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Vinyl Ester Market 2018 – Global industry Size Brad Hunt Jersey Authentic , Market Share, Market Trends and Forecast to 2026
by charliegefen · August 3, 2018


Global Vinyl Ester Market Projected To Grow With A CAGR Of 5.6% By Value From 2018 To 2026


According to the latest report published by Credence Research, Inc.聽鈥淕lobal聽Vinyl Ester Market聽– Growth, Future Prospects and Competitive Analysis Victor Rask Jersey Authentic , 2018-2026,鈥澛爐he聽global vinyl ester market accounted for US$ 789.5 Mn in 2017, expanding at a CAGR of 5.6% from 2018 to 2026.


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Market Insights


The global vinyl ester accounted for US$ 789.5 Mn in 2017 growing with a CAGR of 5.6% during the forecast period from 2018 to 2026. Vinyl ester may be defined as a thermoset matrix resin formed by a hybrid of polyester and epoxy. It is produced by an unsaturated monocarboxylic acid and esterification of epoxy resin.


It is mainly used in building and infrastructure, marine applications (composite products, pipelines and storage tanks) Jared Spurgeon Jersey Authentic , transportation, military and energy. They are mainly designed for an environment which requires physical performance and corrosion resistance.


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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 Devan Dubnyk Jersey Authentic , 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 Ryan Hartman Jersey Authentic , 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 Matt Dumba Jersey Authentic , 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 Ryan Suter Jersey Authentic , 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 Luke Kunin Jersey Authentic , Interplastic Corporation, Sino Polymer Co., AOC, Polynt and Scott Bader Company among others.


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The portable ultrasound machines for saleportable ultrasound machines for sale have been gaining in popularity over the last decade and the demand has been on the rise ever since its foundation. It is known for its abilities to treat gall stones Marcus Foligno Jersey Authentic , diagnosing kidney stones, measure blood flow and detect obstructions in the uterus and in the intestines. The treatment is totally painless and does not leave any negative impacts on the body.


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