Key Applications to Drive the Growth of High Temperature Coatings Market


Posted October 23, 2018 by abhijeetw1

169 Pages Report on high temperature coatings market size, in terms of value, is estimated to reach USD 4.24 Billion by 2020 at a firm CAGR of over 4.56% between 2015 and 2020.

 
The high temperature coatings market size, in terms of value, is estimated to reach USD 4.24 Billion by 2020 at a firm CAGR of over 4.56% between 2015 and 2020.

The high temperature coatings market registered a moderate growth in the past few years and is likely to continue so in the coming years. This growth is driven by the rising power & chemical plants, oil & gas, metal processing, cookware, stoves, and automotive industries.

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The high temperature coatings market, along with its applications, witnessed a moderate to high growth in the past few years and is likely to continue so in the in the coming years. This growth is mainly driven by the growing application sectors of power & chemical plants and oil & gas, metal processing, cookware, stoves, and automotive industries in Asia-Pacific.

Asia-Pacific is the biggest and the fastest-growing market for high temperature coatings. The dominance of the market by Asia-Pacific is attributed to the growing demand for automobiles in India, China, Japan, and South Korea. North America and Europe are mature markets and are expected to register low-to-moderate CAGR compared to Asia-Pacific.

Competitive scenarios of the top players in the high temperature coatings market have been discussed in detail. Leading players in this industry have also been profiled and their recent developments and other strategic industry activities have been identified. The key manufacturers of high temperature coatings are AkzoNobel N.V. (Netherlands), The Sherwin-Williams Company (U.S.), PPG Industries Inc. (U.S.), The Valspar Corporation (U.S.), Whitford (U.S.), Weilburger Coatings GmbH (Germany), Axalta Coating Systems (U.S.), Jotun A/S (Norway), Aremco (U.S.), Carboline (U.S.), Hempel (Denmark), Belzona International Ltd. (U.K.), and Chemco International Ltd. (U.K.) among others.

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On the basis of application:

Power & chemical plants and oil & gas industry
Metal processing industries
Cookware, bakeware, and small appliances
Woodstoves, gas stoves, and barbecue grills
Marine
Automotive
Coil coatings
Aerospace & defense
Building & construction
Others (electrical utilities, ceramic & glass manufacturing, nuclear industry, cement industry, waste treatment, and coal gasification)
The leading high temperature coatings manufacturers are AkzoNobel N.V. (Netherlands), The Sherwin-Williams Company (U.S.), PPG Industries Inc. (U.S.), The Valspar Corporation (U.S.), Whitford (U.S.), Weilburger Coatings GmbH (Germany), Axalta Coating Systems (U.S.), Jotun A/S (Norway), Aremco (U.S.), Carboline (U.S.), Hempel (Denmark), Belzona International Ltd. (U.K.), and Chemco International Ltd. (U.K.) among others.

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Issued By marketsandmarkets
Country United States
Categories Business , Industry , Manufacturing
Tags high temperature coatings , high temperature coatings market
Last Updated October 23, 2018