Heat Resistant Coating Market to reach USD 10.3 Billion by 2032, Says Global Market Insights inc.
Heat Resistant Coating Industry size is expected to register 5.2% CAGR between 2024 and 2032 propelled by stringent regulatory rules and regulations.
Selbyville, Delaware, Aug. 27, 2024 (GLOBE NEWSWIRE) — Heat Resistant Coating Market is estimated to be valued at USD 10.3 billion in revenue by 2032, as per a
Asia Pacific to emerge as a lucrative market
Asia Pacific heat resistant coating market size will register a strong CAGR through 2032, attributed to rapid industrialization, urbanization, and infrastructural development in countries like China, India, and Southeast Asian nations. Stricter environmental regulations and increased focus on energy efficiency are accelerating the adoption of heat-resistant coatings in various industries. Increasing disposable incomes and changing lifestyles are further pushing the demand for more durable and heat-resistant consumer products, stimulating the regional market growth.
Heat Resistant Coating Market Participants
Some of the renowned heat resistant coating companies are AkzoNobel N.V., Tikkurila OYJ, Axalta Coating System, Basic Needs Construction and Painting Company, LLC., Teknos Group, BASF SE, Sherwin Williams Company, Hempel A/S, Right Choice Painting and Construction, Jotun, RPM International Inc.,KCC Corporation, and Kansai Paintings Co. Ltd. These firms are focusing on several growth-based strategies to widen their customer base. For instance, in May 2023 Gerdau Graphene launched new additives for the paint & coatings industry for advancing graphene-enhanced materials for industrial use.
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
CONTACT: Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: +1-888-689-0688 USA: +1-302-846-7766 Europe: +44-742-759-8484 APAC: +65-3129-7718 Email: [email protected]
