Global Gelcoat Market 2022-2026

Global Gelcoat Market 2022-2026

Technavio has been monitoring the gelcoat market and it is poised to grow by $ 540.49 mn during 2022-2026 progressing at a CAGR of 6.85% during the forecast period. Our report on the gelcoat market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growth of the marine industry and upcoming yacht projects, increased product differentiation, and the growing demand for gelcoat over paint.

The gelcoat market analysis includes the end-user segment and geographic landscape.

Technavio's gelcoat market is segmented as below:

By End-user

• Marine
• Transportation
• Wind-energy
• Construction
• Others

By Geographical Landscape

• North America
• APAC
• Europe
• South America
• Middle East and Africa

This study identifies the strategic initiatives undertaken by leading vendors as one of the prime reasons driving the gelcoat market growth during the next few years. Also, growing demand for low-styrene emission gelcoat and increasing focus on UV-curable gelcoat will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on gelcoat market covers the following areas:

• Gelcoat market sizing
• Gelcoat market forecast
• Gelcoat market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gelcoat market vendors that include 3M Corp., Allnex Netherlands BV, Ashland Global Holdings Inc., BUFA GmbH and Co. KG, Eastman Chemical Co., Hacotech GmbH, HK Research Corp., Huntsman Corp., INEOS Group Holdings SA, Interplastic Corp., MADER SA, Nivitex Fibreglass and Resins, Poliya Polyester Industry and Trade Ltd. Sti., Polynt Spa, RESOLTECH SAS, Scott Bader Co. Ltd., Sicomin, Sika AG, Sogel Inc., Turkuaz Polyester Resin Chemical Ltd. Sti., and BASF SE. Also, the gelcoat market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

3M Corp., Allnex Netherlands BV, Ashland Global Holdings Inc., BUFA GmbH and Co. KG, Eastman Chemical Co., Hacotech GmbH, HK Research Corp., Huntsman Corp., INEOS Group Holdings SA, Interplastic Corp., MADER SA, Nivitex Fibreglass and Resins, Poliya Polyester Industry and Trade Ltd. Sti., Polynt Spa, RESOLTECH SAS, Scott Bader Co. Ltd., Sicomin, Sika AG, Sogel Inc., Turkuaz Polyester Resin Chemical Ltd. Sti., BASF SE