High Temperature Coatings Market by Resin Type (Epoxy, Silicone, Poyester, Acrylic, Alkyd & Others), by Technology (Water, Solvent, & Powder), by Application (Petrochemical, Metal, Stoves, Marine, Automotive, Coil, Aerospace) & by Region - Global Forecast to 2020
The report covers the high temperature coatings market and further segments it on the basis of resin type, technology, application, and region. The market data for these types is given with respect to volume (thousand tons) and value (USD million). The market size, in terms of value, of high temperature coatings market is estimated to be USD 3.39 billion in 2015 and is projected to register a CAGR of about 4.56% between 2015 and 2020. The data mentioned in the report is based on the global demand for high temperature coatings market.
The market for high temperature coatings has been examined by adopting the Porter’s five forces analysis. This gives an idea about the current scenario in the industry at the global level. The study also provides the value chain analysis with respect to the end-use industries. The value chain describes the key contributors to the high temperature coatings market at different stages from raw material manufacturers, product manufacturers to the end-use industries. It represents the top players, contributing significantly to the high temperature coatings industry.
The impact of the different market factors such as drivers, restraints, opportunities, and challenges are also illustrated in the report. The high temperature coatings market is also segmented on the basis of resin type, technology, application, and region.
The market for high temperature coatings is fragmented and competitive, with a large number of minor players, especially in China. The key players in this market 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. Between 2010 and 2015, the key market players adopted multiple growth strategies to strengthen their market positions. However, most players opted for organic growth through new product launches.
The report also presents a competitive landscape covering different strategies and developments such as mergers & acquisitions, investments & expansions, new product launches, and agreements & collaborations undertaken by the leading high temperature coatings companies in the past few years. Furthermore, the leading high temperature coatings manufacturers are also profiled in the report.
Scope of the report
The high temperature coatings market has been covered in detail in this report. In order to provide an all-round picture, the current market demand and forecasts have also been included. The high temperature coatings market is segmented as follows:
On the basis of resin type:
Others (PEEK, PFA, PTFE, PPS, Vinyl Ester, Urethane, and Hybrids
On the basis of coating technology:
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
Aerospace & defense
Building & construction
Others (electrical utilities, ceramic & glass manufacturing, nuclear industry, cement industry, waste treatment, and coal gasification)
On the basis of region:
Rest of the World
The market is further analyzed for key countries in each of these regions.