[192 Pages Report] Vinyl Ester Market size is projected to grow from USD 761.1 Million in 2016 to USD 1,080.0 Million by 2022, at a CAGR of 5.9% from 2017 to 2022.

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Key players in the vinyl ester market include Ashland Global Holdings Inc. (US), Interplastic Corporation (US), Reinchhold LLC 2 (US), Sino Polymer Co., Ltd. (China), Swancor Holding Company Limited (Taiwan), AOC, LLC (US), Showa Denko K.K. (Germany), and Polynt (Germany), among others.

On the Basis of Type

Bisphenol A
Novolac
Brominated Fire Retardant
Elastomer Modified
Others
On the basis of End Use:

Pipes & Tanks
Marine
Wind Energy
Water Pipes
FGD & Precipitators
Building & Construction
Land Transportation
Aerospace & Defense
Others
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The bisphenol A segment is estimated to be the largest type segment of the vinyl ester market in 2017

Based on type, the bisphenol A segment is estimated to account for the largest share of the vinyl ester market in 2017. Bisphenol A vinyl esters have excellent strength and elongation properties, thus providing impact resistance and lessening the chances of cracking. These resins are used in hand lay-up, spray-up, filament winding, SMC, and pultrusion processes because of their mechanical and chemical resistance properties. They are also used in moldings that are exposed to high static or dynamic loads like pipes, tanks, and ducts.

The pipes & tanks segment is estimated to be the largest end-use segment of the vinyl ester market in 2017

Based on end use, the pipes & tanks segment is estimated to be the largest end-use segment of the vinyl ester market in 2017. This segment is driven by the growing chemical, water & wastewater treatment, and power end-use industries in the US, China, and India. Vinyl ester is used as lining in tanks, pipes, and ducts to increase the life of capital equipment.

Asia Pacific is expected to witness the highest growth in the vinyl ester market during the forecast period

The replacement of traditional materials, such as steel and aluminum with vinyl ester has contributed to the growth of the vinyl ester market in the Asia Pacific region. The rising demand for vinyl ester from various industries, such as construction, transportation, automotive, and electronics is also anticipated to drive the growth of the Asia Pacific vinyl ester market in the coming years.

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