Marine end use segment accounted for largest share of gelcoat market in 2019

1. Gelcoat Market APAC is anticipated to lead the Gelcoat Market by 2024 View Full Report @ https://bit.ly/2I30g0q

2. Introduction • The gelcoat market is projected to grow from USD 1.2 billion in 2019 to USD 1.7 billion by 2024, at a CAGR of 8.0% between 2019 and 2024. The market is growing due to the high demand from wind energy, construction, transportation, and marine industries. View Full Report @ https://bit.ly/2I30g0q

3. Key Questions Addressed by the Report • Which are the major end use industries of gelcoat? • Which industry is the major consumer of gelcoat? • Which region is the largest and fastest-growing market for gelcoat? • What are the major resins used in manufacturing gelcoat? • What are the major strategies adopted by the leading market players? View Full Report @ https://bit.ly/2I30g0q

4. Recent Developments • In May 2018, Scott Bader Company entered into a strategic agreement with HK Research Corporation to enhance its R&D activities pertaining to gelcoats. • In September 2018, Bufa Composite System GmbH developed a new conductive gelcoat, which is capable of eliminating electrostatic charges. It also increases the component quality. • In November 2018, Ineos Enterprise entered into a definitive agreement with Ashland Inc. for taking over Ashland’s composite business segment that offers gelcoat. The agreement helped the company consolidate its product portfolio. View Full Report @ https://bit.ly/2I30g0q

5. Regional Insights • APAC is a key gelcoat market. • The booming transportation and construction industries are responsible for the growth of the gelcoat market in the region. • China is one of the prominent consumers of gelcoat in the region. • The country has become the single-largest consumer of gelcoat in the wind energy industry and is expected to strengthen its position further. • APAC has a presence of major gelcoat manufacturers such as Satyen Polymers and Vikram Resins and Polymers. View Full Report @ https://bit.ly/2I30g0q

6. Key Players • The gelcoat market comprises major solution providers, such as 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). • The study includes an in-depth competitive analysis of these key players in the gelcoat market, with their company profiles, recent developments, and key market strategies. View Full Report @ https://bit.ly/2I30g0q

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