World Vinyl Ester Resin Market to Reach USD 951 Mln by 2022, States Lucintel in Its Topical Report Available at MarketPublishers.com
30 Oct 2017 • by Natalie Aster
LONDON – The market for vinyl ester resins (VER) appears to have bright future with a slew of opportunities opening up in the construction, pipe and tank, transportation, and paint and coatings industry sectors. Worldwide, the VER sector is anticipated to amount to USD 951 million by 2022 and is forecast to register a 3.9% CAGR in the foreseeable future. The key factors stimulating the growth of the market comprise a hike in the demand for corrosion-resisting materials, heavy investments in the infrastructure domain and the regeneration of time-worn infrastructural projects.
Emerging trends impacting the industry dynamics encompass the development of styrene-free VER and emergence of bio-based VER.
Amid end-use sectors, fiber reinforced plastic (FRP) is likely to continue to grab the lion’s market share. It is also set to see the fastest growth in the offing, driven by the surging demand for lightweight and corrosion-resisting pipe and tank products in old and novel infrastructure rehabilitation projects.
APAC is projected to keep on dominating the VER market by volume and value, and is also set to observe the most rapid growth in the years to come due to the increasing demand for corrosion-resisting pipe and tanks and the growing investment in the building and construction and also the industrial sector.
Aliancys, Polynt, Swancor, Ashland and AOC, amongst others, are the dominant suppliers in the market.
Topical research publication “Growth Opportunities in the Vinyl Ester Resin Market” elaborated by Lucintel presents an all-encompassing analysis of the marketplace on a global scale.
The report provides market size estimates by value and volume shipment, market trends and forecast figures through to 2022 based on segment and region. It provides an all-round assessment of the global VER market size by various applications and end-use industries in terms of value and volume shipments. A granular regional breakdown of the market is also provided. The research publication offers a comprehensive analysis of growth opportunities in various applications of VER and different regional markets. The report encompasses an overview of recent M&A activities, NPD and competitive scenario in the global VER market. Porter's five forces analysis is also included. The report comprises detailed profiles of the dominant players, covering their strategic incentives to achieve business growth.
More topical market research reports elaborated by Lucintel are available at the publisher’s page at MarketPublishers.com.