Thermal Insulation Coating Market to grow at a CAGR of 7.16% during 2017-2021: Akzo Nobel, Jotun, PPG Industries, The Dow Chemical Company, and The Sherwin-Williams Company

MarketResearchNest.com adds “Global Thermal Insulation Coating Market 2017-2021” new report to its research database. The report spread across 103 pages with table and figures in it.

Research analysts forecast the global thermal insulation coating market to grow at a CAGR of 7.16% during the period 2017-2021.

About Thermal Insulation Coating
Thermal insulation is a process to prevent the heat flow between objects. The thermal insulation coating is commonly available in solid, liquid, or semi-liquid forms, which helps prevent the heat flow between different objects. The coating significantly helps reduce the heat loss. Thermal insulation coating has high thermal co-efficiency and low conductivity, which help prevent the objects from ultraviolet (UV) and infrared lights. These coatings also provide personnel protection. R-value is used to measure the resistance to heat flow. Therefore, the higher the R-value, the higher the heat resistance. Thermal insulation is one of the most cost-effective ways to reduce the carbon footprint as less energy is required to limit the transmission of heat to the environment. Therefore, thermal insulated residential and non-residential buildings are less affected by changes in temperature.

Covered in this report
The report covers the present scenario and the growth prospects of the global thermal insulation coating market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

Browse full table of contents and data tables at
https://www.marketresearchnest.com/global-thermal-insulation-coating-market-2017-2021.html

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Thermal Insulation Coating Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Technavio recognizes the following companies as the key players in the global thermal insulation coating market: Akzo Nobel, Jotun, PPG Industries, The Dow Chemical Company, and The Sherwin-Williams Company

Other Prominent Vendors in the market are: Cabot, Carboline, Grand Polycoats, KANSAI PAINT, The Bayou Companies, Mascoat, Nippon Paint, Sharpshell Industrial Solutions, Superior Products International, Synavax, and Tenaris.

Commenting on the report, an analyst from Research team said: “The latest trend gaining momentum in the market is Increase in R&D activities. The ongoing R&D activities and investments in nanotechnology-based thermal insulation coatings will boost the global thermal insulation coating market during the forecast period. These coatings offer superior strength and thermal resistance. The high-performance thermal insulation coating with nano-sized internal architecture is expected to witness increased use in a variety of industrial applications to inhibit the transfer of heat. Innovations, technological breakthroughs, and studies are carried out for expanding the application of thermal insulation coatings and driving their demand”

Order a Purchase Report Copy at https://www.marketresearchnest.com/purchase.php?reportid=285053

According to the report, one of the major drivers for this market is Growing demand from manufacturing industries. The manufacturing industry is the largest end-user of thermal insulation coating due to the increasing need for ensuring energy efficiency and heat insulation for manufacturing tanks, pipes, vessels, and reactors.

Further, the report states that one of the major factors hindering the growth of this market is Volatile raw material prices. A majority of the raw materials used in the thermal insulation coating are supplied by oil and gas companies. Main raw materials for the producing thermal insulation coating are the downstream products of crude oil. Additives, binders, resins, and pigments are some of the common raw materials used to produce thermal insulation coating. Fluctuations in crude oil prices negatively affect the price of raw materials, thereby influencing the cost of thermal insulation coating.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;

Enquiry before Buying at
https://www.marketresearchnest.com/enquirybuy.php?reportid=285053

About us:
MarketResearchNest.com is the most comprehensive collection of market research products and services on the Web. We offer reports from almost all top publishers and update our collection on daily basis to provide you with instant online access to the world’s most complete and recent database of expert insights on industries, organizations, products, and trends.

Contact
Mr. Jeet Jain
Sales Manager
sales@marketresearchnest.com
+1-240-284-8070(U.S)
+44-20-3290-4151(U.K)
Connect with us: Google+ | LinkedIn | Twitter | Facebook

This release was published on openPR.