Global High-Temperature Coatings Market 2018-2022
About high-temperature coatings
High-temperature-resistant coatings are coatings that are used for withstanding temperatures (ranging from 302°F to over 1,400°F) while providing protection against corrosion. These coatings function as protective coverings when used in equipment or materials. Some of the typical properties of high-temperature-resistant coatings include abrasion, corrosion, and UV resistance. They help in reducing fatigue (thermal). They also provide an anti-oxidative solution to the substrate.
Technavio’s analysts forecast the global high-temperature coatings market to grow at a CAGR of 4.43% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global high-temperature coatings market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of high-temperature-resistant coatings based on resins type as epoxy, silicone, polyester, acrylic, alkyd, and others
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global High-Temperature Coatings Market 2018-2022
Technavio recognizes the following companies as the key players in the global high-temperature coatings market: AkzoNobel, Axalta Coating Systems, BASF, The Sherwin-Williams Company, PPG Industries, Carboline
Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is growing oil and gas industry”
According to the report, one driver that is affecting the market is growth in the automotive sector”
Further, the report states that one challenge that is affecting the market is fluctuating raw material prices”
Axalta Coating Systems
The Sherwin-Williams Company