Consumption of high temperature coatings across Europe is estimated to reach a value of US$ 2.15 billion by the end of 2032, up from US$ 1.46 billion at present, expanding at a CAGR of 3.9% during the forecast years of 2022-2032.
The Europe high temperature coatings market size is expected to grow steadily due to factors such as escalating demand for high temperature coatings in the petrochemical industry and for foundry & refractory applications. Additionally, investments in research & development to introduce innovative coatings coupled with application-centric offerings will support market growth over the assessment period.
Over the next ten years, the European market for high temperature coatings is poised to generate an absolute dollar opportunity worth US$ 691.1 million.
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Competitive Landscape
Companies are also investing their resources into developing new protective coatings for electronic equipment from extreme temperature changes and rust.
These strategies, along with acquisitions and product portfolio expansion, are set to provide market players with a larger market pie share over the years ahead.
For instance :
- AkzoNobel N.V. completed the acquisition of Grupo Orbis in 2022. The acquisition of a paints and coatings company based in Colombia is likely to strengthen the position of AkzoNobel in Latin America.
- Hempel A/S acquired Farrow & Ball in 2021. It is an iconic decorative paint and wallpaper company, and this acquisition is to support the growth ambition of the company within the decorative segment.
Fact.MR has provided detailed information about the price points of key manufacturers of high temperature coatings positioned across countries in Europe, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Europe High Temperature Coatings Industry Research by Category
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Europe 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
- Silicone High Temperature Coatings
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Europe High Temperature Coatings Market by Technology :
- Water-based High Temperature Coatings
- Solvent-based High Temperature Coatings
- Solid-based High Temperature Coatings
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Europe High Temperature Coatings Market by Component :
- Single Component
- Two Components
- Multiple Components
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Europe High Temperature Coatings Market by Coating Surface :
- Steel
- Aluminum
- Others
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Europe 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
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Europe High Temperature Coatings Market by Use Case :
- New Construction
- Repair-Rehabilitation
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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
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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
- Aerospace Industry
- Jet Pipes Interiors
- Jet Engines
- Nose Cowl Inlets
- Turbines
- Vents
- Bushing
- Rotary Joints
- Cams
- Others
- Foundry & Refractories
- Oil & Gas Industry
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Europe High Temperature Coatings Market by Country :
- Germany
- Italy
- France
- Spain
- U.K.
- NORDICS
- BENELUX
- Rest of Europe