High Temperature coatings or HTCs are used to protect the systems which subjected to high temperature conditions on a regular basis. They are designed to withstand temperatures from 150OC to 800OC. The use of HTCs helps in reducing heat losses, keep corrosion under insulation (CUI) in check, reduce thermal fatigue and maintain efficiency. CUI is the petrochemical industry’s worst complication. It occurs when moisture seeps into the insulation and the high temperature condition is optimal for corrosion. The application of HTCs helps keep the effect of moisture to a minimum and subsequently translates into energy and cost savings.
Low consumer awareness in medium and small scale industries about high temperature corrosion risks is a major challenge for market players. Moreover, raw material availability is dependent upon the oil industry.
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Liquid Coatings, either hand applied or sprayed is losing its market, though, it is preferred over powder coatings when specialized paint colors and tolerances are required. Powder coatings offer better durability, toughness and have the environmental advantage of not having any solvents or VOCs.
Epoxy phenolic coatings have high heat and chemical resistance are widely used as coatings in refineries, power generation and secondary containment. Silicone coatings can withstand high temperatures over 550OC. Polyesters tapes are used for masking applications in high temperature equipment. Acrylic coatings offer decorative properties such as color retention and gloss. They hold the largest market share in the HTC market.
High Temperature Coatings Market Taxonomy
On basis of Coating Technology
Others (Laser, Radiation-cured etc.)
On basis of Resin type
The key players in this market include Jotun A/S, Aremco, AkzoNobel N.V., Hempel, Belzona International Ltd., The Sherwin-Williams Company, PPG Industries Inc., The Valspar Corporation, Whit ford, Weilburger Coatings GmbH, Axalta Coating Systems, Carboline, Chemco International Ltd.
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