SlideShare a Scribd company logo
1 of 3
Download to read offline
Heat-Resistant Paints
Heat-resistant paints or coatings are specially manufactured to withstand extremely high temperatures for longer
durations. These paints do not degrade quickly compared to their normal counterparts and are resistant to high
temperature, heat and thermal variations. These paints are different from fire-retarded coatings, which are usually
used to protect metal surfaces. Heat-resistant paints have various industrial applications, including coatings on
barbecues, pipes, lab benches and walls, petrochemical tanks, water tanks, mufflers, silencers, boiler fronts, data
server rooms, ducts, chimney stacks, and furnaces and their piping structures.
The market for heat-resistant paints or coatings is rapidly growing as these paints provide higher protection to
walls, prevent corrosion and rust formations, resist high temperatures and offer protection from irreparable
damages. Growth in this market is mainly driven by increasing demand in Western countries, which is supported
by rising consumer incomes and availability of state-of-the-art facilities in all sectors.
With increasing competition, major companies are launching quality products. Increasing consumer preference for
better products is forcing companies to change R&D strategies. More than 1,000 patents are filed each year in this
segment.
Consistent Patent Filing Activity in the Last Six Years
Patent filing has constantly increased from 2009 to 2014, with the highest number of filings reported in 2012.
Patent Filing Trend Geographical Distribution of Patents
China
Japan
US
Korea
Europe
Taiwan
Other countries
Note: Filing data for 2013 and 2014 are not complete as all patent applications have not been published as yet
China and Japan dominate the research space, with approximately 52% and 15% of overall patents filed,
respectively, over the last six years. The large number of patent applications in China can be attributed to a strong,
booming rise in different industries.
951 993
1125
1395
1329
364
2009 2010 2011 2012 2013 2014 490
194
324
755
945
1293
4426
Top Companies Focus on Different Aspects of Heat-Resistant Paints
To tap the lucrative market for heat-resistant paints, several companies, such as Mitsubishi Corp., Sumitomo
Chemical Co., Shin Etsu Chemical Co., Hitachi Chemical Co. Ltd., Panzhihua Iron & Steel Res, and Dainippon Printing
Co. Ltd., have entered the segment. In terms of the number of patents filed, Mitsubishi Corp. leads with 130 patent
applications in the last five years, followed by Sumitomo Chemical Co.
Company
Number of Patents Filed
(2008 onwards)
Key Focus Areas
Mitsubishi Corp
130
Coating metal surfaces with heat-resistant films
and forming a heat-resistant layer
Sumitomo Chemical Co
86
Increasing resistance of outer layer of surface
coating to be used in cutting tools and combining
it with superior wear resistance and lubricity
Shin Etsu Chemical Co
75
Forming porous heat-resistant layer on electrode
or semi-conductor surfaces
Hitachi Chemical Co Ltd
71
Preparations of polyamide-imide resin insulating
paints with low permittivity and high partial
discharge inception voltage while maintaining
excellent heat resistance, mechanical
characteristics and oil resistance
Panzhihua Iron & Steel Res
52
Preparations of high-temperature protective
coating and its application methods
Source: Aranca analysis based on Thomson Innovation Data
Future Focus of Research in Heat-Resistant Paints
The global market for heat-resistant paints includes a variety of applications such as coatings on pipes, lab benches
and walls, petrochemical tanks, water tanks, mufflers, silencers, boiler fronts, data server rooms, furnaces and
their piping structures. Global sales in this market are expected to rise in line with the developments in Western
and BRICS economies. To tap the lucrative opportunity of global expansion, companies are working on advanced
research and technologies to launch superior products.
Our analysis shows that future research in this area would focus on higher chemical stability of the paints with
state-of-the-art chemical processing facilities. Some specific solutions would include the following:
 Simplified preparation methods of heat-resistant coatings
 Preparations with additional properties along with increased resistance (such as resistance to wear and
tear, and more mechanical resilience)
 Compositions for improving heat resistance and methods of applications

More Related Content

More from Aranca

Global Cryogenic Equipment Industry
Global Cryogenic Equipment IndustryGlobal Cryogenic Equipment Industry
Global Cryogenic Equipment IndustryAranca
 
China's Elevator and Escalator Market
China's Elevator and Escalator MarketChina's Elevator and Escalator Market
China's Elevator and Escalator MarketAranca
 
Global Aluminium Automotive Sheets Market
Global Aluminium Automotive Sheets MarketGlobal Aluminium Automotive Sheets Market
Global Aluminium Automotive Sheets MarketAranca
 
Indian Agro Chemical Sector
Indian Agro Chemical SectorIndian Agro Chemical Sector
Indian Agro Chemical SectorAranca
 
Chinas Luxury Market - Losing Sheen
Chinas Luxury Market - Losing SheenChinas Luxury Market - Losing Sheen
Chinas Luxury Market - Losing SheenAranca
 
Saudi Aramco IPO - A Reality of Mythical Proportions
Saudi Aramco IPO - A Reality of Mythical ProportionsSaudi Aramco IPO - A Reality of Mythical Proportions
Saudi Aramco IPO - A Reality of Mythical ProportionsAranca
 
Fatca high cost initiative to curb tax evasion
Fatca high cost initiative to curb tax evasionFatca high cost initiative to curb tax evasion
Fatca high cost initiative to curb tax evasionAranca
 
Winning shelf space private labels or fmcg brands
Winning shelf space private labels or fmcg brandsWinning shelf space private labels or fmcg brands
Winning shelf space private labels or fmcg brandsAranca
 
The disruptive power of virtual currency
The disruptive power of virtual currencyThe disruptive power of virtual currency
The disruptive power of virtual currencyAranca
 
Obamacare - Sectoral Winners and Losers
Obamacare - Sectoral Winners and LosersObamacare - Sectoral Winners and Losers
Obamacare - Sectoral Winners and LosersAranca
 
Therapeutic Vaccines for Alzheimer’s — Are We Close Enough?
Therapeutic Vaccines for Alzheimer’s — Are We Close Enough?Therapeutic Vaccines for Alzheimer’s — Are We Close Enough?
Therapeutic Vaccines for Alzheimer’s — Are We Close Enough?Aranca
 
Indian Telecom Tower Industry - Aranca Research
Indian Telecom Tower Industry - Aranca ResearchIndian Telecom Tower Industry - Aranca Research
Indian Telecom Tower Industry - Aranca ResearchAranca
 
Rise of Virtual Reality (VR)
Rise of Virtual Reality (VR)Rise of Virtual Reality (VR)
Rise of Virtual Reality (VR)Aranca
 
Insurance Industry is Going to Soar in the GCC
Insurance Industry is Going to Soar in the GCCInsurance Industry is Going to Soar in the GCC
Insurance Industry is Going to Soar in the GCCAranca
 
Evolution of Powered Exoskeletons
Evolution of Powered ExoskeletonsEvolution of Powered Exoskeletons
Evolution of Powered ExoskeletonsAranca
 
Contactless Cards Growing in Popularity in the UK
Contactless Cards Growing in Popularity in the UKContactless Cards Growing in Popularity in the UK
Contactless Cards Growing in Popularity in the UKAranca
 
Alloy Wheel Market in India Growing Due to High-end Passenger Vehicle Variants
Alloy Wheel Market in India Growing Due to High-end Passenger Vehicle VariantsAlloy Wheel Market in India Growing Due to High-end Passenger Vehicle Variants
Alloy Wheel Market in India Growing Due to High-end Passenger Vehicle VariantsAranca
 
Future of Global Telecom Industry
Future of Global Telecom IndustryFuture of Global Telecom Industry
Future of Global Telecom IndustryAranca
 
5G — Ushering a New Era in Communications
5G — Ushering a New Era in Communications5G — Ushering a New Era in Communications
5G — Ushering a New Era in CommunicationsAranca
 
Global managed security services market 2016
Global managed security services market 2016Global managed security services market 2016
Global managed security services market 2016Aranca
 

More from Aranca (20)

Global Cryogenic Equipment Industry
Global Cryogenic Equipment IndustryGlobal Cryogenic Equipment Industry
Global Cryogenic Equipment Industry
 
China's Elevator and Escalator Market
China's Elevator and Escalator MarketChina's Elevator and Escalator Market
China's Elevator and Escalator Market
 
Global Aluminium Automotive Sheets Market
Global Aluminium Automotive Sheets MarketGlobal Aluminium Automotive Sheets Market
Global Aluminium Automotive Sheets Market
 
Indian Agro Chemical Sector
Indian Agro Chemical SectorIndian Agro Chemical Sector
Indian Agro Chemical Sector
 
Chinas Luxury Market - Losing Sheen
Chinas Luxury Market - Losing SheenChinas Luxury Market - Losing Sheen
Chinas Luxury Market - Losing Sheen
 
Saudi Aramco IPO - A Reality of Mythical Proportions
Saudi Aramco IPO - A Reality of Mythical ProportionsSaudi Aramco IPO - A Reality of Mythical Proportions
Saudi Aramco IPO - A Reality of Mythical Proportions
 
Fatca high cost initiative to curb tax evasion
Fatca high cost initiative to curb tax evasionFatca high cost initiative to curb tax evasion
Fatca high cost initiative to curb tax evasion
 
Winning shelf space private labels or fmcg brands
Winning shelf space private labels or fmcg brandsWinning shelf space private labels or fmcg brands
Winning shelf space private labels or fmcg brands
 
The disruptive power of virtual currency
The disruptive power of virtual currencyThe disruptive power of virtual currency
The disruptive power of virtual currency
 
Obamacare - Sectoral Winners and Losers
Obamacare - Sectoral Winners and LosersObamacare - Sectoral Winners and Losers
Obamacare - Sectoral Winners and Losers
 
Therapeutic Vaccines for Alzheimer’s — Are We Close Enough?
Therapeutic Vaccines for Alzheimer’s — Are We Close Enough?Therapeutic Vaccines for Alzheimer’s — Are We Close Enough?
Therapeutic Vaccines for Alzheimer’s — Are We Close Enough?
 
Indian Telecom Tower Industry - Aranca Research
Indian Telecom Tower Industry - Aranca ResearchIndian Telecom Tower Industry - Aranca Research
Indian Telecom Tower Industry - Aranca Research
 
Rise of Virtual Reality (VR)
Rise of Virtual Reality (VR)Rise of Virtual Reality (VR)
Rise of Virtual Reality (VR)
 
Insurance Industry is Going to Soar in the GCC
Insurance Industry is Going to Soar in the GCCInsurance Industry is Going to Soar in the GCC
Insurance Industry is Going to Soar in the GCC
 
Evolution of Powered Exoskeletons
Evolution of Powered ExoskeletonsEvolution of Powered Exoskeletons
Evolution of Powered Exoskeletons
 
Contactless Cards Growing in Popularity in the UK
Contactless Cards Growing in Popularity in the UKContactless Cards Growing in Popularity in the UK
Contactless Cards Growing in Popularity in the UK
 
Alloy Wheel Market in India Growing Due to High-end Passenger Vehicle Variants
Alloy Wheel Market in India Growing Due to High-end Passenger Vehicle VariantsAlloy Wheel Market in India Growing Due to High-end Passenger Vehicle Variants
Alloy Wheel Market in India Growing Due to High-end Passenger Vehicle Variants
 
Future of Global Telecom Industry
Future of Global Telecom IndustryFuture of Global Telecom Industry
Future of Global Telecom Industry
 
5G — Ushering a New Era in Communications
5G — Ushering a New Era in Communications5G — Ushering a New Era in Communications
5G — Ushering a New Era in Communications
 
Global managed security services market 2016
Global managed security services market 2016Global managed security services market 2016
Global managed security services market 2016
 

Recently uploaded

PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationAnamaria Contreras
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchirictsugar
 
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / NcrCall Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncrdollysharma2066
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCRashishs7044
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Riya Pathan
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Pereraictsugar
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?Olivia Kresic
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis UsageNeil Kimberley
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Anamaria Contreras
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCRashishs7044
 
Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...
Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...
Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...ShrutiBose4
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxMarkAnthonyAurellano
 
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadIslamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadAyesha Khan
 
IoT Insurance Observatory: summary 2024
IoT Insurance Observatory:  summary 2024IoT Insurance Observatory:  summary 2024
IoT Insurance Observatory: summary 2024Matteo Carbone
 

Recently uploaded (20)

PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement Presentation
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchir
 
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / NcrCall Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Perera
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR
 
Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...
Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...
Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
 
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadIslamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
 
IoT Insurance Observatory: summary 2024
IoT Insurance Observatory:  summary 2024IoT Insurance Observatory:  summary 2024
IoT Insurance Observatory: summary 2024
 

Heat-Resistant Paints Market on Exciting Growth Path | Aranca Patent Watch

  • 1. Heat-Resistant Paints Heat-resistant paints or coatings are specially manufactured to withstand extremely high temperatures for longer durations. These paints do not degrade quickly compared to their normal counterparts and are resistant to high temperature, heat and thermal variations. These paints are different from fire-retarded coatings, which are usually used to protect metal surfaces. Heat-resistant paints have various industrial applications, including coatings on barbecues, pipes, lab benches and walls, petrochemical tanks, water tanks, mufflers, silencers, boiler fronts, data server rooms, ducts, chimney stacks, and furnaces and their piping structures. The market for heat-resistant paints or coatings is rapidly growing as these paints provide higher protection to walls, prevent corrosion and rust formations, resist high temperatures and offer protection from irreparable damages. Growth in this market is mainly driven by increasing demand in Western countries, which is supported by rising consumer incomes and availability of state-of-the-art facilities in all sectors. With increasing competition, major companies are launching quality products. Increasing consumer preference for better products is forcing companies to change R&D strategies. More than 1,000 patents are filed each year in this segment. Consistent Patent Filing Activity in the Last Six Years Patent filing has constantly increased from 2009 to 2014, with the highest number of filings reported in 2012. Patent Filing Trend Geographical Distribution of Patents China Japan US Korea Europe Taiwan Other countries Note: Filing data for 2013 and 2014 are not complete as all patent applications have not been published as yet China and Japan dominate the research space, with approximately 52% and 15% of overall patents filed, respectively, over the last six years. The large number of patent applications in China can be attributed to a strong, booming rise in different industries. 951 993 1125 1395 1329 364 2009 2010 2011 2012 2013 2014 490 194 324 755 945 1293 4426
  • 2. Top Companies Focus on Different Aspects of Heat-Resistant Paints To tap the lucrative market for heat-resistant paints, several companies, such as Mitsubishi Corp., Sumitomo Chemical Co., Shin Etsu Chemical Co., Hitachi Chemical Co. Ltd., Panzhihua Iron & Steel Res, and Dainippon Printing Co. Ltd., have entered the segment. In terms of the number of patents filed, Mitsubishi Corp. leads with 130 patent applications in the last five years, followed by Sumitomo Chemical Co. Company Number of Patents Filed (2008 onwards) Key Focus Areas Mitsubishi Corp 130 Coating metal surfaces with heat-resistant films and forming a heat-resistant layer Sumitomo Chemical Co 86 Increasing resistance of outer layer of surface coating to be used in cutting tools and combining it with superior wear resistance and lubricity Shin Etsu Chemical Co 75 Forming porous heat-resistant layer on electrode or semi-conductor surfaces Hitachi Chemical Co Ltd 71 Preparations of polyamide-imide resin insulating paints with low permittivity and high partial discharge inception voltage while maintaining excellent heat resistance, mechanical characteristics and oil resistance Panzhihua Iron & Steel Res 52 Preparations of high-temperature protective coating and its application methods Source: Aranca analysis based on Thomson Innovation Data Future Focus of Research in Heat-Resistant Paints The global market for heat-resistant paints includes a variety of applications such as coatings on pipes, lab benches and walls, petrochemical tanks, water tanks, mufflers, silencers, boiler fronts, data server rooms, furnaces and their piping structures. Global sales in this market are expected to rise in line with the developments in Western
  • 3. and BRICS economies. To tap the lucrative opportunity of global expansion, companies are working on advanced research and technologies to launch superior products. Our analysis shows that future research in this area would focus on higher chemical stability of the paints with state-of-the-art chemical processing facilities. Some specific solutions would include the following:  Simplified preparation methods of heat-resistant coatings  Preparations with additional properties along with increased resistance (such as resistance to wear and tear, and more mechanical resilience)  Compositions for improving heat resistance and methods of applications