Research Nester assesses the growth of global vinyl ester market over the forecast period, i.e., 2023-2033 and evaluates its future prospects. The rising application of vinyl ester in various end-use industries and growing import-export of chemicals to drive market growth.
Research Nester’s recent market research analysis on “VINYL ESTER Market: Global Demand Analysis Opportunity Outlook 2033” delivers a detailed competitor’s analysis and a detailed overview of the global vinyl ester market in terms of market segmentation by type, application, end-user, and by region.
Growing Marine Industry to Drive Growth of Global Vinyl Ester Market
The global vinyl ester market is estimated to grow majorly owing to the exceptional properties of vinyl ester including great adhesion, high chemical resistance, and superior anti-corrosion properties making it the perfect choice for manufacturing marine equipment. Moreover, the rising marine industry across the globe is anticipated to boost market growth. According to data from the International Trade Administration, maritime exports to the United States were valued at USD 586 million in 2018 while imports were valued at USD 1,176 million.
The market research report on global vinyl ester encompasses an in-depth analysis of the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market is poised to gain significant momentum in the next few years.
By end-user, the global vinyl ester market is segmented into mining equipment, building infrastructure, paints coatings, transportation, and paper. Out of these, the building infrastructure segment is estimated to gain the largest market share by the end of 2033. The rising usage of vinyl ester on plywood and other furniture, along with the increase in housing units and the renovation of older homes around the world, can be credited with the segment's growth. For instance, in the USA, 1,595,101 more housing units, or 15.5% more, are expected to be started in 2021 than in 2020. (1,379,601).
By region, the Asia Pacific vinyl ester market is to generate the highest revenue by the end of 2033. This growth is anticipated by the higher consumption and demand of gas and oil across the region. China's apparent gas consumption in 2022 was estimated to be between 375.1 and 380.1 billion cubic meters, up 1% to 3% annually.
The research is global in nature and covers detailed analysis on the vinyl ester market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising of global vinyl ester market size, Y-O-Y growth opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
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This report also provides the existing competitive scenario of some of the key players of the global vinyl ester market which includes company profiling of INEOS Limited, Interplastic Corporation, Nivitex Fibreglass and Resin, Poliya Composite Resins and Polymers Inc., Polynt S.p.A., Scott Bader Company Limited, Showa Denko K. K., Sino Polymer Co. Ltd., Swancor Holding Co Ltd., AkzoNobel, The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global vinyl ester market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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