Forecast of Global Gel Coats and Pigments Consumption Market 2023

Global Gel Coats and Pigments market will register a 5.0% CAGR in terms of revenue, reach US$ 900 million by 2023, from US$ 670 million in 2017. Gel coats and pigment are specialized polyester or vinyl ester resin formulations that are formulated as an in-mold coating to provide appealing cosmetics and protect the underlying laminate. Gel coat is typically sprayed in a mold and the structural laminate, or cast polymer matrix, applied behind the gel coat surface in either open molding or closed molding processes.