The global gelcoat market is forecast to reach USD 1.95 Billion by 2026, according to a new report by Reports and Data. Gel coat is a low shrink, high grade, thixotropic liquid polyester resin. It is intended to create an opaque surface which completely blocks the glass pattern. The various formulations of the product for specific applications are highly glossy, opaque, and solid color. Polyester resins are mostly UV resistant, and adequately cured parts are waterproof. The product finds a wide range of applications in the marine industry, for boats, ships, and others. Gel Coat is generally available as a liquid and cures well. The growing demand from marine, wind energy, and transportation industries is one of the significant factors contributing to the growth of the market. The rising innovations in coating industry will also influence the growth of the market.
The COVID-19 pandemic has drastically altered the sectors of all the industry verticals across the world and has dynamically changed the economic scenario of the Gelcoat market. The report is furnished with extensive data on the market scenario and financial structure owing to the coronavirus pandemic. The report provides substantial data about the present and future impact of COVID-19 on the market. The report covers extensive analysis of present and future trends and the factors that are likely to influence the growth of the market in a post-pandemic scenario.
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The report aims to help readers and users improve their business performances by providing insightful data about the business sphere, such as recent technological development, product advancements, adoption of strategic business steps, and new processes. The report is formulated through exhaustive primary and secondary research which is verified and validated by industry experts, efficient analysts, and professionals.
The report offers an extensive analysis of the competitive landscape along with business overviews, expansion plans, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product and brand promotions, government and corporate deals, and partnerships, among others.
Leading Players Analyzed in the Report:
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, among others
Resin Type Outlook (Volume, Kilo Tons and Revenue, USD Billion; 2016-2026)
Polyester, Vinyl Ester, Epoxy, Others
Application Techniques Outlook (Volume, Kilo Tons and Revenue, USD Billion; 2016-2026)
Brush & Roller, Spray Gun, Others
Industry Vertical Outlook (Volume, Kilo Tons and Revenue, USD Billion; 2016-2026)
Building & Construction, Transportation, Wind energy, Aerospace & Defense, Marine, Others
Key Regions Studied in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The Global Gelcoat Market imparts a deeper understanding of the Gelcoat market by providing a panoramic view of the industry vertical. Furthermore, to offer a better understanding of the competitive landscape, extensive SWOT analysis and Porter’s Five Forces analysis are included in the report. Along with this, feasibility analysis and investment return analysis are also covered in the report.
Further, the report is fragmented on the basis of product types offered in the market, application spectrum, and key regions of the Gelcoat market. The segments are studies based on current and emerging trends in the Gelcoat market. The regional segment covers the key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The regions are studied for the production and consumption patterns, import/export analysis, supply and demand ratio, market share and size based on volume and value, trends and demands, revenue share, and presence of the key players of the market.
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