Global Heat Resistant Coatings Market
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Product Code:
RP-ID-10059974 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
147 -
Category:
Chemicals -
Publisher:
Pub-ID-12
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
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Market Overview:
The global Heat Resistant Coatingsmarket was valued at USD 4.83billion in 2016 and is projected to reach USD 7.49billionby 2025, growing at a CAGR of 5.00% from 2017 to 2025.
The rising cooling costs in commercial complexes and automotive are the major factors driving demand for heat resistant coatings. The trending concept of energy efficient buildings will play a major role in augmenting market demand. The increasing infrastructure investments in developing countries is expected to provide new growth avenues for market growth.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing demand from automotive and consumer goods application
1.2 Investments in infrastructure
2. Market Restraints
2.1 Legislations banning the usage of hazardous chemicals
2.2 Raw material price volatility
Market Segmentation:
The global Heat Resistant Coatingsmarket is segmented on the technology, resin type, application, and region.
1. By Technology:
1.1 Liquid Based
1.2 Powder Based
2. By Resin Type:
2.1 Epoxy
2.2 Polyester
2.3 Silicon Resin
2.4 Modified Resins
2.5 Acrylic
2.6 Others
3. By Application:
3.1 Building and Construction
3.2 Automotive and Transportation
3.3 Industrial
3.4 Consumer Goods
3.5 Others
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Akzonobel NV
2. Axalta Coating Systems
3. Hempel A/S
4. Jotun A/S
5. PPG Industries Inc.
6. The Sherwin Williams Company
7. Kansai Paint Co. Ltd.
8. RPM International Inc.
9. TikkurilaOyj
10. KCC Corporation
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Heat Resistant Coatings Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team.
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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