U.S. Vinyl Ester Resin Prices 2025, Size, Trend, Graph, News and Forecast
Vinyl Ester Resin (VER) is a high-performance thermosetting resin widely utilized in industries such as marine, construction, automotive, and chemical processing for its superior corrosion resistance, mechanical strength, and durability. The global market for Vinyl Ester Resin has witnessed significant price fluctuations over recent years due to a combination of raw material volatility, changing demand patterns, and global economic conditions. Prices of VER are heavily influenced by the costs of its primary raw materials, including epoxy resins and methacrylic acid. Both of these raw materials are derived from petrochemical feedstocks, which are sensitive to global oil price trends. Crude oil price variations have had a cascading effect on VER production costs, thereby influencing its market prices on both regional and global scales. The Asia-Pacific region remains the dominant producer and consumer of Vinyl Ester Resin, with China and India driving significant demand due ...