A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Heat-resistant
Coatings
Market. The
study, titled “Heat-resistant
Coatings Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Heat-resistant
Coatings Market: Overview
Heat-resistant
coatings have properties such as durability, color retention, water
resistance, corrosion resistance, and excellent performance upon
exposure to high temperatures. Heat-resistant coatings are
increasingly becoming an integral part of various commercial and
industrial applications. They are used in various end-user industries
such as construction, oil & gas, bedding & furniture,
transportation & aerospace, and packaging. Silicone resins confer
excellent properties on protective coatings and exhaust systems,
especially those exposed continuously to extreme temperatures and
rapid fluctuations in temperature. Properties of heat-resistant
coating systems are determined primarily by constituent binders,
fillers, and pigments.
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Silicone
resin coatings readily withstand temperatures in excess of 600°C
without getting destroyed or suffering adhesion failure. These are
resistant to abrasion, chemicals, and light. They possess
pigmentability and good compatibility with other systems. All these
properties naturally impart gloss to the surface on which
heat-resistant coatings are applied. The coating thickness ranges
from a few hundred micrometers to millimeters. These coatings
insulate components from high and prolonged heat loads through
utilization of thermally insulating materials that can sustain an
appreciable difference between temperatures of the load-bearing alloy
and the coating surface.
Heat-resistant
Coatings Market: Dynamics and Trends
Heat-resistant
coatings or thermal barrier coatings (TBC) are highly advanced
materials usually applied to metallic surfaces such as parts of gas
turbines or aero-engines, which operate at elevated temperatures, as
a part of exhaust heat management. 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. Modern thermal resistant coatings
often provide active cooling too, which permits working fluid
temperatures higher than the melting point of the metal airfoil in
some turbine applications.
There
has been an increasing demand for highly efficient engine operations
(efficiency increases at higher temperatures), better
durability/lifetime, and thinner coatings to reduce weight of
components of moving/rotating parts. Property of resistance to heat,
corrosion, and chemicals is thus expected to drive the global
heat-resistant coatings market. In terms of volume, automotive &
transportation is expected to be the speedily expanding application
segment of the global heat-resistant coatings market. Some of the
general requirements for an effective heat-resistant coating include
high melting, no phase transformation between room temperature and
operating temperature, low thermal conductivity, chemical inertness,
similar thermal expansion matching with the metallic substrate, good
adherence to the substrate, and low sintering rate for a porous
microstructure.
Heat-resistant
Coatings Market: Segmentation
The
heat-resistant coatings market can be segmented by end-user
(construction, oil & gas, bedding & furniture, transportation
& aerospace, packaging, and others), by region (North America,
Latin America, Asia Pacific, Europe, and Middle East & Africa),
and by type of resin (cellulosic, silicone, epoxy, acrylic, and
others).
Heat-resistant
Coatings Market: Region-wise Outlook
Asia
Pacific is the speedily expanding market for heat-resistant coatings,
in terms of revenue as well as volume. High economic growth rate,
growing manufacturing industries, low-cost labor, increasing foreign
investments, increasing demand from end-user industries, and the
global shift in production from developed countries to emerging
countries are major factors leading to growth of the heat-resistant
coatings market in the region.
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Heat-resistant
Coatings Market: Key Players
Key
players operating in the heat-resistant coatings market include Akzo
Nobel N.V., Axalta Coating Systems, Hempel A/S, and Jotun A/S.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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