The global insulating coating market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for insulation coatings in various applications such as motors, transformers, and home appliances. Insulation coatings are used in these applications to provide protection against corrosion and abrasion from mechanical wear and tear.
Wire enamels accounted for the largest share of the global insulating coating market in 2017, followed by impregnation varnishes. Wire enamels are widely used as they offer better electrical insulation properties than impregnation varnishes due to their higher dielectric strength and lower dielectric constant values than impregnation varnishes. The wire enamel segment is expected to maintain its dominance throughout the forecast period owing to its high demand from end-use industries such as motors, transformers, and home appliances which require high levels of electrical insulation properties for their functioning.
Some Of The Growth Factors Of This Market:
- The growth of the global Insulating Coating market is driven by factors such as increasing demand for energy efficient buildings and increasing demand for insulation materials in developing countries such as India and China.
- Increasing investments in research and development activities by major players in the industry are also driving the growth of this market globally. For instance, Dow Chemical Company invested $1 billion in R&D activities during 2017-2018 to develop new products that can be used for insulation purposes, which will help it maintain its competitive edge over other players in this industry segment over the next few years.
- Increasing awareness about environmental issues among consumers is also driving the growth of this market globally because insulation materials are considered to be eco-friendly products that can help reduce greenhouse gas emissions from buildings and vehicles due to their ability to trap heat inside structures or vehicles respectively, thereby reducing fuel consumption levels significantly over time while also helping conserve natural resources like water and electricity which are becoming increasingly scarce with time due to population growth rates across various regions around the world including Asia Pacific, Europe, North America etcetera . For instance, Dow Chemical Company has launched a new product called Dow ThermaxTM that helps provide thermal protection against extreme temperatures without using any formaldehyde or other toxic chemicals that could harm human health or environment when used on building surfaces such as roofs or walls etcetera. This product has been certified by GreenGuard Gold Certification Program which means it meets stringent standards set by US EPA (Environmental Protection Agency) for indoor air quality (IAQ). This certification will help increase sales volumes of Dow ThermaxTM globally because more people will prefer buying products with GreenGuard Gold Certification Program certification than those without it because they know these products have been tested thoroughly before being released into markets worldwide so they don't have any doubts about their safety levels when used indoors on building surfaces etcetera.
Industry Growth Insights published a new data on “Insulating Coating Market”. The research report is titled “Insulating Coating Market research by Types (Wire Enamels, Impregnation Varnish, Others), By Applications (Motors, Transformers, Home Appliance, Others), By Players/Companies Elantas, Hitachi Chemical, Von Roll, Kyocera, Axalta, AEV, Nitto, Momentive, Spanjaard, Schramm Holding, Fupao Chemical, Xianda, RongTai, Taihu Electric, Better, Jiaxing Qinghe Gaoli, JuFeng, Dongfang Insulating”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Insulating Coating Market Research Report
By Type
Wire Enamels, Impregnation Varnish, Others
By Application
Motors, Transformers, Home Appliance, Others
By Companies
Elantas, Hitachi Chemical, Von Roll, Kyocera, Axalta, AEV, Nitto, Momentive, Spanjaard, Schramm Holding, Fupao Chemical, Xianda, RongTai, Taihu Electric, Better, Jiaxing Qinghe Gaoli, JuFeng, Dongfang Insulating
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Insulating Coating Market Report Segments:
The global Insulating Coating market is segmented on the basis of:
Types
Wire Enamels, Impregnation Varnish, 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
Motors, Transformers, Home Appliance, 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:
- Elantas
- Hitachi Chemical
- Von Roll
- Kyocera
- Axalta
- AEV
- Nitto
- Momentive
- Spanjaard
- Schramm Holding
- Fupao Chemical
- Xianda
- RongTai
- Taihu Electric
- Better
- Jiaxing Qinghe Gaoli
- JuFeng
- Dongfang Insulating
Highlights of The 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:
- Wire Enamels
- Impregnation Varnish
- Others
- By Application:
- Motors
- Transformers
- Home Appliance
- 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 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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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?
Insulating coating is a type of paint or varnish that is applied to the exterior of a building to reduce heat loss. It can be used on metal, wood, and other materials.
Some of the major players in the insulating coating market are Elantas, Hitachi Chemical, Von Roll, Kyocera, Axalta, AEV, Nitto, Momentive, Spanjaard, Schramm Holding, Fupao Chemical, Xianda, RongTai, Taihu Electric, Better, Jiaxing Qinghe Gaoli, JuFeng, Dongfang Insulating.
The insulating coating market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Insulating Coating 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. Insulating Coating Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Insulating Coating Market - Supply Chain
4.5. Global Insulating Coating Market Forecast
4.5.1. Insulating Coating Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Insulating Coating Market Size (000 Units) and Y-o-Y Growth
4.5.3. Insulating Coating Market Absolute $ Opportunity
5. Global Insulating Coating 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. Insulating Coating Market Size and Volume Forecast by Type
5.3.1. Wire Enamels
5.3.2. Impregnation Varnish
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Insulating Coating 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. Insulating Coating Market Size and Volume Forecast by Application
6.3.1. Motors
6.3.2. Transformers
6.3.3. Home Appliance
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Insulating Coating 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. Insulating Coating 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 Insulating Coating 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. Insulating Coating 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 Insulating Coating Demand Share Forecast, 2019-2026
9. North America Insulating Coating 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 Insulating Coating 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 Insulating Coating Market Size and Volume Forecast by Application
9.4.1. Motors
9.4.2. Transformers
9.4.3. Home Appliance
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Insulating Coating Market Size and Volume Forecast by Type
9.7.1. Wire Enamels
9.7.2. Impregnation Varnish
9.7.3. 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 Insulating Coating Demand Share Forecast, 2019-2026
10. Latin America Insulating Coating 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 Insulating Coating 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 Insulating Coating Market Size and Volume Forecast by Application
10.4.1. Motors
10.4.2. Transformers
10.4.3. Home Appliance
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Insulating Coating Market Size and Volume Forecast by Type
10.7.1. Wire Enamels
10.7.2. Impregnation Varnish
10.7.3. 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 Insulating Coating Demand Share Forecast, 2019-2026
11. Europe Insulating Coating 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 Insulating Coating 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 Insulating Coating Market Size and Volume Forecast by Application
11.4.1. Motors
11.4.2. Transformers
11.4.3. Home Appliance
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Insulating Coating Market Size and Volume Forecast by Type
11.7.1. Wire Enamels
11.7.2. Impregnation Varnish
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Gowth 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 Insulating Coating Demand Share, 2019-2026
12. Asia Pacific Insulating Coating 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 Insulating Coating 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 Insulating Coating Market Size and Volume Forecast by Application
12.4.1. Motors
12.4.2. Transformers
12.4.3. Home Appliance
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Insulating Coating Market Size and Volume Forecast by Type
12.7.1. Wire Enamels
12.7.2. Impregnation Varnish
12.7.3. 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 Insulating Coating Demand Share, 2019-2026
13. Middle East & Africa Insulating Coating 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 Insulating Coating 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 Insulating Coating Market Size and Volume Forecast by Application
13.4.1. Motors
13.4.2. Transformers
13.4.3. Home Appliance
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Insulating Coating Market Size and Volume Forecast by Type
13.7.1. Wire Enamels
13.7.2. Impregnation Varnish
13.7.3. 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 Insulating Coating Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Insulating Coating Market: Market Share Analysis
14.2. Insulating Coating Distributors and Customers
14.3. Insulating Coating Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Elantas
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hitachi Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Von Roll
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kyocera
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Axalta
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AEV
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nitto
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Momentive
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Spanjaard
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Schramm Holding
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fupao Chemical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Xianda
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. RongTai
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Taihu Electric
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Better
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Jiaxing Qinghe Gaoli
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. JuFeng
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Dongfang Insulating
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
