市場調查報告書
商品編碼
1520460
乙烯基酯市場報告(按類型(雙酚 A 二縮水甘油醚、環氧苯酚酚醛清漆、溴化阻燃劑等)、配銷通路、應用和地區 2024-2032 年)Vinyl Ester Market Report by Type (Bisphenol A Diglycidyl Ether, Epoxy Phenol Novolac, Brominated Fire Retardant, and Others), Distribution Channel, Application, and Region 2024-2032 |
2023年全球乙烯基酯IMARC Group規模達11億美元。該市場的推動因素包括海洋工業對乙烯基酯的需求、化學儲罐中乙烯基酯用量的增加,以及乙烯基酯在不斷成長的纖維增強塑膠行業中的關鍵作用,其卓越的強度、耐腐蝕性以及與各種增強材料的相容性支撐了乙烯基酯的發展。
乙烯基酯是環氧樹脂與丙烯酸或甲基丙烯酸酯化反應生成的一類樹脂。它以其高強度、抗衝擊性和防潮性而聞名,經常用於需要耐腐蝕材料或可能暴露在水或潮濕環境中的應用。此外,乙烯基酯表現出卓越的機械性能和抗疲勞性,使其成為生產儲罐、管道和船隻的首選。由於其與各種類型的增強材料的兼容性,它也廣泛應用於纖維增強塑膠(FRP)行業。
全球乙烯基酯市場主要受到海洋工業需求增加的推動,乙烯基酯因其優異的耐水性和耐腐蝕性而被廣泛使用。隨著海洋工業的持續成長,特別是在亞太地區,這刺激了對用於製造船舶和其他海洋結構的乙烯基酯的需求。除此之外,由於其耐化學性能,化學儲罐建設中產品的使用量不斷增加,為市場擴張創造了良好的前景。除此之外,乙烯基酯在製造纖維增強塑膠 (FRP) 中的廣泛使用有助於其市場擴張,因為 FRP 在汽車、建築和航空航太領域有著廣泛的應用。此外,新興經濟體對基礎設施發展的日益重視,以及在許多應用中以複合材料取代傳統材料,都有助於市場擴張。此外,旨在提高乙烯基酯性能和應用的研發(R&D)活動不斷增加,正在加強市場成長。
海洋工業需求不斷成長
船舶工業的持續成長是全球乙烯基酯市場的重要推動力。海上貿易的強勁成長和旅遊業的蓬勃發展正在引發乙烯基酯需求的激增。乙烯基酯以其卓越的防水性和耐腐蝕性而聞名,廣泛用於製造各種海洋結構物,包括船舶、遊艇、海軍艦艇、海上平台和海洋運輸設備。它能夠承受惡劣的海洋環境、海水的腐蝕作用以及波浪和惡劣天氣條件引起的磨損,使其成為傳統材料的理想替代品。此外,在可支配收入增加以及水上運動和休閒活動日益普及的推動下,休閒划船活動的興起進一步推動了需求。
提高化學品儲罐建設的利用率
乙烯基酯具有優異的耐化學性能,廣泛用於化學品儲罐的製造。隨著全球工業部門繼續其擴張軌跡,安全、強大和持久的儲存解決方案的必要性變得更加緊迫。此外,化學工業對安全儲存各種化學品(從強酸、強鹼到腐蝕性溶劑)有著廣泛而多樣的需求,因此需要能夠承受腐蝕作用的材料。乙烯基酯很好地滿足了這些要求,從而大大增強了其市場需求。此外,日益增強的環保意識和日益嚴格的監管要求使得儲罐結構中必須使用防漏材料,這進一步推動了乙烯基酯的普及。此外,由於類似的儲存需求,新興的製藥和農化產業也導致儲槽結構中對乙烯基酯的需求不斷成長。
在纖維增強塑膠 (FRP) 中的作用
乙烯基酯在纖維增強塑膠(FRP)製造中的使用不斷增加,極大地推動了全球市場的發展。 FRP 因其堅固的強度、輕盈和卓越的耐用性而在許多領域中得到廣泛應用。其中,汽車、建築和航空航太產業持續成長,推動了對玻璃鋼重要組成部分乙烯基酯的需求。在玻璃鋼的優越性能和成本效益的推動下,在各種應用中用玻璃鋼取代鋼和鋁等傳統材料的趨勢不斷上升,進一步推動了這一需求。此外,FRP 的耐腐蝕性、低維護要求和設計靈活性使其成為腐蝕性和惡劣環境中有吸引力的選擇,從而增加了對乙烯基酯的需求。此外,人們對減少碳排放和提高能源效率的日益關注凸顯了玻璃鋼等輕質材料的重要性,這可能推動乙烯基酯市場的成長。
The global vinyl ester market size reached US$ 1.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1.4 Billion by 2032, exhibiting a growth rate (CAGR) of 2.8% during 2024-2032. The market is driven by the demand for vinyl ester in the marine industry, increasing use in chemical storage tanks, and its critical role in the growing fiber-reinforced plastics sector, underpinned by its superior strength, corrosion resistance, and compatibility with various reinforcements.
Vinyl ester is a type of resin produced by the esterification of epoxy resins with acrylic or methacrylic acids. It is known for its high strength and impact and moisture resistance and is frequently used in applications demanding corrosion-resistant material or where it might be exposed to water or humidity. Furthermore, vinyl ester demonstrates exceptional mechanical properties and fatigue resistance, making it a preferred choice for producing tanks, pipes, and boats. It is also extensively used in the fiber-reinforced plastic (FRP) industry due to its compatibility with various types of reinforcements.
The global vinyl ester market is primarily driven by the heightened demand from the marine industry, where vinyl ester is widely utilized due to its excellent water and corrosion resistance. As the marine industry continues to grow, particularly in regions such as Asia-Pacific, it fuels the demand for vinyl ester for manufacturing boats and other marine structures. In addition to this, the increasing product employment in the construction of chemical storage tanks due to their chemical-resistant properties is creating a favorable outlook for market expansion. Besides this, the expanding use of vinyl ester in creating fiber-reinforced plastic (FRP) contributes to its market expansion as FRP finds broad applications in the automotive, construction, and aerospace sectors. Moreover, the increasing emphasis on infrastructure development in emerging economies, along with the replacement of traditional materials with composites in numerous applications, is aiding in market expansion. Furthermore, the rising research and development (R&D) activities aiming to improve vinyl ester's performance and applications are strengthening the market growth.
Rising demand from the marine industry
The marine industry's consistent growth has been a significant propellant for the global vinyl ester market. The robust growth in maritime trade and booming tourism industry is triggering a surge in vinyl ester demand. Renowned for its exceptional water and corrosion resistance, vinyl ester is extensively deployed to manufacture various marine structures, including boats, yachts, naval vessels, offshore platforms, and marine transportation equipment. Its ability to endure harsh marine environments of the corrosive effects of seawater and the wear and tear induced by waves and harsh weather conditions makes it an ideal substitute for traditional materials. Moreover, the rise of recreational boating activities, driven by increasing disposable income and the growing popularity of water sports and leisure activities, further propels the demand.
Increasing utilization in the construction of chemical storage tanks
Vinyl ester, with its excellent chemical-resistant attributes, is widely utilized in the fabrication of chemical storage tanks. As industrial sectors across the globe continue their expansion trajectory, the imperative for secure, robust, and long-lasting storage solutions becomes more pressing. Moreover, the chemical industry's extensive and diverse needs for safely storing various chemicals, ranging from potent acids and alkalis to aggressive solvents, require materials that can withstand corrosive effects. Vinyl ester adeptly satisfies these requirements, thus considerably bolstering its market demand. Furthermore, the growing environmental awareness and increasingly stringent regulatory compliances necessitate the use of leakage-proof materials in storage tank construction, further escalating vinyl ester's popularity. Additionally, the burgeoning pharmaceutical and agrochemical industries also contribute to the growing demand for vinyl ester in tank construction due to similar storage needs.
Role in fiber-reinforced plastics (FRP)
The escalating use of vinyl ester in fabricating fiber-reinforced plastics (FRP) significantly propels the global market. FRP is finding diverse applications across numerous sectors due to their robust strength, lightweight, and exceptional durability. Among these are the automotive, construction, and aerospace industries, which are witnessing consistent growth, pushing the demand for vinyl ester, a crucial component of FRP. Further fueling this demand is the rising trend of replacing traditional materials like steel and aluminum with FRP in various applications, driven by FRP's advantageous properties and cost-effectiveness. Additionally, FRP's resistance to corrosion, low maintenance requirements, and design flexibility make them an attractive choice in corrosive and harsh environments, thus increasing the demand for vinyl ester. Furthermore, the growing focus on reducing carbon emissions and enhancing energy efficiency underscores the importance of lightweight materials such as FRP, potentially driving the vinyl ester market growth.
IMARC Group provides an analysis of the key trends in each segment of the global vinyl ester market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on type, distribution channel and application.
Bisphenol A Diglycidyl Ether (DGEBA)
Epoxy Phenol Novolac (EPN)
Brominated Fire Retardant
Others
DGEBA dominates the market
The report has provided a detailed breakup and analysis of the market based on the type. This includes bisphenol A diglycidyl ether (DGEBA), epoxy phenol novolac (EPN), brominated fire retardant, and others. According to the report, DGEBA represented the largest segment.
The global demand for diglycidyl ether of bisphenol A (DGEBA), a prominent type of epoxy resin, is currently being propelled by its escalating use in the manufacturing of coatings, adhesives, and sealants. As industries worldwide, especially in the construction and automotive sectors, continue to expand, the need for such materials is surging, thereby driving the demand for DGEBA. Additionally, DGEBA is used in manufacturing high-performance composites due to its superior mechanical properties and exceptional dimensional stability. The increased demand for these composites in aerospace, sports equipment, and wind turbine industries is fueling the demand for DGEBA. Moreover, DGEBA's electrical insulating properties make it a preferred choice for electrical and electronic applications. As the electronics industry witnesses continuous growth, particularly with the advent of 5G and the Internet of Things (IoT) technologies, the demand for DGEBA is expected to rise further.
Offline
Online
A detailed breakup and analysis of the market based on the application has also been provided in the report. This includes offline and online.
With the increasing proliferation of high-speed internet and smartphones, the online segment is witnessing substantial growth. It provides consumers with the convenience of shopping anytime, anywhere, coupled with a wider range of product options, user reviews, and competitive pricing. The trend toward online shopping due to recent shifts in consumer behavior following the COVID-19 pandemic is creating a favorable outlook for market expansion. In addition to this, widespread product availability through traditional brick-and-mortar stores, which include supermarkets, hypermarkets, specialty stores, and others, is strengthening the market growth. In line with this, the surging consumer's preference for offline shopping due to the tactile experience it offers, allowing them to physically examine products before purchasing, is influencing the market growth. Additionally, instant ownership, professional assistance, and avoidance of shipping costs are contributing to the market's growth.
Pipes and Tanks
Paints and Coatings
Transportation
Pulp and Paper
Others
Pipes and tanks dominate the market
The report has provided a detailed breakup and analysis of the market based on the application. This includes pipes and tanks, paints and coatings, transportation, pulp and paper, and others. According to the report, pipes and tanks represented the largest segment.
The escalating demand for vinyl ester-based pipes and tanks is providing a substantial boost to the market growth. Key industries, such as oil & gas, wastewater treatment, and chemical processing, are opting for vinyl ester-based solutions due to their exceptional corrosion resistance and durability. The oil and gas industry requires robust materials, such as vinyl ester, for pipes that can endure corrosive substances and extreme conditions. Additionally, wastewater treatment plants are increasingly using vinyl ester-based tanks and pipes because of their resistance to corrosive gases and liquids. In the chemical processing industry, vinyl ester's resistance to a wide array of chemicals makes it an ideal choice for constructing tanks and piping systems, ensuring safe and efficient operations. Moreover, the demand for these materials is being driven by the water and wastewater management sector due to growing environmental concerns and stricter regulations for sustainable infrastructure.
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
North America exhibits a clear dominance, accounting for the largest vinyl ester market share
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.
The demand for vinyl ester in North America is seeing a considerable uptick due to a combination of industrial growth and infrastructural development. The North American region, particularly the United States, has a substantial presence of industries such as oil & gas, chemical processing, and marine, all of which extensively use vinyl ester. Furthermore, North America is witnessing an increased emphasis on the use of durable, lightweight materials in the construction and automotive sectors, which directly impacts the demand for vinyl ester. Additionally, heightened environmental awareness and regulatory compliance in the region are fostering the use of corrosion-resistant materials in wastewater management systems. The increased investment in renewable energy, particularly wind energy, is another contributing factor, as vinyl ester is a preferred material for manufacturing wind turbine blades.
The global vinyl ester market displays a highly competitive landscape characterized by the presence of numerous international and regional players. Leading market players are engaged in research and development activities to produce vinyl ester with improved properties and diverse applications. In addition to this, strategic partnerships, mergers, and acquisitions have become common as companies aim to expand their geographical reach and strengthen their market position. For instance, alliances with local distributors and manufacturers help companies ensure their product availability across different regions. The competitive landscape is expected to intensify further as more companies enter the fray and current ones continue to innovate.
Akzo Nobel N.V.
Ashland Global Holdings Inc.
INEOS Limited
Interplastic Corporation
Nivitex Fibreglass and Resins
Poliya Composite Resins and Polymers Inc.
Polynt spa
Scott Bader Company Ltd.
Showa Denko K. K.
Sino Polymer Co. Ltd.
Swancor Holding Co Ltd.
In June 2023, INEOS Nitriles announced the launch of Invireo TM bio-based Acrylonitrile to deliver 90% reduction of greenhouse gas emissions.
In June 2023, AkzoNobel announced the launch of the powder coatings industry's first openly available online energy savings calculator.
In January 2023, a customer of Sino Polymer using MFE(R) 711 vinyl ester resin produced a 60 foot catamaran yacht in Guangdong Province, China. MFE 711VP is the infusion version of MFE 711 which shows excellent mechanical properties and process ability in infusion process.