Mordor Intelligence has published a new report on the “Thermal Insulation Coatings Market” offering a comprehensive analysis of size, share, trends, growth drivers, and future projections.
Introduction:
Thermal Insulation Coatings Market Size is on track to expand from about USD 79.09 billion in 2025 to USD 103.36 billion by 2030, with a steady annual growth around 5.5 percent. These coatings are now key players beyond traditional construction-they’re making their mark in advanced industrial systems, LNG infrastructure, and managing battery temperatures. With energy regulations tightening and a push toward greener operations, solutions that can handle temperatures above 1,200 °C are increasingly sought after.
Report Overview: https://www.mordorintelligence.com/industry-reports/thermal-insulation-coatings-market?utm_source=globbook
Key Trends:
Market Drivers
Refinery construction in Asia and the Middle East – New refinery and petrochemical plants ask for coatings that are both heat-resilient and durable in cyclic conditions, combining insulation with corrosion and digital thickness monitoring
Rise of district heating and cooling in Europe – Fourth-generation district systems demand coatings that cut heat distribution losses while holding up under regular thermal swings. Aerogel-infused primers are becoming a go-to choice
Asia-Pacific’s industrial edge – Massive manufacturing and petrochemical buildouts in countries like China and India are sustaining demand for tough coatings, particularly in refineries, automotive parts, and LNG terminals
North America’s advanced applications – From ultra-high-performance coatings in aerospace to roof-reflectant products that help buildings meet energy codes, the U.S. market is showing broad application-especially in battery thermal management and process-heat systems
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Market Segmentation:
By Application
- Building envelope coatingsdominate (~42.60% in 2024). High-reflectance ceramic versions are in demand for lowering surface temperatures-helpful in hot climates and green building compliance
- Automotive componentsare growing fastest, with a 98% CAGR projected. EVs use these coatings in battery packs, motor housing, and inverters for both thermal and acoustic benefits
By End-User Industry
- Building and constructionlead by volume (~28.25% in 2024).
- Industrial/manufacturingand automotive, plus food processing and pharma, contribute steady demand.
- Other end-user industriesare the fastest-growing, with a CAGR around 05%, covering sectors like electronics, thermal storage, and cold-chain systems
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Key Players
The market is moderately fragmented. Major global names like:
- AkzoNobel
- PPG Industries
- Sherwin-Williams
- Jotun
- BASF hold strong due to their brand strength, distribution networks, and in-house raw-material supply chains
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Conclusion
As performance expectations rise and regulators push for more efficient systems, suppliers that can deliver tailored, reliable, low-conductivity coatings-backed by strong technical support and application know-how-will remain at the front.
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