Vinyl Ester Market 2018 – Global industry Size Jason Williams Jersey , Market Share, Market Trends and Forecast to 2026 by charliegefen · August 3, 2018
The major growth drivers for this market are growing infrastructural investments, rise in demand for corrosion resistance materials followed by rehabilitation of old and new infrastructural projects. Growing environmental awareness has also resulted in the increased use of vinyl ester in various FGD applications.
In addition, increasing use of vinyl ester in railways and mass transit are other factors boosting the demand of this market during the forecast period. Trend shows that increasing application of vinyl ester in pipes & tanks in various end-use industries that includes water & wastewater and chemicals is also expected to propel the growth of vinyl ester globally. Increasing application in marine industry is another factor bolstering the market growth and hence manufacturers are focusing on developing new vinyl ester products for marine applications.
For example, the modified vinyl ester resin product portfolio of AOC includes deals with HYDROPEL庐 H032 and HYDROPEL庐H036. These resins are mainly designed for marine industry and aims to offer better protection thereby withstanding harsh marine environments. In addition Vince Carter Jersey , there has been increasing demand of vinyl ester applications in marine industry with the increasing production of race boats, boats, super yachts, and naval and commercial craft.
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However, rising raw materials price followed by low shelf life is expected to hamper the growth of global vinyl ester market during the forecast period. Moreover Dwight Howard Jersey , with the increase in installations of wind turbines globally, vinyl ester applications is expected to rise during the forecast period. This factor acts as an opportunity in the growth of this market during the forecast period.
The global vinyl ester market has been segmented by product type, end-use industry and geography. In 2017, Bisphenol A segment dominated the global vinyl ester market by product type. The growth is mainly attributed to chemical resistance properties of Bisphenol A at a lower cost. In addition, good mechanical properties of it is also expected to drive the demand of this segment during the forecast period. In terms of end-use industry Tracy Mcgrady Jersey , pipes and tanks segment held the largest revenue and volume share in 2017 owing to increasing demand for Fiberglass Reinforced Plastics (FRP) which is mainly used for the construction of various chemical plant equipment that includes pipes, vessels and tanks in the oil and gas industry.
In terms of geography, Asia Pacific is the most prominent market and held the largest market share both in terms of value and volume in the global vinyl ester market. High demand of vinyl ester products in India and China from various end user industries that includes transportation, chemical, pharmaceutical Penny Hardaway Jersey , water & wastewater treatment and food processing is expected to trigger the market growth in Asia Pacific region during the forecast period.
Key market players in the global vinyl ester market include Ashland Inc., Reichhold, Swancor Holding, Showa Denko, Aliancys Orlando Magic Evan Fournier Jersey , Interplastic Corporation, Sino Polymer Co., AOC, Polynt and Scott Bader Company among others.
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