Global Vinyl Ester Resin Market Size was Valued $ 2.64 Billion by 2035 | CAGR of 5.4%

Global Vinyl Ester Resin Market Size was Valued $ 2.64 Billion by 2035

According to a research report published by Spherical Insights & Consulting, The Global Vinyl Ester Resin Market size is anticipated to grow from USD 1.48 billion in 2024 to USD 2.64 billion by 2035, at a CAGR of 5.4% during the forecast period 2025-2035.

Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the Global Vinyl Ester Resin Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Bisphenol A-based Vinyl Ester Resins, Novolac-based Vinyl Ester Resins, Brominated Vinyl Ester Resins, and Others), By Application (Pipes and Tanks, Marine Composites, Wind Turbine Blades, FRP Bridges and Structure, Corrosion-Resistant Coatings, Aerospace Composites, and Others), By End-Use (Construction, Marine, Chemical Processing, Automotive, Wind Energy, Aerospace, Electronics, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035.   "Detailed Report Decription Here: https://www.sphericalinsights.com/reports/vinyl-ester-market       

The vinyl ester resin market consists of thermoset resins produced by reacting epoxy resins with unsaturated carboxylic acids, combining the strength of epoxies with the ease of handling of polyesters. These resins are widely used in corrosion-resistant pipes, storage tanks, boats, wind turbine blades, automotive parts, and construction materials due to their chemical resistance, durability, and mechanical performance. Market growth is driven by rising demand in chemical processing, oil and gas, water treatment, and renewable energy sectors, where long service life and low maintenance are critical. Opportunities arise from infrastructure expansion, wind power adoption, and lightweight material demand, while trends focus on high-performance, corrosion-resistant applications. The primary challenge in the global vinyl ester resin market is higher raw material and manufacturing costs versus polyester.

The bisphenol A-based vinyl ester resins segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.

Based on the product type, the vinyl ester resin market is divided into bisphenol A-based vinyl ester resins, novolac-based vinyl ester resins, brominated vinyl ester resins, and others. Among these, the bisphenol A-based vinyl ester resins segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. These benefits make vinyl ester resins highly suitable for construction, marine, and industrial uses, offering excellent durability, extended lifespan, and lower maintenance requirements, ensuring reliable, long-lasting performance in demanding environments.

The pipes and tanks segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.

Based on the application, the vinyl ester resin market is divided into pipes and tanks, marine composites, wind turbine blades, FRP bridges and structure, corrosion-resistant coatings, aerospace composites, and others. Among these, the pipes and tanks segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Vinyl ester resins are used as lightweight materials in chemical processing, water treatment, oil and gas, and industrial storage, offering superior chemical resistance, extended service life, and reduced maintenance expenses.

The chemical processing segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period.

Based on the end-use, the vinyl ester resin market is divided into construction, marine, chemical processing, automotive, wind energy, aerospace, electronics, and others. Among these, the chemical processing segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Vinyl ester resin is utilized for reactors, pipes, tanks, and storage systems because of its durability, safety, and low maintenance, enabling efficient, long-lasting performance even with harsh chemical exposure.

North America is expected to hold the majority share of the global vinyl ester resin market during the forecast period.

North America is expected to hold the majority share of the global vinyl ester resin market during the forecast period. Along with improved manufacturing capabilities and widespread adoption of corrosion-resistant materials, demand is rising in Canada for pipes, tanks, and environmental applications. In the U.S., market growth is fueled by significant investments in industrial infrastructure, oil and gas, and water treatment projects.

Asia Pacific is anticipated to grow at the fastest pace in the global vinyl ester resin market during the forecast period. Rising demand in construction, automotive, marine, and chemical sectors is driving vinyl ester resin usage, valued for its corrosion resistance and versatility, allowing it to be fabricated into tailored composite materials to meet specific application needs.

Major vendors in the global vinyl ester resin market are Ashland Global Holdings Inc., Hexion Inc., Scott Bader, Polynt-Reichhold Group, AOC Resins, INEOS Composites, Swancor Holding, DSM Composite Resins, Showa Denko K.K., Allnex, Sino Polymer Co., Ltd., Huntsman Corporation, DIC Corporation, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development 

• In February 2025, allnex announced its participation in JEC World 2025 (Paris-Nord Villepinte, March 4-6) at booth 6-E81, showcasing innovative composite solutions, including gelcoats, UV-curable composites, and phenolic resins, highlighting its leadership in specialty resin technologies.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the vinyl ester resin market based on the below-mentioned segments:

Global Vinyl Ester Resin Market, By Product Type

• Bisphenol A-based Vinyl Ester Resins
• Novolac-based Vinyl Ester Resins
• Brominated Vinyl Ester Resins
• Others

Global Vinyl Ester Resin Market, By Application

• Pipes and Tanks
• Marine Composites
• Wind Turbine Blades
• FRP Bridges and Structure
• Corrosion-Resistant Coatings
• Aerospace Composites
• Others

Global Vinyl Ester Resin Market, By End-Use

• Construction
• Marine
• Chemical Processing
• Automotive
• Wind Energy
• Aerospace
• Electronics
• Others

 Global Vinyl Ester Resin Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

CONTACT US:

For More Information on Your Target Market, Please Contact Us Below:    

Phone: +1 303 800 4326 (the U.S.)

Phone: +91 90289 24100 (APAC)

Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com

Contact Us: https://www.sphericalinsights.com/contact-us

Follow Us: LinkedIn | Facebook | Twitter