Market Overview:
The global gelcoating market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for gelcoated products from end-use industries such as marine, wind, construction, and transportation. In terms of type, the polyester segment is expected to lead the global gelcoating market during the forecast period. This can be attributed to its properties such as high chemical resistance and good adhesion with substrates.
Product Definition:
Gelcoating is the application of a coating or film of gel to a surface. Gelcoatings are often used in the manufacture of fiberglass boats, where they protect the hull from UV radiation and provide a smooth finish.
Polyester:
Polyester is a synthetic fiber, which is produced from the polymerization of adipic acid. It has high resistance to abrasion and chemicals, high tensile strength and durability along with excellent elasticity. Polyester gelcoatings are widely used in various end-use industries including marine, automotive OEM & aftermarket and general industrial coatings owing to its properties such as superior adhesion, UV resistance along with weathering resistance.
Epoxy:
Epoxy resins are synthetic thermosetting polymers containing an epoxide group. They are available in two forms, namely, a colorless liquid known as “A” epoxy resin and a white powder known as “B” epoxy resin. The most commonly used types of these resins include those that contain both “A” and “B” components in approximately equal quantities (50:50 ratio).
Application Insights:
The transportation segment is expected to emerge as the fastest-growing application, registering a CAGR of XX% from 2018 to 2030 owing to rising demand for vehicles in emerging economies such as China, India and Brazil. Gelcoating offers several advantages including corrosion resistance, weight reduction and cost reduction which are likely to propel its demand in the transportation industry over the forecast period.
Gelcoatings have wide applications in construction & building materials where they are used for exterior & interior coatings on steel structures such as bridges, buildings and containers among others. They offer superior protection against harsh environmental conditions such as temperature changes, UV rays etc., which is likely to augment their penetration across various construction industries over the coming years.
Other applications include industrial machinery & equipment coating; marine including offshore oil exploration; wind energy turbines along with other renewable energy generation equipment; heavy duty agricultural machinery along with pesticides storage tanks among others.
Regional Analysis:
Asia Pacific was the largest regional gelcoating market in 2017 owing to high product demand from various end-use industries, such as transportation and construction. The region is expected to continue its dominance over the forecast period due to increasing automotive production and sales in emerging economies of China, India, Indonesia, Malaysia and Thailand.
The European market for gelcoated products is anticipated to witness a CAGR of XX% during the forecast period on account of rising product demand from wind energy applications owing to government support for renewable energy generation projects across Germany, U.K.
North America accounted for a significant share of revenue share followed by Asia Pacific mainly dueKto presence of major automobile manufacturers including General Motors Company; Ford Motor Company; Fiat Chrysler Automobiles N.V.
Growth Factors:
- Increasing demand for gelcoated products in the automotive and construction industries.
- Growing popularity of gelcoat finishes as an alternative to traditional paints and coatings.
- Rising demand for customized color and finish options in the automotive industry.
- Increasing use of gelcoat finishes in marine applications due to their superior resistance to weathering and fading effects caused by sunlight exposure.
Scope Of The Report
Report Attributes
Report Details
Report Title
Gelcoating Market Research Report
By Type
Polyester, Epoxy, Vinyl Ester, Others
By Application
Marine, Wind, Construction, Transportation, Others
By Companies
Alpha Owens-Corning (AOC), Ashland, Bufa Composite, Interplastic Corporation, Nuplex Industries, Poliya Composites, Polynt Composites, Reichhold, Scott Bader, Jiangsu Fullmark Chemicals
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Gelcoating Market Report Segments:
The global Gelcoating market is segmented on the basis of:
Types
Polyester, Epoxy, Vinyl Ester, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Marine, Wind, Construction, Transportation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alpha Owens-Corning (AOC)
- Ashland
- Bufa Composite
- Interplastic Corporation
- Nuplex Industries
- Poliya Composites
- Polynt Composites
- Reichhold
- Scott Bader
- Jiangsu Fullmark Chemicals
Highlights of The Gelcoating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polyester
- Epoxy
- Vinyl Ester
- Others
- By Application:
- Marine
- Wind
- Construction
- Transportation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Gelcoating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Gelcoating is a process of coating a surface with a gel. This can be done to make the surface more resistant to water or other liquids, or it can be used as an adhesive.
Some of the major players in the gelcoating market are Alpha Owens-Corning (AOC), Ashland, Bufa Composite, Interplastic Corporation, Nuplex Industries, Poliya Composites, Polynt Composites, Reichhold, Scott Bader, Jiangsu Fullmark Chemicals.
The gelcoating market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gelcoating Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Gelcoating Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gelcoating Market - Supply Chain
4.5. Global Gelcoating Market Forecast
4.5.1. Gelcoating Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gelcoating Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gelcoating Market Absolute $ Opportunity
5. Global Gelcoating Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Gelcoating Market Size and Volume Forecast by Type
5.3.1. Polyester
5.3.2. Epoxy
5.3.3. Vinyl Ester
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gelcoating Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Gelcoating Market Size and Volume Forecast by Application
6.3.1. Marine
6.3.2. Wind
6.3.3. Construction
6.3.4. Transportation
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gelcoating Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Gelcoating Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Gelcoating Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Gelcoating Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Gelcoating Demand Share Forecast, 2019-2026
9. North America Gelcoating Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Gelcoating Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Gelcoating Market Size and Volume Forecast by Application
9.4.1. Marine
9.4.2. Wind
9.4.3. Construction
9.4.4. Transportation
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gelcoating Market Size and Volume Forecast by Type
9.7.1. Polyester
9.7.2. Epoxy
9.7.3. Vinyl Ester
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Gelcoating Demand Share Forecast, 2019-2026
10. Latin America Gelcoating Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Gelcoating Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Gelcoating Market Size and Volume Forecast by Application
10.4.1. Marine
10.4.2. Wind
10.4.3. Construction
10.4.4. Transportation
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gelcoating Market Size and Volume Forecast by Type
10.7.1. Polyester
10.7.2. Epoxy
10.7.3. Vinyl Ester
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Gelcoating Demand Share Forecast, 2019-2026
11. Europe Gelcoating Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Gelcoating Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Gelcoating Market Size and Volume Forecast by Application
11.4.1. Marine
11.4.2. Wind
11.4.3. Construction
11.4.4. Transportation
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gelcoating Market Size and Volume Forecast by Type
11.7.1. Polyester
11.7.2. Epoxy
11.7.3. Vinyl Ester
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth PotentialAnalysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Gelcoating Demand Share, 2019-2026
12. Asia Pacific Gelcoating Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Gelcoating Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Gelcoating Market Size and Volume Forecast by Application
12.4.1. Marine
12.4.2. Wind
12.4.3. Construction
12.4.4. Transportation
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gelcoating Market Size and Volume Forecast by Type
12.7.1. Polyester
12.7.2. Epoxy
12.7.3. Vinyl Ester
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Gelcoating Demand Share, 2019-2026
13. Middle East & Africa Gelcoating Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Gelcoating Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Gelcoating Market Size and Volume Forecast by Application
13.4.1. Marine
13.4.2. Wind
13.4.3. Construction
13.4.4. Transportation
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gelcoating Market Size and Volume Forecast by Type
13.7.1. Polyester
13.7.2. Epoxy
13.7.3. Vinyl Ester
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Gelcoating Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Gelcoating Market: Market Share Analysis
14.2. Gelcoating Distributors and Customers
14.3. Gelcoating Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alpha Owens-Corning (AOC)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ashland
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bufa Composite
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Interplastic Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nuplex Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Poliya Composites
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Polynt Composites
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Reichhold
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Scott Bader
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jiangsu Fullmark Chemicals
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
