Vinyl Ester Resins Market are particular resins produced via the esterification process of an epoxy resin combined with acrylic or methacrylic acids. The ‘vinyl’ groups refer to these ester substituents that are susceptible to polymerization. These resins are composed of a base of polyester resin that is toughened with epoxy molecules. They are specifically designed as a hybrid form of polyester resins, and thus, can also be called hybrid polyester resins. These resins comprise low-molecular-weight prepolymers and are highly viscous. Their effectiveness can be enhanced by dissolving them in a vinyl monomer along with an organic peroxide.
Owing to their exclusive features, such as robust chemical, mechanical, and heat resistance, vinyl ester resins find widespread application in a broad spectrum of industries, including marine, construction, automotive, and aviation industries. In homebuilt airplanes, vinyl ester fiberglass-reinforced structures are used to build the Glasair and Glastar kit planes. Vinyl ester resins are extensively used in the marine industry, owing to their high corrosion and water absorption resistance. Moreover, they are widely used in the manufacture of FRP tanks and vessels. These resins are in huge demand across the building construction industry due to their excellent weathering resistance properties. They are majorly employed in laminating processes and repairing materials, usually in combination with methyl ethyl ketone peroxide. However, in comparison to polyester resins, these resins are more reliable and durable by virtue of their greater strength, low permeability, robust mechanical properties, and abrasion resistance. Moreover, these resins are highly waterproof and exhibit strong endurance to structural deformations and corrosion by chemical agents.
primary and secondary research which is evaluated by experts and professionals in the industry.
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The report offers details about financial standing, global positional, license agreement, business expansion plans and product portfolios of each player operating in the market. The global Vinyl Ester Resins market is extremely competitive and comprise various key players operating at global and regional levels. These players are adopting various strategies such as mergers and acquisitions, collaborations, joint ventures, partnerships, RD investments and new product launches to gain robust footing in the market and expand their product portfolio.
Key Companies in the market include: Ashland, Interplastic Corporation, Changzhou Tianma Group, Sino Polymer, Swancor, Reichhold, Showa Denko, DSM, Hexion, Fuchem, AOC Resins
Report Overview:
The materials and chemicals industry revenue has rapidly expanded over the recent past. The global Vinyl Ester Resins market is expected to register robust revenue growth during the forecast period, 2021-2028. Revenue growth of the global market is significantly driven by factors such as high demand for raw materials and chemicals across various sectors including food and beverages, paper pulp, chemicals and medical, biotechnology and pharmaceutical and rapid urbanization and industrial developments worldwide. In addition, increasing per capita income, rising investments by public and private organizations and rising demand for eco-friendly and sustainable products due to rising awareness about carbon emissions are expected to boost global market growth during the forecast period.
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Market Segmentation:
By Product Type:
- Bisphenol A Vinyl Ester
- Novolac Vinyl Ester
- Flame Retardant Epoxy Vinyl Ester
- Phenolic Epoxy Vinyl Ester
- Brominated Fire Retardant Vinyl Ester
- Elastomer Modified Vinyl Ester
- High Crosslinking Density Epoxy Vinyl Ester
- Flexible Epoxy Vinyl Ester
- PU Modified Epoxy Vinyl Ester
By Application:
- Pipes Tanks
- FGD Precipitators
- FRP Products
- Binders
- Concrete Lining
- Anti-corrosive Coatings
- Wind Energy
- Water Pipes
- Marine
- Building Construction
- Aerospace Defense
- Automotive
- Others
Regional Outlook:
Key Regional Markets Covered in the Report:
North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Key questions covered in the global Vinyl Ester Resins market report:
- What is the expected market size of the global Vinyl Ester Resins market during the forecast period?
- What factors are expected to hamper global Vinyl Ester Resins market growth over the forecast period?
- What key factors are expected to drive global revenue growth between 2021 and 2028?
- Which application segment is expected to dominate other application segments over the forecast period?
- Which region is expected to dominate in terms of revenue during the forecast period?
- What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
- Which leading players are operating in the global Vinyl Ester Resins market?
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