Gelcoat - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Gelcoat Market is accounted for $1.09 billion in 2018 and is expected to reach $2.54 billion by 2027 growing at a CAGR of 9.9% during the forecast period. Some of the key factors influencing the market growth include an increase in demand for Gelcoat in the transportation industry, growing uses of glass fiber reinforced plastics across various end-use industries and rising demand for lightweight vehicles to increase fuel efficiency. However, the shift toward a closed molding process affecting the use of gelcoat is restraining the market growth.
Gelcoat is a high-quality finish on the visible surface of a fiber-reinforced composite. Gelcoats are modified resins which are applied to molds in the liquid state. Gel coated surface appears to be glossy after curing and offers superior properties such as flexibility, stiffness, strength, chemical resistance, corrosion resistance, weather resistance, and UV resistance, thus enhancing the durability of reinforced plastics substrate.
Amongst resin, 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.
By Geography, 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.
Some of the key players in global Gelcoat market are Bufa Composite Systems Gmbh, Poliya Composites Resins and Polymers, Eastman Chemical Company, Alpha Owens-Corning (AOC) Aliancys, BASF, Allnex, Ineos Enterprise, Scott Bader Company, Turkuaz Polyester, Ashland, Interplastic Corporation, HK Research Corporation, Polynt-Reichhold Group, Huntsman International, Synergys Technologies, and Sika Advanced Resins.
• Vinyl Ester
• Other Resins
• Specialty Gelcoat
• Standard Gelcoat
• Spray Gun
• Brush & Roller
• Other Applications
End Users Covered:
• Building and Construction
• Wind Energy
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
3 Market Trend Analysis
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Gelcoat Market, By Resin
5.2 Vinyl Ester
5.5 Other Resins
6 Global Gelcoat Market, By Type
6.2 Specialty Gelcoat
6.3 Standard Gelcoat
7 Global Gelcoat Market, By Application
7.2 Spray Gun
7.3 Brush & Roller
7.4 Other Applications
8 Global Gelcoat Market, By End User
8.2 Building and Construction
8.4 Wind Energy
8.8 Other End Users
8.8.1 Fiber Reinforced Plastic (FRP) Furniture
8.8.3 Food Additive Requirement
8.8.5 Aerospace & Defense
9 Global Gelcoat Market, By Geography
9.2 North America
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.5 Other Key Strategies
11 Company Profiling
11.1 Bufa Composite Systems Gmbh
11.2 Poliya Composites Resins and Polymers
11.3 Eastman Chemical Company
11.4 Alpha Owens-Corning (AOC) Aliancys
11.7 Ineos Enterprise
11.8 Scott Bader Company
11.9 Turkuaz Polyester
11.11 Interplastic Corporation
11.12 HK Research Corporation
11.13 Polynt-Reichhold Group
11.14 Huntsman International
11.15 Synergys Technologies
11.16 Sika Advanced Resins
List of Tables
1 Global Gelcoat Market Outlook, By Region (2017-2027) ($MN)
2 Global Gelcoat Market Outlook, By Resin (2017-2027) ($MN)
3 Global Gelcoat Market Outlook, By Vinyl Ester (2017-2027) ($MN)
4 Global Gelcoat Market Outlook, By Epoxy (2017-2027) ($MN)
5 Global Gelcoat Market Outlook, By Polyester (2017-2027) ($MN)
6 Global Gelcoat Market Outlook, By Other Resins (2017-2027) ($MN)
7 Global Gelcoat Market Outlook, By Polyurethane (2017-2027) ($MN)
8 Global Gelcoat Market Outlook, By Acrylic (2017-2027) ($MN)
9 Global Gelcoat Market Outlook, By Phenolic (2017-2027) ($MN)
10 Global Gelcoat Market Outlook, By Type (2017-2027) ($MN)
11 Global Gelcoat Market Outlook, By Specialty Gelcoat (2017-2027) ($MN)
12 Global Gelcoat Market Outlook, By Standard Gelcoat (2017-2027) ($MN)
13 Global Gelcoat Market Outlook, By Application (2017-2027) ($MN)
14 Global Gelcoat Market Outlook, By Spray Gun (2017-2027) ($MN)
15 Global Gelcoat Market Outlook, By Brush & Roller (2017-2027) ($MN)
16 Global Gelcoat Market Outlook, By Other Applications (2017-2027) ($MN)
17 Global Gelcoat Market Outlook, By End User (2017-2027) ($MN)
18 Global Gelcoat Market Outlook, By Building and Construction (2017-2027) ($MN)
19 Global Gelcoat Market Outlook, By Transportation (2017-2027) ($MN)
20 Global Gelcoat Market Outlook, By Wind Energy (2017-2027) ($MN)
21 Global Gelcoat Market Outlook, By Marine (2017-2027) ($MN)
22 Global Gelcoat Market Outlook, By Energy (2017-2027) ($MN)
23 Global Gelcoat Market Outlook, By Automotive (2017-2027) ($MN)
24 Global Gelcoat Market Outlook, By Other End Users (2017-2027) ($MN)
25 Global Gelcoat Market Outlook, By Fiber Reinforced Plastic (FRP) Furniture (2017-2027) ($MN)
26 Global Gelcoat Market Outlook, By Tanks (2017-2027) ($MN)
27 Global Gelcoat Market Outlook, By Food Additive Requirement (2017-2027) ($MN)
28 Global Gelcoat Market Outlook, By Tooling (2017-2027) ($MN)
29 Global Gelcoat Market Outlook, By Aerospace & Defense (2017-2027) ($MN)
30 Global Gelcoat Market Outlook, By Pipes (2017-2027) ($MN)
31 Global Gelcoat Market Outlook, By Sanitary (2017-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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