Global Gelcoat Market Research Report Forecat 2030

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The global gelcoat market is anticipated to register a healthy CAGR of 6.6% to surpass a market value of USD 2,236.1 million by the end of 2030.

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Global Gelcoat Market Research Report Forecast 2030

Market Overview
The global gelcoat market is anticipated to register a healthy CAGR of 6.6% to surpass a market value of USD 2,236.1 million by the end of 2030. Developing interest from the auto and transportation industry: the auto and transportation industry possesses a critical offer in the Gelcoat market. To consent to government controls and further develop vehicle eco-friendliness, automakers in districts are zeroing in on creating lightweight vehicles with composites to limit carbon dioxide (co2) discharges, which adversely affect the worldwide environment. Gelcoats are used to keep up with and improve the tasteful allure of these composite parts components.

Gelcoat is a kind of coat commonly applied to fibre-supported plastics to give a defensive layer and increment the stylish allure of the substrate. It is made from tar, filler, and colour. Different kinds of saps ordinarily utilized in Gelcoat detailing are polyester, vinyl ester, and epoxy. Gelcoat offers special properties and attributes like obstruction against consumption, UV debasement, water assimilation, and rankle and break, and polished finish. Gelcoat can be applied by both brush and shower structure so that proper thickness can be covered on composite material to keep away from harm in different circumstances.

Market Segmentation
The market segmentation of global Gelcoat market is given below
By Resin
• Polyester gelcoat
• Epoxy gelcoat
• Others

By Application
• Construction & architecture
o Commercial
o Residential
o Industrial
Healthcare & medical
o Hospitality
o Retail
• Automotive & transportation
o Electric vehicles
o Gas powered vehicles
o others
• Food & beverages
• Electrical & electronics
o Visual communication
o Others
Sanitary ware
o Commercial
o Residential
o Industrial
• Marine
Aerospace & defense
o Glazing
o Windows
o Partitions
o Others
• Others

Regional Analysis
North America represented a huge piece of the all-out gelcoat market in 2020. During the estimate time frame, the propensity is supposed to proceed.
Europe represents the huge offer in the worldwide market for gelcoat, which is seeing a resurgence in the oceanic business because of the critical change of the shipbuilding business. The interest in gelcoat in the area is driven by developing interest in development area.

Geographically, the Asia-Pacific market for gelcoats is supposed to be the biggest and quickest developing during the figure time frame, with China, Japan, India, and Australia being the noticeable nations with promising development possibilities. The market is being driven by the rising transportation and development areas, as well as the presence of critical gelcoat makers like Satyen Polymers and Vikram Resins and Polymers around here.

South America gelcoat market is driven by developing interest from end-use industry like development, marine, and car and transportation among others. Particularly, the district is seeing expanded request from development area. Middle East gelcoat market is driven by rising interest from car and transportation, power and energy and development industry.

Major Players
The major companies profiled in the market are INEOS Composites, Revex Group, Azelis Americas CASE, CF Composites, Polynt, Astrra Chemicals, Bufa Composite Systems GmbH, Aypols Polymers Pvt. Ltd., Scott Bader, Tuff Bond Industrial Adhesives Pvt. Ltd., GRP Factors Ltd., Multi-Tech Products, Satyen Polymers, Graco Inc.RESOLTECH and Vikram Resins and Polymers.

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Table of Contents

TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 14
1.1 GLOBAL GELCOAT MARKET, BY RESIN 15
1.2 GLOBAL GELCOAT MARKET, BY APPLICATION 16
1.3 GLOBAL GELCOAT MARKET, BY REGION 17
2 MARKET INTRODUCTION 18
2.1 DEFINITION 18
2.2 SCOPE OF THE STUDY 18
2.3 MARKET STRUCTURE 19
2.4 KEY BUYING CRITERIA 20
3 RESEARCH METHODOLOGY 21
3.1 RESEARCH PROCESS 21
3.2 PRIMARY RESEARCH 22
3.3 SECONDARY RESEARCH 23
3.4 MARKET SIZE ESTIMATION 23
3.5 TOP DOWN & BOTTOM-UP APPROACH 24
3.6 FORECAST MODEL 25
3.7 LIST OF ASSUMPTIONS 26
4 MARKET DYNAMICS 27
4.1 INTRODUCTION 27
4.2 DRIVERS 28
4.2.1 GROWING DEMAND FROM AUTOMOTIVE AND TRANSPORTATION INDUSTRY 28
4.2.2 USEFUL PROPERTIES OF GELCOAT 28
4.2.3 DRIVERS IMPACT ANALYSIS 29
4.3 RESTRAINTS 29
4.3.1 GROWING SHIFT TOWARDS CLOSED MOLDING PROCESS 29
4.3.2 RESTRAINTS IMPACT ANALYSIS 30
4.4 OPPORTUNITIES 30
4.4.1 INCREASING DEMAND FROM ASIA PACIFIC REGION 30
4.5 CHALLENGES 30
4.5.1 STRINGENT GOVERNMENT REGULATIONS FOR GELCOAT MANUFACTURERES 30
4.6 IMPACT OF COVID-19 31
4.6.1 IMPACT 0N OVERALL GELCOAT MARKET 31
4.6.1.1 ECONOMIC IMPACT 31
4.6.2 SUPPLY IMPACT ON SUPPLY CHAIN OF GELCOAT 31
4.6.2.1 IMPACT ON MANUFACTURER/DEVELOPER 31
4.6.2.2 IMPACT ON COMPONENT/SERVICES SUPPLIER 31
4.6.2.3 IMPACT ON DISTRIBUTION/LOGISTICS 31
4.6.2.4 IMPACT ON CONSUMER 32
5 MARKET FACTOR ANALYSIS 33
5.1 SUPPLY/VALUE CHAIN ANALYSIS 33
5.1.1 R&D 33
5.1.2 MANUFACTURING 34
5.1.3 DISTRIBUTION & SALES 34
5.1.4 POST-SALES MONITORING 34
5.2 PORTER’S FIVE FORCES MODEL 35
5.2.1 THREAT OF NEW ENTRANTS 35
5.2.2 BARGAINING POWER OF SUPPLIERS 35
5.2.3 BARGAINING POWER OF BUYERS 36
5.2.4 THREAT OF SUBSTITUTES 36
5.2.5 INTENSITY OF RIVALRY 36
6 GLOBAL GELCOAT MARKET, BY RESIN 37
6.1 OVERVIEW 37
6.2 Polyester Gelcoat
6.3 Epoxy Gelcoat
6.4 Others
7 GLOBAL GELCOAT MARKET, BY APPLICATION 40
7.1 OVERVIEW 40
7.2 Construction & Architecture
7.3 Healthcare & Medical
7.4 Hospitality
7.5 Retail
7.6 Automotive & Transportation
7.7 Food & Beverages,
7.8 Electrical & Electronics
7.9 Sanitaryware
7.10 Marine
7.11 Aerospace & Defence
7.12 Others
8 GLOBAL GELCOAT MARKET, BY REGION 47
8.1 OVERVIEW 47
8.2 NORTH AMERICA 48
8.2.1 U.S. 51
8.2.2 CANADA 53
8.3 EUROPE 56
8.3.1 GERMANY 59
8.3.2 UK 61
8.3.3 ITALY 63
8.3.4 FRANCE 65
8.3.5 SPAIN 67
8.3.6 REST OF EUROPE 69
8.4 ASIA PACIFIC 71
8.4.1 CHINA 74
8.4.2 JAPAN 76
8.4.3 INDIA 78
8.4.4 SOUTH KOREA 80
8.4.5 REST OF ASIA PACIFIC 82
8.5 LATIN AMERICA 84
8.5.1 BRAZIL 87
8.5.2 MEXICO 89
8.5.3 REST OF LATIN AMERICA 91
8.6 MIDDLE EAST & AFRICA 93
8.6.1 GCC COUNTRIES 96
8.6.2 SOUTH AFRICA 98
8.6.3 REST OF MIDDLE EAST & AFRICA 100
9 COMPETITIVE LANDSCAPE 102
9.1 COMPETITIVEOVERVIEW 102
9.2 COMPETITIVE BENCHMARKING 103
9.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 104
9.3.1 NEW PRODUCT LAUNCH/ DEVELOPMENT 104
9.3.2 PARTNERSHIP AND ACQUISITION 104
9.3.3 BUSINESS EXPANSION 105
9.3.4 OTHERS STRATEGIES 106
10 COMPANY PROFILES 107
10.1 COMPOSITES ONE 107
10.1.1 COMPANY OVERVIEW 107
10.1.2 PRODUCTS OFFERINGS 107
10.1.3 KEY DEVELOPMENTS 108
10.1.4 SWOT ANALYSIS 109
10.1.5 KEY STRATEGIES 109
10.2 INEOS COMPOSITES 110
10.2.1 COMPANY OVERVIEW 110
10.2.2 PRODUCTS OFFERINGS 110
10.2.3 KEY DEVELOPMENTS 111
10.2.4 SWOT ANALYSIS 111
10.2.5 KEY STRATEGIES 112
10.3 REVEX GROUP 113
10.3.1 COMPANY OVERVIEW 113
10.3.2 PRODUCTS OFFERINGS 113
10.3.3 SWOT ANALYSIS 114
10.3.4 KEY STRATEGIES 114
10.4 AZELIS AMERICAS CASE 115
10.4.1 COMPANY OVERVIEW 115
10.4.2 PRODUCTS OFFERINGS 115
10.4.3 SWOT ANALYSIS 116
10.4.4 KEY STRATEGIES 116
10.5 CF COMPOSITES 117
10.5.1 COMPANY OVERVIEW 117
10.5.2 PRODUCTS OFFERINGS 117
10.5.3 SWOT ANALYSIS 118
10.5.4 KEY STRATEGIES 118
10.6 TUFF BOND INDUSTRIAL ADHESIVES PVT. LTD. 119
10.6.1 COMPANY OVERVIEW 119
10.6.2 PRODUCTS OFFERINGS 119
10.6.3 SWOT ANALYSIS 120
10.6.4 KEY STRATEGIES 120
10.7 GRP FACTORS LTD. 121
10.7.1 COMPANY OVERVIEW 121
10.7.2 PRODUCTS OFFERINGS 121
10.7.3 SWOT ANALYSIS 122
10.7.4 KEY STRATEGIES 122
10.8 MULTI-TECH PRODUCTS 123
10.8.1 COMPANY OVERVIEW 123
10.8.2 PRODUCTS OFFERINGS 123
10.8.3 SWOT ANALYSIS 124
10.8.4 KEY STRATEGIES 125
10.9 SATYEN POLYMERS 126
10.9.1 COMPANY OVERVIEW 126
10.9.2 PRODUCTS OFFERINGS 126
10.9.3 SWOT ANALYSIS 127
10.9.4 KEY STRATEGIES 127
10.10 POLYNT 128
10.10.1 COMPANY OVERVIEW 128
10.10.2 PRODUCTS OFFERINGS 128
10.10.3 KEY DEVELOPMENTS 130
10.10.4 SWOT ANALYSIS 131
10.10.5 KEY STRATEGIES 131
10.11 ASTRRA CHEMICALS 133
10.11.1 COMPANY OVERVIEW 133
10.11.2 PRODUCTS OFFERINGS 133
10.11.3 SWOT ANALYSIS 134
10.11.4 KEY STRATEGIES 134
10.12 BUFA COMPOSITE SYSTEMS GMBH 135
10.12.1 COMPANY OVERVIEW 135
10.12.2 PRODUCTS OFFERINGS 135
10.12.3 KEY DEVELOPMENTS 136
10.12.4 SWOT ANALYSIS 136
10.12.5 KEY STRATEGIES 137
10.13 AYPOLS POLYMERS PVT. LTD. 138
10.13.1 COMPANY OVERVIEW 138
10.13.2 PRODUCTS OFFERINGS 138
10.13.3 SWOT ANALYSIS 139
10.13.4 KEY STRATEGIES 139
10.14 SCOTT BADER 140
10.14.1 COMPANY OVERVIEW 140
10.14.2 FINANCIAL OVERVIEW 140
10.14.3 PRODUCTS OFFERINGS 141
10.14.4 KEY DEVELOPMENTS 142
10.14.5 SWOT ANALYSIS 143
10.14.6 KEY STRATEGIES 143
10.15 GRACO INC. 144
10.15.1 COMPANY OVERVIEW 144
10.15.2 FINANCIAL OVERVIEW 144
10.15.3 PRODUCTS OFFERINGS 145
10.15.4 SWOT ANALYSIS 145
10.15.5 KEY STRATEGIES 146
10.16 RESOLTECH 147
10.16.1 COMPANY OVERVIEW 147
10.16.2 PRODUCTS OFFERINGS 147
10.16.3 SWOT ANALYSIS 148
10.16.4 KEY STRATEGIES 148
10.17 VIKRAM RESINS AND POLYMERS 149
10.17.1 COMPANY OVERVIEW 149
10.17.2 PRODUCTS OFFERINGS 149
10.17.3 SWOT ANALYSIS 150
10.17.4 KEY STRATEGIES 150

Companies Mentioned

INEOS Composites, Revex Group, Azelis Americas CASE, CF Composites, Polynt, Astrra Chemicals, Bufa Composite Systems GmbH, Aypols Polymers Pvt. Ltd., Scott Bader, Tuff Bond Industrial Adhesives Pvt. Ltd., GRP Factors Ltd., Multi-Tech Products, Satyen Polymers, Graco Inc.RESOLTECH and Vikram Resins and Polymers

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