Market Overview:
The global reflective thermal insulation coatings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient buildings and rising awareness about the benefits of using reflective thermal insulation coatings. The transparent reflective thermal insulation coatings segment is expected to account for the largest share of the global reflective thermal insulation coatings market in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period. The high performance reflective thermal insulation coatings segment is projected to grow at a higher CAGR than other segments during the forecast period, owing to its superior properties such as high reflectivity, low emissivity, and resistance against weathering and abrasion. In terms of application, construction accounted for the largest share of the global Reflective Thermal Insulation Coatings Market in 2017; it is also projected to be one of fastest-growing applications duringthe forecast period from 2018to 2030 .
Product Definition:
Reflective Thermal Insulation Coatings are used to reflect radiant heat. This type of insulation is important because it can help to keep a structure or object cooler in the summer and warmer in the winter.
Transparent Reflective Thermal Insulation Coatings:
Transparent reflective thermal insulation coatings is a type of reflective coating, which reflects heat from the sun's rays and helps in keeping building cooler. It also aids in maintaining uniform temperature throughout the building. Transparent reflective thermal insulation coatings are used for providing exterior wall cladding, roofing systems, ceiling systems & interior finishes to buildings as well as other structures.
Heterogeneous Reflective Thermal Insulation Coatings:
Heterogeneous reflective thermal insulation coatings are used in the construction industry for various applications such as heat shielding, floor heating, and wall coating. These products are manufactured using a combination of materials such as glass fibers, mica particles, ceramic particles and silica that act as a heat reflector.
Application Insights:
Construction was the largest application segment in 2016 and is expected to witness significant growth over the forecast period. The construction sector has witnessed tremendous growth in emerging economies of Asia Pacific on account of increasing demand for residential and commercial buildings. Reflective thermal insulation coatings are used for heat management in various construction applications including cold storage, freezers, food processing plants, meat processing plants, dairy production facilities and greenhouses among others.
The aerospace sector is expected to emerge as one of the fastest-growing segments over the forecast period owing to increasing air transportation coupled with growing awareness regarding efficient aircraft design. Rising fuel prices have resulted in increased focus on reducing aircraft weight which impacts overall performance but also increases maintenance costs due to corrosion issues caused by oxidation layers formed between aluminum skin & structure & engine components exposed to environment (fuel spillage).
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing demand for green buildings, rising awareness about energy conservation, and government initiatives promoting the use of RTI as an alternative to asbestos insulation. In addition, growing adoption of high performance residential and commercial construction materials in Mexico on account of easy availability coupled with favorable regulations aimed at reducing carbon emissions from buildings is expected to drive product demand over the forecast period.
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly products: The global Reflective Thermal Insulation Coatings market is expected to grow at a significant pace in the next few years, owing to the increasing demand for energy-efficient and environment-friendly products.
- Rising awareness about the benefits of Reflective Thermal Insulation Coatings: The growing awareness about the benefits of using Reflective Thermal Insulation Coatings is another major factor that is expected to drive the growth of this market in the near future.
- Growing construction and renovation activities: The global Reflective Thermal Insulation Coatings market is also projected to benefit from the rising construction and renovation activities across different regions in the world.
- Technological advancements: The advent of new technologies has led to significant improvements in reflective insulation coatings, which is likely to boost their adoption over traditional insulation methods such as fiberglass batting or cellulose insulation materials used for thermal insulation purposes. 5) Emerging economies offer lucrative opportunities: A large number of emerging economies are offering lucrative opportunities for players operating in this market due to their high economic growth rates and rapid industrialization processes
Scope Of The Report
Report Attributes
Report Details
Report Title
Reflective Thermal Insulation Coatings Market Research Report
By Type
Transparent Reflective Thermal Insulation Coatings, Heterogeneous Reflective Thermal Insulation Coatings, High Performance Reflective Thermal Insulation Coatings
By Application
Construction, Aerospace, Others
By Companies
Seal Coatings, Mascoat, Asian Paints, ZWSH, Nippon Paint, Jing Run, Zhongshan Weiershun Paint, Zhejiang Tiannv Group
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Reflective Thermal Insulation Coatings Market Report Segments:
The global Reflective Thermal Insulation Coatings market is segmented on the basis of:
Types
Transparent Reflective Thermal Insulation Coatings, Heterogeneous Reflective Thermal Insulation Coatings, High Performance Reflective Thermal Insulation Coatings
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
Construction, Aerospace, 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:
- Seal Coatings
- Mascoat
- Asian Paints
- ZWSH
- Nippon Paint
- Jing Run
- Zhongshan Weiershun Paint
- Zhejiang Tiannv Group
Highlights of The Reflective Thermal Insulation Coatings 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:
- Transparent Reflective Thermal Insulation Coatings
- Heterogeneous Reflective Thermal Insulation Coatings
- High Performance Reflective Thermal Insulation Coatings
- By Application:
- Construction
- Aerospace
- 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 Reflective Thermal Insulation Coatings 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.
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- Correctly Positioning New Products
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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?
Reflective thermal insulation coatings are a type of coating that use a reflective material to help reduce the amount of heat that is transmitted through an object. This can be helpful in areas where it is important to keep the temperature low, such as in buildings or vehicles.
Some of the major companies in the reflective thermal insulation coatings market are Seal Coatings, Mascoat, Asian Paints, ZWSH, Nippon Paint, Jing Run, Zhongshan Weiershun Paint, Zhejiang Tiannv Group.
The reflective thermal insulation coatings market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Reflective Thermal Insulation Coatings 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 Reflective Thermal Insulation Coatings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Reflective Thermal Insulation Coatings 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 Reflective Thermal Insulation Coatings 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 Reflective Thermal Insulation Coatings Market Size & Forecast, 2020-2028
4.5.1 Reflective Thermal Insulation Coatings Market Size and Y-o-Y Growth
4.5.2 Reflective Thermal Insulation Coatings Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Transparent Reflective Thermal Insulation Coatings
5.2.2 Heterogeneous Reflective Thermal Insulation Coatings
5.2.3 High Performance Reflective Thermal Insulation Coatings
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Aerospace
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Reflective Thermal Insulation Coatings 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 Reflective Thermal Insulation Coatings 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Transparent Reflective Thermal Insulation Coatings
9.6.2 Heterogeneous Reflective Thermal Insulation Coatings
9.6.3 High Performance Reflective Thermal Insulation Coatings
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 Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Aerospace
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Transparent Reflective Thermal Insulation Coatings
10.6.2 Heterogeneous Reflective Thermal Insulation Coatings
10.6.3 High Performance Reflective Thermal Insulation Coatings
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 Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Aerospace
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Transparent Reflective Thermal Insulation Coatings
11.6.2 Heterogeneous Reflective Thermal Insulation Coatings
11.6.3 High Performance Reflective Thermal Insulation Coatings
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 Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Aerospace
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Transparent Reflective Thermal Insulation Coatings
12.6.2 Heterogeneous Reflective Thermal Insulation Coatings
12.6.3 High Performance Reflective Thermal Insulation Coatings
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 Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Aerospace
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Transparent Reflective Thermal Insulation Coatings
13.6.2 Heterogeneous Reflective Thermal Insulation Coatings
13.6.3 High Performance Reflective Thermal Insulation Coatings
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) Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Aerospace
13.10.3 Others
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 Reflective Thermal Insulation Coatings Market: Competitive Dashboard
14.2 Global Reflective Thermal Insulation Coatings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Seal Coatings
14.3.2 Mascoat
14.3.3 Asian Paints
14.3.4 ZWSH
14.3.5 Nippon Paint
14.3.6 Jing Run
14.3.7 Zhongshan Weiershun Paint
14.3.8 Zhejiang Tiannv Group
