Skip to main content

Gelcoat Market

Gelcoat Market was valued at US$ 1.1 Bn in 2017 and is expected to reach US$ 2.05 Bn by 2026, at a CAGR of 8.08 % during a forecast period.


Global Gelcoat Market


The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Gelcoat market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focus on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies and regional presence. The report also provide PEST analysis, PORTER’s analysis, SWOT analysis to address question of shareholders to prioritizing the efforts and investment in near future to emerging segment in Gelcoat market.


Gelcoat is a material used to provide a superior finishing on a surface of a fiber-reinforced composite used to protect structural laminates. Isophthalic acid-based resins are used to manufacture gelcoats. The common gelcoat are thermosetting polymers based on epoxy or unsaturated polyester resin. Gelcoats are modified resins which are applied to molds in a liquid state. These coats offer various properties such as corrosion resistance, UV degradation and water absorption. The selection of isophthalic acid-based resins will increases water retention and blister resistance by gelcoats.


Increase in demand for composites to decrease weight and enhancing fuel efficiency of the transportation systems like railways, autos, and leisure vehicles plays propels the necessity for gelcoats in the transportation industry. These coats are available in brush and spray forms of suitable thickness so that laminate is not susceptible to any cracking damage with various uses in marine, wind, construction, and transportation industries. Most gelcoats are used in the marine industry.


Based on resin type, Polyester is the largest resin used for gelcoat manufacturing in 2017. Increasing use of polyester resin in marine, wind and transportation industry owing to its excellent UV degradation compared to vinyl ester and epoxy resin has boosted the polyester resin gelcoat market over the forecasted period. These resins are less expensive and has properties such as good corrosion resistance, fast curing, durability, tolerance to temperature, and low thermal expansion. Polyester resin holds the largest market during the forecast period, in terms of value and volume.


In terms of end-user industry, the marine end use segment accounted for the largest share of the gelcoat market in 2017, and also expected to be dominant throughout the forecast period. According to National Marine Manufacturers Association, around 95% of powerboats sold in the U.S. are manufactured in the U.S. itself. The German shipbuilding industry has undergone substantial transformation over the past few decades, first with modernization and privatization of the yards in East Germany during the 1990's, where considerable investment was made to improve the competitiveness of the industry, which resulted in a number of insolvencies in German yards, and significant consolidation.


Geographically, Asia Pacific is expected to be the largest market for gelcoat during the forecast period, in terms of value and volume. China is now the world’s largest shipbuilder in terms of gross tonnage and value, leaving behind Japan and South Korea. Rapid growth in marine boat safety in countries such as the U.S. and Canada is a foremost factor driving the demand for global gelcoat market. Globally, The U.S. is a major consumer of gelcoat.


For More Information Visit:

Scope of Global Gelcoat Market:


Global Gelcoat Market, by Resin Type:


  • Polyester
  • Vinyl Ester

Global Gelcoat Market, by End user:


  • Marine
  • Transportation
  • Construction
  • Wind Energy
  • Others

Global Gelcoat Market, by Region:


  • North America
  • Europe
  • Middle East & Africa
  • Asia Pacific
  • South America

Key Players Operating In Global Gelcoat Market:


  • Ineos Enterprise,
  • Bufa Composite Systems GmbH,
  • HK Research Corporation
  • Allnex
  • Scott Bader Company
  • Poliya Composites Resins and Polymer
  • Interplastic Corporation
  • Alpha Owens Corning (AOC) Aliancys
  • Polynt-Reichhold Group
  • Turkuaz Polyester
  • Synergys Technologies
  • Bang and Bonsomer
  • Ashland
  • Reichhold LLC
  • Nuplex Industries Ltd



 This Report Is Submitted By @maximize market research

Customization of the report:

Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.


About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.


Contact Us:

Name: Lumawant Godage



Contact: +91 9607365656


Popular posts from this blog

   5 Tips for Guiding Your Child Through an Escape Room   The most distinguishable characteristics of children are how immensely full of energy and curiosity they are! Compared to adults, they are far more willing to start thinking out of the box and be creative. These factors seemingly make them one of the best players to enjoy an escape room experience.    Taking your child to one of the escape rooms in Prescott this weekend can be a memorable experience for them. Visiting the escapades also undeniably offers you one of the best ways to spend quality time with your family. Furthermore, it also allows your child to test their creativity and problem-solving skills and even enhance their motor skills.    Now, while you take your kid to an escape room game anytime soon, here are 5 essential tips that you need to keep in your mind: 1.    Do your homework! It is always better to prepare yourself before entering the escape room game. So, instead of randomly choosing and

What Is Digital Marketing?

 What Is Digital Marketing? Digital marketing is that the use of the social media, Internet, search engines, mobile devices, and other channels to succeed in consumers. Some consider digital marketing to be entirely new which needs a replacement way of understanding that how customers behave and new ways of approaching the purchasers compared to the normal marketing. Digital Marketing Channels 1. Website Marketing 2. Pay-Per-Click (PPC) Advertising 3.Content Marketing 4.Email Marketing 5.Social Media Marketing 6.Affiliate Marketing 7.Video Marketing 8.SMS Messaging Digital Marketing As A course and Career The Digital Marketing course will transform you into a complete digital marketer with expertise in the top eight digital marketing domains — search engine optimization, social media, pay-per-click, conversion optimization, digital analytics, content, mobile, and email marketing. Fast-track your career in digital marketing today with practical training you can appl

What is the ideal profile for a digital marketing consultant? Find out here

Running a business is not a simple task, and it is usually not a task for just one person. In general, a good entrepreneur needs to have notions and financial management, people management, marketing, and sales management, among other basic knowledge. For this reason, as the company develops, it becomes essential to hire specialist professionals in each specific area. However, even these managers do not always master all the technologies and knowledge of their areas of expertise, as is the case with digital marketing, and this is where consultants enter. According to the best digital marketing company in Udaipur, a company seeks the assistance of a digital marketing consultancy in the following situations: 1. Carrying out a diagnosis of the current situation of a certain sector or project of the company. 2. Lack of time for company employees to develop a specific project. 3. To solve a specific problem that requires the knowledge of a specialist in the area to minimize the possibility