#solvent based intumescent coatings
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ibtikaruae · 3 months ago
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How Solvent-Based Intumescent Coatings Improve Fire Safety in Buildings?
Building safety is critical in the field of fire prevention, and solvent based intumescent coatings help to improve it. These coatings are intended to protect structural elements from fire. They maintain the safety and security of the building during emergencies.
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pranaliahuja12 · 11 months ago
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The Advantages of Different Types of Intumescent Coatings 
There are two methods of fireproofing a building: active fire protection and passive fire protection. 
When it comes to fire safety, passive measures are categorized as coating or cladding arrangements or free-standing systems that provide thermal protection. It helps to limit the rate at which heat is transferred to an area being protected. In contrast, active fire protection, such as sprinkler systems, requires a trigger (action) or an alert for it to function. In this article, you can read about one aspect of passive fire protection called intumescent fire sealant and its advantages.  
What is intumescent paint? 
Intumescent paint is thought to be the lightest type of passive fire protection. An intumescent coating is one that, when heated, quickly undergoes sublimation and extends up to 100 times its initial thickness to form a stable, carbonaceous char. 
Because of the resulting char, the fire takes longer to create structural failure since less heat is transferred from the fire to the substrate. This carbonaceous char needs to be able to hold its position through any movement of the steel, including expansion and deflection until the necessary protective standards is met. 
For speed and quality of finish, airless spray paint equipment is usually used to apply intumescent paints. However, some brands may require large amounts of multiple spray equipment and brush and roller applications. 
For the most part, most intumescent materials on the market would require multiple coatings. It helps to achieve the necessary dry film thickness to prevent the structure from failing, depending on the project requirements, which is approximately 120 minutes. 
Common types of intumescent 
Water-based Intumescent  
In general, water-based intumescent fire stopping sealant is less odorous and more environmentally friendly than other options. Although these coatings are the least expensive and smell the least, they are less resistant to low temperatures and humidity. So, it may take them longer to dry completely in these conditions. 
Solvent-based Intumescent 
Solvent-based coatings are typically applied in partially exposed settings and subjected to temperature and weather fluctuations. In general, solvent-based coatings are more resilient to changes in temperature, humidity, and weather than water-based coatings. In addition, they have a smoother finish and dry faster and more reliably. 
Epoxy-based Intumescent 
Because these coatings offer superior hydrocarbon fire protection, epoxy-based intumescent is commonly used in tougher situations. This includes the offshore marine sector and the chemical industry. The two components of epoxy-based intumescence combine to create an extremely thick, long-lasting layer that protects and insulates the steel member from corrosion. 
Hybrid Intumescent  
The cutting-edge Hybrid Intumescent coating offers ground-breaking performance for the protection of steelwork in C1–C5 environments. This new intumescent sealant has been tested for up to a 120-minute fire rating.  
The new technology's distinct composition makes it possible to apply it across 5 mm in a single layer. It covers all the steel sizes inside a project without the requirement for multiple-layer applications. 
Vijay System is your best option when it comes to intumescent sealants and fire protection systems for your buildings.  Vijay System is popular for its reasonably priced quality fire protection products. 
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manojbh · 2 years ago
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vjovhal · 3 years ago
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Intumescent Coatings Industry is anticipated to register 6.5% CAGR between 2022 and 2028 due to the multiple beneficial properties such as it is easy to...
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neha24blog · 2 years ago
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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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imrmarketresearch · 2 years ago
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Fireproofing Materials Market
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Global Fireproofing Materials Market was valued at USD 0.77 billion in 2021 and is expected to reach USD 1.54 billion by the year 2028, at a CAGR of 10.4%.
Intumescent coatings are broadly divided into thin film and thick film coatings. Thin-film intumescent coatings are either solvent-based or water-based and consist of three components a primer, a base coat, and a sealer coat. These coatings are majorly used to provide fire resistance in buildings. Thick film intumescent coatings are usually epoxy-based and typically have higher dry film thickness than thin film coatings. These materials are tough and durable and were originally developed for use for hydrocarbon fires wherein the test heating regime is significantly severe than that used for most industrial and commercial applications. These are majorly used for external steel in high-rise buildings and structures exposed to marine environments. This segment is estimated to be the largest and fastest-growing segment in the coating type as it is more durable than cementitious coatings.
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researchexpert · 2 years ago
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 Intumescent coatings are broadly divided into thin film and thick film coatings. Thin film intumescent coatings are either solvent-based or water-based and consist of three components a primer, a base coat, and a sealer coat. These coatings are majorly used to provide fire resistance in buildings. 
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imrmarket · 2 years ago
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What is Fireproofing? Types, Materials, Methods
Fireproofing Materials Market size is projected to reach USD 1.4 Billion by 2027 from an estimated USD 0.7 Billion in 2020, growing at a CAGR of 10.4% globally.
Intumescent coatings are broadly divided into thin film and thick film coatings. Thin-film intumescent coatings are either solvent-based or water-based and consist of three components a primer, a base coat, and a sealer coat. These coatings are majorly used to provide fire resistance in buildings. Thick film intumescent coatings are usually epoxy-based and typically have higher dry film thickness than thin film coatings. These materials are tough and durable and were originally developed for use for hydrocarbon fires wherein the test heating regime is significantly severe than that used for most industrial and commercial applications. These are majorly used for external steel in high-rise buildings and structures exposed to marine environments. This segment is estimated to be the largest and fastest-growing segment in the coating type as it is more durable than cementitious coatings.
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Fireproofing Materials Market - Size, Competitive Landscape and Segmentation Analysis:
Fireproofing Materials Market Reports provide a high-level overview of market segments by product type, applications, leading key players, and regions, as well as market statistics. The research insights focus on the impact of the Covid-19 epidemic on performance and offers a thorough examination of the current market and market dynamics. This crucial understanding of the report's objective can help you make better strategic decisions about investment markets by assessing elements that may affect current and future market circumstances. The leading key players in the Global and Regional market are summarized in a research to understand their future strategies for growth in the market.
The Top Key Players covered in the Fireproofing Materials market report is:
·         3M (US)
·         Ugam Chemicals (India)
·         BASF SE (Germany)
·         Encon Insulation Ltd (UK)
·         Akzo Nobel N.V. (Netherlands)
·         Isolatek International (US)
·         Sika AG (Switzerland)
·         Etex Group (Belgium)
·         FlameOFF Coatings Inc. (US)
·         PPG IndustriesInc (US)
·         Carboline (US)
Segmentation of Fireproofing Materials Market
Market Segmentation Analysis By Type:
Gypsum Based, Cementitious Coatings, Cement-Based, Intumescent Coatings, Thin Film, Thick Film
Market Segmentation Analysis By Application:
Structural Steel Fireproofing, Cable & Wire Tray Fireproofing, Pipe, Duct, Doors, Windows, Glasses, Others
Market Segment by Regions and Countries Level Analysis:
·         North America (U.S., Canada, Mexico)
·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
·         Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
·         Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
·         South America (Brazil, Argentina, Rest of South America)
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https://introspectivemarketresearch.com/inquiry/15931
Covid-19 Impact and Recovery Analysis on Industry:
We've kept track of Covid-19's direct impact on this market as well as its indirect impact on other industries. During the analysis period, the impact of the Covid-19 pandemic on the market is predicted to be significant. From a worldwide and regional viewpoint, this report examines the influence of the pandemic on the Fireproofing Materials industry. The study categorizes the Fireproofing Materials industry by type, application, and consumer sector to determine market size, market features, and market growth. It also includes a thorough examination of the factors that influenced market development before and after the Covid-19 pandemic. In addition, the research did a pest analysis in the sector to investigate major influencers and entrance obstacles.
The "Global Fireproofing Materials Market Analysis To 2028" is a specialized and in-depth study of the market industry with a special focus on the global market trend analysis. The report aims to provide an overview Fireproofing Materials market with detailed market segmentation by type, component, end-users, and geography. The global Fireproofing Materials market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Fireproofing Materials market players and offers key trends and opportunities in the Fireproofing Materials market.
The goal of the research report is to help develop business strategies that help meet the needs of end-user consumers and penetrate deeply into the market. Fireproofing Materials market research also discusses significant market events that could have a positive or negative impact on the participants. It covers product offerings, revenue analysis, production capabilities, gross margins and many other important aspects that affect a company's profitability in the marketplace.
Points Covered in The Fireproofing Materials Report
·         The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
·         The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report.
·         The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
·         Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
·         The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
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accurizemarketresearch · 3 years ago
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Global Cellulosic Fire Protection Intumescent Coating Market | Accurize Market Research
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The Global Cellulosic Fire Protection Intumescent Coating Market was valued at US$ 578.1 million in 2021 and is predictable to reach US$ 793.8 million by 2030; growing at a CAGR of 3.6 % during the forecast period from 2021- 2030.
Intumescent paint is a coating that reacts to the heat that swells too many times in a controlled manner to its original thickness by producing a carbonaceous char developed by numerous small bubbles acting as a passive fire resistance used in the buildings. Cellulosic Fire Protection has a slow rate of temperature with heat fluxes of 100 kW/m2.
Increasing residential and non-residential building construction, and increasing awareness for the safety measure
Increasing residential and non-residential building construction, and increasing awareness for the safety measure with the demand of lightweight materials requiring additional protection are the major factors responsible to drive the market growth across the globe. In addition, expanding urbanization and the rising building & construction industry are also expected to provide ample opportunities for market growth during the forecast period. In the case of non-residential buildings such as industries with the increasing demand for energy, gas, coal bed methane, and shale gas investment for the repair of oil & gas drilling devices is also projected to propel the demand for the cellulose fire intumescent coatings.
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Numerous hazards have occurred in the past along with industrialization which has shifted the inclination for the safety of equipment and plants by adopting fire protection coatings. Apart from the protection from fires, such coatings also aid in resistance from weather and corrosion. They need less maintenance and also encompass service life. Further, prolonged exposure of intumescent coatings to the environment alters the properties of their properties. In addition, when expose to fire, the coatings swell up forming a char layer by emitting smoke resulting in lower visibility while evacuation of the people.
COVID-19 has majorly impacted this market
COVID-19 has majorly impacted this market and its impact have been extensively covered under the scope of this study. The regions and countries such as the US, Russia, Poland, EU-5 countries, and Nordic countries have been majorly hit during this pandemic and as a preventive measure, construction activities have been suspended in different regions.
Fluctuation in prices would inhibit the market growth
The fluctuation of the prices of the raw materials is restraining the product demand thus hindering the market growth. In addition, the halt of production activities, and construction projects has resulted in the disruption of the supply chain inhibiting the growth of end-user industries primarily in the construction and automotive industry. However, the recent development of nanotechnology and technological advancement for newer innovative products is predictable to drive the use of fire protection coating shifting the growth of the global market. Moreover, strict government regulations for the safety of fire, building and industry construction, demand for sustainable products is likely to drive the global cellulosic fire protection intumescent coating market.
By type, Water-borne coatings segment holds the major share in the overall cellulosic fire protection intumescent coatings market
The Global Cellulosic Fire Protection Intumescent Coating Market is segmented by type, substrate type, material type, end-user, and region. Based on type, it is categorized into water-borne and solvent-borne. By substrate type, it is bifurcated into wood, structural steel & cast iron, and others. Material type segments into epoxy, alkyd, acrylic, VAE, and others. By end-user, it is bifurcated into residential and commercial.
North America would acquire the major market share during the forecast period
Based on regional insights, the global cellulosic fire protection intumescent coating market is categorized into North America (US, Canada, Mexico, Rest of America), Asia Pacific (India, China, Rest of Asia Pacific), Europe (UK, Germany, Russia, Rest of Europe) and Rest of the world (Latin America and Middle East & Africa).
Acquisitions, joint ventures, expansions, and new product developments are major strategies adopted by key players
Prominent players inducing the Global Cellulosic Fire Protection Intumescent Coating Market are Jotun, Hempel A/S, Nullifire, Carboline, Isolatek International, PPG Industries Inc., Sika AG, Akzo Nobel N.V., Contego International Inc., No-Burn Inc., The Sherwin-Williams Company, Albi Protective Coatings, Rudolf Hensel GmbH, 3M, and Tor Coatings among others.
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Segmentation and Scope of the Global Cellulosic Fire Protection Intumescent Coating Market
Global Cellulosic Fire Protection Intumescent Coating Market is segmented by type, substrate type, material type, end-user, and region.
By Type
Water-borne
Solvent-borne
By Substrate Type
Wood
Structural Steel & Cast Iron
Others
By Material Type
Epoxy
Alkyd
Acrylic
VAE
Others
By End-User
Residential
Commercial
For more information visit Accurize Market Research
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ibtikaruae · 20 days ago
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Top Benefits of Using Solvent-Based Intumescent Coatings for Fire Protection
Solvent-based intumescent coatings are one of the most advanced fire protection solutions. They expand significantly when exposed to high temperatures, creating a protective char layer that insulates the underlying structure. When exposed to fire, the active chemicals in these specialty coatings, which are distributed in organic solvents, undergo a chemical reaction that causes the coating to inflate up to 50 times its initial thickness, effectively forming a thermal barrier.
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industryforecastnews · 3 years ago
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Intumescent Coating Market Worth $1.45 Billion By 2027 | CAGR: 4.6% | Global and Regional Forecast | Grand View Research, Inc.
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The global intumescent coating market size is expected to reach USD 1.45 billion by 2027, according to a new study by Grand View Research, Inc., expanding at a CAGR of 4.6% from 2020 to 2027. Extensive usage of passive fire protection for steel structures used in offshore and onshore extraction and purification and refining in the oil & gas industry is the key factor in boosting the market growth. In addition, rising shale gas exploration, coupled with the expanding oil & gas industry in North America, is expected to propel the product demand over the forecast period. The market is characterized by the presence of a large number of raw material suppliers, leading to an increase in the switching ability of the manufacturers and a boost in the bargaining power.
However, volatile prices of raw materials such as epoxy resins are expected to restrain the growth of the market to some extent. Moreover, several regulations limiting the presence of Volatile Organic Compounds (VOCs) in the formulation are expected to hinder market growth. On the other hand, the development of advanced products that are compliant with the regulations set by the European Commission is expected to drive the demand over the next seven years. The market in Asia Pacific witnessed significant expansion owing to increased oil & gas exploration activities, particularly in the South China Sea.
Furthermore, infrastructure development in emerging economies including India, Indonesia, and Vietnam is likely to contribute to the market growth over the forecast period. However, the recent outbreak of COVID-19 has disrupted supply chains and sharply curtailed product demand. Restriction in transportation and supply due to slowdown or halting of factories, partial or nationwide lockdowns in several countries, and a slowdown in construction activities in order to restrain the spread of the pandemic are expected to negatively impact the market growth.
The water-based intumescent coatings segment is anticipated to expand at a substantial growth rate during the forecast period. Water-based intumescent coatings are primarily used where solvent-based coatings are expected to react with the substrate. They are ideal primers owing to properties such as excellent thermal and corrosion resistance. In addition, they are flame resistant and have low toxicity owing to their low VOC content and low hazardous air pollutant emissions. The use of water-based coatings is projected to increase during the forecast period due to stringent legislation regarding the solvents present in paints and coatings in the U.S. and other mature European countries. Several companies in the market are working towards the development of new fast-drying intumescent coatings. Companies such as Alfa Laval and Hellenic Petroleum are using fast-drying water-based intumescent coatings for heat exchangers, train wagons, piping, and tanks. These coatings comply with strict VOC regulations and are suitable for shorter production turnaround time.
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pranaliahuja12 · 1 year ago
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An Overview of Intumescent Paint for Passive Fire Protection of Steel Structures 
Fire safety is a critical aspect of building design and construction, particularly when it comes to steel structures. In the event of a fire, steel can weaken and lose its load-bearing capacity, jeopardizing the safety of the occupants and the structure itself. To enhance fire resistance in steel structures, various passive fire protection methods are employed, one of which is the use of intumescent paint for steel structures This article provides a comprehensive overview of intumescent paint, its benefits, application techniques, testing, and certification. Steel is a popular choice for building structures due to its strength, durability, and versatility. However, when exposed to high temperatures, steel can quickly lose its structural integrity. This is where intumescent paint plays a crucial role in passive fire protection. 
What Is Intumescent Paint? 
Intumescent paint is a specialized coating that expands when exposed to heat, forming a thick, insulating layer known as char. This char acts as a barrier, protecting the underlying steel from the fire's heat. The expansion of the paint creates an insulating foam-like layer, which delays the transfer of heat to the steel substrate. 
How Does It Work? 
When the temperature rises during a fire, the fire rated paint for steel undergoes a chemical reaction, causing it to expand and form a protective char. The char acts as an effective insulation layer, keeping the steel below its critical temperature for a longer duration. This additional time allows for evacuation and helps firefighters combat the blaze. 
Types Of Intumescent Paint 
There are two primary types of intumescent paint: solvent-based and water-based. Solvent-based intumescent paint is known for its fast-drying properties and high durability. Water-based intumescent paint, on the other hand, is environmentally friendly, has low VOC emissions, and is easier to clean up. 
Advantages Of Intumescent Paint 
Intumescent paint for steel offers several advantages for passive fire protection of buildings. These include: 
Fire Resistance 
The primary benefit of intumescent paint is its ability to provide excellent fire resistance. By expanding and forming a char layer, it reduces the steel's temperature rise during a fire, delaying structural failure and maintaining the integrity of the building. 
Aesthetic Appeal 
Unlike other fire protection methods like concrete encasement or fire-resistant boards, intumescent paint provides an aesthetically pleasing finish. It can be applied to both interior and exterior steel surfaces without compromising the design or architectural vision of the structure. 
Durability 
Cementitious paint for steel is highly durable and can withstand harsh environmental conditions. It is resistant to moisture, UV rays, and abrasion, ensuring long-lasting fire protection for steel structures. This durability translates to lower maintenance costs and a longer lifespan for the paint coating. 
Vijay Systems Engineers provide best Fire rated paint for steel and this Intumescent paint is a valuable tool for passive fire protection in steel structures. Its ability to form a protective char layer during a fire significantly enhances the fire resistance of steel, providing valuable time for evacuation and firefighting efforts. With its aesthetic appeal, durability, and ease of application, intumescent paint for steel offers an effective and efficient solution for safeguarding buildings and their occupants. 
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manojbh · 2 years ago
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chitrakullkarni · 3 years ago
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Intumescent Coatings Market Value Chain Analysis & Profit Margin Study Report, 2025
The global Intumescent Coatings Market is anticipated to exhibit a healthy CAGR during the forecast period, according to a report available on Million Insights. Intumescent coating refers to fire-resistant paint that is used in buildings to make them withstand high temperatures. The paint is inert at low temperatures and acts as an excellent insulator at high temperatures ranging from 200 to 250 degrees Celsius. In addition, it provides a pleasing finish to the infrastructure by enhancing the appearance of structural steel.
Growing safety concerns in residential and commercial buildings to prevent major damages due to accidents are anticipated to propel intumescent coating market growth. Every year, hundreds of innocent humans die in sudden fire accidents due to suffocation and rampage. Thereby, it is essential to take all precautionary measures while constructing residential and commercial buildings. Intumescent coatings are able to make these buildings fireproof, which makes them suitable for humans. In addition, the increasing use of lightweight materials in the aerospace and construction industry is expected to impel intumescent coatings industry growth. Moreover, stringent regulations being imposed by governments across various nations regarding the protection of buildings from the fire will drive the market over the forecast period.
To cater to the rising demand for technologically advanced paints, manufacturing companies are investing in R&D to develop innovative products. For instance, in December 2018 Hempel launched a passive fire protection coating called Hempafire Pro 315. This coating is aimed to protect steel structures during fire accidents. The paint offers advanced properties such as fast drying, low loadings, and improved efficiency.
Technology Insights:
Based on technology, the intumescent coatings market can be categorized into water-based, solvent-based, and epoxy-based coatings. The water-based segment is anticipated to witness fast growth over the forecast period. This is attributed to the rising demand for paints that are free from volatile organic compounds (VOCs) to protect the environment from harmful emissions. In addition, positive characteristics including superior finish, fire resistance, and faster drying will drive the segment’s growth over the forecast period.
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Application Insights:
In terms of application, the intumescent coatings market can be bifurcated into hydrocarbons and cellulosic. The hydrocarbons segment is expected to hold the largest market share over the forecast period owing to increasing use in the energy and oil and gas industries. The growing adoption of international standards in certification and testing of these products can drive the segment’s growth. In addition, the growing number of oil and gas exploration activities and high product demand in the construction industry will segment growth.
End-Use Insights:
On the basis of end-use, the intumescent coating industry can be classified into oil & gas, automotive, construction, and others. The oil and gas segment is predicted to hold the largest market share over the forecast period. This is attributed to increasing investments in deepwater projects, exploration activities, marginal fields, and refining capacity expansion.
On the contrary, the automotive sector is likely to witness significant growth in the coming years. Growing awareness among people regarding the benefits of fire protection systems in buildings will drive the segment’s growth.
Regional Insights:
Regional segmentation includes Asia Pacific, North America, Europe, Central & South America, and Middle East & Africa. In the Asia Pacific, the market is predicted to dominate and hold the largest market share during the forecast period. The rising number of construction activities in emerging economies including China and India can drive product demand in coming years. In addition, the growth of the automotive and aerospace sectors will drive regional market growth.
Europe, on the other hand, is anticipated to witness significant growth in coming years owing to the highest number of safety regulations regarding fire protection and fire safety. Such regulations are likely to drive demand for fireproof paints.
Some of the key players in the intumescent coating market are Jotun, Sherwin-Williams, AkzoNobel, Contego International, and Hempel Marine Paints. Companies are adopting business strategies such as mergers and acquisitions to expand their product portfolio. In addition, companies are using advanced technology for production to gain a competitive edge over others.
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jayu123-me · 3 years ago
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Intumescent Coatings Market To Reach US$ 675.5 Mn by 2024 | CAGR 7.0%
The vendor landscape of the global intumescent coatings market is moderately concentrated, with the leading three companies accounting for nearly 45% of the overall market in 2015, observes Transparency Market Research in a recent report. Leading vendors in the market are focusing on expanding their geographical outreach and distribution networks to gain a greater share in the market. Focus has also increased on exploring new growth opportunities through mergers and strategic collaborations. Moreover, investments on R&D activities have also increased substantially in the past few years with the view of expanding their product portfolios and introducing innovative products.
Some of the leading companies operating in the global intumescent coatings market Akzo Nobel N.V., PPG Industries Inc., Flame Control Coatings LLC, Albi Manufacturing, Sherwin-Williams Co., RPM International Inc., OMNOVA Solutions Inc., and 3M.
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According to the report, the global intumescent coatings will rise to a valuation of US$675.6 mn by 2024, exhibiting an impressive 7.0% CAGR from 2016 and 2024.
Building and Construction Industry to Remain Key Consumer
Of the key applications of intumescent coatings, the ones across the building and construction sector have remained the most lucrative over the years. Owing to the continued rise in demand for intumescent coatings across the building and construction industry, the segment is expected to remain highly lucrative over the report’s forecast period.
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From a geographical standpoint, the market is presently dominated by Asia Pacific, thanks to the massive rise in construction activities in the infrastructure as well as residential and commercial sectors. The demand for intumescent coatings is expected to remain strong in the region over the forecast period as well, with China emerging as the leading consumer. Besides this, demand from Japan and India is also expected to remain strong over the report’s forecast period.
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Building and Construction Industry Fuels Demand for Intumescent Coatings
The steady expansion of the building and construction sectors over the past few years has been ones of the key factors driving the global market for intumescent coatings. The massive rise in population, especially across mushrooming urban settings in emerging economies, has led to a massive rise in the need for new residential construction projects and effective infrastructure. Intumescent coatings provide good safety to a building structure from potential hazards such as excessive heat and fire, while also fostering strength and longevity of structural steel. Owing to these factors, their usage has massively increased in recent times as government norms pertaining to the structural safety of building constructions have become stricter across the globe.
However, the market faces a major roadblock in the form of key raw materials required for the production of intumescent coatings. This factor is expected to negatively impact the market to a certain extent over the forecast period. Nevertheless, an increased set of applications across industries such as petrochemical, chemical, and steel will help revive growth opportunities.
This analysis of the global intumescent coatings market is based on a recent market research report by Transparency Market Research, titled “Intumescent Coatings Market (Resin Type – Acrylic, Epoxy, and Polyurethane; Fire Type – Cellulosic and Hydrocarbon; Technology – Water-based, Solvent-based, and Powder-based; Application – Building & Construction, Oil & Gas, Transportation, and Consumer Electronics) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016–2024.”
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marketrevenueba · 3 years ago
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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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