+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Gelcoat Market Size, Share & Analysis, By Resin Type (Polyester, Vinyl Ester, Epoxy, and Others), By Application Technique (Brush or Roller, Spray Gun, and Others), By Industry Vertical, and By Region, Forecast To 2028

  • ID: 5313921
  • Report
  • April 2021
  • Region: Global
  • 265 pages
  • Reports and Data

FEATURED COMPANIES

  • Ashland
  • Bang and Bonsomer
  • CCP Composites
  • HK Research Corporation
  • Nuplex Industries Ltd.
  • Reichhold LLC
  • MORE
Increasing number of applications in various industries such as wind, construction, navy, as well as transportation is a key factor driving market revenue growth.

Market Size - USD 994.9 Million in 2020, Market Growth - CAGR of 12.5%, Market Trends - Rising investment in R&D and advanced technologies by major players.

The global gelcoat market size is expected to reach USD 1,340.3 Million in 2028, and register a CAGR of 12.5% during the forecast period. Increasing consumption of gelcoat as surface coating for fiberglass parts of boats, restaurant seats, bathtubs, etc. and growing demand for the product due to its aesthetic appearance and protection of underlying laminated structure are major factors expected to drive market growth to significant extent.

Gelcoats are less expensive than marine paints, exceptionally resistant to cracking and peeling, and are chemically stable, making it durable, hence these products are highly preferred in marine industry. In automotive industry, gelcoats are applied on automobile components to make it lightweight, thus, increase fuel efficiency of the vehicle. Gelcoats offer resistance to water, osmosis, chemicals, UV-rays, and damages.

Shifting preference for use of closed molding process over open molding process is expected to have a negative impact on adoption of gelcoat, and lowering adoption of polymeric top coating (PTC) for application on wind turbines are major factors that could hamper market growth. In addition, stringent government regulations concerning use of gelcoats and environment safety could hamper market growth.

Some Key Findings From the Report:
  • Among the resin type segments, the polyester resins segment accounted for the largest revenue share in 2020. The epoxy resins segment is expected to register the highest revenue growth rate during the forecast period.
  • Among the industry vertical segments, the marine segment accounted for the largest revenue share in the global market in 2020. The automotive industry segment is expected to register the highest revenue growth rate during the forecast period.
  • The Asia Pacific market accounted for substantially high revenue share in the global market in 2020, and is expected to register the highest revenue growth rate during the forecast period.
  • Companies profiled in the market report include Bang and Bonsomer, Synergys Technologies, Alpha Owens-Corning (AOC) Resins, Ashland, Nuplex Industries Ltd., HK Research, CCP Composites, Reichhold LLC, Axson Technologies, Fibre Glass Development Corporation, Scott Bader. Ashland Inc., HK Research Corporation, BUFA GmbH & Co. KG, Polynt S.p.A, Nuplex Industries Ltd., Reichhold LLC, and Scott Bader Company Limited. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global gelcoat market has been segmented on the basis of resin type, application technique, industry vertical, and region:

Resin Type Outlook
  • Polyester
  • Vinyl Ester
  • Epoxy
  • Others
Application Technique Outlook
  • Brush & Roller
  • Spray Gun
  • Others
Industry Vertical Outlook
  • Building & Construction
  • Transportation
  • Wind energy
  • Aerospace & Defense
  • Marine
  • Others
Region Outlook
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Benelux
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Rest of Latin America
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of Middle East & Africa
Reasons to Buy the Report
  • A robust analysis and estimation of the Gelcoat Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
  • A holistic competitive landscape of the all the major players in Gelcoat Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
  • Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
  • Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
  • Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Ashland
  • Bang and Bonsomer
  • CCP Composites
  • HK Research Corporation
  • Nuplex Industries Ltd.
  • Reichhold LLC
  • MORE
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020 - 2028

Chapter 3. Indicative Metrics

Chapter 4. Gelcoat Market Segmentation & Impact Analysis
4.1. Gelcoat Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing demand from marine, wind energy, and transportation industries
4.2.2.2. Rising innovations in coating industry
4.2.3. Market restraints analysis
4.2.3.1. Stringent regulations
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis

Chapter 5. Gelcoat Market By Resin Type Insights & Trends
5.1. Resin Type dynamics & Market Share, 2021 & 2028
5.2. Polyester
5.2.1. Market estimates and forecast, 2018 - 2028 (USD Million) (Kilo Tons)
5.2.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million) (Kilo Tons)
5.3. Vinyl Ester
5.3.1. Market estimates and forecast, 2018 - 2028 (USD Million) (Kilo Tons)
5.3.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million) (Kilo Tons)
5.4. Epoxy
5.4.1. Market estimates and forecast, 2018 - 2028 (USD Million) (Kilo Tons)
5.4.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million) (Kilo Tons)
5.5. Others
5.5.1. Market estimates and forecast, 2018 - 2028 (USD Million) (Kilo Tons)
5.5.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million) (Kilo Tons)

Chapter 6. Gelcoat Market By Application Techniques Insights & Trends
6.1. Application Techniques Dynamics & Market Share, 2021 & 2028
6.2. Brush & Roller
6.2.1. Market estimates and forecast, 2018 - 2028 (USD Million) (Kilo Tons)
6.2.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million) (Kilo Tons)
6.3. Spray Gun
6.3.1. Market estimates and forecast, 2018 - 2028 (USD Million) (Kilo Tons)
6.3.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million) (Kilo Tons)
6.4. Others
6.4.1. Market estimates and forecast, 2018 - 2028 (USD Million) (Kilo Tons)
6.4.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million) (Kilo Tons)

Chapter 7. Gelcoat Market By Industry Vertical Insights & Trends
7.1. Industry Vertical Dynamics & Market Share, 2021 & 2028
7.2. Building & Construction
7.2.1. Market estimates and forecast, 2018 - 2028 (USD Million) (Kilo Tons)
7.2.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million) (Kilo Tons)
7.3. Transportation
7.3.1. Market estimates and forecast, 2018 - 2028 (USD Million) (Kilo Tons)
7.3.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million) (Kilo Tons)
7.4. Wind energy
7.4.1. Market estimates and forecast, 2018 - 2028 (USD Million) (Kilo Tons)
7.4.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million) (Kilo Tons)
7.5. Aerospace & Defense
7.5.1. Market estimates and forecast, 2018 - 2028 (USD Million) (Kilo Tons)
7.5.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million) (Kilo Tons)
7.6. Marine
7.6.1. Market estimates and forecast, 2018 - 2028 (USD Million) (Kilo Tons)
7.6.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million) (Kilo Tons)
7.7. Others
7.7.1. Market estimates and forecast, 2018 - 2028 (USD Million) (Kilo Tons)
7.7.2. Market estimates and forecast, by region, 2018 - 2028 (USD Million) (Kilo Tons)

Chapter 8. Gelcoat Market Regional Outlook
8.1. Gelcoat Market share by region, 2021 & 2028
8.2. North America
8.2.1. North America Gelcoat Market estimates and forecast, 2018 - 2028, (USD Million) (Kilo Tons)
8.2.2. North America Gelcoat Market estimates and forecast By Resin Type, 2018 - 2028, (USD Million) (Kilo Tons)
8.2.3. North America Gelcoat Market estimates and forecast by Application Technique, 2018 - 2028, (USD Million) (Kilo Tons)
8.2.4. North America Gelcoat Market estimates and forecast by Industry Vertical, 2018 - 2028, (USD Million) (Kilo Tons)
8.2.5. U.S.
8.2.5.1. U.S. Gelcoat Market estimates and forecast, 2018 - 2028, (USD Million) (Kilo Tons)
8.2.5.2. U.S. Gelcoat Market estimates and forecast By Resin Type, 2018 - 2028, (USD Million) (Kilo Tons)
8.2.5.3. U.S. Gelcoat Market estimates and forecast by Application Technique, 2018 - 2028, (USD Million) (Kilo Tons)
8.2.5.4. U.S. Gelcoat Market estimates and forecast by Industry Vertical, 2018 - 2028, (USD Million) (Kilo Tons)
8.3. Europe
8.3.1. Europe Gelcoat Market estimates and forecast, 2018 - 2028, (USD Million) (Kilo Tons)
8.3.2. Europe Gelcoat Market estimates and forecast By Resin Type, 2018 - 2028, (USD Million) (Kilo Tons)
8.3.3. Europe Gelcoat Market estimates and forecast by Application Technique, 2018 - 2028, (USD Million) (Kilo Tons)
8.3.4. Europe Gelcoat Market estimates and forecast by Industry Vertical, 2018 - 2028, (USD Million) (Kilo Tons)
8.3.5. U.K.
8.3.5.1. U.K. Gelcoat Market estimates and forecast, 2018 - 2028, (USD Million) (Kilo Tons)
8.3.5.2. U.K. Gelcoat Market estimates and forecast By Resin Type, 2018 - 2028, (USD Million) (Kilo Tons)
8.3.5.3. U.K. Gelcoat Market estimates and forecast by Application Technique, 2018 - 2028, (USD Million) (Kilo Tons)
8.3.5.4. U.K. Gelcoat Market estimates and forecast by Industry Vertical, 2018 - 2028, (USD Million) (Kilo Tons)
8.3.6. France
8.3.6.1. France Gelcoat Market estimates and forecast, 2018 - 2028, (USD Million) (Kilo Tons)
8.3.6.2. France Gelcoat Market estimates and forecast By Resin Type, 2018 - 2028, (USD Million) (Kilo Tons)
8.3.6.3. France Gelcoat Market estimates and forecast by Application Technique, 2018 - 2028, (USD Million) (Kilo Tons)
8.3.6.4. France Gelcoat Market estimates and forecast by Industry Vertical, 2018 - 2028, (USD Million) (Kilo Tons)
8.4. Asia-Pacific
8.4.1. Asia-Pacific Gelcoat Market estimates and forecast, 2018 - 2028, (USD Million) (Kilo Tons)
8.4.2. Asia-Pacific Gelcoat Market estimates and forecast By Resin Type, 2018 - 2028, (USD Million) (Kilo Tons)
8.4.3. Asia-Pacific Gelcoat Market estimates and forecast by Application Technique, 2018 - 2028, (USD Million) (Kilo Tons)
8.4.4. Asia-Pacific Gelcoat Market estimates and forecast by Industry Vertical, 2018 - 2028, (USD Million) (Kilo Tons)
8.4.5. China
8.4.5.1. China Gelcoat Market estimates and forecast, 2018 - 2028, (USD Million) (Kilo Tons)
8.4.5.2. China Gelcoat Market estimates and forecast By Resin Type, 2018 - 2028, (USD Million) (Kilo Tons)
8.4.5.3. China Gelcoat Market estimates and forecast by Application Technique, 2018 - 2028, (USD Million) (Kilo Tons)
8.4.5.4. China Gelcoat Market estimates and forecast by Industry Vertical, 2018 - 2028, (USD Million) (Kilo Tons)
8.4.6. India
8.4.6.1. India Gelcoat Market estimates and forecast, 2018 - 2028, (USD Million) (Kilo Tons)
8.4.6.2. India Gelcoat Market estimates and forecast By Resin Type, 2018 - 2028, (USD Million) (Kilo Tons)
8.4.6.3. India Gelcoat Market estimates and forecast by Application Technique, 2018 - 2028, (USD Million) (Kilo Tons)
8.4.6.4. India Gelcoat Market estimates and forecast by Industry Vertical, 2018 - 2028, (USD Million) (Kilo Tons)
8.4.7. Japan
8.4.7.1. Japan Gelcoat Market estimates and forecast, 2018 - 2028, (USD Million) (Kilo Tons)
8.4.7.2. Japan Gelcoat Market estimates and forecast By Resin Type, 2018 - 2028, (USD Million) (Kilo Tons)
8.4.7.3. Japan Gelcoat Market estimates and forecast by Application Technique, 2018 - 2028, (USD Million) (Kilo Tons)
8.4.7.4. Japan Gelcoat Market estimates and forecast by Industry Vertical, 2018 - 2028, (USD Million) (Kilo Tons)
8.5. Middle East and Africa
8.5.1. Middle East and Africa Gelcoat Market estimates and forecast, 2018 - 2028, (USD Million) (Kilo Tons)
8.5.2. Middle East and Africa Gelcoat Market estimates and forecast By Resin Type, 2018 - 2028, (USD Million) (Kilo Tons)
8.5.3. Middle East and Africa Gelcoat Market estimates and forecast by Application Technique, 2018 - 2028, (USD Million) (Kilo Tons)
8.5.4. Middle East and Africa Gelcoat Market estimates and forecast by Industry Vertical, 2018 - 2028, (USD Million) (Kilo Tons)
8.6. Latin America
8.6.1. Latin America Gelcoat Market estimates and forecast, 2018 - 2028, (USD Million) (Kilo Tons)
8.6.2. Latin America Gelcoat Market estimates and forecast By Resin Type, 2018 - 2028, (USD Million) (Kilo Tons)
8.6.3. Latin America Gelcoat Market estimates and forecast by Application Technique, 2018 - 2028, (USD Million) (Kilo Tons)
8.6.4. Latin America Gelcoat Market estimates and forecast by Industry Vertical, 2018 - 2028, (USD Million) (Kilo Tons)
8.6.5. Brazil
8.6.5.1. Brazil Gelcoat Market estimates and forecast, 2018 - 2028, (USD Million) (Kilo Tons)
8.6.5.2. Brazil Gelcoat Market estimates and forecast By Resin Type, 2018 - 2028, (USD Million) (Kilo Tons)
8.6.5.3. Brazil Gelcoat Market estimates and forecast by Application Technique, 2018 - 2028, (USD Million) (Kilo Tons)
8.6.5.4. Brazil Gelcoat Market estimates and forecast by Industry Vertical, 2018 - 2028, (USD Million) (Kilo Tons)

Chapter 9. Competitive Landscape
9.1. Market Revenue Share by Manufacturers
9.2. Manufacturing Cost Breakdown Analysis
9.3. Mergers & Acquisitions
9.4. Market positioning
9.5. Strategy Benchmarking
9.6. Vendor Landscape

Chapter 10. Company Profiles
10.1. Ineos Enterprise
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Technology Insights
10.1.4. Strategic Initiatives
10.2. Bufa Composite Systems GmbH
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Technology Insights
10.2.4. Strategic Initiatives
10.3. HK Research Corporation
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Technology Insights
10.3.4. Strategic Initiatives
10.4. Allnex
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Technology Insights
10.4.4. Strategic Initiatives
10.5. Scott Bader Company
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Technology Insights
10.5.4. Strategic Initiatives
10.6. Poliya Composites Resins and Polymer
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Technology Insights
10.6.4. Strategic Initiatives
10.7. Interplastic Corporation
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Technology Insights
10.7.4. Strategic Initiatives
10.8. Alpha Owens Corning (AOC) Aliancys
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Technology Insights
10.8.4. Strategic Initiatives
10.9. Polynt-Reichhold Group
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Technology Insights
10.9.4. Strategic Initiatives
10.10. Turkuaz Polyester
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Technology Insights
10.10.4. Strategic Initiatives
Note: Product cover images may vary from those shown
  • Bang and Bonsomer
  • Synergys Technologies
  • Alpha Owens-Corning (AOC) Resins
  • Ashland
  • Nuplex Industries Ltd.
  • HK Research
  • CCP Composites
  • Reichhold LLC
  • Axson Technologies
  • Fibre Glass Development Corporation
  • Scott Bader. Ashland Inc.
  • HK Research Corporation
  • BUFA GmbH & Co. KG
  • Polynt S.p.A
  • Nuplex Industries Ltd.
  • Reichhold LLC
  • Scott Bader Company Limited
Note: Product cover images may vary from those shown
Adroll
adroll