The Gelcoat Market Perspective, Comprehensive Analysis along with Major Segments and Forecast, 2019-2025. The Gelcoat market report is a valuable source of data for business strategists. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). The report explores the current outlook in global and key regions from the perspective of players, countries, product types and end industries. This Gelcoat Market study provides comprehensive data that enhances the understanding, scope, and application of this report.
Top Companies in the Global Gelcoat Market
Ashland, BUFA GmbH, HK Research Corporation, Polynt-Reichhold, Scott Bader, AOC, Nuplex Industries, Aliancys, Interplastic, Mader, Tomatec, Aromax Technolog, Jiangsu Fullmark Chemicals, Tianma Group, Changzhou Heyu Chemical, Zhenjiang Leader Composite, among others.
The global Gelcoat Market to grow with a CAGR of +7.1% over the forecast period of 2019-2025.
Gelcoat is a high-quality finish on the visible surface of a fiber-reinforced composite. Gelcoats are modified resins which are applied to molds in the liquid state. Gel coated surface appears to be glossy after curing and offers superior properties such as flexibility, stiffness, strength, chemical resistance, corrosion resistance, weather resistance, and UV resistance, thus enhancing the durability of reinforced plastics substrate.
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Key Market Trends
Epoxy Segment to Dominate the Market
– Epoxy gelcoats are one of the major resin types available in the global gelcoat market.
– These coatings are used during shipbuilding, maintenance, and repairs on multiple parts of the ship, such as underwater hulls, ballast tanks, cargo tanks or holds, decks, topsides, and superstructures, among other parts.
– Epoxy coatings are majorly used as primers and topcoats. Owing to their convenience to recoat, bonding ability with different materials and moisture-resistant nature, these coatings are effectively used for applications involving corrosion-resistivity.
– All these factors are likely to rapidly drive the market during the forecast period.
China to Dominate the Asia-Pacific Region
– China is making a concerted effort to establish itself as a major marine power. It is now the worlds largest shipbuilder in terms of gross tonnage and value, leaving behind Japan and South Korea.
– The Chinese shipbuilding industry has integrated military and commercial efforts. With a strong commitment to the industry from China, the Chinese shipyards have already achieved a standard that caters to international customers, and the quality and quantity are expected to increase, during the forecast period.
– There are several projects and developments in the Chinese shipbuilding industry, which are evident examples of the growth of the market.
– Furthermore, the rapidly growing construction industry, primarily in China, is a major factor driving the demand for gelcoat in the construction industry.
The Gelcoat market can be divided based on product types and its sub-type, major applications and Third Party usage area, and important regions.
This report segments the global Gelcoat Market on the basis of Types are
Vinyl Ester Type
On The basis Of Application, the Global Gelcoat Market is Segmented into
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Regions Are covered By Gelcoat Market Report 2019 To 2025.
North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada and Mexico).
Europe (Germany, France, UK, Russia and Italy).
Asia-Pacific (China, Japan, Korea, India and Southeast Asia).
Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of Gelcoat Market
-Changing Gelcoat market dynamics of the industry
-In-depth market segmentation by Type, Application etc.
-Historical, current and projected Gelcoat market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Gelcoat Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
-Recent developments and key government policies.
-Short to medium-term outlook, including forecasts for economic growth, inflation, monetary and fiscal policy, exchange rates and the external sector.
-Key forecast data, with regional comparisons.
-Includes GDP, expenditure, population, fiscal indicators, prices and financial indicators, current account, external debt, international reserves, foreign trade, capital flows, exchange rates, money supply, interest rates, retail sales and industrial production.
The report has 150 tables and figures browse the report description and TOC
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