World High Temperature Coatings Market to Grow at 4.56% CAGR by 2020

High temperature coatings market in terms of values it was estimated about USD 3.39 Billion in 2015 and is projected to touch USD 4.24 Billion by 2020, at a CAGR of 4.56% between 2015 and 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. Order a copy of 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 research report at:
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On a related note, Global Paint Market forecasts a 5.15% CAGR to 2020 for paint industry. The report includes the segmentation on the basis of Vehicle Type, Coat, Technology, Texture, Content and geography. PPG Industries (U.S.), BASF (Germany), Axalta Coating Systems Ltd. (U.S.), Kansai Paint Co Ltd (Japan), and Nippon Paint (Japan) are companies mentioned in this 165 pages research.