Vinyl Ester Market Projected to Reach USD 2.25 Billion by
From GlobeNewswire: 2025-04-25 09:45:00
The global vinyl ester market is projected to reach USD 2.25 billion by 2032, with a CAGR of 5.93% from 2024 to 2032. Vinyl esters are favored for their chemical resistance properties, driving demand in infrastructure projects worldwide. The United States led the market in 2023, with a CAGR of 5.34%. Key players in the market include AOC, Ashland Global Holdings, and Hexion Inc.
Bisphenol A Diglycidyl Ether (DGEBA) holds the largest market share in vinyl ester resins, making up 50.3% in 2023. Vinyl ester resins are commonly used in pipes & tanks, accounting for 42.8% of the market share in 2023. North America dominated the market in 2023, with a 38.6% share, driven by demand in chemical processing, water treatment, and marine industries.
Recent developments in the market include Polynt-Reichhold Group’s expansion of vinyl ester production in North America and Ashland Global Holdings Inc.’s release of fire-retardant vinyl ester resins. The market report covers key segments, drivers, and regional analysis, offering insights into the growing demand for vinyl ester in various industries. For more information, visit SNS Insider for a detailed report.
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