- Acrylic
- Epoxy
- Polyurethane
- YSZ
- Mullite
Thermal Insulation Coating Industry Market size was valued at 8.6 billion in 2023 and is expected to reach 13.9 billion by 2030, at a CAGR of 7.1% from 2024 to 2030. Thermal insulation coatings are the top choice for an extensive variation of thermal insulating paint applications over equipment such as heat exchanges, tanks, processing vessels, ovens, pipes, pipelines and more. Factors that upsurges the growth of market includes several properties such as energy saving, quick-curing for fast energy reduction results, energy efficiency for equipment and buildings, reduce production costs per unit by lowering energy requirements. In the market for thermal insulation coatings, oxidised ceramics are frequently employed. Chemical stability, thermal stability, high melting point, and high hardness are some of the features of oxide ceramic materials.
OXIDE CERAMIC MATERIALS ARE PERFECT FOR THE COATING INDUSTRY DUE TO THESE PRO Corrosion resistance, heat resistance, oxidation at high temperatures, high humidity tolerance, and wear resistance can all be improved using them. Some of the most popular oxide ceramics include aluminium oxide, chromium oxide, and zirconium dioxide, among others. These oxides are utilised in a variety of applications, including textile machine components, hydraulic parts, and shaft protection sleeves, among others, due to their appealing qualities such as superior corrosion resistance and strong abrasion resistance.
Study Period
2024-2030Base Year
2023CAGR
7.1%Largest Market
EuropeFastest Growing Market
Asia-Pacific
Thermal insulation coating industry finds a wide range of application in architectural, automotive, coil, conductive, inkjet media, marine, powder, others. Marine is the largest sector for thermal insulation coatings. The growth in this segment can be attributed to the need for metal protection which is beneficial to safeguard valuable assets used in oil and gas, shipping and coastal industrial applications. Automotive segment is witnessed to propel the market growth in the near future Thermal insulation coatings deliver high color carbon black for deep mass tone jetness and dependable tinting performance in automotive basecoat applications.
By Type
By Application
By Geography
The thermal insulation coating industry market size was valued at USD 8.6 million in 2023
The thermal insulation coating industry market key players are: Akzo Nobel The Sherwin-Williams Company Cabot Carboline Grand Polycoats KANSAI PAINT The Bayou Companies Mascoat Nippon Paint Sharpshell Industrial Solutions Superior Products International Synavax Tenaris Jotun
The thermal insulation coating industry market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
1. Executive Summary |
2. Global Thermal Insulation Coating Industry Market Introduction |
2.1.Global Thermal Insulation Coating Industry Market - Taxonomy |
2.2.Global Thermal Insulation Coating Industry Market - Definitions |
2.2.1.Type |
2.2.2.Application |
2.2.3.Geography |
2.2.4.Region |
3. Global Thermal Insulation Coating Industry Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Global Thermal Insulation Coating Industry Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Thermal Insulation Coating Industry Market By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Acrylic |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Epoxy |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Polyurethane |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. YSZ |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Mullite |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
6. Global Thermal Insulation Coating Industry Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Aerospace |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Automotive |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Marine |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Industrial |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Building & Construction |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Architectural |
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
6.7. Inkjet media |
6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.7.3. Market Opportunity Analysis |
6.8. Powder |
6.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.8.3. Market Opportunity Analysis |
6.9. Others |
6.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.9.3. Market Opportunity Analysis |
7. Global Thermal Insulation Coating Industry Market By Geography, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia-Pacific |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Latin America |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Middle East and Africa |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8. Global Thermal Insulation Coating Industry Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia Pacific (APAC) |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Middle East and Africa (MEA) |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Latin America |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9. North America Thermal Insulation Coating Industry Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Acrylic |
9.1.2.Epoxy |
9.1.3.Polyurethane |
9.1.4.YSZ |
9.1.5.Mullite |
9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Aerospace |
9.2.2.Automotive |
9.2.3.Marine |
9.2.4.Industrial |
9.2.5.Building & Construction |
9.2.6.Architectural |
9.2.7.Inkjet media |
9.2.8.Powder |
9.2.9.Others |
9.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.North America |
9.3.2.Europe |
9.3.3.Asia-Pacific |
9.3.4.Latin America |
9.3.5.Middle East and Africa |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1.United States of America (USA) |
9.4.2.Canada |
10. Europe Thermal Insulation Coating Industry Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Acrylic |
10.1.2.Epoxy |
10.1.3.Polyurethane |
10.1.4.YSZ |
10.1.5.Mullite |
10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Aerospace |
10.2.2.Automotive |
10.2.3.Marine |
10.2.4.Industrial |
10.2.5.Building & Construction |
10.2.6.Architectural |
10.2.7.Inkjet media |
10.2.8.Powder |
10.2.9.Others |
10.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.North America |
10.3.2.Europe |
10.3.3.Asia-Pacific |
10.3.4.Latin America |
10.3.5.Middle East and Africa |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Germany |
10.4.2.France |
10.4.3.Italy |
10.4.4.United Kingdom (UK) |
10.4.5.Spain |
10.4.6.Rest of EU |
11. Asia Pacific (APAC) Thermal Insulation Coating Industry Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Acrylic |
11.1.2.Epoxy |
11.1.3.Polyurethane |
11.1.4.YSZ |
11.1.5.Mullite |
11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Aerospace |
11.2.2.Automotive |
11.2.3.Marine |
11.2.4.Industrial |
11.2.5.Building & Construction |
11.2.6.Architectural |
11.2.7.Inkjet media |
11.2.8.Powder |
11.2.9.Others |
11.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.North America |
11.3.2.Europe |
11.3.3.Asia-Pacific |
11.3.4.Latin America |
11.3.5.Middle East and Africa |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.China |
11.4.2.India |
11.4.3.Australia and New Zealand (ANZ) |
11.4.4.Japan |
11.4.5.Rest of APAC |
12. Middle East and Africa (MEA) Thermal Insulation Coating Industry Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Acrylic |
12.1.2.Epoxy |
12.1.3.Polyurethane |
12.1.4.YSZ |
12.1.5.Mullite |
12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Aerospace |
12.2.2.Automotive |
12.2.3.Marine |
12.2.4.Industrial |
12.2.5.Building & Construction |
12.2.6.Architectural |
12.2.7.Inkjet media |
12.2.8.Powder |
12.2.9.Others |
12.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.North America |
12.3.2.Europe |
12.3.3.Asia-Pacific |
12.3.4.Latin America |
12.3.5.Middle East and Africa |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.GCC Countries |
12.4.2.South Africa |
12.4.3.Rest of MEA |
13. Latin America Thermal Insulation Coating Industry Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Acrylic |
13.1.2.Epoxy |
13.1.3.Polyurethane |
13.1.4.YSZ |
13.1.5.Mullite |
13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Aerospace |
13.2.2.Automotive |
13.2.3.Marine |
13.2.4.Industrial |
13.2.5.Building & Construction |
13.2.6.Architectural |
13.2.7.Inkjet media |
13.2.8.Powder |
13.2.9.Others |
13.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.North America |
13.3.2.Europe |
13.3.3.Asia-Pacific |
13.3.4.Latin America |
13.3.5.Middle East and Africa |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Brazil |
13.4.2.Mexico |
13.4.3.Rest of LA |
14. Competition Landscape |
14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
14.2.1.Akzo Nobel |
14.2.2.The Sherwin-Williams Company |
14.2.3.Cabot |
14.2.4.Carboline |
14.2.5.Grand Polycoats |
14.2.6.KANSAI PAINT |
14.2.7.The Bayou Companies |
14.2.8.Mascoat |
14.2.9.Nippon Paint |
14.2.10.Sharpshell Industrial Solutions |
14.2.11.Superior Products International |
14.2.12.Synavax |
14.2.13.Tenaris |
14.2.14.Jotun |
15. Research Methodology |
16. Appendix and Abbreviations |