Gel Coats and Pigments Market Size to Hit 920 Million US$ by 2025 Growing at a CAGR of 4.0%
Los Angeles, CA -- (SBWire) -- 04/17/2019 --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.
The global Gel Coats and Pigments market was 670 million US$ in 2018 and is expected to 920 million US$ by the end of 2025, growing at a CAGR of 4.0% between 2019 and 2025.
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This report studies the Gel Coats and Pigments market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Gel Coats and Pigments in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Ashland Performance Materials
BUFA GumbH
HK Research Corporation
Polynt - Reichhold
Scott Bader
AOC
Nuplex Industries
Aliancys
Interplastic
Mader
Tomatec
Aromax Technology
Jiangsu Fullmark Chemicals
Tianma Group
Changzhou Heyu Chemical
Zhejiang Leader Composite
By the product type, the market is primarily split into
Polyester Type
Epoxy Type
Vinyl Ester Type
Other Type
By the end users/application, this report covers the following segments
Marine
Wind Energys
Transportation
Construction
Others
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