The global insulation coating market is expected to grow from USD 9.35 billion in 2019 to USD 16.67 billion by 2027, at a CAGR of 7.5% during the forecast period 2020-2027.
Insulation material is used to prevent transmission of sound or heat from one area to another. It consists of tiny pockets of air to block the transmission. Increased energy consumption results in more carbon dioxide emission, which further causes the greenhouse effect. To lower the consumption of energy, insulation material plays an important role. It has low thermal conductivity and high thermal coefficient. It also provides protection as well as reflects infrared rays. Need for reduced consumption of energy, increasingly stringent policies and avoid corrosion are contributing to the growth of the market.
This study delivers a comprehensive analysis of types, applications and regions. The type segment includes silicone, polyolefin, alkyd, ceramic, vinyl acetate, mullite, YSZ, polyurethane, epoxy and acrylic. Acrylic segment has the highest growth in insulation coating market. It has a broad range of properties such as low cost, clarity for transparency, high tensile strength and lightweight. Also, ease of transport and usage gives additional benefits. Epoxy segment is also expected to show a significant growth due to its properties such as improved dimensional stability, toughness, UV light, heat and excellent resistance to abrasion. It is suitable for indoor air quality improvement and energy-efficient buildings as it has no volatile organic compounds.
The application segment includes FMCG, electronics, power generation, food processing, industrial, building & construction, marine, automotive and aerospace. Automotive segment is expected to show significant growth due to an increased application to improve the performance of the vehicle. It is beneficial as it reduces energy consumption and heat loss. Increased disposable income, technological advancements in the automobile industry and a higher standard of living are driving the growth of the market. To increase HVAC efficiency and control the cabin temperature, insulation coating is beneficial. It is also used in the defence and aerospace sector for nacelle firewalls, infrared suppression systems, fire barriers, heat shields, exhaust systems and aerodynamic fairings.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia Pacific region is expected to show the highest growth due to low-cost raw materials and labour. Presence of major key players and the price-sensitive products along with rapid economic growth are driving the growth of the market.
Some of the notable players in the insulation coating market are Axalta Coatings Systems, Carboline Company, Delta T & Protective Products Inc., General Coatings, Kansai Paint Co., Ltd., Mascoat, Nippon Paint Holdings Co., Ltd., Sharpshell Industrial Solutions, Akzo Nobel N.V., Coolshield International Pty., Ltd, Jotun, Mathur Corr-Tech Pvt. Ltd., NPP Engineering, Lincoln Industries, Cabot Corporation and Excel Enterprise. Cobat Corporation launched a new product as a coating additive which is known as Enova Aerogel having high-performance thermal insulation. It is used in the formulations with the help of standard methods.
This study forecasts revenue growth at global, regional, and country levels from 2020 to 2027. Fior Markets has segmented the market based on below-mentioned segments:
Global Insulation Coating Market Analysis And Forecast, By Type
Global Insulation Coating Market Analysis And Forecast, By Application
Global Insulation Coating Market Analysis And Forecast, By Regional Analysis
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Application
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restrains
5.4. Opportunities
5.5. Challenges
6. Global Insulation Coating Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Silicone
6.3. Polyolefin
6.4. Alkyd
6.5. Ceramic
6.6. Vinyl Acetate
6.7. Mullite
6.8. YSZ
6.9. Polyurethane
6.10. Epoxy
6.11. Acrylic
7. Global Insulation Coating Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. FMCG
7.3. Electronics
7.4. Power Generation
7.5. Food Processing
7.6. Industrial
7.7. Building & Construction
7.8. Marine
7.9. Automotive
7.10. Aerospace
8. Global Insulation Coating Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Insulation Coating Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in Global Insulation Coating Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. Axalta Coatings Systems
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. Carboline Company
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. Delta T & Protective Products Inc.
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. General Coatings
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. Kansai Paint Co., Ltd.
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Mascoat
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Nippon Paint Holdings Co., Ltd.
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. Sharpshell Industrial Solutions
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Akzo Nobel N.V.
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Coolshield International Pty., Ltd
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. Jotun
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. Mathur Corr-Tech Pvt. Ltd.
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
List of Table
1. Global Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
2. Global Silicone, Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
3. Global Polyolefin, Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
4. Global Alkyd, Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
5. Global Ceramic, Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
6. Global Vinyl Acetate, Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
7. Global Mullite, Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
8. Global YSZ, Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
9. Global Polyurethane, Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
10. Global Epoxy, Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
11. Global Acrylic, Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
12. Global Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
13. Global FMCG Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
14. Global Electronics Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
15. Global Power Generation Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
16. Global Food Processing Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
17. Global Industrial Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
18. Global Building & Construction Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
19. Global Marine Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
20. Global Automotive Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
21. Global Aerospace Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
22. Global Insulation Coating Market, By Region, 2017–2027(USD Billion)(Kilo Tons)
23. Global Insulation Coating Market, By North America, 2017–2027(USD Billion)(Kilo Tons)
24. North America Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
25. North America Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
26. U.S. Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
27. U.S. Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
28. Canada Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
29. Canada Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
30. Mexico Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
31. Mexico Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
32. Europe Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
33. Europe Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
34. Germany Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
35. Germany Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
36. France Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
37. France Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
38. U.K. Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
39. U.K. Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
40. Italy Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
41. Italy Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
42. Spain Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
43. Spain Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
44. Asia Pacific Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
45. Asia Pacific Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
46. Japan Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
47. Japan Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
48. China Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
49. China Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
50. India Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
51. India Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
52. South America Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
53. South America Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
54. Brazil Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
55. Brazil Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
56. Middle East and Africa Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
57. Middle East and Africa Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
58. UAE Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
59. UAE Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
60. South Africa Insulation Coating Market, By Type, 2017–2027(USD Billion)(Kilo Tons)
61. South Africa Insulation Coating Market, By Application, 2017–2027(USD Billion)(Kilo Tons)
List of Figures
1. Global Insulation Coating Market Segmentation
2. Insulation Coating Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Insulation Coating Market Attractiveness Analysis By Type
9. Global Insulation Coating Market Attractiveness Analysis By Application
10. Global Insulation Coating Market Attractiveness Analysis By Region
11. Global Insulation Coating Market: Dynamics
12. Global Insulation Coating Market Share By Type (2019 & 2027)
13. Global Insulation Coating Market Share By Application (2019 & 2027)
14. Global Insulation Coating Market Share by Regions (2019 & 2027)
15. Global Insulation Coating Market Share by Company (2019)
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