The global insulation coatings market was worth around USD 10 billion in 2024 and is expected to grow steadily at a CAGR of 5.5%, reaching roughly USD 17.1 billion by 2034. These coatings are designed to help reduce heat loss and boost energy efficiency in various applications like pipes, tanks, and equipment. They're used heavily in sectors like construction, oil & gas, aerospace, and manufacturing. Governments around the world are actively supporting the shift toward energy-efficient practices, and that’s giving the market a solid push. Policies such as those from the U.S. Department of Energy and EU energy-saving regula
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