Part 1
Part 2
Part 3
Part 4
Part 5
Description
The global Thermal Insulating Coating market size was US$ 2543 million in 2024 and is forecast to a readjusted size of US$ 3898 million by 2031 with a CAGR of 6.2% during the forecast period 2025-2031.
By 2025, the evolving U.S. tariff policy is poised to inject considerable uncertainty into the global economic landscape. This report delves into the latest U.S. tariff measures and the corresponding policy responses across the globe, evaluating their impacts on Thermal Insulating Coating market competitiveness, regional economic performance, and supply chain configurations.
Thermal Insulating Coating Market Size(US$)
M= millions and B=billions
Thermal insulating coatings are specialized materials designed to reduce heat transfer and enhance energy efficiency by creating a protective barrier on surfaces. These coatings are typically formulated using polymers, ceramics, or composite materials that possess low thermal conductivity, thereby minimizing conduction, convection, and radiation of heat. Widely applied in industries such as construction, automotive, aerospace, and industrial manufacturing, thermal insulating coatings help maintain temperature stability, protect structural components from thermal degradation, and reduce energy consumption. Additionally, many of these coatings offer supplementary benefits like corrosion resistance and durability, making them a crucial element in modern thermal management solutions.
Global Thermal Insulating Coating key players include PPG Industries, Akzon Nobel, Sherwin-Williams, Nipponpaint, ZSWH, etc. Global top five manufacturers hold a share over 20%. North America is the largest market, with a share over 25%, followed by China, and Europe, both have a share over 40 percent. In terms of product, Temperature resistance Less Than 200℃ is the largest segment, with a share over 65%. And in terms of application, the largest application is Architecture, followed by Aviation, etc.
The global Thermal Insulating Coating market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
Report Metric
Details
Report Title
Global Thermal Insulating Coating Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Forecasted Market Size in 2031
US$ 3898 million
CAGR(2025-2031)
6.2%
Market Size Available for Years
2025-2031
Global Thermal Insulating Coating Companies Covered
PPG Industries
Akzon Nobel
Sherwin-Williams
Nippon Paint
Okitsumo
Tnemec
Mascoat
Carboline
Temp-Coat
SPI Coatings
Impact Nanotek
C-COAT
Bayou Companies
Ugam Chemicals
Beijing Zhishengweihua
Beijing Ronglihengye
Beijing Zema
Mig (Zhejiang) Innovation Technology
Zhejiang Tuwang New Material
Global Thermal Insulating Coating Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Thermal Insulating Coating Market, Segment by Type
Acrylic-Based Coating
Epoxy-Based Coating
Ceramic-Based Coating
Silicone-Based Coating
Reflective or Cool Roof Coating
Others
Global Thermal Insulating Coating Market, Segment by Application
Building & Construction
Industrial
Electricity
Aerospace
Others
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Thermal Insulating Coating market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Epoxy-Based Coating in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Industrial in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Thermal Insulating Coating value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
Table of Contents
1 Market Overview
1.1 Thermal Insulating Coating Product Scope
1.2 Thermal Insulating Coating by Type
1.2.1 Global Thermal Insulating Coating Sales by Type (2020 & 2024 & 2031)
1.2.2 Acrylic-Based Coating
1.2.3 Epoxy-Based Coating
1.2.4 Ceramic-Based Coating
1.2.5 Silicone-Based Coating
1.2.6 Reflective or Cool Roof Coating
1.2.7 Others
1.3 Thermal Insulating Coating by Application
1.3.1 Global Thermal Insulating Coating Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Building & Construction
1.3.3 Industrial
1.3.4 Electricity
1.3.5 Aerospace
1.3.6 Others
1.4 Global Thermal Insulating Coating Market Estimates and Forecasts (2020-2031)
1.4.1 Global Thermal Insulating Coating Market Size in Value Growth Rate (2020-2031)
1.4.2 Global Thermal Insulating Coating Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global Thermal Insulating Coating Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global Thermal Insulating Coating Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global Thermal Insulating Coating Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global Thermal Insulating Coating Sales Market Share by Region (2020-2025)
2.2.2 Global Thermal Insulating Coating Revenue Market Share by Region (2020-2025)
2.3 Global Thermal Insulating Coating Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global Thermal Insulating Coating Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global Thermal Insulating Coating Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America Thermal Insulating Coating Market Size and Prospective (2020-2031)
2.4.2 Europe Thermal Insulating Coating Market Size and Prospective (2020-2031)
2.4.3 China Thermal Insulating Coating Market Size and Prospective (2020-2031)
2.4.4 Southeast Asia Thermal Insulating Coating Market Size and Prospective (2020-2031)
2.4.5 South Korea Thermal Insulating Coating Market Size and Prospective (2020-2031)
2.4.6 Japan Thermal Insulating Coating Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global Thermal Insulating Coating Historic Market Review by Type (2020-2025)
3.1.1 Global Thermal Insulating Coating Sales by Type (2020-2025)
3.1.2 Global Thermal Insulating Coating Revenue by Type (2020-2025)
3.1.3 Global Thermal Insulating Coating Price by Type (2020-2025)
3.2 Global Thermal Insulating Coating Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global Thermal Insulating Coating Sales Forecast by Type (2026-2031)
3.2.2 Global Thermal Insulating Coating Revenue Forecast by Type (2026-2031)
3.2.3 Global Thermal Insulating Coating Price Forecast by Type (2026-2031)
3.3 Different Types Thermal Insulating Coating Representative Players
4 Global Market Size by Application
4.1 Global Thermal Insulating Coating Historic Market Review by Application (2020-2025)
4.1.1 Global Thermal Insulating Coating Sales by Application (2020-2025)
4.1.2 Global Thermal Insulating Coating Revenue by Application (2020-2025)
4.1.3 Global Thermal Insulating Coating Price by Application (2020-2025)
4.2 Global Thermal Insulating Coating Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global Thermal Insulating Coating Sales Forecast by Application (2026-2031)
4.2.2 Global Thermal Insulating Coating Revenue Forecast by Application (2026-2031)
4.2.3 Global Thermal Insulating Coating Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in Thermal Insulating Coating Application
5 Competition Landscape by Players
5.1 Global Thermal Insulating Coating Sales by Players (2020-2025)
5.2 Global Top Thermal Insulating Coating Players by Revenue (2020-2025)
5.3 Global Thermal Insulating Coating Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Thermal Insulating Coating as of 2024)
5.4 Global Thermal Insulating Coating Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of Thermal Insulating Coating, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Thermal Insulating Coating, Product Type & Application
5.7 Global Key Manufacturers of Thermal Insulating Coating, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America Thermal Insulating Coating Sales by Company
6.1.1.1 North America Thermal Insulating Coating Sales by Company (2020-2025)
6.1.1.2 North America Thermal Insulating Coating Revenue by Company (2020-2025)
6.1.2 North America Thermal Insulating Coating Sales Breakdown by Type (2020-2025)
6.1.3 North America Thermal Insulating Coating Sales Breakdown by Application (2020-2025)
6.1.4 North America Thermal Insulating Coating Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe Thermal Insulating Coating Sales by Company
6.2.1.1 Europe Thermal Insulating Coating Sales by Company (2020-2025)
6.2.1.2 Europe Thermal Insulating Coating Revenue by Company (2020-2025)
6.2.2 Europe Thermal Insulating Coating Sales Breakdown by Type (2020-2025)
6.2.3 Europe Thermal Insulating Coating Sales Breakdown by Application (2020-2025)
6.2.4 Europe Thermal Insulating Coating Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China Thermal Insulating Coating Sales by Company
6.3.1.1 China Thermal Insulating Coating Sales by Company (2020-2025)
6.3.1.2 China Thermal Insulating Coating Revenue by Company (2020-2025)
6.3.2 China Thermal Insulating Coating Sales Breakdown by Type (2020-2025)
6.3.3 China Thermal Insulating Coating Sales Breakdown by Application (2020-2025)
6.3.4 China Thermal Insulating Coating Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Southeast Asia Market: Players, Segments, Downstream and Major Customers
6.4.1 Southeast Asia Thermal Insulating Coating Sales by Company
6.4.1.1 Southeast Asia Thermal Insulating Coating Sales by Company (2020-2025)
6.4.1.2 Southeast Asia Thermal Insulating Coating Revenue by Company (2020-2025)
6.4.2 Southeast Asia Thermal Insulating Coating Sales Breakdown by Type (2020-2025)
6.4.3 Southeast Asia Thermal Insulating Coating Sales Breakdown by Application (2020-2025)
6.4.4 Southeast Asia Thermal Insulating Coating Major Customer
6.4.5 Southeast Asia Market Trend and Opportunities
6.5 South Korea Market: Players, Segments, Downstream and Major Customers
6.5.1 South Korea Thermal Insulating Coating Sales by Company
6.5.1.1 South Korea Thermal Insulating Coating Sales by Company (2020-2025)
6.5.1.2 South Korea Thermal Insulating Coating Revenue by Company (2020-2025)
6.5.2 South Korea Thermal Insulating Coating Sales Breakdown by Type (2020-2025)
6.5.3 South Korea Thermal Insulating Coating Sales Breakdown by Application (2020-2025)
6.5.4 South Korea Thermal Insulating Coating Major Customer
6.5.5 South Korea Market Trend and Opportunities
6.6 Japan Market: Players, Segments, Downstream and Major Customers
6.6.1 Japan Thermal Insulating Coating Sales by Company
6.6.1.1 Japan Thermal Insulating Coating Sales by Company (2020-2025)
6.6.1.2 Japan Thermal Insulating Coating Revenue by Company (2020-2025)
6.6.2 Japan Thermal Insulating Coating Sales Breakdown by Type (2020-2025)
6.6.3 Japan Thermal Insulating Coating Sales Breakdown by Application (2020-2025)
6.6.4 Japan Thermal Insulating Coating Major Customer
6.6.5 Japan Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 PPG Industries
7.1.1 PPG Industries Company Information
7.1.2 PPG Industries Business Overview
7.1.3 PPG Industries Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.1.4 PPG Industries Thermal Insulating Coating Products Offered
7.1.5 PPG Industries Recent Development
7.2 Akzon Nobel
7.2.1 Akzon Nobel Company Information
7.2.2 Akzon Nobel Business Overview
7.2.3 Akzon Nobel Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.2.4 Akzon Nobel Thermal Insulating Coating Products Offered
7.2.5 Akzon Nobel Recent Development
7.3 Sherwin-Williams
7.3.1 Sherwin-Williams Company Information
7.3.2 Sherwin-Williams Business Overview
7.3.3 Sherwin-Williams Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Sherwin-Williams Thermal Insulating Coating Products Offered
7.3.5 Sherwin-Williams Recent Development
7.4 Nippon Paint
7.4.1 Nippon Paint Company Information
7.4.2 Nippon Paint Business Overview
7.4.3 Nippon Paint Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Nippon Paint Thermal Insulating Coating Products Offered
7.4.5 Nippon Paint Recent Development
7.5 Okitsumo
7.5.1 Okitsumo Company Information
7.5.2 Okitsumo Business Overview
7.5.3 Okitsumo Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Okitsumo Thermal Insulating Coating Products Offered
7.5.5 Okitsumo Recent Development
7.6 Tnemec
7.6.1 Tnemec Company Information
7.6.2 Tnemec Business Overview
7.6.3 Tnemec Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.6.4 Tnemec Thermal Insulating Coating Products Offered
7.6.5 Tnemec Recent Development
7.7 Mascoat
7.7.1 Mascoat Company Information
7.7.2 Mascoat Business Overview
7.7.3 Mascoat Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Mascoat Thermal Insulating Coating Products Offered
7.7.5 Mascoat Recent Development
7.8 Carboline
7.8.1 Carboline Company Information
7.8.2 Carboline Business Overview
7.8.3 Carboline Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Carboline Thermal Insulating Coating Products Offered
7.8.5 Carboline Recent Development
7.9 Temp-Coat
7.9.1 Temp-Coat Company Information
7.9.2 Temp-Coat Business Overview
7.9.3 Temp-Coat Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.9.4 Temp-Coat Thermal Insulating Coating Products Offered
7.9.5 Temp-Coat Recent Development
7.10 SPI Coatings
7.10.1 SPI Coatings Company Information
7.10.2 SPI Coatings Business Overview
7.10.3 SPI Coatings Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.10.4 SPI Coatings Thermal Insulating Coating Products Offered
7.10.5 SPI Coatings Recent Development
7.11 Impact Nanotek
7.11.1 Impact Nanotek Company Information
7.11.2 Impact Nanotek Business Overview
7.11.3 Impact Nanotek Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.11.4 Impact Nanotek Thermal Insulating Coating Products Offered
7.11.5 Impact Nanotek Recent Development
7.12 C-COAT
7.12.1 C-COAT Company Information
7.12.2 C-COAT Business Overview
7.12.3 C-COAT Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.12.4 C-COAT Thermal Insulating Coating Products Offered
7.12.5 C-COAT Recent Development
7.13 Bayou Companies
7.13.1 Bayou Companies Company Information
7.13.2 Bayou Companies Business Overview
7.13.3 Bayou Companies Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.13.4 Bayou Companies Thermal Insulating Coating Products Offered
7.13.5 Bayou Companies Recent Development
7.14 Ugam Chemicals
7.14.1 Ugam Chemicals Company Information
7.14.2 Ugam Chemicals Business Overview
7.14.3 Ugam Chemicals Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.14.4 Ugam Chemicals Thermal Insulating Coating Products Offered
7.14.5 Ugam Chemicals Recent Development
7.15 Beijing Zhishengweihua
7.15.1 Beijing Zhishengweihua Company Information
7.15.2 Beijing Zhishengweihua Business Overview
7.15.3 Beijing Zhishengweihua Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.15.4 Beijing Zhishengweihua Thermal Insulating Coating Products Offered
7.15.5 Beijing Zhishengweihua Recent Development
7.16 Beijing Ronglihengye
7.16.1 Beijing Ronglihengye Company Information
7.16.2 Beijing Ronglihengye Business Overview
7.16.3 Beijing Ronglihengye Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.16.4 Beijing Ronglihengye Thermal Insulating Coating Products Offered
7.16.5 Beijing Ronglihengye Recent Development
7.17 Beijing Zema
7.17.1 Beijing Zema Company Information
7.17.2 Beijing Zema Business Overview
7.17.3 Beijing Zema Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.17.4 Beijing Zema Thermal Insulating Coating Products Offered
7.17.5 Beijing Zema Recent Development
7.18 Mig (Zhejiang) Innovation Technology
7.18.1 Mig (Zhejiang) Innovation Technology Company Information
7.18.2 Mig (Zhejiang) Innovation Technology Business Overview
7.18.3 Mig (Zhejiang) Innovation Technology Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.18.4 Mig (Zhejiang) Innovation Technology Thermal Insulating Coating Products Offered
7.18.5 Mig (Zhejiang) Innovation Technology Recent Development
7.19 Zhejiang Tuwang New Material
7.19.1 Zhejiang Tuwang New Material Company Information
7.19.2 Zhejiang Tuwang New Material Business Overview
7.19.3 Zhejiang Tuwang New Material Thermal Insulating Coating Sales, Revenue and Gross Margin (2020-2025)
7.19.4 Zhejiang Tuwang New Material Thermal Insulating Coating Products Offered
7.19.5 Zhejiang Tuwang New Material Recent Development
8 Thermal Insulating Coating Manufacturing Cost Analysis
8.1 Thermal Insulating Coating Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Thermal Insulating Coating
8.4 Thermal Insulating Coating Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Thermal Insulating Coating Distributors List
9.3 Thermal Insulating Coating Customers
10 Thermal Insulating Coating Market Dynamics
10.1 Thermal Insulating Coating Industry Trends
10.2 Thermal Insulating Coating Market Drivers
10.3 Thermal Insulating Coating Market Challenges
10.4 Thermal Insulating Coating Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
Table of Figures
List of Tables
Table 1. Global Thermal Insulating Coating Sales (US$ Million) Growth Rate by Type (2020 & 2024 & 2031)
Table 2. Global Thermal Insulating Coating Sales (US$ Million) Comparison by Application (2020 & 2024 & 2031)
Table 3. Global Market Thermal Insulating Coating Market Size (US$ Million) by Region:2020 VS 2024 VS 2031
Table 4. Global Thermal Insulating Coating Sales (Kilotons) by Region (2020-2025)
Table 5. Global Thermal Insulating Coating Sales Market Share by Region (2020-2025)
Table 6. Global Thermal Insulating Coating Revenue (US$ Million) Market Share by Region (2020-2025)
Table 7. Global Thermal Insulating Coating Revenue Share by Region (2020-2025)
Table 8. Global Thermal Insulating Coating Sales (Kilotons) Forecast by Region (2026-2031)
Table 9. Global Thermal Insulating Coating Sales Market Share Forecast by Region (2026-2031)
Table 10. Global Thermal Insulating Coating Revenue (US$ Million) Forecast by Region (2026-2031)
Table 11. Global Thermal Insulating Coating Revenue Share Forecast by Region (2026-2031)
Table 12. Global Thermal Insulating Coating Sales by Type (Kilotons) & (2020-2025)
Table 13. Global Thermal Insulating Coating Sales Share by Type (2020-2025)
Table 14. Global Thermal Insulating Coating Revenue by Type (US$ Million) & (2020-2025)
Table 15. Global Thermal Insulating Coating Price by Type (US$/Ton) & (2020-2025)
Table 16. Global Thermal Insulating Coating Sales by Type (Kilotons) & (2026-2031)
Table 17. Global Thermal Insulating Coating Revenue by Type (US$ Million) & (2026-2031)
Table 18. Global Thermal Insulating Coating Price by Type (US$/Ton) & (2026-2031)
Table 19. Representative Players of Each Type
Table 20. Global Thermal Insulating Coating Sales by Application (Kilotons) & (2020-2025)
Table 21. Global Thermal Insulating Coating Sales Share by Application (2020-2025)
Table 22. Global Thermal Insulating Coating Revenue by Application (US$ Million) & (2020-2025)
Table 23. Global Thermal Insulating Coating Price by Application (US$/Ton) & (2020-2025)
Table 24. Global Thermal Insulating Coating Sales by Application (Kilotons) & (2026-2031)
Table 25. Global Thermal Insulating Coating Revenue Market Share by Application (US$ Million) & (2026-2031)
Table 26. Global Thermal Insulating Coating Price by Application (US$/Ton) & (2026-2031)
Table 27. New Sources of Growth in Thermal Insulating Coating Application
Table 28. Global Thermal Insulating Coating Sales by Company (Kilotons) & (2020-2025)
Table 29. Global Thermal Insulating Coating Sales Share by Company (2020-2025)
Table 30. Global Thermal Insulating Coating Revenue by Company (US$ Million) & (2020-2025)
Table 31. Global Thermal Insulating Coating Revenue Share by Company (2020-2025)
Table 32. Global Thermal Insulating Coating by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Thermal Insulating Coating as of 2024)
Table 33. Global Market Thermal Insulating Coating Average Price by Company (US$/Ton) & (2020-2025)
Table 34. Global Key Manufacturers of Thermal Insulating Coating, Manufacturing Sites & Headquarters
Table 35. Global Key Manufacturers of Thermal Insulating Coating, Product Type & Application
Table 36. Global Key Manufacturers of Thermal Insulating Coating, Date of Enter into This Industry
Table 37. Manufacturers Mergers & Acquisitions, Expansion Plans
Table 38. North America Thermal Insulating Coating Sales by Company (2020-2025) & (Kilotons)
Table 39. North America Thermal Insulating Coating Sales Market Share by Company (2020-2025)
Table 40. North America Thermal Insulating Coating Revenue by Company (2020-2025) & (US$ Million)
Table 41. North America Thermal Insulating Coating Revenue Market Share by Company (2020-2025)
Table 42. North America Thermal Insulating Coating Sales by Type (2020-2025) & (Kilotons)
Table 43. North America Thermal Insulating Coating Sales Market Share by Type (2020-2025)
Table 44. North America Thermal Insulating Coating Sales by Application (2020-2025) & (Kilotons)
Table 45. North America Thermal Insulating Coating Sales Market Share by Application (2020-2025)
Table 46. Europe Thermal Insulating Coating Sales by Company (2020-2025) & (Kilotons)
Table 47. Europe Thermal Insulating Coating Sales Market Share by Company (2020-2025)
Table 48. Europe Thermal Insulating Coating Revenue by Company (2020-2025) & (US$ Million)
Table 49. Europe Thermal Insulating Coating Revenue Market Share by Company (2020-2025)
Table 50. Europe Thermal Insulating Coating Sales by Type (2020-2025) & (Kilotons)
Table 51. Europe Thermal Insulating Coating Sales Market Share by Type (2020-2025)
Table 52. Europe Thermal Insulating Coating Sales by Application (2020-2025) & (Kilotons)
Table 53. Europe Thermal Insulating Coating Sales Market Share by Application (2020-2025)
Table 54. China Thermal Insulating Coating Sales by Company (2020-2025) & (Kilotons)
Table 55. China Thermal Insulating Coating Sales Market Share by Company (2020-2025)
Table 56. China Thermal Insulating Coating Revenue by Company (2020-2025) & (US$ Million)
Table 57. China Thermal Insulating Coating Revenue Market Share by Company (2020-2025)
Table 58. China Thermal Insulating Coating Sales by Type (2020-2025) & (Kilotons)
Table 59. China Thermal Insulating Coating Sales Market Share by Type (2020-2025)
Table 60. China Thermal Insulating Coating Sales by Application (2020-2025) & (Kilotons)
Table 61. China Thermal Insulating Coating Sales Market Share by Application (2020-2025)
Table 62. Southeast Asia Thermal Insulating Coating Sales by Company (2020-2025) & (Kilotons)
Table 63. Southeast Asia Thermal Insulating Coating Sales Market Share by Company (2020-2025)
Table 64. Southeast Asia Thermal Insulating Coating Revenue by Company (2020-2025) & (US$ Million)
Table 65. Southeast Asia Thermal Insulating Coating Revenue Market Share by Company (2020-2025)
Table 66. Southeast Asia Thermal Insulating Coating Sales by Type (2020-2025) & (Kilotons)
Table 67. Southeast Asia Thermal Insulating Coating Sales Market Share by Type (2020-2025)
Table 68. Southeast Asia Thermal Insulating Coating Sales by Application (2020-2025) & (Kilotons)
Table 69. Southeast Asia Thermal Insulating Coating Sales Market Share by Application (2020-2025)
Table 70. South Korea Thermal Insulating Coating Sales by Company (2020-2025) & (Kilotons)
Table 71. South Korea Thermal Insulating Coating Sales Market Share by Company (2020-2025)
Table 72. South Korea Thermal Insulating Coating Revenue by Company (2020-2025) & (US$ Million)
Table 73. South Korea Thermal Insulating Coating Revenue Market Share by Company (2020-2025)
Table 74. South Korea Thermal Insulating Coating Sales by Type (2020-2025) & (Kilotons)
Table 75. South Korea Thermal Insulating Coating Sales Market Share by Type (2020-2025)
Table 76. South Korea Thermal Insulating Coating Sales by Application (2020-2025) & (Kilotons)
Table 77. South Korea Thermal Insulating Coating Sales Market Share by Application (2020-2025)
Table 78. Japan Thermal Insulating Coating Sales by Company (2020-2025) & (Kilotons)
Table 79. Japan Thermal Insulating Coating Sales Market Share by Company (2020-2025)
Table 80. Japan Thermal Insulating Coating Revenue by Company (2020-2025) & (US$ Million)
Table 81. Japan Thermal Insulating Coating Revenue Market Share by Company (2020-2025)
Table 82. Japan Thermal Insulating Coating Sales by Type (2020-2025) & (Kilotons)
Table 83. Japan Thermal Insulating Coating Sales Market Share by Type (2020-2025)
Table 84. Japan Thermal Insulating Coating Sales by Application (2020-2025) & (Kilotons)
Table 85. Japan Thermal Insulating Coating Sales Market Share by Application (2020-2025)
Table 86. PPG Industries Company Information
Table 87. PPG Industries Description and Business Overview
Table 88. PPG Industries Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 89. PPG Industries Thermal Insulating Coating Product
Table 90. PPG Industries Recent Development
Table 91. Akzon Nobel Company Information
Table 92. Akzon Nobel Description and Business Overview
Table 93. Akzon Nobel Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 94. Akzon Nobel Thermal Insulating Coating Product
Table 95. Akzon Nobel Recent Development
Table 96. Sherwin-Williams Company Information
Table 97. Sherwin-Williams Description and Business Overview
Table 98. Sherwin-Williams Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 99. Sherwin-Williams Thermal Insulating Coating Product
Table 100. Sherwin-Williams Recent Development
Table 101. Nippon Paint Company Information
Table 102. Nippon Paint Description and Business Overview
Table 103. Nippon Paint Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 104. Nippon Paint Thermal Insulating Coating Product
Table 105. Nippon Paint Recent Development
Table 106. Okitsumo Company Information
Table 107. Okitsumo Description and Business Overview
Table 108. Okitsumo Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 109. Okitsumo Thermal Insulating Coating Product
Table 110. Okitsumo Recent Development
Table 111. Tnemec Company Information
Table 112. Tnemec Description and Business Overview
Table 113. Tnemec Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 114. Tnemec Thermal Insulating Coating Product
Table 115. Tnemec Recent Development
Table 116. Mascoat Company Information
Table 117. Mascoat Description and Business Overview
Table 118. Mascoat Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 119. Mascoat Thermal Insulating Coating Product
Table 120. Mascoat Recent Development
Table 121. Carboline Company Information
Table 122. Carboline Description and Business Overview
Table 123. Carboline Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 124. Carboline Thermal Insulating Coating Product
Table 125. Carboline Recent Development
Table 126. Temp-Coat Company Information
Table 127. Temp-Coat Description and Business Overview
Table 128. Temp-Coat Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 129. Temp-Coat Thermal Insulating Coating Product
Table 130. Temp-Coat Recent Development
Table 131. SPI Coatings Company Information
Table 132. SPI Coatings Description and Business Overview
Table 133. SPI Coatings Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 134. SPI Coatings Thermal Insulating Coating Product
Table 135. SPI Coatings Recent Development
Table 136. Impact Nanotek Company Information
Table 137. Impact Nanotek Description and Business Overview
Table 138. Impact Nanotek Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 139. Impact Nanotek Thermal Insulating Coating Product
Table 140. Impact Nanotek Recent Development
Table 141. C-COAT Company Information
Table 142. C-COAT Description and Business Overview
Table 143. C-COAT Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 144. C-COAT Thermal Insulating Coating Product
Table 145. C-COAT Recent Development
Table 146. Bayou Companies Company Information
Table 147. Bayou Companies Description and Business Overview
Table 148. Bayou Companies Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 149. Bayou Companies Thermal Insulating Coating Product
Table 150. Bayou Companies Recent Development
Table 151. Ugam Chemicals Company Information
Table 152. Ugam Chemicals Description and Business Overview
Table 153. Ugam Chemicals Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 154. Ugam Chemicals Thermal Insulating Coating Product
Table 155. Ugam Chemicals Recent Development
Table 156. Beijing Zhishengweihua Company Information
Table 157. Beijing Zhishengweihua Description and Business Overview
Table 158. Beijing Zhishengweihua Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 159. Beijing Zhishengweihua Thermal Insulating Coating Product
Table 160. Beijing Zhishengweihua Recent Development
Table 161. Beijing Ronglihengye Company Information
Table 162. Beijing Ronglihengye Description and Business Overview
Table 163. Beijing Ronglihengye Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 164. Beijing Ronglihengye Thermal Insulating Coating Product
Table 165. Beijing Ronglihengye Recent Development
Table 166. Beijing Zema Company Information
Table 167. Beijing Zema Description and Business Overview
Table 168. Beijing Zema Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 169. Beijing Zema Thermal Insulating Coating Product
Table 170. Beijing Zema Recent Development
Table 171. Mig (Zhejiang) Innovation Technology Company Information
Table 172. Mig (Zhejiang) Innovation Technology Description and Business Overview
Table 173. Mig (Zhejiang) Innovation Technology Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 174. Mig (Zhejiang) Innovation Technology Thermal Insulating Coating Product
Table 175. Mig (Zhejiang) Innovation Technology Recent Development
Table 176. Zhejiang Tuwang New Material Company Information
Table 177. Zhejiang Tuwang New Material Description and Business Overview
Table 178. Zhejiang Tuwang New Material Thermal Insulating Coating Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
Table 179. Zhejiang Tuwang New Material Thermal Insulating Coating Product
Table 180. Zhejiang Tuwang New Material Recent Development
Table 181. Production Base and Market Concentration Rate of Raw Material
Table 182. Key Suppliers of Raw Materials
Table 183. Thermal Insulating Coating Distributors List
Table 184. Thermal Insulating Coating Customers List
Table 185. Thermal Insulating Coating Market Trends
Table 186. Thermal Insulating Coating Market Drivers
Table 187. Thermal Insulating Coating Market Challenges
Table 188. Thermal Insulating Coating Market Restraints
Table 189. Research Programs/Design for This Report
Table 190. Key Data Information from Secondary Sources
Table 191. Key Data Information from Primary Sources
List of Figures
Figure 1. Thermal Insulating Coating Product Picture
Figure 2. Global Thermal Insulating Coating Sales (US$ Million) by Type (2020 & 2024 & 2031)
Figure 3. Global Thermal Insulating Coating Sales Market Share by Type in 2024 & 2031
Figure 4. Acrylic-Based Coating Product Picture
Figure 5. Epoxy-Based Coating Product Picture
Figure 6. Ceramic-Based Coating Product Picture
Figure 7. Silicone-Based Coating Product Picture
Figure 8. Reflective or Cool Roof Coating Product Picture
Figure 9. Others Product Picture
Figure 10. Global Thermal Insulating Coating Sales (US$ Million) by Application (2020 & 2024 & 2031)
Figure 11. Global Thermal Insulating Coating Sales Market Share by Application in 2024 & 2031
Figure 12. Building & Construction Examples
Figure 13. Industrial Examples
Figure 14. Electricity Examples
Figure 15. Aerospace Examples
Figure 16. Others Examples
Figure 17. Global Thermal Insulating Coating Sales, (US$ Million), 2020 VS 2024 VS 2031
Figure 18. Global Thermal Insulating Coating Sales Growth Rate (2020-2031) & (US$ Million)
Figure 19. Global Thermal Insulating Coating Sales (Kilotons) Growth Rate (2020-2031)
Figure 20. Global Thermal Insulating Coating Price Trends Growth Rate (2020-2031) & (US$/Ton)
Figure 21. Thermal Insulating Coating Report Years Considered
Figure 22. Global Market Thermal Insulating Coating Market Size (US$ Million) by Region:2020 VS 2024 VS 2031
Figure 23. Global Thermal Insulating Coating Revenue Market Share by Region: 2020 VS 2024
Figure 24. North America Thermal Insulating Coating Revenue (US$ Million) Growth Rate (2020-2031)
Figure 25. North America Thermal Insulating Coating Sales (Kilotons) Growth Rate (2020-2031)
Figure 26. Europe Thermal Insulating Coating Revenue (US$ Million) Growth Rate (2020-2031)
Figure 27. Europe Thermal Insulating Coating Sales (Kilotons) Growth Rate (2020-2031)
Figure 28. China Thermal Insulating Coating Revenue (US$ Million) Growth Rate (2020-2031)
Figure 29. China Thermal Insulating Coating Sales (Kilotons) Growth Rate (2020-2031)
Figure 30. Southeast Asia Thermal Insulating Coating Revenue (US$ Million) Growth Rate (2020-2031)
Figure 31. Southeast Asia Thermal Insulating Coating Sales (Kilotons) Growth Rate (2020-2031)
Figure 32. South Korea Thermal Insulating Coating Revenue (US$ Million) Growth Rate (2020-2031)
Figure 33. South Korea Thermal Insulating Coating Sales (Kilotons) Growth Rate (2020-2031)
Figure 34. Japan Thermal Insulating Coating Revenue (US$ Million) Growth Rate (2020-2031)
Figure 35. Japan Thermal Insulating Coating Sales (Kilotons) Growth Rate (2020-2031)
Figure 36. Global Thermal Insulating Coating Revenue Share by Type (2020-2025)
Figure 37. Global Thermal Insulating Coating Sales Share by Type (2026-2031)
Figure 38. Global Thermal Insulating Coating Revenue Share by Type (2026-2031)
Figure 39. Global Thermal Insulating Coating Revenue Share by Application (2020-2025)
Figure 40. Global Thermal Insulating Coating Revenue Growth Rate by Application in 2020 & 2024
Figure 41. Global Thermal Insulating Coating Sales Share by Application (2026-2031)
Figure 42. Global Thermal Insulating Coating Revenue Share by Application (2026-2031)
Figure 43. Global Thermal Insulating Coating Sales Share by Company (2024)
Figure 44. Global Thermal Insulating Coating Revenue Share by Company (2024)
Figure 45. Global 5 Largest Thermal Insulating Coating Players Market Share by Revenue in Thermal Insulating Coating: 2020 & 2024
Figure 46. Thermal Insulating Coating Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 47. Manufacturing Cost Structure of Thermal Insulating Coating
Figure 48. Manufacturing Process Analysis of Thermal Insulating Coating
Figure 49. Thermal Insulating Coating Industrial Chain
Figure 50. Channels of Distribution (Direct Vs Distribution)
Figure 51. Distributors Profiles
Figure 52. Bottom-up and Top-down Approaches for This Report
Figure 53. Data Triangulation
Figure 54. Key Executives Interviewed
Description
The global Thermal Insulating Coating market size was US$ 2543 million in 2024 and is forecast to a readjusted size of US$ 3898 million by 2031 with a CAGR of 6.2% during the forecast period 2025-2031.
By 2025, the evolving U.S. tariff policy is poised to inject considerable uncertainty into the global economic landscape. This report delves into the latest U.S. tariff measures and the corresponding policy responses across the globe, evaluating their impacts on Thermal Insulating Coating market competitiveness, regional economic performance, and supply chain configurations.
Thermal insulating coatings are specialized materials designed to reduce heat transfer and enhance energy efficiency by creating a protective barrier on surfaces. These coatings are typically formulated using polymers, ceramics, or composite materials that possess low thermal conductivity, thereby minimizing conduction, convection, and radiation of heat. Widely applied in industries such as construction, automotive, aerospace, and industrial manufacturing, thermal insulating coatings help maintain temperature stability, protect structural components from thermal degradation, and reduce energy consumption. Additionally, many of these coatings offer supplementary benefits like corrosion resistance and durability, making them a crucial element in modern thermal management solutions.
Global Thermal Insulating Coating key players include PPG Industries, Akzon Nobel, Sherwin-Williams, Nipponpaint, ZSWH, etc. Global top five manufacturers hold a share over 20%. North America is the largest market, with a share over 25%, followed by China, and Europe, both have a share over 40 percent. In terms of product, Temperature resistance Less Than 200℃ is the largest segment, with a share over 65%. And in terms of application, the largest application is Architecture, followed by Aviation, etc.
The global Thermal Insulating Coating market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Thermal Insulating Coating market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Epoxy-Based Coating in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Industrial in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Thermal Insulating Coating value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
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The global Thermal Insulating Coating market size is expected to reach US$ 3148 million by 2029, growing at a CAGR of 5.4% from 2023 to 2029. The market is mainly driven by the significant applications of Thermal Insulating Coating in various end use industries. The expanding demands from the Architecture, Textile, Chemical Industry and Electricity, are propelling Thermal Insulating Coating market. Temperature Resistance Less Than 200℃, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Temperature Resistance:200-600℃ segment is estimated at % CAGR for the next seven-year period.
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The global market for Thermal Insulating Coating was valued at US$ 2543 million in the year 2024 and is projected to reach a revised size of US$ 3898 million by 2031, growing at a CAGR of 6.2% during the forecast period.
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