Market Overview

Global Vinyl Ester Market 2018-2022| Key Factors Driving Growth| Technavio

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The global vinyl ester market is expected to post a CAGR of nearly 6%
during the period 2018-2022, according to the latest market research
report by Technavio.

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Technavio has published a new market research report on the global vinyl ester market from 2018-2022 ...

Technavio has published a new market research report on the global vinyl ester market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the increased demand
from corrosion-resistant pipes and storage tanks. The corrosion of steel
and other metal-based pipes and storage tanks is one of the challenges
faced by certain industries including the chemical, oil and gas, and
waste-water treatment industries. Corrosion resistance is one of the key
selling points of vinyl ester resins over conventional materials that
are used for manufacturing of pipes and storage tanks. Vinyl ester
resins offer superior chemical resistance, low permeability, abrasion
resistance, and flexibility, because of which they are used as matrix
materials to fabricate FRP for manufacturing storage tanks and pipes.

This market research report on the global
vinyl ester market 2018-2022
also provides an analysis of the
most important trends expected to impact the market outlook during the
forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the implementation of stringent
environmental regulations to drive the demand for FGD systems as one of
the key emerging trends in the global vinyl ester market:

Global vinyl ester market: Implementation of
stringent environmental regulations to drive the demand for FGD systems

FGD is the most developed of the commercial methods to control sulfur
dioxide, sulfur trioxide, and other greenhouse emissions from coal-fired
power plants. FGD systems installed in power plants help reduce the
content of flue gases from the environment. The market Wet FGD and Dry
FGD are the key technologies implemented in the market. The
implementation of stringent environmental regulations and an increase in
global energy demand are propelling the demand for FGD systems. Certain
environmental regulations have been imposed to reduce the sulfur dioxide
emissions from power plants.

"Epoxy vinyl ester resins are used for wet FGD systems in absorber
vessels, slurry piping, and ductwork. The most prominent applications of
epoxy vinyl esters-based FGD system are limestone slurry piping followed
by stack liners. Epoxy vinyl ester resins exhibit improved mechanical
properties such as better thermal shock and impact resistance.
Additionally, epoxy vinyl ester resin-based FRP is used to enhance the
resistance of gas scrubbing systems to attacks from aggressive flue
gases that contain sulfuric acid, phosphorus pentoxide, and other
harmful gases,"
says a senior analyst at Technavio for research on
plastics, polymers, and elastomers.

Global vinyl ester market: Segmentation analysis

This market research report segments the global vinyl ester market by
application (pipes and tanks, marine, FGD, and wind energy) and
geographical regions (APAC, EMEA, and the Americas).

The pipes and tanks segment held the largest market share in 2017,
accounting for nearly 52% of the market. This application segment is
expected to dominate the global market throughout the forecast period.

The Americas led the market in 2017 with a market share of nearly 45% of
the market share. The market share occupied by this region is
anticipated to decrease during 2018-2022.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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