Market Overview:
The global mullite-based insulation coating market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for energy-efficient and environment-friendly products across the globe. In addition, the growing demand for lightweight and durable coatings in various end-use industries is also propelling the growth of this market. Based on type, the global mullite-based insulation coating market can be segmented into ceramic and metal coatings. Ceramic coatings are more popular than metal coatings due to their superior thermal insulation properties and low weight. Based on application, the global mullite-based insulation coating market can be divided into industrial, aerospace, building and construction, marine, automotive and other applications. Industrial applications accounted for a major share of this market in 2017 owing to the increasing adoption of these coatings in various industries such as automotive, aerospace and electronics among others.
Product Definition:
Mullite-based insulation coatings are applied to the internal surfaces of metal tubes and vessels to provide thermal insulation. The coatings are typically applied as a dry powder, which is then melted and bonded to the surface. Mullite-based insulation coatings can reduce heat losses by up to 50%, making them an important tool for energy conservation.
Ceramic:
Ceramic is a solid material that can be made from silica, alumina and clay. These materials are used in various end-use industries such as construction, automotive & transportation and electronics owing to their properties such as thermal conductivity, heat capacity and resistivity.
Ceramics are widely used in the insulation industry due to their superior characteristics which include low weight for volume ratio (w/v), high strength & durability along with excellent resistance against fire & corrosion.
Metal:
Metal is an important part of the manufacturing industry and accounts for a major portion of the overall revenue. The global metal and it's usage in Mullite-based insulation coating market is shown in Table 1.
Application Insights:
Building and construction was the largest application segment in the global market, accounting for 33.3% of the revenue share in 2017. Mullite-based insulation coatings are widely used in residential and commercial structures to reduce energy consumption by reducing heat transfer from walls through conduction and convection radiation as well as by improving thermal insulation properties. These coatings also help reduce moisture penetration into wall structures which helps maintain wall structure integrity over a longer period of time.
The product is expected to gain significant demand from industrial applications owing to its excellent corrosion resistance, high tensile strength, ductility & workability along with other properties such as low maintenance requirements & cost effectiveness over the forecast period. The rising need for energy conservation has led manufacturers across various regions to develop new products especially designed for use in industrial applications which is expected to propel product demand over the next eight years particularly during 2019 - 2030 ¢â‚¬â€œ 2030 .
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth is mainly driven by rising demand from countries such as China, India, Japan, South Korea and Indonesia. Rapid industrialization coupled with increasing infrastructure spending in these economies will drive product demand further.
China was one of the largest producers of mullite-based insulation coatings owing to easy availability of raw materials at low cost along with high population density in this country. Moreover, growing automotive industry due to cheap labor will augment product consumption further driving industry growth across Asia Pacific region during the forecast period.
Europe accounted for a significant share owing to presence of major automobile manufacturers such as DAF Trucks BV and BMW Group who are investing huge amounts on research & development activities for manufacturing environment friendly vehicles which would require insulated components made using mullite-based insulation coatings for protection purposes only thus boosting market growth across this region significantly during the estimated time frame.
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly products
- Growing awareness about the benefits of insulation coatings
- Rising demand from construction and automotive industries
- Technological advancements in insulation coating technologies
- Growing popularity of nanotechnology-based insulation coatings
Scope Of The Report
Report Attributes
Report Details
Report Title
Mullite-based Insulation Coating Market Research Report
By Type
Ceramic, Metal
By Application
Industrial, Aerospace, Building and Construction, Marine, Automotive
By Companies
AkzoNobel, PPG Industries, Sherwin-Williams, Kansai Paint, Mascoat
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
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Mullite-based Insulation Coating Market Report Segments:
The global Mullite-based Insulation Coating market is segmented on the basis of:
Types
Ceramic, Metal
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
Industrial, Aerospace, Building and Construction, Marine, Automotive
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:
- AkzoNobel
- PPG Industries
- Sherwin-Williams
- Kansai Paint
- Mascoat
Highlights of The Mullite-based Insulation Coating 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:
- Ceramic
- Metal
- By Application:
- Industrial
- Aerospace
- Building and Construction
- Marine
- Automotive
- 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 Mullite-based Insulation Coating 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Mullite-based insulation coating is a type of insulation coating that uses a Mullite mineral as the primary ingredient. Mullite is an extremely dense and heat-resistant material, which makes it a good choice for use in insulation coatings.
Some of the major players in the mullite-based insulation coating market are AkzoNobel, PPG Industries, Sherwin-Williams, Kansai Paint, Mascoat.
The mullite-based insulation coating market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mullite-based Insulation Coating Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mullite-based Insulation Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mullite-based Insulation Coating Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mullite-based Insulation Coating Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mullite-based Insulation Coating Market Size & Forecast, 2018-2028
4.5.1 Mullite-based Insulation Coating Market Size and Y-o-Y Growth
4.5.2 Mullite-based Insulation Coating Market Absolute $ Opportunity
Chapter 5 Global Mullite-based Insulation Coating Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Mullite-based Insulation Coating Market Size Forecast by Type
5.2.1 Ceramic
5.2.2 Metal
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mullite-based Insulation Coating Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Mullite-based Insulation Coating Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Aerospace
6.2.3 Building and Construction
6.2.4 Marine
6.2.5 Automotive
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mullite-based Insulation Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mullite-based Insulation Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Mullite-based Insulation Coating Analysis and Forecast
9.1 Introduction
9.2 North America Mullite-based Insulation Coating Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Mullite-based Insulation Coating Market Size Forecast by Type
9.6.1 Ceramic
9.6.2 Metal
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Mullite-based Insulation Coating Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Aerospace
9.10.3 Building and Construction
9.10.4 Marine
9.10.5 Automotive
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Mullite-based Insulation Coating Analysis and Forecast
10.1 Introduction
10.2 Europe Mullite-based Insulation Coating Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Mullite-based Insulation Coating Market Size Forecast by Type
10.6.1 Ceramic
10.6.2 Metal
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Mullite-based Insulation Coating Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Aerospace
10.10.3 Building and Construction
10.10.4 Marine
10.10.5 Automotive
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Mullite-based Insulation Coating Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mullite-based Insulation Coating Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Mullite-based Insulation Coating Market Size Forecast by Type
11.6.1 Ceramic
11.6.2 Metal
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Mullite-based Insulation Coating Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Aerospace
11.10.3 Building and Construction
11.10.4 Marine
11.10.5 Automotive
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Mullite-based Insulation Coating Analysis and Forecast
12.1 Introduction
12.2 Latin America Mullite-based Insulation Coating Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Mullite-based Insulation Coating Market Size Forecast by Type
12.6.1 Ceramic
12.6.2 Metal
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Mullite-based Insulation Coating Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Aerospace
12.10.3 Building and Construction
12.10.4 Marine
12.10.5 Automotive
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Mullite-based Insulation Coating Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mullite-based Insulation Coating Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Mullite-based Insulation Coating Market Size Forecast by Type
13.6.1 Ceramic
13.6.2 Metal
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Mullite-based Insulation Coating Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Aerospace
13.10.3 Building and Construction
13.10.4 Marine
13.10.5 Automotive
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mullite-based Insulation Coating Market: Competitive Dashboard
14.2 Global Mullite-based Insulation Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AkzoNobel
14.3.2 PPG Industries
14.3.3 Sherwin-Williams
14.3.4 Kansai Paint
14.3.5 Mascoat
