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REPORT OUTLOOK
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 9.08 Billion By 2029 | 5.11% | Asia-Pacific |
| By Resin Type | By Technology | By Application |
|---|---|---|
|
|
|
SCOPE OF THE REPORT
Heat Resistant Coating Market Overview
The Heat Resistant Coating Market Is Expected To Grow At 5.11% CAGR From 2022 To 2029. It Is Expected To Reach Above USD 9.08 Billion By 2029 From USD 5.80 Billion In 2020.
Coatings that are heat-resistant offer qualities including longevity, color retention, water resistance, corrosion resistance, and exceptional performance when exposed to high temperatures. Heat-resistant coatings are increasingly being used in a wide range of industrial and commercial applications. They are employed by a number of end-use industries, including packaging, bedding and furniture, transportation and aerospace, oil and gas, and construction. Exhaust systems and protective coatings that are regularly subjected to high temperatures and abrupt temperature changes benefit greatly from the exceptional qualities that silicone resins provide.
The expansion of the market is being driven by the rising demand from the industrial and commercial application sectors. The market is projected to be driven by the use of heat resistant coatings on heavy machinery to prevent machine parts from overheating as a form of emissions management. Additionally, it is anticipated that using new, improved production technology will present a chance. However, these coatings require slightly more shipping, which raises the price of the final product. During manufacture, the product releases toxic gases. The market expansion is projected to be hampered by strict regulations governing VOC emission.
The market for heat resistant coatings will grow at a faster rate as consumers become more aware of the benefits of these products due to their ability to resist heat, corrosion, and chemicals. Additionally, the use of heat resistant coatings in commercial equipment and flammable fluid pipelines is becoming simpler and more cost-effective. Additionally, the increased demand for fire prevention equipment will increase market value. Another factor that is anticipated to drive the market’s growth is the expanding use of heat-resistant coatings in defense equipment.
The market expansion for heat resistant coatings will be hampered by the high cost of labor and the high cost of transporting heat-resistant coatings. The high cost of maintenance is another important aspect that is restricting the growth of the global market. The global epidemic has led to an increase in restrictions, which has hurt both supply and demand. Additionally, the market for heat resistant coatings will suffer from variations in raw material prices. This will therefore make the market growth rate for heat resistant coatings more difficult.
Moreover, in the projected period of 2022 to 2029, market participants will have profitable opportunities due to rising investments in new infrastructure projects, housing constructions, and non-residential building renovations. The market for heat resistant coatings will continue to expand in the future as a result of the new breakthroughs and advancements being made in this technology, as well as the growing awareness of the advantages of heat resistant coating.
The market for heat resistant coatings was negatively impacted by the most recent coronavirus outbreak. Government-imposed precautionary lockdowns to stop the spread of disease resulted in significant financial losses for the market due to of supply chain disruptions, manufacturing that was halted or suspended, and travel restrictions. These factors are all affecting demand for paints and coatings, which in turn affects demand from the architectural, automotive, and aerospace industries. The coronavirus outbreak has had a particularly negative impact on the automobile paint and coatings industry. Due to the lockdown measures, large manufacturers were obliged to halt or postpone ongoing projects and plans. The industry for car coatings has been affected by the failure of other auxiliary industries.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD Billion), (Kilotons). |
| Segmentation | By Resin Type, By Technology, By Application, By Region. |
| By Resin Type |
|
| By Technology |
|
| By Application |
|
| By Region |
|
Heat Resistant Coating Market Segment Analysis
The heat resistant coating market is segmented based on resin type, technology and application.
The market is divided based on the kind of resin into epoxy, polyester, silicon resin, modified resins, acrylic, and others. The market for heat resistant coatings’ predominant resin type, silicone, is anticipated to increase at the fastest rate between 2016 and 2021. The increased demand for heat resistant coating is primarily being driven by its expanding use in industrial, consumer, and automotive applications as well as by rising demand from developing nations like India, China, and Brazil.
The market is divided into liquid based and powder-based segments based on technology. In terms of revenue and volume, the power-based category is anticipated to become the formulation technique with the quickest growth by 2024. By 2024, 95.6 kilotons of demand for this market sector are predicted. Coating manufacturers are moving towards goods with a powder foundation due to strict environmental laws surrounding products with a solvent base.
The market is divided into building and construction, automotive and transportation, industrial, consumer goods, and others based on application. In terms of market share by value, the industrial and consumer goods applications were second and third, respectively, to the automotive and transportation sector. According to predictions, the markets automotive & transportation category would experience the fastest value increase between 2016 and 2021.
Heat Resistant Coating Market Players
The Heat Resistant Coating Market key players includes AkzoNobel N.V., Sherwin Williams Company, PPG Industries Inc., Axalta Coating Systems, Jotun, Hempel A/S, Teknos Group, Kansai Paints Co., Ltd, KCC Corporation, RPM International Inc.
Recent Developments:
25 May 2023: AkzoNobel launched bisphenol-free internal coating for beverage can ends. The product will help meet the surge in demand for alternative coatings that’s expected after the European Food Safety Authority’s (EFSA) recent opinion of BPA restrictions in metal packaging of food and beverage products. Bisphenols are currently ubiquitous throughout the manufacturing industry, a situation with growing urgency for change following EFSA’s opinion.
19 April 2023: AkzoNobel to acquire Chinese Decorative Paints business from Sherwin-Williams. AkzoNobel is to further strengthen its China position after reaching an agreement with Sherwin-Williams to acquire its Chinese Decorative Paints business*. Completion, which is subject to regulatory approvals, is expected in the second half of 2023.
Who Should Buy? Or Key Stakeholders
- Heat resistant coating manufacturers
- Raw material suppliers
- Traders, distributors, and suppliers of heat resistant coating
- Regional manufacturers
- Government and regional agencies
- Investment research firms
- Others
Heat Resistant Coating Market Regional Analysis
The heat resistant coating market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
In terms of market share for heat resistant coatings in 2019, Asia Pacific kept the lead with 37.65%. A considerable rise in the application of the heat-resistant coating is being observed in both the industrial and commercial sectors in nations in this region like China, India, Japan, South Korea, and Malaysia. The demand for power and energy from consumers in Asia and the Pacific is what is mostly responsible for the growth. One of the most crucial parts of infrastructure that is essential to the wellbeing and economic growth of nations is energy and power. Economic growth cannot be sustained without the availability and development of suitable infrastructure.
From 2023 to 2030, the Heat-resistant Coatings market in North America is anticipated to expand at the quickest CAGR. The rise of end-user sectors including automotive, aerospace, and construction, which demand high-performance coatings that can withstand high temperatures and offer long-lasting protection, are among the reasons that are propelling the market for heat-resistant coatings in North America.
Key Market Segments: Heat Resistant Coating Market
Heat Resistant Coating Market by Resin Type, 2020-2029, (USD Billion), (Kilotons).
- Epoxy
- Polyester
- Silicon Resin
- Modified Resin
- Acrylic
- Others
Heat Resistant Coating Market by Technology, 2020-2029, (USD Billion), (Kilotons).
- Liquid Based
- Powder Based
Heat Resistant Coating Market by Application, 2020-2029, (USD Billion), (Kilotons).
- Building & Construction
- Automotive & Transportation
- Industrial
- Consumer Goods
- Others
Heat Resistant Coating Market by Region, 2020-2029, (USD Billion), (Kilotons).
- North America
- Asia Pacific
- Europe
- South America
- Middle East and Africa
Important Countries in All Regions Are Covered.
Exactitude Consultancy Services Key Objectives
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- What is the expected growth rate of the heat resistant coating market over the next 7 years?
- Who are the major players in the heat resistant coating market and what is their market share?
- What are the end-user industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-Pacific, Middle East, and Africa?
- How is the economic environment affecting the heat resistant coating market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the heat resistant coating market?
- What is the current and forecasted size and growth rate of the global heat resistant coating market?
- What are the key drivers of growth in the heat resistant coating market?
- What are the distribution channels and supply chain dynamics in the heat resistant coating market?
- What are the technological advancements and innovations in the heat resistant coating market and their impact on technology development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the heat resistant coating market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the heat resistant coating market?
- What are the products offerings and specifications of leading players in the market?
- What is the pricing trend of heat resistant coating in the market and what is the impact of raw material prices on the price trend?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH TECHNOLOGYOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA RESIN TYPES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL HEAT RESISTANT COATING OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON HEAT RESISTANT COATING MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL HEAT RESISTANT COATING OUTLOOK
- GLOBAL HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION) (KILOTONS) 2020-2029
- EPOXY
- POLYESTER
- SILICON RESIN
- MODIFIED RESIN
- ACRYLIC
- OTHERS
- GLOBAL HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION) (KILOTONS) 2020-2029
- LIQUID BASED
- POWDER BASED
- GLOBAL HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION) (KILOTONS) 2020-2029
- BUILDING & CONSTRUCTION
- AUTOMOTIVE & TRANSPORTATION
- INDUSTRIAL
- CONSUMER GOODS
- OTHERS
- GLOBAL HEAT RESISTANT COATING MARKET BY REGION (USD BILLION) (KILOTONS) 2020-2029
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- AKZONOBEL N.V.
- SHERWIN WILLIAMS COMPANY
- PPG INDUSTRIES INC.
- AXALTA COATING SYSTEMS
- JOTUN
- HEMPEL A/S
- TEKNOS GROUP
- KANSAI PAINTS CO., LTD
- KCC CORPORATION
- RPM INTERNATIONAL *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1 GLOBAL HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 2 GLOBAL HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 3 GLOBAL HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 4 GLOBAL HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 5 GLOBAL HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 6 GLOBAL HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 7 GLOBAL HEAT RESISTANT COATING MARKET BY REGION (USD BILLION), 2020-2029
TABLE 8 GLOBAL HEAT RESISTANT COATING MARKET BY REGION (KILOTONS), 2020-2029
TABLE 9 NORTH AMERICA HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 10 NORTH AMERICA HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 11 NORTH AMERICA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 12 NORTH AMERICA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 13 NORTH AMERICA HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 14 NORTH AMERICA HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 15 NORTH AMERICA HEAT RESISTANT COATING MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 16 NORTH AMERICA HEAT RESISTANT COATING MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 17 US HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 18 US HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 19 US HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 20 US HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 21 US HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 22 US HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 23 CANADA HEAT RESISTANT COATING MARKET BY RESIN TYPE (BILLION), 2020-2029
TABLE 24 CANADA HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 25 CANADA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 26 CANADA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 27 CANADA HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 28 CANADA HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 29 MEXICO HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 30 MEXICO HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 31 MEXICO HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 32 MEXICO HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 33 MEXICO HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 34 MEXICO HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 35 SOUTH AMERICA HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 36 SOUTH AMERICA HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 37 SOUTH AMERICA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 38 SOUTH AMERICA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 39 SOUTH AMERICA HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 40 SOUTH AMERICA HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 41 SOUTH AMERICA HEAT RESISTANT COATING MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 42 SOUTH AMERICA HEAT RESISTANT COATING MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 43 BRAZIL HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 44 BRAZIL HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 45 BRAZIL HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 46 BRAZIL HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 47 BRAZIL HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 48 BRAZIL HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 49 ARGENTINA HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 50 ARGENTINA HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 51 ARGENTINA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 52 ARGENTINA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 53 ARGENTINA HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 54 ARGENTINA HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 55 COLOMBIA HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 56 COLOMBIA HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 57 COLOMBIA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 58 COLOMBIA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 59 COLOMBIA HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 60 COLOMBIA HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 61 REST OF SOUTH AMERICA HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 62 REST OF SOUTH AMERICA HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 63 REST OF SOUTH AMERICA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 64 REST OF SOUTH AMERICA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 65 REST OF SOUTH AMERICA HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 66 REST OF SOUTH AMERICA HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 67 ASIA-PACIFIC HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 68 ASIA-PACIFIC HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 69 ASIA-PACIFIC HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 70 ASIA-PACIFIC HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 71 ASIA-PACIFIC HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 72 ASIA-PACIFIC HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 73 ASIA-PACIFIC HEAT RESISTANT COATING MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 74 ASIA-PACIFIC HEAT RESISTANT COATING MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 75 INDIA HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 76 INDIA HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 77 INDIA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 78 INDIA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 79 INDIA HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 80 INDIA HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 81 CHINA HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 82 CHINA HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 83 CHINA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 84 CHINA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 85 CHINA HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 86 CHINA HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 87 JAPAN HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 88 JAPAN HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 89 JAPAN HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 90 JAPAN HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 91 JAPAN HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 92 JAPAN HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 93 SOUTH KOREA HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 94 SOUTH KOREA HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 95 SOUTH KOREA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 96 SOUTH KOREA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 97 SOUTH KOREA HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 98 SOUTH KOREA HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 99 AUSTRALIA HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 100 AUSTRALIA HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 101 AUSTRALIA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 102 AUSTRALIA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 103 AUSTRALIA HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 104 AUSTRALIA HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 105 SOUTH EAST ASIA HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 106 SOUTH EAST ASIA HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 107 SOUTH EAST ASIA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 108 SOUTH EAST ASIA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 109 SOUTH EAST ASIA HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 110 SOUTH EAST ASIA HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 111 REST OF ASIA PACIFIC HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 112 REST OF ASIA PACIFIC HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 113 REST OF ASIA PACIFIC HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 114 REST OF ASIA PACIFIC HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 115 REST OF ASIA PACIFIC HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 116 REST OF ASIA PACIFIC HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 117 EUROPE HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 118 EUROPE HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 119 EUROPE HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 120 EUROPE HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 121 EUROPE HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 122 EUROPE HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 123 EUROPE HEAT RESISTANT COATING MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 124 EUROPE HEAT RESISTANT COATING MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 125 GERMANY HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 126 GERMANY HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 127 GERMANY HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 128 GERMANY HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 129 GERMANY HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 130 GERMANY HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 131 UK HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 132 UK HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 133 UK HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 134 UK HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 135 UK HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 136 UK HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 137 FRANCE HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 138 FRANCE HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 139 FRANCE HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 140 FRANCE HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 141 FRANCE HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 142 FRANCE HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 143 ITALY HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 144 ITALY HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 145 ITALY HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 146 ITALY HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 147 ITALY HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 148 ITALY HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 149 SPAIN HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 150 SPAIN HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 151 SPAIN HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 152 SPAIN HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 153 SPAIN HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 154 SPAIN HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 155 RUSSIA HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 156 RUSSIA HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 157 RUSSIA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 158 RUSSIA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 159 RUSSIA HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 160 RUSSIA HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 161 REST OF EUROPE HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 162 REST OF EUROPE HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 163 REST OF EUROPE HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 164 REST OF EUROPE HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 165 REST OF EUROPE HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 166 REST OF EUROPE HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 167 MIDDLE EAST AND AFRICA HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 168 MIDDLE EAST AND AFRICA HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 169 MIDDLE EAST AND AFRICA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 170 MIDDLE EAST AND AFRICA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 171 MIDDLE EAST AND AFRICA HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 172 MIDDLE EAST AND AFRICA HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 173 MIDDLE EAST AND AFRICA HEAT RESISTANT COATING MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 174 MIDDLE EAST AND AFRICA HEAT RESISTANT COATING MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 175 UAE HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 176 UAE HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 177 UAE HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 178 UAE HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 179 UAE HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 180 UAE HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 181 SAUDI ARABIA HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 182 SAUDI ARABIA HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 183 SAUDI ARABIA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 184 SAUDI ARABIA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 185 SAUDI ARABIA HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 186 SAUDI ARABIA HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 187 SOUTH AFRICA HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 188 SOUTH AFRICA HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 189 SOUTH AFRICA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 190 SOUTH AFRICA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 191 SOUTH AFRICA HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 192 SOUTH AFRICA HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 193 REST OF MIDDLE EAST AND AFRICA HEAT RESISTANT COATING MARKET BY RESIN TYPE (USD BILLION), 2020-2029
TABLE 194 REST OF MIDDLE EAST AND AFRICA HEAT RESISTANT COATING MARKET BY RESIN TYPE (KILOTONS), 2020-2029
TABLE 195 REST OF MIDDLE EAST AND AFRICA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 196 REST OF MIDDLE EAST AND AFRICA HEAT RESISTANT COATING MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 197 REST OF MIDDLE EAST AND AFRICA HEAT RESISTANT COATING MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 198 REST OF MIDDLE EAST AND AFRICA HEAT RESISTANT COATING MARKET BY APPLICATION (KILOTONS), 2020-2029
LIST OF FIGURES
FIGURE 1 MARKET DYNAMICS
FIGURE 2 MARKET SEGMENTATION
FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4 DATA TRIANGULATION
FIGURE 5 BOTTOM-UP APPROACH
FIGURE 6 TOP-DOWN APPROACH
FIGURE 7 RESEARCH FLOW
FIGURE 8 GLOBAL HEAT RESISTANT COATING MARKET BY RESIN TYPE, USD BILLION, 2020-2029
FIGURE 9 GLOBAL HEAT RESISTANT COATING MARKET BY APPLICATION, USD BILLION, 2020-2029
FIGURE 10 GLOBAL HEAT RESISTANT COATING MARKET BY TECHNOLOGY, USD BILLION, 2020-2029
FIGURE 11 GLOBAL HEAT RESISTANT COATING MARKET BY REGION, USD BILLION, 2020-2029
FIGURE 12 GLOBAL HEAT RESISTANT COATING MARKET BY RESIN TYPE, USD BILLION, 2021
FIGURE 13 GLOBAL HEAT RESISTANT COATING MARKET BY APPLICATION, USD BILLION, 2021
FIGURE 14 GLOBAL HEAT RESISTANT COATING MARKET BY TECHNOLOGY, USD BILLION, 2021
FIGURE 15 GLOBAL HEAT RESISTANT COATING MARKET BY REGION, USD BILLION, 2021
FIGURE 16 PORTER’S FIVE FORCES MODEL
FIGURE 17 MARKET SHARE ANALYSIS
FIGURE 18 AKZONOBEL N.V.: COMPANY SNAPSHOT
FIGURE 19 SHERWIN WILLIAMS COMPANY: COMPANY SNAPSHOT
FIGURE 20 PPG INDUSTRIES INC.: COMPANY SNAPSHOT
FIGURE 21 AXALTA COATING SYSTEMS: COMPANY SNAPSHOT
FIGURE 22 JOTUN: COMPANY SNAPSHOT
FIGURE 23 HEMPEL A/S: COMPANY SNAPSHOT
FIGURE 24 TEKNOS GROUP: COMPANY SNAPSHOT
FIGURE 25 KANSAI PAINTS CO., LTD: COMPANY SNAPSHOT
FIGURE 26 KCC CORPORATION: COMPANY SNAPSHOT
FIGURE 27 RPM INTERNATIONAL INC.: COMPANY SNAPSHOT
FAQ
The heat resistant coating market is expected to grow at 5.11 % CAGR from 2022 to 2029. It is expected to reach above USD 9.08 billion by 2029 from USD 5.80 billion in 2020.
Asia Pacific held more than 38 % of the heat resistant coating market revenue share in 2021 and will witness expansion in the forecast period.
The expansion of the market is being driven by the rising demand from the industrial and commercial application sectors. The market is projected to be driven by the use of heat resistant coatings on heavy machinery to prevent machine parts from overheating as a form of emissions management.
The market is divided into Building and Construction, Automotive and Transportation, Industrial, Consumer Goods, and Others based on application. In terms of market share by value, the industrial and consumer goods applications were second and third, respectively, to the automotive and transportation sector. According to predictions, the markets automotive & transportation category would experience the fastest value increase between 2016 and 2021.
Asia Pacific is the largest regional market for heat resistant coating market
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