Mark William

The global gelcoat market is poised for significant growth in 2024, driven by increasing demand across various industries, including marine, transportation, construction, and wind energy. Gelcoat, a critical material for providing a high-quality finish and protective layer to fiberglass-reinforced products, is seeing heightened interest due to its durability, aesthetic appeal, and resistance to environmental damage. Key Drivers of Growth One of the primary drivers of the gelcoat market's expansion is the burgeoning marine industry. Gelcoat is extensively used in boat manufacturing to provide a glossy finish and protect against UV rays, water, and physical impact. With a rise in recreational boating and water sports activities, the demand for high-performance boats is increasing, thereby fueling the need for gelcoat. Additionally, the transportation sector is contributing significantly to market growth. Gelcoat's ability to enhance the appearance and durability of vehicles