HEAT RESISTANT COATING MARKET 2021

The report "Heat Resistant Coating Market by Resin Type (Silicone, Epoxy, Acrylic, Polyester, Modified Resins), Technology, Application (Automotive & Transportation, Industrial, Consumer Goods, Building & Construction) and by Regions - Global Forecast to 2021", The market size of heat resistant coating is estimated to grow from USD 4.56 Billion in 2016 to USD 6.16 Billion by 2021, at a CAGR of 5.11% between 2016 and 2021.

Browse 136 market data Tables and 62 Figures spread through 181 Pages and indepth TOC on "Heat Resistant Coating Market by Resin Type (Silicone, Epoxy, Acrylic, Polyester, Modified Resins), Technology, Application (Automotive & Transportation, Industrial, Consumer Goods, Building & Construction ) and by Regions - Global Forecast to 2021" https://www.marketsandmarkets.com/Market-Reports/heat-resistant-coating-market113027567.html Early buyers will receive 10% customization on this report.

The market is driven by the rising demand of heat resistant coating in the growing automotive & transportation, construction, industrial, and consumer goods industries.

Growing awareness of high quality silicone-based products and demand from Asia-Pacific is expected to drive the market.

Automotive & transportation the largest application for heat resistant coating Heat resistant coatings are used in various applications such as automotive & transportation, building & construction, industrial, consumer goods, and others. In 2015, the automotive & transportation segment accounted for the largest market share, in terms of value. The growing population, especially in China and India, is increasing the demand for improved transportation facilities, thus driving the market. Industrial is the secondlargest application of heat resistant coating due to growing awareness about its uses in power & chemical plants and oil & gas and metal processing industries among others.

Silicone resin is the fastest-growing type of heat resistant coating Silicone resin is the fastest-growing type of heat resistant coating, globally. This is due to its effective durable properties for exterior exposures, excellent performance in highly corrosive environments, and outstanding chemical resistance property. The market growth can be attributed to the increasing use of silicone resins in the automotive & transportation, industrial, and consumer goods industries and its use in the growing manufacturing and construction sectors in Asia-Pacific.

Rising demand in Asia-Pacific is the major driver of the heat resistant coating market In 2015, North America is estimated to have accounted for the largest market share, in terms of both volume and value. However, the high demand in Asia-Pacific is expected to be the major driver of the global heat resistant coating market. This is due to the increasing demand for quality coating products, increasing population in the region, and growing innovation & developments in end-use industries.

The players profiled in the heat resistant coating market report are AkzoNobel N.V. (Netherlands), Sherwin Williams Company (U.S.), PPG Industries Inc. (U.S.), Axalta Coating Systems (U.S.), Jotun A/S (Norway), Hempel A/S (Denmark), Kansai Paints Co., Ltd. (Japan), KCC Corporation (South Korea), RPM International Inc. (U.S.), Tikkurila OYJ (Finland), and other regional players.

Don’t miss out on business opportunities in Heat Resistant Coating Market. Speak to our analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=113027567

About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.

Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments.

MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com