Insulation Coatings Market Share Analysis by Product (Acrylic, Epoxy, Polyurethane, YSZ, Mullite), End Use (Maritime, Aerospace & Defense, Automotive, Industrial, Building & Construction)

Description

Key Highlights

The insulation coatings market generated a value of USD 10,255.9 million in 2023, and it will increase to USD 15,922.5 million, powering at a 6.6% compound annual growth rate, by 2030.

This is because of the increasing utilization of these materials in many sectors, including manufacturing, marine, and aerospace; the growing automotive industry, surging use of environment-friendly products, and rising construction & infrastructure expansion.

The continuous R&D in nanotechnology-based insulation coatings will substantially assist the industry expansion. This can be because they offer less thickness, coupled with robust strength and thermal resistance.

The market is observing a growing inclination for environment-friendly, sustainable, and non-toxic products. This is because such coatings provide extra benefits compared to conventional ones.

The constant development in infrastructure is likely to boost sales growth.

The construction sector is strongly concentrating on power savings and total sustainability, which is leading to the high-volume use of insulation coatings.

This is because such products enhance the complete performance of buildings by reducing heating and cooling expenses, thus also enhancing comfort.

Such products deliver efficient thermal insulation by limiting energy consumption, therefore decreasing emissions.

Insulation coatings assist in sustainable construction by reducing waste, saving energy, and enhancing the building's life, thus developing a greener atmosphere.

Key Insights

APAC will advance at the fastest compound annual growth rate, of 8%, in the years to come. This can be attributed to the increasing level of industrialization in this region.

Several businesses are making manufacturing facilities in this region due to the labor at low costs and easy accessibility of raw materials.

APAC is observing fast development in construction because of the increasing populace in emerging economies.

In line, speedy urbanization and industrialization have pushed governments to increase funding for infrastructure.

North America was the second-largest contributor to the industry in 2023, with a 30% share, and it will continue this trend during this decade.

This is because of the existence of major players, growing electrification of vehicles, flourishing architectural business, and increasing improvements in technologies, in this continent.

The acrylic category was the largest contributor to the industry in 2023, with a 40% share, and it will remain the largest throughout this decade.

This can be ascribed to the benefits provided by this material, such as high tensile strength, low weight, transparence, and low price.

The epoxy category was a significant contributor in 2023, with a 20% share. This is because of the epoxy's resistance to excess heat, abrasion, and UV radiations, along with improved dimensional stability and strength, making it suitable for building and construction applications.

The automotive category will propel at the fastest rate, of 7%, in the years to come.

This is attributed to the increasing application of insulation coatings in the automotive industry by both aftermarket businesses and OEMs.

Improvements in automotive technology, together with the improving disposable personal income and living standard, will further aid this category expansion.

The aerospace & defense category was a significant contributor to the industry in 2023, with a 20% share, as insulation coatings have various applications in this sector.

Product Code: 12919

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by product
- 1.4.2. Market size breakdown, by end use
- 1.4.3. Market size breakdown, by region
- 1.4.4. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Voice of Industry Experts/KOLs

Chapter 5. Market Indicators

Chapter 6. Industry Outlook

6.1. Market Dynamics
- 6.1.1. Trends
- 6.1.2. Drivers
- 6.1.3. Restraints/challenges
- 6.1.4. Impact analysis of drivers/restraints
6.2. Impact of COVID-19
6.3. Porter's Five Forces Analysis
- 6.3.1. Bargaining power of buyers
- 6.3.2. Bargaining power of suppliers
- 6.3.3. Threat of new entrants
- 6.3.4. Intensity of rivalry
- 6.3.5. Threat of substitutes
6.4. Value Chain Analysis
6.5. Technology Analysis
6.6. Regulatory Framework

Chapter 7. Competitive Landscape

7.1. List of Market Players and their Offerings
7.2. Competitive Benchmarking of Key Players
7.3. Product Benchmarking of Key Players
7.4. Recent Strategic Developments
7.5. Investment by Players

Chapter 8. Global Market

8.1. Overview
8.2. Market Revenue, by Product (2017-2030)
8.3. Market Revenue, by End Use (2017-2030)
8.4. Market Revenue, by Region (2017-2030)

Chapter 9. North America Market

9.1. Overview
9.2. Market Revenue, by Product (2017-2030)
9.3. Market Revenue, by End Use (2017-2030)
9.4. Market Revenue, by Country (2017-2030)

Chapter 10. Europe Market

10.1. Overview
10.2. Market Revenue, by Product (2017-2030)
10.3. Market Revenue, by End Use (2017-2030)
10.4. Market Revenue, by Country (2017-2030)

Chapter 11. APAC Market

11.1. Overview
11.2. Market Revenue, by Product (2017-2030)
11.3. Market Revenue, by End Use (2017-2030)
11.4. Market Revenue, by Country (2017-2030)

Chapter 12. LATAM Market

12.1. Overview
12.2. Market Revenue, by Product (2017-2030)
12.3. Market Revenue, by End Use (2017-2030)
12.4. Market Revenue, by Country (2017-2030)

Chapter 13. MEA Market

13.1. Overview
13.2. Market Revenue, by Product (2017-2030)
13.3. Market Revenue, by End Use (2017-2030)
13.4. Market Revenue, by Country (2017-2030)

Chapter 14. U.S. Market

14.1. Overview
14.2. Market Revenue, by Product (2017-2030)
14.3. Market Revenue, by End Use (2017-2030)

Chapter 15. Canada Market

15.1. Overview
15.2. Market Revenue, by Product (2017-2030)
15.3. Market Revenue, by End Use (2017-2030)

Chapter 16. Germany Market

16.1. Overview
16.2. Market Revenue, by Product (2017-2030)
16.3. Market Revenue, by End Use (2017-2030)

Chapter 17. France Market

17.1. Overview
17.2. Market Revenue, by Product (2017-2030)
17.3. Market Revenue, by End Use (2017-2030)

Chapter 18. U.K. Market

18.1. Overview
18.2. Market Revenue, by Product (2017-2030)
18.3. Market Revenue, by End Use (2017-2030)

Chapter 19. Italy Market

19.1. Overview
19.2. Market Revenue, by Product (2017-2030)
19.3. Market Revenue, by End Use (2017-2030)

Chapter 20. Spain Market

20.1. Overview
20.2. Market Revenue, by Product (2017-2030)
20.3. Market Revenue, by End Use (2017-2030)

Chapter 21. China Market

21.1. Overview
21.2. Market Revenue, by Product (2017-2030)
21.3. Market Revenue, by End Use (2017-2030)

Chapter 22. Japan Market

22.1. Overview
22.2. Market Revenue, by Product (2017-2030)
22.3. Market Revenue, by End Use (2017-2030)

Chapter 23. India Market

23.1. Overview
23.2. Market Revenue, by Product (2017-2030)
23.3. Market Revenue, by End Use (2017-2030)

Chapter 24. South Korea Market

24.1. Overview
24.2. Market Revenue, by Product (2017-2030)
24.3. Market Revenue, by End Use (2017-2030)

Chapter 25. Australia Market

25.1. Overview
25.2. Market Revenue, by Product (2017-2030)
25.3. Market Revenue, by End Use (2017-2030)

Chapter 26. Brazil Market

26.1. Overview
26.2. Market Revenue, by Product (2017-2030)
26.3. Market Revenue, by End Use (2017-2030)

Chapter 27. Mexico Market

27.1. Overview
27.2. Market Revenue, by Product (2017-2030)
27.3. Market Revenue, by End Use (2017-2030)

Chapter 28. Saudi Arabia Market

28.1. Overview
28.2. Market Revenue, by Product (2017-2030)
28.3. Market Revenue, by End Use (2017-2030)

Chapter 29. South Africa Market

29.1. Overview
29.2. Market Revenue, by Product (2017-2030)
29.3. Market Revenue, by End Use (2017-2030)

Chapter 30. U.A.E. Market

30.1. Overview
30.2. Market Revenue, by Product (2017-2030)
30.3. Market Revenue, by End Use (2017-2030)

Chapter 31. Company Profiles

31.1. Akzo Nobel N.V.
- 31.1.1. Business overview
- 31.1.2. Product and service offerings
- 31.1.3. Key financial summary
31.2. PPG Industries Inc.
- 31.2.1. Business overview
- 31.2.2. Product and service offerings
- 31.2.3. Key financial summary
31.3. The Sherwin-Williams Company
- 31.3.1. Business overview
- 31.3.2. Product and service offerings
- 31.3.3. Key financial summary
31.4. Kansai Paint Co. Ltd.
- 31.4.1. Business overview
- 31.4.2. Product and service offerings
- 31.4.3. Key financial summary
31.5. Jotun A/S
- 31.5.1. Business overview
- 31.5.2. Product and service offerings
- 31.5.3. Key financial summary
31.6. Nippon Paint Holdings Co. Ltd.
- 31.6.1. Business overview
- 31.6.2. Product and service offerings
- 31.6.3. Key financial summary
31.7. Hunan Fengri Power Electric Co. Ltd.
- 31.7.1. Business overview
- 31.7.2. Product and service offerings
- 31.7.3. Key financial summary
31.8. Hempel A/S
- 31.8.1. Business overview
- 31.8.2. Product and service offerings
- 31.8.3. Key financial summary
31.9. Seal for Life Group
- 31.9.1. Business overview
- 31.9.2. Product and service offerings
- 31.9.3. Key financial summary
31.10. Holcim Ltd.
- 31.10.1. Business overview
- 31.10.2. Product and service offerings
- 31.10.3. Key financial summary

Chapter 32. Appendix

32.1. Abbreviations
32.2. Sources and References
32.3. Related Reports

Insulation Coatings Market Share Analysis by Product (Acrylic, Epoxy, Polyurethane, YSZ, Mullite), End Use (Maritime, Aerospace & Defense, Automotive, Industrial, Building & Construction) - Global Industry Growth Forecast to 2030