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Global Vinyl Ester Market Size To Worth USD 2.19 Billion by 2033| Key Players are INEOS, Polynt, AOC, Sino Polymer Co. Ltd., SWANCOR, Bkdj Polymers India, DIC CORPORATION and others

07-25-2025 09:25 PM CET | Chemicals & Materials

Press release from: Spherical Insights LLP

/ PR Agency: Spherical Insights LLP
Global Vinyl Ester Market Size

Global Vinyl Ester Market Size

According to a research report published by Spherical Insights & Consulting, the Global Vinyl Ester Market Size is Expected to Grow from USD 1.18 Billion in 2023 to USD 2.19 Billion by 2033, at a CAGR of 6.38% during the forecast period 2023-2033.

Comprehensive historical analysis of global market for Vinyl Ester Market has thoroughly analyzed in this report. It offers data and insights from 2019-2022, and provides extensive market forecasts from 2023-2033 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Global Vinyl Ester Market.

Get a Sample PDF Brochure: https://www.sphericalinsights.com/request-sample/8042

Market Overview
The commercial sector involved in the manufacture and distribution of vinyl resin is known as the vinyl ester market. Epoxy resin and monocarboxylic acid are combined to create vinyl ester, a thermosetting polymer with a wide range of uses in the chemical, aerospace, and marine sectors. It is anticipated that the vinyl ester market will see significant growth due to the increased installation of wind turbines and the expansion of research and development for strong and lightweight composites.

The market demand for vinyl ester is being driven by the growing installation of flue gas desulfurization (FGD) systems as a result of stricter rules on hazardous emissions and growing environmental concerns. Conversely, the market for vinyl ester is facing difficulties due to changes in the cost of raw materials and the product's short shelf life.

The global market is witnessing robust growth in the Vinyl Ester Market due to:
• The rising number of infrastructure and marine construction projects, which require high-performance, corrosion-resistant materials like vinyl ester resins for longevity and durability.

• Increasing demand for lightweight and chemically resistant composites in industries such as automotive, aerospace, and wind energy, driving adoption of vinyl ester in advanced applications.

• Technological innovations in resin formulation and curing systems, including low-VOC, high-strength, and fast-curing vinyl ester products, are expanding their usage across end-user industries and enhancing application efficiency.

Browse key industry insights spread across 210 pages with 100 Market data tables and figures & charts from the report on the Global Vinyl Ester Market Size, Share, and COVID-19 Impact Analysis, By Type (Bisphenol-A, Novolac, Brominated Fire Retardant, and Others), By Application (Pipes & Tanks, Marine, Wind Energy, FGD & Precipitators, Pulp & Paper, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

The vinyl ester market was dominated by the bisphenol-A category, which is expected to increase at the quickest CAGR over the forecast period.

The vinyl ester market is categorized by type, including brominated fire retardant, novolac, and bisphenol-A. The vinyl ester market was dominated by the bisphenol-A category, which is expected to increase at the quickest CAGR over the forecast period. Bisphenol Scrubbers, ducts, fume gas desulfurizing systems (FGD), pipes, chemical storage tanks, and wastewater treatment systems are among the devices that use vinyl ester. The market expansion is being driven by bisphenol-A's mechanical and chemical resistant properties as well as its comparatively lower cost.

With the most revenue share of 61.45%, the pipes & tanks category led the market and is anticipated to expand at the quickest CAGR throughout the course of the forecast period.

The vinyl ester market is categorized by application, including pulp & paper, wind energy, FGD & precipitators, pipes & tanks, and marine. With the most revenue share of 61.45%, the pipes & tanks segment led the market among these and is anticipated to expand at the fastest CAGR throughout the course of the projected period. Vinyl ester resins are perfect for pipeline and tank construction because of their strength, longevity, and chemical resistance. The market is being driven by the need for durable, corrosion-resistant pipes and tanks in the chemical processing, water management, and construction industries.

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Over the course of the forecast period, North America is anticipated to hold the largest share of the vinyl ester market.

Over the course of the forecast period, North America is anticipated to hold the largest share of the vinyl ester market. The market is growing as a result of growing wind power and the growing number of industrial applications of vinyl ester in chemical processing facilities, the marine (yacht) industry, and construction. The market for vinyl ester is being driven in part by the existence of large chemical and automotive industries in nations like the United States. The market is also expected to be boosted by the region's robust industrialization and favorable manufacturing environment.

Over the course of the forecast period, the vinyl ester market is expected to develop at the quickest CAGR in Asia Pacific. The market is expanding due to the high demand for vinyl ester in important industries such as transportation, chemical, wind, pharmaceutical, food processing, marine, and water and wastewater treatment. The region's market expansion is largely being driven by the significant growth in the shipbuilding power sector in countries like South Korea and China.

Leading players of Vinyl Ester Market including:
• INEOS
• Polynt
• AOC
• Sino Polymer Co. Ltd.
• SWANCOR
• Bkdj Polymers India
• DIC CORPORATION
• Interplastic Corporation
• Poliya
• Resonac Holdings Corporation
• Scott Bader Company Ltd
• SHOWA DENKO K.K
• Swancor
• Reichhold LLC
• BUFA Composites
• Allnex GmbH
• Others

Market Challenges - Vinyl Ester Market
>>Volatility in Raw Material Prices
• Vinyl ester production heavily depends on petrochemical derivatives like epoxy resins and styrene, which are sensitive to crude oil price fluctuations.
• Price instability impacts manufacturing costs and profit margins, particularly for small and medium enterprises.

>>Short Shelf Life and Storage Sensitivity
• Vinyl ester resins have limited shelf lives and can degrade when exposed to heat, light, or moisture.
• This creates storage and logistics challenges, increasing waste and handling costs.

>>Health and Environmental Concerns
• The presence of volatile organic compounds (VOCs) in vinyl ester resins raises regulatory and environmental issues.
• Manufacturers face increasing pressure to comply with stringent environmental and worker safety standards.

>>Competition from Substitutes
• Alternative resins such as polyester, epoxy, and thermoplastics are gaining market traction in cost-sensitive or non-critical applications.
• These substitutes may limit vinyl ester's market penetration in emerging sectors.

>>Technical Complexity in Application
• The curing process and composite fabrication using vinyl ester resins require specific handling skills and controlled conditions.
• Industries lacking technical expertise may prefer simpler, lower-cost materials.

>>Supply Chain Disruptions
• Global supply chain issues especially during pandemics or geopolitical tensions impact the availability of feedstocks and finished products.
• Delivery delays and increased transportation costs have affected market consistency.

Research Objectives - Vinyl Ester Market
>>To analyze the current market size, value, and growth trajectory of the global vinyl ester market from 2023 to 2033, identifying key growth drivers and restraining factors.

>>To segment the market by type, application, end-use industry, and region, providing granular insights into the most dominant and fastest-growing segments.

>>To assess the impact of technological advancements and material innovations (e.g., high-performance and corrosion-resistant vinyl ester formulations) on market expansion and adoption.

>>To study the competitive landscape, profiling leading manufacturers, their market shares, recent developments, product portfolios, and strategic initiatives (such as mergers, acquisitions, and regional expansions).

>>To evaluate key regional markets (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) for their contribution to market revenue, demand patterns, and future opportunities.

>>To identify emerging market trends, such as the increasing use of vinyl ester in renewable energy, marine, and wastewater treatment applications.

Recent Developments
• In April 2023, BUFA and AOC are expanding their existing collaboration in distribution to Southeast Europe through BUFA Composites Austria. This agreement would enable customers in the region to have better access to a broad range of quality resins, gelcoats and auxiliary materials.

Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the vinyl ester market based on the below-mentioned segments:

Global Vinyl Ester Market, By Type
• Bisphenol-A
• Novolac
• Brominated Fire Retardant
• Others

Global Vinyl Ester Market, By Application
• Pipes & Tanks
• Marine
• Wind Energy
• FGD & Precipitators
• Pulp & Paper
• Others

Regional Segment Analysis of the Global Vinyl Ester Market
• North America (U.S., Canada, Mexico)
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America)
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

What's covered in the report?
1. Overview of the Vinyl Ester Market.
2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Vinyl Ester Market, based on segment.
3. Vinyl Ester Market trends.
4. Vinyl Ester Market drivers.
5. Analysis of major company profiles.

PESTLE Analysis - Vinyl Ester Market
>>Political Factors
• Regulatory Compliance: Governments across the U.S., EU, and APAC are enforcing stricter environmental and safety standards related to volatile organic compounds (VOCs) and resin handling.
• Trade Policies and Tariffs: International trade restrictions on chemical imports/exports, especially from China and the U.S., may impact raw material availability.

>>Economic Factors
• Raw Material Price Volatility: Fluctuations in crude oil prices affect the cost of key inputs like styrene and epoxy, influencing final product pricing.
• Global Economic Uncertainty: Inflation, recessionary pressure, or supply chain disruptions can slow industrial growth and limit capital expenditures on composite materials.

>>Social Factors
Focus on Sustainability: Growing public concern over environmental pollution is pushing industries to choose more durable and recyclable materials.
Workplace Safety Awareness: Demand for non-toxic, low-VOC, and safe-to-handle resin systems is increasing among fabricators and applicators.

>>Technological Factors
• Innovation in Resin Formulations: R&D is driving improved vinyl ester blends with better chemical resistance, temperature tolerance, and application ease.
• Advanced Manufacturing Techniques: Adoption of automation, 3D resin printing, and closed-mold systems is enhancing product consistency and reducing waste.

Environmental Factors
• VOC Emission Regulations: Strict rules on emissions are pressuring manufacturers to create low-VOC or eco-friendly vinyl ester formulations.
• Sustainability Push: Customers are increasingly demanding green certifications, lifecycle assessments, and recyclable composites.

>>Legal Factors
• Occupational Health & Safety Laws: Compliance with OSHA and EU REACH regulations is essential in vinyl ester manufacturing and handling processes.
• Product Liability and Quality Standards: Legal requirements for material testing, structural performance, and fire resistance must be met, especially in infrastructure and marine sectors.

Table of Content (TOC)
• Introduction
1. Objectives of the Study
2. Market Definition
3. Research Scope
• Research Methodology and Assumptions
• Executive Summary
• Premium Insights
1. Porter's Five Forces Analysis
2. Value Chain Analysis
3. Top Investment Pockets
1. Market Attractiveness Analysis By Product Type
2. Market Attractiveness Analysis By Type
3. Market Attractiveness Analysis By Segment Type
4. Market Attractiveness Analysis By Region
4. Industry Trends
• Market Dynamics
1. Market Evaluation
2. Drivers
1. Increasing development in sector
3. Restraints
4. Opportunities
5. Challenges
• Global Vinyl Ester Market Analysis and Projection, By Product Type
• Global Vinyl Ester Market Analysis and Projection, By Type
• Global Vinyl Ester Market Analysis and Projection, By Segment Type
• Global Vinyl Ester Market Analysis and Projection, By Regional Analysis
1. Segment Overview
2. North America
1. U.S.
2. Canada
3. Mexico
3. Europe
1. Germany
2. France
3. U.K.
4. Italy
5. Spain
4. Asia-Pacific
1. Japan
2. China
3. India
5. South America
1. Brazil
6. Middle East and Africa
1. UAE
2. South Africa
• Global Vinyl Ester Market-Competitive Landscape
1. Overview
2. Market Share of Key Players in the Global Vinyl Ester Market
1. Global Company Market Share
2. North America Company Market Share
3. Europe Company Market Share
4. APAC Company Market Share
3. Competitive Situations and Trends
1. Coverage Launches and Developments
2. Partnerships, Collaborations, and Agreements
3. Mergers & Acquisitions
4. Expansions
• Company Profiles
1. Company1
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
2. Company2
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
3. Company3
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis

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About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.

CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
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