Vinyl Ester Resin Market Is Anticipated To Grow At A Cagr Of 4.5% During 2020-2026

By Author: Lucintel LLC
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The global vinyl ester resin market is projected to reach $1.1 billion by 2026, at a CAGR of 4.5% during 2020-2026. The growth of vinyl ester resin market is driven by increasing demand for corrosion resistance materials, growing infrastructural investments, and rehabilitation of old infrastructural projects.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the vinyl ester resin market by chemistry (bisphenol-A vinyl ester, novolac vinyl ester, brominated vinyl ester, and other chemistry), end use industry (FRP, paint and coatings and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the vinyl ester resin market?
Q.4 What are some changing demands of customers in the vinyl ester resin market?
Q.5 What are the new developments in the vinyl ester resin market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by ...
... key players for business growth?
Q.7 What are some of the competitive products and processes in this vinyl ester resin area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this vinyl ester resin market?
Emerging trends, which have a direct impact on the dynamics of the industry, include development of styrene-free vinyl ester resin and emergence of bio-based vinyl ester resin.
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Market Segmentation:
Based on chemistry type, the vinyl ester resin market is segmented into bisphenol-A vinyl ester, novolac vinyl ester, brominated vinyl ester, and other chemistry. The bisphenol-A vinyl ester resin segment is accounted for the largest share of the market in 2020 due to its good mechanical and chemical resistance properties at a relatively lower cost and brominated vinyl ester resin is expected to register the highest CAGR during the forecast period due to its growing use in applications which require excellent resistance to heat, fire, and chemicals.
Asia Pacific is expected to be the largest region over the forecast period and ROW is expected to witness the highest growth over the forecast period due to the increasing demand for corrosion resistance pipe and tanks and growing investment in the building and construction sectors.
Key Players in the Vinyl ester resin market are Polynt Group, Ashland Inc, Aliancys A.G., AOC Resins, Swancor Ind. Co Ltd, Showa Denko K.K., Sino Polymer Co. Ltd., Scott Bader Co. Ltd, Allnex, and others.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
To read more about this market please click on https://www.lucintel.com/vinyl-ester-resin-market.aspx
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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