According to the recent study the vinyl ester resin market is projected to reach an estimated $876 million by 2030 from $693 million in 2023 at a CAGR of 3% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for corrosion resistance materials, growing infrastructural investments, and rehabilitation of old infrastructural projects.
Browse 139 figures/charts
and 97 tables in this 171-page report to understand trends, opportunities and
forecast in vinyl ester resin market by end use (FRP, paint and coatings and
others), chemistry (bisphenol-A vinyl ester, novolac vinyl ester, brominated
vinyl ester, and other chemistry), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
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vinyl ester resin market
Bisphenol-A vinyl ester
resin will remain the largest segment over the forecast period due to its good
mechanical and chemical resistance properties at a relatively lower cost and it
is also expected to witness highest growth over the forecast period.
Asia Pacific is expected
to remain the largest region over the forecast period because of the tremendous
economic growth in China and India, and increasing demand for corrosion
resistance pipe and tanks and growing investment in the building and
construction and well as industrial sector and it is also expected to the
witness highest growth over the forecast period.
Polynt REICHHOLD Group,
Ashland Inc., AOC Resins, Swancor Ind. Co., Ltd., Showa Denko K.K, Sino Polymer
Co., Ltd, Scott Bader Co. Ltd, and Allnex are the major supplier in the vinyl
ester resin market.
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Lucintel
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