Gelcoat Market Industry Size, Growth, Demand, Opportunities and Forecast By 2030

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 By employing specific steps to collect, record, and analyse market data, a steadfast Gelcoat market research report has been prepared. The report gives explanation about a methodical investigation of existing scenario of the global market, which takes into account several market dynamics. By using this market report, the general market conditions, existing trends and tendencies in the Chemical and Materials industry can be unearthed. Further, for an unequivocal and better understanding of facts and figures, the data is symbolized in the form of graphs, tables, and charts. Global Gelcoat market report also evaluates the growth rate and the market value based on market dynamics and growth inducing factors.



A trustworthy Gelcoat report consists of basic, secondary and advanced information associated with the global status, recent trends, market size, sales volume, market share, growth, future trends analysis, segment and forecasts from 2023 - 2030. Market analysis data covered in this industry report lend a hand to businesses for mapping strategies related to investment, revenue generation, production, product launches, costing, inventory, purchasing and marketing. Further, Gelcoat marketing report presents the market info for actionable, most recent and real-time market insights which makes it easier to take critical business decisions.

Data Bridge Market Research analyses that the gelcoat market is expected to undergo a CAGR of 8.80% during the forecast period. This indicates that the market value, USD 1,403.80 million in 2022, would rocket up to USD 2,756.37 million by 2030.

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Market Overview:
Gelcoat is a material that offers a high-quality finish on the surface of a fiber-reinforced composite. The most common gel coats are thermosetting polymers based on unsaturated polyester or epoxy resin. Gelcoats are advanced resins that are applied to molds in the liquid state.  Gelcoat provides unique characteristics and properties such as resistance against water absorption, corrosion, U.V. degradation, blister, and crack. Gelcoat can be applied in spray and brush form so that proper thickness can be laminated on the composite material to avoid damage.

Some of the major players operating in the gelcoat market are:
  • Akzo Nobel N.V. (Netherlands)
  • Ashland Inc. (U.S.)
  • LyondellBasell Industries Holdings B.V (Netherlands)
  • 3M (U.S.)
  • Sika AG (Switzerland)
  • Bang & Bonsomer (Finland)
  • Sino Polymer Co. Ltd. (China)
  • Eastman Chemical Company (U.S.)
  • Hexion (U.S.)
  • Huntsman International LLC (U.S.)
  • BASF SE(Germany)
  • Aditya Birla Group Chemicals (India)
  • Ashland (U.S.)
  • Reichhold LLC (U.S.)
  • Scott Bader Company Limited (U.K.)
  • Atul Ltd (India)
  • New Japan Chemical Co. Ltd. (Japan)
  • Kukdo Chemicals Co. Ltd. (South Korea)
  • Anhui Xinyuan Chemical Co. Ltd. (China)
  • SIR Industriale (Italy)
  • LANXESS (U.S.)
Gelcoat Market Regional Analysis/Insights
The gelcoat market is analyzed and market size insights and trends are provided by country, product type, resin, application method and end user as referenced above.
The countries covered in the gelcoat market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the gelcoat market in market share revenue due to the growing marine applications, especially in Canada and U.S. Moreover, the increasing need for anticorrosion, water protection and anti-weather coats in the wind energy sector will likely drive market growth.
Asia-Pacific will expect to be the fastest-growing region during the forecast period of 2023-2030 due to the high economic growth in developing countries and the expansion of several end-user verticals in this region. Moreover, rising building and construction activities, abundant availability of raw materials, and an increasing number of major market players are some other factors that will likely enhance the market growth.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.  
Competitive Landscape and Gelcoat Market Share Analysis
The gelcoat market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new 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 companies' focus related to gelcoat market.
 
 
Table of Content:
Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Gelcoat Market Landscape

Part 04: Global Gelcoat Market Sizing

Part 05: Global Gelcoat Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

 
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About Data Bridge Market Research:
An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune.
Data Bridge Market Research has more than 500 analysts working in different industries. We have served more than 40% of the Fortune 500 companies globally and have a network of more than 5,000 clients worldwide. Data Bridge is an expert in creating satisfied customers who trust our services and trust our hard work with certainty. We are pleased with our glorious 99.9% customer satisfaction rating.
 
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