Growth Opportunities in the Global Gelcoat Market
LONDON, Jan. 18, 2018 /PRNewswire/ -- The future of the gelcoat market looks attractive with opportunities in the wind energy, marine, construction, tanks, and transportation industries. The global gelcoat market is expected to reach an estimated $1.04 billion by 2022 and is forecast to grow at a CAGR of 4.4% from 2017 to 2022. Growth in marine, wind and construction industries is driving gelcoat consumption.
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Emerging trends, which have a direct impact on the dynamics of the gelcoat industry, include a shift towards low styrene emission gelcoat and the development of gelcoat having compatibility with different resin system.
Gelcoat Market Trends
Gelcoat Market Forecast by End Use Industry
Growth Opportunities for the Global Gelcoat Market by Region
The study includes the gelcoat market size and forecast for the global gelcoat market through 2022 by end use industry, resin chemistry, and region as follows:
Gelcoat Market by End Use Industry [Volume (Million Pounds) and $M shipment analysis for 2011 – 2022]:
Wind
Marine
Construction
Transportation
Tanks
Others
Gelcoat Market by Resin Chemistry [Volume (Million Pounds) and $M shipment analysis for 2011 – 2022]:
Polyester
Vinylester
Epoxy
Others
Gelcoat Market by Region [Volume (Million Pounds) and $M shipment analysis for 2011 – 2022]:
North America
US
Europe
Russia
France
Germany
Italy
Asia Pacific
China
India
Japan
The Rest of the World
Brazil
Gelcoat companies profiled in this market include Ashland Inc., Scott Bader, Allnex, Bufa Composite Systems GmbH & Co. KG, Polynt-Reichhold Group, and HK Research Corporation are among the major suppliers of gelcoat.
Within the gelcoat market, marine is expected to remain the largest end use industry. The wind energy industry is expected to witness the highest growth during the forecast period, supported by the increasing installation of wind turbines.
North America is expected to remain the largest market by value and volume and is also expected to witness the highest growth over the forecast period because of growth in the end use industries industry.
Some of the features of "Growth Opportunities in the Global Gelcoat Market 2017-2022: Trends, Forecast, and Opportunity Analysis" include:
Market size estimates: Global gelcoat market size estimation in terms of value ($M) and volume (Million Pounds) shipment.
Trend and forecast analysis: Market trend (2011-2016) and forecast (2017-2022) by segments and region.
Segmentation analysis: Global gelcoat market size by various applications such as end use industry, and resin chemistry in terms of value and volume shipment.
Regional analysis: Global gelcoat market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions of gelcoat in the global gelcoat market.
Strategic analysis: This includes M&A, new product development, and competitive landscape of gelcoat in the global gelcoat market. Analysis of competitive intensity of the industry based on Porter's Five Forces model
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global gelcoat market by end use industry (wind, marine, construction, transportation, tank, and others), resin chemistry (polyester, vinylester, epoxy and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the gelcoat market?
Q.5 What are the business risks and threats to the gelcoat market?
Q.6 What are emerging trends in this gelcoat market and the reasons behind them?
Q.7 What are some changing demands of customers in the gelcoat market?
Q.8 What are the new developments in the gelcoat market? Which companies are leading these developments?
Q.9 Who are the major players in this gelcoat market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this gelcoat area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this gelcoat market?
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