Global Market for Heat Resistant Coatings to Record Significant Incremental Dollar Opportunity Through 2017-2025
Most conventional coatings available in the global market do not possess properties to act as fire retardants. As per the National Fire Protection Association (NPFA), in U.S. seven lives are lost every day due to fire; on a global level even more lives are assumed to be endangered because of the lack of reporting and statistical data. Due to changing lifestyle trends, construction methods are now increasingly implementing fire resistant materials and coatings for residential, commercial, infrastructure and industrial development. A heat resistant coating is a protective coating capable of withstanding high temperatures for a certain prolonged period of time. Heat resistant coatings are manufactured with the addition of some special resins which shield and protect the coating from getting tarnished or damaged, as compared to conventional paints and coatings when exposed to fire. Heat resistant coatings are not produced to extinguish fire, but they are formulated to prevent the flames from spreading; hence effectively controlling the fire and curbing further damage to a certain extent. During a fire, when exposed to very high temperatures, these coatings swell up and grow in size. Thus producing a shielding constitute known as “char” which does not conduct heat.
Get Sample Copy of Report @ https://www.persistencemarketresearch.com/samples/13882
Heat resistant coatings have a massive prospect to grow and moderately replace traditional paints in the market. Heat resistant coatings, when properly coated, bulge up to form a foam like substance in appearance when the temperature is extraordinarily high due to flames. The foam hence formed protects the underlying surface from harm as it prevents the fire from penetrating the hard foam surface. The foremost driver of the heat resistant coatings market is the safety concern for working population, without compromising on the paint quality. Heat resistant coatings are widely used in commercial and industrial buildings, and structures which usually house more than a few hundred people. Heat resistant coatings are applied on wooden surfaces, walls, pipelines, equipment and other materials and surfaces that qualify as flammable zones as per requirement.
Heat Resistant Coatings Market Dynamics:
Heat resistant coatings can control flames and curb the fire from spreading for a while. Thus allowing time for rescue teams such as firefighters and police authorities to save lives, as well as extinguish the fire and avoid further damage to property. Due to this exceedingly important and useful attribute, the heat resistant coatings market is estimated to grow in the coming period. Heat resistant coatings are defined by the thickness the coating attains when subjected to high temperatures. Optimum thickness is required, so that the coating is effective in real-time situations. The rising number of accidents globally due to accidental fires in a closed environment is the prime reason for growth in this market. The market for heat resistant coatings is presently inadequate as the concept is niche. However remarkable opportunity exists for this product in the future.
Even though no standard has yet been publically established to determine the effectiveness of the heat resistant coatings offered by various manufacturers and providers, these coatings could be functional to a variety of applications and have boundless possibilities, especially in industrial and commercial setups which are liable to fire accidents. Safety of the employee is becoming an important factor for manufacturers, they are opting for more safety products which in turn will fuel the growth of the heat resistant coatings market in the industrial goods sector. The market for the heat resistant coatings is anticipated to grow at a healthy CAGR in the coming future. Furthermore, the growing applications of heat resistant coatings in commercial and industrial sectors are expected to propel the growth of the overall heat resistant coatings market in the near future.
Heat Resistant Coatings Market segmentation:
Heat Resistant Coatings Market can be segmented on the basis of resin type, technology and end use.
By resin type, the heat resistant coatings market can be segmented into:
On the basis of manufacturing Process, heat resistant coatings market can be segmented into:
On the basis of end use, heat resistant coatings market can be segmented into:
Automotive & transportation
Building & construction
Industrial and equipment
Heat Resistant Coatings Market Regional Outlook:
The heat resistant coatings market can be divided into seven different geographical regions/divisions -- North America, Latin America, Western and Eastern Europe, Asia-Pacific Excluding Japan (APEJ), Japan, Middle East and Africa. North American and European countries have presence of all industrial and commercial sectors alongside with the existence of globally prominent players, which is a boon for the heat resistant coatings market in these regions. Rapid industrialization in the Asia Pacific region, prominently in China and India, is estimated to fuel the growth of the heat resistant coatings market. Industries and manufacturers are striving to reduce the loss of human lives in their operating plants, and with the use of heat resistant coating technology they are efficiently doing it; thus, the market is anticipated to grow in the near future. The use of heat resistant coatings in commercial equipment and flammable fluid pipelines is becoming easier and economical owing to new innovations and advancements being made in this technology. Therefore, it is expected that the heat resistant coatings market will see rapid growth in all – developed and developing countries in the future.
Heat Resistant Coatings Market: Market Participants
Some market participants in the heat resistant coatings market are:
Contego Industries, Inc.,
Satya Firotech India Pvt. Ltd.
Air Products and Chemicals, Inc.
Wacker Chemie AG
Sherwin Williams Company
Kansai Paints Co., Ltd.
RPM International Inc.
Request Customization of this Report @ https://www.persistencemarketresearch.com/request-customization/13882
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types and applications.
The report covers exhaustive analysis on:
Supply & Demand
Competition & Companies involved
Regional analysis includes:
Middle East & Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
Persistence Market Research
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Market for Heat Resistant Coatings to Record Significant Incremental Dollar Opportunity Through 2017-2025 here
News-ID: 1804042 • Views: 70
More Releases from persistencemarketresearch.com
Sales of Body & extremities aesthetic procedure Market Market to Record Stellar …
Body & extremities aesthetic procedure is a cosmetic procedures involving the lower body and extremities through surgical and medical techniques for lifting, augmentation, reduction, or improvement of a body part. Both surgical and non-surgical strategies are thought to be suitable treatment choices for individuals who need to inculcate an instant change in their appearance. Body & extremities aesthetic procedure involves removing localized collections of fatty tissue or excess skin or
Global Electricity Transmission Towers Market Market to Witness Increased Revenu …
Global Electricity Transmission Towers Market: Introduction Electricity transmission towers are units that support power carrying conductors, i.e. overhead power lines between the generating end station and the local end substation. Electricity transmission towers play a vital role in delivering power through overhead lines by structurally supporting heavy high-voltage conductors. To transmit maximum power (110 kV or above) through overhead lines, typically towers have a height varying between 15 meters and 55
Companies in the Global Suspension Arm Market Market Resorting to Product Innova …
Global Suspension Arm Market: Overview The suspension system functions to reduce and prevent the road shocks and thereby deliver smooth drive experience. Suspension arm also called as wishbone suspension or track control arm are attached to the chassis of the vehicle and the wheels via the ball joint. The suspension arm is important in steering and change of direction while driving as they absorb the forces of road acting on the
Global Automatic Transmission Fluid (ATF) Market to Offer Increased Growth Prosp …
Automatic Transmission Fluid (ATF) is a type of slippery liquid which act as a lubricant for easy movement of all moving parts inside a transmission system. Automatic transmission system is a more evolved and technically upgraded transmission system in comparison to manual transmission system as automatic transmission minuses human intervention of shifting gear with correspondence to speed. Automatic transmission system is a more complex system than manual transmission system and
More Releases for Heat
Moving from heat waste to heat recovery
The project Mitsubishi Electric Hydronics & IT Cooling Systems, through its brand Climaveneta has recently supplied two heat pumps for Fortum’s district heating in Espoo, Finland. Fortum, a Finnish energy company, will utilize waste heat from a data center and supply the heat into a district heating network. The data center belongs to Ericsson, a multinational networking and telecommunications equipment and services company based in Sweden. A win-win solution Ericsson needed more cooling
Global Automotive Heat Shield Market
The management of heat is becoming complex with the growing number of temperature-sensitive and sophisticated components in modern vehicles that have to be protected from heat. The demand of heat shielding technology has been increasing along with the number of applications in automotive industry. Minimal cooling air flows, tightly packed components, engine encapsulation, exhaust gas turbochargers and catalytic converter technology result in high temperatures within the area of the underbody,
Global Heat Pipe Heat Exchanger Market Research Report 2017
Summary This report studies Heat Pipe Heat Exchanger in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Mitsubishi Electric Corporation Nortek Air Solutions Munters Corporation Greenheck RenewAire DRI Innovative Air Solutions Reznor Zehnder America Ruskin Rooftop System Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth
Global Heat Pumps Market 2017 - Vaillant , Trane, Thermia Heat Pumps
The report entitled Global Heat Pumps Market 2017 presents key insights into the global Heat Pumps market along with the latest up-to-date industry details and forthcoming Heat Pumps industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability. Report Keynotes: The main motive of the report on "Global Heat Pumps Market 2017" is to study comprehensive details of the market
Geothermal Heat Pumps Market’s Key Threat: Air Source Heat Pumps
The global geothermal heat pumps market is driven by the rising focus of consumers on low-cost energy alternatives. Furthermore, the significant cost savings along with the environmental benefits associated with geothermal heat pumps will also drive the market. The attractive payback period associated with the installation of geothermal heat pumps in newly-built or green homes is also propelling the global geothermal heat pumps market. Another key factor driving the global
Heat Shrinkable Tubing,Heat Shrink Tubing
Yamuna Cable Accessories Ltd is a stocking distributor of premium brand specialist equipment to the Electronics, the background of our personnel includes cable accessories. The product line is dedicated to accessories and auxiliary equipment needed to manufacture cable. We use the best quality of raw materials & machines to manufacture these accessories. his in depth understanding and knowledge aids in the integration of the integration of accessories to the entire