Latin America Gelcoat Market: By Resin Type (Vinyl Ester, Polyester, Epoxy and Others), By End User (Wind Energy, Transportation, Marine, Construction, Aerospace and Others), and Geography  

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The Latin America Gelcoat market estimated to be valued US$ XX Mn in 2021 and poised to grow at significant CAGR over 2022-2028. Some of the key factors influencing the market growth include increase in demand for gelcoat in the transportation industry, high growth in emerging economies, rise in applications in end user industries and growing demand for low-styrene emission gelcoat. Latin America gelcoat market report gives comprehensive outlook on gelcoat across the globe with special emphasis on key countries such as Brazil, Mexico, Argentina, Venezuela and Rest of Latin America. The report gives historical, current, and future market sizes (US$ Mn) on the basis of resin type, end user and region. This report studies Latin America gelcoat market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, Latin America gelcoat market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed Latin America gelcoat market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the Latin America gelcoat market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in Latin America gelcoat products. The Latin America gelcoat market is growing owing to rise in applications in end user industries such as marine, constructions, wind and transportation. Growing use of polyester resin in marine, wind and transportation industry due to its excellent UV degradation compared to vinyl ester and epoxy resin has boosted the polyester resin gelcoat demand over the forecasted period. Gelcoats are widely used in producing marine products such as decks, ship hulls, motor yachts and power boats which need protective coatings to witnessed impact of water tides. Rise in demand for trading and increase in spending of high class people in boats for leisure has pushed the growth of marine industry along with rise in demand for gelcoat. Vinyl ester resin holds as comparative growth rate owing to use in marine industry. Gelcoat are used on engine parts and other automobile parts to increase fuel efficiency and reduce weight. The prominent companies are focusing more on lightweight vehicles particularly in transportation industry which includes railways, ships and buses to increase the use of gelcoat in transportation industry. One of the challenge of gel coat is that there are usually only a limited number of colors that can be used. On top of this, it is comparatively more difficult to work with gel coat in making custom graphics or images on the boat surface. The biggest disadvantage of gel coat is that it is very labor-intensive. Latin America Gelcoat market is surging owing to frequent acquisitions and launchings by the market players. For Instance, in 2017, Bang and Bonsomer launched a new gelcoat manufacturing unit at Kokkola site in Finland. This unit manufactures the highly valued Polycor gelcoats. This investment is expected to help the company establish its footprints in Finland and diversify its business.

Dynamics

The Latin America gelcoat market is growing owing to rise in applications in end user industries such as marine, constructions, wind and transportation. Growing use of polyester resin in marine, wind and transportation industry due to its excellent UV degradation compared to vinyl ester and epoxy resin has boosted the polyester resin gelcoat demand over the forecasted period. Gelcoats are widely used in producing marine products such as decks, ship hulls, motor yachts and power boats which need protective coatings to witnessed impact of water tides. Rise in demand for trading and increase in spending of high class people in boats for leisure has pushed the growth of marine industry along with rise in demand for gelcoat. Vinyl ester resin holds as comparative growth rate owing to use in marine industry. Gelcoat are used on engine parts and other automobile parts to increase fuel efficiency and reduce weight. The prominent companies are focusing more on lightweight vehicles particularly in transportation industry which includes railways, ships and buses to increase the use of gelcoat in transportation industry.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Latin America Gelcoat Market 2 Segmentation

By Resin
  • Vinyl Ester
  • Polyester
  • Epoxy
  • Others
By End User
  • Aerospace and Defense
  • Wind Energy
  • Transportation
  • Marine
  • Construction
  • Aerospace
  • Others
By Country
  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

  1. Executive Summary
  2. Latin America Gelcoat Market Introduction
    • Latin America Gelcoat Market – Taxonomy
    • Latin America Gelcoat Market –Definitions
      • Resin Type
      • End User
  1. Latin America Gelcoat Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Latin America Gelcoat Market Dynamic Factors - Impact Analysis
    • Latin America Gelcoat Market – Competition Landscape
  2. Latin America Gelcoat Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025
    • Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Latin America Gelcoat Market, By Resin Type, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Vinyl Ester
      • Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Polyester
      • Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Epoxy
      • Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Latin America Gelcoat Market Forecast, By End User, 2014 - 2018 and Forecast, 2019 - 2025
    • Wind Energy
      • Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Transportation
      • Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Marine
      • Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Construction
      • Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Aerospace
      • Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Latin America Gelcoat Market Forecast, By Country, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Brazil
      • Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Mexico
      • Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Argentina
      • Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Venezuela
      • Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Rest of Latin America
      • Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America Gelcoat Market - Opportunity Analysis Index, By Resin Type, End User and Country, 2019 - 2025
  2. Brazil Gelcoat Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Resin Type Analysis 2014 - 2018 and Forecast 2019 - 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Vinyl Ester
      • Polyester
      • Epoxy
      • Others
    • End User Analysis 2014 - 2018 and Forecast 2019 - 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Wind Energy
      • Transportation
      • Marine
      • Construction
      • Aerospace
      • Others
    • Brazil Gelcoat Market - Opportunity Analysis Index, By Resin Type, End User and Country, 2019 - 2025
    • Brazil Gelcoat Market Dynamics – Trends
  3. Mexico Gelcoat Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Resin Type Analysis 2014 - 2018 and Forecast 2019 - 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Vinyl Ester
      • Polyester
      • Epoxy
      • Others
    • End User Analysis 2014 - 2018 and Forecast 2019 - 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Wind Energy
      • Transportation
      • Marine
      • Construction
      • Aerospace
      • Others
    • Mexico Gelcoat Market - Opportunity Analysis Index, By Resin Type, End User and Country, 2019 - 2025
    • Mexico Gelcoat Market Dynamics – Trends
  4. Argentina Gelcoat Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Resin Type Analysis 2014 - 2018 and Forecast 2019 - 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Vinyl Ester
      • Polyester
      • Epoxy
      • Others
    • End User Analysis 2014 - 2018 and Forecast 2019 - 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Wind Energy
      • Transportation
      • Marine
      • Construction
      • Aerospace
      • Others
    • Argentina Gelcoat Market - Opportunity Analysis Index, By Resin Type, End User and Country, 2019 - 2025
    • Argentina Gelcoat Market Dynamics – Trends
  5. Venezuela Gelcoat Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Resin Type Analysis 2014 - 2018 and Forecast 2019 - 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Vinyl Ester
      • Polyester
      • Epoxy
      • Others
    • End User Analysis 2014 - 2018 and Forecast 2019 - 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Wind Energy
      • Transportation
      • Marine
      • Construction
      • Aerospace
      • Others
    • Venezuela Gelcoat Market - Opportunity Analysis Index, By Resin Type, End User and Country, 2019 - 2025
    • Venezuela Gelcoat Market Dynamics – Trends
  6. Rest of Latin America Gelcoat Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Resin Type Analysis 2014 - 2018 and Forecast 2019 - 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Vinyl Ester
      • Polyester
      • Epoxy
      • Others
    • End User Analysis 2014 - 2018 and Forecast 2019 - 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Wind Energy
      • Transportation
      • Marine
      • Construction
      • Aerospace
      • Others
    • Rest of Latin America Gelcoat Market - Opportunity Analysis Index, By Resin Type, End User and Country, 2019 - 2025
    • Rest of Latin America Gelcoat Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Resin Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Turkuaz Polyester (Turkey)
      • Scott Bader Company (UK)
      • Polynt-Reichhold Group (US)
      • Poliya Composites Resins and Polymers (Turkey)
      • Interplastic Corporation (US)
      • Ineos Enterprise (UK)
      • HK Research Corporation (US)
      • Bufa Composite Systems GmbH (Germany)
      • Alpha Owens Corning (AOC) Aliancys (US)
      • Allnex (Germany)
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • Turkuaz Polyester (Turkey)
  • Scott Bader Company (UK)
  • Polynt-Reichhold Group (US)
  • Poliya Composites Resins and Polymers (Turkey)
  • Interplastic Corporation (US)
  • Ineos Enterprise (UK)
  • HK Research Corporation (US)
  • Bufa Composite Systems GmbH (Germany)
  • Alpha Owens Corning (AOC) Aliancys (US)
  • Allnex (Germany)

Adjacent Markets