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According to our (Global Info Research) latest study, the global Gel Coats (Gelcoat) market size was valued at USD 880.7 million in 2023 and is forecast to a readjusted size of USD 1360.7 million by 2030 with a CAGR of 6.4% during review period.
Gel coats are specialized polyester or vinyl ester resin formulations that are formulated as an in-mold coating to provide appealing cosmetics and protect the underlying laminate. Gel coat is typically sprayed in a mold and the structural laminate, or cast polymer matrix, applied behind the gel coat surface in either open molding or closed molding processes.
The main global Gel Coats manufacturers include INEOS Composites, BuFA Group, HK Research Corporation, Polynt-Reichhold, Scott Bader, etc. The top five Gel Coats and Pigments manufacturers account for approximately 53% of the total global market. North America is the largest consumer market for Gel Coats and Pigments, accounting for about 32%, followed by Europe and Asia-Pacific. In terms of product, Polyester Type is the largest segment, with a share about 40%. And in terms of application, the largest application is Marine, followed by Transportation & Vehicl.
The Global Info Research report includes an overview of the development of the Gel Coats (Gelcoat) industry chain, the market status of Marine (Polyester Type, Epoxy Type), Wind Energy (Polyester Type, Epoxy Type), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Gel Coats (Gelcoat).
Regionally, the report analyzes the Gel Coats (Gelcoat) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Gel Coats (Gelcoat) market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Gel Coats (Gelcoat) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Gel Coats (Gelcoat) industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Polyester Type, Epoxy Type).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Gel Coats (Gelcoat) market.
Regional Analysis: The report involves examining the Gel Coats (Gelcoat) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Gel Coats (Gelcoat) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Gel Coats (Gelcoat):
Company Analysis: Report covers individual Gel Coats (Gelcoat) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Gel Coats (Gelcoat) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Marine, Wind Energy).
Technology Analysis: Report covers specific technologies relevant to Gel Coats (Gelcoat). It assesses the current state, advancements, and potential future developments in Gel Coats (Gelcoat) areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Gel Coats (Gelcoat) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Gel Coats (Gelcoat) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Polyester Type
- Epoxy Type
- Vinyl Ester Type
- Other Type
Market segment by Application
- Marine
- Wind Energy
- Transportation & Vehicle
- Fiberglass Pools
- Sanitary Ware
- Others
Major players covered
- INEOS Composites
- BuFA Group
- HK Research Corporation
- Polynt-Reichhold
- Scott Bader
- AOC
- Allnex
- Interplastic
- Mader
- Tomatec
- Poliya Composites Resins and Polymers
- Turkuaz Polyester
- Sika Advanced Resins
- Aekyung Chemical
- Sicomin
- Aromax Technolog
- Jiangsu Fullmark Chemicals
- Tianma Group
- Changzhou Heyu Chemical
- Changzhou Huake Polymers Co., Ltd.
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Gel Coats (Gelcoat) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Gel Coats (Gelcoat), with price, sales, revenue and global market share of Gel Coats (Gelcoat) from 2019 to 2024.
Chapter 3, the Gel Coats (Gelcoat) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Gel Coats (Gelcoat) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Gel Coats (Gelcoat) market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Gel Coats (Gelcoat).
Chapter 14 and 15, to describe Gel Coats (Gelcoat) sales channel, distributors, customers, research findings and conclusion.