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End-user/Technology
Due to its properties like corrosion resistance, color retention, durability and water resistance, it had wide industrial as well as commercial use. Silicone resin type of coatings is mainly applied to exhaust systems as they face fluctuating rise in temperature. It is also applied to materials which work in thehighly corrosive environment.
Market Dynamics
Factors predicted to drive market growth and demand worldwide are as follows
--> Rise in demand from growing number of automobiles
--> Increasing use to be applied to metallic surface of aero engines, as they operate at high temperature
--> Modern heat resistant coatings provide cooling effect which also increased demand
Challenges faced by this market are as follows
--> Due to increasing cost of transportation, sale of heat resistant coating may decrease
--> Maintenance cost may also be another deterrent
Market Segmentation
The global heat resistant coatings market can be segmented in terms of type, end-user sector,and application. On the basis of type, it can be segmented into
--> Silicone
--> Polyester
--> Modified Resins
--> Acrylic
--> Others
On the basis of end-user sector, it can be segmented into
--> Oil and gas
--> Transport and aerospace
--> Construction
--> Packaging
--> Bedding and Furniture
--> Consumer Goods
--> Others
On the basis of application, it can be segmented into
--> Hydrocarbon
--> Cellulosic
Regional/Geographic Analysis
North America accounts for the largest market share, both for value and volume. But due to increasing population in Asian countries like India and China, there will be an increase in demand for heat resistant coatings. Also growing innovations for end-use industries in these countries is also another factor. Growing awareness about silicone type of coatings in Asia-Pacific region is causing growth in its market share.
Key Players
Some of the major players include Berger Paints, Dampney, Nippon Paint, Hempel Marine Paints, Akzo Nobel, FCS, Nullfire, BASF Coatings, Dupont,and others.
Report Contents:
> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players
Regional Analysis:
> North America
>> US and Canada
> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe
> Eastern Europe
>> Russia
>> Poland
>> Rest of Eastern Europe
> Asia Pacific
>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific
> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Report Highlights:
> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage
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