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Thermal Insulation Coating Market Present Scenario and Growth Prospects 2018-2025

Developments in manufacturing & industrial sector are projected to impact demand positively. Thermal insulation coatings lessen the heat loss in various equipment, thus improving their performance and reducing the overall maintenance cost.

The Global Thermal Insulation Coating Market is anticipated to reach USD 11.75 billion by 2025, according to a new report by Grand View Research, Inc.


Favorable government regulations and initiatives to strengthen the manufacturing industry, such as the provisions for subsidy, increasing foreign investments and trade promotion are projected to augment product demand over the forecast period.

Some of the initiatives are Belt and Road initiative in China, Make in India initiative by the Indian government, and Buy American Hire American initiative in the U.S, etc.

Increased demand for the products which are capable of working in high-temperatures in both cyclic and isothermal models is anticipated to foster usage in the manufacturing sector.

To Know More About Thermal Insulation Coating Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/thermal-insulation-coating-market

New product launches have enabled consumers to pick application specific product from a wide range of options. The widening of product distribution channels has also made these products readily available to the users, thus acting as a driving force for the growth of this market.

Top Players of Thermal Insulation Coating Market:

Key players include PPG Industries, Nippon Paint Holdings Co., Mascoat, AkzoNobel N.V., Carboline Company, Sherwin-Williams Company

Market Segmentation of Thermal Insulation Coating Market:

The Global Thermal Insulation Coating Market segmented on the basis of Product and Application.

By Product:

    Acrylic
    Epoxy
    Polyurethane
    Yttria Stabilized Zirconia (YSZ)
    Mullite

By Application:

    Building & Construction
    Automotive & Transportation
    Aerospace & Defense
    Manufacturing

Inquire about Thermal Insulation Coating Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4631
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