Title: Gelcoat Market - Forecast (2023 - 2028)
1Gelcoat MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
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- Gelcoat market size is forecast to reach US1.1
billion by 2027, after growing at a CAGR of 8
during 2022-2027. The utilization of gelcoat to
provide a protective layer and a high-quality
finish on the surface of the fiber-reinforced
composite, in various end-use industries such as
building construction, automotive, marine, and
others is driving the market growth. Gelcoat is
often used to color and to improve surface
characteristics of the composite such as
corrosion resistance, water resistance, heat
resistance, and appearance. Polyester gelcoat is
applied to the finished part and products of the
fiber reinforced composite material to offer
surface finish and protection.
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- Key Takeaways
- Rapidly rising demand for gelcoat in the energy
sector for protective coating on wind and tidal
turbine rotor blade has driven the growth of the
market. - The increasing demand for gelcoat in building
construction sector, due to its chemical,
mechanical, and thermal resistance characteristics
has been a critical factor driving the growth of
the gelcoat market. - However, the health hazards and stringent
environmental regulations associated with the use
of gelcoats can hinder the growth of
the gelcoat market. -
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By Distribution Channel- Segment Analysis The
polyester segment held the largest share in the
gelcoat market in 2021, owing to the extensive
characteristics of polyester resins. Polyester
resins are less costly and possess properties
such as good resistance to corrosion, fast
curing, durability, temperature tolerance, and
low thermal expansion. For molds and parts,
polyester resins used in gelcoats offer
durability. Polyester resins, typically methyl
ethyl ketone peroxide, require a catalyst to cure
or harden (MEKP). They are naturally
UV-resistant, usually seen as simple to use, fast
curing,
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- Gelcoat
Market Outlook - HK Research Corporation
- Scott Bader
- Ineos
- Bufa Composite Systems Gmbh
- Allnex, Alpha Owens Corning
- Polynt Reichold
- Turkuaz Polyester
- Ashland
- Poliya Composites Resins and Polymers
- Interplastic Corporation.
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Gelcoat Market Forecast
(2023 - 2028) Learn More About the Report
_at_ https//www.industryarc.com/Report/15511/gelco
at-market.html
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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