Global Intumescent Coatings For Fireproofing and Spray-Applied Fire-Resistive Materials Market – Growing With a CAGR of 5.1%, Industry Trends, Key players, Business Outlook and Forecast to 2028
An all-inclusive Intumescent Coatings For Fireproofing and Spray-Applied Fire-Resistive Materials market report is prepared using data sourced from in-house databases, secondary and primary research performed by a team of industry experts. This report employs the SWOT analysis technique for the assessment of the development of the most remarkable market players. An excellent market report can be explored in terms of breakdown of data by manufacturers, region, type and application, market status, market share, growth rate, future trends, market drivers, opportunities and challenges, emerging trends, risks and entry barriers, sales channels, and distributors. The market is also well analyzed on the basis of numerous regions in the supreme Intumescent Coatings For Fireproofing and Spray-Applied Fire-Resistive Materials report.
Global Intumescent Coatings For Fireproofing and Spray-Applied
Fire-Resistive Materials market
research report has complete overview of the market, covering various aspects
such as product definition, segmentation based on various parameters, and the
prevailing vendor landscape. Moreover, in the market report, the key product
categories are also included. The report
includes historic data, present market trends, product consumption,
environment, technological innovation, future prospects, upcoming technologies
and the technical progress in the related industry. The comprehensive Intumescent
Coatings For Fireproofing and Spray-Applied Fire-Resistive Materials market report also demonstrates supportive
data related to the dominant players in the market such as product offerings,
revenue, segmentation, and business synopsis.
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Intumescent coatings for fireproofing and
spray-applied fire-resistive materials market
is expected to gain market growth in the forecast period of 2021 to 2028. Data
Bridge Market Research analyses that the market is growing with a CAGR of 5.1%
in the forecast period of 2021 to 2028 and is expected to reach USD
2,524,336.06 thousand by 2028.
The intumescent coating
for fireproofing and spray-applied fire-resistive market report provides
details of market share, new developments, and product pipeline analysis, the
impact of domestic and localized market players, analyses opportunities in
terms of emerging revenue pockets, changes in market regulations, product
approvals, strategic decisions, product launches, geographic expansions, and
technological innovations in the market. To understand the analysis and the
market scenario, contact us for an Analyst Brief. Our team will help you create
a revenue impact solution to achieve your desired goal.
Global Intumescent Coatings For Fireproofing And Spray-Applied
Fire-Resistive Materials Market Scope And Market Size
The
intumescent coatings for fireproofing and spray-applied fire-resistive
materials market is segmented into seven notable segments, which are based on
the product type, type, resin, substrate, technology, application, and
end-user. The growth among segments helps you analyze niche pockets of growth
and strategies to approach the market and determine your core application areas
and the difference in your target markets.
·
On the basis of
product type, the intumescent coatings for fireproofing and spray-applied
fire-resistive materials market is segmented into intumescent coatings for
fireproofing and spray-applied fire-resistive materials. In 2021, the
intumescent coatings for fireproofing segment is dominating the market because
of the huge adoption of intumescent coatings for fireproofing in new
construction projects. Further, it is also used for the maintenance of old
projects such as residential as well as commercial buildings
·
On the basis of type,
the intumescent coatings for fireproofing and spray-applied fire-resistive
materials market is segmented into thick-film and thin-film. In 2021, the
thick-film segment is dominating the market because such type of fireproofing
coating is usually epoxy-based which has higher dry film thickness compared to
the thin film, thus further boosting the demand for thick-film in the forecast
year.
·
On the basis of
resins, the intumescent coatings for fireproofing and spray-applied
fire-resistive materials market is segmented into epoxy, acrylic, alkyd,
polyurethane, and others. In 2021, the epoxy segment is dominating the market
because the epoxy-based resin has high corrosion resistance. As a result, it is
not affected by water as well as heat as compared to other resins, which helps
to boost its demand in the forecast year.
·
On the basis of
substrate, the intumescent coatings for fireproofing and spray-applied
fire-resistive materials market is segmented into structural steel & cast
iron, wood, composite elements, and others. In 2021, the structural steel &
cast iron segment is dominating the market because structural steel & cast
iron offer excellent mechanical properties due to their rigidity and excellent
load-bearing capabilities. This also helps to boost the demand for intumescent
coatings for applications on structural steel & cast iron substrates in the
forecast year.
·
On the basis of
technology, the intumescent coatings for fireproofing and spray-applied
fire-resistive materials market is segmented into epoxy-based, water-based,
solvent-based, and powder-based. In 2021, the epoxy-based segment is dominating
the market because epoxy-based coatings provide excellent hydrocarbon fire
protection due to which can be used in the harshest environment, thereby
further boosting its demand in the forecast year.
·
On the basis of
application, the intumescent coatings for fireproofing and spray-applied
fire-resistive materials market is segmented into hydrocarbons and cellulosic.
In 2021, the hydrocarbons segment is dominating the market because coatings
that offer protection against hydrocarbon fires are effective as well as
efficient passive fire protection of steel structures also in high-risk
environments such as offshore platforms and petrochemical plants. This helps to
boost its demand in the forecast year.
·
On the basis of
end-user, the intumescent coatings for fireproofing and spray-applied
fire-resistive materials market is segmented into building and construction,
oil and gas, industrial, automotive, aerospace, and others. In 2021, the
building & construction segment is dominating the market because the
fireproofing coating is commonly used in the construction of residential as
well as commercial buildings in order to restrict fire. This helps to boost its
demand in the forecast year.
Intumescent Coatings For Fire Proofing And Spray Applied Fire
Resistive Materials Materials Market Share Analysis
Intumescent coatings for fireproofing and spray-applied
fire-resistive materials market competitive landscape provides details by a 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, company strengths and
weaknesses, product launch, product trials pipelines, product approvals,
patents, product width and breadth, application dominance, technology lifeline
curve. The above data points provided are only related to the companies' focus
related to global Intumescent coatings for fireproofing and spray-applied
fire-resistive materials market.
The
major players covered in the report are Jotun (a subsidiary of Orkla), PPG
Industries, Inc., Akzo Nobel N.V., The Sherwin-Williams Company, Hempel A/S,
3M, GCP Applied Technologies Inc., MBCC Group, No-Burn, Inc., Contego
International Inc., Teknos Group, Carboline (a subsidiary of RPM International
Inc.), Arabian vermiculite industries, Sika AG, Etex Group, Albi Protective
Coatings, Flame Control, CPG EUROPE, Rudolf Hensel GmbH, Isolatek International
among other domestic and global players. DBMR analysts understand competitive
strengths and provide competitive analysis for each competitor separately.
Many
product developments are also initiated by the companies worldwide, which are
also accelerating the growth of intumescent coatings for fireproofing and
spray-applied fire-resistive materials market.
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For instance,
§
In June 2021,
Carboline announced that it is acquiring Dudick Inc., a prominent leader of
high-performance coatings in the world. The company expects to diversify its
product portfolio and expand its overall business with this acquisition.
§
In June 2019, GCP
Applied Technologies Inc. was honored with the Women on Boards award for
achieving at least 20% women's representation on the company board. Women on
Boards are a collective that works to spread awareness and momentum towards
ensuring ample women participation in public company boards. The company
expects this award to improve its goodwill and help it to achieve a name among
its competitors.
Partnership,
joint ventures, and other strategies enhance the company's market share with
increased coverage and presence. It also provides the benefit for the
organization to improve their offering for intumescent coatings for
fireproofing and spray-applied fire-resistive materials through an expanded
range of sizes.
Qualitative and quantitative analysis of the market based on
segmentation involving both economic as well as non-economic factors
·
Provision of market value (USD) data for each
segment and sub-segment
·
Indicates the region and segment that is
expected to witness the fastest growth as well as to dominate the market
·
Analysis by geography highlighting the
consumption of the product/service in the region as well as indicating the
factors that are affecting the market within each region
·
Competitive landscape which incorporates the
market ranking of the major players, along with new service/product launches,
partnerships, business expansions and acquisitions in the past five years of
companies profiled
·
Extensive company profiles comprising of
company overview, company insights, product benchmarking and SWOT analysis for
the major market players
·
The current as well as the future market
outlook of the industry with respect to recent developments (which involve
growth opportunities and drivers as well as challenges and restraints of both
emerging as well as developed regions
·
Includes an in-depth analysis of the market of
various perspectives through Porter’s five forces analysis
·
Provides insight into the market through Value
Chain
·
Market dynamics scenario, along with
growth opportunities of Intumescent
Coatings For Fireproofing and Spray-Applied Fire-Resistive Materials market in the
years to come.
Intumescent
Coatings For Fireproofing And Spray-Applied Fire-Resistive Materials Market
Country Level Analysis
Intumescent coatings for fireproofing and spray-applied
fire-resistive materials market is analyzed, and market size information is provided
by country, product type, type, resin, substrate, technology, application, and
end-user.
The countries covered in intumescent coatings for fireproofing
and spray-applied fire-resistive materials market report are the U.S., Canada,
Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland,
Belgium, Netherlands, Luxemburg, Rest of Europe, Japan, China, South Korea,
India, Australia and New Zealand, Singapore, Thailand, Indonesia, Malaysia,
Philippines, Rest of Asia-Pacific, Brazil, Argentina, rest of South America,
South Africa, Egypt, Saudi Arabia, U.A.E., Israel, rest of Middle East and
Africa.
Asia-Pacific dominates the intumescent coatings for
fireproofing, and spray-applied fire-resistive materials market as in China and
India, the production, import, and consumption of intumescent coatings for
fireproofing and spray-applied fire-resistive materials is increasing. The
Asia-Pacific region is expected to grow with the highest growth rate in the
forecast period of 2021 to 2028 because of the high construction and building
activities happening in the region. While Germany is dominating in the European
region due to increasing automotive production, the U.S. is dominating in the
North American region due to growth in aerospace and oil and gas industry in
the region.
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have an objective understanding of market opinions. Our research provides a
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Our analysis assesses market
investment centres based on projected demand, returns, and profit margins. By
using our market research, our clients may concentrate on the most important
investment centres.
Identifying and assessing possible
business partners:
Our research and insights assist our
clients in identifying business partners.
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