Gelcoat Market Size, Share & Trends Analysis Report By Raw Material (Polyester Resin, Vinyl Ester Resin, Epoxy Resin, By End Use (Marine, Transportation, Construction, Wind & Energy), By Region, And Segment Forecasts, 2024 - 2030
Gelcoat Market Size, Share & Trends Analysis Report By Raw Material (Polyester Resin, Vinyl Ester Resin, Epoxy Resin, By End Use (Marine, Transportation, Construction, Wind & Energy), By Region, And Segment Forecasts, 2024 - 2030
Gelcoat Market Size & Trends
“2030 Gelcoat Market value to reach USD 3,328.1 million”
The global gelcoat market size was estimated at USD 1,380.1 million in 2023 and is projected to grow at a CAGR of 13.2% in terms of revenue from 2024 to 2030. Gelcoats are essential for protecting and enhancing the appearance of composite materials. The increasing use of composites in various industries, such as automotive, marine, construction, and wind energy, is driving gelcoat demand.
Gelcoats contribute to the lightweight and durable properties of composite structures. As industries seek to reduce weight and improve performance, the demand for gelcoats is on the rise. The boating and marine industry is a major consumer of gelcoats. Increasing leisure activities and growing tourism are boosting the demand for boats and marine equipment, thereby driving gelcoat consumption.
They are used in construction for various applications, including roofing, cladding, and architectural elements. The growing construction industry is contributing to the gelcoat market's expansion. The automotive industry is increasingly using composite materials for body panels and other components. They are essential for providing a protective and aesthetically pleasing finish to these components.
Global Gelcoat Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global gelcoat market report raw material, end use, and region:
Raw Material Outlook (Volume, Kiloton; Revenue, USD Million, 2018 - 2030)
Polyester Resin
Vinyl Ester Resin
Epoxy Resin
Other Raw Materials
End Use Outlook (Volume, Kiloton; Revenue, USD Million, 2018 - 2030)
Marine
Transportation
Construction
Wind & Energy
Other End Uses (if any)
Regional Outlook (Volume, Kiloton; Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Asia Pacific
China
Japan
India
South Korea
Central & South America
Brazil
Argentina
Middle East and Africa
Saudi Arabia
South Africa
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