Press release
Gelcoat Market 2020 - Growing Trends In Water-Based Sports, Marine Tourism And Other Leisure Activity is Impacting the Growth | Global Players- Royal Dutch Shell; Exxon Mobil Corporation
Market OverviewGelcoat is a compound utilized in providing outer protective layer and high-quality finishing to surfaces of the fibre-reinforced composite. It is formulated by using different resins such as polyester, vinyl ester, epoxy and others. It is highly resistant to water, osmosis, UV, chemical, impact and crack. It gives enhanced mechanical property and reduces surface porosity.
The gelcoat is highly used in providing protective covering from weather and environmental impact. It helps in providing UV stability and giving aesthetic appearance. Now, gelcoat is used for constructing luxurious yachts and growing water projects. The major advancement in the gelcoat is that it is now have been used for packaging foodstuffs and home décor.
The demand for yacht projects and water-based activities is driving the market.
It gives shiny, glossy, smooth, durable finishing, flawless appearance. The market is highly benefitted by the growing trends in water-based sports, marine tourism and other leisure activity.
Global gelcoat market is projected to register a CAGR of 7.5% in the forecast period of 2019 to 2026.
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The Gelcoat Market competitive landscape provides details by competitor. Details included are organization overview, company financials, revenue generated, Industry potential, investment in research and development, new Gelcoat Market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to Gelcoat Market.
Major Market Manufacturers Covered In The Gelcoat Market Are:
Some of the major players operating in this market are AKZO NOBEL N.V., ASHLAND, LyondellBasell Industries Holdings B.V., 3M, SIKA AG, AEKYUNG CHEMICAL Co., Ltd, ALLNEX NETHERLANDS B.V., AOC, LLC, BÜFA GmbH & Co. KG, Changzhou Huake Polymers Co., Ltd., DE USSEL COATINGS BV, DUGALAK Ltd., Eternal Synthetic Resins (Changshu) Co.Ltd., Euroresins, GRM, HK Research Corporation, Interplastic Corporation, Leader Compsite Comp.,Ltd, Mäder, NANO4LIFE EUROPE L.P., Polynt, Resoltech, Scott Bader Company Ltd.,TURKUAZ POLYESTER.
Product Launch
• In March 2015, Resoltech developed a new product formulated with resins and having various health benefits. It showcased its new waterborne spray-able epoxy filters, by keeping the H&S regulations.
• In February 2015, HK Research Corporation launched a new range of gel coating polymers ReFlex. This helped the company in catering the increasing demand from marine industry and maintaining its product quality and position in the global market.
• In 2015, AEKYUNG CHEMICAL Co., Ltd developed product for corrosion resistant lining called SM FREE VE resin. It is based on isophthalic acid-derived unsaturated polyester resin or vinyl ester resin applicable for FRP. It helped the company in meeting the stringent demand of the growing market trends.
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Key Benefits for Gelcoat Market:
• The report evaluates the key factors of drivers, restraints, and opportunities enabling strategic decision making with perceptive to identify the potential Market.
• The report evaluates the key factors of drivers, restraints, and opportunities enabling strategic decision making with perceptive to identify the potential Market.
• Basic Industry Overview and Global Market Development Policies and Plans
• Key Market players Profiling and the competitive outlook of the industry.
• Detailed Understanding and evaluation of the Present and Future Trends.
• Extensive analysis of the Market is conducted by following key product positioning and monitoring of the top manufacturers within the Market
Global Gelcoat Market Scope and Market Size
Global gelcoat market is segmented into four notable segments which are type, resin, application method and end-user.
• On the basis of type, the market is segmented into standard gelcoat and specialty gelcoat.
• On the basis of resin, the market is segmented into polyester, vinyl ester, epoxy and others.
• On the basis of application method, the market is segmented into spray, brush & roller.
• On the basis of end-user, the market is segmented into automotive, marine, building and construction, wind energy and others.
Based on regions, the Gelcoat Market is classified into North America, Europe, Asia- Pacific, Middle East & Africa, and Latin America
Middle East and Africa (GCC Countries and Egypt)
North America (United States, Mexico, and Canada)
South America (Brazil, Argentina etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
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The report covers major aspects:
• Various economic factors that are significant in determining the Gelcoat Market trend, buying decisions and Market attractiveness are being analyzed for Market estimation and forecasting.
• The analysis will support stakeholders such as manufacturers and distributors in identifying and capturing Markets with high potential.
• The study also discusses various environmental and regulatory factors critical for the Gelcoat Market growth.
Strategic Points Covered in Table of Content of Global Gelcoat Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope Gelcoat Market
Chapter 2: Exclusive Summary – the basic information of Gelcoat Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of Analytical Standards
Chapter 4: Presenting Gelcoat Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of Gelcoat Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Customization of the Report:
Data Bridge Market Research also provides customization options to tailor the reports as per client requirements. This report can be personalized to cater to your research needs. Feel free to get in touch with our sales team, who will ensure that you get a report as per your needs.
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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Data Bridge Market Research
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Mail: Corporatesales@databridgemarketresearch.com
About Data Bridge Market Research:
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