High Temperature Coatings Market size is forecast to reach $5.2 billion, after growing at a CAGR of 4.5% - IndustryARC - EIN Presswire

2022-10-01 12:20:26 By : Mr. Wekin Cai

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High Temperature Coatings Market size is forecast to reach $5.2 billion by 2026, after growing at a CAGR of 4.5% during 2021-2026.

HYDERABAD, TELANGANA, INDIA, September 29, 2022 /EINPresswire.com/ -- High Temperature Coatings Market size is forecast to reach $5.2 billion by 2026, after growing at a CAGR of 4.5% during 2021-2026. Surging demand for high temperature resistance coatings across various end-use industries like aerospace, petrochemical, power, manufacturing and military. Moreover, growing focus by end-user to minimize downtime by utilizing quality products further drive the market growth. Whereas implementation of governments stringent regulations will enhance the overall market demand for high temperature coatings market.

Click here to browse the complete report summary: https://www.industryarc.com/Report/15546/high-temperature-coatings-market.html

This IndustryARC report on the High Temperature Coatings market highlights the following areas -

1. In 2020, Asia-Pacific dominates the high temperature coatings market owing to increasing demand from various end use such as automotive, aviation and others.

2. The growing aviation and renewable energy sector in APAC region, is likely to aid in the market growth of High Temperature Coatings.

3. Implementation of government’s stringent regulations or schemes such as Electric Vehicle policy will further drive the market for high temperature coatings.

4. High ductility of high temperature coatings compared with other coatings is also one of the factors increasing the market growth for high temperature coatings.

Interested in knowing more relevant information? Click here: https://www.industryarc.com/pdfdownload.php?id=15546

1. Epoxy Coatings segment held the largest share of more than 35% in the High Temperature Coatings market in the year 2020. Epoxy coatings are durable coatings that can be used for a variety of purposes from strong adhesives to durable paint and coatings for floors and metals.

2. APAC held the largest share of more than 45% in the High Temperature Coatings market in the year 2020. Countries such as China and India are the major countries in this region and with the growing manufacturing of vehicles in this region the demand for high temperature coatings will increase, as they were used to paint engines and other high combustion parts.

3. Automotive sector is projected to witness the highest CAGR of 6.3% during the forecast period in the High Temperature Coatings market. With the requirement of automotive and diesel engines to run cleaner and more efficient than ever before, there is a continued need for thermal management and high-temperature resistant coatings.

The top 5 players in the High Temperature Coatings industry are:

1. AkzoNobel N.V 2. The Sherwin-Williams Company 3. PPG Industries Inc 4. The Valspar Corporation 5. Whitford

Click on the following link to buy the High Temperature Coatings Market Report: https://www.industryarc.com/reports/request-quote?id=15546

IndustryARC is one of the leading market research and consulting firms in the world. It produces over 500 unique market reports annually. If you are looking for a detailed overview of a particular market, you can simply connect with the team at IndustryARC. You can not only buy your preferred market report from the website, but also get personalized assistance on specific reports.

A. Epoxy Coatings Market https://www.industryarc.com/Research/Epoxy-Coatings-Market-Research-500177

B. Silicone Coating Market https://www.industryarc.com/Research/Silicone-Coating-Market-Research-503520

Mr. Venkat Reddy IndustryARC Email: venkat@industryarc.com, sales@industryarc.com USA: (+1) 970-236-3677, (+1) 815-656-4596 IND: (+91) 40-485-49062

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