Thermal Insulation Coating Market Research Report- Forecast to 2023

Thermal Insulation Coating Market Research Report- Forecast to 2023

ID: MRFR/CnM/3394-HCRR | January, 2018 | Region: Global | 137 pages | Half-Cooked Research Reports

Global Thermal Insulation Coating Market Research Report- by Type (Acrylic, Epoxy, Polyurethane, Yttria Stabilized Zirconia, and Others), by End Use (Aviation, Transportation, Industrial, Construction, and Others) and by Region- Forecast till 2023


Thermal Insulation Coating are coatings applied like a paint to a substrate. These coatings are classified into acrylic, epoxy, polyurethane, and yttria stabilized zirconia (YSZ). These coatings possess characteristics exhibit low heat transfer, chemical resistance, inertness when exposed to outdoor conditions and energy saving in industrial applications. Their major role is to increase the life span or durability of a material or any other substrate. They have applications in end use industries such as aviation, automotive, oil & gas, and construction industries.


As per our analysis, some of the prominent market factors and trends identified in the Global Thermal Insulation Coating Market include rapid urbanization, rising demand for aircraft carriers, and increasing expenditure on research activities. Moreover, demand for Thermal Insulation Coating is predicted to witness a significant growth over the assessment period due to rapidly developing construction industry. Rising construction activities across the globe is anticipated to be an important driver for Thermal Insulation Coating Market during the review period. Increasing automobile production and sales along with rising consumption of interior coatings is estimated to fuel the growth of the market. Furthermore, rapid urbanization coupled with increasing disposable income in the emerging economies is predicted to propel the growth of the market during the assessment period, 2017 to 2023. Need of protective coatings on tools, equipment, and end decorative parts in building & construction industry is posing as a major demand driver in the market. In addition to this, the use of thermal insulation coating has increased in a number of industrial applications in a bid to protect machineries and equipment which function in harsh environment with high temperatures. This, in turn, is propelling the product demand in the market. However, implementation of strict regulations by various government bodies has restricted the use of toxic organic chemicals used in the production of Thermal Insulation Coating, which is expected to hamper the growth of the market.


The Global Thermal Insulation Coating Market Share by End Use Industry, (2016) (%):Thermal Insulation Coating Market


Regional Analysis:


The Global Thermal Insulation Coating Market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, North America is predicted to grow with the highest CAGR during the review period, 2017 to 2023 on account of expanding aviation industry. The demand for Thermal Insulation Coating in petrochemical plants is predicted to surge in countries of the North America such as the U.S., Canada and Mexico due to high adoption rate by the petrochemical producers. Moreover, the presence of tremendous oil & gas reserves in this region is predicted to propel the growth of the market.


The North America has emerged as the leading market region for Thermal Insulation Coating followed by Asia Pacific and the Middle East & Africa. North American thermal insulation coating market is predicted to witness a tremendous growth on account of high consumption potential, increasing production capacities, and rising economic growth rate. In North American region, the U.S. is predicted to be the major contributor in the regional growth of Thermal Insulation Coating Market and is expected to see a significant demand for Thermal Insulation Coating during the forecast period, 2017 to 2023. As of 2016, the U.S accounted for the largest market share and is followed by Canada in terms of value & volume and is estimated to grow with a moderate CAGR on account of growth in the production of crude oil. In Europe, the demand for Thermal Insulation Coating is predicted to grow in various countries such as Italy, Germany, Spain, the U.K, France, and Russia on account of increasing expenditure in innovation and growing purchasing power of consumers. Moreover, presence of major automobile manufacturers specifically in Germany is expected to give a new impetus to the market growth. Latin American countries such as Argentina, Colombia, and Brazil are also predicted to witness a substantial growth owing to increasing consumer spending on passenger cars as well as involvement of new technologies and inventions in Thermal Insulation Coating. Asia Pacific thermal insulation coating market is predicted to grow with the moderate CAGR due to developing crude oil processing and expanding petroleum refineries in India and China. Moreover, continuous growth of automotive sector in various economies of Asia Pacific such as China, India, Malaysia, Thailand, and Japan is expected to raise the demand for synthetic lubricants which in turn is predicted to fuel the demand for Thermal Insulation Coating over the forecast period, 2017 to 2023.


Segmentation:


The Global Thermal Insulation Coating Market is categorized on the basis of type, end use industry, and region. On the basis of type, the market is bifurcated into acrylic, epoxy, polyurethane, yttria stabilized zirconia and others. Based on end use, this product finds its application in aviation, transportation, construction, and other industrial purposes. On the basis of region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.


Key Players:


Some of the prominent players operating in the Global Thermal Insulation Coating Market are PPG Industries, Inc. (U.S.), The Sherwin-Williams Company (U.S.), The Dow Chemical Company (U.S.), Akzo Nobel N.V. (the Netherlands), Kansai Paint Co., Ltd. (Japan), Jotun (Norway), Nippon Paint Holdings Co., Ltd. (Japan), Carboline Company (U.S.), Sharpshell Industrial Solutions (South Africa), and Mascoat (U.S.), among others.


Intended Audience



  • Thermal Insulation Coating Manufacturers

  • Traders and Distributors of Thermal Insulation Coating

  • Production Process Industries

  • Potential Investors

  • Raw Material Suppliers

  • Nationalized Laboratory

Table of Contents:

1    Executive Summary    

2    Scope of the Report    

      2.1    Market Definition    

      2.2    Scope of the Study    

            2.2.1    Research Objectives    

            2.2.2    Assumptions & Limitations    

      2.3    Markets Structure    

3    Market Research Methodology    

      3.1    Research Process    

      3.2    Secondary Research    

      3.3    Primary Research    

      3.4    Forecast Model    

4    Market Landscape    

      4.1    Porter’s Five Forces Analysis    

            4.1.1    Threat of New Entrants    

            4.1.2    Bargaining power of buyers    

            4.1.3    Threat of substitutes    

            4.1.4    Segment rivalry    

      4.2    Value Chain/Supply Chain of Global Thermal Insulation Coatings Market

5    Industry Overview of Global Thermal Insulation Coatings Market    

      5.1    Introduction    

      5.2    Growth Drivers    

      5.3    Impact analysis    

      5.4    Market Challenges    

6    Market Trends    

      6.1    Introduction    

      6.2    Growth Trends    

      6.3    Impact analysis    

7.    Global Thermal Insulation Coatings Market by Type

      7.1    Introduction

      7.2    Acrylic

            7.2.1 Market Estimates & Forecast, 2016-2023

            7.2.2 Market Estimates & Forecast by Region, 2016-2023

      7.3    Epoxy

            7.3.1 Market Estimates & Forecast, 2016-2023

            7.3.2 Market Estimates & Forecast by Region, 2016-2023

      7.4    Polyurethane

            7.4.1 Market Estimates & Forecast, 2016-2023

            7.4.2 Market Estimates & Forecast by Region, 2016-2023

      7.5    Yttria Stabilized Zirconia

            7.5.1 Market Estimates & Forecast, 2016-2023

            7.5.2 Market Estimates & Forecast by Region, 2016-2023

      7.6    Others

            7.6.1 Market Estimates & Forecast, 2016-2023

            7.6.2 Market Estimates & Forecast by Region, 2016-2023

8.    Global Thermal Insulation Coatings Market by End Use

      8.1    Introduction

      8.2    Aviation

            8.2.1 Market Estimates & Forecast, 2016-2023

            8.2.2 Market Estimates & Forecast by Region, 2016-2023

      8.3    Transportation

            8.3.1 Market Estimates & Forecast, 2016-2023

            8.3.2 Market Estimates & Forecast by Region, 2016-2023

      8.4    Industrial

            8.4.1 Market Estimates & Forecast, 2016-2023

            8.4.2 Market Estimates & Forecast by Region, 2016-2023

      8.5    Construction

            8.5.1 Market Estimates & Forecast, 2016-2023

            8.5.2 Market Estimates & Forecast by Region, 2016-2023

9.    Global Thermal Insulation Coatings Market by Region

      9.1    Introduction

      9.2    North America

            9.2.1 Market Estimates & Forecast, 2016-2023

            9.2.2 Market Estimates & Forecast by Type, 2016-2023

            9.2.3 Market Estimates & Forecast by End Use, 2016-2023

            9.2.4    US

                9.2.4.1 Market Estimates & Forecast, 2016-2023

                9.2.4.2 Market Estimates & Forecast by Type, 2016-2023

                9.2.4.3 Market Estimates & Forecast by End Use, 2016-2023

            9.2.5    Canada

                9.2.5.1 Market Estimates & Forecast, 2016-2023

                9.2.5.2 Market Estimates & Forecast by Type, 2016-2023

                9.2.5.3 Market Estimates & Forecast by End Use, 2016-2023

      9.3    Europe

            9.3.1 Market Estimates & Forecast, 2016-2023

            9.3.2 Market Estimates & Forecast by Type, 2016-2023

            9.3.3 Market Estimates & Forecast by End Use, 2016-2023

            9.3.4    Germany

                9.3.4.1 Market Estimates & Forecast, 2016-2023

                9.3.4.2 Market Estimates & Forecast by Type, 2016-2023

                9.3.4.3 Market Estimates & Forecast by End Use, 2016-2023

            9.3.5.    France

                9.3.5.1 Market Estimates & Forecast, 2016-2023

                9.3.5.2 Market Estimates & Forecast by Type, 2016-2023

                9.3.5.2 Market Estimates & Forecast by End Use, 2016-2023

            9.3.6    Italy

                9.3.6.1 Market Estimates & Forecast, 2016-2023

                9.3.6.2 Market Estimates & Forecast by Type, 2016-2023

                9.3.6.2 Market Estimates & Forecast by End Use, 2016-2023

            9.3.7    Spain

                9.3.7.1 Market Estimates & Forecast, 2016-2023

                9.3.7.2 Market Estimates & Forecast by Type, 2016-2023

                9.3.7.2 Market Estimates & Forecast by End Use, 2016-2023

            9.3.8    UK

                9.3.8.1 Market Estimates & Forecast, 2016-2023

                9.3.8.2 Market Estimates & Forecast by Type, 2016-2023

                9.3.8.2 Market Estimates & Forecast by End Use, 2016-2023

            9.3.9    Russia

                9.3.9.1 Market Estimates & Forecast, 2016-2023

                9.3.9.2 Market Estimates & Forecast by Type, 2016-2023

                9.3.9.2 Market Estimates & Forecast by End Use, 2016-2023

            9.3.10    Poland

                9.3.10.1 Market Estimates & Forecast, 2016-2023

                9.3.10.2 Market Estimates & Forecast by Type, 2016-2023

                9.3.10.2 Market Estimates & Forecast by End Use, 2016-2023

      9.4    Asia Pacific

            9.4.1 Market Estimates & Forecast, 2016-2023

            9.4.2 Market Estimates & Forecast by Type, 2016-2023

            9.4.3 Market Estimates & Forecast by End Use, 2016-2023

            9.4.4    China

                9.4.4.1 Market Estimates & Forecast, 2016-2023

                9.4.4.2 Market Estimates & Forecast by Type, 2016-2023

                9.4.4.3 Market Estimates & Forecast by End Use, 2016-2023

            9.4.5    India

                9.4.4.1 Market Estimates & Forecast, 2016-2023

                9.4.4.2 Market Estimates & Forecast by Type, 2016-2023

            9.4.4.3Market Estimates & Forecast by End Use, 2016-2023

            9.4.5    Japan

                9.4.5.1 Market Estimates & Forecast, 2016-2023

                9.4.5.2 Market Estimates & Forecast by Type, 2016-2023

                9.4.5.3 Market Estimates & Forecast by End Use, 2016-2023

            9.4.6    Australia

                9.4.6.1 Market Estimates & Forecast, 2016-2023

                9.4.6.2 Market Estimates & Forecast by Type, 2016-2023

                9.4.6.3 Market Estimates & Forecast by End Use, 2016-2023

            9.4.7    New Zealand

                9.4.7.1 Market Estimates & Forecast, 2016-2023

                9.4.7.2 Market Estimates & Forecast by Type, 2016-2023

                9.4.7.3 Market Estimates & Forecast by End Use, 2016-2023

            9.4.8    Rest of Asia Pacific

                9.4.8.1 Market Estimates & Forecast, 2016-2023

                9.4.8.2 Market Estimates & Forecast by Type, 2016-2023

                9.4.8.2 Market Estimates & Forecast by End Use, 2016-2023

      9.5    Middle East & Africa 

            9.5.1 Market Estimates & Forecast, 2016-2023

            9.5.2 Market Estimates & Forecast by Type, 2016-2023

            9.5.3 Market Estimates & Forecast by End Use, 2016-2023

            9.5.4 Turkey

                9.5.4.1 Market Estimates & Forecast, 2016-2023

                9.5.4.2 Market Estimates & Forecast by Type, 2016-2023

                9.5.4.3 Market Estimates & Forecast by End Use, 2016-2023

            9.5.5 Israel 

                9.5.5.1 Market Estimates & Forecast, 2016-2023

                9.5.5.2 Market Estimates & Forecast by Type, 2016-2023

                9.5.5.3 Market Estimates & Forecast by End Use, 2016-2023

            9.5.6 North Africa 

                9.5.6.1 Market Estimates & Forecast, 2016-2023

                9.5.6.2 Market Estimates & Forecast by Type, 2016-2023

                9.5.6.3 Market Estimates & Forecast by End Use, 2016-2023

            9.5.7 GCC

                9.5.7.1 Market Estimates & Forecast, 2016-2023

                9.5.7.2 Market Estimates & Forecast by Type, 2016-2023

                9.5.7.3 Market Estimates & Forecast by End Use, 2016-2023

            9.5.8 Rest of Middle East & Africa 

                9.5.8.1 Market Estimates & Forecast, 2016-2023

                9.5.8.2 Market Estimates & Forecast by Type, 2016-2023

                9.5.8.2 Market Estimates & Forecast by End Use, 2016-2023

      9.6    Latin America

            9.6.1 Market Estimates & Forecast, 2016-2023

            9.6.2 Market Estimates & Forecast by Type, 2016-2023

            9.6.3 Market Estimates & Forecast by End Use, 2016-2023

            9.6.4 Brazil 

                9.6.4.1 Market Estimates & Forecast, 2016-2023

                9.6.4.2 Market Estimates & Forecast by Type, 2016-2023

                9.6.4.3 Market Estimates & Forecast by End Use, 2016-2023

            9.6.5 Argentina 

                9.6.5.1 Market Estimates & Forecast, 2016-2023

                9.6.5.2 Market Estimates & Forecast by Type, 2016-2023

                9.6.5.3 Market Estimates & Forecast by End Use, 2016-2023

            9.6.6 Mexico 

                9.6.6.1 Market Estimates & Forecast, 2016-2023

                9.6.6.2 Market Estimates & Forecast by Type, 2016-2023

                9.6.6.3 Market Estimates & Forecast by End Use, 2016-2023

            9.6.7 Rest of Latin America 

                9.6.7.1 Market Estimates & Forecast, 2016-2023

                9.6.7.2 Market Estimates & Forecast by Type, 2016-2023

                9.6.7.3 Market Estimates & Forecast by End Use, 2016-2023

10.    Company Landscape

11.    Company Profiles    

      11.1    PPG Industries, Inc.

            11.1.1    Company Overview

            11.1.2    Type/Business Segment Overview

            11.1.3    Financial Updates

            11.1.4    Key Developments

      11.2    The Sherwin-Williams Company

            11.2.1    Company Overview

            11.2.2    Type/Business Segment Overview

            11.2.3    Financial Updates

            11.2.4    Key Developments

      11.3    The Dow Chemical Company

            11.3.1    Company Overview

            11.3.2    Type/Business Segment Overview

            11.3.3    Financial Updates

            11.3.4    Key Developments

      11.4    Akzo Nobel N.V.

            11.4.1    Company Overview

            11.4.2    Type/Business Segment Overview

            11.4.3    Financial Updates

            11.4.4    Key Developments

      11.5    Kansai Paint Co., Ltd.

            11.5.1    Company Overview

            11.5.2    Type/Business Segment Overview

            11.5.3    Financial Updates

            11.5.4    Key Developments

      11.6    Jotun

            11.6.1    Company Overview

            11.6.2    Type/Business Segment Overview

            11.6.3    Financial Updates

            11.6.4    Key Developments

      11.7    Nippon Paint Holdings Co., Ltd.

            11.7.1    Company Overview

            11.7.2    Type/Business Segment Overview

            11.7.3    Financial Updates

            11.7.4    Key Developments

      11.8    Carboline Company

            11.8.1    Company Overview

            11.8.2    Type/Business Segment Overview

            11.8.3    Financial Updates

            11.8.4    Key Developments

      11.8    Sharpshell Industrial Solutions

            11.8.1    Company Overview

            11.8.2    Type/Business Segment Overview

            11.8.3    Financial Updates

            11.8.4    Key Developments

      11.9    Mascoat

            11.9.1    Company Overview

            11.9.2    Type/Business Segment Overview

            11.9.3    Financial Updates

            11.9.4    Key Developments

12.    Conclusion

List of Tables:

Table 1    World Population by Major Regions (2016 To 2030)  

Table 2    Global Thermal Insulation Coatings Market: By Region, 2016-2023  

Table 3    North America Thermal Insulation Coatings Market: By Country, 2016-2023  

Table 4    Europe Thermal Insulation Coatings Market: By Country, 2016-2023  

Table 5    Asia-Pacific Thermal Insulation Coatings Market: By Country, 2016-2023  

Table 7    Middle East & Africa Thermal Insulation Coatings Market: By Country, 2016-2023  

Table 6    Latin America Thermal Insulation Coatings Market: By Country, 2016-2023  

Table 8    Global Thermal Insulation Coatings by Types  Market: By Regions, 2016-2023  

Table 9    North America Thermal Insulation Coatings by Types  Market: By Country, 2016-2023  

Table 10    Europe Thermal Insulation Coatings by Types  Market: By Country, 2016-2023  

Table11    Asia-Pacific Thermal Insulation Coatings by Types  Market: By Country, 2016-2023  

Table13    Middle East & Africa Thermal Insulation Coatings by Types  Market: By Country, 2016-2023  

Table12    Latin America Thermal Insulation Coatings by Types  Market: By Country, 2016-2023  

Table14    North America Thermal Insulation Coatings for End Use Market: By Country, 2016-2023  

Table13    Europe Thermal Insulation Coatings for End Use Market: By Country, 2016-2023  

Table14    Asia-Pacific Thermal Insulation Coatings for End Use Market: By Country, 2016-2023  

Table16    Middle East & Africa Thermal Insulation Coatings for End Use Market: By Country, 2016-2023  

Table15    Latin America Thermal Insulation Coatings for End Use Market: By Country, 2016-2023 

Table23    Global Types Market: By Region, 2016-2023  

Table24    Global End Use Market: By Region, 2016-2023  

Table25    North America Thermal Insulation Coatings Market, By Country  

Table26    North America Thermal Insulation Coatings Market, By Types  

Table27    North America Thermal Insulation Coatings Market, By End Use 

Table28    Europe: Thermal Insulation Coatings Market, By Country  

Table29    Europe: Thermal Insulation Coatings Market, By Types   

Table30    Europe: Thermal Insulation Coatings Market, By End Use  

Table31    Asia-Pacific: Thermal Insulation Coatings Market, By Country  

Table32    Asia-Pacific: Thermal Insulation Coatings Market, By Types   

Table33    Asia-Pacific: Thermal Insulation Coatings Market, By End Use  

Table36    Middle East & Africa: Thermal Insulation Coatings Market, By Country  

Table37    Middle East & Africa Thermal Insulation Coatings Market, By Types   

Table33    Middle East & Africa: Thermal Insulation Coatings Market, By End Use  

Table34    Latin America: Thermal Insulation Coatings Market, By Country  

Table35    Latin America Thermal Insulation Coatings Market, By Types   

Table33    Latin America: Thermal Insulation Coatings Market, By End Use  

List Of Figures:

FIGURE 1  Global Thermal Insulation Coatings Market segmentation

FIGURE 2  Forecast Methodology

FIGURE 3  Five Forces Analysis of Global Thermal Insulation Coatings Market

FIGURE 4  Value Chain of Global Thermal Insulation Coatings Market

FIGURE 5   Share of Global Thermal Insulation Coatings Market in 2016, by country (in %)

FIGURE 6   Global Thermal Insulation Coatings Market, 2016-2023,

FIGURE 7   Sub segments of Type

FIGURE 8   Global Thermal Insulation Coatings Market size by Type, 2016

FIGURE 9   Share of Global Thermal Insulation Coatings Market by Type, 2016 to 2023

FIGURE 10   Sub segments of End Use

FIGURE 11   Global Thermal Insulation Coatings Market size by End Use, 2016

FIGURE 12   Share of Global Thermal Insulation Coatings Market by End Use, 2016 to 2023