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Explore risk of accidental fires in a closed environment drives growth of heat resistant coatings market growth

Explore risk of accidental fires in a closed environment drives growth of heat resistant coatings market growth

Heat resistant coatings are specially prepared to withstand high heat temperatures for prolonged period of time. The presence of silicone resins increase heat resistance of paints as result of which the paint will not degrade or tarnish quickly as compared to the conventional paints or coatings. The heat resistant coatings are not the same as fire retardant paints. The latter is prepared to tolerate fire damage. Heat resistant coatings cannot avert combustible materials like wood from blazing.

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Heat Resistant Coatings Market deals with developing and manufacture of protective coating materials that are resistant to heat. Properties of heat-resistant coatings are determined primarily by constituent binders, fillers, and pigments.

Silicone resin coatings readily withstand temperatures in excess of 600°C without getting destroyed or suffering adhesion failure.

High temperature resistant coatings or thermal barrier coatings (TBC) are highly advanced materials usually applied to metallic surfaces of gas turbines or aero-engines.

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These machines operate at elevated temperatures.

Heat-resistant coatings limit the thermal exposure to structural components from higher operating temperatures. This property extends the life of parts by reducing oxidation and thermal fatigue.

With latest advancements in Heat Resistant Coatings Market thermal resistant coatings often provide corrosion protection and active cooling too.

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Scope & Regional Forecast of the Heat Resistant Coatings Market

 With increasing industries and safety measures, most of the industrial coatings also adopted the heat resistant coatings. With advancements in automobile and transport sector, heat resistant coatings are widely used in protective coatings of engine and other heat generating parts.

These coatings are resistant to abrasion, chemicals, and light. They also possess pigmentability and good compatibility with other systems.

All these properties naturally impart gloss to the surface on which heat-resistant coatings are applied. These factors drive the growth of Heat Resistant Coatings Market.

North America and Europe are prominent regions of Heat Resistant Coatings Market. Rapid industrialization in the Asia Pacific region, prominently in China and India, is estimated to fuel the growth of the market.

Heat resistant coating technology helps Industries and manufacturers to reduce the loss of human lives in their operating plants. Therefore, it is expected that the heat resistant coatings market will see rapid growth in all developed and developing countries in the future.

High costs and lack of awareness are the restrain for the growth of Heat Resistant Coatings Market. Due its high costs, small scale industries could not afford this technology.

However, with increasing safety awareness and research developments to lower the cost are expected to anticipate the growth in near future.

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Segmentations & Key Players Involved in the Heat Resistant Coatings Market

The Heat Resistant Coatings Market can be broken down into various segmentations on the basis of –

  • End-User : Construction, Oil & Gas, Bedding & Furniture, Transportation & Aerospace, Packaging, and Others
  • Resin : Cellulosic, Silicone, Epoxy, Acrylic, and Others
  • Geographical Location : North America, Latin America, Asia Pacific, Europe, and Middle East & Africa

Some of the key players involved in the Heat Resistant Coatings Market are as follows:

  • Contego Industries, Inc.,
  • Satya Firotech India Pvt. Ltd.
  • Air Products and Chemicals, Inc.
  • PPG INDUSTRIES
  • Wacker Chemie AG
  • AkzoNobel N.V.

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