1 / 9

Gelcoat Market worth $1.7 billion by 2024

The gelcoat market is projected to grow from USD 1.2 billion in 2019 to USD 1.7 billion by 2024, at a CAGR of 8.0% between 2019 and 2024. The market is growing due to the high demand from wind energy, construction, transportation, and marine industries.

Researchindustryexpert
Download Presentation

Gelcoat Market worth $1.7 billion by 2024

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Gelcoat Market Gelcoat Market worth USD 1.7 billion by 2024 View Full Report @ https://bit.ly/2I30g0q

  2. Introduction • The report "Gelcoat Market by Resin Type (Polyester, Vinyl Ester, Epoxy), End Use Industry (Marine, Transportation, Construction, Wind Energy), Region (North America, Asia Pacific, Europe, Middle East & Africa and Latin America)-Global Forecast to 2024" • The gelcoat market is expected to grow from USD 1.2 billion in 2019 to USD 1.7 billion by 2024, at a CAGR of 8.0% during the forecast period. View Full Report @ https://bit.ly/2I30g0q

  3. Marine is expected to the largest end-use industry of gelcoat till 2024 • Glass fiber reinforced plastics are widely used in the marine industry. Entire decks and complete ship hulls for powerboats or sailing/motor yachts are completely made up of high-quality glass fiber reinforced plastics. • The use of fiber reinforced plastics increases the usage of gelcoat in the marine industry as gelcoat improves the aesthetic quality of fiberglass products and provides corrosion resistance to structural layered materials. • Sunlight and harmful UV radiation lead to loss of gloss and color change. Therefore, the use of gelcoat in the marine industry needs to be based on its durability and resistance to sunlight and moisture. • Gelcoat is used in various applications in the marine industry, such as yachts, boat hulls, boat decks, and hatches. View Full Report @ https://bit.ly/2I30g0q

  4. Polyester resin accounted for a major share in the gelcoat market by 2024 • Polyester is the most widely used resin for gelcoat. Polyester resin is easily available and has a low price. • It also offers various useful properties such as resistance to water and chemicals and low shrinkage. • These properties enable the polyester resin-based gelcoat to be widely used in the marine and construction industries. Polyester resins used in gelcoats offer durability to molds and parts. View Full Report @ https://bit.ly/2I30g0q

  5. Regional Insights • APAC is a key gelcoat market. • The booming transportation and construction industries are responsible for the growth of the gelcoat market in the region. • China is one of the prominent consumers of gelcoat in the region. • The country has become the single-largest consumer of gelcoat in the wind energy industry and is expected to strengthen its position further. • APAC has a presence of major gelcoat manufacturers such as Satyen Polymers and Vikram Resins and Polymers. View Full Report @ https://bit.ly/2I30g0q

  6. Key Players • The gelcoat market comprises major solution providers, such as Ineos Enterprise (UK), Bufa Composite Systems GmbH (Germany), HK Research Corporation (US), Allnex (Germany), Scott Bader Company (UK), Poliya Composites Resins and Polymers (Turkey), Interplastic Corporation (US), Alpha Owens Corning (AOC) Aliancys (US), Polynt-Reichhold Group (US), and Turkuaz Polyester (Turkey). The study includes an in-depth competitive analysis of these key players in the gelcoat market, with their company profiles, recent developments, and key market strategies. View Full Report @ https://bit.ly/2I30g0q

  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://bit.ly/2I30g0q

  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://bit.ly/2I30g0q

  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://bit.ly/2I30g0q

More Related