New York, USA, June 20, 2022 (GLOBE NEWSWIRE) — Gelcoat Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), “Gelcoat Market Information by Resin, Application, and Region – Forecast till 2030”, the market is estimated to grow at a 6.6% CAGR to reach USD 2,236.1 Million by 2030.
Market Synopsis
Gelcoat is one of the thickest layers of resin that is used on the surface of fiber-reinforced composites to offer a protective, glossy, and high-quality finish to the product. It is the earliest layer to be applied on the inner surface of the mold.
Gelcoats can be described as thermosetting polymers that are either based on polyester or epoxy resins. Gelcoats enhance the durability and aesthetic appeal of the product, elevating the resistance level to ultraviolet degradation, and preventing hydrolysis. These properties make it ideal for applications in wind turbines, sanitary ware products, and marine vehicles and aircraft.
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Report Scope:
Report Attribute | Details |
2030 Market Size | 2030: USD 2,236.1 Million |
CAGR | 6.6% (2022–2030) |
Base Year | 2021 |
Forecast Period | 2022–2030 |
Historical Data | 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Resin, Application, and Region |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key… |