Market Overview:
The global polyester/vinyl ester resins market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for FRP products, anti-corrosion coatings, and other applications across the globe. In terms of type, flame retardant epoxy vinyl ester is expected to lead the market during the forecast period owing to its properties such as high thermal stability and excellent mechanical properties. In terms of application, FRP products are expected to lead the market during the forecast period owing to their growing demand in various end-use industries such as construction and transportation.
Product Definition:
Polyester/vinyl ester resins are thermoset resins that are used in the manufacture of composite materials. These resins are important because they provide high strength and stiffness, as well as good thermal and chemical resistance. They can be used to make parts for a variety of applications, including aerospace, automotive, and marine.
Flame Retardant Epoxy Vinyl Ester:
Flame retardant epoxy vinyl ester is a polymer, which contains one or more epoxide groups. One such group is usually sufficient to provide flame resistance. The product can be either thermosetting or thermoplastic in nature depending upon the application requirements. It offers excellent thermal stability and high heat resistance along with improved mechanical properties such as tensile strength and flexural modulus compared to other polymers used for fiberglass reinforced plastics (FRP).
Phenolic Epoxy Vinyl Ester:
Phenolic epoxy vinyl ester is a polymer with the chemical formula (C 6 H 5 CH 2 O) x P EV, where x is an independently variable number ranging from 4 to 12. It has been used as a monomer in the production of polyester resins and as an intermediate in manufacturing other chemicals such as bisphenol A.
Application Insights:
The demand for the product in fiberglass reinforced plastic (FRP) products was valued over USD 1.5 billion in 2017 and is expected to witness significant growth on account of increasing applications of the product in manufacturing FRP components. The anti-corrosion coating application segment is also estimated to witness considerable growth over the forecast period owing to rising demand for coatings that prevent corrosion caused by exposure to acid or base liquids, chlorinated water, oil & gas fluids as well as industrial waste waters.
Other applications include food packaging, marine and transportation industries among others.
Regional Analysis:
Asia Pacific emerged as the largest market for global polyester/vinyl ester resins in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand from end-use industries, such as construction and automotive, coupled with rapid urbanization and industrialization.
The growth of major economies in Asia Pacific including China, India, Indonesia and Thailand has been supported by strong economic growth resulting in increased disposable income which is subsequently used for investing in housing & infrastructure projects leading to increased demand for flame retardant epoxy vinyl ester products.
North America accounted for a volume share of 19% in 2017 on account of high acceptance across various applications due to growing environmental concerns regarding carbon footprints caused during product manufacturing processes along with stringent government regulations pertaining fire safety standards required from consumer goods including building materials.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and marine sectors
- Rising demand for lightweight and durable materials in transportation sector
- Growing popularity of polyester/vinyl ester resins in wind energy industry
- Increasing use of polyester/vinyl ester resins in composites manufacturing
- Technological advancements that improve the properties of these resins
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyester/Vinyl Ester Resins Market Research Report
By Type
Flame Retardant Epoxy Vinyl Ester, Phenolic Epoxy Vinyl Ester, High Crosslinking Density Epoxy Vinyl Ester, Flexible Epoxy Vinyl Ester, PU Modified Epoxy Vinyl Ester
By Application
FRP Products, Anti-corrosion Coating, Other
By Companies
Ashland, Swancor, Sino Polymer, Reichhold, DSM, AOC Resins, Fuchem, Changzhou Tianma Group, Showa Denko, Interplastic Corporation, Ashland
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Polyester/Vinyl Ester Resins Market Report Segments:
The global Polyester/Vinyl Ester Resins market is segmented on the basis of:
Types
Flame Retardant Epoxy Vinyl Ester, Phenolic Epoxy Vinyl Ester, High Crosslinking Density Epoxy Vinyl Ester, Flexible Epoxy Vinyl Ester, PU Modified Epoxy Vinyl Ester
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
FRP Products, Anti-corrosion Coating, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ashland
- Swancor
- Sino Polymer
- Reichhold
- DSM
- AOC Resins
- Fuchem
- Changzhou Tianma Group
- Showa Denko
- Interplastic Corporation
- Ashland
Highlights of The Polyester/Vinyl Ester Resins Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flame Retardant Epoxy Vinyl Ester
- Phenolic Epoxy Vinyl Ester
- High Crosslinking Density Epoxy Vinyl Ester
- Flexible Epoxy Vinyl Ester
- PU Modified Epoxy Vinyl Ester
- By Application:
- FRP Products
- Anti-corrosion Coating
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polyester/Vinyl Ester Resins Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polyester/vinyl ester resins are a type of resin that is made from two different types of molecules: polyesters and vinyls. Polyester/vinyl esters are often used to make plastic materials, such as water bottles and food containers, because they have a high degree of flexibility and resistance to heat.
Some of the major players in the polyester/vinyl ester resins market are Ashland, Swancor, Sino Polymer, Reichhold, DSM, AOC Resins, Fuchem, Changzhou Tianma Group, Showa Denko, Interplastic Corporation, Ashland.
The polyester/vinyl ester resins market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyester/Vinyl Ester Resins Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polyester/Vinyl Ester Resins Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyester/Vinyl Ester Resins Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polyester/Vinyl Ester Resins Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polyester/Vinyl Ester Resins Market Size & Forecast, 2018-2028
4.5.1 Polyester/Vinyl Ester Resins Market Size and Y-o-Y Growth
4.5.2 Polyester/Vinyl Ester Resins Market Absolute $ Opportunity
Chapter 5 Global Polyester/Vinyl Ester Resins Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Polyester/Vinyl Ester Resins Market Size Forecast by Type
5.2.1 Flame Retardant Epoxy Vinyl Ester
5.2.2 Phenolic Epoxy Vinyl Ester
5.2.3 High Crosslinking Density Epoxy Vinyl Ester
5.2.4 Flexible Epoxy Vinyl Ester
5.2.5 PU Modified Epoxy Vinyl Ester
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polyester/Vinyl Ester Resins Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Polyester/Vinyl Ester Resins Market Size Forecast by Applications
6.2.1 FRP Products
6.2.2 Anti-corrosion Coating
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyester/Vinyl Ester Resins Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polyester/Vinyl Ester Resins Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Polyester/Vinyl Ester Resins Analysis and Forecast
9.1 Introduction
9.2 North America Polyester/Vinyl Ester Resins Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Polyester/Vinyl Ester Resins Market Size Forecast by Type
9.6.1 Flame Retardant Epoxy Vinyl Ester
9.6.2 Phenolic Epoxy Vinyl Ester
9.6.3 High Crosslinking Density Epoxy Vinyl Ester
9.6.4 Flexible Epoxy Vinyl Ester
9.6.5 PU Modified Epoxy Vinyl Ester
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Polyester/Vinyl Ester Resins Market Size Forecast by Applications
9.10.1 FRP Products
9.10.2 Anti-corrosion Coating
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Polyester/Vinyl Ester Resins Analysis and Forecast
10.1 Introduction
10.2 Europe Polyester/Vinyl Ester Resins Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Polyester/Vinyl Ester Resins Market Size Forecast by Type
10.6.1 Flame Retardant Epoxy Vinyl Ester
10.6.2 Phenolic Epoxy Vinyl Ester
10.6.3 High Crosslinking Density Epoxy Vinyl Ester
10.6.4 Flexible Epoxy Vinyl Ester
10.6.5 PU Modified Epoxy Vinyl Ester
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Polyester/Vinyl Ester Resins Market Size Forecast by Applications
10.10.1 FRP Products
10.10.2 Anti-corrosion Coating
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Polyester/Vinyl Ester Resins Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polyester/Vinyl Ester Resins Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Polyester/Vinyl Ester Resins Market Size Forecast by Type
11.6.1 Flame Retardant Epoxy Vinyl Ester
11.6.2 Phenolic Epoxy Vinyl Ester
11.6.3 High Crosslinking Density Epoxy Vinyl Ester
11.6.4 Flexible Epoxy Vinyl Ester
11.6.5 PU Modified Epoxy Vinyl Ester
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Polyester/Vinyl Ester Resins Market Size Forecast by Applications
11.10.1 FRP Products
11.10.2 Anti-corrosion Coating
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Polyester/Vinyl Ester Resins Analysis and Forecast
12.1 Introduction
12.2 Latin America Polyester/Vinyl Ester Resins Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Polyester/Vinyl Ester Resins Market Size Forecast by Type
12.6.1 Flame Retardant Epoxy Vinyl Ester
12.6.2 Phenolic Epoxy Vinyl Ester
12.6.3 High Crosslinking Density Epoxy Vinyl Ester
12.6.4 Flexible Epoxy Vinyl Ester
12.6.5 PU Modified Epoxy Vinyl Ester
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Polyester/Vinyl Ester Resins Market Size Forecast by Applications
12.10.1 FRP Products
12.10.2 Anti-corrosion Coating
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Polyester/Vinyl Ester Resins Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polyester/Vinyl Ester Resins Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Polyester/Vinyl Ester Resins Market Size Forecast by Type
13.6.1 Flame Retardant Epoxy Vinyl Ester
13.6.2 Phenolic Epoxy Vinyl Ester
13.6.3 High Crosslinking Density Epoxy Vinyl Ester
13.6.4 Flexible Epoxy Vinyl Ester
13.6.5 PU Modified Epoxy Vinyl Ester
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Polyester/Vinyl Ester Resins Market Size Forecast by Applications
13.10.1 FRP Products
13.10.2 Anti-corrosion Coating
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polyester/Vinyl Ester Resins Market: Competitive Dashboard
14.2 Global Polyester/Vinyl Ester Resins Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ashland
14.3.2 Swancor
14.3.3 Sino Polymer
14.3.4 Reichhold
14.3.5 DSM
14.3.6 AOC Resins
14.3.7 Fuchem
14.3.8 Changzhou Tianma Group
14.3.9 Showa Denko
14.3.10 Interplastic Corporation
14.3.11 Ashland
