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Gelcoat Market by Resin Type, End-Use Industry, & Region to 2020

The global demand for gelcoat is projected to reach USD 1,233 Million by 2020, registering a CAGR of 7.60% between 2015 and 2020. The growing composite usage in various industries, recovery of marine industry after the economic recession, and increase in demand for gelcoats in the transportation industry are the major factors driving the growth of the gelcoat market.

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Gelcoat Market by Resin Type, End-Use Industry, & Region to 2020

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  1. Gelcoat Market Gelcoat Market worth 1,233 Million USD by 2020 View Full Report @ https://tinyurl.com/y9cgwo4w

  2. Introduction • The report “Gelcoat Market by Resin Type (Polyester, Vinyl Ester, Epoxy, and Others), by End-Use Industry (Marine, Transportation, Construction, Wind, and Others) & by Region - Trends & Forecast to 2020”, defines and segments the gelcoats market with analysis and forecasting of the market size by volume and value. • Gelcoats offer various unique properties and features such as resistivity to corrosion, UV degradation, water absorption, chemicals, and so on. The global gelcoats market is estimated to reach a market size of USD 1,233 Million by 2020, registering a CAGR of 7.60% between 2015 and 2020. View Full Report @ https://tinyurl.com/y9cgwo4w

  3. Drivers & Restrains • The growing composite usage in various industries, recovery of marine industry after the economic recession, and increase in demand for gelcoats in the transportation industry are the major factors driving the growth of the gelcoat market. • Gelcoats are specifically developed and produced as an in-mold surface coating which is used to provide aesthetic look to the composites part and protect the parts substrate from the various elements. • There are various polymeric resins used to manufacture gelcoats such as polyester, vinyl ester, epoxy, and others (polyurethane, phenolic, acrylic, and so on). Gelcoats are used in different end-use industries such as marine, transportation, construction, wind energy industry, and others. View Full Report @ https://tinyurl.com/y9cgwo4w

  4. Industry Insights • The global gelcoat market, along with its various resin types and end-user industries, has witnessed considerable growth in recent years and this growth is projected to persist in the coming years. • The marine and transportation industries are the largest markets for gelcoats and cumulatively held a share of more than 50% of the overall market in 2014. • The wind energy and transportation industries are projected to be the driving force for the growth of the market between 2015 and 2020. • On the basis of end-use industries, the market is segmented into marine, wind energy, construction, transportation, and others. • The Marine and transportation end-use industries hold a major chunk of the overall gelcoats market, whereas, the wind energy industry is expected to grow at a healthy growth rate in the next five years due to the budding wind energy industry. View Full Report @ https://tinyurl.com/y9cgwo4w

  5. Regional Insights • Currently, Asia-Pacific is the largest market for methylene chloride, with China holding the largest share in terms of volume in 2014. • The Asia-Pacific and the European regions are the most active markets in terms of strategic initiatives, owing to their emerging and mature market demands, respectively. • The European market is highly regulated due to its growing concern on industrial toxic gas emissions, thus growth is torpid in the region. • High growth in end-use industries, augmented local manufacturing, and increase in number of domestic players in vertical market segments such as pharmaceuticals, foam manufacturing, chemical processing, and others in the Asia-Pacific region is the important driving factors for methylene chloride. View Full Report @ https://tinyurl.com/y9cgwo4w

  6. Key Players • This report also includes profiling of the leading gelcoat manufacturers such as Ashland Inc. (U.S.), BUFA GmbH & Co. KG (Germany), HK Research Corporation (U.S.), Nuplex Industries Ltd. (Australia), Polynt S.p.A (Europe), Reichhold LLC (U.S.), Scott Bader Company Limited (U.K.), and others. View Full Report @ https://tinyurl.com/y9cgwo4w

  7. About Us • MarketsandMarkets™ provides quantified B2B research on 30,000 high growth emerging opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. • Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach Markets and Markets™ for their pain points around revenues decisions. • MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. View Full Report @ https://tinyurl.com/y9cgwo4w

  8. How Markets & Markets is different? • Most-detailed market segmentation in the industry • In-depth analysis of patents and profiles of key market players providing a competitive landscape • Market data for segments such as technologies, services & applications across geographies • High level analysis of major market segments and identification of opportunities. View Full Report @ https://tinyurl.com/y9cgwo4w

  9. Contact Us: Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com View Full Report @ https://tinyurl.com/y9cgwo4w

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