| Product Code: ETC6679065 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Cape Verde`s gelcoat import market in 2024 continues to show significant growth, with a high Herfindahl-Hirschman Index indicating a concentrated market. The top exporting countries to Cape Verde include Portugal, Areas, nes, China, Spain, and France. The impressive Compound Annual Growth Rate (CAGR) of 18.92% from 2020 to 2024 highlights a thriving market. Moreover, the astonishing growth rate of 702.66% from 2023 to 2024 demonstrates the rapid expansion and increasing demand for gelcoat imports in Cape Verde.

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 Cape Verde Gelcoat Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Gelcoat Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Gelcoat Market - Industry Life Cycle |
3.4 Cape Verde Gelcoat Market - Porter's Five Forces |
3.5 Cape Verde Gelcoat Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Cape Verde Gelcoat Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Cape Verde Gelcoat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the tourism industry in Cape Verde leading to increased demand for gelcoat products |
4.2.2 Rising disposable income of consumers in Cape Verde driving the demand for recreational boats and yachts, which use gelcoat |
4.2.3 Expansion of the marine industry in Cape Verde creating opportunities for gelcoat manufacturers |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the production cost of gelcoat |
4.3.2 Lack of skilled labor in the gelcoat industry in Cape Verde affecting production efficiency |
4.3.3 Environmental regulations and concerns regarding the use and disposal of gelcoat products |
5 Cape Verde Gelcoat Market Trends |
6 Cape Verde Gelcoat Market, By Types |
6.1 Cape Verde Gelcoat Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Gelcoat Market Revenues & Volume, By Resin Type, 2021- 2031F |
6.1.3 Cape Verde Gelcoat Market Revenues & Volume, By Polyester, 2021- 2031F |
6.1.4 Cape Verde Gelcoat Market Revenues & Volume, By Vinyl Ester, 2021- 2031F |
6.1.5 Cape Verde Gelcoat Market Revenues & Volume, By Epoxy, 2021- 2031F |
6.1.6 Cape Verde Gelcoat Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cape Verde Gelcoat Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Gelcoat Market Revenues & Volume, By Marine, 2021- 2031F |
6.2.3 Cape Verde Gelcoat Market Revenues & Volume, By Wind Energy, 2021- 2031F |
6.2.4 Cape Verde Gelcoat Market Revenues & Volume, By Transportation, 2021- 2031F |
6.2.5 Cape Verde Gelcoat Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.6 Cape Verde Gelcoat Market Revenues & Volume, By Others, 2021- 2031F |
7 Cape Verde Gelcoat Market Import-Export Trade Statistics |
7.1 Cape Verde Gelcoat Market Export to Major Countries |
7.2 Cape Verde Gelcoat Market Imports from Major Countries |
8 Cape Verde Gelcoat Market Key Performance Indicators |
8.1 Research and development investment in eco-friendly gelcoat formulations |
8.2 Percentage of market share in the marine industry for gelcoat products |
8.3 Number of new product launches in the gelcoat market segment |
8.4 Customer satisfaction index for gelcoat products |
8.5 Rate of adoption of gelcoat technology in new marine projects |
9 Cape Verde Gelcoat Market - Opportunity Assessment |
9.1 Cape Verde Gelcoat Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Cape Verde Gelcoat Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Cape Verde Gelcoat Market - Competitive Landscape |
10.1 Cape Verde Gelcoat Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde 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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