Market Overview:
The global damping paint market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for damping paints in automotive, marine, appliances, duct work, industrial machinery and other applications. In terms of type, the acrylic based segment is expected to lead the global market during the forecast period. This can be attributed to its properties such as high durability and resistance against abrasion and chemicals. In terms of application, automotive is expected to lead the global market during the forecast period owing to rising demand for luxury cars and passenger vehicles across different regions.
Product Definition:
Damping paint is used to reduce the resonance of metal surfaces. It is a type of paint that contains special additives that help to dissipate energy and reduce the vibration of metal parts. Damping paint can be applied as a coating on metal surfaces, or it can be sprayed onto objects in close proximity to the metal parts. The use of damping paint can help to improve the sound quality of audio systems, and it can also help to extend the life of moving parts in mechanical devices.
Acrylic Based:
Acrylic based damping paints are water-based paints containing acrylic resin as a main ingredient. Acrylic based damping paint is used to reduce the vibration or sound created by various equipment such as engines, turbines, and others. The product finds application in various end-use industries including construction & building, automotive OEM and aftermarket sectors among others.
The global acrylic based damping paint market size was valued at USD 537 million in 2016.
PTFE Based:
It has a high resistance to chemicals, heat, and solvents. PTFE based products are used in various industries including chemical processing, electrical & electronics manufacturing, medical equipment manufacturing among others.
Application Insights:
The global damping paint market is segmented on the basis of application into automotive, marine, appliances, duct work and industrial machinery. The automotive segment accounted for a major share in 2017 and is expected to continue its dominance over the forecast period. Automotive components are prone to vibration and stress which may eventually lead to failure of the component if proper measures are not taken. Vibration can be measured by using an accelerometer or a gyroscope which in turn helps determine corrective action such as spring rate or damping factor changes in order to stabilize the vehicle during motion.
Damping paints help reduce noise pollution caused due to heavy-duty equipment used in construction industries across various regions including Asia Pacific and Middle East & Africa along with other applications such as aerospace & defense industry where aircraft parts need low levels of friction reduction for smooth functioning without any squeaks or grinding sounds produced by these heavy-duty equipment at high speed thereby contributing towards overall demand growth over the forecast period.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of automobile production, which has increased the demand for high-performance vehicles with improved ride quality and reduced noise levels. This trend is projected to drive product demand further.
The growing industrial machinery sector in China, India, Japan, South Korea and Taiwan is also likely to boost product demand from 2018 to 2030 as these countries are prominent manufacturers of tractors (tractors & heavy equipment), construction machines/machines (bulldozers), industrial robots etc., thus creating an abundant supply of raw materials for damping paint industry growth.
Europe accounted for more than 25% market share in 2017 owing to rising automotive production particularly in Germany, France and Italy coupled with increasing R&D activities by key companies on improving performance characteristics such as vibration resistance under severe conditions or exposure to chemicals.
Growth Factors:
- Increasing demand for damping paint from the automotive industry as a result of increasing production of passenger cars and commercial vehicles.
- Rising demand for damping paint from the construction industry due to growth in infrastructure development activities across the globe.
- Growing use of damping paint in electronic equipment owing to its properties such as thermal conductivity and noise reduction ability.
- Increasing adoption of damping paint by end-use industries such as aerospace, marine, and railway due to its superior performance characteristics over traditional coatings materials used in these industries .
Scope Of The Report
Report Attributes
Report Details
Report Title
Damping Paint Market Research Report
By Type
Acrylic Based, PTFE Based, Rubber Based, Others
By Application
Automotive, Marine, Appliances, Duct Work, Industrial Machinery, Others
By Companies
Henkel, Sika, Mascoat, 3M, BASF, Lord, Dow, PPG, Miba, Daubert Chem, PABCO Gypsum, Whitford, Auson, Verotek, Feilu, Air++
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Damping Paint Market Report Segments:
The global Damping Paint market is segmented on the basis of:
Types
Acrylic Based, PTFE Based, Rubber Based, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Marine, Appliances, Duct Work, Industrial Machinery, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Henkel
- Sika
- Mascoat
- 3M
- BASF
- Lord
- Dow
- PPG
- Miba
- Daubert Chem
- PABCO Gypsum
- Whitford
- Auson
- Verotek
- Feilu
- Air++
Highlights of The Damping Paint Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acrylic Based
- PTFE Based
- Rubber Based
- Others
- By Application:
- Automotive
- Marine
- Appliances
- Duct Work
- Industrial Machinery
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Damping Paint Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Damping paint is a type of paint that is designed to reduce the sound and vibration created by objects moving around inside a room. This can be helpful for people who have trouble sleeping or who are sensitive to noise.
Some of the major players in the damping paint market are Henkel, Sika, Mascoat, 3M, BASF, Lord, Dow, PPG, Miba, Daubert Chem, PABCO Gypsum, Whitford, Auson, Verotek, Feilu, Air++.
The damping paint market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Damping Paint Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Damping Paint Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Damping Paint Market - Supply Chain
4.5. Global Damping Paint Market Forecast
4.5.1. Damping Paint Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Damping Paint Market Size (000 Units) and Y-o-Y Growth
4.5.3. Damping Paint Market Absolute $ Opportunity
5. Global Damping Paint Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Damping Paint Market Size and Volume Forecast by Type
5.3.1. Acrylic Based
5.3.2. PTFE Based
5.3.3. Rubber Based
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Damping Paint Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Damping Paint Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Marine
6.3.3. Appliances
6.3.4. Duct Work
6.3.5. Industrial Machinery
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Damping Paint Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Damping Paint Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Damping Paint Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Damping Paint Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Damping Paint Demand Share Forecast, 2019-2026
9. North America Damping Paint Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Damping Paint Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Damping Paint Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Marine
9.4.3. Appliances
9.4.4. Duct Work
9.4.5. Industrial Machinery
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Damping Paint Market Size and Volume Forecast by Type
9.7.1. Acrylic Based
9.7.2. PTFE Based
9.7.3. Rubber Based
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Damping Paint Demand Share Forecast, 2019-2026
10. Latin America Damping Paint Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Damping Paint Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Damping Paint Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Marine
10.4.3. Appliances
10.4.4. Duct Work
10.4.5. Industrial Machinery
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Damping Paint Market Size and Volume Forecast by Type
10.7.1. Acrylic Based
10.7.2. PTFE Based
10.7.3. Rubber Based
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Damping Paint Demand Share Forecast, 2019-2026
11. Europe Damping Paint Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Damping Paint Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Damping Paint Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Marine
11.4.3. Appliances
11.4.4. Duct Work
11.4.5. Industrial Machinery
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Damping Paint Market Size and Volume Forecast by Type
11.7.1. Acrylic Based
11.7.2. PTFE Based
11.7.3. Rubber Based
11.7.4. Others
118. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Damping Paint Demand Share, 2019-2026
12. Asia Pacific Damping Paint Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Damping Paint Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Damping Paint Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Marine
12.4.3. Appliances
12.4.4. Duct Work
12.4.5. Industrial Machinery
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Damping Paint Market Size and Volume Forecast by Type
12.7.1. Acrylic Based
12.7.2. PTFE Based
12.7.3. Rubber Based
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Damping Paint Demand Share, 2019-2026
13. Middle East & Africa Damping Paint Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Damping Paint Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Damping Paint Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Marine
13.4.3. Appliances
13.4.4. Duct Work
13.4.5. Industrial Machinery
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Damping Paint Market Size and Volume Forecast by Type
13.7.1. Acrylic Based
13.7.2. PTFE Based
13.7.3. Rubber Based
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Damping Paint Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Damping Paint Market: Market Share Analysis
14.2. Damping Paint Distributors and Customers
14.3. Damping Paint Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Henkel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sika
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mascoat
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. 3M
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BASF
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lord
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dow
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. PPG
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Miba
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Daubert Chem
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. PABCO Gypsum
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Whitford
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Auson
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Verotek
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Feilu
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Air++
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
