The global heat insulation coating market was valued at US$5838 Million in 2016 and is projected to reach US$8506 Million by 2021, expanding at a CAGR of 6.4%.
The heat insulation coating industry concentration is very high; there are about 50 manufacturers in the world, and high-end products mainly from North America and European
The key production markets locate at developed countries. Asia takes the production market share of 32.43%, North America takes the production market share of 37.62%, Europe takes the production market share of 20.03%, other parts takes the production market share of 9.92%.
The key consumption markets locate at developing countries. Asia takes the market share of 46.69%, followed by Europe with 23.95%, North America takes the market share of 20.95%, and China’s consumption market has a quicker growing speed of CAGR 6.4%.
Key players in the global heat insulation coating market include:
Akzonobel N.V
PPG Industries
The Sherwin-Williams Company
Axalta
VALSPAR
BASF SE
Diamond Paints
SACAL
Nippon Paints
RPM Inc
Kansai Paint
Jotun Group
The DOW Chemical Company
Mascoat
Superior Products International
Temp-Coat LLC
The Bayou Companies
Henkel
Carpoly
Maydos