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U.S. High Temperature Coatings Market Is Predicted To Reach A Valuation Of US$ 1.69 Billion By 2032

The market for high Temperature Coatings in the United States is anticipated to reach an estimated value of US$ 1,691.7 Million by the end of 2032, growing at an amazing CAGR of 3.3% over the forecast period of 2022–2032. Between 2017 and 2021, the market in the United States grew at a rate of 2.0%. Due to opportunities in heat resistant coatings in the upcoming years, the industry is projected to grow.

The offshore sector continues to rule the oil and gas sector. A direct correlation exists between the expansion of offshore oil and gas units and the demand for heat resistant coatings. Key companies in the high Temperature Coatings Market are focusing a lot of their time and energy on meeting offshore oil and gas sector demand because it offers the potential for the most growth.

While applications such as high Temperature pipes, stack flares, pumps, and heat exchangers etc. dominate overall adoption of coatings in offshore applications, the market is likely to provide lucrative opportunities in the adoption of heat resistant coatings in coming future years.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7400?PS

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐟𝐫𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲

• The high temperature coatings market in the United States is valued at US$ 1,216.9 Million in 2022, projected to expand at CAGR of 3.3%, to exceed the valuation of US$ 1,691.7 Million by the end of 2032
• During the historic years 2017-2021, the high temperature coatings market witnessed 2.0% growth rate
• Silicone segment under type leads the market by holding 22.6% market share in United States high temperature coatings market and is projected to register 3.6% growth rate in forecast years
• Water-based technology in technology segment holds the largest market share of 71.8% and is projected to rise at the rate of 3.2% over the assessment period
• Steel coating holds the largest market share of 58.9% share in the overall market as compared to aluminum and others segment that holds 27.5% and 13.6% market shares

South-West US dominates the market under regions as it holds a 27.2% share in the overall market and is projected to rise at the rate of 3.9%
West US and South-West US together hold 52.5% share in the United States market share

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

𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭

Market players in the high temperature coatings market are focusing on product diversification as a winning strategy to enhance their market presence. They are carrying out acquisition and collaborative activities and are looking to capture contracts for major utility projects to provide better and improved coating solutions.

Prominent players in the United States high temperature coatings market are introducing innovative offerings that can protect products and components against corrosion and resistance. Furthermore, market players are acquiring other prominent companies to diversify and expand their product portfolios to accelerate growth and expand their market access.

Axalta Coating Systems agreed to acquire U-POL Holdings Limited in 2021. The acquisition of leading manufacturers of refinishing and repair products, which are majorly used in aftermarket and refinish protective applications, will accelerate the growth of the company.
Carboline introduced Plasite XHT 400 in 2020, which is a heat-resistant lining providing long-term protection for fire tubes. This formulation is designed to protect vessel surfaces and fire tubes in hot conditions.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7400?PS

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.

𝐌𝐨𝐫𝐞 𝐕𝐚𝐥𝐮𝐚𝐛𝐥𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬

Fact.MR, in its new offering, presents an unbiased analysis of the US high temperature coatings market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

Contact:

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Rockville, Md 20852
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This post first appeared on Newstrail.com, please read the originial post: here

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U.S. High Temperature Coatings Market Is Predicted To Reach A Valuation Of US$ 1.69 Billion By 2032

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