AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Vinyl Ester market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Vinyl Ester market to grow at a CAGR of %.
The End Use, such as Pipes & Tanks, is boosting the Vinyl Ester market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Vinyl Ester market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increasing Demand for Corrosion Resistant Materials and Rising Demand of Vinyl Ester from Chemical Industry.
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.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Vinyl Ester market by Type (Bisphenol A, Novolac, Brominated Fire Retardant, Elastomer Modified and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market