Vinyl Ester Market Report 2025 (Global Edition)

Global Vinyl Ester Market Report 2025 Market Size Split by Type (Bisphenol A , Novolac , Brominated Fire Retardant , Elastomer Modified , Others ), by End Use (Pipes & Tanks , Marine , Wind Ene...

Vinyl Ester Market Report Description

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Competitive Landscape of the Vinyl Ester Market

Key players deploy strategic initiatives such as product innovations, partnerships, and mergers. Companies prioritize R&D to introduce cutting-edge products, ensuring a competitive edge. Robust distribution networks and adherence to quality standards amplify market presence, fostering an environment where agility and innovation define industry leaders.

Vinyl Ester Industry News 

In October 2021, The purchase of AOC's shares from CVC Capital Partners was finalized by Lone Star. AOC is a prominent worldwide producer of vinyl ester resins, unsaturated polyester resins, and other solutions for use in adhesives, colorants and visual effects, protective barriers, coatings, and traditional composite resins. 

(Source: https://aocformulations.com/en-asia/home/)

Top Companies Market Share in Vinyl Ester Industry: (In no particular order of Rank)

• AOC
• DIC CORPORATION
• INEOS
• Interplastic Corporation
• SHOWA DENKO K.K
• Sino Polymer Co. Ltd
• Polynt
• Scott Bader Company Ltd
• Poliya
• Swancor Advanced Materials Co Ltd.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of Vinyl Ester

Which Region Dominates the Vinyl Ester Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The demand for vinyl ester is rising significantly in North America, mostly due to expansion in the chemical processing, transportation, and construction industries. Growing investments in infrastructure, the demand for materials resistant to corrosion, and developments in composite technology are some of the factors driving this expansion. It is anticipated that this growth tendency will continue as more sectors come to understand the advantages of vinyl ester resins.

Which Region is Expanding at the Fastest CAGR?

The Europe region is witnessing an increase, in the sales of reagents. The growing uses of vinyl ester in the construction, marine, and automotive industries are driving the market's robust rise in Europe. The market is expanding due to factors like strict rules encouraging the use of materials resistant to corrosion and rising investments in infrastructure projects. Additionally, the use of vinyl ester resins in a variety of European industries is being pushed forward by growing environmental concerns and technical breakthroughs.

The current report Scope analyzes Vinyl Ester Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Vinyl Ester Market

According to Cognitive Market Research, the global Vinyl Ester market size was estimated at USD 1351.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 540.48  million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031. The vinyl ester market in North America is expanding significantly, propelled by a variety of sectors including chemical processing, transportation, and construction. Market expansion is fueled by the region's heavy investments in infrastructure and strict laws that encourage corrosion-resistant materials. The Pipes & Tanks category is particularly noteworthy since it utilizes vinyl ester resins, which are known for their remarkable durability and resistance to corrosion in demanding applications. The North American Vinyl Ester market is expected to grow and innovate further because to the growing demand for high-performance, lightweight solutions. It is expected to play a significant role in the region's industrial development and sustainability initiatives.

Country Analysis

• According to Cognitive Market Research, the US had a major share in the Vinyl Ester market with a market size of USD 426.44 million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. The demand is amplified by the nation's increasing adoption of composite materials in various applications. 
• The Canada Vinyl Ester market had a market share of USD 64.86 million in 2024 and is projected to grow at a CAGR of 5.8% during the forecast period. Canada's strong manufacturing base.
• The Mexico Vinyl Ester market is projected to witness growth at a CAGR of 5.5% during the forecast period with a market size of USD 49.18 million in 2024.

Europe Vinyl Ester Market

According to Cognitive Market Research, with a market value of USD 1351.2 million in 2024 and projected to expand at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 405.36 million. The market for vinyl ester is rising rapidly in Europe due to its growing use in a variety of industries, such as automotive, marine, and construction. The market is expanding because to strict rules that encourage corrosion-resistant materials and rising infrastructure project spending. The Marine segment is particularly noteworthy because vinyl ester resins meet the strict requirements of maritime applications by providing high durability and corrosion resistance. The European Vinyl Ester market is expected to increase steadily because to continued technical advancements and rising environmental concerns. This market is crucial for boosting industrial capacities and guaranteeing the region's long-term sustainability.

• The United Kingdom Vinyl Ester market had a market share of USD 68.10 million in 2024 and is projected to grow at a CAGR of 6.1% during the forecast period. In the UK, Vinyl Ester sales witness an upswing due to the nation's stringent environmental regulations promoting the use of corrosion-resistant materials. 
• The France Vinyl Ester market is projected to witness growth at a CAGR of 4.5% during the forecast period with a market size of USD 37.29 million in 2024.
• According to Cognitive Market Research, the Germany Vinyl Ester market size was valued at USD 80.26 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. In Germany, Vinyl Ester sales surge due to the nation's growing investments in industries such as construction, automotive, and chemical processing. 
• The Italy Vinyl Ester market is projected to witness growth at a CAGR of 4.7% during the forecast period with a market size of USD 34.86 million in 2024.
• The Russia Vinyl Ester market is projected to witness growth at a CAGR of 4.3% during the forecast period with a market size of USD 62.83 million in 2024.
• The Spain Vinyl Ester market is projected to witness growth at a CAGR of 4.4% during the forecast period with a market size of USD 33.24 million in 2024.
• The Luxembourg Vinyl Ester market is projected to witness growth at a CAGR of 5.4% during the forecast period with a market size of USD 12.57  million in 2024.
• The Portugal Vinyl Ester market is projected to witness growth at a CAGR of 5.1% during the forecast period with a market size of USD 8.51 million in 2024.
• The Greece Vinyl Ester market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 4.86 million in 2024.
• Rest of Europe Vinyl Ester market is projected to witness growth at a CAGR of 4.0% during the forecast period with a market size of USD 62.83 million in 2024.

Asia Pacific Vinyl Ester Market

According to Cognitive Market Research, the global Vinyl Ester market size was estimated at USD 1351.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 310.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031. The vinyl ester market in Asia Pacific is expanding significantly due to the region's fast industrialization and infrastructure development. Market expansion is being driven by rising investments in the transportation, chemical processing, and construction sectors. The construction industry is particularly noteworthy since vinyl ester resins are frequently utilized in infrastructure projects due to their long-lasting nature and resistance to corrosion. The Asia Pacific Vinyl Ester market is expected to rise due to the region's sustained economic growth and the increasing need for high-performance materials. This presents chances for innovation and development across a range of industrial sectors.

• According to Cognitive Market Research, the China Vinyl Ester market size was valued at USD 139.85 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. Vinyl Ester sales surge in China due to the nation's rapid urbanization.
• The Japan Vinyl Ester market is projected to witness growth at a CAGR of 7.3% during the forecast period with a market size of USD 42.89 million in 2024.
• The India Vinyl Ester market had a market share of USD 37.29 million in 2024 and is projected to grow at a CAGR of 10.6% during the forecast period. The demand is augmented by India's increasing infrastructure development.
• The South Korea Vinyl Ester market is projected to witness growth at a CAGR of 7.9% during the forecast period with a market size of USD 31.08 million in 2024.
• The Australia Vinyl Ester market is projected to witness growth at a CAGR of 8.5% during the forecast period with a market size of USD 16.16 million in 2024.
• The South East Asia Vinyl Ester market is projected to witness growth at a CAGR of 9.8% during the forecast period with a market size of USD 21.44 million in 2024.
• The Rest of Asia Pacific Vinyl Ester market is projected to witness growth at a CAGR of 8.6% during the forecast period with a market size of USD 22.07 million in 2024.

South America Vinyl Ester Market

According to Cognitive Market Research, the global Vinyl Ester market size was estimated at USD 1351.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 67.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031. The construction of infrastructure and an increase in industrial activity are driving the continuous growth of the vinyl ester market in Latin America. Market expansion is being driven by industries like chemical processing, construction, and automotive. The Chemical Processing division is particularly noteworthy since it uses vinyl ester resins to make equipment and storage solutions that are resistant to corrosion. The demand for durable materials is expanding, and there are chances for market players to expand their presence and meet the changing industrial needs of the Latin American Vinyl Ester market. This is due to the region's growing investments in manufacturing and infrastructure.

• According to Cognitive Market Research, the Brazil Vinyl Ester market size was valued at USD 28.92 million in 2024 and is projected to grow at a CAGR of 6.8% during the forecast period. Vinyl Ester sales flourish in Brazil due to the stringent regulations favoring corrosion-resistant materials.
• The Argentina Vinyl Ester market had a market share of USD 11.35 million in 2024 and is projected to grow at a CAGR of 7.1% during the forecast period. The demand is augmented by Argentina's commitment to increasing demand for lightweight and high-performance solutions across various industries.
• The Colombia Vinyl Ester market is projected to witness growth at a CAGR of 6.0% during the forecast period with a market size of USD 6.01 million in 2024.
• The Peru Vinyl Ester market is projected to witness growth at a CAGR of 6.4% during the forecast period with a market size of USD 5.54 million in 2024.
• The Chile Vinyl Ester market is projected to witness growth at a CAGR of 6.5% during the forecast period with a market size of USD 4.86 million in 2024.
• The Rest of Latin America Vinyl Ester market is projected to witness growth at a CAGR of 5.3% during the forecast period with a market size of USD 10.88 million in 2024.

Middle East and Africa Vinyl Ester Market

According to Cognitive Market Research, the global Vinyl Ester market size was estimated at USD 1351.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 27.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031. The construction and oil and gas industries, in particular, are driving the steady growth of the Middle East and Africa vinyl ester market. Because vinyl ester resins are so durable and corrosion resistant, they are widely used in these industries. The Oil & Gas industry is particularly noteworthy since it uses vinyl ester-based solutions for offshore constructions, tanks, and pipelines. The Middle East and Africa Vinyl Ester market is expected to increase due to continuous investments in energy and infrastructure projects. This presents a chance for industry participants to meet the region's increasing need for high-performance materials.

• According to Cognitive Market Research, the GCC Countries Vinyl Ester market size was valued at USD 11.57 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. Vinyl Ester sales flourish in the GCC Countries due to the robust infrastructure investments.
• The Egypt Vinyl Ester market is projected to witness growth at a CAGR of 6.8% during the forecast period with a market size of USD 2.84 million in 2024.
• The South Africa Vinyl Ester market is projected to witness growth at a CAGR of 7.5% during the forecast period with a market size of USD 4.27 million in 2024. Vinyl Ester sales flourish in the South Africa due to the particularly in construction and transportation sectors.
• The Turkey Vinyl Ester market is projected to witness growth at a CAGR of 6.0% during the forecast period with a market size of USD 2.32 million in 2024.
• The Nigeria Vinyl Ester market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 2.84 million in 2024.
• The Rest of MEA Vinyl Ester market is projected to witness growth at a CAGR of 5.5% during the forecast period with a market size of USD 3.19 million in 2024.a

Vinyl Ester Market Analysis

Vinyl Ester Type Segment Analysis

According to Cognitive Market Research, Bisphenol A held the major market share over the forecast period. The increased demand for Bisphenol A (BPA), a crucial raw material utilized in the production of vinyl ester, has an impact on the expanding vinyl ester market. Because of its many uses, including improving corrosion resistance and durability, BPA is essential to a number of industries, including the building, automotive, and marine sectors. The need for vinyl ester resins and BPA is predicted to increase as these industries grow.

Novolac is the fastest-growing category over the forecast period. The vinyl ester market is expanding as a result of the use of Novolac, a phenolic resin variety. Novolac improves vinyl ester resin performance by offering increased heat and chemical resistance, which qualifies them for demanding applications in the chemical processing, automotive, and aerospace industries. The uptake of vinyl ester composites based on Novolac is being driven by the growing need for high-performance materials.

• Bisphenol A 
• Novolac 
• Brominated Fire Retardant 
• Elastomer Modified 
• Others 

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Vinyl Ester Industry. Request a Free Sample PDF!

Vinyl Ester End Use Segment Analysis

According to Cognitive Market Research, Pipes & Tanks hold a prominent market share. One major factor propelling the vinyl ester market's expansion is the Pipes & Tanks segment. Because vinyl ester resins are so durable and corrosion resistant, they are becoming more and more popular for use in pipeline and storage tank construction. Vinyl ester-based solutions are critical to the long-term integrity and dependability of infrastructure in industries like oil and gas, chemical processing, and water treatment.

Marine is the fastest-growing category over the forecast period. One of the main drivers of the expanding vinyl ester market is the marine industry. Because vinyl ester resins are so strong and resistant to corrosion in seawater, they are widely used in maritime applications. Vinyl esters provide lightweight, long-lasting solutions for a variety of applications, including boat hulls and marine infrastructure, satisfying the need for high-performance materials in the maritime industry's pursuit of sustainability and efficiency.

• Pipes & Tanks 
• Marine 
• Wind Energy 
• Water Pipes 
• FGD & Precipitators 
• Building & Construction 
• Land Transportation 
• Aerospace & Defense 
• Others

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals 
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion