Global Intumescent Coatings Market, By Type (Thin-Film Intumescent Coatings, Thick-Film Intumescent Coatings), Substrate (Structural Steel and Cast Iron, Wood, Others), Resin (Acrylic, Epoxy, Polyurethane, Alkyd, Others), Technology (Water Based, Solvent Based, Epoxy Based, Powder Based), Composition (Hydrocarbons, Cellulosic), Application Technique (Brush/Roller, Spray), End-User (Building and Construction, Industrial, Aerospace, 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
Market Analysis and Insights : Global Intumescent Coatings Market
Intumescent coatings market will reach an estimated valuation of USD 1.64 billion by 2028, while registering this growth at a rate of 4.70% for the forecast period of 2021 to 2028. Intumescent coatings market report analyses the growth, which is currently being growing due to the rising awareness, regulations, and emphasis on safety measures.
The intumescent coating can be described as the protective coating layer used to insulate fire-exposed steel substrates. Intumescent coating demand is directly proportional to the demands of the construction industry. Fire preventing, retarding and window casings for coastal buildings, marine and offshore installations, aircraft as well as ships are the key applications of intumescent coating.
The growing preference for lightweight materials in the building and construction industry across the globe, surging levels of investment for the development of advanced and improved infrastructure, rising growth in the oil and gas exploration activities, prevalence of shale gas outlook, rapid urbanization are some of the vital as well as important factors which will likely to augment the growth of the intumescent coatings market in the projected timeframe of 2021-2028. On the other hand, increasing usages of the product due to its fire retardant properties along with advancements in new coatings technologies and stringent safety regulations regarding protective equipment in industries which will further contribute by generating massive opportunities that will lead to the growth of the intumescent coatings market in the above mentioned projected timeframe.
Lack of awareness regarding the benefits of the product in developing economies along with availability of low cost alternative which will likely to act as market restraints factor for the growth of the intumescent coatings in the above mentioned projected timeframe. Volatility in the prices of raw material along with concern related to coating applications as well as its durability which will become the biggest and foremost challenge for the growth of the market.
This 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 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.
Global Intumescent Coatings Market Scope and Market Size
Intumescent coatings market is segmented on the basis of type, substrate, resin, technology, composition, end-user, and application technique. 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.
- On the basis of type, the intumescent coatings market is segmented into thin-film intumescent coatings, and thick-film intumescent coatings. Thin-film intumescent coatings have been further segmented into water-based thin-film intumescent coatings, and solvent-based thin-film intumescent coatings.
- Based on substrate, the intumescent coatings market is segmented into structural steel and cast iron, wood, and others. Others have been further segmented into walls, fiberglass, plasterboards, and concrete.
- On the basis of resin, the intumescent coatings market is segmented into acrylic, epoxy, polyurethane, alkyd, and others.
- Based on technology, the intumescent coatings market is segmented into water based, solvent based, epoxy based, and powder based.
- On the basis of composition, the intumescent coatings market is segmented into hydrocarbons, and cellulosic.
- Based on application technique, the intumescent coatings market is segmented into brush/roller, and spray.
- On the basis of end-user, the intumescent coatings market is segmented into building and construction, industrial, aerospace, and others. Other have been further segmented into mining, electrical and electronics, and automotive.
Intumescent Coatings Market Country Level Analysis
Intumescent coatings market is analysed and market size, volume information is provided by country, type, substrate, resin technology, composition, end-user, and application technique as referenced above.
The countries covered in the 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.
Asia-Pacific dominates the intumescent coatings market due to the rapid industrialization as well as urbanization along with easy availability of raw material and prevalence of low stringent laws regarding VOC emissions in the region. North America, and Europe region is expected to hold the largest growth rate due to the increasing growth of the various end-use industries such as automotive, marine and construction in the region.
The country section of the 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.
Competitive Landscape and Intumescent Coatings Market Share Analysis
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 intumescent coatings market.
The major players covered in the intumescent coatings market report are Akzo Nobel N.V.; PPG Industries, Inc; Jotun; The Sherwin-Williams Company; Hempel A/S; Etex Group; Kansai Paint Co.,Ltd.; Teknos Group; 3M; Carboline Company; CPG EUROPE; BASF SE; Contego International Inc.; Isolatek International; GCP Applied Technologies Inc.; Envirograf Passive Fire Products.; Albi Protective Coatings; Arabian vermiculite industries.; No-Burn, Inc.; Demilec (USA) Inc.; 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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