Global Intumescent Coatings Market: Global Industry Analysis and Forecast 2018-2026
Global Intumescent Coating Market was valued US$ 742.5 Mn in 2017, and expected to reach US$ $ 1240.3 Mn by 2026, at CAGR of 6.62 % during forecast period.
The intumescent coatings play a vital role in fire protection of structural elements. It covers a wide range of structural sections including universal beams and columns, circular and rectangular hollow sections, and concrete-filled tubes. The intumescent coating is possible to protect people for up to three hours after fire breaks out. Intumescent coatings are applied to steel buildings either on or off-site to prevent structural failure in the event of the fire. Intumescent coatings have become the preferred choice for the protection of structural steel. This is a result of their ability to provide a cost-effective passive fire protection solution while maintaining the aesthetic qualities of the steel, which is being demanded by more and more architects and engineers.
Based on the type of resin, Intumescent coatings market has been classified as acrylic, epoxy, and polyurethane. Over the past few years, the market has shifted to the epoxy-based coating.
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In terms of the type of technology, the market has been classified into solvent-based, water-based, and epoxy-based coating. Over the coming years, the demand of the epoxy-based coating increases remarkably. A new water-based resin technology, based on the same chemistry and expertise, has been developed to meet the fire-resistance requirements of best-in-class products.
The oil & gas industry in the Asia Pacific is growing due to the rising demand for energy and petrochemicals. Countries such as India, Malaysia, Indonesia, China, South Korea, and Japan are experiencing an increase in offshore drilling activities. The growth in population Increases oil production in the emerging economies will boost the consumption of intumescent coatings in the oil & gas sector during the forecast period.
The building and construction sector is the dominant use of intumescent coatings in Europe. The demand for fire protection in the transportation and consumer electronics industries is anticipated to fuel the demand for intumescent coatings in Europe over the forthcoming years. The demand for polyurethane-based technology is estimated to increase in the region due to technological advancements in the near future.
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Scope of Global Intumescent Coatings Market:
Global Inducement Coating Market, by Resin type
• Acrylic
• Epoxy
• Polyurethane
Global Inducement Coating Market, by Technology
• Solvent based
• Water-based
• Epoxy-based
Global Inducement Coating Market, by Application
• Building & Construction
• Oil & Gas
• Transportation
• Consumer Electronics
Global Inducement Coating market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players analysed in the Report:
• Sherwin Williams
• PPG Industries Inc.
• Akzo Nobel NV
• Jotun
• RPM
• Albi-Stan Chem
• JOTUN
• Flame Control
• 3M
• SKK
• Demilec
• Isolate
MAJOR TOC OF THE REPORT
Chapter One: Intumescent Coating Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Intumescent Coating Market Competition, by Players
Chapter Four: Global Intumescent Coating Market Size by Regions
Chapter Five: North America Intumescent Coating Revenue by Countries
Chapter Six: Europe Intumescent Coating Revenue by Countries
Chapter Seven: Asia-Pacific Intumescent Coating Revenue by Countries
Chapter Eight: South America Intumescent Coating Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Intumescent Coating by Countries
Chapter Ten: Global Intumescent Coating Market Segment by Type
Chapter Eleven: Global Intumescent Coating Market Segment by Application
Chapter Twelve: Global Intumescent Coating Market Size Forecast (2019-2026)
Browse Full Report with Facts and Figures of Intumescent Coating Market Report at: https://www.maximizemarketresearch.com/market-report/global-intumescent-coating-market/22946/
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