Vinyl Ester Market_PPT
                     VINYL ESTER MARKET 2020
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Vinyl Ester MARKET 2020
Vinyl Ester Market 2020: Industry Survey, Growth, Competitive
Landscape and Forecasts to 2023
Vinyl Ester is used as a resin, which is a hybrid form of polyester resin. The polyester resin is strengthened by the addition of epoxy 
resin. These resins are resistant to chemical and thermal aggressive environments and prevent water absorption as well it 
prevents corrosion. Thus, it is used in the oil and gas industry. Furthermore, Vinyl Ester has high resistance to vibrational forces. 
Moreover, increasing application of Vinyl Ester in lining flue gas desulphurization add fuel to the growth of the market. Owing to 
the chemical and thermal resistance characteristics of Vinyl Ester resin, it is used in the manufacturing of pipes and tanks, blades 
of a wind turbine, and yacht manufacturing. It further reduces the maintenance cost using composites to replace other materials. 
Growing adoption of wind energy is being adopted as an important source of green energy by many developing countries, which is 
likely to boost the market growth over the review period. The global aerospace & defense market is 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. Additionally, they are free from volatile organic compounds (VOC’s). 
However, high cost may slow the growth of the global market.
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Vinyl Ester MARKET 2020
Market 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 segmented into bisphenol a, brominated vinyl ester, vinyl ester modified, and others. On the basis of the end use industry 
the Global Vinyl Ester Market is segmented onto pipes & tanks, marine, wind energy, oil & gas, aerospace, construction, and others. 
Geographically, the markets is divided into five key regions namely Asia Pacific, North America, Europe, Latin America, and Middle 
East & Africa.
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Vinyl Ester MARKET 2020
Regional Analysis
Asia Pacific is the largest market owing to the growth of the oil & gas and wind industry. India, Japan and China are the major 
markets in this region on accounts of an increasing investment in oil & gas and wind energy sectors. 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 drive the growth of the marine industry in this region. Since Vinyl Ester is more resistant to water degradation, it 
prevent the entry of water into the ships and yachts.  This, in turn, is expected favor the demand for vinyl ester composite in this 
region. The U.K, France, Germany, and Italy are major contributor to the market growth. The aerospace and automotive industries 
in Europe are the major consumers of vinyl ester, which is used in the manufacturing of reinforced fiber glass in this region. Latin 
America is witnessing a steady growth in countries namely Brazil and Argentina. In the coming years, the opportunities for Vinyl 
Ester material are expected to boost the growth of the Middle East & African market due to rising end use industries namely 
building & construction which would help propel the growth of the regional market.
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Vinyl Ester MARKET 2020
Application & Major Players in this Research:
Vinyl Ester Market Prominent Players:
Some of the leading 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).
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