Europe High Temperature Coatings market report gives comprehensive outlook on High Temperature Coatings across the globe with special emphasis on key countries such as Germany, France, U.K, Italy, Spain, Russia, Poland and Rest of Europe. The report on Europe market gives historical, current, and future market sizes (US$ Mn) on the basis of Coating Technology, Resin Type, End User and region. This report studies Europe market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
Some of the key factors that are responsible for market growth include increasing demand for high temperature coatings in developing countries, rising application of these coatings in automotive, technological improvements and substantial R&D spending. In addition, the opportunities for the high temperature coatings industry are leveraging technology requirements and rules in higher value sectors and targeting current as well as possible markets where high temperature coatings can be used. The increasing demand for acrylic based water-borne coatings is additional key trend in the market as they provide better performance, easy handling, and low VOC emission. The increase in the popularity of this product is due to certain advantages such as excellent aesthetic maintenance, high processability, and better productivity. The increasing popularity and demand for water-borne high-temperature coatings will present immense growth opportunities for the Europe high-temperature coatings market. Europe High Temperature Coatings market is surging owing to frequent acquisitions and launchings by the market players. For instance, Axalta Coating Systems launched its new collection of Tufcote protective rail car coatings for the industrial rail car and transportation industry. The product line includes easy-to-apply, high-build coatings that deliver superior protection.