Thermal Insulation Coating Industry Market: By Type (Acrylic, Epoxy, Polyurethane, YSZ, Mullite), By Application (Aerospace, Automotive, Marine, Industrial, Building & Construction, Architectural, Inkjet media, Powder, Others), and Geography  

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Thermal Insulation Coating Industry Market size was valued at 8.6 billion in 2022 and is expected to reach 13.9 billion by 2029, at a CAGR of 7.1% from 2023 to 2029. 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.

Global Thermal Insulation Coating Industry Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.1%

Largest Market

Europe

Fastest Growing Market

Asia-Pacific
Thermal Insulation Coating Industry Market Dynamics

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.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Global Thermal Insulation Coating Industry Market Segmentation

By Type
  • Acrylic
  • Epoxy
  • Polyurethane
  • YSZ
  • Mullite
By Application
  • Aerospace
  • Automotive
  • Marine
  • Industrial
  • Building & Construction
  • Architectural
  • Inkjet media
  • Powder
  • Others
By Geography
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Frequently Asked Questions

The thermal insulation coating industry market size was valued at USD 8.6 million in 2022

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, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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 , 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Acrylic
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Aerospace
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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 ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Type  Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 ,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 ,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 ,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 ,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 
  • 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

Adjacent Markets