Reportocean.com “Global Gelcoat Market” research report has been added to its Research Database.
Global Gelcoat Market is expected to reach at a CAGR of 7.5% in the forecast period of 2019 to 2026. The market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026
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By Type (Standard Gelcoat, Specialty Gelcoat), Resin (Polyester, Vinyl Ester, Epoxy and Others), Application Method (Spray, Brush & Roller), End-User(Automotive, Marine, Building and Construction, Wind Energy and Others), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)
Major growing sectors under the market segmentation are as follows:
> In type, the standard gelcoat is growing at the highest CAGR as it is a basic gelcoat and gives standard appearance without gloss and has high resistance UV, water and corrosion; hence it is widely used in almost every end user industry
> In resin, the epoxy segment is growing at the highest CAGR as it show better compatibility with materials and also best suitable for automobile industry
> In application method, the spray segment is growing at the highest CAGR as it is easy to apply and consumes less time. Also, as the marine and automobiles are the largest consumer of the gelcoat; ships, boats, yachts are require spray method of application due their humongous size and it covers large areas in less time
> In end-user, the marine segment is growing at the highest CAGR since it helps in the protection from the external factors for long period of time. Also, many marine projects are coming into action which is leading to the increasing usage
Key Market Players
The key market players for global gelcoat market are listed below:
> AKZO NOBEL N.V.
> LyondellBasell Industries Holdings B.V.
> SIKA AG
> AEKYUNG CHEMICAL Co., Ltd
> ALLNEX NETHERLANDS B.V.
> AOC, LLC
> BuFA GmbH & Co. KG
> Changzhou Huake Polymers Co., Ltd.
> DE USSEL COATINGS BV
> DUGALAK Ltd.
> Eternal Synthetic Resins (Changshu) Co.,Ltd.
> HK Research Corporation
> Interplastic Corporation
> Leader Compsite Comp.,Ltd
> NANO4LIFE EUROPE L.P.
> Scott Bader Company Ltd.
> TURKUAZ POLYESTER
TABLE OF CONTENTS
1 INTRODUCTION 30
1.1 OBJECTIVES OF THE STUDY 30
1.2 MARKET DEFINITION 30
1.3 OVERVIEW OF GLOBAL GELCOAT MARKET 30
1.4 CURRENCY AND PRICING 31
1.5 LIMITATIONS 32
1.6 MARKETS COVERED 32
2 MARKET SEGMENTATION 35
2.1 MARKETS COVERED 35
2.2 GEOGRAPHICAL SCOPE 36
2.3 YEARS CONSIDERED FOR THE STUDY 37
2.4 CURRENCY AND PRICING 37
2.5 DBMR TRIPOD DATA VALIDATION MODEL 38
2.6 TECHNOLOGY LIFE LINE CURVE 41
2.7 MULTIVARIATE MODELLING 42
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 43
2.9 DBMR MARKET POSITION GRID 45
2.10 MARKET APPLICATION COVERAGE GRID 46
2.11 DBMR MARKET CHALLENGE MATRIX 47
2.12 IMPORT-EXPORT DATA 48
2.13 DBMR VENDOR SHARE ANALYSIS 49
2.14 SECONDARY SOURCES 50
2.15 ASSUMPTIONS 51
3 MARKET OVERVIEW 52
3.1 DRIVERS 54
3.1.1 GROWING DEMAND OF GELCOATS IN MARINE INDUSTRY DUE TO RISING NUMBER OF YACHT PROJECTS AND WATER BASED RECREATIONAL ACTIVITIES 54
3.1.2 INCREASED USAGE OF GELCOAT IN VARIOUS APPLICATIONS 55
3.1.3 PROPERTIES OF GELCOAT LEADING TO RISE IN DEMAND OF THE PRODUCT 55
3.1.4 WIDE APPLICATION IN TRANSPORTATION AND CONSTRUCTION 56
3.2 RESTRAINTS 56
3.2.1 CRACKING IN GELCOAT 56
3.2.2 MISMATCH OF COLOR IN GELCOAT 56
3.2.3 REGULATION ON VOLATILE ORGANIC COMPOUNDS(VOC) 57
3.2.4 RISING RAW MATERIAL PRICES 57
3.3 OPPORTUNITIES 58
3.3.1 COMPANIES INVESTING IN INNOVATING ADVANCED GELCOAT PRODUCTS 58
3.3.2 GROWING DEMAND OF LOW-STYRENE EMISSION PRODUCTS 58
3.3.3 INCREASE IN DEMAND FROM EMERGING REGIONS 59
3.4 CHALLENGES 59
3.4.1 POROSITY IN GELCOAT 59
3.4.2 PRE-RELEASE OF GELCOAT 60
3.4.3 CRATERING OR AIR BUBBLE FORMATION DURING GELCOAT APPLICATION 60
4 EXECUTIVE SUMMARY 61
5 PREMIUM INSIGHTS 65
6 INDUSTRY INSIGHTS 68
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