Intumescent Coatings Market - Global Forecast to 2023
DUBLIN, Aug. 13, 2018 /PRNewswire/ --
The "Intumescent Coatings Market by Type (Thin-Film, Thick Film), Substrates (Structural Steel & Cast Iron, Wood), Application Technique (Spray, Brush & Roller), End-use Industry (Building & Construction, Industrial), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The intumescent coatings market is projected to grow from an estimated USD 900.1 million in 2018 to USD 1,110.0 million by 2023, at a CAGR of 4.3% from 2018 to 2023
Intumescent coatings are used for passive fire protection in end-use industry segments, such as building & construction, industrial, and aerospace. Intumescent coatings act as a protective barrier for substrates against fire to provide rescue and evacuation time in the event of a fire. Increasing awareness, regulations, and emphasis regarding the safety measures for the building & construction industry as well as the increasing preference for lightweight materials in the building & construction industry are driving the market for intumescent coatings.
The intumescent coatings market is segmented by type, substrate, application technique, end-use industry, and region. By type, the thin-film intumescent coatings segment is projected to lead the intumescent coatings market during the forecast period, in terms of value. Thin-film intumescent coatings are the most preferred type used in the building & construction industry for passive fire protection against cellulosic fires.
By substrate, the structural steel & cast iron segment is projected to grow at the highest CAGR between 2018 and 2023. The high growth of this segment is attributed to the increase in building & construction activities that use steel.
Intumescent Coatings Market
The intumescent coatings market in Asia Pacific is estimated to be the largest globally. Establishment of manufacturing facilities in the region and growth in the construction industry in countries such as China, India, and Indonesia is expected to drive the demand for intumescent coatings in the region,
Use of low-cost alternatives in developing economies is restraining the intumescent coatings market globally. Urbanization and increasing building & construction activities offer growth opportunities to the intumescent coatings market.
Key players in the intumescent coatings market include AkzoNobel (Netherlands), PPG (US), Jotun (Japan), The Sherwin-Williams Company (US), and Hempel (Denmark).
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Significant Opportunities in the Intumescent Coatings Market
4.2 Intumescent Coatings Market, By Application Technique
4.3 Ntumescent Coatings Market, By Type and By Region
4.4 Intumescent Coatings Market, By End-Use Industry
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Awareness, Regulations, and Emphasis on Safety Measures
5.2.1.2 Increasing Preference for Lightweight Materials in the Building & Construction Industry
5.2.2 Restraints
5.2.2.1 Use of Low Cost Alternatives and Lack of Awareness in Developing Economies
5.2.3 Opportunities
5.2.3.1 Increasing Urbanization and Growing Building & Construction Industry
5.2.4 Challenges
5.2.4.1 Concerns Related to the Coating Application and Durability
5.3 Porter's Five Forces Analysis
5.4 Macroeconomic Indicators
5.4.1 Gdp Growth Rate Forecast of Major Economies
6 Intumescent Coatings Market, By Type
6.1 Introduction
6.2 Thin-Film Intumescent Coatings
6.2.1 Water-Based Thin-Film Intumescent Coatings
6.2.2 Solvent-Based Thin-Film Intumescent Coatings
6.3 Thick-Film Intumescent Coatings
7 Intumescent Coatings Market, By Substrate
7.1 Introduction
7.2 Structural Steel & Cast Iron
7.3 Wood
7.4 Others
8 Intumescent Coatings Market, By Application Technique
8.1 Introduction
8.2 Spray
8.3 Brush & Roller
9 Intumescent Coatings Market, By End-Use Industry
9.1 Introduction
9.2 Building & Construction
9.3 Industrial
9.4 Aerospace
9.5 Others
10 Intumescent Coatings Market, By Region
11 Competitive Landscape
11.1 Overview
11.2 Competitive Scenario
11.3 Market Ranking
12 Company Profiles
12.1 Akzonobel
12.2 PPG
12.3 Jotun
12.4 The Sherwin-Williams Company
12.5 Hempel
12.6 Promat International
12.7 Kansai Paint
12.8 Teknos Group
12.9 Carboline
12.10 3M
12.11 Nullifire
12.12 Other Key Players in the Intumescent Coatings Market
12.12.1 Sika AG
12.12.2 BASF SE
12.12.3 Contego International, Inc.
12.12.4 Isolatek International
12.12.5 GCP Applied Technologies Inc.
12.12.6 Intumescent Systems Ltd.
12.12.7 Albi Manufacturing
12.12.8 Arabian Vermiculite Industries
12.12.9 Bollom Fire Protection
12.12.10 No-Burn, Inc.
12.12.11 SKK Pte. Ltd.,
12.12.12 Demilec USA, Inc.
12.12.13 Monarch Industrial Products
12.12.14 Gangotri Hi-Tech Coatings
For more information about this report visit https://www.researchandmarkets.com/research/wjll8x/intumescent?w=5
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