The market for heat-resistant paints or coatings is rapidly growing globally. 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. Read this patent watch article to find more.
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