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The future of the gelcoat market in India looks attractive with opportunities in the wind energy, marine, construction, tanks, and transportation industries. The major drivers for this market are growing use of composite materials in different industries and performance benefits of gelcoat, such as UV protection, better surface appearance, etc.
Emerging trends, which have a direct impact on the dynamics of the industry, include a shift towards low styrene emission gelcoat and the development of gelcoat having compatibility with different resin system.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of gelcoat market in India report download the report brochure.
Gelcoat Market in India by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Gelcoat Market in India:
2014-2025 (US $M) (Randomized Data)
The study includes the market size and forecast for the gelcoat market in India by end use industry and resin chemistry as follows:
Gelcoat Market by End Use Industry Type [$M shipment analysis from 2014 to 2025]:
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Wind
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Marine
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Construction
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Transportation
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Tanks
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Others
Gelcoat Market by Usage Type [$M shipment analysis from 2014 to 2025]:
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Polyester
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Vinylester
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Epoxy
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Others
Lucintel forecasts that the polyester gelcoat will remain the largest segment due to low cost and usage in wide application area. Epoxy gelcoat is expected to witness the highest growth in the forecast period supported by the growth of wind energy industry.
Within the gelcoat market, construction will remain the largest end use industry. The wind energy industry is expected to witness the highest growth during the forecast period, supported by the increasing installation of wind turbines.
Some of the features of “Opportunities of Gelcoat Market in India 2014-2025: Trends, Forecast and Competitive Analysis” include:
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Market size estimates: Gelcoat market size estimation in terms of value ($M) shipment.
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Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by end use industry and resin chemistry.
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Segmentation analysis: Gelcoat market size by end use industry (wind, marine, construction, transportation, tank, and others) and resin chemistry (polyester, vinylester, epoxy and others) in terms of value.
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Growth opportunities: Analysis on growth opportunities in different end use industry and resin chemistry in the gelcoat market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 7 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the gelcoat market in India by end use industry (wind, marine, construction, transportation, tank, and others) and resin chemistry (polyester, vinylester, epoxy and others)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting gelcoat market dynamics? What are the drivers and challenges of the gelcoat market?
Q.4 What are the business risks and threats to the gelcoat market?
Q.5 What are emerging trends in this gelcoat market and the reasons behind them?
Q.6 What are some changing demands of customers in the gelcoat market?
Q.7 What are the new developments in the gelcoat market? Which companies are leading these developments?