Gelcoat Market by Resin Type (Polyester, Vinyl Ester, Epoxy, and Others), End-use Industry (Marine, Transportation, Wind-Energy, Construction, and Others), and Region - Global Forecast to 2025
“The gelcoat market is projected to register a CAGR of 13.2% during the forecast period.”
The global gelcoat market size is projected to grow from USD 974 million in 2020 to USD 1,808 million by 2025, at a CAGR of 13.2% between 2020 and 2025. Composites offer exceptional properties, such as stiffness, strength, tenacity, density, thermal & electrical conductivity, fatigue, and corrosion resistance. Owing to these outstanding properties offered by the composites, they are preferred over conventional materials such as aluminum steel in high performance applications in several end-use industries. However, global pandemic disease COVID-19 has forced the automotive, wind blade, and aircraft manufacturers to shut down their operations, which is expected to decrease the demand for composites in 2020.
“Epoxy is the fastest-growing resin type of gelcoats, in terms of value.”
Excellent chemical resistance, durability, and strength of epoxy resin make it suitable for manufacturing gelcoat. Due to thermal and mechanical properties offered by epoxy resin-based gelcoat, such as resistance to corrosive liquids, excellent electrical insulation, good performance at elevated temperatures, lower styrene emission as compared with polyester resins, and good adhesion strength to different varieties of reinforcements., makes it most promising segment. Due to COVID-19, lockdown conditions and halt in the production of automobiles and marine boats have reduced the demand for epoxy resin-based gelcoats.
“Wind Energy is the fastest-growing end-use industry of gelcoats, in terms of value.”
The wind energy industry is expected to grow at the highest CAGR during the forecast period in terms of value. Chemical protection and UV resistance properties of gelcoat are increasing its use in the wind energy industry Wind is an important source of renewable energy, and wind turbine blades are the key components in wind power generation system. Different protection technologies are used to manufacture and develop surfaces for wind turbine rotor blades. Wind turbine rotor blade manufacturers require in-mold stable gelcoat as the protective coating on blades. However, due to COVID-19, travel restrictions, lockdown scenario, supply chain disruption, and liquidity crunch various countries are expected to miss the wind installations target in 2020. The lower wind energy instalations will reduce the demand for composites blade and in terns gelcoat demand in wind energy industry. Post 2020 the demand is expected to gater momentum.
“APAC is the fastest-growing composites market.”
APAC is projected to register the highest CAGR in terms of value in the global gelcoat market during the forecast period. The growth of the gelcoat industry in this region is supported by the low-cost labor, the advancement of composite technology solutions, and the penetration of composites in various end-use industries.
Due to COVID-19, numerous wind blade manufacturers and automotive companies have halted their production sites across various countries that has led to reduced demand for composites, which affected the gelcoat demand in Asian countries. The recovery in the end-use industries with restoration in the supply chain would drive the gelcoat demand during the forecast period.
This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into the following three categories:
This report covers the global composites market and forecasts the market size until 2025. The report includes the market segmentation –Resin Type( Polyester, Vinyl Ester, Epoxy, and Others), End-use Industry (Marine, Wind Energy, Transportation, Construction, and Others) and Region (Europe, North America, APAC, Latin America, and MEA). Porter’s Five Forces analysis, along with the drivers, restraints, opportunities, and challenges, are discussed in the report. It also provides company profiles and competitive strategies adopted by the major players in the global composites market.
Key benefits of buying the report:
The report will help market leaders/new entrants in this market in the following ways:
1. This report segments the global gelcoat market comprehensively and provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.
2. The report helps stakeholders understand the pulse of the gelcoat market and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement, and acquisitions.
Reasons to buy the report:
The report will help market leaders/new entrants in this market by providing them with the closest approximations of the revenues for the overall gelcoat market and the sub-segments. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
The global gelcoat market size is projected to grow from USD 974 million in 2020 to USD 1,808 million by 2025, at a CAGR of 13.2% between 2020 and 2025. Composites offer exceptional properties, such as stiffness, strength, tenacity, density, thermal & electrical conductivity, fatigue, and corrosion resistance. Owing to these outstanding properties offered by the composites, they are preferred over conventional materials such as aluminum steel in high performance applications in several end-use industries. However, global pandemic disease COVID-19 has forced the automotive, wind blade, and aircraft manufacturers to shut down their operations, which is expected to decrease the demand for composites in 2020.
“Epoxy is the fastest-growing resin type of gelcoats, in terms of value.”
Excellent chemical resistance, durability, and strength of epoxy resin make it suitable for manufacturing gelcoat. Due to thermal and mechanical properties offered by epoxy resin-based gelcoat, such as resistance to corrosive liquids, excellent electrical insulation, good performance at elevated temperatures, lower styrene emission as compared with polyester resins, and good adhesion strength to different varieties of reinforcements., makes it most promising segment. Due to COVID-19, lockdown conditions and halt in the production of automobiles and marine boats have reduced the demand for epoxy resin-based gelcoats.
“Wind Energy is the fastest-growing end-use industry of gelcoats, in terms of value.”
The wind energy industry is expected to grow at the highest CAGR during the forecast period in terms of value. Chemical protection and UV resistance properties of gelcoat are increasing its use in the wind energy industry Wind is an important source of renewable energy, and wind turbine blades are the key components in wind power generation system. Different protection technologies are used to manufacture and develop surfaces for wind turbine rotor blades. Wind turbine rotor blade manufacturers require in-mold stable gelcoat as the protective coating on blades. However, due to COVID-19, travel restrictions, lockdown scenario, supply chain disruption, and liquidity crunch various countries are expected to miss the wind installations target in 2020. The lower wind energy instalations will reduce the demand for composites blade and in terns gelcoat demand in wind energy industry. Post 2020 the demand is expected to gater momentum.
“APAC is the fastest-growing composites market.”
APAC is projected to register the highest CAGR in terms of value in the global gelcoat market during the forecast period. The growth of the gelcoat industry in this region is supported by the low-cost labor, the advancement of composite technology solutions, and the penetration of composites in various end-use industries.
Due to COVID-19, numerous wind blade manufacturers and automotive companies have halted their production sites across various countries that has led to reduced demand for composites, which affected the gelcoat demand in Asian countries. The recovery in the end-use industries with restoration in the supply chain would drive the gelcoat demand during the forecast period.
This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into the following three categories:
- By Company Type- Tier 1- 40%, Tier 2- 33%, and Tier 3- 27%
- By Designation- C Level- 50%, Director Level- 20%, and Others- 30%
- By Region- North America- 50%, Europe- 20%, APAC- 15%, Latin America-10%, MEA-5%,
- HK Research Corporation (US)
- Scott Bader (UK)
- Ineos (UK)
- Bufa Composite Systems Gmbh (Germany)
- Allnex (Germany)
- Alpha Owens Corning (US)
- Polynt Reichold (US)
- Turkuaz Polyester (Turkey)
- Poliya Composites Resins and Polymers(Turkey)
- Interplastic Corportion(US)
This report covers the global composites market and forecasts the market size until 2025. The report includes the market segmentation –Resin Type( Polyester, Vinyl Ester, Epoxy, and Others), End-use Industry (Marine, Wind Energy, Transportation, Construction, and Others) and Region (Europe, North America, APAC, Latin America, and MEA). Porter’s Five Forces analysis, along with the drivers, restraints, opportunities, and challenges, are discussed in the report. It also provides company profiles and competitive strategies adopted by the major players in the global composites market.
Key benefits of buying the report:
The report will help market leaders/new entrants in this market in the following ways:
1. This report segments the global gelcoat market comprehensively and provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.
2. The report helps stakeholders understand the pulse of the gelcoat market and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement, and acquisitions.
Reasons to buy the report:
The report will help market leaders/new entrants in this market by providing them with the closest approximations of the revenues for the overall gelcoat market and the sub-segments. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
FIGURE 1 GELCOAT MARKET SEGMENTATION
1.3.1 REGIONS COVERED
FIGURE 2 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 UNIT CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 3 GELCOAT MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
2.2.1 SUPPLY SIDE ANALYSIS
FIGURE 4 MARKET NUMBER ESTIMATION
2.2.2 SEGMENT ANALYSIS
2.2.3 SEGMENT ANALYSIS
2.3 DATA TRIANGULATION
FIGURE 5 GELCOAT MARKET: DATA TRIANGULATION
2.4 ASSUMPTIONS
2.5 LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 6 POLYESTER TO BE THE LARGEST RESIN FOR GELCOAT
FIGURE 7 MARINE END-USE INDUSTRY ACCOUNTED FOR THE MAXIMUM SHARE
IN THE GELCOAT MARKET IN 2019
FIGURE 8 US ACCOUNTS FOR LARGEST SHARE OF THE GELCOAT MARKET
FIGURE 9 APAC TO WITNESS THE HIGHEST GROWTH IN GELCOAT MARKET
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE GELCOAT MARKET
FIGURE 10 GELCOAT MARKET PROJECTED TO WITNESS HIGH GROWTH BETWEEN
2020 AND 2025
4.2 GELCOAT MARKET, BY END-USE INDUSTRY & REGION
FIGURE 11 MARINE TO BE LEADING CONSUMER OF GELCOAT
4.3 GELCOAT MARKET, BY RESIN
FIGURE 12 POLYESTER TO DOMINATE THE OVERALL GELCOAT MARKET
4.4 GELCOAT MARKET, BY COUNTRY
FIGURE 13 CHINA TO REGISTER THE HIGHEST CAGR IN THE GELCOAT MARKET
5 MARKET OVERVIEW
5.1 INTRODUCTION
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES GOVERNING
THE GELCOAT MARKET
5.1.1 DRIVERS
5.1.1.1 Growing use of composites in various industries
5.1.1.2 Useful properties offered by gelcoat
5.1.1.3 Increase in demand for gelcoat in transportation industry
5.1.2 RESTRAINTS
5.1.2.1 Shift toward closed molding process affecting use of gelcoat
5.1.2.2 Cracking of gelcoat
5.1.2.3 Disruption in supply chain and logistics due to COVID-19
5.1.2.4 Lower capacity utilization and liquidity crunch due to COVID-19
5.1.3 OPPORTUNITIES
5.1.3.1 Growing wind energy industry
5.1.3.2 Growing demand from the APAC region
5.1.4 CHALLENGES
5.1.4.1 Government regulations for styrene emission
5.2 PORTER’S FIVE FORCES ANALYSIS
FIGURE 15 GELCOAT MARKET: PORTER’S FIVE FORCES ANALYSIS
5.2.1 THREAT OF NEW ENTRANTS
5.2.2 THREAT OF SUBSTITUTES
5.2.3 BARGAINING POWER OF SUPPLIERS
5.2.4 BARGAINING POWER OF BUYERS
5.2.5 INTENSITY OF COMPETITIVE RIVALRY
5.3 VALUE CHAIN ANALYSIS
FIGURE 16 GELCOAT MARKET VALUE CHAIN
5.4 PRICE ANALYSIS
5.5 TECHNOLOGY DEVELOPMENT
5.6 NEW TECHNOLOGY AND IMPACT ANALYSIS
5.7 GROWTH INFLUENCING FACTORS, BY END-USE INDUSTRY
6 MACROECONOMIC OVERVIEW AND KEY TRENDS
6.1 INTRODUCTION
6.1.1 TRENDS AND FORECAST OF GDP
TABLE 1 ANNUAL PERCENTAGE CHANGE OF GDP, BY REGION, APRIL 2020
6.1.2 IMPACT OF COVID-19 ON AEROSPACE INDUSTRY
TABLE 2 NUMBER OF AIRPLANE DELIVERIES, BY MANUFACTURER, 2019
6.1.2.1 Short-term strategies to manage cost structure and supply chains
6.1.2.2 New opportunities
6.2 IMPACT OF COVID-19 ON AUTOMOTIVE INDUSTRY
6.2.1 SHORT-TERM STRATEGIES TO MANAGE COST STRUCTURE AND
SUPPLY CHAINS
6.2.2 IMPACT ON ELECTRIC VEHICLE (EV) DEMAND DUE TO LOWER OIL PRICES
6.2.3 NEW OPPORTUNITIES
6.3 IMPACT OF COVID-19 ON WIND ENERGY INDUSTRY
6.3.1 SHORT-TERM STRATEGIES TO MANAGE COST STRUCTURE AND
SUPPLY CHAINS
6.3.2 NEW OPPORTUNITIES
7 GELCOAT MARKET, BY RESIN
7.1 INTRODUCTION
FIGURE 17 POLYESTER TO BE LEADING SEGMENT IN OVERALL MARKET
TABLE 3 GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 4 GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 5 GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 6 GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
7.2 IMPACT OF COVID-19 ON GELCOAT MARKET
7.3 POLYESTER
7.3.1 POLYESTER RESIN-BASED GELCOAT WIDELY USED FOR ITS
OUTSTANDING PROPERTIES
FIGURE 18 APAC TO BE FASTEST-GROWING MARKET FOR POLYESTER
RESIN-BASED GELCOAT
TABLE 7 POLYESTER RESIN-BASED GELCOAT MARKET, BY REGION, 2016–2019 (KILOTON)
TABLE 8 POLYESTER RESIN-BASED GELCOAT MARKET, BY REGION, 2016–2019 (USD MILLION)
TABLE 9 POLYESTER RESIN-BASED GELCOAT MARKET, BY REGION, 2020–2025 (KILOTON)
TABLE 10 POLYESTER RESIN-BASED GELCOAT MARKET, BY REGION, 2020–2025 (USD MILLION)
7.4 VINYL ESTER
7.4.1 VINYL ESTER RESIN-BASED GELCOAT PREFERRED FOR ITS CORROSION RESISTANCE AND DURABILITY
TABLE 11 VINYL ESTER RESIN-BASED GELCOAT MARKET, BY REGION, 2016–2029 (KILOTON)
TABLE 12 VINYL ESTER RESIN-BASED GELCOAT MARKET, BY REGION, 2016–2029 (USD MILLION)
TABLE 13 VINYL ESTER RESIN-BASED GELCOAT MARKET, BY REGION, 2020–2025 (KILOTON)
TABLE 14 VINYL ESTER RESIN-BASED GELCOAT MARKET, BY REGION, 2020–2025 (USD MILLION)
7.5 EPOXY
7.5.1 GELCOAT BASED ON EPOXY RESIN HAS VARIOUS THERMAL AND MECHANICAL PROPERTIES
TABLE 15 EPOXY RESIN-BASED GELCOAT MARKET, BY REGION, 2016–2019 (KILOTON)
TABLE 16 EPOXY RESIN-BASED GELCOAT MARKET, BY REGION, 2016–2019 (USD MILLION)
TABLE 17 EPOXY RESIN-BASED GELCOAT MARKET, BY REGION, 2020–2025 (KILOTON)
TABLE 18 EPOXY RESIN-BASED GELCOAT MARKET, BY REGION, 2020–2025 (USD MILLION)
7.6 OTHERS
TABLE 19 OTHER RESINS-BASED GELCOAT MARKET, BY REGION, 2016–2019 (KILOTON)
TABLE 20 OTHER RESINS-BASED GELCOAT MARKET, BY REGION, 2016–2019 (USD MILLION)
TABLE 21 OTHER RESIN-BASED GELCOAT MARKET, BY REGION, 2020–2025 (KILOTON)
TABLE 22 OTHER RESIN-BASED GELCOAT MARKET, BY REGION, 2020–2025 (USD MILLION)
8 GELCOAT MARKET, BY END-USE INDUSTRY
8.1 INTRODUCTION
FIGURE 19 MARINE TO BE LEADING END-USE INDUSTRY OF GELCOAT
TABLE 23 GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 24 GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 25 GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 26 GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
8.2 IMPACT OF COVID-19 ON END-USE INDUSTRIES
8.3 MARINE
8.3.1 MARINE IS THE MAJOR END-USE INDUSTRY OF GELCOAT
FIGURE 20 MARINE IS LARGEST END-USE INDUSTRY OF GELCOAT IN NORTH AMERICA
TABLE 27 GELCOAT MARKET SIZE IN MARINE INDUSTRY, BY REGION, 2016–2019 (KILOTON)
TABLE 28 GELCOAT MARKET SIZE IN MARINE INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 29 GELCOAT MARKET SIZE IN MARINE INDUSTRY, BY REGION, 2020–2025 (KILOTON)
TABLE 30 GELCOAT MARKET SIZE IN MARINE INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
8.4 TRANSPORTATION
8.4.1 USE OF FIBER REINFORCED COMPONENTS CONTRIBUTING TO DEMAND
FOR GELCOAT
TABLE 31 GELCOAT MARKET SIZE IN TRANSPORTATION INDUSTRY, BY REGION, 2016–2019 (KILOTON)
TABLE 32 GELCOAT MARKET SIZE IN TRANSPORTATION INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 33 GELCOAT MARKET SIZE IN TRANSPORTATION INDUSTRY, BY REGION, 2020–2025 (KILOTON)
TABLE 34 GELCOAT MARKET SIZE IN TRANSPORTATION INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
8.5 CONSTRUCTION
8.5.1 GELCOAT USED IN CONSTRUCTION DUE TO ITS RESISTANCE TO CORROSION, WATER, CHEMICALS, AND UV RAYS
TABLE 35 GELCOAT MARKET SIZE IN CONSTRUCTION INDUSTRY, BY REGION, 2016–2019 (KILOTON)
TABLE 36 GELCOAT MARKET SIZE IN CONSTRUCTION INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 37 GELCOAT MARKET SIZE IN CONSTRUCTION INDUSTRY, BY REGION, 2020–2025 (KILOTON)
TABLE 38 GELCOAT MARKET SIZE IN CONSTRUCTION INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
8.6 WIND ENERGY
8.6.1 GELCOAT WIDELY USED IN DIFFERENT APPLICATIONS IN WIND ENERGY INDUSTRY
TABLE 39 GELCOAT MARKET SIZE IN WIND ENERGY INDUSTRY, BY REGION, 2016–2019 (KILOTON)
TABLE 40 GELCOAT MARKET SIZE IN WIND ENERGY INDUSTRY, BY REGION, 2016–2019, (USD MILLION)
TABLE 41 GELCOAT MARKET SIZE IN WIND ENERGY INDUSTRY, BY REGION, 2020–2025 (KILOTON)
TABLE 42 GELCOAT MARKET SIZE IN WIND ENERGY INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
8.7 OTHERS
TABLE 43 GELCOAT MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2016–2019 (KILOTON)
TABLE 44 GELCOAT MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2016–2019 (USD MILLION)
TABLE 45 GELCOAT MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2020–2025 (KILOTON)
TABLE 46 GELCOAT MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2020–2025 (USD MILLION)
9 GELCOAT MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 21 INDIA TO REGISTER THE HIGHEST CAGR
TABLE 47 GELCOAT MARKET SIZE, BY REGION, 2016–2019 (KILOTON)
TABLE 48 GELCOAT MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
TABLE 49 GELCOAT MARKET SIZE, BY REGION, 2020–2025 (KILOTON)
TABLE 50 GELCOAT MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
9.2 REGIONAL IMPACT OF COVID-19
9.3 NORTH AMERICA
FIGURE 22 NORTH AMERICA: GELCOAT MARKET SNAPSHOT
TABLE 51 NORTH AMERICA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 52 NORTH AMERICA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 53 NORTH AMERICA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 54 NORTH AMERICA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 55 NORTH AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 56 NORTH AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 57 NORTH AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 58 NORTH AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
TABLE 59 NORTH AMERICA: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (KILOTON)
TABLE 60 NORTH AMERICA: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 61 NORTH AMERICA: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (KILOTON)
TABLE 62 NORTH AMERICA: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
9.3.1 US
9.3.1.1 Growing composites industry is propelling US gelcoat market
TABLE 63 US: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 64 US: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 65 US: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 66 US: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 67 US: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 68 US: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 69 US: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 70 US: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.3.2 CANADA
9.3.2.1 Marine industry is the major driver for the gelcoat market in Canada
TABLE 71 CANADA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 72 CANADA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 73 CANADA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 74 CANADA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 75 CANADA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 76 CANADA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 77 CANADA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 78 CANADA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.4 EUROPE
FIGURE 23 EUROPE: GELCOAT MARKET SNAPSHOT
TABLE 79 EUROPE: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 80 EUROPE: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 81 EUROPE: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 82 EUROPE: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 83 EUROPE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 84 EUROPE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 85 EUROPE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 86 EUROPE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
TABLE 87 EUROPE: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (KILOTON)
TABLE 88 EUROPE: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 89 EUROPE: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (KILOTON)
TABLE 90 EUROPE: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
9.4.1 GERMANY
9.4.1.1 Germany is the leading consumer of gelcoat in Europe
TABLE 91 GERMANY: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 92 GERMANY: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 93 GERMANY: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 94 GERMANY: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 95 GERMANY: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 96 GERMANY: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 97 GERMANY: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 98 GERMANY: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.4.2 ITALY
9.4.2.1 Growing demand for high-strength driving the market in Italy
TABLE 99 ITALY: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 100 ITALY: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 101 ITALY: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 102 ITALY: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 103 ITALY: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 104 ITALY: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 105 ITALY: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 106 ITALY: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.4.3 FRANCE
9.4.3.1 Marine and transportation industries generate high demand
for gelcoat in France
TABLE 107 FRANCE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 108 FRANCE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 109 FRANCE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 110 FRANCE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.4.4 UK
9.4.4.1 Transportation industry is a major end user of gelcoat in UK
TABLE 111 UK: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 112 UK: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 113 UK: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 114 UK: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.4.5 REST OF EUROPE
TABLE 115 REST OF EUROPE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 116 REST OF EUROPE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 117 REST OF EUROPE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 118 REST OF EUROPE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.5 APAC
FIGURE 24 APAC: GELCOAT MARKET SNAPSHOT
TABLE 119 APAC: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 120 APAC: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 121 APAC: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 122 GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 123 APAC: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 124 APAC: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 125 APAC: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 126 APAC: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
TABLE 127 APAC: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (KILOTON)
TABLE 128 APAC: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 129 APAC: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (KILOTON)
TABLE 130 APAC: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
9.5.1 CHINA
9.5.1.1 Presence of many gelcoat manufacturers helping the market growth
TABLE 131 CHINA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 132 CHINA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 133 CHINA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 134 CHINA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 135 CHINA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 136 CHINA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 137 CHINA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 138 CHINA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.5.2 INDIA
9.5.2.1 Growing focus on wind energy industry propelling the market
TABLE 139 INDIA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 140 INDIA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 141 INDIA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 142 INDIA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.5.3 JAPAN
9.5.3.1 Presence of major composites manufacturers contributes
to market growth
TABLE 143 JAPAN: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 144 JAPAN: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 145 JAPAN: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 146 JAPAN: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 147 JAPAN: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 148 JAPAN: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 149 JAPAN: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 150 JAPAN: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.5.4 REST OF APAC
TABLE 151 REST OF APAC: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 152 REST OF APAC: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 153 REST OF APAC: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 154 REST OF APAC: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.6 LATIN AMERICA
TABLE 155 LATIN AMERICA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 156 LATIN AMERICA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 157 LATIN AMERICA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 158 LATIN AMERICA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 159 LATIN AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 160 LATIN AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 161 LATIN AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 162 LATIN AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
TABLE 163 LATIN AMERICA: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (KILOTON)
TABLE 164 LATIN AMERICA: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 165 LATIN AMERICA: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (KILOTON)
TABLE 166 LATIN AMERICA: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
9.6.1 BRAZIL
9.6.1.1 Growing number of wind energy installations driving the
market in Brazil
TABLE 167 BRAZIL: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 168 BRAZIL: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 169 BRAZIL: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 170 BRAZIL: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 171 BRAZIL: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 172 BRAZIL: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 173 BRAZIL: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 174 BRAZIL: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.6.2 MEXICO
9.6.2.1 Marine and transportation generate high demand for
gelcoat in Mexico
TABLE 175 MEXICO: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 176 MEXICO: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 177 MEXICO: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 178 MEXICO: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.6.3 REST OF LATIN AMERICA
TABLE 179 REST OF LATIN AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 180 REST OF LATIN AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 181 REST OF LATIN AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 182 REST OF LATIN AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.7 MEA
TABLE 183 MEA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 184 MEA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 185 MEA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 186 MEA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 187 MEA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 188 MEA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 189 MEA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 190 MEA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
TABLE 191 MEA: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (KILOTON)
TABLE 192 MEA: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 193 MEA: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (KILOTON)
TABLE 194 MEA: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
9.7.1 UAE
9.7.1.1 UAE is fast-growing market for gelcoat in MEA
TABLE 195 UAE: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 196 UAE: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 197 UAE: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 198 UAE: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 199 UAE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 200 UAE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 201 UAE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 202 UAE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.7.2 SAUDI ARABIA
9.7.2.1 Major demand for gelcoat generated from construction industry
in Saudi Arabia
TABLE 203 SAUDI ARABIA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 204 SAUDI ARABIA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 205 SAUDI ARABIA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 206 SAUDI ARABIA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.7.3 REST OF MEA
TABLE 207 REST OF MEA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 208 REST OF MEA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 209 REST OF MEA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 210 REST OF MEA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
FIGURE 25 COMPANIES ADOPTED EXPANSION AND NEW PRODUCT LAUNCH AS
KEY GROWTH STRATEGIES BETWEEN 2015 AND 2020
10.2 RECENT DEVELOPMENTS
10.2.1 EXPANSION
TABLE 211 EXPANSION, 2015—2020
10.2.2 AGREEMENT & PARTNERSHIP
TABLE 212 AGREEMENT & PARTNERSHIP, 2015—2020
10.2.3 NEW PRODUCT LAUNCH
TABLE 213 NEW PRODUCT LAUNCH, 2015—2020
10.2.4 MERGER & ACQUISITION
TABLE 214 MERGER & ACQUISITION, 2015—2020
10.3 MARKET RANKING OF TOP 5 PLAYERS IN GELCOAT MARKET
FIGURE 26 RANKING OF TOP FIVE PLAYERS IN GELCOAT MARKET
10.4 MARKET SHARE ANALYSIS IN GELCOAT MARKET
10.5 COMPETITIVE BENCHMARKING
10.5.1 TIER 1 COMPANIES
10.5.1.1 Dynamic differentiators
10.5.1.2 Innovators
10.5.1.3 Vanguard
10.5.1.4 Emerging
FIGURE 27 DIVE CHART
10.5.2 COMPETITIVE BENCHMARKING OF TIER 1 COMPANIES
10.5.2.1 Strength of product portfolio
FIGURE 28 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN GELCOAT MARKET
10.5.2.2 Business strategy excellence
FIGURE 29 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN GELCOAT MARKET
10.5.3 TIER 2 AND 3 COMPANIES
10.5.3.1 Dynamics differentiators
10.5.3.2 Innovators
10.5.3.3 Vanguard
10.5.3.4 Emerging companies
FIGURE 30 DIVE CHART
10.5.4 COMPETITIVE BENCHMARKING TIER 2 AND 3 COMPANIES
10.5.4.1 Strength of product portfolio
FIGURE 31 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN GELCOAT MARKET
10.5.4.2 Business strategy excellence
FIGURE 32 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN GELCOAT MARKET
11 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 INEOS ENTERPRISE
FIGURE 33 INEOS ENTERPRISE: SWOT ANALYSIS
11.2 BUFA COMPOSITE SYSTEMS GMBH
FIGURE 34 BUFA COMPOSITE SYSTEMS GMBH: SWOT ANALYSIS
11.3 HK RESEARCH CORPORATION
FIGURE 35 HK RESEARCH CORPORATION: SWOT ANALYSIS
11.4 ALLNEX
FIGURE 36 ALLNEX: SWOT ANALYSIS
11.5 SCOTT BADER COMPANY
FIGURE 37 SCOTT BADER COMPANY: COMPANY SNAPSHOT
FIGURE 38 SCOTT BADER COMPANY: SWOT ANALYSIS
11.6 POLIYA COMPOSITES RESINS AND POLYMERS
11.7 INTERPLASTIC CORPORATION
11.8 ALPHA OWENS-CORNING (AOC) ALIANCYS
11.9 POLYNT-REICHHOLD GROUP
11.10 TURKUAZ POLYESTER
11.11 OTHER COMPANIES
11.11.1 SIKA ADVANCED RESINS
11.11.2 GRM SYSTEMS S.R.O.
11.11.3 SATYEN POLYMERS
11.11.4 VIKRAM RESINS AND POLYMERS
11.11.5 MADER GROUP
11.11.6 RESOLTECH
11.11.7 ZHEJIANG LEADER COMPOSITE CO., LTD.
11.11.8 CHANGZHOU HUAKE POLYMERS CO., LTD.
11.11.9 ETERNAL SYNTHETIC RESINS (CHANGSU) CO., LTD.
11.11.10 JIANGSU FULLMARK CHEMICALS CO. LTD. CHINA
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
12 APPENDIX
12.1 DISCUSSION GUIDE
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
12.3 AVAILABLE CUSTOMIZATIONS
12.4 RELATED REPORTS
12.5 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
FIGURE 1 GELCOAT MARKET SEGMENTATION
1.3.1 REGIONS COVERED
FIGURE 2 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 UNIT CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 3 GELCOAT MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
2.2.1 SUPPLY SIDE ANALYSIS
FIGURE 4 MARKET NUMBER ESTIMATION
2.2.2 SEGMENT ANALYSIS
2.2.3 SEGMENT ANALYSIS
2.3 DATA TRIANGULATION
FIGURE 5 GELCOAT MARKET: DATA TRIANGULATION
2.4 ASSUMPTIONS
2.5 LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 6 POLYESTER TO BE THE LARGEST RESIN FOR GELCOAT
FIGURE 7 MARINE END-USE INDUSTRY ACCOUNTED FOR THE MAXIMUM SHARE
IN THE GELCOAT MARKET IN 2019
FIGURE 8 US ACCOUNTS FOR LARGEST SHARE OF THE GELCOAT MARKET
FIGURE 9 APAC TO WITNESS THE HIGHEST GROWTH IN GELCOAT MARKET
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE GELCOAT MARKET
FIGURE 10 GELCOAT MARKET PROJECTED TO WITNESS HIGH GROWTH BETWEEN
2020 AND 2025
4.2 GELCOAT MARKET, BY END-USE INDUSTRY & REGION
FIGURE 11 MARINE TO BE LEADING CONSUMER OF GELCOAT
4.3 GELCOAT MARKET, BY RESIN
FIGURE 12 POLYESTER TO DOMINATE THE OVERALL GELCOAT MARKET
4.4 GELCOAT MARKET, BY COUNTRY
FIGURE 13 CHINA TO REGISTER THE HIGHEST CAGR IN THE GELCOAT MARKET
5 MARKET OVERVIEW
5.1 INTRODUCTION
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES GOVERNING
THE GELCOAT MARKET
5.1.1 DRIVERS
5.1.1.1 Growing use of composites in various industries
5.1.1.2 Useful properties offered by gelcoat
5.1.1.3 Increase in demand for gelcoat in transportation industry
5.1.2 RESTRAINTS
5.1.2.1 Shift toward closed molding process affecting use of gelcoat
5.1.2.2 Cracking of gelcoat
5.1.2.3 Disruption in supply chain and logistics due to COVID-19
5.1.2.4 Lower capacity utilization and liquidity crunch due to COVID-19
5.1.3 OPPORTUNITIES
5.1.3.1 Growing wind energy industry
5.1.3.2 Growing demand from the APAC region
5.1.4 CHALLENGES
5.1.4.1 Government regulations for styrene emission
5.2 PORTER’S FIVE FORCES ANALYSIS
FIGURE 15 GELCOAT MARKET: PORTER’S FIVE FORCES ANALYSIS
5.2.1 THREAT OF NEW ENTRANTS
5.2.2 THREAT OF SUBSTITUTES
5.2.3 BARGAINING POWER OF SUPPLIERS
5.2.4 BARGAINING POWER OF BUYERS
5.2.5 INTENSITY OF COMPETITIVE RIVALRY
5.3 VALUE CHAIN ANALYSIS
FIGURE 16 GELCOAT MARKET VALUE CHAIN
5.4 PRICE ANALYSIS
5.5 TECHNOLOGY DEVELOPMENT
5.6 NEW TECHNOLOGY AND IMPACT ANALYSIS
5.7 GROWTH INFLUENCING FACTORS, BY END-USE INDUSTRY
6 MACROECONOMIC OVERVIEW AND KEY TRENDS
6.1 INTRODUCTION
6.1.1 TRENDS AND FORECAST OF GDP
TABLE 1 ANNUAL PERCENTAGE CHANGE OF GDP, BY REGION, APRIL 2020
6.1.2 IMPACT OF COVID-19 ON AEROSPACE INDUSTRY
TABLE 2 NUMBER OF AIRPLANE DELIVERIES, BY MANUFACTURER, 2019
6.1.2.1 Short-term strategies to manage cost structure and supply chains
6.1.2.2 New opportunities
6.2 IMPACT OF COVID-19 ON AUTOMOTIVE INDUSTRY
6.2.1 SHORT-TERM STRATEGIES TO MANAGE COST STRUCTURE AND
SUPPLY CHAINS
6.2.2 IMPACT ON ELECTRIC VEHICLE (EV) DEMAND DUE TO LOWER OIL PRICES
6.2.3 NEW OPPORTUNITIES
6.3 IMPACT OF COVID-19 ON WIND ENERGY INDUSTRY
6.3.1 SHORT-TERM STRATEGIES TO MANAGE COST STRUCTURE AND
SUPPLY CHAINS
6.3.2 NEW OPPORTUNITIES
7 GELCOAT MARKET, BY RESIN
7.1 INTRODUCTION
FIGURE 17 POLYESTER TO BE LEADING SEGMENT IN OVERALL MARKET
TABLE 3 GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 4 GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 5 GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 6 GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
7.2 IMPACT OF COVID-19 ON GELCOAT MARKET
7.3 POLYESTER
7.3.1 POLYESTER RESIN-BASED GELCOAT WIDELY USED FOR ITS
OUTSTANDING PROPERTIES
FIGURE 18 APAC TO BE FASTEST-GROWING MARKET FOR POLYESTER
RESIN-BASED GELCOAT
TABLE 7 POLYESTER RESIN-BASED GELCOAT MARKET, BY REGION, 2016–2019 (KILOTON)
TABLE 8 POLYESTER RESIN-BASED GELCOAT MARKET, BY REGION, 2016–2019 (USD MILLION)
TABLE 9 POLYESTER RESIN-BASED GELCOAT MARKET, BY REGION, 2020–2025 (KILOTON)
TABLE 10 POLYESTER RESIN-BASED GELCOAT MARKET, BY REGION, 2020–2025 (USD MILLION)
7.4 VINYL ESTER
7.4.1 VINYL ESTER RESIN-BASED GELCOAT PREFERRED FOR ITS CORROSION RESISTANCE AND DURABILITY
TABLE 11 VINYL ESTER RESIN-BASED GELCOAT MARKET, BY REGION, 2016–2029 (KILOTON)
TABLE 12 VINYL ESTER RESIN-BASED GELCOAT MARKET, BY REGION, 2016–2029 (USD MILLION)
TABLE 13 VINYL ESTER RESIN-BASED GELCOAT MARKET, BY REGION, 2020–2025 (KILOTON)
TABLE 14 VINYL ESTER RESIN-BASED GELCOAT MARKET, BY REGION, 2020–2025 (USD MILLION)
7.5 EPOXY
7.5.1 GELCOAT BASED ON EPOXY RESIN HAS VARIOUS THERMAL AND MECHANICAL PROPERTIES
TABLE 15 EPOXY RESIN-BASED GELCOAT MARKET, BY REGION, 2016–2019 (KILOTON)
TABLE 16 EPOXY RESIN-BASED GELCOAT MARKET, BY REGION, 2016–2019 (USD MILLION)
TABLE 17 EPOXY RESIN-BASED GELCOAT MARKET, BY REGION, 2020–2025 (KILOTON)
TABLE 18 EPOXY RESIN-BASED GELCOAT MARKET, BY REGION, 2020–2025 (USD MILLION)
7.6 OTHERS
TABLE 19 OTHER RESINS-BASED GELCOAT MARKET, BY REGION, 2016–2019 (KILOTON)
TABLE 20 OTHER RESINS-BASED GELCOAT MARKET, BY REGION, 2016–2019 (USD MILLION)
TABLE 21 OTHER RESIN-BASED GELCOAT MARKET, BY REGION, 2020–2025 (KILOTON)
TABLE 22 OTHER RESIN-BASED GELCOAT MARKET, BY REGION, 2020–2025 (USD MILLION)
8 GELCOAT MARKET, BY END-USE INDUSTRY
8.1 INTRODUCTION
FIGURE 19 MARINE TO BE LEADING END-USE INDUSTRY OF GELCOAT
TABLE 23 GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 24 GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 25 GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 26 GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
8.2 IMPACT OF COVID-19 ON END-USE INDUSTRIES
8.3 MARINE
8.3.1 MARINE IS THE MAJOR END-USE INDUSTRY OF GELCOAT
FIGURE 20 MARINE IS LARGEST END-USE INDUSTRY OF GELCOAT IN NORTH AMERICA
TABLE 27 GELCOAT MARKET SIZE IN MARINE INDUSTRY, BY REGION, 2016–2019 (KILOTON)
TABLE 28 GELCOAT MARKET SIZE IN MARINE INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 29 GELCOAT MARKET SIZE IN MARINE INDUSTRY, BY REGION, 2020–2025 (KILOTON)
TABLE 30 GELCOAT MARKET SIZE IN MARINE INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
8.4 TRANSPORTATION
8.4.1 USE OF FIBER REINFORCED COMPONENTS CONTRIBUTING TO DEMAND
FOR GELCOAT
TABLE 31 GELCOAT MARKET SIZE IN TRANSPORTATION INDUSTRY, BY REGION, 2016–2019 (KILOTON)
TABLE 32 GELCOAT MARKET SIZE IN TRANSPORTATION INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 33 GELCOAT MARKET SIZE IN TRANSPORTATION INDUSTRY, BY REGION, 2020–2025 (KILOTON)
TABLE 34 GELCOAT MARKET SIZE IN TRANSPORTATION INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
8.5 CONSTRUCTION
8.5.1 GELCOAT USED IN CONSTRUCTION DUE TO ITS RESISTANCE TO CORROSION, WATER, CHEMICALS, AND UV RAYS
TABLE 35 GELCOAT MARKET SIZE IN CONSTRUCTION INDUSTRY, BY REGION, 2016–2019 (KILOTON)
TABLE 36 GELCOAT MARKET SIZE IN CONSTRUCTION INDUSTRY, BY REGION, 2016–2019 (USD MILLION)
TABLE 37 GELCOAT MARKET SIZE IN CONSTRUCTION INDUSTRY, BY REGION, 2020–2025 (KILOTON)
TABLE 38 GELCOAT MARKET SIZE IN CONSTRUCTION INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
8.6 WIND ENERGY
8.6.1 GELCOAT WIDELY USED IN DIFFERENT APPLICATIONS IN WIND ENERGY INDUSTRY
TABLE 39 GELCOAT MARKET SIZE IN WIND ENERGY INDUSTRY, BY REGION, 2016–2019 (KILOTON)
TABLE 40 GELCOAT MARKET SIZE IN WIND ENERGY INDUSTRY, BY REGION, 2016–2019, (USD MILLION)
TABLE 41 GELCOAT MARKET SIZE IN WIND ENERGY INDUSTRY, BY REGION, 2020–2025 (KILOTON)
TABLE 42 GELCOAT MARKET SIZE IN WIND ENERGY INDUSTRY, BY REGION, 2020–2025 (USD MILLION)
8.7 OTHERS
TABLE 43 GELCOAT MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2016–2019 (KILOTON)
TABLE 44 GELCOAT MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2016–2019 (USD MILLION)
TABLE 45 GELCOAT MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2020–2025 (KILOTON)
TABLE 46 GELCOAT MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2020–2025 (USD MILLION)
9 GELCOAT MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 21 INDIA TO REGISTER THE HIGHEST CAGR
TABLE 47 GELCOAT MARKET SIZE, BY REGION, 2016–2019 (KILOTON)
TABLE 48 GELCOAT MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
TABLE 49 GELCOAT MARKET SIZE, BY REGION, 2020–2025 (KILOTON)
TABLE 50 GELCOAT MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
9.2 REGIONAL IMPACT OF COVID-19
9.3 NORTH AMERICA
FIGURE 22 NORTH AMERICA: GELCOAT MARKET SNAPSHOT
TABLE 51 NORTH AMERICA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 52 NORTH AMERICA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 53 NORTH AMERICA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 54 NORTH AMERICA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 55 NORTH AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 56 NORTH AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 57 NORTH AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 58 NORTH AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
TABLE 59 NORTH AMERICA: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (KILOTON)
TABLE 60 NORTH AMERICA: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 61 NORTH AMERICA: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (KILOTON)
TABLE 62 NORTH AMERICA: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
9.3.1 US
9.3.1.1 Growing composites industry is propelling US gelcoat market
TABLE 63 US: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 64 US: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 65 US: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 66 US: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 67 US: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 68 US: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 69 US: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 70 US: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.3.2 CANADA
9.3.2.1 Marine industry is the major driver for the gelcoat market in Canada
TABLE 71 CANADA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 72 CANADA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 73 CANADA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 74 CANADA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 75 CANADA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 76 CANADA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 77 CANADA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 78 CANADA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.4 EUROPE
FIGURE 23 EUROPE: GELCOAT MARKET SNAPSHOT
TABLE 79 EUROPE: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 80 EUROPE: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 81 EUROPE: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 82 EUROPE: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 83 EUROPE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 84 EUROPE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 85 EUROPE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 86 EUROPE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
TABLE 87 EUROPE: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (KILOTON)
TABLE 88 EUROPE: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 89 EUROPE: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (KILOTON)
TABLE 90 EUROPE: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
9.4.1 GERMANY
9.4.1.1 Germany is the leading consumer of gelcoat in Europe
TABLE 91 GERMANY: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 92 GERMANY: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 93 GERMANY: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 94 GERMANY: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 95 GERMANY: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 96 GERMANY: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 97 GERMANY: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 98 GERMANY: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.4.2 ITALY
9.4.2.1 Growing demand for high-strength driving the market in Italy
TABLE 99 ITALY: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 100 ITALY: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 101 ITALY: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 102 ITALY: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 103 ITALY: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 104 ITALY: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 105 ITALY: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 106 ITALY: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.4.3 FRANCE
9.4.3.1 Marine and transportation industries generate high demand
for gelcoat in France
TABLE 107 FRANCE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 108 FRANCE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 109 FRANCE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 110 FRANCE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.4.4 UK
9.4.4.1 Transportation industry is a major end user of gelcoat in UK
TABLE 111 UK: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 112 UK: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 113 UK: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 114 UK: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.4.5 REST OF EUROPE
TABLE 115 REST OF EUROPE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 116 REST OF EUROPE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 117 REST OF EUROPE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 118 REST OF EUROPE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.5 APAC
FIGURE 24 APAC: GELCOAT MARKET SNAPSHOT
TABLE 119 APAC: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 120 APAC: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 121 APAC: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 122 GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 123 APAC: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 124 APAC: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 125 APAC: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 126 APAC: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
TABLE 127 APAC: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (KILOTON)
TABLE 128 APAC: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 129 APAC: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (KILOTON)
TABLE 130 APAC: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
9.5.1 CHINA
9.5.1.1 Presence of many gelcoat manufacturers helping the market growth
TABLE 131 CHINA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 132 CHINA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 133 CHINA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 134 CHINA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 135 CHINA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 136 CHINA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 137 CHINA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 138 CHINA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.5.2 INDIA
9.5.2.1 Growing focus on wind energy industry propelling the market
TABLE 139 INDIA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 140 INDIA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 141 INDIA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 142 INDIA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.5.3 JAPAN
9.5.3.1 Presence of major composites manufacturers contributes
to market growth
TABLE 143 JAPAN: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 144 JAPAN: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 145 JAPAN: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 146 JAPAN: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 147 JAPAN: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 148 JAPAN: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 149 JAPAN: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 150 JAPAN: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.5.4 REST OF APAC
TABLE 151 REST OF APAC: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 152 REST OF APAC: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 153 REST OF APAC: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 154 REST OF APAC: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.6 LATIN AMERICA
TABLE 155 LATIN AMERICA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 156 LATIN AMERICA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 157 LATIN AMERICA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 158 LATIN AMERICA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 159 LATIN AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 160 LATIN AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 161 LATIN AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 162 LATIN AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
TABLE 163 LATIN AMERICA: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (KILOTON)
TABLE 164 LATIN AMERICA: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 165 LATIN AMERICA: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (KILOTON)
TABLE 166 LATIN AMERICA: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
9.6.1 BRAZIL
9.6.1.1 Growing number of wind energy installations driving the
market in Brazil
TABLE 167 BRAZIL: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 168 BRAZIL: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 169 BRAZIL: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 170 BRAZIL: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 171 BRAZIL: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 172 BRAZIL: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 173 BRAZIL: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 174 BRAZIL: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.6.2 MEXICO
9.6.2.1 Marine and transportation generate high demand for
gelcoat in Mexico
TABLE 175 MEXICO: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 176 MEXICO: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 177 MEXICO: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 178 MEXICO: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.6.3 REST OF LATIN AMERICA
TABLE 179 REST OF LATIN AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 180 REST OF LATIN AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 181 REST OF LATIN AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 182 REST OF LATIN AMERICA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.7 MEA
TABLE 183 MEA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 184 MEA: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 185 MEA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 186 MEA: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 187 MEA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 188 MEA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 189 MEA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 190 MEA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
TABLE 191 MEA: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (KILOTON)
TABLE 192 MEA: GELCOAT MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 193 MEA: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (KILOTON)
TABLE 194 MEA: GELCOAT MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
9.7.1 UAE
9.7.1.1 UAE is fast-growing market for gelcoat in MEA
TABLE 195 UAE: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (KILOTON)
TABLE 196 UAE: GELCOAT MARKET SIZE, BY RESIN, 2016–2019 (USD MILLION)
TABLE 197 UAE: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (KILOTON)
TABLE 198 UAE: GELCOAT MARKET SIZE, BY RESIN, 2020–2025 (USD MILLION)
TABLE 199 UAE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 200 UAE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 201 UAE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 202 UAE: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.7.2 SAUDI ARABIA
9.7.2.1 Major demand for gelcoat generated from construction industry
in Saudi Arabia
TABLE 203 SAUDI ARABIA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 204 SAUDI ARABIA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 205 SAUDI ARABIA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 206 SAUDI ARABIA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
9.7.3 REST OF MEA
TABLE 207 REST OF MEA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (KILOTON)
TABLE 208 REST OF MEA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 209 REST OF MEA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (KILOTON)
TABLE 210 REST OF MEA: GELCOAT MARKET SIZE, BY END-USE INDUSTRY, 2020–2025 (USD MILLION)
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
FIGURE 25 COMPANIES ADOPTED EXPANSION AND NEW PRODUCT LAUNCH AS
KEY GROWTH STRATEGIES BETWEEN 2015 AND 2020
10.2 RECENT DEVELOPMENTS
10.2.1 EXPANSION
TABLE 211 EXPANSION, 2015—2020
10.2.2 AGREEMENT & PARTNERSHIP
TABLE 212 AGREEMENT & PARTNERSHIP, 2015—2020
10.2.3 NEW PRODUCT LAUNCH
TABLE 213 NEW PRODUCT LAUNCH, 2015—2020
10.2.4 MERGER & ACQUISITION
TABLE 214 MERGER & ACQUISITION, 2015—2020
10.3 MARKET RANKING OF TOP 5 PLAYERS IN GELCOAT MARKET
FIGURE 26 RANKING OF TOP FIVE PLAYERS IN GELCOAT MARKET
10.4 MARKET SHARE ANALYSIS IN GELCOAT MARKET
10.5 COMPETITIVE BENCHMARKING
10.5.1 TIER 1 COMPANIES
10.5.1.1 Dynamic differentiators
10.5.1.2 Innovators
10.5.1.3 Vanguard
10.5.1.4 Emerging
FIGURE 27 DIVE CHART
10.5.2 COMPETITIVE BENCHMARKING OF TIER 1 COMPANIES
10.5.2.1 Strength of product portfolio
FIGURE 28 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN GELCOAT MARKET
10.5.2.2 Business strategy excellence
FIGURE 29 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN GELCOAT MARKET
10.5.3 TIER 2 AND 3 COMPANIES
10.5.3.1 Dynamics differentiators
10.5.3.2 Innovators
10.5.3.3 Vanguard
10.5.3.4 Emerging companies
FIGURE 30 DIVE CHART
10.5.4 COMPETITIVE BENCHMARKING TIER 2 AND 3 COMPANIES
10.5.4.1 Strength of product portfolio
FIGURE 31 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN GELCOAT MARKET
10.5.4.2 Business strategy excellence
FIGURE 32 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN GELCOAT MARKET
11 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 INEOS ENTERPRISE
FIGURE 33 INEOS ENTERPRISE: SWOT ANALYSIS
11.2 BUFA COMPOSITE SYSTEMS GMBH
FIGURE 34 BUFA COMPOSITE SYSTEMS GMBH: SWOT ANALYSIS
11.3 HK RESEARCH CORPORATION
FIGURE 35 HK RESEARCH CORPORATION: SWOT ANALYSIS
11.4 ALLNEX
FIGURE 36 ALLNEX: SWOT ANALYSIS
11.5 SCOTT BADER COMPANY
FIGURE 37 SCOTT BADER COMPANY: COMPANY SNAPSHOT
FIGURE 38 SCOTT BADER COMPANY: SWOT ANALYSIS
11.6 POLIYA COMPOSITES RESINS AND POLYMERS
11.7 INTERPLASTIC CORPORATION
11.8 ALPHA OWENS-CORNING (AOC) ALIANCYS
11.9 POLYNT-REICHHOLD GROUP
11.10 TURKUAZ POLYESTER
11.11 OTHER COMPANIES
11.11.1 SIKA ADVANCED RESINS
11.11.2 GRM SYSTEMS S.R.O.
11.11.3 SATYEN POLYMERS
11.11.4 VIKRAM RESINS AND POLYMERS
11.11.5 MADER GROUP
11.11.6 RESOLTECH
11.11.7 ZHEJIANG LEADER COMPOSITE CO., LTD.
11.11.8 CHANGZHOU HUAKE POLYMERS CO., LTD.
11.11.9 ETERNAL SYNTHETIC RESINS (CHANGSU) CO., LTD.
11.11.10 JIANGSU FULLMARK CHEMICALS CO. LTD. CHINA
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
12 APPENDIX
12.1 DISCUSSION GUIDE
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
12.3 AVAILABLE CUSTOMIZATIONS
12.4 RELATED REPORTS
12.5 AUTHOR DETAILS
