Press release
Gas Applications to Support Growth of U.S. High Temperature Coatings Market Fact.MR
The U.S. high-temperature coatings market is estimated to US DOLLARS$ 1,216.9 Million in 2022, exceed the valuation of US DOLLARS$ 1,691.7 Million by the end of 2032, expanding at an impressive CAGR of 3.3% over the forecast years 2022-2032. The market in the United States registered 2.0% growth rate during the period 2017-2021. The market is likely to grow due to the opportunities in heat resistant coatings in the coming years.The offshore sector maintains its dominance in the oil and gas industry. The demand for heat resistant coatings has increased in line with the growth of offshore oil and gas units. The major players in the high temperature coatings market are devoting their considerable time and attention to satisfying the demand of the offshore oil and gas sector as it could be a lucrative use case for years to come.
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Key insights from market research
The United States High Temperature Coatings Market is valued at US DOLLARS$ 1,216.9 million in 2022, is expected to grow to the CAGR of 3.3%exceed the valuation of US DOLLARS$ 1,691.7 million end of 2032
During the historical years 2017-2021, the high temperature coatings market witnessed 2.0% Rate of growth
The sub-type silicones segment dominates the market by holding 22.6% market share in the high temperature coatings market in the United States and is expected to register 3.6% growth rate in forecast years
Water-based technology in the technology segment holds the largest market share of 71.8% and should increase at the rate of 3.2% over the evaluation period
Steel cladding holds the largest market share of 58.9% share of the overall market compared to the aluminum and other segment which holds 27.5% and 13.6% market shares
The Southwest United States dominates the market sub-regions as it holds 27.2% share of the overall market and is expected to increase at the rate of 3.9%
US West and US Southwest hold together 52.5% market share in the United States
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Report Attributes Details
U.S. High Temperature Coatings Market Size (2021A) US$ 1.18 Billion
Estimated Market Value (2022E) US$ 1.22 Billion
Forecasted Market Value (2032F) US$ 1.69 Billion
U.S. Market Growth Rate (2022-2032) 3.3% CAGR
South-West U.S. Market Share (2021) ~27.2%
South-West U.S. Growth Rate (2022-2032) ~3.9% CAGR
Market Share of Top 5 Companies ~47%
Key Companies Profiled
Axalta Coating Systems
Carboline
General Magnaplate Corporation
Magnetic Component Engineering, Inc.
Master Bond, Inc.
PPG Industries, Inc.
The Princeton Keynes Group, Inc.
Tech Spray
The Sherwins-Williams Company
The Valspar Corporation
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Segmentation of U.S. High Temperature Coatings Industry Research
U.S. High Temperature Coatings Market by Type :
Silicone High Temperature Coatings
Acrylic Silicone
Aluminum Pigmented Silicone
Epoxy High Temperature Coatings
Epoxy Novolac High Temperature Coatings
Aluminum High Temperature Coatings
Polyurethane High Temperature Coatings
Perfluoroalkoxy Alkane High Temperature Coatings
PPS High Temperature Coatings
PTFE High Temperature Coatings
Others
U.S. High Temperature Coatings Market by Technology :
Water-based High Temperature Coatings
Solvent-based High Temperature Coatings
Solid-based High Temperature Coatings
U.S. High Temperature Coatings Market by Component :
Single Component
Two Components
Multiple Components
U.S. High Temperature Coatings Market by Coating Surface :
Steel High Temperature Coatings
Aluminum High Temperature Coatings
Others
U.S. High Temperature Coatings Market by Curing Mechanism :
Ambient-cured High Temperature Coatings
Heat-cured High Temperature Coatings
UV-cured High Temperature Coatings
Solvent-cured High Temperature Coatings
U.S. High Temperature Coatings Market by Use Case :
New Construction
Repair-Rehabilitation
U.S. High Temperature Coatings Market by Surface Temperature Range :
300°F-500°F
500°F-700°F
700°F-900°F
900°F-1100°F
1100°F-1300°F
1300°F-1500°F
1500°F-2000°F
2000°F-2500°F
2500°F-3000°F
3000°F-3200°F
U.S. High Temperature Coatings Market by Application :
Oil & Gas Industry
Onshore
Pumps
Stacks
Flares
High Temperature Pipes
Heat Exchangers
Others
Offshore
Chimney Stacks
Flare Stacks
Steam Pipes
Single-Cavity Blowout Preventers
Heat Exchangers
Sub Sea Coolers
Others
Water & Waste Water Treatment
Boilers
Steam Pipes
Heat Exchangers
Plate Exchangers
Shell & Tube Heat Exchangers
Marine Industry
Marine Boilers
Engines
Reactor Compartments
Exhausts
Others
Mining Industry
Power Generation Industry
Petrochemical Industry
High Pressure Pumps & Vessels
Pumping Stations
Metering Pumps
High Temperature Liquid Transfer Pumps
Centrifugal Pumps
Flare
Stack
Others
Chemical Industry
Boilers
Reactor & Other Processing Equipment
Tanks & Vessels
Steam Lines
High Temperature Solvent Transfer Lines
Threaded Connectors
Others
Aerospace Industry
Jet Pipe Interiors
Jet Engines
Nose Cowl Inlets
Turbines
Vents
Bushing
Rotary Joints
Cams
Others
Foundry & Refractories
U.S. High Temperature Coatings Market by Region :
West U.S.
South-West U.S.
Mid-West U.S.
North-East U.S.
South-East U.S.
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