+1-888-308-5802     
News Contact Us

Vinyl Ester Market to exhibit phenomenal gains over 2019-2025

Author : Ronak Bora | Published Date : 2019-04-12 

vinyl ester market in Asia Pacific had the massive market share with estimated gains close to 7% CAGR by 2025. Emergence of South Korea and China as leading forces in shipbuilding sector will be a significant factor encouraging demand for vinyl ester in marine applications by 2025. North America is projected to have gains up to CAGR 6% during the forecast years. Growth aspects from regional oil & gas industry, construction sector and recreational boating culture will have strong potential for vinyl ester market by 2025.

Request for a sample copy of this research report @ www.gminsights.com/request-sample/detail/2992

Vinyl Ester Market will surpass USD 1.7 billion by 2025; according to a new research report. Vinyl esters provide resistance to various acids, alkalis, organic compounds, bleaches, etc. and have become a choice of material in various industry applications in the recent years. Processing wood to paper involves highly corrosive chemicals and requires specially designed processing equipment to withstand harsh chemical environments. Pulp & paper industry is expected to have a strong demand for vinyl ester based fiber-reinforced plastic equipment in coming years. Vinyl ester resist corrosive chemicals and will serve as a superior alternative to conventional metals and coatings for the process fluid surroundings in pulp & paper sector by 2025.

With fiberglass fortification, vinyl esters have been fabricated into lightweight and corrosion-resistant piping, tanks, ductwork, hoods, scrubbers, etc. In addition to these characteristics, vinyl esters solutions cost less than stainless steel as well as exotic alloys in pipes & tanks applications. Unlike metals, the product is unaffected by crevice corrosion or chloride stress and are resistant to pH extremes at both ambient and elevated temperatures. Vinyl ester market will observe substantial growth in pipes & tanks applications for instance, fabrication of fiber-reinforced plastic storage tanks, ducts, vessels, on-site maintenance projects, etc. during forecast years.

The overall industry was led by bisphenol A vinyl esters in 2017 and will continue the similar trend. With crosslinking density higher than bisphenol A variant, Novolac type vinyl esters show better resistance towards liquid environment. Novolac segment will observe growth with CAGR more than 6% in the next seven years.

In 2017, pipes & tanks accounted for highest share more than 40% in vinyl ester market. The product will mark a steady demand for its use in electro-refining tanks, in the topcoats for the metal containers, in chemical reactors and storage vessels. The escalating demand for corrosion resistant pipes & tanks will bolster market during the forecast years.

Make an inquiry for buying this report @ www.gminsights.com/inquiry-before-buying/2992

The escalations in wind energy sector will support the vinyl ester market growth in coming years. As per a 2017 publication by WindEurope, Europe marked a surge of 25% in wind power capacity annual installations in contrast to the same in year 2016. Wind energy was observed to be the second largest form of power generation in Europe, surpassing coal, in 2016.

Key industry players in vinyl ester market consist of: Swancor Holding, Showa Denko, Sino Polymer Co., Ltd., Ashland, Interplastic Corporation, ALIANCYS AG, etc. Upsurge in raw material costs are likely to result in product price hikes, thereby depicting a highly competitive scenario in the future years.

Browse Full Report @ www.gminsights.com/industry-analysis/vinyl-ester-market

 

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: [email protected]

Web: https://www.gminsights.com

Blog: http://headlinenewsnation.com

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

Related News

Virtual Router Market Outlook | Drivers, Restraint & Future Growth Analysis till 2024

Published Date: 2019-04-25         Author: Ronak Bora

The latest Virtual Router Market Research Report 2024 contains complete Industry outlook, market manufacturers and key statistics analysis. The industry sales & Share, trends are all discussed, explained and analyzed. It provides marketing strategy analysis, distributors/traders list, raw materi... Read More

Crypto ATM Market in North America Region is Projected to Witness High Growth Opportunities Over 2018 to 2024

Published Date: 2019-04-25         Author: Ronak Bora

The study on the global crypto ATM market evaluated the historical and current performance of this market, especially highlighting the key trends and growth opportunities. According to the study, the rising demand for this product is driving the global market significantly. The expansion in the vari... Read More

Circuit Protection Market in ESD Protection Devices is Expected to Grow Substantially by 2024

Published Date: 2019-04-25         Author: Ronak Bora

Global Market Insights, Inc., provides a comprehensive analysis of the circuit protection market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides industry l... Read More

© 2019 Fractovia. All Rights Reserved