Gel-coat market is growing due to the high demand from construction, and transportation

The report "Gelcoat Market by Resin Type (Polyester, Vinyl Ester, Epoxy), End Use Industry (Marine, Transportation, Construction, Wind Energy), Region (North America, Asia Pacific, Europe, Middle East & Africa and Latin America)-Global Forecast to 2024”.

Download PDF Brochure @ http://bit.ly/2GdPpNP

Polyester is the largest resin used for gelcoat manufacturing in 2019.

Polyester resin is widely used for gelcoat. In terms of value and volume, the polyester resin-based gelcoat market accounted for a major share of the overall market in 2019. Polyester resins are less expensive and possess properties such as good corrosion resistance, fast curing, durability, tolerance to temperature, and low thermal expansion. Polyester resin used in gelcoats offers durability for molds and parts.

APAC is expected to be the largest market for gelcoat during the forecast period.

APAC is the largest gelcoat market, in terms of both value and volume. China, India, and Japan are the fast-growing economies that contribute to the growth of the market in the region. The booming wind energy industry and the transportation industry are bolstering the market for gelcoat in the region.

The major gelcoat manufacturers are Ineos Enterprise (UK), Bufa Composite Systems GmbH (Germany), HK Research Corporation (US), Allnex (Germany), Scott Bader Company (UK), Poliya Composites Resins and Polymers (Turkey), Interplastic Corporation (US), Alpha Owens Corning (AOC) Aliancys (US), Polynt-Reichhold Group (US) and Turkuaz Polyester (Turkey).

Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=164224381

Scott Bader Company is one of the prime manufacturers of gelcoat in the European region. The company possesses extensive product portfolio pertaining to gelcoats. It gives immense emphasis on the development of high-grade gelcoats for usage in various end-use industries. As a part of its growth strategy, the company is highly focused on expansions. For instance, in September 2018, the company expanded its presence in the Japanese market by opening a facility named Scott Badder Japan KK.

About Us-

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth emerging opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets's™ flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact Us-

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

sales@marketsandmarkets.com

The Rubik's Cube makes a perfect gift for any occasion. Learn how to solve the cube on Ruwix.

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.