Heat resistant coatings also known as passive fire protection or intumescent coatings provide protection to equipment and structures from fire or flames with high temperature. These coatings are used to protect the spread of fire or lessen the damage caused by fire to surfaces. Heat resistant coatings are mostly used in the Civil Construction and Oil and Gas industries.
The automotive and other transportation industry in Asia-Pacific has been undergoing rapid growth in the recent years owing to the shifting manufacturing base from western economies. This is majorly due to the low costs of labor, along with the presence of large and approachable consumer base in the region. The automotive production in the region has been on the increase in the past few years and is expected to grow further at a significant rate, majorly in countries such as China, India, Indonesia, and Vietnam. Heat resistant coatings are employed during automotive manufacturing processes, majorly for automotive spline, exhausts, grills, and few electrical components. They aid in maintaining the color as well as providing necessary thermal and chemical resistance to the applied components. The booming automotive production activities in Asia-Pacific are expected to increase the consumption of heat resistant coatings in the region at a significant rate in the coming years.
Asia-Pacific is expanding at a higher rate for heat resistant coatings market. Some of the main reasons for the expansion are growing and emerging economies, transportation industry, increasing FDI, low-cost labor, etc. With the ongoing rapid industrialization in the region, mainly in China and India, the usage of heat resistant coatings in flammable fluid pipelines is growing significantly due to new innovations and technological advancements in the region. These are to support the growth for heat resistant coatings in the region.
The global Heat Resistant Coatings market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Heat Resistant Coatings volume and value at global level, regional level and company level. From a global perspective, this report represents overall Heat Resistant Coatings market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Heat Resistant Coatings in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Heat Resistant Coatings manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Akzo Nobel
Ancatt
Jotun
BASF
Contego International
Hempel Marine Paints
Jotun
Nippon Paint
No Burn
Nullifire
Sherwin Williams
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Silicone
Epoxy
Acrylic
Polyester
Modified Resins
Segment by Application
Automotive & Transportation
Industrial
Consumer Goods
Building & Construction
Summary:
Get latest Market Research Reports on Heat Resistant Coatings. Industry analysis & Market Report on Heat Resistant Coatings is a syndicated market report, published as Global Heat Resistant Coatings Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Heat Resistant Coatings market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.