A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Low
Temperature Coatings
Market. The
study, titled “Low
Temperature Coatings Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
Low-temperature
coatings are coatings that are designed to provide protection against
corrosion at lower temperatures. These coatings cannot withstand high
temperature. They are basically a synthetic catalyst with self-cross
linked, super-weathering resistant resin as a carrier. They are
specifically useful for operating at low temperatures. These coatings
increase the adhesiveness of a coating and strengthen its rate of
action.
Demand
for low-temperature coatings has been increasing across various
applications with the growing trend toward reducing the process and
curing temperatures. This is expected to act as a major driver for
the market. Low-temperature coatings have the ability to cure down to
0°C (32°F). These are two-component epoxy coatings, which are
specially used for different applications in cold climate. The actual
performance and flexibility of low-temperature coatings are observed
only at low temperatures.
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Market Research Report @
Powder
coating is one type of low-temperature coating that is primarily used
for industrial purpose. Polyurethanes, epoxies, and tungsten carbide
are used for developing low-temperature coatings. There are several
other raw materials that are employed for developing of
low-temperature coatings. Now-a-days, companies are conducting
vigorous research to develop coatings with better adhesion and
corrosion protection. Constant upgrade has been carried out by
various manufacturers for strengthening their position in the market.
Presently, manufacturers are facing major challenges, due to changes
in designs of working in different companies. High investment and
funding are required for development of low-temperature coatings,
especially in unique forms such as nano-coatings and self-healing,
low-temperature coatings.
Based
on application, the low-temperature coatings market can be segmented
into three major segments viz. architecture, oil & gas, and
consumer goods. In the oil & gas industry, low-temperature
coatings are employed for coating the oil and gas pipelines to
prevent corrosion of their inner part. According to the surrounding
where a pipeline is placed (underwater, underground, or above the
ground), a coating is formulated to provide internal as well as
external, long-term durability. Low-temperature coatings are also
applied on wheels, grills, bumpers, doors, and exterior automotive
parts. The architecture segment held a major share of the
low-temperature coatings market in 2015, and is anticipated to expand
at a rapid pace during the forecast period. Growing construction
industry in developing countries in Asia Pacific such as China and
India is anticipated to boost the demand for low-temperature coatings
in the region. Various regulations imposed by organizations such as
REACH and RoHS regarding VOC emissions are anticipated to increase
the demand for low-temperature coatings in different industries.
Based
on region, the global low-temperature coatings market has been
segmented into North America, Europe, Asia Pacific, Latin America,
and Middle East & Africa. North America held a major share of the
global low-temperature coatings market in terms of volume in 2015,
followed by Europe and Asia Pacific. Since North America and Europe
are regions with low temperature, these coatings are used to a great
extent in these regions. The U.S., France, and Germany are among the
top countries engaged in the research and development of
low-temperature coatings. However, the strict regulatory scenario in
North America is restraining the growth of the low-temperature
coatings market in the region. Manufacturers of low-temperature
coatings in North America are making efforts to develop more
eco-friendly products and reduce the potential health hazards.
Get
accurate market forecast and analysis on the Low Temperature Coatings
market. Request a sample to stay abreast on the key trends impacting
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Key
manufacturers of low-temperature coatings across the globe are E. I.
DuPont de Nemours and Company, PPG Industries Inc., The Valspar
Corporation, Axalta Coating Systems, Bowers Industrial, Tulip Paints,
Platinum Phase SDN BHD, VITRACOAT America Inc., Forrest Technical
Coatings, and Specialty Polymer Coatings Inc.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
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of quantitative forecasting and trends analysis provides
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and analyze information.
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data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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