| Product Code: ETC6527655 | Publication Date: Sep 2024 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Brunei gelcoat import market in 2024 continued to be dominated by key exporting countries such as Singapore, China, Malaysia, Indonesia, and the United States of America. The high Herfindahl-Hirschman Index (HHI) concentration in 2023 increased further in 2024, indicating a competitive market environment. With a remarkable compound annual growth rate (CAGR) of 27.08% from 2020 to 2024, the sector witnessed a growth rate of 8.87% specifically from 2023 to 2024. This trend suggests a flourishing market for gelcoat imports in Brunei, driven by strong demand and competitive dynamics among major exporting nations.

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 Brunei Gelcoat Market Overview |
3.1 Brunei Country Macro Economic Indicators |
3.2 Brunei Gelcoat Market Revenues & Volume, 2021 & 2031F |
3.3 Brunei Gelcoat Market - Industry Life Cycle |
3.4 Brunei Gelcoat Market - Porter's Five Forces |
3.5 Brunei Gelcoat Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Brunei Gelcoat Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Brunei Gelcoat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for gelcoat in the marine industry for protecting and enhancing the aesthetics of boats and yachts |
4.2.2 Growth in the construction sector leading to higher demand for gelcoat in applications such as swimming pools, bathrooms, and kitchen surfaces |
4.2.3 Rising popularity of gelcoat in the automotive industry for surface finishing and protection purposes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of gelcoat |
4.3.2 Environmental regulations and concerns related to the use and disposal of gelcoat chemicals |
5 Brunei Gelcoat Market Trends |
6 Brunei Gelcoat Market, By Types |
6.1 Brunei Gelcoat Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Brunei Gelcoat Market Revenues & Volume, By Resin Type, 2021- 2031F |
6.1.3 Brunei Gelcoat Market Revenues & Volume, By Polyester, 2021- 2031F |
6.1.4 Brunei Gelcoat Market Revenues & Volume, By Vinyl Ester, 2021- 2031F |
6.1.5 Brunei Gelcoat Market Revenues & Volume, By Epoxy, 2021- 2031F |
6.1.6 Brunei Gelcoat Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Brunei Gelcoat Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 Brunei Gelcoat Market Revenues & Volume, By Marine, 2021- 2031F |
6.2.3 Brunei Gelcoat Market Revenues & Volume, By Wind Energy, 2021- 2031F |
6.2.4 Brunei Gelcoat Market Revenues & Volume, By Transportation, 2021- 2031F |
6.2.5 Brunei Gelcoat Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.6 Brunei Gelcoat Market Revenues & Volume, By Others, 2021- 2031F |
7 Brunei Gelcoat Market Import-Export Trade Statistics |
7.1 Brunei Gelcoat Market Export to Major Countries |
7.2 Brunei Gelcoat Market Imports from Major Countries |
8 Brunei Gelcoat Market Key Performance Indicators |
8.1 Number of new product innovations or technological advancements in gelcoat formulations |
8.2 Percentage increase in the adoption of gelcoat in new application areas |
8.3 Growth rate of the marine industry and construction sector in Brunei, indicating potential demand for gelcoat |
8.4 Percentage of market share held by Brunei gelcoat manufacturers in the regional market |
9 Brunei Gelcoat Market - Opportunity Assessment |
9.1 Brunei Gelcoat Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Brunei Gelcoat Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Brunei Gelcoat Market - Competitive Landscape |
10.1 Brunei Gelcoat Market Revenue Share, By Companies, 2024 |
10.2 Brunei Gelcoat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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