Market Overview:
The global thermal insulating coating 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 and environment-friendly products across the globe. In addition, the growing awareness about the benefits of using thermal insulation coatings is also contributing to the growth of this market. The global thermal insulating coating market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into temperature resistance less than 200℃, temperature resistance:200-600℃, temperature resistance:600-1000℃, and temperature resistance:1000-2000℃ segments. Temperature resistant coatings are those that offer protection against high temperatures by forming a barrier between heat and substrate material. On account of their properties such as high durability and low maintenance cost; these coatings are increasingly being used in various end-use industries such as architecture, textile industry chemical industry etc.
Product Definition:
Thermal Insulating Coating is a type of insulation used to prevent the transfer of heat. It is often used on pipes or other surfaces that need to be kept cool.
Temperature Resistance Less Than 200℃:
The global temperature resistance less than 200℃ (TIR) market size was valued at USD 1.6 billion in 2015 and is expected to witness significant growth over the forecast period owing to its rising usage in thermal insulation coatings industry. The growing demand for lightweight, durable, and cost-effective materials with high insulating properties is expected to propel the TIR market growth over the next seven years.
Temperature Resistance:200-600℃:
The temperature resistance of a material is defined as the maximum temperature rise it can withstand before undergoing structural changes or melting. The higher the value, the more resistant to high temperatures a material is. Materials with high resistance to heat are used in various industries including automotive, chemical processing, and power generation where operating at very high temperatures is essential.
The global thermal insulation coatings market size was valued at USD 23 billion in 2015.
Application Insights:
The electricity application segment led the global thermal insulating coatings market and accounted for more than 35.0% of the total revenue in 2017. The growth is attributed to rising demand from power generation plants across various regions, including Asia Pacific, North America and Europe. In addition, increasing renewable energy production coupled with stable economic growth in major economies such as China, India and Germany will boost industry expansion over the forecast period.
The textile industry is one of the prominent end-users of these products due to their properties that enhance insulation without adding excess weight to clothing or textiles manufactured using these materials.
Regional Analysis:
The Asia Pacific regional market accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, increasing population, and rising living standards. In addition, governments across various countries are taking initiatives to promote investments in infrastructure development which will create new avenues for thermal insulation coatings over the next eight years.
Europe was valued at USD X million in 2017 owing to growing construction industry coupled with stringent government regulations regarding energy consumption per structure built. Moreover, rising demand from other end-use industries such as textile and chemical is anticipated to propel Europe’s market during the forecast period.
Growth Factors:
- Increasing demand for thermal insulation coatings from the construction industry to reduce energy consumption and greenhouse gas emissions
- Rising demand for thermal insulation coatings in Asia Pacific due to the growing population and rapid industrialization
- Growing awareness about the benefits of using thermal insulation coatings, which is resulting in an increase in their adoption across various industries
- Technological advancements that are resulting in the development of new and more efficient thermal insulation coatings products
- The increasing use of renewable energy sources, such as solar and wind power, which requires effective thermal insulation
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Insulating Coating Market Research Report
By Type
Temperature Resistance Less Than 200℃, Temperature Resistance:200-600℃, Temperature Resistance:600-1000℃, Temperature Resistance:1000-2000℃
By Application
Architecture, Textile, Chemical Industry, Electricity, Aviation, Others
By Companies
PPG Industries, Akzon Nobel, Sherwin-Williams, Nipponpaint, Okitsumo, Tnemec Company, Mascoat, Carboline, Temp-Coat, Superior Products International, PPG Industries, ZSWH, Rlhye, ZEMA, Realbond
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Insulating Coating Market Report Segments:
The global Thermal Insulating Coating market is segmented on the basis of:
Types
Temperature Resistance Less Than 200℃, Temperature Resistance:200-600℃, Temperature Resistance:600-1000℃, Temperature Resistance:1000-2000℃
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
Architecture, Textile, Chemical Industry, Electricity, Aviation, 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:
- PPG Industries
- Akzon Nobel
- Sherwin-Williams
- Nipponpaint
- Okitsumo
- Tnemec Company
- Mascoat
- Carboline
- Temp-Coat
- Superior Products International
- PPG Industries
- ZSWH
- Rlhye
- ZEMA
- Realbond
Highlights of The Thermal Insulating 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:
- Temperature Resistance Less Than 200℃
- Temperature Resistance:200-600℃
- Temperature Resistance:600-1000℃
- Temperature Resistance:1000-2000℃
- By Application:
- Architecture
- Textile
- Chemical Industry
- Electricity
- Aviation
- 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 Thermal Insulating 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
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- Consumer Insights
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- 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?
Thermal insulation coating is a type of coating that helps to keep objects or materials from absorbing heat. This can be helpful in reducing the amount of energy needed to maintain an object at a certain temperature, and it can also help reduce the amount of noise made by objects when they are heated or cooled.
Some of the key players operating in the thermal insulating coating market are PPG Industries, Akzon Nobel, Sherwin-Williams, Nipponpaint, Okitsumo, Tnemec Company, Mascoat, Carboline, Temp-Coat, Superior Products International, PPG Industries, ZSWH, Rlhye, ZEMA, Realbond.
The thermal insulating coating 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 Thermal Insulating 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 Thermal Insulating Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thermal Insulating 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 Thermal Insulating 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 Thermal Insulating Coating Market Size & Forecast, 2020-2028
4.5.1 Thermal Insulating Coating Market Size and Y-o-Y Growth
4.5.2 Thermal Insulating Coating 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 Temperature Resistance Less Than 200℃
5.2.2 Temperature Resistance:200-600℃
5.2.3 Temperature Resistance:600-1000℃
5.2.4 Temperature Resistance:1000-2000℃
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 Architecture
6.2.2 Textile
6.2.3 Chemical Industry
6.2.4 Electricity
6.2.5 Aviation
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermal Insulating 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 Thermal Insulating 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 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 Temperature Resistance Less Than 200℃
9.6.2 Temperature Resistance:200-600℃
9.6.3 Temperature Resistance:600-1000℃
9.6.4 Temperature Resistance:1000-2000℃
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 Architecture
9.10.2 Textile
9.10.3 Chemical Industry
9.10.4 Electricity
9.10.5 Aviation
9.10.6 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 Temperature Resistance Less Than 200℃
10.6.2 Temperature Resistance:200-600℃
10.6.3 Temperature Resistance:600-1000℃
10.6.4 Temperature Resistance:1000-2000℃
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 Architecture
10.10.2 Textile
10.10.3 Chemical Industry
10.10.4 Electricity
10.10.5 Aviation
10.10.6 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 Temperature Resistance Less Than 200℃
11.6.2 Temperature Resistance:200-600℃
11.6.3 Temperature Resistance:600-1000℃
11.6.4 Temperature Resistance:1000-2000℃
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 Architecture
11.10.2 Textile
11.10.3 Chemical Industry
11.10.4 Electricity
11.10.5 Aviation
11.10.6 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 Temperature Resistance Less Than 200℃
12.6.2 Temperature Resistance:200-600℃
12.6.3 Temperature Resistance:600-1000℃
12.6.4 Temperature Resistance:1000-2000℃
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 Architecture
12.10.2 Textile
12.10.3 Chemical Industry
12.10.4 Electricity
12.10.5 Aviation
12.10.6 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 Temperature Resistance Less Than 200℃
13.6.2 Temperature Resistance:200-600℃
13.6.3 Temperature Resistance:600-1000℃
13.6.4 Temperature Resistance:1000-2000℃
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 Architecture
13.10.2 Textile
13.10.3 Chemical Industry
13.10.4 Electricity
13.10.5 Aviation
13.10.6 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 Thermal Insulating Coating Market: Competitive Dashboard
14.2 Global Thermal Insulating Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PPG Industries
14.3.2 Akzon Nobel
14.3.3 Sherwin-Williams
14.3.4 Nipponpaint
14.3.5 Okitsumo
14.3.6 Tnemec Company
14.3.7 Mascoat
14.3.8 Carboline
14.3.9 Temp-Coat
14.3.10 Superior Products International
14.3.11 PPG Industries
14.3.12 ZSWH
14.3.13 Rlhye
14.3.14 ZEMA
14.3.15 Realbond
