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Intumescent Coatings Market Size, Share, Trends, Analysis By Forecast Period | 2024-2032
Intumescent Coatings Market Overview and Growth Projections
The global intumescent coatings market size was valued at USD 1.12 billion in 2021 and is projected to reach USD 1.94 billion by 2030 at a CAGR of 5.67% from 2022 to 2030.
The latest Global Intumescent Coatings Market by straits research provides an in-depth analysis of the Intumescent Coatings Market, including its future growth potential and key factors influencing its trajectory. This comprehensive report explores crucial elements driving market expansion, current challenges, competitive landscapes, and emerging opportunities. It delves into significant trends, competitive strategies, and the role of key industry players shaping the global Intumescent Coatings Market. Additionally, it provides insight into the regulatory environment, market dynamics, and regional performance, offering a holistic view of the global market’s landscape through 2032.
Intumescent coating produces a layer of a protective substance that forms an insulating layer on the surface. As an aesthetically pleasing fireproofing product, intumescent coatings are frequently applied to structural membranes for the purpose of protecting buildings and undergoing testing. It is commonly referred to as intumescent paint and is used as a passive fire retardant in buildings. Due to strict restrictions and increased exploration operations worldwide, the oil and gas sector's high product demand is expected to drive market expansion.
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Competitive Landscape
Some of the prominent key players operating in the Intumescent Coatings Market are
Akzo Nobel N.V.
Jotun
Contego International Inc.
Hempel A/S
No-Burn Inc.
Nullifire
The Sherwin-Williams Company
Carboline
Albi Protective Coatings
Isolatek International
Flame Control Coatings
Rudolf Hensel GmbH
PPG Industries Inc.
3M
Sika AG
The Intumescent Coatings Market Research report delivers comprehensive annual revenue forecasts alongside detailed analysis of sales growth within the market. These projections, developed by seasoned analysts, are grounded in a deep exploration of the latest industry trends. The forecasts offer valuable insights for investors, highlighting key growth opportunities and industry potential. Additionally, the report provides a concise dashboard overview of leading organizations, showcasing their effective marketing strategies, market share, and the most recent advancements in both historical and current market landscapes.Global Intumescent Coatings Market: Segmentation
The Intumescent Coatings Market segmentation divides the market into multiple sub-segments based on product type, application, and geographical region. This segmentation approach enables more precise regional and country-level forecasts, providing deeper insights into market dynamics and potential growth opportunities within each segment.
By Technology
Water-based
Solvent-based
Epoxy-based
By Application
Hydrocarbon
Cellulosic
By End-Use
Construction
Oil & Gas
Automotive
Others
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Market Highlights:
A company's revenue and the applications market are used by market analysts, data analysts, and others in connected industries to assess product values and regional markets.
But not limited to: reports from corporations, international Organization, and governments; market surveys; relevant industry news.
Examining historical market patterns, making predictions for the year 2022, as well as looking forward to 2032, using CAGRs (compound annual growth rates)
Historical and anticipated data on demand, application, pricing, and market share by country are all included in the study, which focuses on major markets such the United States, Europe, and China.
Apart from that, it sheds light on the primary market forces at work as well as the obstacles, opportunities, and threats that suppliers face. In addition, the worldwide market's leading players are profiled, together with their respective market shares.
Goals of the Study
What is the overall size and scope of the Intumescent Coatings Market market?
What are the key trends currently influencing the market landscape?
Who are the primary competitors operating within the Intumescent Coatings Market market?
What are the potential growth opportunities for companies in this market?
What are the major challenges or obstacles the market is currently facing?
What demographic segments are primarily targeted in the Intumescent Coatings Market market?
What are the prevailing consumer preferences and behaviors within this market?
What are the key market segments, and how do they contribute to the overall market share?
What are the future growth projections for the Intumescent Coatings Market market over the next several years?
How do regulatory and legal frameworks influence the market?
Straits Research is dedicated to providing businesses with the highest quality market research services. With a team of experienced researchers and analysts, we strive to deliver insightful and actionable data that helps our clients make informed decisions about their industry and market. Our customized approach allows us to tailor our research to each client's specific needs and goals, ensuring that they receive the most relevant and valuable insights.
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#Intumescent Coatings Market Market#Intumescent Coatings Market Market Share#Intumescent Coatings Market Market Size#Intumescent Coatings Market Market Research#Intumescent Coatings Market Industry#What is Intumescent Coatings Market?
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Intumescent Coatings Market Size and Share Report, 2031
Global intumescent coatings market is projected to witness a CAGR of 4.3% during the forecast period 2024-2031, growing from 151.6 kilotons in 2023 to 212.31 kilotons in 2031. Intumescent coatings are progressively benefitting numerous sectors by providing insulation to the massive structural frame along with making it fire-resistant. For instance, despite the political uncertainties and prevailing circumstances, global oil demand in 2023 is forecasted to grow by 2.7 mb/d y-o-y. According to the Organization of Petroleum Exporting Countries (OPEC), non-conventional liquids and OPEC NGLs are anticipated to grow by 0.1 mb/d in 2022 to an average of 5.39 mb/d.
The adoption of intumescent coatings is significantly increasing with the rising demand for crude oil and gas across North America, Asia, the Middle East, and Russia to protect steel structures and high-volume equipment from extreme conditions and processing temperatures.
The intumescent coatings market is experiencing massive growth due to the increasing requirement for protective coating formulation that effectively works against severe corrosion, thermal variation, and chemical and ultraviolent (UV) degradation, which frequently occurs in industrial and commercial constructions. Intumescent coating is a fire-retardant functional coating that provides insulation on metal and steel substrates, which are frequently exposed to thermal variation. Intumescent coatings effectively benefit numerous sectors like oil and gas, industrial as well as commercial construction, etc. Intumescent coatings are equipped with flame-retardant chemicals that accomplish distinct industry efficacy ratings. Fire-retardant coatings on exterior heating develop a foam layer by non-flammable gases like carbon dioxide and ammonia, which subsequently leads to a thick, highly insulating carbon layer. Intumescent coatings generally include technology related to styrene and vinyl toluene acrylics. Consequently, the extensive requirement for a coating solution to protect essential infrastructures is propelling the growth of the intumescent coatings market.
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Propelling Oil & Gas Industry is Achieving Heights Due to the Incorporation of Intumescent Coating Solutions
The large volume of equipment and high processing oil utilities usually operate at higher temperatures where all units are vulnerable to fire outbreaks and successive damage, which could lead to massive shutdowns and economic losses. Fire-resistant coatings are prominent solutions that progressively develop a significant bridge to minimize the impact of unwanted circumstances. Intumescent coatings are remarkably transforming oil and gas operations by developing methods of passive fire protection (PFP) for structural steel, processing pipelines, reactors, and large distillation columns. Over 40% intumescent coating in the oil and gas industry has subsequently fulfilled the rising awareness about implementing fire safety norms. Oil and gas supply chains are backed by high-performance fire-resistant intumescent coatings, whether in the offshore or onshore sectors. These coatings extensively preserve spherical structures comprising natural gases, peroxide compounds, and other processing chemicals. Hence, the overall favorable market factors for essential fire-retardant coating in the oil and gas sectors are contributing to the growth of the intumescent coatings market.
For instance, according to the International Energy Agency, the oil demand is anticipated to increase by 2.2 mb/day in 2023 to an average of 102 mb/day. China, being the world’s second biggest oil user after the United States, will contribute to nearly 60% global growth in 2023. Also, a report published on Arabian Gulf Business Insight states that SLB’ the world’s largest oilfield services company has registered a massive growth of 6% summing to USD 6.6 billion where the sales in the Middle East and Asia grew by 22%. Furthermore, in 2022, SLB signed two major deals for drilling-related services, securing a five-year deal with ADNOC and QatarEnergy. In August 2023, the revenue for Russian oil exports increased by USD 1.8 billion to USD 17.1 billion where major shipments come from China and India.
Intumescent Coatings is Delivering Impeccable Solutions to Steel Civil Construction
Intumescent coatings are successively used in protecting various high-rise structures and enhancing their durability against exposure to unfavorable environmental conditions. Under severe heat circumstances, steel, despite being the strongest metal used in construction, can subsequently lose its capacity and strength to hold infrastructure. Intumescent coating products comprise fire-retardant paint, which includes flame-damping gas, that provides heat resistance and consequently restricts the spread of flame across an exposed surface. The intumescent coating can be applied on steel either as thin film or thick film coating where the applied coating substantially protects the steel against massive fire and acts as an insulator while forming a solid char. They are usually inert at low temperatures but at a higher temperature (200-250 °C) form insulation due to occurring complex chemical reactions. Intumescent coatings are applied to insulate the structural elements like beams, roofs, columns, and floors. Hence, the intumescent coatings market is anticipated to experience massive growth due to the growing infrastructure projects either commercial or industrial.
For instance, in 2022, under Global Water Partnership (GPW), the management was strictly focused on incorporating 2020-2025 strategy plans where the investment is added around USD 368.86 million. In 2022, GPW encouraged the mobilization of USD 1.5 million for Southern African Development Community (SADC) countries under the GCP Project Preparation Facility. Likewise, data published by the European Construction Industry Federation (FIEC) in July 2023, states that the construction of new household buildings contribute to around 20.6% of the total construction investment across Europe. It also focused on two countries Portugal and Ireland which are anticipated to see investments in construction during the year. Therefore, the increasing building & construction activities are accelerating the development of steel civil construction, which, in turn, is driving the market growth.
Asia-Pacific Market is Progressively Contributing to the Growth of Intumescent Coatings Market
There is a higher demand for non-commercial buildings, along with fuel consumption, in the Asia Pacific region. India is becoming a leading hub of construction business which is encouraging real-estate investors to develop sustainable infrastructure projects. In addition to construction, public and private oil & gas companies, like Reliance Industries Ltd. (RIL) and Indian Oil Corporation (IOC), have commissioned various projects to fulfil the rising demand and become an exporter of oil and gas. Intumescent coatings deliver an imperative role in the oil and gas industry to protect steel and other metals from the combustion of oil, liquid petroleum gas, and liquid nitrogen gas (LNG). The increment in mobility across India and China has substantially increased the consumption of fuels, gasoline, and diesel along with prominent industrial projects.
According to India Brand Equity Foundation, during 2022, the crude oil production in India was around 30.5 million metric tons. It also states that in June 2021, Indian Oil Corporation (IOCL) invested around USD 3.2 billion to expand the petrochemical projects in the Gujarat refinery. Additionally, data released by the Organization of Petroleum Exporting Countries (OPEC) states that the crude oil imports during May 2023 in China averaged around 10.8 mb/d. OECD demand is anticipated to rise by 06 mb/d while non-OECD oil demand is forecasted to reflect an increase of 2.1 mb/d where the maximum contribution is from China and India. Therefore, with such a definite investment, the Asia-Pacific region is considered a prominent contributor to the growth of the intumescent coatings market.
Impact of COVID-19
The lower demand for essential mobility fuels due to the imposition of lockdown measures had deteriorated economic stability owing to the COVID-19 pandemic in 2020. The revenue for the oil and gas and construction sectors drastically reduced during the pandemic. The unavailability of resources and manpower for building real estate businesses also significantly affected the intumescent coatings market growth in 2020. The COVID-19 pandemic had a devastating impact on China’s oil demand, along with numerous geopolitical uncertainties. The shutdown of construction projects during the pandemic forced people to revert their resources and go with less investment in real estate projects. The ease of China’s COVID-19 measures led to firm demand for Middle East Sour crude from the Asia Pacific, with the rising demand for mobility oil in India and China. In the 2nd quarter of 2022, the supply of intumescent coatings increased as there was a surge in the import and export activities at the global level. Consecutively, the ease in restrictions and removal of lockdown shifted the worst phase of the market to probable growth, deriving impeccable market opportunities for the intumescent coatings market.
Report Scope
“Intumescent Coatings Market Assessment, Opportunities and Forecast, 2017-2031F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of the global intumescent coatings market, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, and COVID-19, opportunities and forecast between 2024 and 2031. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.
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#Real Estate#Intumescent Coatings Market#Intumescent Coatings Market Size#Intumescent Coatings Market Share
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Fireproof Insulation Market Analysis 2023 By Statistics, Growth Rate, Trends Forecast to 2035
Analysis of Fireproof Insulation Market Size by Research Nester Reveals the Market to Grow with a CAGR of ~10% during 2023-2035 and Attain ~USD 30 Billion by 2035
Research Nester assesses the growth and market size of the global fireproof insulation market which is anticipated to be on account of the increasing construction industry growth and increasing focus on environmental safety.
New York – May 22, 2023 - Research Nester’s recent market research analysis on “Fireproof Insulation Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitor’s analysis and a detailed overview of the global fireproof insulation market in terms of market segmentation by material, end user, and by region.
Industrial Applications and Safety Standards to Promote Global Market Share of Fireproof Insulation
Fireproof insulation is crucial in various industrial applications where fire hazards are significant, such as oil and gas refineries, chemical plants, and power generation facilities. Safety standards in these industries, such as those set by regulatory bodies such as Occupational Safety and Health Administration (OSHA) in the United States, drive the adoption of fire-resistant materials. Fireproof insulation materials often provide thermal insulation properties, which support energy efficiency in buildings. The demand for energy-efficient construction materials is driven by factors such as rising energy costs and environmental concerns.
Ongoing research and development efforts lead to the introduction of advanced fireproof insulation materials with improved fire resistance, durability, and ease of installation. For instance, advancements in intumescent coatings have resulted in more effective and efficient fire protection solutions.
Growth Drivers:
• Increasing Fire Safety Regulations
• Growing Awareness of Fire Hazards
Challenges:
Some fireproof insulation materials may contain chemicals or additives that raise environmental concerns, such as high volatile organic compound (VOC) emissions or non-recyclable components. Balancing fire safety requirements with environmental sustainability and ensuring the use of eco-friendly materials can be a challenge for the industry. Fireproof insulation materials need to demonstrate long-term performance and durability to withstand the effects of aging, moisture, and other environmental factors.
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By material, the global fireproof insulation market is segmented into mineral wool, fiberglass, and cellulose. Fiberglass insulation is relatively easy to install, making it a popular choice for builders and contractors. The availability of various forms, such as batts, rolls, and loose-fill, allows for flexibility in installation methods. Renovation and retrofitting projects in existing buildings provide opportunities for the fiberglass insulation market. As energy efficiency standards become more stringent, retrofitting existing structures with fiberglass insulation helps improve thermal performance and meet sustainability requirements.
By region, the Asia Pacific fireproof insulation market is to generate the highest revenue by the end of 2035. The Asia Pacific region is home to expanding industrial sectors, including manufacturing, chemicals, oil and gas, and power generation. These industries require fireproof insulation materials to protect infrastructure, equipment, and critical components from fire hazards. Additionally, ongoing infrastructure development projects, such as airports, metro systems, and power plants, create opportunities for fireproof insulation in the construction of new facilities. The Asia Pacific region attracts significant foreign direct investments, which contribute to economic growth and infrastructure development.
This report also provides the existing competitive scenario of some of the key players of the global fireproof insulation market which includes company profiling of Rockwool International Inc., Owens Cornin Inc., Johns Manville, Knauf Insulation, Saint-Gobain, and others.
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates, and executives to take wise decisions for their future marketing strategy, expansion, investment, etc. We believe every business can expand to its new horizon, provided the right guidance at the right time is available through strategic minds. Our out of box thinking helps our clients to take wise decisions to avoid future uncertainties.
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Intumescent Coatings Market Size Is Expected To Reach USD 1,753.03 Million By 2030: Grand View Research Inc.
Intumescent Coatings Market Size Is Expected To Reach USD 1,753.03 Million By 2030: Grand View Research Inc.
San Francisco, 8 Nov 2022: The Report Intumescent Coatings Market Size, Share & Trends Analysis Report By Technology (Water-based, Solvent-based, Epoxy-based), By Application (Hydrocarbon, Cellulosic), By End-Use (Construction), By Region And Segment Forecasts, 2022 – 2030 The global intumescent coatings market is expected to reach USD 1,753.03 million by 2030, registering a CAGR of 5.5% during…
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#Intumescent Coatings Industry#Intumescent Coatings Market#Intumescent Coatings Market 2022#Intumescent Coatings Market 2030#Intumescent Coatings Market Revenue#Intumescent Coatings Market Share#Intumescent Coatings Market Size
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Europe Fire-resistant Coatings Market Expected to Record a Relatively High-Value CAGR of 3.0% Through 2026, States MarketsandMarkets™
Europe Fire-resistant Coatings Market Expected to Record a Relatively High-Value CAGR of 3.0% Through 2026, States MarketsandMarkets™
Europe Fire-resistant Coatings Market The report “Fire-resistant Coatings Market by Type (Intumescent Coatings, Cementitious Coatings), Technology (Solvent-borne, Water-borne), Substrates (Metal, Wood), Application Technique (Spray, Brush & Roller), Application and Region – Global Forecast to 2026″ The global fire-resistant coatings market size is projected to grow from USD 975 million in 2020…
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#Cementitious Coatings#Demand for Fire Resistant Coatings#Fire Resistant Coatings Industry#Fire Resistant Coatings Market#Fire Resistant Coatings Market Analysis#Fire Resistant Coatings Market Growth#Fire Resistant Coatings Sales#Fire Retardant Coatings Market#Fire-Resistant Coatings#Fire-Resistant Coatings Market Research#Fire-Resistant Coatings Market Share#Fire-Resistant Coatings Market Size#Global Fire-Resistant Coatings Market#Intumescent Coatings
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Intumescent Coatings Market Overview, Revenue Growth Trends, Company Strategy Analysis, 2020–2028
Reports and Data’s latest report, titled “Global Intumescent Coatings Market,” thoroughly studies the global Intumescent Coatings market to offer accurate market projections such as forecast market size and value, revenue share, and market revenue growth rate. The report is a descriptive summary of the Intumescent Coatings business sphere and offers an in-depth study of the key market trends and growth prospects. It identifies the top products and services offered by this industry and analyzes their application scope and end-use industries. The report presents key industry statistics in a tabular format to help readers gain viable insights into the Intumescent Coatings industry and its core mechanisms.
The global intumescent coatings market is forecast to reach USD 1,334.5 Million by 2028, according to a new report by Reports and Data. Intumescent coatings are generally referred to as intumescent paint, which are used in buildings as a passive fire resistance measure. They are applied to structural members as an aesthetically pleasing fireproofing product. Intumescent coatings expand when exposed significantly to high temperatures, such as, those products that come in contact with fire.
Intumescent coatings, when applied by a spray, provides a thick and spongy surface that requires a finish covering to hide and protect the steel. They offer the same level of coating that looks like a thin layer of paint.
Top Key Players:
Akzonobel, The Sherwin-Williams Company, Promat International, Teknos Group, BASF SE, Contego International, Inc., GCP Applied Technologies Inc., Bollom Fire Protection, Arabian Vermiculite Industries, and SKK Pte Ltd., among others.
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The Intumescent Coatings market has been growing steadily over the past decade and CAGR is expected to improve over the forecast period. It is also likely to be one of the industries influencing global revenue generation. Rapidly growing demand, an abundance of raw materials, population growth, financial stability, and product awareness are some of the factors that make progress directly and indirectly in the market.
The study throws light on the Intumescent Coatings market mainly focusing on the growth factors and even the restraining factors. The restraining factors are also provided with the best solutions which also prove to be a counteract to the drawback and help increase the market demand. Applications, types, technology and many other segmentations are studied to give a depth of knowledge for further market investment. Key driving forces for Intumescent Coatings market is explained to help give an idea for a detailed analysis of this market.
The report also implements primary and secondary research techniques for gathering the most crucial pieces of professional information, and applies a number of industry-best techniques upon the data for projecting the future state of the global Intumescent Coatings market. Based on current market development, the report includes an analysis of how activities such as mergers and shapes the market’s future.
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Technology Type Outlook (Volume: Kilo Tons; Revenue: USD Million; 2016-2026)
Water-Based
Solvent-Based
Epoxy-Based
Application Outlook (Volume: Kilo Tons; Revenue: USD Million; 2018-2028)
Hydrocarbons
Cellulosic
Major Regions covered in the report:
North America (U.S.A., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of Europe)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Cellulosic Fire Protection Intumescent Coatings Market To Propel the Growth of the Market Between 2016-2028
The main aim of the Cellulosic Fire Protection Intumescent Coatings report is to give the map of the growth for the Cellulosic Fire Protection Intumescent Coatings market that will help in providing the clients with the required information for the formulation strategies to meet their respective business goals. The report also provides deep knowledge of the Cellulosic Fire Protection Intumescent Coatings for the previous year as well as for the forecast years and what the CAGR level of the market is going to be. This report is a synopsis of what the market conditions are going to be while also giving information regarding the market’s definition, classifications, applications, and engagements are. This report also aims to analyze the Cellulosic Fire Protection Intumescent Coatings market’s developments including the market improvement, market position, and others which are usually done by the prominent players and brands of the chemicals industry. This report also consists of all the market drivers and restraints which are obtained through SWOT analysis. The report also has the CAGR values of the Cellulosic Fire Protection Intumescent Coatings market for the base years 2021, the historic year 2020, and forecast years 2021-2028.
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The Cellulosic Fire Protection Intumescent Coatings market report provides information and statistics on market shares, size, restraining factors, and driving factors for the forecast period 2021 to 2028. It also mentions the role of main market players in the Chemicals industry. The report on Cellulosic Fire Protection Intumescent Coatings market evaluates the value of the market report, keeping in mind the application and regional segments, market share, and size while forecasting the market for each product type and application of the Cellulosic Fire Protection Intumescent Coatings market in different segments of the report. The research report also mentions some sections of the Cellulosic Fire Protection Intumescent Coatings market including opportunities, growth, trend, size, demand, and technology used by prominent players of the market. Then, it gives detailed profiles of the key players as a part of the competitive landscape of the Cellulosic Fire Protection Intumescent Coatings market.
The study of the report divides it into several sub-segments and represents the whole Chemicals industry. An estimation of the revenue generated by the entire Chemicals industry and its sub-segments are also provided in the report. It decides the factors that affect the demand of the Chemicals industry rapidly, including methods of development, growth networks, and the product model. The report also points out the greatest prospects for the growth of the Chemicals market such as forecasting the growth of the market, the launch of new goods, and analysis of the product demand, purchase decisions, several economic factors that are important to determine the trend of Cellulosic Fire Protection Intumescent Coatings market, and the attractiveness of the market. The report on the Cellulosic Fire Protection Intumescent Coatings market will help in assisting the stakeholders in identifying high-potential customers, such as distributors and manufacturers.
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Cellulosic Fire Protection Intumescent Coatings Market Statistics and Comprehensive Insights Outlook 2022-2028
The Cellulosic Fire Protection Intumescent Coatings Market Report 2022 report provides the latest industry data and future industry trends. The report lists leading competitors and manufacturers in the Cellulosic Fire Protection Intumescent Coatings industry and provides strategic industry insights and analysis of factors influencing the competitiveness of the market. The geographical scope of the Cellulosic Fire Protection Intumescent Coatings market is studied. The forecast market information, SWOT analysis, market scenario, and feasibility study are the vital aspects analyzed in this report. Looking forward, Industry Data Analytics Group expects the market to grow at a CAGR of 3.9% during 2022-2028.
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#Cellulosic Fire Protection Intumescent Coatings Market Analysis#Cellulosic Fire Protection Intumescent Coatings Market Research#Cellulosic Fire Protection Intumescent Coatings Market Size#Cellulosic Fire Protection Intumescent Coatings Market share
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Cellulosic Fire Protection Intumescent Coatings Market Size Historical Growth, Analysis, Opportunities And Forecast Till 2028
The global cellulosic fire protection intumescent coatings market size is expected to reach USD 587.3 million by 2028 according to a new study by Polaris Market Research. The report “Cellulosic Fire Protection Intumescent Coatings Market Share, Size, Trends, Industry Analysis Report, By Type (Water Borne, Solvent Borne); By End-Use; By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing application of cellulosic fire protection intumescent coatings in residential and commercial buildings, development in industrialization and urbanization, and rising investment in the construction industry drive the growth of the market. However, the COVID-19 outbreak has restricted the market growth for cellulosic fire protection intumescent coatings. The pandemic has adversely affected the construction sector, resulting in reduced demand, disruption of the supply chain, a halt in manufacturing and construction activities, and workforce impairment.
The different types of coatings include water-borne and solvent-borne. The demand for water-borne the product is expected to be high during the forecast period. These coatings offer a higher ability to protect against fire. They are increasingly being used in the construction sector to meet the standards and regulations associated with fire safety. Industry players, manufacturers, and private organizations collaborate to expand and cater to more comprehensive applications and develop advanced technologies.
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On the basis of end-use, the market is segmented into commercial, residential, and others. The commercial segment accounted for the highest share in 2020 due to increasing environmental awareness coupled with government investments in public infrastructure development.
The development of smart buildings further supports the demand growth. Economic growth and strengthening the construction sector in developing economies are expected to offer growth opportunities during the forecast period. North America dominated the global cellulosic flames protection intumescent solutions demand in 2020 and is likely to have its dominance over the forecast period. However, the demand from Asia-Pacific is expected to grow during the forecast period.
Rising industrial growth, urbanization, and growth in the construction sector support industry development in this region. The introduction of flames safety and protection regulations further increases the demand for the product in Asia Pacific. Some major industry participants include PPG Industries, Inc., Teknos Group Oy, Hempel A/S, Jotun Group, Sika AG, Akzo Nobel N.V., RPM International Inc, The Sherwin-Williams Company, Isolatek International, Contego International Inc., Etex Group, and 3M.
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Polaris Market Research has segmented the cellulosic fire protection intumescent coatings market report on the basis of type, end-use, and region:
Cellulosic Fire Protection Intumescent Coatings, Type Outlook (Revenue, USD Million, 2016 – 2028)
Water-Borne
Solvent-Borne
Cellulosic Fire Protection Intumescent Coatings, End-Use Outlook (Revenue, USD Million, 2016 – 2028)
Commercial
Residential
Others
Cellulosic Fire Protection Intumescent Coatings, Regional Outlook (Revenue, USD Million, 2016 – 2028)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
U.S.
Canada
Germany
UK
France
Italy
Spain
Netherlands
Austria
China
India
Japan
South Korea
Indonesia
Malaysia
Brazil
Mexico
Argentina
Saudi Arabia
South Africa
Israel
UAE
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Polyurea Coating Market Share, Research Methodology & Revenue Analysis, 2024
The global Polyurea Coating Market size is expected to value at USD 1.48 billion by 2024. The market is subject to witness a substantial growth due to their numerous benefits over traditional coating such as epoxy, fiberglass, and paints. Some of important properties of polyurea coating include lower setting time, resistance to adverse atmospheric conditions and high mechanical strength.
In addition, polyurea coating offer additional advantages such as high standards of corrosion protection, waterproofing, and chemical & structural enhancement. These factors are expected to drive the growth of polyurea coating industry over the forecast period. Globally, the polyurea coating market is predicted to grow at CAGR of 12% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.
Furthermore, polyurea coating tends to exhibit advanced set of characteristics in spray applications such as higher mechanical, thermal, and chemical resistance, short curing and setting time. Higher durability associated with polyurea coating in comparison with its substitutes is anticipated to foster market growth over the next seven years. The raw materials required to manufacture polyurea coating include aromatic isocyanate-based and aliphatic isocyanate-based. Polyurea coating is used along with technologies such as spraying, pouring and hand mixing.
Increasing demand for intumescent coating from building & construction industry owing to its numerous benefits such as higher durability and attractive appearances of the surfaces, thus driving the growth of polyurea coatings industry in the recent years. Additionally, polyurea coating also provides protection against harsh weather and external environmental factors such as ultra-violet radiation, high temperatures, acid rain, and pollution particles. These factors are predicted to boost market demand for polyurea coating during the forecast period.
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The recent technological advancement and development of novel products has led to addition of superior properties such as protection from moisture, corrosion resistance, bacteria and heat resistance, thus escalating market progress, in the recent years. Growing need for environmental-friendly and water resistance solutions coupled with stringent laws and regulation by regional governments across the globe are expected to boost the market growth of polyurea coating over the forecast period. Moreover, recent joint ventures, mergers and partnerships among number of major manufactures and vendors along with local industry players are anticipated to amplify market value in the upcoming years.
The polyurea coating market is broadly categorized into three major segments based on the application type such as building & construction, transportation, and industrial. The building & construction sector is considered as one of the fastest growing segment in the polyurea coating industry with substantial revenue generation in the last few years. Growing popularity of polyurea coating in the building & construction segment is attributed to the increasing application in waterproofing duet to their high humidity resistance. The industrial segment has also witnessed substantial growth owing to the rapid industrialization in the Asia Pacific region.
The polyurea coatings market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in building & construction sector, increase in the number of research & development activities, and existence of well-established industrial infrastructure in the region. Asia-Pacific region is predicted to hold major market share in the polyurea coating with massive growth in forecast period. Countries such as India, China, Malaysia and Singapore are leading the Asia-Pacific market with strong economic growth in the region, rapid industrialization and significant investment by leading industry players considering potential growth opportunities in the region.
The key players in the polyurea coating industry are PPG Industries, Inc., The Sherwin-Williams Company, Nukote Coating Systems, Inc., Versaflex Inc., Specialty Products Inc., Armorthane Inc., Wasser Co., Rhino Linings Co., Kukdo Chemical Co., Ltd., Lonza Group AG, Albemarle Co., Huntsman Co., BASF SE, and Covestro, Inc.
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Water-Based Intumescent Coating Sales Market Report 2021
As a water-based coating, water-based intumescent coatings have excellent environmental protection properties. They are used to protect steel structures. They are especially suitable for applications where aesthetics are important. Very low odor is suitable for on-site construction and can be used in sensitive areas.
Market Analysis and Insights: Global Water-Based Intumescent Coating Market The global Water-Based Intumescent Coating market was valued at US$ XX in 2020 and will reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2022-2027.
Global Water-Based Intumescent Coating Scope and Market Size The global Water-Based Intumescent Coating market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Water-Based Intumescent Coating market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
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Segment by Type Polymer Fiber Natural Fiber
Segment by Application Building Car Aerospace Other
The Water-Based Intumescent Coating market is analysed and market size information is provided by regions (countries). Segment by Application, the Water-Based Intumescent Coating market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company The Sherwin-Williams Company Jotun SteelMaster Akzo Nobel N.V. Carboline International Corporation Hempel A/S Kulptown Fire Company company PPG Industries Contego International Albi Sa company Crown Paints
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Table of content
1 Water-Based Intumescent Coating Market Overview 1.1 Water-Based Intumescent Coating Product Scope 1.2 Water-Based Intumescent Coating Segment by Type 1.2.1 Global Water-Based Intumescent Coating Sales by Type (2016 & 2021 & 2027) 1.2.2 Polymer Fiber 1.2.3 Natural Fiber 1.3 Water-Based Intumescent Coating Segment by Application 1.3.1 Global Water-Based Intumescent Coating Sales Comparison by Application (2016 & 2021 & 2027) 1.3.2 Building 1.3.3 Car 1.3.4 Aerospace 1.3.5 Other 1.4 Water-Based Intumescent Coating Market Estimates and Forecasts (2016-2027) 1.4.1 Global Water-Based Intumescent Coating Market Size in Value Growth Rate (2016-2027) 1.4.2 Global Water-Based Intumescent Coating Market Size in Volume Growth Rate (2016-2027) 1.4.3 Global Water-Based Intumescent Coating Price Trends (2016-2027) 2 Water-Based Intumescent Coating Estimates and Forecasts by Region 2.1 Global Water-Based Intumescent Coating Market Size by Region: 2016 VS 2021 VS 2027 2.2 Global Water-Based Intumescent Coating Retrospective Market Scenario by Region (2016-2021) 2.2.1 Global Water-Based Intumescent Coating Sales Market Share by Region (2016-2021) 2.2.2 Global Water-Based Intumescent Coating Revenue Market Share by Region (2016-2021) 2.3 Global Water-Based Intumescent Coating Market Estimates and Forecasts by Region (2022-2027) 2.3.
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Composite Manufactures Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027
Market Highlights:
As per the MRFR analysis, the global Composite Manufactures Market witnessed a healthy growth, and the market is likely to witness exponential growth over the next seven years. The market growth is attributed towards the continuously rising demand for lightweight automotive & aerospace components in order to reduce carbon emission and enhance fuel efficiency. The increasing usage of composites in construction applications coupled with a significant rise in construction output of developing economies is set to uplift the market growth. Higher income levels in developing countries of Asia Pacific and Latin America is further expected to drive the end-use industries and in turn augment composite consumption.
Advanced composites are gradually penetrating in several end-use industries replacing conventional metals such as steel and iron. Reduced cycle time, codes and standards to support new material are factors slated to positively influence global composites market over the forecast period. With improving composite technology, its benefits are becoming more pronounced, and the costs of building materials are going down with added superior characteristics. However, strict regulatory environment related to polymers along with high capital expenditure are key challenges faced by industry participants and are touted to restrict market growth.
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Segment Analysis:
The global composites market is segmented by the type, technology, resin type, application, and region. Polymer matrix composites emerged as the leading type segment and accounted for over 85% of the overall market share in 2016. The material consists of a polymer (resin) matrix combined with a fibrous reinforcing dispersed phase. Simple fabrication methods and low cost are key factors determining the preference for polymer matrix over the forecast period. Increasing demand from automotive & aerospace industries along with the emergence of refractory matrix metals is anticipated to boost the market growth for metal matrix composites. It is expected to witness a volume CAGR of 5.59% from 2017 to 2023. Thermoset composites were the largest resin segment with over 60% of the overall market share in 2016 and are expected to continue its dominance over the next seven years. Major benefits associated with composites include superior strength, lightweight, excellent modulus of elasticity, and extraordinary corrosion resistance. Injection molding is expected to be the fastest growing technology segment with demand driven by factors such as increasing penetration in electrical & electronics industry. The segment accounted for 13% of the overall market in 2016 and is expected to witness a CAGR of 10.98% from 2017 to 2023.
Geographically, North America dominated the global composites market, accounting for more than one-third of the value share of the overall market. A significant increase in aerospace manufacturing coupled with continuous innovation to widen the application scope is driving regional market growth. Revitalization of the automotive industry with an increase in production and sales is another factor driving the North America composites demand. Asia Pacific is set to emerge as the fastest growing regional market with a shift of major automotive manufacturing facilities and rapid growth of electrical & electronics and wind energy industries. The region is anticipated to witness an estimated CAGR of 11.28% over the forecast period.
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Cellulosic Fire Protection Intumescent Coatings Market Report, History and Forecast 2021-2028, Breakdown Data by Manufacturers, Key Regions, Types and Application
Cellulosic fire protection intumescent coatings market is segmented on the basis of product type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
Cellulosic fire protection intumescent coatings market will grow at a rate of 3.45% for the forecast period of 2021 to 2028. Rise in the preference for lightweight materials in the building & construction industry acts as a vital factor driving the growth of Cellulosic fire protection intumescent coatings market.
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Cellulose fire protection intumescent coatings are basically used in new construction projects and the maintenance of old projects and buildings for commercial and residential purposes. Increase in the awareness and emphasis on safety measures as well as increasing preference for lightweight materials, which require additional protection is the vital factor escalating the market growth.
Increase in the number of fire accidents across the globe is the vital factor escalating the market growth, also rise in the research and development activities in the market and rise in the demand from emerging economies are the major factors among others driving the cellulosic fire protection intumescent coatings market. Moreover, rise in the demand for fire-resistant coatings in renovation projects and economic slowdown and impact of COVID-19 on the construction industry will further create new opportunities for the cellulosic fire protection intumescent coatings market in the forecast period of 2021- 2028.
However, new rules for green and smart buildings and growing focus on obtaining green certification is the major factor among others acting as a restraint, and will further challenge the growth of cellulosic fire protection intumescent coatings market in the forecast period mentioned above.
This cellulosic fire protection intumescent coatings market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on cellulosic fire protection intumescent coatings market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Based on product type, the cellulosic fire protection intumescent coatings market is segmented into cementitious coatings and intumescent coatings/ passive fire protection (PFP).
The cellulosic fire protection intumescent coatings market is also segmented on the basis of application into aerospace, oil and gas, marine, electrical and electronics, automotive & transportation, building and construction, textile, furniture and others.
Cellulosic fire protection intumescent coatings market is analysed and market size, volume information is provided by product type and application as referenced above
Global Cellulosic Fire Protection Intumescent Coatings Market, By Product Type (Cementitious Coatings, Intumescent Coatings/ Passive fire protection (PFP)), Application (Aerospace, Oil and Gas, Marine, Electrical and Electronics, Automotive & Transportation, Building and Construction, Textile, Furniture, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The countries covered in the cellulosic fire protection intumescent coatings market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the cellulosic fire protection intumescent coatings market due to rise in the number of fire accidents and increase in the research and development activities in the market in this region.
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The country section of the cellulosic fire protection intumescent coatings market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Cellulosic fire protection intumescent coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cellulosic fire protection intumescent coatings market.
The major players covered in the cellulosic fire protection intumescent coatings market report are Akzo Nobel N.V, Jotun, Contego International Inc, Hempel A/S, No-Burn Inc, Nullifire, The Sherwin-Williams Company, Carboline, Albi Protective Coatings, Isolatek International, Rudolf Hensel GmbH, PPG Industries, Inc, 3M, Sika AG and Tor Coatings among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Intumescent Coatings Market Worth $ 1.31 Billion By 2025: Grand View Research Inc.
Intumescent Coatings Market Worth $ 1.31 Billion By 2025: Grand View Research Inc.
San Francisco, 26 December 2019: The Report Intumescent Coatings Market Size, Share & Trends Analysis Report By End Use (Oil & Gas, Construction), By Application (Hydrocarbon, Cellulosic), By Technology (Epoxy-, Water-, Solvent-based), And Segment Forecasts, 2019 – 2025
The global intumescent coatings market size is expected to reach USD 1.31 billion by 2025, according to a new report by Grand…
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Europe Passive Fire Protection Market Size, Share Report To 2022 With Players : AkzoNobel N.V. & Nullifire
Europe Passive Fire Protection Market is anticipated to reach USD 1.57 billion by 2022 owing to growing warehouse industry that extensively uses steel in structure fabrication. Passive fire protection are the building material that offer safety & protection against heat, smoke, toxic gases and flames. These materials reduce the damage of the building inflicted with fire, delay the building collapse time and reduce probable health risks of the building habitats. Hence, it offers strength to the building to survive fire for stipulated time and ensures safety of the occupants.
Europe passive fire protection industry is influenced by the increase in demand for longer building protection against fire along with least loss of assets present during the calamity. Additionally, increasing infrastructural developments coupled with growing demand for decorative intumescent coatings is expected to augment Europe passive fire protection market in future. Steady growth observed in infrastructural developments from residential and non-residential sectors due to migrant activities is encouraging the growth of Europe passive fire protection industry. However, unstable prices of epoxy resins due to volatility in raw material prices is predicted to hamper the market growth of Europe passive fire protection.
Europe passive fire protection market is categorized on the basis of product, application and geography. On the basis of product, the market is divided into solvent based and water based. Water based coatings are expected to hold larger share of Europe passive fire protective market in near future due to better weather resistant quality.
In terms of application, Europe passive fire protection industry is split into oil & gas, transportation, building and construction and others. Owing to extensive use of fireproofing cladding products in residential and commercial buildings, construction segment is expected to lead Europe passive fire protective market in the years to come.
Geographically, Europe passive fire protection market is segmented as Belgium, Austria, Poland, Hungary, Slovakia, Romania, and the Czech Republic. Poland is predicted to dominate the market of Europe passive fire protection owing to speedy industrialization and developments in the region. The major players in Europe passive fire protection industry include AkzoNobel N.V., HempelMarine Paints, Nullifire, RPM International Inc. and The Sherwin-Williams Company.
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Market Segment:
Europe Passive Fire Protection Product Outlook (Revenue, USD Million, 2012 - 2022) • Cementitious Material • Intumescent Coating • Fireproofing Cladding • Others
Europe Passive Fire Protection Application Outlook (Revenue, USD Million, 2012 - 2022) • Oil & Gas • Construction • Industrial • Warehousing • Others
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