HIGH TEMPERATURE COATINGS MARKET ANALYSIS

Market News

Key takeaways of the market

• In February 2019, PPG Industries expanded its high temperature resistance coatings line with the introduction of PPG Hi-Temp 900 coating. This new product is launched to minimize the operation cost associated with corrosion under insulation in refineries and petrochemical industries.
• In April 2018, Axalta Coating Systems established a new high as well as low temperature coating plant in Gujarat India. The addition of this new facility doubled company’s coating production capacity to meet the increasing demand from commercial vehicle & industrial segment.
• In July 2017, Axalta Coating Systems launched high temperature & corrosion resistance internal pipe coating. This new product is able to provide an economic alternative in order to protect internal surface of pipelines in oil & gas industries.
• In February 2017, Jotun A/S launched high temperature coating named Jotatemp 1000 ceramic to meet rising demand from hydrocarbon industries. This product is easy to apply, can sustain up to 1000 degree Celsius and offer excellent corrosion, heat & fire resistance.