Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Insulation Coating Material Market by Type (Acrylic, Epoxy, Polyurethane, YSZ, Mullite, Other), By Application (Aerospace, Automotive, Marine, Industrial, Building & Construction) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Insulation Coating Material Market by Type (Acrylic, Epoxy, Polyurethane, YSZ, Mullite, Other), By Application (Aerospace, Automotive, Marine, Industrial, Building & Construction) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 196920 3300 Chemical & Material 377 239 Pages 4.6 (31)
                                          

Market Overview:


The global insulation coating material 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 insulation coating materials from various end-use industries, such as aerospace, automotive, marine, industrial and building & construction. In terms of type, the acrylic segment is expected to lead the global insulation coating material market during the forecast period. This can be attributed to its properties such as high thermal resistance and low thermal conductivity.


Global Insulation Coating Material Industry Outlook


Product Definition:


Insulation coating material is a type of coating that is applied to insulation to protect it from the environment and improve its performance.


Acrylic:


Acrylic is a widely used thermoplastic in the insulation coating material market. It has high demand due to its properties such as low density, excellent thermal stability and dimensional stability, good electrical resistance and heat-resistance. Acrylic fibers are extensively used in the insulation industry owing to their superior insulating property which is higher than that of fiberglass.


Epoxy:


Epoxy is a thermosetting polymer, which contains carbon, oxygen and hydrogen. It is manufactured by the epoxidation of ethylene. The raw materials required to manufacture epoxy resins are crude oil and natural gas in combination with some catalysts like sulfuric acid or phosphoric acid.


Application Insights:


Building and construction was the largest application segment in 2016, accounting for over 40% of the overall revenue share. The product is widely used in residential as well as non-residential structures to improve energy efficiency. Increasing focus on green buildings coupled with rising demand for eco-friendly solutions is expected to drive growth over the forecast period.


The automotive sector accounted for a significant share in terms of both volume and revenue generation in 2017. In vehicles, it is used on electrical equipment such as HVAC (heating, ventilation & cooling) systems that require protection from moisture penetration due to condensation or corrosion resulting from contact with water vapor or liquid droplets containing chemicals or pollutants. It also helps reduce electricity consumption by reducing heat dissipation through radiation and convection currents within insulation coating materials applied on electronic devices including microcontrollers, integrated circuits etc.


Regional Analysis:


Asia Pacific dominated the global industry in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from emerging economies, such as China and India. In addition, increasing industrialization coupled with rapid urbanization has resulted in an increased demand for energy-efficient solutions which will further drive product adoption across various industries including construction, automotive and aerospace.


The market in Europe is anticipated to witness significant growth over the forecast period owing to a rise in investments by governments across countries for building & construction activities due to growing population coupled with increasing disposable income of consumers. This factor is projected to result into an increased consumption of insulation coatings on buildings thereby driving industry expansion over the next eight years.


Growth Factors:


  • Increasing demand for energy-efficient and environment-friendly products: The global insulation coating material market is expected to grow at a CAGR of 5.5% from 2017 to 2025, owing to the increasing demand for energy-efficient and environment-friendly products.
  • Rising awareness about the benefits of insulation coatings: Insulation coatings offer various benefits such as thermal efficiency, noise reduction, fire resistance, and protection against weathering effects. This is expected to drive the growth of the insulation coating material market in the coming years.
  • Growing construction industry: The global construction industry is projected to grow at a CAGR of 4% from 2017 to 2025, which will create opportunities for the growth of the insulation coating material market.
  • Technological advancements: The development of new technologies has led to innovative products in the insulation coating material market that are more efficient and environmentally friendly than traditional ones. This is likely to fuel demand for these products in future years .

Scope Of The Report

Report Attributes

Report Details

Report Title

Insulation Coating Material Market Research Report

By Type

Acrylic, Epoxy, Polyurethane, YSZ, Mullite, Other

By Application

Aerospace, Automotive, Marine, Industrial, Building & Construction

By Companies

AkzoNobel, PPG Industries, The Sherwin-Williams, Kansai Paint, Jotun Group, Nippon Paint, Mascoat, Sharpshell Industrial Solutions, Axalta Coating Systems

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

239

Number of Tables & Figures

168

Customization Available

Yes, the report can be customized as per your need.


Global Insulation Coating Material Market Report Segments:

The global Insulation Coating Material market is segmented on the basis of:

Types

Acrylic, Epoxy, Polyurethane, YSZ, Mullite, Other

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

Aerospace, Automotive, Marine, Industrial, Building & Construction

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:

  1. AkzoNobel
  2. PPG Industries
  3. The Sherwin-Williams
  4. Kansai Paint
  5. Jotun Group
  6. Nippon Paint
  7. Mascoat
  8. Sharpshell Industrial Solutions
  9. Axalta Coating Systems

Global Insulation Coating Material Market Overview


Highlights of The Insulation Coating Material Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Acrylic
    2. Epoxy
    3. Polyurethane
    4. YSZ
    5. Mullite
    6. Other
  1. By Application:

    1. Aerospace
    2. Automotive
    3. Marine
    4. Industrial
    5. Building & Construction
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Insulation Coating Material 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

Global Insulation Coating Material Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Insulation coating material is a type of insulation that is applied to the exterior of buildings and other structures. It helps keep the building warm in cold weather and cool in hot weather.

Some of the key players operating in the insulation coating material market are AkzoNobel, PPG Industries, The Sherwin-Williams, Kansai Paint, Jotun Group, Nippon Paint, Mascoat, Sharpshell Industrial Solutions, Axalta Coating Systems.

The insulation coating material market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Insulation Coating Material 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. Insulation Coating Material Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Insulation Coating Material Market - Supply Chain
   4.5. Global Insulation Coating Material Market Forecast
      4.5.1. Insulation Coating Material Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Insulation Coating Material Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Insulation Coating Material Market Absolute $ Opportunity

5. Global Insulation Coating Material 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. Insulation Coating Material Market Size and Volume Forecast by Type
      5.3.1. Acrylic
      5.3.2. Epoxy
      5.3.3. Polyurethane
      5.3.4. YSZ
      5.3.5. Mullite
      5.3.6. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Insulation Coating Material 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. Insulation Coating Material Market Size and Volume Forecast by Application
      6.3.1. Aerospace
      6.3.2. Automotive
      6.3.3. Marine
      6.3.4. Industrial
      6.3.5. Building & Construction
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Insulation Coating Material 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. Insulation Coating Material 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 Insulation Coating Material 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. Insulation Coating Material 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 Insulation Coating Material Demand Share Forecast, 2019-2026

9. North America Insulation Coating Material 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 Insulation Coating Material 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 Insulation Coating Material Market Size and Volume Forecast by Application
      9.4.1. Aerospace
      9.4.2. Automotive
      9.4.3. Marine
      9.4.4. Industrial
      9.4.5. Building & Construction
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Insulation Coating Material Market Size and Volume Forecast by Type
      9.7.1. Acrylic
      9.7.2. Epoxy
      9.7.3. Polyurethane
      9.7.4. YSZ
      9.7.5. Mullite
      9.7.6. Other
   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 Insulation Coating Material Demand Share Forecast, 2019-2026

10. Latin America Insulation Coating Material 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 Insulation Coating Material 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 Insulation Coating Material Market Size and Volume Forecast by Application
      10.4.1. Aerospace
      10.4.2. Automotive
      10.4.3. Marine
      10.4.4. Industrial
      10.4.5. Building & Construction
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Insulation Coating Material Market Size and Volume Forecast by Type
      10.7.1. Acrylic
      10.7.2. Epoxy
      10.7.3. Polyurethane
      10.7.4. YSZ
      10.7.5. Mullite
      10.7.6. Other
   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 Insulation Coating Material Demand Share Forecast, 2019-2026

11. Europe Insulation Coating Material 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 Insulation Coating Material 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 Insulation Coating Material Market Size and Volume Forecast by Application
      11.4.1. Aerospace
      11.4.2. Automotive
      11.4.3. Marine
      11.4.4. Industrial
      11.4.5. Building & Construction
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Insulation Coating Material Market Size and Volume Forecast by Type
      11.7.1. Acrylic
      11.7.2. Epoxy
      11.7.3. Polyurethane
      11.7.4. YSZ
      11.7.5. Mullite
      11.7.6. Other
   11.8. 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 Insulation Coating Material Demand Share, 2019-2026

12. Asia Pacific Insulation Coating Material 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 Insulation Coating Material 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 Insulation Coating Material Market Size and Volume Forecast by Application
      12.4.1. Aerospace
      12.4.2. Automotive
      12.4.3. Marine
      12.4.4. Industrial
      12.4.5. Building & Construction
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Insulation Coating Material Market Size and Volume Forecast by Type
      12.7.1. Acrylic
      12.7.2. Epoxy
      12.7.3. Polyurethane
      12.7.4. YSZ
      12.7.5. Mullite
      12.7.6. Other
   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 Insulation Coating Material Demand Share, 2019-2026

13. Middle East & Africa Insulation Coating Material 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 Insulation Coating Material 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 Insulation Coating Material Market Size and Volume Forecast by Application
      13.4.1. Aerospace
      13.4.2. Automotive
      13.4.3. Marine
      13.4.4. Industrial
      13.4.5. Building & Construction
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Insulation Coating Material Market Size and Volume Forecast by Type
      13.7.1. Acrylic
      13.7.2. Epoxy
      13.7.3. Polyurethane
      13.7.4. YSZ
      13.7.5. Mullite
      13.7.6. Other
   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 Insulation Coating Material Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Insulation Coating Material Market: Market Share Analysis
   14.2. Insulation Coating Material Distributors and Customers
   14.3. Insulation Coating Material Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. AkzoNobel
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. PPG Industries
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. The Sherwin-Williams
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Kansai Paint
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Jotun Group
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Nippon Paint
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Mascoat
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Sharpshell Industrial Solutions
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Axalta Coating Systems
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         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

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