Gelcoat Market Report : Trends, Forecast and Competitive Analysis 1.

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Presentation transcript:

Gelcoat Market Report : Trends, Forecast and Competitive Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by End Use Industry Wind, marine, construction, transportation, tank, and others Market Segments by Resin Chemistry Polyester, vinylester, epoxy and others Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name Ashland Inc., Scott Bader, Allnex, Bufa Composite Systems GmbH & Co. KG, Polynt-Reichhold Group, and HK Research Corporation. Trend Growth Rate and CAGR3.5% Key Industry Forecast The gelcoat market is expected to reach an estimated $1.3 billion by 2024 with a CAGR of 3.5% from 2019 to Key Industry Driver Driver: Growing use of composite materials in different industries and performance benefits of gelcoat, such as UV protection, better surface appearance, etc. 2

Industry Overview Market Size The gelcoat market is expected to reach an estimated $1.3 billion by 2024 with a CAGR of 3.5% from 2019 to Emerging trends, which have a direct impact on the dynamics of the industry, include a shift towards low styrene emission gelcoat and the development of gelcoat having compatibility with different resin system. Market Size (2024)$1.3 billion CAGR ( )3.5% 3 Industry Performance : Forecast