Lucintel Forecasts The Global Gelcoat Market To Reach $2 Billion By 2031

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global gelcoat market looks promising with opportunities in the wind energy, marine, construction, transportation, and tank end uses. The global gelcoat market is expected to reach an estimated $2 billion by 2031 with a CAGR of 3% from 2024 to 2031. The major drivers for this market are growing use of composite materials in different industries and performance benefits of gelcoat, such as UV protection, better surface appearance, etc.
A more than 150-page report to understand trends, opportunity and forecast in global gelcoat market to 2031 by end use industry (wind energy, marine, construction, transportation, tank, and other end use industries), resin chemistry (polyester, vinyl ester, epoxy, and other resin chemistries), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that construction will remain the largest end use segment over the forecast period, supported by the growth of construction and rehabilitation in the developing countries. Wind energy is expected to witness highest growth over the forecast ...
... period.
Polyester will remain the largest segment due to low cost and usage in wide application area. Epoxy is expected to witness highest growth in the forecast period.
Download sample by clicking on gelcoat market.
Asia Pacific is expected to remain the largest region and it is also expected to witness the highest growth over the forecast period due to increasing growth in construction end use for the economic expansion in India and China.
Ineos Composites, Scott Bader, Allnex, Bufa Composites Systems GmBH & Co. KG, Polynt Group, HK Research Corporation are the major suppliers in the gelcoat market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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