The report highlights the increasing adoption of vinyl ester resins in pipes and tanks, which is proliferating global market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the vinyl ester resins market.
The Vinyl Ester Resins market is bifurcated into type and application. Based on type the market is segmented into epoxy vinyl ester resins, flame retardant vinyl ester resins, and others, in 2022, the epoxy vinyl ester resins segment dominate in the overall vinyl ester resins market. The application segment is categorized into pipes & tanks, paints & coatings, transportation, pulp & paper, and others. In 2022, the pipes and tanks segment accounted for the highest market share in the vinyl ester resins market.Get Free Sample
|Report Attributes||Report Details|
|By Type||Epoxy Vinyl Ester Resins (Bisphenol A Diglycidyl Ether (DGEBA) and Epoxy Phenol Novolac (EPN)), Flame Retardant Vinyl Ester Resins, and Others|
|By Application||Pipes & Tanks, Paints & Coatings, Transportation, Pulp & Paper, and Others|
|By Region||North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa|
As per the study, the market is dominated by certain major companies such as AOC, DIC CORPORATION, INEOS, and Interplastic Corporation which have a strong market position in current market circumstances. These companies are continuously leveraging new technologies to develop innovative solutions that are more durable, ensure superior functioning, and are cost-effective. Furthermore, the vinyl ester resins market is expected to witness substantial growth in the coming years due to the growing investment in pipes and tank manufacturing facilities in key regions such as North America, Asia Pacific, and others.
The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships.