Gelcoat Market Size, Share, Trend, Forecast, & Industry Analysis – 2022-2028

Gelcoat Market is estimated to grow at a CAGR of 7.3% from 2022-2028. Rapid depletion of fossil fuels that are used in the manufacture of various products, including phenol, is leading to global energy crisis. Consequently, the cost of petroleum-based phenol is increasing. Petroleum-based phenol also negatively affects the environment. Therefore, companies need to focus on alternative feedstock for petroleum-derived products. Plant phenol, also called bio-based phenol, is produced from renewable lignocellulosic biomass including wood, straw, and grass. This is a key feedstock of second-generation biofuels. Manufacturers should tap into opportunities in lignin, which is a primary source of bio-based phenol, in order to broaden their revenue streams. Companies are increasingly making data-driven decisions before investing in new manufacturing technologies. They are investing in R&D of bio-based waste and residue oils to innovate in bio-based phenols.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity? 

Global Gelcoat Market Report by Segment

By Resin 

• Polyester Gelcoat
• Epoxy Gelcoat
• Others 

By Application 

• Construction & Architecture
• Healthcare & Medical
• Hospitality
• Retail
• Automotive & Transportation
• Food & Beverages
• Electrical & Electronics
• Sanitary Ware 

By Company

• INEOS Composites
• Revex Group
• Azelis Americas CASE
• CF Composites
• Tuff Bond Industrial Adhesives Pvt. Ltd.
• GRP Factors Ltd.
• Multi-Tech Products
• Satyen Polymers
• Polynt
• Astrra Chemicals
• Bufa Composite Systems GmbH
• Aypols Polymers Pvt. Ltd.
• Scott Bader 

Global Gelcoat Market Report by Region

North America       

• US
• Canada

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific    

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East and Africa