Global Intumescent Coatings Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026
MarketResearch.biz delivers in-depth insights on the global Epoxy resin in its upcoming report titled, “Global Intumescent Coatings Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global epoxy resin is estimated to register a CAGR of XX.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global intumescent coatings market report has been segmented on the basis of technology, application, end-user industry, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Intumescent coatings also known as intumescent paint, are used in buildings and infrastructure sector as a passive fire resistance measure. Intumescent product is a fire stopping pillow or putty that is used to protect openings from fire. Intumescent coatings expand significantly when exposed to high temperatures, as intumescent expands it becomes much less dense, and act as an insulator that keeps fire away from structural members or protected openings. Intumescent coating can also be applied to structural members as an aesthetically fireproofing material.
Rapid development in construction sector in developing countries is a major factor driving growth of the global intumescent coatings market. In addition, increasing oil & gas exploration and extraction projects across the globe is another factor expected to fuel growth of the global market to a significant extent over the forecast period. Moreover, increasing adoption of intumescent coating from various industries such as aerospace and automotive is another factor propelling growth of the global market.
Stringent government regulations on use of volatile organic compounds and high cost are major factors hampering growth intumescent coatings market. Increasing spending for fire proofing commercial and residential buildings across the globe is another factor fueling growth of the global market.
The Asia Pacific market dominates the global intumescent coatings market in terms of revenue and is expected to maintain its dominance over the forecast period. The Asia Pacific intumescent coatings market is expected to witness highest growth in the global market and is projected to register a CAGR of XX.X% over the next 10 years. The North America intumescent coatings market accounts for significant share in terms of revenue in the global market. Stringent safety regulations and advancement in oil & gas industry are major factors driving growth of the North America intumescent coatings market. The Europe market accounts for considerable share in terms of revenue in the global market. The Europe intumescent coatings market is expected to witness significant growth and is expected to register a CAGR of X.X% over the forecast period.
Global intumescent coatings market segmentation:
Segmentation on the basis of technology:
- Solvent borne
Segmentation on the basis of application:
Segmentation on the basis of end-use industry:
- Oil & Gas
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- BASF SE
- PPG Industries
- Akzonobel N.V.
- RPM International Inc.
- The Sherwin-Williams Company
- Jotun Group
- Contego International Inc.
- Albi Manufacturing
- Flame Control Coatings, LLC.
- Wacker Chemie AG
- Hempel Marine Paints
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