© 2016 Global Market Insights. All Rights Reserved Thermal Insulation Coating Market 2017, Industry Analysis & Forecast by Thermal Insulation Coating Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, France, Spain, Italy, Russia, Poland, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, Qatar, Kuwait, UAE), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024

© 2016 Global Market Insights. All Rights Reserved Thermal Insulation Coating Market size is likely to witness significant gains due to increasing utilization of heat insulation solutions and demand for energy saving in marine, automotive, defence & aerospace, building & construction industries. Increasing number of commercial buildings, skyscrapers construction and development in manufacturing, automobile and marine sectors would further propel heat barrier coatings demand in these applications. Government initiatives and regulations to strengthen manufacturing industry and rising use of energy saving and eco-friendly products may boost thermal insulation coating market size in forecast timeframe. Thermal insulation coating has low conductivity and high co-efficient properties, which prevent reflect infrared lights and provides personnel protection. It reduces heat loss in various equipment, and improve their performance and minimizes the overall cost, thereby driving industry growth. Global Market Scenario of Thermal Insulation Coating

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© 2016 Global Market Insights. All Rights Reserved Product Analysis:- Strong application scope in automotive industry should drive thermal insulation coating market size. It helps to improve overall vehicles performance through reducing heat loss and energy consumption. They are used on rooftop to control inside the cabin temperature, thus increases HVAC efficiency, reduce pollution, and enhance fuel efficiency. Global automotive coatings market size was valued at over USD 5 billion in 2016 owing to increasing vehicle production in China, Brazil, India, and South Africa. Rise in disposable income along with increase in automotive refinish market demand owing to vehicle repair and maintenance will stimulate thermal insulation coating market size. Regional Trends:- North America led by Canada and the U.S. thermal insulation coating market size may witness a steady growth owing to rising construction industry. High demand from aviation and marine industries along with increasing environmental awareness will propel industry growth in the region. Asia Pacific led by Japan, India, South Korea and China thermal insulation coating market size may witness steady gains owing to increasing marine and aerospace industries. China is the largest automobiles producer on account of economic labor and affordable workface with various companies such as Audi, Nissan, Honda, Skoda, Fiat, and Toyota. Rising R&D spending along with increasing demand for industrial sector towards novel and improved products will boost industry growth.

© 2016 Global Market Insights. All Rights Reserved Competitive Trends: Global thermal insulation coating market share is competitive and fairly consolidated. Major companies include PPG Industries, Mascoat, AkzoNobel, Nippon Paint Holdings, Carboline Company and Sherwin-Williams Company. Most of the industry participants have integrated their distribution operations and raw material production to expand regional presence and enhance product portfolio. Companies are initiating R&D initiatives to develop new product in the competitive market, and promote thermal insulation coating market demand.

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