Quick Summary:
In the ever-evolving landscape of industry processes and safety measures, understanding the potential of the global Heat Resistant Coatings market is an essential competency. The sector is projected to grow significantly - from an estimated value of US$6.7 Billion in 2022, it's predicted to reach US$10.2 Billion by 2030, positioning Heat Resistant Coatings as an essential component of future frameworks for several industries. Strategic players such as Akzo Nobel NV, KCC Corporation, and PPG Industries, are pivoting towards these emerging trends, prompting the need for a thorough overview of the market's current state and potential.
To aid this understanding, our latest market research report offers key insights and data regarding not only the state of the current market, but also the emerging trends and opportunities. Detailed data covering different market segments such as Liquid-Based and Powder-Based coatings, as well as crucial geographic markets - the US, China, Japan, Canada, and Germany - is included. Tailored to help you craft lucrative strategies, this report lays out a thorough roadmap of the evolving Heat Resistant Coatings market, positioned to deliver significant returns by 2030. It's time to get ahead of industry trends before they shape our world.
Global Heat Resistant Coatings Market to Reach $10.2 Billion by 2030
The global market for Heat Resistant Coatings estimated at US$6.7 Billion in the year 2022, is projected to reach a revised size of US$10.2 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2022-2030. Liquid-Based, one of the segments analyzed in the report, is projected to record 4.6% CAGR and reach US$6.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Powder-Based segment is readjusted to a revised 7.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 8.2% CAGR
The Heat Resistant Coatings market in the U.S. is estimated at US$1.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.3 Billion by the year 2030 trailing a CAGR of 8.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.Select Competitors (Total 43 Featured) -
- Akzo Nobel NV
- Axalta Coating Systems
- Hempel A/S
- Jotun A/S
- Kansai Paint Co., Ltd.
- KCC Corporation
- PPG Industries, Inc.
- RPM International, Inc.
- The Sherwin-Williams Company
- Tikkurila Oyj
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Heat Resistant Coatings?
What is the growth rate of the Global Market for Heat Resistant Coatings?
What is the forecasted size of the Global Market for Heat Resistant Coatings?
Who are the key companies in the Global Market for Heat Resistant Coatings?
| Report Attribute | Details |
|---|---|
| No. of Pages | 193 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 6.7 Billion |
| Forecasted Market Value ( USD | $ 10.2 Billion |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Akzo Nobel NV
- Axalta Coating Systems
- Hempel A/S
- Jotun A/S
- Kansai Paint Co., Ltd.
- KCC Corporation
- PPG Industries, Inc.
- RPM International, Inc.
- The Sherwin-Williams Company
- Tikkurila Oyj
