Market Size of Gelcoat Industry
Study Period | 2018 - 2028 |
Base Year For Estimation | 2021 |
CAGR | > 7.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Gelcoat Market Analysis
The market for the gelcoat market is expected to grow at a CAGR of more than 7% during the forecast period. Major factors driving the market studied is the rise in construction activities in Asia-Pacific.
- Increasing wind energy industry is likely to act as an opportunity.
- Asia-Pacific dominated the market across the globe with the largest consumption in a country such as India, China, etc.