PUNE, India, June 23, 2016 /PRNewswire/ --
The report "Insulation Coatings Market by Type (Acrylics, Epoxy, Polyurethane, YSZ, Mullite, and Others), by End-Use Industry (Aerospace, Automotive & Transportation, Industrial, Marine, Buildings & Construction and Others), by Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) - Global Trends & Forecasts to 2021", published by MarketsandMarkets, The global market size is estimated to reach USD 8.29 Billion by 2021, at a CAGR of 7.9%.
Browse 157 market data Tables with 49 Figures spread through 197 Pages and in-depth TOC on "Insulation Coatings Market"
Early buyers will receive 10% customization on this report.
The market is driven by increasing demand for insulation coatings in emerging markets and high demand from aerospace & defense, automotive & transportation, industrial, and marine industries. Asia-Pacific is projected to witness s strong growth in the forecast period. Growth in this region can be attributed to high demand from emerging markets such as China and India.
Yttria-Stabilized Zirconia (YSZ): The Largest Market of insulation Coatings
Yttria-stabilized zirconia (YSZ) is estimated to be the largest market of insulation coatings in terms of value. YSZ based thermal insulation coatings are suitable for high-temperature and corrosion environments. These coatings are useful in gas turbine engines, diesel engines, and power generation systems and account. The thermal properties of these insulation coatings such as low thermal conductivity and thermal shock resistance and high thermal co-efficient are the key factors for the growth.
Marine Industry: The Fastest-growing End-use Industry for Insulation Coatings
The marine industry is the fastest-growing market in terms of value for insulation coatings. The growing marine industry and considerable rise in the use of insulation coatings due to increasing need for protection of PCBs that function in harsh chemical environments are the key factors, driving the market in this segment.
For More Info Make Inquiry @http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=26484290
Asia-Pacific: The Largest Market of Insulation Coatings
The Asia-Pacific region was the world's largest Insulation Coatings Market in terms of both volume and value in 2015. China is the key consumer of insulation coatings in Asia-Pacific. Various new product developments and growing end-use industries have in turn made the region a potential growth market for insulation coatings.
The key companies profiled in the insulation coatings market research report are The Dow Chemical Company (U.S.), Akzo Nobel N.V. (Netherlands), PPG Industries (U.S.), The Sherwin-Williams Company (U.S.), Kansai Paint (Japan), Jotun Group (Norway), Mascoat (U.S.), Carboline (U.S.), Nippon Paint (Japan), Sharpshell Industrial Solution (South Africa).
Browse Related Reports:
Epoxy Market by Type (Liquid, Solid & Solution), Application (Construction, Automotive & transportation, Electrical & electronics, General industrial, Wind, Marine, Aerospace, Consumer goods & Others), and Region - Global Forecasts to 2020
Coating Resins Market by Type (Acrylic, Alkyd, Vinyl, PU, Epoxy, Amino, UPR, SPR & Others), by Technology (Waterborne, Powder, High Solvents, High Solids, UV Cure), by Application (Architectural, Automotive, Wood, & Others) - Global Forecast to 2020
MarketsandMarkets is the world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets