Press release
Vinyl ester Market: The global market is expected to grow at a CAGR of 6.5% during the forecasted period
As per the study initiated by Evolve Business Intelligence, the global Vinyl ester Market size accounted for USD 1.5 Billion in 2022, growing at a CAGR of 6.5% from 2023 to 2033. Vinyl Ester Market refers to the market for vinyl ester resins, which are a type of thermosetting resin widely used in the production of composite materials. Vinyl ester resins are derived from the esterification reaction of epoxy resins with acrylic or methacrylic acids. These resins exhibit enhanced mechanical properties, chemical resistance, and thermal stability compared to other resin systems.Factors driving the vinyl ester market include the increasing demand for corrosion-resistant materials, growth in the construction and infrastructure sectors, the adoption of composite materials in various industries, and the expanding use of vinyl ester resins in applications requiring high chemical resistance. The market is influenced by factors such as technological advancements, regulatory standards, and environmental considerations affecting the selection of materials in different industries.
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Key Highlights:
• The global Vinyl ester Market size was valued at USD 1.5 billion in 2022 growing at a CAGR of 6.5% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Vinyl ester Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..
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Key Players
Some of the major Vinyl ester Market players holding high market shares include Ashland Global Holdings Inc., Polynt, DIC Corporation and SHOWA DENKO K.K. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• INEOS
• Ashland Global Holdings Inc.
• Polynt
• DIC Corporation
• SHOWA DENKO K.K.
• Swancor
• Reichhold LLC 2
• Sino Polymer Co. Ltd.
• Interplastic Corporation
Segmental Analysis
Market Segment By Type
• Bisphenol A Diglycidyl Ether (DGEBA)
• Epoxy Phenol Novolac (EPN)
• Brominated Fire Retardant
Market Segment By Application
• Pipes & Tanks
• Paints & Coatings
• Transportation
• Pulp & Paper
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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and data forecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making
Evolve Business Intelligence
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Website: https://evolvebi.com/
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.
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