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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.
China
Japan
1125
951
4426
1329
1293
993
US
945
755
Korea
364
Europe
Taiwan
2009
2010
2011
2012
2013
2014
Other countries
324
194
490
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.
130
Mitsubishi Corp
86
75
Sumitomo Chemical Co
71
Hitachi Chemical Co Ltd
52
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:
Preparations with additional properties along with increased resistance (such as resistance to wear and
tear, and more mechanical resilience)