Valuation Of Europe High Temperature Coatings Is Anticipated To Surpass US$ 2.15 Billion By 2032
The petrochemical sector has progressively increased its use of high temperature coatings over time. The primary market enabler for increased adoption is covering high-pressure pumps and vessels. Pumps used in the petrochemical sector must have protective coatings since they operate at extremely high temperatures.
Strong protective coatings are essential for long-term durability because the industry’s operations inevitably include hot oils and gases. In the petrochemical industry, high-temperature coatings are crucial for extending the life of high-pressure pumps and vessels and so boosting demand.
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Under the type segment, the European high temperature coatings market is divided into silicone, epoxy, epoxy novolac, aluminium, polyurethane, perfluoroalkoxy alkane, PPS, PTFE, and other materials.
One of them, silicone high temperature coatings, currently holds a market share of 22.6% and is expected to grow at a rate of 4.4% over the next ten years. In Europe, the high temperature coatings markets in Germany and Russia account for 25.8% and 15.2% of the market share, respectively. During the forecast years, these two markets are expected to expand at rates of 3.7% and 4.4%, respectively.
Key Companies Profiled
- AkzoNobel N.V.
- Beckers Group
- Special Technologies, LLC
- Hempel A/S
- Chemo International Ltd.
- Jotun A/S
- Weilburger Coatings GmbH
- TEKNOS
- Elsevier GmbH
- Wacker Chemie AG
- Axalta Coating Systems GmbH
Country-wise Insights
In Europe, the high-temperature coatings markets in Germany and Russia account for 25.8% and 15.2% of the market share, respectively. During the forecast years, these two markets are expected to expand at rates of 3.7% and 4.4%, respectively.
It is projected that growing petrochemical and chemical industries, together with the growth of associated industries, will increase demand for high-temperature coatings for widespread use in a variety of end-use industries.
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Europe High-Temperature Coatings Industry Research by Category
- 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
- Silicone High Temperature Coatings
- By Technology :
- Water-based High Temperature Coatings
- Solvent-based High Temperature Coatings
- Solid-based High Temperature Coatings
- By Component :
- Single Component
- Two Components
- Multiple Components
- By Coating Surface :
- Steel
- Aluminum
- Others
- By Curing Mechanism :
- Ambient-cured High-Temperature Coatings
- Heat-cured High Temperature Coatings
- UV-cured High Temperature Coatings
- Solvent-cured High Temperature Coatings
- By Use Case :
- New Construction
- Repair-Rehabilitation
- Europe 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
- Europe 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 Preventer
- Heat Exchangers
- Sub Sea Coolers
- Others
- Onshore
- Water & Wastewater 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
- Flares
- Stacks
- Others
- Chemical Industry
- Boilers
- Reactors & Other Processing Equipment
- Tanks & Vessels
- Steam Lines
- High Temperature Solvent Transfer Lines
- Threaded Connectors
- Others
- Oil & Gas Industry
The study further identifies major manufacturing trends, technologies that will be commercialized
- Key manufacturing trends in end-use industries;
- New technologies used in a variety of application areas
- Key manufacturing trends in end-use industries
- New technologies used in a variety of application areas; Major economic shocks, such as the recent COVID-19 pandemic
- Country markets that will emerge as hotbeds of opportunity;
- Regulatory frameworks that will shape the strategies of key players in key regions in the Europe High-Temperature Coatings Chemicals market
- Key technological trends and the likely rate of commercialization of novel technologies in key industries and allied industries
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