Vinyl Ester Resin Market in the Composites Industry to See Strong Expansion Through 2026

This strategic assessment report provides a comprehensive analysis that reflects today’s Vinyl Ester Resin Market in the Composites Industry realities and future possibilities for the forecast period of 2021 to 2026.

Stratview Research announces the launch of a new research report on the Vinyl Ester Resin Market in the Composites Industry is Segmented by Type (Bisphenol A and Novolac) by End-Use Industry Type (Pipe & Tanks (Chemical Storage, Oil & Gas, Water & Waste Water, Pulp & Paper, and Others}, Building & Construction {CIPP, Swimming pool, Bars & Beams, and Others}, Marine {Structural and Non-Structural}, Wind Energy {Spar Caps and Others}, Transportation {Under-the-Hood Applications and Others}, and Others), by Process Type (Filament Winding, Open Mold, Pultrusion, Resin Infusion, Compression Molding, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

The report calculates the short- and long-term ramifications of the COVID-19 pandemic on Vinyl Ester Resin in the Composites Industry consumption at the global, regional, and nation scales. The report also compares pre-COVID and post-COVID scenarios to evaluate the potential loss to the industry. The vital data provided in the report can play a crucial role for market participants as well as investors in formulating short-term as well as long-term growth strategies.

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Report Features

The report delivers a detailed view of the industry based on global Vinyl Ester Resin Market in the Composites Industry size, market growth, and opportunities. The report also analyses market key aspects such as-

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • Covid-19 Impact analysis.
  • Market environment analysis: Growth drivers and constraints, and SWOT analysis.
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players

Highlights from the Report

Vinyl Ester Resin Market in the Composites Industry is likely to grow at a CAGR of 7.5% during 2021-2026 to reach a value of US$ 537 million in 2026. Vinyl ester resin is widely used in the fabrication of composite parts for a wide array of industries such as transportation, marine, buildings & construction, pipe & tanks, wind energy, and aerospace & defense. The chemical-resistant property of vinyl ester resins in corrosive aqueous areas is superior to that of other thermosets; hence, preferably used in the fabrication of pipes, tanks, structural boat parts, wind turbine spar caps, etc. Higher-strength and durability of vinyl ester composites in comparison to polyester composites further give an impetus to their growing acceptance in the transportation, building & construction, wind energy, and aerospace & defense industries.

Regional Analysis:

All regions are expected to suffer from an enormous decline in 2020. In spite of the grave downturn, Asia-Pacific is projected to remain the largest market for vinyl ester resins during the forecast period. The region’s dominance is attributed to several factors including the growing disposable income of consumers, growing infrastructure projects, rapid urbanization, and increasing investment towards renewable energy. North America and Europe are also expected to offer substantial growth opportunities with significant demand for vinyl ester resins, especially from the marine and pipe & tank industries.

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According to the report, the key players of the market are –

  • Ineos Composites
  • AOC Aliancys
  • Polynt-Reichhold Group
  • Swancor
  • Eternal Materials Co., Ltd.
  • Interplastic Corporation
  • SIR Industriale S.p.A.
  • Sino Polymers. 

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