How Big Is the Gelcoat Market | Insights & Forecast 2031

Q: How big is the gelcoat market?

The gelcoat market was valued at USD 1.3 Billion in 2024 and is expected to reach USD 2 Billion by 2031

Q: What factors are driving the gelcoat market?

Key drivers include rising composite use, construction growth, and advancements in weather-resistant coatings.

Q: Who are the top companies in the gelcoat market?

Major players include Ashland, Scott Bader, Polynt, AOC, and Sherwin-Williams.

Q: What are some recent trends in the market?

Trends include eco-friendly gelcoats, nanotech-enhanced coatings, and automation in gelcoat applications.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA6121

Publication Date: Jul 2025

What is the size of the Gelcoat Market?

According to 6Wresearch internal database and industry insights, the Global Gelcoat Market was valued at USD 1.3 Billion in 2024 and is expected to reach USD 2 Billion by 2031, growing at a compound annual growth rate of 5.80% during the forecast period (2025-2031).

Due to rising demand in marine, automotive, and construction sectors, as well as advancements in material science and manufacturing processes, the gelcoat market is anticipated to grow in the forthcoming years.

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Key Growth Drivers of the Gelcoat Market

Rising demand for lightweight and durable composite materials
Increased usage in marine vessels, wind energy, and transport
Growing construction and infrastructure investments globally
Technological advancements in UV and corrosion-resistant coatings
Surge in aesthetic surface finishing for consumer-grade products

Gelcoat Market Trends

Gelcoat market is experiencing the growth in the recent years with some notable trend which include the shift towards eco-friendly, low-VOC gelcoats is gaining momentum. The demand of high-performance polyester and epoxy gelcoats is rising gradually. Alongside, the automation in application techniques and adoption in 3D mould finishing are helping to improve the consistency and production speed. Further, the surge in construction and infrastructure investments drive the sales.

Emerging Developments in the Gelcoat Market

Gelcoat market is developing with the time as the bio-based gelcoats and nanotechnology-enhanced coatings are entering commercial use. Further, the colour retention and gloss durability are key innovation areas. With the time, manufacturers are expanding into hybrid formulations offering both performance and sustainability benefits in harsh environments. Together, all these developments are enhancing the presence of market.