비닐에스테르 시장 규모, 점유율, 성장 분석 : 유형별, 용도별, 지역별 - 산업 예측(2025-2032년)

Vinyl ester Market size was valued at USD 1.1 billion in 2023 and is poised to grow from USD 1.16 billion in 2024 to USD 1.75 billion by 2032, growing at a CAGR of 5.3% during the forecast period (2025-2032).

The demand for vinyl ester resin is evolving in response to a global emphasis on corrosion resistance and sustainable building practices. This versatile material is increasingly utilized across construction, chemical applications, and transportation sectors due to its superior longevity and chemical resilience. Notably, vinyl esters are becoming integral to the renewable energy sector, particularly in wind energy systems, where hybrid composites and pultruded rods enhance the performance of wind turbine components. Despite their benefits, there remains untapped potential in these hybrid materials. Manufacturers are focusing on innovation, developing vinyl esters with enhanced flame resistance and improved processability to meet safety and performance demands, while also prioritizing green formulations and bio-based materials to minimize environmental impact.

Top-down and bottom-up approaches were used to estimate and validate the size of the Vinyl Ester market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Vinyl Ester Market Segments Analysis

Global Vinyl ester Market is segmented by Type, Application and region. Based on Type, the market is segmented into Novolac, Bisphenol A, Brominated, Elastomer Modified and Others. Based on Application, the market is segmented into Wind Power, Marine (tie coat, hull & deck), Storage Tank, Pressure Pipes & Process Vessels, Chimney liners, electrostatic precipitators & scrubbers, Building & Infrastructure, Mining Equipment and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Vinyl Ester Market

The growth of the global vinyl ester market is significantly driven by the demand for corrosion-resistant materials in challenging environments, particularly within the chemical processing and marine construction sectors. Vinyl ester resins are remarkable for their ability to withstand harsh conditions, including exposure to chemical interactions and moisture. Their durability and longevity make them ideal for a wide range of applications in these industries. As companies continue to seek materials that can offer robust performance in extreme settings, the popularity and utilization of vinyl ester resins are poised to expand, further propelling market growth.

Restraints in the Vinyl Ester Market

The global vinyl ester market faces significant constraints due to the availability of alternative materials such as epoxy resins and polyester, which offer comparable properties at more affordable prices. These substitutes have been effective in numerous applications, limiting the adoption of vinyl ester resins across certain industries. As these alternatives continue to demonstrate their performance and cost-effectiveness, they pose a challenge to the vinyl ester market, hindering its growth potential and restricting its widespread application in various sectors. Consequently, the competitive pricing and functionality of these alternatives serve as notable barriers to the expansion of the vinyl ester market.

Market Trends of the Vinyl Ester Market

The global vinyl ester market is witnessing a significant shift towards sustainability, driven by an escalating demand for eco-friendly materials in manufacturing processes. As industries increasingly prioritize reducing their environmental footprint, there is a marked rise in the adoption of resin formulations derived from renewable resources. This trend not only aligns with consumer preferences but also compels manufacturers to innovate in green chemistry solutions and sustainable production practices. Consequently, the market is responding with advancements in vinyl ester formulations that meet these eco-conscious demands, reinforcing the commitment to sustainability while maintaining performance and durability across various applications.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Regulatory Landscape
• Case Studies

Global Vinyl ester Market Size by Type & CAGR (2025-2032)

• Market Overview
• Novolac
• Bisphenol A
• Brominated
• Elastomer Modified
• Others

Global Vinyl ester Market Size by Application & CAGR (2025-2032)

• Market Overview
• Wind Power
• Marine (tie coat, hull & deck)
• Storage Tank, Pressure Pipes & Process Vessels
• Chimney liners, electrostatic precipitators & scrubbers
• Building & Infrastructure
• Mining Equipment
• Others

Global Vinyl ester Market Size & CAGR (2025-2032)

• North America (Type, Application)
  • US
  • Canada
• Europe (Type, Application)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Type, Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Type, Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Type, Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• INEOS Composites (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Polynt S.p.A. (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• AOC (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Interplastic Corporation (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SWANCOR (Taiwan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sino Polymer Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Resonac Holdings Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Reichhold LLC (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BUFA Composites (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Allnex GmbH (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Scott Bader Company Ltd. (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hexion Inc. (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• DIC Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Poliya (Turkey)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nivitex Fibreglass & Resins (South Africa)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Showa Denko K.K. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Aliancys (Switzerland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Fuchem (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Jiangsu Fullmark Chemicals Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Changzhou Tianma Group (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations