According to a new country report published by Lucintel, the future of the vinyl ester resin market in the United States looks attractive with opportunities in the pipe and tank, construction, transportation, and paint and coatings industries. The vinyl ester resin market in the United States is primarily driven by increasing demand for corrosion resistance materials growing infrastructural investments and rehabilitation of old infrastructural projects.
This report studies factors affecting the vinyl ester resin market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, Lucintel forecasts that bisphenol-A vinyl ester resin is expected to remain the largest segment due to its good mechanical properties and chemical resistance properties at a relatively lower cost. Within the vinyl ester resin market in the United States, vinyl ester resin market, fiber reinforced plastic (FRP) is expected to remain the largest end use industry. It is also expected to witness the highest growth during the forecast period, supported by the increasing demand for lightweight and corrosion resistance pipe and tank products in new as well as old infrastructural rehabilitation projects. Within the FRP, pipe and tank industry is expected to remain largest market for vinyl ester resin, while transportation is expected to witness highest growth in the forecast period.
Emerging trends, which have a direct impact on the dynamics of the vinyl ester resin industry, include the development of styrene-free vinyl ester resin and emergence of bio-based vinyl ester resin.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the vinyl ester resin market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Vinyl Ester Resin Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the vinyl ester resin market in the United States by Chemistry and end use industry as follows:
Vinyl Ester Resin Market by Chemistry [Volume (M lbs) and $M Shipment Analysis for 2014 – 2025]:
• Bisphenol-A vinyl ester resin
• Novolac vinyl ester resin
• Brominated vinyl ester resin
• Other chemistry
Vinyl Ester Resin Market by End Use Industry [Volume (M lbs) and $M Shipment Analysis for 2014 – 2025]:
• Fiber Reinforced Plastic (FRP)
• Pipe and tank
• Construction
• Transportation
• Other fiber reinforced plastic (FRP)
• Paint and Coatings
• Other Industry
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/vinyl-ester-resin.aspx or write to us at helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com