Heat resistant coatings are a form of protective coating made of particular resins that protect and shield the coating from harm while also preventing the spread of flames. Buildings and structures, automotive and transportation, and other industries can benefit from the exceptional features of durability, heat resistance, and corrosion resistance. In the building and construction industry, heat-resistant coatings are widely employed. They are utilized to meet critical fire safety requirements and codes on a variety of building materials and goods. The use of heat-resistant coatings helps to decrease fires and improve people's safety and security.

Global Heat Resistant Coating market was valued at USD 6.16 billion in 2021 and is expected to reach USD 9.53 billion by 2029, registering a CAGR of 5.60% during the forecast period of 2022-2029. The "power segment" accounts for the largest type segment in the heat resistant coating market owing to the stringent environmental regulations regarding solvent based products have urged coating manufacturers to shift towards powder-based products. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

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Global Heat Resistant Coating Market Analysis and Size

Over the last few years, there has been immense growth in the across various end users such as construction, oil and gas, bedding and furniture, transportation and aerospace, and packaging. Additionally, there has been strong development in infrastructure, which have significantly contributed to the heat resistant coating market, which further increases the overall growth for the heat resistant coating market.

Heat Resistant Coating Market Share Analysis

The heat resistant coating market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to heat resistant coating market.

Some of the major players operating in the heat resistant coating market are

·         AkzoNobel N.V. (Netherlands)

·         Sherwin Williams Company (U.S.)

·         PPG Industries Inc. (U.S.)

·         Axalta Coating Systems (U.S.)

·         Jotun (Norway)

·         Hempel A/S (Denmark)

·         Teknos Group (Finland)

·         Kansai Paints Co., Ltd (Japan)

·         KCC Corporation (South Korea)

·         RPM International Inc. (U.S.)

·         FITZPATRICK PAINTING INC. (U.S.)

·         Right Choice Painting & Construction (U.S.)

·         Basic Needs Construction & Painting Company, LLC., (U.S.)

·         Tikkurila OYJ (Finland)

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 Heat Resistant Coating Market Scope

The heat resistant coating market is segmented on the basis of resin type, manufacturing process and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Resin Type

·         Epoxy

·         Silicone

·         Polyester

·         Acrylic

·         Modified Resins

·         Others

On the basis of resin type, the heat resistant coating market has been segmented into epoxy, silicone, polyester, acrylic, modified resins and others.

Manufacturing Process

·         Liquid

·         Powder

The heat resistant coating market has also been segmented on the basis of manufacturing process into liquid and powder. Power segment is estimated to have largest market share owing to the stringent environmental regulations regarding solvent based products have urged coating manufacturers to shift towards powder-based products.

End-Use

·         Consumer Goods

·         Automotive and Transportation

·         Industrial and Equipment

·         Building and Construction

·         Others

On the basis of end-use, the heat resistant coating market is segmented into consumer goods, automotive and transportation, industrial and equipment, building and construction and others.

Heat Resistant Coating Market Regional Analysis/Insights

The heat resistant coating market is analysed and market size insights and trends are provided by country, resin type, manufacturing process and end-use as referenced above.

The countries covered in the heat resistant coating market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the heat resistant coating market because of the rapid industrialization in the region, mainly in China, Japan and India combined with the new innovations and technological advancements within the region.

North America on the other hand, is estimated to show lucrative growth during the forecast period of 2022 to 2029 due to the increasing spending on roads, bridges, and highways along with the rising demand from the automotive and transportation industries within the emerging economies in the region.

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