Industry Background:
Vinyl ester refers to resin formed by the esterification of an epoxy resin with methacrylic or acrylic acids. It has numerous applications in the pipes & tanks, marine, wind energy, water pipes, FGD & precipitators, construction, land transportation, aerospace, and defense. Increasing demand for flue gas desulfurization (FGD) systems and corrosion resistant materials driving the demand for vinyl ester. Further, increasing demand for vinyl ester from chemical industry expected to drive the demand for vinyl ester over the forecasted period.
This growth is primarily driven by Increasing Demand for Corrosion Resistant Materials and Rising Demand of Vinyl Ester from Chemical Industry.
Globally, a noticeable market trend is evident Growing Applications of Vinyl Ester in Mass Transit Buses and Railways. Major Vendors, such as Global Holdings Inc. (United States), Interplastic Corporation (United States), Reinchhold LLC 2 (United States), Sino Polymer Co., Ltd. (China), Swancor Holding Company Limited (Taiwan), AOC, LLC (United States), Showa Denko K.K. (Germany), Polynt (Germany), Aliancys (United States), Scott Bader Company (United Kingdom) and Allnex (Germany) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Increasing Demand for Corrosion Resistant Materials
- Rising Demand of Vinyl Ester from Chemical Industry
Market Trend
- Growing Applications of Vinyl Ester in Mass Transit Buses and Railways
Restraints
- Fluctuating Raw Material Prizes
- Stringent Government Regulations Regarding Reducing the VOC Content in Vinyl Ester
Opportunities
Increasing Demand of Vinyl Ester Resin for the Production of Wind Blade and Rising Demand for Flue Gas Desulfurization (FGD) Systems
Challenges
Low Shelf Life Associated With Vinyl Ester
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Vinyl Ester Study Sheds Light on
The Vinyl Ester Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Vinyl Ester industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Vinyl Ester industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.