DELRAY BEACH, Fla. , Sept. 20, 2024 /PRNewswire/ -- The report "Vinyl Ester Market by Product Type (Bisphenol A, Novolac, Brominated Fire Retardant, Elastomer Modified), End-Use (Pipes & Tanks, Marine, Wind Energy, FGD & Precipitators, Building & Construction, Aerospace & Defense), and Region - Global Forecast to 2029", is projected to grow from USD 1.04 billion in 2024 to USD 1.29 billion by 2029, at a CAGR of 4.4% during the forecast period. High demand from the pipes & tanks and marine industry is expected to drive the vinyl ester market.

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296 – Tables

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The pipes & tanks segment is projected to dominate the market during the forecast period, largely driven by stricter environmental regulations and a focus on improving efficiency within the composites industry. As the demand for composites, including polymers and plastics, continues to rise, it is expected to significantly boost the growth of the global vinyl ester market, further strengthening the expansion of the pipes & tanks segment.

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The Asia Pacific region is anticipated to dominate the market throughout the forecast period, fueled by strong economic growth and significant investments in the marine and infrastructure sectors. Emerging economies such as China and India have been instrumental in positioning Asia Pacific as a key market for vinyl ester. Moreover, rising purchasing power and government support are expected to further drive the growth of vinyl ester market in region.

Key Players

Some of the leading players in this market include INEOS Composites (US), Polynt S.p.A. (Italy), AOC (US), Inetrplastic Corporation (US), SWANOR (Taiwan), and Reichhold LLC (US), among others.

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