Insulated Paint Market Size Forecast to Reach $14.5 Billion by 2025
Posted on Jul 7 2020 3:48 PM "Implementation of Stringent Environment Regulations Driving the Growth of Insulated Paint Market." Insulated Paint Market size is forecast to reach $14.5 billion by 2025, after growing at a CAGR of 7.8% during 2020-2025. With rise in need for energy saving, the Insulated Paint market is witnessing an increase in demand. Growing public interest towards sustainable and environment-friendly products will further enhance the overall market demand for Insulated Paint during the forecast period, as these paints are water based and thus are non-toxic. By Product - Segment Analysis Polyurethane holds the largest share in the Insulated paint market. It helps to formulate automotive coatings with higher gloss and excellent finish. The growth of polyurethane resin is backed by its excellent resistance to UV rays, chemicals, and corrosion. The polyurethane resin-based coating also offers superior durability, thereby, lowering maintenance requirements...