High Temperature Coatings are advanced material systems due to which high temperature materials can be used at even higher temperatures. High temperature coatings have been in demand since the advent of gas turbine engines. The reliability and life expectancy of these coatings are paramount in the determination of the service life of the surface in question. The forecast period of the report is 2016-2021.
The report segments high temperature coatings market on the bases of coating surface type, coating processes, end user industry and by geography. Coating surfaces may vary from superalloys and ceramics to refractory materials and intermetallic materials. Coating processes are broadly divided into PVD, sputtering, thermal spray processes and diffusion coating processes. End user industries are a major factor for the potential of high temperature coatings market. With aerospace industry and nuclear energy industry leading the charge, this market faces an expanding horizon. The other segments on the basis of end user industry include defense, automotive, chemicals, cookware and fireproofing industry.
When we take a geographical approach to the high temperature coatings market, it becomes evident that the U.S. is the major consumer of this market, owing to the popularity of power sports and leading to a 40% share of the Americas in the market. APAC comes second on account of developing economies such as India and China running their extensive space programs. Europe stands third in the market revenue shares, while RoW is a distant fourth.
The high temperature coatings market is dominated by companies include:
- Akzo Nobel Inc. (The Netherlands)
- PPG Industries Inc. (The U.S.)
- Aremco GmbH (Austria)
- Dupont USA LLC (The U.S.)
- Belzona International Ltd. (UK)
High temperature coatings market is fairly consolidated with big companies holding considerable portions of the market revenue.
Apart from the above, there are other companies which hold a considerable share in the market. These include:
- Carboline Company (The U.S.)
- Jet Hot LLC (The U.S.)
- Wacker Chemie AG (Germany)