Press release
Global Gelcoat Market worth USD 1,450 Million post 2022 at CAGR of 8.9%
Market Highlight:
Gelcoat are framed as in mold surface coating which is used to provide protective layer to substrate as well as aesthetic look to the fiber reinforced composites. Gelcoat offers unique properties and characteristics such as corrosion resistance, UV degradation and water absorption. Gelcoat is available in both brush and spray form so that appropriate thickness can be laminated on composite material to avoid damage in diverse conditions. Global Gelcoat Market is growing owing to rise in applications in end user industries such as marine, constructions, wind and transportation. Growing use of polyester resin in marine, wind and transportation industry due to its excellent UV degradation compared to vinyl ester and epoxy resin has boosted the polyester resin gelcoat demand over the forecasted period. Gelcoats are widely used in producing marine products such as decks, ship hulls, motor yachts and power boats which need protective coatings to witnessed impact of water tides. Rise in demand for trading and increa
e in spending of high class people in boats for leisure has pushed the growth of marine industry along with rise in demand for gelcoat. Vinyl ester resin holds as comparative growth rate owing to use in marine industry in North America.
Global Gelcoat Market is growing at rapid pace and is expected to reach ~1,450 million by 2022, with CAGR ~8.9% between 2016-2022.
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Gelcoat Market witnessed a significant growth in recent years owing to growing construction and transportation industry in Asia-Pacific regions. Gelcoat are used on engine parts and other automobile parts to increase fuel efficiency and reduce weight. The prominent companies are focusing more on lightweight vehicles particularly in transportation industry which includes railways, ships and buses to increase the use of gelcoat in transportation industry.
Key Players
Key players of the global high Gelcoat market are
• HK Research Corporation (U.S.)
• Ashland Inc. (U.S.)
• Bufa Composite Systems GmbH & Co. KG. (Germany)
• Interplastic Corporation (U.S.)
• Scott Bader Company Limited (U.K.)
• Polynt S.p.A (Europe)
• Reichhold LLC (U.S.)
• Synergys Technologies (France)
• Fibre Glass Development Corporation (U.S)
• Bang & Bonsomer Group Ab ( Europe)
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Intended Audience
• Gelcoat manufacturers
• Traders and distributors of Gelcoat
• Production Process industries
• Potential investors
• Raw material suppliers
• Nationalized laboratory
TABLE OF CONTENT
1. Executive Summary
2. Scope of The Report
3. Market Research Methodology
4. Market Landscape
5. Industry Overview of Global Gelcoat Market
6. Market Trends
7. Global Gelcoat Market by Region
8. Global Gelcoat Market by Resin Type (Epoxy, Polyester, Vinyl Ester, others)
9. Global Gelcoat Market by End User (Construction, Wind, Marine, Transportation, others)
10. Company Profiles
11. Conclusion
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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Gelcoat Market:
Gelcoat are framed as in mold surface coating which is used to provide protective layer to substrate as well as aesthetic look to the fiber reinforced composites. Gelcoat offers unique properties and characteristics such as corrosion resistance, UV degradation and water absorption. Gelcoat is available in both brush and spray form so that appropriate thickness can be laminated on composite material to avoid damage in diverse conditions.
The global gelcoat…
