The future of the gelcoat market looks attractive with opportunities in the wind energy, marine,construction, tanks, and transportation industries. The global gelcoat market is expected to reachan estimated $1.04 billion by 2022 and is forecast to grow at a CAGR of 4.4% from 2017 to 2022.
Growth in marine, wind and construction industries is driving gelcoat consumption.
Polyester, vinyl ester, and epoxy gelcoats are mainly used in this market. Lucintel forecasts thatthe polyester gelcoat is expected to remain the largest segment due to low cost and wideapplication area. Epoxy gelcoat is expected to witness the highest growth in the forecast periodsupported by the growth of wind energy industry.
Within the gelcoat market, marine is expected to remain the largest end use industry. The windenergy industry is expected to witness the highest growth during the forecast period, supported bythe increasing installation of wind turbines.
This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in this market.
This report will save hundreds of hours of your own personal research time and will significantlybenefit you in expanding your business in this market. In today’s challenging economy, you needevery advantage that you can find.
Scope and Features of This Report:
To make critical business, investment, or strategic decisions, you need timely useful information.
This market report fulfills this core need and is an indispensable reference guide for materialsuppliers, product manufacturers, investors, executives, distributors, and more that operate in thismarket. Some of the features and scope of this report include the following: Market size estimates: Growth opportunities in the global gelcoat market in terms of value($M) and volume (Million Pounds) shipment. Trend and forecast analysis: Global gelcoat market trend (2011-2016) and forecast(2017-2022) by region and segment Segmentation analysis: Global gelcoat market size from 2011 to 2022 by end useindustry type, resin chemistry type, and region as follows: Global gelcoat market size by end use industry type: Wind Marine Construction Transportation Tanks Others Global gelcoat market size by resin chemistry type: Polyester Vinylester Epoxy Others Global gelcoat market size by region type: North America US Europe Russia France Germany Italy Asia Pacific China India Japan The Rest of the World Brazil Regional analysis: Global gelcoat market breakdown by key regions of North America,
Europe, Asia Pacific, and the Rest of the World Growth opportunities: Analysis of growth opportunities in end use industry, and resinchemistry. Strategic analysis: This includes M&A, new product development, competitive landscape,and expansion strategies of global gelcoat suppliers. Emerging applications: Emerging applications of gelcoat in the global gelcoat market.
Analysis of the competitive intensity of the industry based on Porter’s Five Forces model.