Insulation Paints, Coatings Market to Reach US$8B by 2026
Insulation Paints and Coatings devices are being adopted by a large number of end users for various applications. Insulation paints and coatings are used to maintain temperature balance in buildings. They are applied to external surfaces, such as building roofs and outer walls, to prevent warming up of internal environment due to their low thermal conductivity. Conversely, in cold climates, insulation paints and coatings application, on interior room surfaces, results in better heat retention in the premises and thus, reduced heat loss to the environment. Therefore, insulation paints and coatings, when applied as per climatic conditions, can reduce energy consumption. Based on type, the acrylic segment will continue to dominate the Insulation Paints and Coatings marketin terms of global market share and is expected to account for more than 42 percent share of the total absolute dollar opportunity in the insulation paints and coatings market by the end of 2026.