According to a market report by Lucintel, the future of the global gelcoat market looks promising with opportunities in the wind energy, marine, construction, transportation, and tank end uses. The global gelcoat market is expected to reach an estimated $3 billion by 2030 from $2 billion in 2023 at a CAGR of 4% from 2023 to 2030. The major drivers for this market are growing use of composite materials in different industries and performance benefits of gelcoat, such as UV protection, better surface appearance, etc.
Browse 85 figures/charts
and 58 tables in this 141-page to
understand trends, opportunity and
forecast in gelcoat market to 2030
by end use (wind energy, marine, construction, transportation,
tank, and others), resin chemistry (polyester, vinyl ester, epoxy, and others),
and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that construction will remain the largest end use segment over the
forecast period, supported by the growth of construction and rehabilitation in
the developing countries. Wind energy is expected to witness highest growth
over the forecast period.
Polyester
will remain the largest segment due to low cost and usage in wide application
area. Epoxy is expected to witness highest growth in the forecast period.
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sample by clicking on gelcoat market.
Asia
Pacific is expected to remain the largest region and it is also expected to
witness the highest growth over the forecast period due to increasing growth in
construction end use for the economic expansion in India and China.
Ineos
Composites, Scott Bader, Allnex, Bufa Composites Systems GmBH & Co. KG,
Polynt Group, HK Research Corporation are the major suppliers in the gelcoat market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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