Global Thermal Insulation Coating Market 2017-2021

Global Thermal Insulation Coating Market 2017-2021

About Thermal Insulation Coating

Thermal insulation is a process to prevent the heat flow between objects. The thermal insulation coating is commonly available in solid, liquid, or semi-liquid forms, which helps prevent the heat flow between different objects. The coating significantly helps reduce the heat loss. Thermal insulation coating has high thermal co-efficiency and low conductivity, which help prevent the objects from ultraviolet (UV) and infrared lights. These coatings also provide personnel protection. R-value is used to measure the resistance to heat flow. Therefore, the higher the R-value, the higher the heat resistance. Thermal insulation is one of the most cost-effective ways to reduce the carbon footprint as less energy is required to limit the transmission of heat to the environment. Therefore, thermal insulated residential and non-residential buildings are less affected by changes in temperature.

Technavio’s analysts forecast the global thermal insulation coating market to grow at a CAGR of 7.16% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global thermal insulation coating market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Thermal Insulation Coating Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Akzo Nobel
  • Jotun
  • PPG Industries
  • The Dow Chemical Company
  • The Sherwin-Williams Company
Other prominent vendors
  • Cabot
  • Carboline
  • Grand Polycoats
  • KANSAI PAINT
  • The Bayou Companies
  • Mascoat
  • Nippon Paint
  • Sharpshell Industrial Solutions
  • Superior Products International
  • Synavax
  • Tenaris
Market driver
  • Growing demand from manufacturing industries
  • For a full, detailed list, view our report
Market challenge
  • Volatile raw material prices
  • For a full, detailed list, view our report
Market trend
  • Increase in R&D activities
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Thermal Insulation Coating Market 2017-2021

Technavio recognizes the following companies as the key players in the global thermal insulation coating market: Akzo Nobel, Jotun, PPG Industries, The Dow Chemical Company, and The Sherwin-Williams Company

Other Prominent Vendors in the market are: Cabot, Carboline, Grand Polycoats, KANSAI PAINT, The Bayou Companies, Mascoat, Nippon Paint, Sharpshell Industrial Solutions, Superior Products International, Synavax, and Tenaris.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increase in R&D activities. The ongoing R&D activities and investments in nanotechnology-based thermal insulation coatings will boost the global thermal insulation coating market during the forecast period. These coatings offer superior strength and thermal resistance. The high-performance thermal insulation coating with nano-sized internal architecture is expected to witness increased use in a variety of industrial applications to inhibit the transfer of heat. Innovations, technological breakthroughs, and studies are carried out for expanding the application of thermal insulation coatings and driving their demand”

According to the report, one of the major drivers for this market is Growing demand from manufacturing industries. The manufacturing industry is the largest end-user of thermal insulation coating due to the increasing need for ensuring energy efficiency and heat insulation for manufacturing tanks, pipes, vessels, and reactors.

Further, the report states that one of the major factors hindering the growth of this market is Volatile raw material prices. A majority of the raw materials used in the thermal insulation coating are supplied by oil and gas companies. Main raw materials for the producing thermal insulation coating are the downstream products of crude oil. Additives, binders, resins, and pigments are some of the common raw materials used to produce thermal insulation coating. Fluctuations in crude oil prices negatively affect the price of raw materials, thereby influencing the cost of thermal insulation coating.

Companies Mentioned

Akzo Nobel, Jotun, PPG Industries, The Dow Chemical Company, The Sherwin-Williams Company, Cabot, Carboline, Grand Polycoats, KANSAI PAINT, The Bayou Companies, Mascoat, Nippon Paint, Sharpshell Industrial Solutions, Superior Products International, Synavax, and Tenaris.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Functions of thermal insulation coating
  • Market landscape
    • Market ecosystem
      • Table Global insulation market size 2016
    • Market segmentation analysis
      • Table Global thermal insulation coating market segments
  • Market sizing
    • Market sizing 2016
      • Table Global thermal insulation coating market size 2016
      • Table Validation techniques employed for market sizing 2016
    • Market size and forecast
      • Table Global thermal insulation coating market 2016-2021 ($ millions)
      • Table Global thermal insulation coating market - Year-over-year growth 2017-2021 (% share)
  • Five forces analysis
    • Table Five forces analysis 2016
  • Market segmentation by application
    • Segmentation by application
      • Table Global thermal insulation coating market share by application 2016-2021 (%)
    • Comparison by application
      • Table Comparison by application
    • Global thermal insulation coating market by manufacturing
      • Table Global thermal insulation coating market by manufacturing 2016-2021 ($ millions)
      • Table Global thermal insulation coating market by manufacturing - Year-over-year growth 2017-2021 (% share)
    • Global thermal insulation coating market by automotive and transportation
      • Table Global thermal insulation coating market by automotive and transportation 2016-2021 ($ millions)
      • Table Global thermal insulation coating market by automotive and transportation - Year-overyear growth 2017-2021 (% share)
    • Global thermal insulation coating market by building and construction
      • Table Global thermal insulation coating market by building and construction 2016-2021 ($ millions)
      • Table Global thermal insulation coating market by building and construction - Year-over-year growth 2017-2021 (% share)
    • Global thermal insulation coating market by aerospace and defense
      • Table Global thermal insulation coating market by aerospace and defense 2016-2021 ($ millions)
      • Table Global thermal insulation coating market by aerospace and defense - Year-over-year growth 2017-2021 (% share)
    • Global thermal insulation coating market by others
      • Table Global thermal insulation coating market by others 2016-2021 ($ millions)
      • Table Global thermal insulation coating market by others - Year-over-year growth 2017-2021 (% share)
    • Market opportunity by application
      • Table Market opportunity by application
  • Market segmentation by product
    • Segmentation by product
      • Table Global thermal insulation coating market by product 2016-2021 (%)
    • Comparison by product
      • Table Comparison by product
    • Global thermal insulation coating market by YSZ
      • Table Global thermal insulation coating market by YSZ 2016-2021 ($ millions)
      • Table Global thermal insulation coating market by YSZ - Year-over-year growth 2017-2021 (% share)
    • Global thermal insulation coating market by acrylic
      • Table Global thermal insulation coating market by acrylic 2016-2021 ($ millions)
      • Table Global thermal insulation coating market by acrylic - Year-over-year growth 2017-2021 (% share)
    • Global thermal insulation coating market by epoxy
      • Table Global thermal insulation coating market by epoxy 2016-2021 ($ millions)
      • Table Global thermal insulation coating market by epoxy - Year-over-year growth 2017-2021 (% share)
    • Global thermal insulation coating market by polyurethane
      • Table Global thermal insulation coating market by polyurethane 2016-2021 ($ millions)
      • Table Global thermal insulation coating market by polyurethane - Year-over-year growth 2017-2021 (% share)
    • Global thermal insulation coating market by mullite
      • Table Global thermal insulation coating market by mullite 2016-2021 ($ millions)
      • Table Global thermal insulation coating market by mullite - Year-over-year growth 2017-2021 (% share)
    • Market opportunity by product
      • Table Market opportunity by product
  • Regional landscape
    • Geographical segmentation
      • Table Global thermal insulation coating market share by geography 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • Thermal insulation coating market in APAC
      • Table Thermal insulation coating market in APAC 2016-2021 ($ millions)
      • Table Thermal insulation coating market in APAC - Year-over-year growth 2017-2021 (% share)
      • Table Top 3 countries in APAC
    • Thermal insulation coating market in EMEA
      • Table Thermal insulation coating in EMEA 2016-2021 ($ millions)
      • Table Thermal insulation coating in EMEA - Year-over-year growth 2017-2021 (% share)
      • Table Top 3 countries in EMEA
    • Thermal insulation coating market in Americas
      • Table Thermal insulation coating market in Americas 2016-2021 ($ millions)
      • Table Thermal insulation coating market in Americas - Year-over-year growth 2017-2021 (% share)
      • Table Top 3 countries in Americas
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Total automobile production by region 2016-2021 ($ millions)
    • Market challenges
      • Table Global prices of crude oil ($/barrel)
  • Market trends
    • Increase in R&D activities
    • Rising demand for green building
    • Growing investment in defense industry
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Global thermal insulation coating market: Key vendors 2016
    • Other prominent vendors
  • Vendor analysis
    • Akzo Nobel
      • Table Akzo Nobel: Business segmentation by revenue 2016
      • Table Akzo Nobel: Geographical segmentation by revenue 2016
    • Jotun
      • Table Jotun: Business segmentation by revenue 2016
      • Table Jotun: Geographical segmentation by revenue 2016
    • PPG Industries
      • Table PPG Industries: Business segmentation by revenue 2016
      • Table PPG Industries: Geographical segmentation by revenue 2016
    • The Dow Chemical Company
      • Table The Dow Chemical Company: Business segmentation by revenue 2016
      • Table The Dow Chemical Company: Geographical segmentation by revenue 2016
    • The Sherwin-Williams Company
      • Table The Sherwin-Williams Company: Business segmentation by revenue 2016
      • Table The Sherwin-Williams Company: Geographical segmentation by revenue 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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