Vinyl Ester Market Demand, Recent Trends and Developments Analysis 2025
Date: 2020-03-20   Author: Rahul Sankrityayan  Category: #news

 Vinyl Ester Market Demand, Recent Trends and Developments Analysis 2025

The Vinyl Ester Market report add detailed competitive landscape of the global market. It includes company, market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the global industry based on product segment, technology, end user segment and region.

Vinyl ester market has lately been emerging as one of the most lucrative business spheres in the bulk and specialty chemicals industry owing to the increasing popularity of light weight and high strength polymeric materials over metals. Vinyl ester possesses lot more benefits such as non-corrosivity, chemically inertness, and design stability that has been prompting energy companies, non-metal product manufacturers, and shipbuilding firms to use it in various non-metal formulations.

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  Growth drivers are

  1. Extensive use of vinyl ester resins in the pipes & tanks
  2. Growth in the U.S. Marine Industry
  3. Increasing installation of wind turbines in Europe

The main reason behind the increasing deployment of vinyl ester resin over epoxy resin while manufacturing wind turbine blades is its low infusion viscosity and excellent curing capability. In long wind turbine blades, the use of epoxy resins may lead to a rise in curing time which ultimately decreases the wind blade manufacturing rate. In fact, in order to maximize the productivity of wind turbine blade manufacturing plants, vinyl ester resin is most extensively used, thereby augmenting vinyl ester market size over the years ahead.

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Taking into account the future business opportunities in the vinyl ester industry, several chemical manufacturers have been teaming up to launch qualitative vinyl esters. For instance, in August 2018, Aliancys and AOC collaborated to establish a new company involved in the production of vinyl ester resin, polyester resin, gel coats, and other materials required to develop the composite materials. The duo is planning to enhance their customer base by offering excellent prospects and quality products to the end-use companies. This kind of collaborative approach will help companies leverage their regional reach and strengthen their technology expertise effectively.

The strategy adopted by industry contenders to accelerate product innovation and their service portfolio will propel vinyl ester industry trends in the years to come. The extensive use of vinyl ester resin not only in the wind blade manufacturing process but also in the various industrial equipment development is poised to enhance the product demand significantly. For the record, by the end of 2025, vinyl ester market will surpass a revenue collection of USD 1.7 billion.

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About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for algosonline, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in t...

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