Intumescent Coatings Market
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Transparency <strong>Market</strong><br />
Research<br />
<strong>Intumescent</strong> <strong>Coatings</strong> <strong>Market</strong> (Resin Type - Acrylic, Epoxy, and Polyurethane;<br />
Fire Type - Cellulosic and Hydrocarbon; Technology - Water-based, Solventbased,<br />
and Powder-based; Application - Building & Construction, Oil & Gas,<br />
Transportation, and Consumer E<br />
Published Date<br />
04-May-2017<br />
217 Page Report<br />
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Press Release<br />
Global <strong>Intumescent</strong> <strong>Coatings</strong> <strong>Market</strong>: Increasing Need for Building<br />
Fire Safety Measures to Boost Growth, says TMR<br />
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<strong>Intumescent</strong> <strong>Coatings</strong> <strong>Market</strong><br />
REPORT DESCRIPTION<br />
<strong>Intumescent</strong> <strong>Coatings</strong> <strong>Market</strong> - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast<br />
2016 - 2024<br />
Global <strong>Intumescent</strong> <strong>Coatings</strong> <strong>Market</strong>: Snapshot<br />
Thanks to the significant rise in the building and construction activities, fueled by the swift<br />
increase in the urbanization, the demand for intumescent coatings has bolstered across the<br />
world. The implementation of various regulations concerning the emission of volatile organic<br />
compounds is also influencing the sales of these coatings globally.<br />
This 217 page report gives readers a comprehensive overview of the <strong>Intumescent</strong><br />
<strong>Coatings</strong> <strong>Market</strong>. Browse through 30 data tables and 87 figures to unlock the hidden<br />
opportunities in this<br />
market@http://www.transparencymarketresearch.com/intumescent-coatingsmarket.html<br />
Going forward, the increasing awareness among consumers regarding fire protection coatings is<br />
likely to boost the worldwide market for intumescent coatings substantially in the years come.<br />
The opportunity in this market is likely to rise at a CAGR of 7.0% between 2016 and 2024 and<br />
progress from a value of US$372.9 mn in 2015 to US$675.5 mn by the end of 2024.<br />
Epoxy-based <strong>Intumescent</strong> <strong>Coatings</strong> to Witness Strong Demand<br />
Based on the type of resin, the global intumescent coatings market has been classified as acrylic,<br />
epoxy, and polyurethane. Epoxy-based intumescent coatings are the most common resin across<br />
the world. Over the coming years, the demand for epoxy-based coatings is likely to increase<br />
remarkably, establishing their continued lead on this market. Among others, the acrylic-based<br />
intumescent coatings segment has been performing better compared to polyurethane-based<br />
ones. However, polyurethane resins are recently introduced into the market and are expected to<br />
have a positive influence in the near future.<br />
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<strong>Intumescent</strong> <strong>Coatings</strong> <strong>Market</strong><br />
In terms of the type of fire, the market has been classified into cellulosic coatings and<br />
hydrocarbon coatings. The rise in the overall construction and building sector has created a<br />
significant demand for cellulosic coatings. Hydrocarbon coatings are preferred in the<br />
petrochemical industry and the demand for these coatings is expected to augment in the<br />
upcoming years.<br />
Asia Pacific to Remain Dominant<br />
Geographically, Asia Pacific leads the global market for intumescent coatings. In 2015, it held<br />
more than 40% of the overall market. The increase in construction activities and the growth in<br />
population are considered as the key driving force behind the progress of the Asia Pacific market<br />
for intumescent coatings. China has emerged as a hub for the intumescent coatings market in<br />
this region. Apart from China, the ASEAN region and several nations, such as India and Japan, are<br />
also reporting a high demand for intumescent coatings. Asia Pacific is expected to retain its lead<br />
in the global intumescent coatings market over the forthcoming years.<br />
Europe acquired the second position in the global market in 2015 and is expected to remain<br />
seated in this position over the next few years. The domestic markets for intumescent coatings in<br />
the U.K., Germany, and France are leading the European market. Although moderately mature,<br />
the demand for intumescent coatings for fire protection is likely to propel the market in this<br />
region. Germany is a massive hub for intumescent coatings with operating unit, mainly in Berlin.<br />
The building and construction sector is the dominant end user of intumescent coatings in Europe.<br />
The demand for fire protection in the transportation and consumer electronics industries is<br />
anticipated to fuel the demand for intumescent coatings in Europe over the forthcoming years.<br />
The demand for polyurethane-based technology is estimated to increase in the region due to<br />
technological advancements in the near future.<br />
Get accurate market forecast and analysis on the <strong>Intumescent</strong> <strong>Coatings</strong> <strong>Market</strong>.<br />
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<strong>Intumescent</strong> <strong>Coatings</strong> <strong>Market</strong><br />
Akzo Nobel N.V., Jotun, PPG Industries, Sherwin-Williams Co., Albi Manufacturing, Flame Control <strong>Coatings</strong><br />
LLC, 3M, OMNOVA Solutions Inc., RPM International Inc., Sherwin-Williams Co., Wacker Chemie AG, BASF<br />
SE, PPG Industries Inc., Sika AG, Contego International Inc., and Benjamin Moore & Co. are the prime<br />
vendors of intumescent coatings across the world.<br />
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