North America Vinyl Ester Market Size, Share & Trends Analysis Report By Type (Bisphenol A Diglycidyl Ether (DGEBA), Epoxy Phenol Novolac (EPN), Brominated Fire Retardant, and Others), By Application, By Country and Growth Forecast, 2024 - 2031
The North America Vinyl Ester Market would witness market growth of 6.0% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 546.21 hundred tonnes, showcasing a growth of 20.2% (2020-2023).
In pulp and paper production facilities, where harsh chemicals and corrosive environments are prevalent, vinyl ester coatings and linings provide robust protection against corrosion and degradation, extending the lifespan of equipment and infrastructure. Thus, the US market utilize 74.86 pulp and paper in vinyl ester by 2031.
The US market dominated the North America Vinyl Ester Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $341.4 million by 2031. The Canada market is experiencing a CAGR of 8.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 7.5% during (2024 - 2031).
according to Confederation of European Paper Industries (CEPI), the pulp and paper industry in Europe has a turnover of 115 billion euros and adds 25 billion euros to the EU GDP. It is strong in export markets, with an export rate of 21% of its paper and board production.
Moreover, Vinyl ester composites are used in the construction of wastewater treatment facilities and equipment for treating and recycling process water and effluent in the pulp and paper industry.
According to the International Trade Administration (ITA), in 2020, Canada's aerospace sector generated revenues of US$17 billion, making it one of the largest in the world. Vinyl ester composites provide excellent corrosion resistance, making them suitable for aerospace and defense applications where components are exposed to harsh environmental conditions such as moisture, salt, and chemicals in Canada.
Based on Type, the market is segmented into Bisphenol A Diglycidyl Ether (DGEBA), Epoxy Phenol Novolac (EPN), Brominated Fire Retardant, and Others. Based on Application, the market is segmented into Pipes & Tanks, Paints & Coatings, Transportation, Pulp & Paper, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- INEOS Group Holdings S.A.
- DIC Corporation
- Ashland Inc.
- Hexion Inc. (Hexion Intermediate Holding 2, Inc.)
- Allnex GMBH (PTT Global Chemical Public Company Limited)
- Swancor Holding Co., Ltd.
- Sino Polymer Co., Ltd.
- Interplastic Corporation (IP Corporation)
- Resonac Holdings Corporation
- Polynt S.p.A.
By Type (Volume, Hundred Tonnes, USD Billion, 2020-2031)
- Bisphenol A Diglycidyl Ether (DGEBA)
- Epoxy Phenol Novolac (EPN)
- Brominated Fire Retardant
- Others
- Pipes & Tanks
- Paints & Coatings
- Transportation
- Pulp & Paper
- Others
- US
- Canada
- Mexico
- Rest of North America
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Vinyl Ester Market, by Type
- 1.4.2 North America Vinyl Ester Market, by Application
- 1.4.3 North America Vinyl Ester Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Opportunities
- 3.2.3 Market Restraints
- 3.2.4 Market Challenges
- 3.3 Porter’s Five Forces Analysis
- Chapter 4. North America Vinyl Ester Market by Type
- 4.1 North America Bisphenol A Diglycidyl Ether (DGEBA) Market by Country
- 4.2 North America Epoxy Phenol Novolac (EPN) Market by Country
- 4.3 North America Brominated Fire Retardant Market by Country
- 4.4 North America Others Market by Country
- Chapter 5. North America Vinyl Ester Market by Application
- 5.1 North America Pipes & Tanks Market by Country
- 5.2 North America Paints & Coatings Market by Country
- 5.3 North America Transportation Market by Country
- 5.4 North America Pulp & Paper Market by Country
- 5.5 North America Others Market by Country
- Chapter 6. North America Vinyl Ester Market by Country
- 6.1 US Vinyl Ester Market
- 6.1.1 US Vinyl Ester Market by Type
- 6.1.2 US Vinyl Ester Market by Application
- 6.2 Canada Vinyl Ester Market
- 6.2.1 Canada Vinyl Ester Market by Type
- 6.2.2 Canada Vinyl Ester Market by Application
- 6.3 Mexico Vinyl Ester Market
- 6.3.1 Mexico Vinyl Ester Market by Type
- 6.3.2 Mexico Vinyl Ester Market by Application
- 6.4 Rest of North America Vinyl Ester Market
- 6.4.1 Rest of North America Vinyl Ester Market by Type
- 6.4.2 Rest of North America Vinyl Ester Market by Application
- Chapter 7. Company Profiles
- 7.1 INEOS Group Holdings S.A.
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 Recent strategies and developments:
- 7.1.5.1 Acquisition and Mergers:
- 7.1.6 SWOT Analysis
- 7.2 DIC Corporation
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expenses
- 7.2.5 SWOT Analysis
- 7.3 Ashland Inc.
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expenses
- 7.3.5 SWOT Analysis
- 7.4 Hexion Inc. (Hexion Intermediate Holding 2, Inc.)
- 7.4.1 Company Overview
- 7.4.2 SWOT Analysis
- 7.5 Allnex GMBH (PTT Global Chemical Public Company Limited)
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Recent strategies and developments:
- 7.5.4.1 Partnerships, Collaborations, and Agreements:
- 7.5.5 SWOT Analysis
- 7.6 Swancor Holding Co., Ltd.
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Regional Analysis
- 7.6.4 Research & Development Expenses
- 7.6.5 SWOT Analysis
- 7.7 Sino Polymer Co., Ltd.
- 7.7.1 Company Overview
- 7.7.2 SWOT Analysis
- 7.8 Interplastic Corporation (IP Corporation)
- 7.8.1 Company Overview
- 7.8.2 SWOT Analysis
- 7.9 Resonac Holdings Corporation
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental and Regional Analysis
- 7.9.4 Research & Development Expenses
- 7.9.5 SWOT Analysis
- 7.10. Polynt S.p.A.
- 7.10.1 Company Overview
- 7.10.2 Recent strategies and developments:
- 7.10.2.1 Geographical Expansions:
- 7.10.3 SWOT Analysis
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