| Product Code: ETC12918237 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Despite a decline in the CAGR and a significant drop in the growth rate from 2023 to 2024, Nigeria`s marine gel coat import market continued to see a high level of concentration with top exporting countries such as UAE, Singapore, Germany, Italy, and Bahrain dominating the market. The continued presence of these key players suggests a stable market demand for marine gel coat in Nigeria, even amidst challenging conditions. It will be interesting to observe how the market dynamics evolve in the coming years and if there will be any shifts in the leading exporting countries.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Marine Gel Coat Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Marine Gel Coat Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Marine Gel Coat Market - Industry Life Cycle |
3.4 Nigeria Marine Gel Coat Market - Porter's Five Forces |
3.5 Nigeria Marine Gel Coat Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Marine Gel Coat Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Nigeria Marine Gel Coat Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Nigeria Marine Gel Coat Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Nigeria Marine Gel Coat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for marine vessels and boats in Nigeria |
4.2.2 Growth in marine tourism and recreational activities in Nigeria |
4.2.3 Technological advancements in gel coat materials for marine applications |
4.3 Market Restraints |
4.3.1 High import duties and taxes on raw materials for gel coat production |
4.3.2 Environmental regulations and concerns related to marine coatings |
4.3.3 Fluctuating prices of raw materials for gel coat production |
5 Nigeria Marine Gel Coat Market Trends |
6 Nigeria Marine Gel Coat Market, By Types |
6.1 Nigeria Marine Gel Coat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Marine Gel Coat Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Nigeria Marine Gel Coat Market Revenues & Volume, By Polyester-Based, 2021 - 2031F |
6.1.4 Nigeria Marine Gel Coat Market Revenues & Volume, By Epoxy-Based, 2021 - 2031F |
6.1.5 Nigeria Marine Gel Coat Market Revenues & Volume, By Vinyl Ester-Based, 2021 - 2031F |
6.2 Nigeria Marine Gel Coat Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Marine Gel Coat Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.2.3 Nigeria Marine Gel Coat Market Revenues & Volume, By Epoxy, 2021 - 2031F |
6.2.4 Nigeria Marine Gel Coat Market Revenues & Volume, By Vinyl Ester, 2021 - 2031F |
6.3 Nigeria Marine Gel Coat Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Marine Gel Coat Market Revenues & Volume, By Yacht Finishing, 2021 - 2031F |
6.3.3 Nigeria Marine Gel Coat Market Revenues & Volume, By Commercial Boats, 2021 - 2031F |
6.3.4 Nigeria Marine Gel Coat Market Revenues & Volume, By Naval Ships, 2021 - 2031F |
6.4 Nigeria Marine Gel Coat Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Marine Gel Coat Market Revenues & Volume, By Private Owners, 2021 - 2031F |
6.4.3 Nigeria Marine Gel Coat Market Revenues & Volume, By Manufacturers, 2021 - 2031F |
6.4.4 Nigeria Marine Gel Coat Market Revenues & Volume, By Military, 2021 - 2031F |
7 Nigeria Marine Gel Coat Market Import-Export Trade Statistics |
7.1 Nigeria Marine Gel Coat Market Export to Major Countries |
7.2 Nigeria Marine Gel Coat Market Imports from Major Countries |
8 Nigeria Marine Gel Coat Market Key Performance Indicators |
8.1 Number of new marine vessel registrations in Nigeria |
8.2 Investment in marine infrastructure development in Nigeria |
8.3 Adoption rate of eco-friendly gel coat materials in the marine industry |
9 Nigeria Marine Gel Coat Market - Opportunity Assessment |
9.1 Nigeria Marine Gel Coat Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Marine Gel Coat Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Nigeria Marine Gel Coat Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Nigeria Marine Gel Coat Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Nigeria Marine Gel Coat Market - Competitive Landscape |
10.1 Nigeria Marine Gel Coat Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Marine Gel Coat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |