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Intumescent Coatings Market incredible future growth | 2018 Key Players are AkzoNobel, Jotun, Sherwin-Williams, Carboline Company, 3M, PPG Industries, Crown Paints, Leighs Construction Ltd, Hempel A/S, Isolatek International, Flame Control Coatings, LLC.

Intumescent Coatings Market

Intumescent Coatings Market

Intumescent coatings Market is expected to reach USD 1.3 billion by 2024, according to new research report. Intumescent coatings are used for fireproofing and fire protection application in oil & gas, chemical, construction and steel industry. The coating swells during elevated temperature providing protection against fire and rising temperature.

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Intumescent coatings Market is driven by increased global spending on construction industry. It swells when exposed to rising temperature or fire, increasing its volume and decreasing the density. This characteristic makes it favorable to be used as fire proofing material in civil structures. Construction industry is expected to reach USD 13 trillion by 2024 due to growing population and increased investments in infrastructure by nations.

The solvent based intumescent coatings industry size was over USD 110 million in 2015. The industry shall observe modest gains by 2024 due to due to stringent environmental norms. Cellulosic intumescent coatings market size will see growth of around 4.5% over the projected timeframe. Increasing demand in the construction business shall drive growth by 2024.

Hydrocarbon intumescent coatings industry share is likely to witness maximum growth in the coming years. These are extensively used in the petrochemical and energy sector, where fire protection and insulation is essentially required.

The overall industry revenue from oil & gas applications was approximately USD 400 million in 2015. Increasing product requirement in the business for fireproofing and fire protection applications due to prevalence of fire safety norms will substantially elevate the product demand by 2024.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. AkzoNobel
2. Contego International Inc.
3. Jotun
4. Hempel A/S
5. Nullifire
6. No-Burn Inc.
7. Sherwin-Williams
8. Carboline Company
9. Albi Manufacturing
10. Leighs Construction Ltd
11. Isolatek International
12. 3M
13. PPG Industries
14. Crown Paints
15. FIRETHERM INTUMESCENT AND INSULATION SUPPLIES LIMITED
16. Rudolf Hensel GmbH
17. Flame Control Coatings, LLC.
18. Bollom Fire Protection

Intumescent coatings market by technology
• Water based
• Solvent based
• Epoxy based

Intumescent Coatings market by application
• Hydrocarbons
• Cellulosic

Intumescent Coatings market by end-user
• Construction
• Oil & Gas
• Automotive
• Others

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/357

APAC intumescent coating market is estimated to be sizing over USD 435 million by 2024 due to availability of raw material, cheap labor and increasing investment in construction industry should propel regional market growth.

In 2015, the intumescent coatings market was comprised of six major industry players contributing more 50% of the global share. Key companies include 3M, Sherwin-Williams, Carboline, Albi Manufacturing, AkzoNobel, PPG Industries Inc., Hempel Rudolf Hensel, Null Fire, Flame Control, Contego International, Jotun, Albi Manufacturing, Leighs Paints and Crown Paints.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

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