Gelcoat Market Introduction

Gelcoat Market estimated to value over USD 1.9 billion by 2027 end and record a CAGR of over 7.6% during the forecast period 2020 to 2027. 

Gelcoat are surfaces coated with substances to protect it from wear and tear as well as make it aesthetically appealing. The exterior coat has distinct properties such as UV protection, water-resistance and durability. To acquire depth according to preference, gel coating can be done either via brush or spray. The global gelcoat market is being employed in various industries and thus the demand has increased. Construction, automotive, navy, as well as transportation sectors, employ the gel coat technology. North America dominates the gelcoat market followed by Europe and Asia Pacific. U.S market is predicted to be the largest consumer of gelcoat over the forecasted period.  Asia-Pacific region holds moderate market share in the global gelcoat market. Increase in population expand the construction and transportation industry which further drives the gelcoat market in emerging economies.

Key Market Players are:

Ineos Enterprise (UK), Bufa Composite Systems GmbH (Germany), HK Research Corporation (US), Allnex (Germany)

Gelcoat Market Segmentation
By Resin 

• Epoxy  
• Polyester 
• Vinyl Ester 

By End-use Industry

• Construction 
• Wind Energy 
• Marine 
• Transportation 
• Others  

By Region

• Europe  
• North America  
• APAC  
• Latin America 
• Rest of World  

Competitive Landscape:  

• Tier 1 players- established companies in the market with the major market share  
• Tier 2 players 
• Emerging players which are growing rapidly 
• New Entrants 

FutureWise Key Takeaways  

• Growth prospects  
• SWOT analysis 
• Key trends 
• Key data points affecting market growth

Objectives of the Study: 

• To provide with an exhaustive analysis on gelcoat market by type, end-user industry, and region 
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) 
• To evaluate and forecast micro-markets and the overall market  
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East 
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions 
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies