Global Vinyl Ester Market to Reach USD 1.43 Billion by 2033, Augmented by Rising Demand for Flue Gas Desulfurization (FGD) Installations

December 31, 2024 | Chemical & Materials

The latest report by IMARC Group, titled “Vinyl Ester Market Report by Type (Bisphenol A Diglycidyl Ether (DGEBA), Epoxy Phenol Novolac (EPN), Brominated Fire Retardant, and Others), Distribution Channel (Offline, Online), Application (Pipes and Tanks, Paints and Coatings, Transportation, Pulp and Paper, and Others), and Region 2025-2033,” finds that the global vinyl ester market size reached USD 1.12 Billion in 2024. Vinyl ester is a resin-based coating system used to protect concrete and metal structures, which are continuously or occasionally exposed to heavy-duty chemical, thermal or mechanical attacks. It is also utilized as an alternative to acid bricks and linings for secondary containment areas that hold very hot and corrosive acids. As it is multi-layered and highly durable, vinyl ester finds extensive applications in pipe and tank, construction, pulp and paper, transportation, and paint and coatings industries worldwide.

Global Vinyl Ester Market Trends:

Due to the growing environmental concerns and stringent laws on hazardous emissions, there is a rise in the demand for flue gas desulfurization (FGD) installations across the globe. This, along with the escalating demand for corrosion-resistant materials, represents one of the key factors driving the market. Moreover, the increasing demand for vinyl ester in chemical, water, and wastewater treatment is positively influencing the market. In addition, there is a rise in the number of wind turbine installations around the world. This, coupled with the rising application of vinyl ester in mass transit buses and railways to provide durability, strength, and chemical resistance, is propelling the growth of the market. Besides this, due to its high resistance to salty ocean water, vinyl ester is used as a coating material in hulls, decks, and marine vessels. In line with this, the expanding marine industry is offering lucrative growth opportunities to industry investors. Apart from this, the rising usage of vinyl ester in pipes and tanks to provide resistance against corrosion is bolstering the growth of the market. Looking forward, IMARC Group expects the market to reach USD 1.43 Billion by 2033, exhibiting a CAGR of 2.68% during the forecast period (2025-2033).

Market Summary:

  • Based on the type, the market has been classified into Bisphenol A Diglycidyl Ether (DGEBA), Epoxy Phenol Novolac (EPN), Brominated Fire Retardant, and others. At present, DGBA holds the largest market share. 
  • On the basis of the distribution channel, the market has been bifurcated into offline and online segments.
  • Based on the application, the market has been segmented into pipes and tanks, paints and coatings, transportation, pulp and paper, and others. Presently, pipes and tanks account for the largest market share.
  • Region-wise, the market has been divided into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. Amongst these, North America enjoys the leading position in the market.
  • The competitive landscape of the market has been studied in the report, with some of the key players being Akzo Nobel N.V., Ashland Global Holdings Inc., INEOS Limited, Interplastic Corporation, Nivitex Fibreglass and Resins, Poliya Composite Resins and Polymers Inc., Polynt spa, Scott Bader Company Ltd., Showa Denko K. K., Sino Polymer Co. Ltd., and Swancor Holding Co Ltd.
     

Report Coverage:

Report Features Details
Base Year of the Analysis 2024
Historical Period 2019-2024
Forecast Period 2025-2033
Units Billion USD
Segment Coverage Type, Distribution Channel, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Akzo Nobel N.V., Ashland Global Holdings Inc., INEOS Limited, Interplastic Corporation, Nivitex Fibreglass and Resins, Poliya Composite Resins and Polymers Inc., Polynt spa, Scott Bader Company Ltd., Showa Denko K. K., Sino Polymer Co. Ltd. and Swancor Holding Co Ltd.
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1 631 791 1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Vinyl Ester Market to Reach USD 1.43 Billion by 2033, Augmented by Rising Demand for Flue Gas Desulfurization (FGD) Installations
Purchase Options New Year Sale
Benefits of Customization
  • Personalize this research
  • Triangulate with your data
  • Get data as per your format and definition
  • Gain a deeper dive into a specific application, geography, customer, or competitor
  • Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials