Global Gel Coats and Pigments Market Will Grow at a CAGR 5.0% and Reach USD 900 Million by 2023, from USD 670 Million in 2017

New Global Gel Coats and Pigments Consumption Market 2023 Report Covers market forecast and top Companies like Ashland Performance Materials, BUFA GumbH, HK Research Corporation, Polynt - Reichhold, Scott Bader and others.


Lewes, DE -- (SBWire) -- 01/12/2019 --Global Gel Coats and Pigments market will register a 5.0% CAGR in terms of revenue, reach US$ 900 million by 2023, from US$ 670 million in 2017.

Gel coats and pigment are specialized polyester or vinyl ester resin formulations that are formulated as an in-mold coating to provide appealing cosmetics and protect the underlying laminate. Gel coat is typically sprayed in a mold and the structural laminate, or cast polymer matrix, applied behind the gel coat surface in either open molding or closed molding processes.

China is an important market, and there are dozens of producers located in China, like Aromax Technolog, Jiangsu Fullmark Chemicals, Tianma Group, Changzhou Heyu Chemical and Zhenjiang Leader Composite etc.

Polyester resin gelcoat occupies for the biggest market share as it is widely used in marine, wind energy, construction and transportation industries. Vinyl ester resin gelcoat is the second largest segment, due the growing marine industry in North America, Korea, Japan and China; the epoxy resin gelcoat develops fast, driven by the demand from budding wind energy and transportation industries in Asia-Pacific, South America, North America, and Middle East.

Over the next five years, study projects that Gel Coats and Pigments will register a 5.0% CAGR in terms of revenue, reach US$ 900 million by 2023, from US$ 670 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Gel Coats and Pigments market by product type, application, key manufacturers and key regions.

To calculate the market size, study considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Polyester Type
Epoxy Type
Vinyl Ester Type
Other Type

Segmentation by application:
Wind Energys

This report also splits the market by region:
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Ashland Performance Materials
HK Research Corporation
Polynt - Reichhold
Scott Bader
Nuplex Industries
Aromax Technology
Jiangsu Fullmark Chemicals
Tianma Group
Changzhou Heyu Chemical
Zhejiang Leader Composite

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Gel Coats and Pigments consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Gel Coats and Pigments market by identifying its various subsegments.
Focuses on the key global Gel Coats and Pigments manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Gel Coats and Pigments with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Gel Coats and Pigments submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Spanning over 165 pages "Forecast of Global Gel Coats and Pigments Consumption Market 2023" report covers Scope of the Report, Executive Summary, Global Gel Coats and Pigments by Players, Gel Coats and Pigments by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Gel Coats and Pigments Market Forecast, Key Players Analysis, Research Findings and Conclusion.

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