Abstract: The present invention provides a refractory coating composition comprising:(i) 100 parts by weight of a hydraulic cement,(ii) 3 to 50 parts by weight of a re-emulsion type powdery resin,(iii) 50 to 600 parts by weight of a mixture of 15 to 85% by weight of aluminum hydroxide powder and 85 to 15% by weight of carbonate decomposable at a temperature of 300.degree. to 1000.degree. C., and(iv) 20 to 300 parts by weight of a lightweight aggregate having open cells at a ratio of at least 50% based on the total cells.