Press release
Fire Protection Coating Market is Growing Rapidly Due to Increase in Adoption of Fire Protection Coating over Conventional Coatings
Fire Protection Coating Market
The growth of the global fire protection coating market is driven by increase in adoption of fire protection coating over conventional coatings. In addition, growing awareness of fire protective coating and stringent fire safety norms and regulations drive the growth of the market. The market has witnessed numerous growth opportunities, owing to the efficiency of these coatings and the widespread range of surfaces on which they can be applied to.
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Fire protection coatings are used to avoid and regulate the spread of fire in end-use industries. These coatings diminish the impairment instigated by fire to the surfaces. They are extensively used in marine, building & construction, and oil & gas industries.
This market study provides a quantitative analysis of the current trends, estimations, and dynamics from 2016 to 2023 to identify the prevailing market opportunities. Major countries in each region are mapped according to the individual market revenue. The region-wise and country-wise market conditions are comprehensively analyzed. This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment across geographies. An in-depth analysis of current research & clinical developments within the market is provided with key dynamic factors.
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The major players operating in the global market focus on key market strategies such as mergers, acquisitions, collaborations, and partnerships.
Some of the key players in the global market include:
• Akzo Nobel N.V.
• BASF SE
• Nippon Paint Co., Ltd.
• Sherwin-Williams Company
• Hempel A/S
• Jotun AS
Segment Review:
The global fire protection coating market is segmented based on type, application, and geography. Based on type, the market is categorized into liquid fire-resistant coatings, powder fire-resistant coating, and others. Building & construction, oil & gas, automotive, aerospace, marine, electrical & electronics, furniture, textiles, and others are the applications of fire protection coatings. By geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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