of raw materials, strict rules governing the use of specific chemicals, and a lack of end-user knowledge of the advantages of vinyl ester resins.
Numerous chances for expansion exist in the vinyl ester market. Vinyl ester resins have a promising market environment thanks to the rising need for corrosion-resistant materials in developing nations. Additionally, due to the outstanding mechanical qualities of vinyl ester resins, the expanding use of composite materials in sectors including wind energy, aircraft, and marine applications presents substantial prospects. Additionally, improvements in curing systems and fire retardancy in vinyl ester resin technology open up new business opportunities and applications.
Infectious disease COVID-19 was first discovered in Hubei province of Wuhan city in late December. SARS-CoV-2, a virus that causes the severe acute respiratory syndrome, is extremely contagious and spreads from person to person. Since the diseases initial outbreak in December 2019, it has spread to nearly 213 nations, prompting the World Health Organization to declare a public health emergency on March 11, 2020. International and local companies in the vinyl ester business have already cut output as a result of the COVID-19 pandemic’s interruption.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD Billion), (Kilotons). |
| Segmentation | By Type, By Application, By Region. |
| By Type
 |
|
| By Application
 |
|
| By Region
 |
|
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Vinyl ester Market Segment Analysis
The vinyl ester market is segmented based on type and application.
According to type, the vinyl ester market for Bisphenol A Diglycidyl Ether (DGEBA) is anticipated to be the largest type segment from 2020 to 2030. Due to of their ability to resist corrosion, bisphenol A vinyl ester resins are employed in a wide range of chemical applications and FGD processes. Vinyl ester resins are mostly used in the maritime sector as gel coats, barrier coats, and in the main composite body of ships.
In terms of application, the pipes and tanks sector held around 53.3% of the vinyl ester market share in 2020. In high-temperature formulations like chemical reactors and storage tanks, vinyl ester is employed. As topcoats for metal containers and electro-refining tanks, it is also utilized.
Vinyl Ester Market Player
The vinyl ester market key players includes AOC, LLC, Ashland Global Holdings Inc., DIC CORPORATION, INEOS, Interplastic Corporation, Polynt, Reinchhold LLC 2, SHOWA DENKO K.K., Sino Polymer Co., Ltd., Swancor.
10 December 2020: AOC announced it has completed the acquisition of the Unsaturated Polyester Resin (UPR) manufacturing operations in Ústà nad Labem (Czech Republic). This footprint extension will allow AOC to further improve service and logistics to its customers in Central/ Eastern Europe as well as in Germany, and will make new products (e.g. based on recycled PET) available for customers around Europe.
15 January 2020: AOC announced that per 3 march 2020, BÜFA composite systems, the German-based supplier of tailor-made unsaturated polyester resins and resin formulations, will acquire AOC (UK) Ltd. After completion of the acquisition, aoc (UK) Ltd. Will be trading under the name of BÜFA composites UK. AOC will remain the supplier of the resins portfolio.
Who Should Buy? Or Key Stakeholders
- Manufacturers, Dealers, and Suppliers of Vinyl Esters
- Government and Research Organizations
- Companies Operational in Material R&D
- Associations and Industrial Bodies
- Investment Banks
- Consulting Companies/Consultants in Chemical and Material Sectors
- Others
Vinyl Ester Market Regional Analysis
The vinyl ester market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
Over the course of the prediction, the Asia-Pacific area is expected to overtake other markets as the main one. The primary drivers for the regional market growth include the developing construction sector, burgeoning demand for corrosion-resistant pipes & tanks, rising demand for raw materials, and vigorous urbanisation. The two countries in this region that are most prominently experiencing a substantial boom in the shipbuilding and marine industries are China and South Korea. As a result, the nations serve as the market’s primary growth drivers for vinyl ester resins in the Asia Pacific region.
Applications of vinyl ester in industry and wind energy are further market drivers in North America. Significant market shares are also held by the shipbuilding or marine sector. The European vinyl ester market is driven by Western European nations like France, Germany, the United Kingdom, Belgium, and Spain due to mature end-use markets. The vinyl esters market is quite minor in the Middle East and Africa and South America. Local vinyl ester markets in the Middle East are driven by the chemicals and petrochemicals sectors. South America’s market is led by Brazil and Mexico. The market has been impacted by the significant political and economic unrest in the area. Over the projected period, it is anticipated that demand for vinyl ester would rise due to the improvement in socioeconomic conditions.
Key Market Segments: Vinyl Ester Market
Vinyl Ester Market by Type, 2020-2029, (USD Billion), (Kilotons).
- Bisphenol A Di glycidyl Ether (DGEBA)
- Epoxy Phenol Novolac (EPN)
- Brominated Fire Retardant
- Others
Vinyl Ester Market by Application, 2020-2029, (USD Billion), (Kilotons).
- Pipes & Tanks
- Paints & Coatings
- Transportation
- Pulp & Paper
- Others
Vinyl Ester Market by Region, 2020-2029, (USD Billion), (Kilotons).
- North America
- Asia Pacific
- Europe
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Exactitude Consultancy Services Key Objectives:
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- What is the expected growth rate of the vinyl ester market over the next 7 years?
- Who are the major players in the vinyl ester market and what is their market share?
- What are the end-user industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-Pacific, Middle East, and Africa?
- How is the economic environment affecting the vinyl ester market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the vinyl ester market?
- What is the current and forecasted size and growth rate of the global vinyl ester market?
- What are the key drivers of growth in the vinyl ester market?
- What are the distribution channels and supply chain dynamics in the vinyl ester market?
- What are the technological advancements and innovations in the vinyl ester market and their impact on material development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the vinyl ester market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the vinyl ester market?
- What are the products offerings and specifications of leading players in the market?
- What is the pricing trend of vinyl ester in the market and what is the impact of raw application prices on the price trend?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL VINYL ESTER MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON VINYL ESTER MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL VINYL ESTER MARKET OUTLOOK
- GLOBAL VINYL ESTER MARKET BY TYPE, 2020-2029, (USD BILLION), (KILOTONS)
- BISPHENOL A DIGLYCIDYL ETHER (DGEBA)
- EPOXY PHENOL NOVOLAC (EPN)
- BROMINATED FIRE RETARDANT
- OTHERS
- GLOBAL VINYL ESTER MARKET BY APPLICATION, 2020-2029, (USD BILLION), (KILOTONS)
- PIPES & TANKS
- PAINTS & COATINGS
- TRANSPORTATION
- PULP & PAPER
- OTHERS
- GLOBAL VINYL ESTER MARKET BY REGION, 2020-2029, (USD BILLION), (KILOTONS)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES*
(BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- AOC, LLC
- ASHLAND GLOBAL HOLDINGS INC.
- DIC CORPORATION
- INEOS
- INTERPLASTIC CORPORATION
- POLYNT
- REINCHHOLD LLC 2
- SHOWA DENKO K.K.
- SINO POLYMER CO., LTD.
- SWANCOR
*THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 2Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 3Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 4Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 5Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL VINYL ESTER MARKET BY REGION (USD BILLION), 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL VINYL ESTER MARKET BY REGION (KILOTONS), 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 8Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 9Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA VINYL ESTER MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA VINYL ESTER MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â US VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â US VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â US VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â US VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA VINYL ESTER MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA VINYL ESTER MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC VINYL ESTER MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC VINYL ESTER MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 80Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 81Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 82Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 83Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 84Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 85Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE VINYL ESTER MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 86Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE VINYL ESTER MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 87Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 88Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 89Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 90Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 91Â Â Â Â Â Â Â Â Â Â Â Â Â UK VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 92Â Â Â Â Â Â Â Â Â Â Â Â Â UK VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 93Â Â Â Â Â Â Â Â Â Â Â Â Â UK VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 94Â Â Â Â Â Â Â Â Â Â Â Â Â UK VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 95Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 96Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 97Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 98Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 99Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 100Â Â Â Â Â Â Â Â Â Â Â ITALY VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 101Â Â Â Â Â Â Â Â Â Â Â ITALY VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 102Â Â Â Â Â Â Â Â Â Â Â ITALY VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 103Â Â Â Â Â Â Â Â Â Â Â SPAIN VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 104Â Â Â Â Â Â Â Â Â Â Â SPAIN VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 105Â Â Â Â Â Â Â Â Â Â Â SPAIN VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 106Â Â Â Â Â Â Â Â Â Â Â SPAIN VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 107Â Â Â Â Â Â Â Â Â Â Â RUSSIA VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 108Â Â Â Â Â Â Â Â Â Â Â RUSSIA VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 109Â Â Â Â Â Â Â Â Â Â Â RUSSIA VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 110Â Â Â Â Â Â Â Â Â Â Â RUSSIA VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 111Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 112Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 113Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 114Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 115Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 116Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 117Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 118Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 119Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA VINYL ESTER MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 120Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA VINYL ESTER MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 121Â Â Â Â Â Â Â Â Â Â Â UAE VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 122Â Â Â Â Â Â Â Â Â Â Â UAE VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 123Â Â Â Â Â Â Â Â Â Â Â UAE VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 124Â Â Â Â Â Â Â Â Â Â Â UAE VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 125Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 126Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 127Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 128Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 129Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 130Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 131Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 132Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 133Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA VINYL ESTER MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 134Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA VINYL ESTER MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 135Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA VINYL ESTER MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 136Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA VINYL ESTER MARKET BY APPLICATION (KILOTONS), 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL VINYL ESTER BY TYPE, USD BILLION, 2020-2029
FIGURE 9Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL VINYL ESTER BY APPLICATION, USD BILLION, 2020-2029
FIGURE 10Â Â Â Â Â Â Â Â Â Â GLOBAL VINYL ESTER BY REGION, USD BILLION, 2020-2029
FIGURE 11          PORTER’S FIVE FORCES MODEL
FIGURE 12Â Â Â Â Â Â Â Â Â Â GLOBAL VINYL ESTER BY TYPE, USD BILLION, 2021
FIGURE 13Â Â Â Â Â Â Â Â Â Â GLOBAL VINYL ESTER BY APPLICATION, USD BILLION, 2021
FIGURE 14Â Â Â Â Â Â Â Â Â Â GLOBAL VINYL ESTER BY REGION, USD BILLION, 2021
FIGURE 15Â Â Â Â Â Â Â Â Â Â MARKET SHARE ANALYSIS
FIGURE 16Â Â Â Â Â Â Â Â Â Â AOC, LLC: COMPANY SNAPSHOT
FIGURE 17Â Â Â Â Â Â Â Â Â Â ASHLAND GLOBAL HOLDINGS INC.: COMPANY SNAPSHOT
FIGURE 18Â Â Â Â Â Â Â Â Â Â DIC CORPORATION: COMPANY SNAPSHOT
FIGURE 19Â Â Â Â Â Â Â Â Â Â INEOS: COMPANY SNAPSHOT
FIGURE 20Â Â Â Â Â Â Â Â Â Â INTERPLASTIC CORPORATION: COMPANY SNAPSHOT
FIGURE 21Â Â Â Â Â Â Â Â Â Â POLYNT: COMPANY SNAPSHOT
FIGURE 22Â Â Â Â Â Â Â Â Â Â REINCHHOLD LLC 2: COMPANY SNAPSHOT
FIGURE 23Â Â Â Â Â Â Â Â Â Â SHOWA DENKO K.K.: COMPANY SNAPSHOT
FIGURE 24Â Â Â Â Â Â Â Â Â Â SINO POLYMER CO., LTD.: COMPANY SNAPSHOT
FIGURE 25Â Â Â Â Â Â Â Â Â Â SWANCOR: COMPANY SNAPSHOT
FAQ
The vinyl ester market is expected to grow at 6.4 % CAGR from 2022 to 2029. It is expected to reach above USD 1.92 billion by 2029 from USD 1.1 billion in 2020.
Asia Pacific held more than 50% of the vinyl ester market revenue share in 2021 and will witness expansion in the forecast period.
The improved corrosion resistance, high strength, and durability of vinyl ester, along with its rising demand from a variety of industries including construction, automotive, and chemical processing, are the market’s primary growth factors.
In terms of application, the pipes and tanks sector held around 53.3% of the vinyl ester market share in 2020. In high-temperature formulations like chemical reactors and storage tanks, vinyl ester is employed. As topcoats for metal containers and electro-refining tanks, it is also utilized.
Asia Pacific is the largest regional market for vinyl ester market.
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