Global High Temperature Coatings Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global high temperature coatings market in its upcoming report titled, “Global High Temperature Coatings Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global high temperature coatings market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global high temperature coatings market report has been segmented on the basis of resin type, technology, end-use application, and region.

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High temperature coating products are used to protect various materials from degradation by oxidation and corrosion and protect systems which are subject to very high temperature conditions on a regular basis. These coatings are available in either organic or non-organic resins forms. These coating products are designed to withstand in temperatures conditions from 150-degree Celsius to 800-degree Celsius. It offers superior adhesion to resist corrosion and abrasion. High temperature coatings are applied to increase performance and durability of equipment. Owing to its various features, they are utilized in multiple applications such as automotive, coil, aerospace, petrochemical, and others.

Corrosion under insulation is one of the most crucial issues in petrochemical industries. Use of high temperature coatings helps to keep a check on corrosion under insulation, reduce thermal fatigue, reduce heat losses, and maintain efficiency. The application of high temperature coatings helps to keep effect of moisture at a minimum level and subsequently turns into cost and energy savings.

Increasing protective features and advancements such as protection from intense temperature, UV radiation protection, and various others offered by manufacturers are major factors expected to drive growth of the global high temperature coatings market over the forecast period. Huge demand for various eco-friendly coatings such as water-based coatings, powder coatings, and solvent-based coatings are also projected to boost growth of the high temperature coatings market globally.

However, fluctuating raw material prices required for producing high temperature coatings and various environmental regulation in developed as well as developing countries with respect to production process are some major factors expected to restrain growth of the global high temperature coatings market.

Asia Pacific high temperature coatings market is expected to account for major share in terms of revenue in 2017, and is anticipated to maintain its dominance over the forecast period, owing to growing demand for high temperature coatings from various end-use sectors such as automotive, construction, oil & gas, and aerospace in the countries in this region. Asia Pacific high temperature coatings market is also anticipated to register fastest growth in terms of revenue in next five years.

Global High Temperature Coatings Market Segmentation:

Segmentation by resin type:

• Polyethersulfone
• Alkyd
• Epoxy
• Acrylic
• Silicone
• Others (urethane, vinyl ester, and alkyd)

Segmentation by technology:

• Solvent-based
• Water-based
• Powder-based

Segmentation by end-use application:

• Automotive
• Aerospace & Defense
• Marine
• Building & Construction
• Others (electrical utilities, ceramic & glass manufacturing, cement industry, and waste treatment)

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa