Insulation Coating Materials Market by Type, End-Use Industry, and Region - Global Forecast to 2023

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Japan, Japan, Thu, 22 Jul 2021 06:19:50 / Comserve Inc. / -- This detailed analysis includes market size and forecasts, covering regional analysis, trends, opportunities and COVID-19 analysis. The analysis also includes key players with business strategies and key indicators that influence market growth.

The insulation coating materials market is estimated at USD 8.7 billion in 2018 and is projected to reach USD 12.5 billion by 2023, at a CAGR of 7.5% between 2018 and 2023. The insulation coating materials market is driven by various factors, including increasing demand from end users due to its properties such as energy savings and prevention of corrosion. Lower thermal efficiency as compared with traditional insulation coatings and the high price of coating formulations are the restraints for the market.

The insulation coating materials market is driven by various factors, such as the need for energy saving, personnel protection, and surface protection in the marine industry. The marine environment is also prone to corrosion due to high moisture content. Insulation coating materials are used to provide a thermal barrier and anti-condensation capabilities for shipboard construction. Corrosion under insulation has been a crude problem in the marine application, and insulation coating materials provide corrosion protection due to their low porosity as they form a film over the substrate.

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"The Final Report will cover the impact analysis of COVID-19 on this industry: Insulation Coating Materials Market by Type, End-Use Industry, and Region - Global Forecast to 2023

The mullite-based insulation coating materials have low density, high thermal stability, and can be used in severe chemical environments. Mullite is an important ceramic material because of its low density, high thermal stability, stability in severe chemical environments, low thermal conductivity and favorable strength, and creep behavior. Mullite is much more oxygen-resistant than YSZ. In diesel engine applications, where the temperature variations across the coating are large, mullite is an excellent option, and this trend is expected to drive the market.

APAC is one of the most promising markets for insulation coating materials, due to the increase in investments in China, India, and other Southeast Asian countries. The demand for insulation coatings is increasing in the oil & gas, chemical, and power industries. The APAC region is witnessing the industrial growth, which in turn, will fuel the demand for insulation coatings in the region. Growing innovation and development and rising demand in the industrial sector for improved products is directly affecting the increase in the use of insulation coating materials.

Request for Sample Report: https://www.sdki.jp/sample-request-106392
"The Final Report will cover the impact analysis of COVID-19 on this industry: Insulation Coating Materials Market by Type, End-Use Industry, and Region - Global Forecast to 2023

Breakup of primary interviews:
? By Company Type - Tier 1 - 40%, Tier 2 - 30%, and Tier 3 - 30%
? By Designation - C level - 30%, Director level - 30%, and Others - 40%
? By Region - North America - 20%, Europe - 20%, APAC - 40%, South America -
10%, Middle East & Africa - 10%


The leading players in the insulation coating materials market are AkzoNobel (Netherlands), PPG Industries (US), The Sherwin-Williams Company (US), Kansai Paint CO., LTD. (Japan), Jotun Group (Norway), Nippon Paint (Japan), and Mascoat (US).

Reasons to Buy the Report
The report will help market leaders/new entrants in this market in the following ways:

1. This report segments the global insulation coating materials market comprehensively and provides the closest approximations of market sizes for the overall market and subsegments across verticals and regions.

2. The report will help stakeholders understand the pulse of the market and provide them with information on the key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders understand the major competitors and gain insights to enhance their positions in the business. The competitive landscape section includes expansions, acquisitions, and new product development activities.

TABLE OF CONTENTS

1 INTRODUCTION 20
1.1 OBJECTIVES OF THE STUDY 20
1.2 MARKET DEFINITION 20
1.3 MARKET SCOPE 20
1.3.1 REGIONS COVERED 21
1.3.2 YEARS CONSIDERED FOR THE STUDY 21
1.4 CURRENCY 22
1.5 UNIT CONSIDERED 22
1.6 LIMITATIONS 22
1.7 STAKEHOLDERS 22
2 RESEARCH METHODOLOGY 23
2.1 RESEARCH DATA 23
2.1.1 SECONDARY DATA 24
2.1.1.1 Key data from secondary sources 24
2.1.2 PRIMARY DATA 24
2.1.2.1 Key data from primary sources 25
2.1.2.2 Key industry insights 26
2.1.2.3 Breakdown of primary interviews 26
2.2 MARKET SIZE +0000IMATION 27
2.2.1 BOTTOM-UP APPROACH 27
2.2.2 TOP-DOWN APPROACH 28
2.3 DATA TRIANGULATION 29
2.4 ASSUMPTIONS 30
3 EXECUTIVE SUMMARY 31
4 PREMIUM INSIGHTS 34
4.1 ATTRACTIVE OPPORTUNITIES IN THE INSULATION COATING MATERIALS MARKET 34
4.2 APAC: INSULATION COATING MATERIALS MARKET, BY TYPE AND COUNTRY 35
4.3 INSULATION COATING MATERIALS MARKET, BY TYPE 35
4.4 INSULATION COATING MATERIALS MARKET, BY END-USE INDUSTRY 36
4.5 INSULATION COATING MATERIALS MARKET: MAJOR COUNTRIES 36

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact:

Hina Miyazu

Shibuya Data Count
Email: [email protected]
Tel: + 81 3 45720790

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