Global Insulation Coating Materials Market is Expected to Register a Healthy CAGR in the Forecast Period of 2019 to 2026

According to Data Bridge Market Research new Market report, global insulation coating materials market will account to an estimated USD 8.61 billion in 2018 growing at a CAGR of 7.73% during the forecast period of 2019 to 2026.

Global Insulation Coating Materials Market

Access Full Report at https://databridgemarketresearch.com/reports/global-insulation-coating-materials-market/

Global Insulation Coating Materials Market

Insulation coating materials are the materials/objects that are utilized in the insulation coating of various structures and surfaces. They are applied on various substrates to maintain the temperature of the contents of the structure at a constant and at the temperature they are stored in.

Segmentation: Global Insulation Coating Materials Market

Global insulation coating materials market is segmented on the basis of type, end-use industry and geography.

By Type (Acrylic, Epoxy, Polyurethane, YSZ, Mullite), End-Use Industry (Aerospace, Automotive, Marine, Industrial, Building & Construction) and Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)

FACTORS DRIVING GROWTH IN INSULATION COATING MATERIALS MARKET

Growth of oil refineries and associated industries

According to Enerdata, the global crude oil production from the oil refineries is on the rise as the global production of crude oil in 2015 was 4,330 metric tonnes, this number grew to 4,358 metric tonnes in 2016, and again this number grew to 4,364 metric tonnes by 2017. This growing production of crude oil from the oil refineries is an evidence of the growing development in the oil refineries, where the market for insulation coating materials is expected to be positively affected by this factor due to the benefits associated in the processes and operations of the oil refineries with its usage.

Global Insulation Coating Materials Market

Key Market Competitors: Global Insulation Coating Materials Market

Few of the major competitors currently working in the insulation coating materials market are Akzo Nobel N.V., Axalta Coatings Systems, Cabot Corporation, Carboline Company, Coolshield International Pty., Ltd, Delta T & Protective Products Inc., Excel Enterprise, General Coatings, Jotun, Kansai Paint Co., Ltd., Lincoln Industries, Mascoat,  Mathur Corr-Tech Pvt. Ltd., Nippon Paint Holdings Co., Ltd., NPP Engineering and Sharpshell Industrial Solutions.

Browse Related Reports:

Global Cryogenic Insulation Market By Type (PU & PIR, Cellular Glass, Polystyrene, Fiberglass, Perlite, Others), Cryogenic Equipment (Tanks, Valves, Vaporizer, Pump, Others), Form (Multi- Layer, Foam, Bulk- Fill), End- Use Industry (Energy & Power, Chemicals, Metallurgical, Electronics, Shipping, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

https://databridgemarketresearch.com/reports/global-cryogenic-insulation-market/

Global Subsea Thermal Insulation Materials Market By Type (Epoxy, Silicone Rubber, Polyurethane, Polypropylene, Aerogel, Others), Application (Equipment, Pipe Cover, Field Joints, Pipe-In-Pipe, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

https://databridgemarketresearch.com/reports/global-subsea-thermal-insulation-materials-market/

Global Tank Insulation Market By Material (Rockwool, Fiberglass, EPS, PU & PIR, Elastomeric Foam, Cellular Glass, Others), Type (Transportation Tank Insulation, Storage Tank Insulation), Temperature (Hot Insulation, Cold Insulation), End-Use Industry (Chemicals, Food & Beverage, Energy & Power, Oil & Gas, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

https://databridgemarketresearch.com/reports/global-tank-insulation-market/