(MENAFN- Nxtgen Reports) In this report, in the past few years, the global Vinyl Ester Resins industry grew steadily. Global Vinyl Ester Resins production increased from 177618 MT in 2012 to 229418 MT in 2016. In 2016, the global Vinyl Ester Resins market was valued at 586.41 million USD.
Vinyl Ester Resins, also known as VER, is a resin produced by the esterification of an epoxy resin with an unsaturated monocarboxylic acid. The reaction product is then dissolved in a reactive solvent, such as styrene, to a 35–45 percent content by weight.
The upstream of Vinyl Ester Resins industry is Bisphenol A, epoxy resin, methacrylic acid, maleic anhydride, styrene and so on. Since raw material are most commodities, and most manufacturers can achieve part of the internal supply of raw materials, although raw material ratio in the manufacturing cost is relatively high, in general, bargaining power of raw material enterprises is weak.
Vinyl Ester Resins industry downstream industry is wide, the mainly fields are fiber reinforce plastic (FRP), button and coating. FRP Products is the largest application of Vinyl Ester Resins with market share of around 56.4% in 2016.
At present, the global market is dominated by China and North America. China is the world's largest production area. In 2016, China held about 51% of the global share of production. At present, China is the world's major exporting countries. North America, Europe and China are major consumption regions of Vinyl Ester Resins, with market share of 24.21%, 15.53% and 48.07% in 2016 separately.
Ashland, Swancor, Sino Polymer, Reichhold and DSM are the main players in this industry. Ashland is a global leader. Ashland has the most comprehensive product type. In 2016, Ashland held about 30.6% of the global market share.
Geographically, this report split global into several key Regions, with sales (K Units), revenue (M USD), market share and growth rate of Vinyl Ester Resins for these regions, from 2014 to 2026 (forecast), covering
Global Vinyl Ester Resins market competition by top manufacturers/players, with Vinyl Ester Resins sales volume, Price (USD/Unit), revenue (M USD) and market share for each manufacturer/player; the top players including
Changzhou Tianma Group
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Flame Retardant Epoxy Vinyl Ester
Phenolic Epoxy Vinyl Ester
High Crosslinking Density Epoxy Vinyl Ester
Flexible Epoxy Vinyl Ester
PU Modified Epoxy Vinyl Ester
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Vinyl Ester Resins for each application, including
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