The global vinyl ester market size was USD 1,023.0 Million in
2021 and is expected to register a revenue CAGR of 5.1% during the
forecast period, according to latest analysis by Emergen Research.
Increasing awareness regarding benefits of utilizing vinyl esters
over polyester resins in end-use industries is a major factor
driving market revenue growth. Vinyl ester and polyester resins
differ significantly depending on chemical compositions and these
differences reflect themselves in their physical properties,
therefore, industry professionals significantly invest in gathering
ideas of what performance is required from the build. Selection
between these resins plays a key role in determining strength,
durability, and product life and also affects overall cost
associated with manufacturing of end products. Also, understanding
these key differences enables users to compile the list of critical
material performance factors required from finished product and
inform the selection. For instance, cross bonding of vinyl esters
is superior to that of polyesters, which denotes that vinyl esters
bond to core materials more effectively than polyesters. In
addition, vinyl esters are less sensitive to ambient conditions,
such as temperature and humidity, than polyesters. Vinyl esters are
also used in applications such as in the automotive industry it is
used in manufacturing of parts and surfaces of vehicles. This can
be primarily attributed to their water-resistant properties. On the
other hand, in the construction industry, it is used in fascias for
buildings, reinforcement of bridges, and others.
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