Insulation Coating Materials - Global Strategic Business Report

Global Insulation Coating Materials Market to Reach $16.4 Billion by 2030

The global market for Insulation Coating Materials estimated at US$9.5 Billion in the year 2022, is projected to reach a revised size of US$16.4 Billion by 2030, growing at a CAGR of 7% over the analysis period 2022-2030. Acrylic-based, one of the segments analyzed in the report, is projected to record 7.7% CAGR and reach US$7.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the YSZ-based segment is readjusted to a revised 6.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.6 Billion, While China is Forecast to Grow at 12% CAGR

The Insulation Coating Materials market in the U.S. is estimated at US$2.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4 Billion by the year 2030 trailing a CAGR of 12% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.

Select Competitors (Total 42 Featured) -

• Akzonobel
• Axalta Coating Systems
• Cabot Corporation
• Carboline
• Coolshield International Pty., LTD
• Delta T & Protective Products
• Excel Enterprise
• General Coatings Manufacturing Corp
• Jotun Group
• Kansai Paint CO., LTD.
• Lincoln Industries
• Mascoat
• Mathur Corr-Tech Pvt. LTD.
• Nippon Paint
• NPP Engineering
• PPG Industries
• Sharpshell Industrial Solutions
• SK Formulations
• SPI Coatings
• Synavax
• Temp-Coat LLC
• The Bayou Company, LLC
• The Sherwin-Williams Company

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