Thermilate Warmcoat, which is now being distributed in Ireland through Igoe International Ltd, is similar to a technology used by the NASA space programme.
The reflective material in the paint was designed to cut down extreme heat build up on shuttles.
Igoe said the paint can be applied like an emulsion but its reflective property has the effect of 'bouncing back' a significant amount of the room's heat which would normally escape out through the walls or ceiling.
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The company claims the product will reduce actual room heat loss by up to 25% when two coats are applied on all walls and ceiling of any room.
Managing Director Brendan C Igoe said: "Another benefit is the fact that it reduces and in many cases eliminates 'cold wall' condensation and subsequent mould problems because when the warm moist air touches the wall, the Warmcoat makes the wall feel warmer thereby reducing condensation and formation of water droplets on the wall."
Mr Igoe said Warmcoat paint is not intended as a substitute for conventional insulation methods such as dry lining and polystyrene, but can offer an energy efficiency improvement with no reduction in room space.
(PR/BMcc)
