Press release
Intumescent Coatings Market to grow at 4% CAGR till 2024 | AkzoNobel, Jotun, Hempel A/S, Sherwin-Williams, Carboline Company, 3M, PPG Industries, Crown Paints, Leighs Construction Ltd
Intumescent Coatings Market
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/357
Offshore petrochemical, chemical and steel are prominent industries where product is widely used for fire protection, as environment in these sectors are potently exposed to heat. Increasing fire protection and safety requirement across these industry sectors will significantly boost the product demand across the globe. Furthermore, the global oil & gas consumed in 2015 was 550 quadrillion units, up from around 450 quadrillion units in 2005. This elevation will substantially boost the product demand. Additionally, upcoming shale gas industry in China, Russia and the U.S. will further complement the market size
Graphite, sodium silicate and epoxy resins are primary raw materials in the market share, bottleneck supply dynamics of raw materials in the industry owing to high demand across other industries including construction and automotive may obstruct business growth.
Water based intumescent coatings Industry is forecast to witness highest growth by 2024, particularly due to its ecofriendly characteristics. Favoring government regulations for the technology on account of low VOC levels will fuel the demand over the projected period.
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.
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
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/357
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.
In 2015, the North American industry was close USD 150 million. The regional industry is primarily driven by strong oil and gas industry, and shale gas exploration. The global intumescent coatings industry size was led by Asia Pacific in 2015. Robust construction industry growth in China and India is the major factor driving regional 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.
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
Browse key industry insights spread across 108 pages with 201 market data tables & 18 figures & charts from the report, “Intumescent Coatings Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/intumescent-coatings-market
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
Blog: http://technologymagazine.org/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Intumescent Coatings Market to grow at 4% CAGR till 2024 | AkzoNobel, Jotun, Hempel A/S, Sherwin-Williams, Carboline Company, 3M, PPG Industries, Crown Paints, Leighs Construction Ltd here
News-ID: 1495224 • Views: …
More Releases from Global Market Insights, Inc.
Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
The global hepatitis B vaccine market is poised for significant expansion over the next decade, fueled by rising liver disease cases, expanded immunization coverage, and advancements in vaccine development. Valued at USD 6.7 billion in 2024, the market is projected to reach USD 7.3 billion in 2025 and surge to USD 12 billion by 2034, reflecting a healthy compound annual growth rate (CAGR) of 5.7%.
A major driver behind this growth…
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
More Releases for Intumescent
Global Cellulosic Fire Protection Intumescent Coating Market Trends And Strategi …
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
As per the Cellulosic Fire Protection Intumescent Coating market report by The Business Research Company, The growing building & construction industry supported by increasing urbanization is expected to propel the growth of the cellulosic fire protection intumescent coatings market. These coatings provide fire safety, temperature, and corrosion…
Intumescent Coatings Market Size, Share | Trend 2030
Exclusive Report by Ameco Research: Intumescent Coatings Market Size Projected to Reach USD 2 Billion by 2030, Growing at 5.30% CAGR
Ameco Research is proud to announce the launch of its latest market research report, Intumescent Coatings Market. This comprehensive report provides in-depth analysis and insights into the current market trends and future projections in the Industry/Market Segment. Ameco Research has been at the forefront of providing quality market research…
Intumescent Coating Market Dynamics, Global Size, Share, Revenue and Forecast by …
Global Intumescent Coating Market Report provides a detailed industry overview along with the analysis of Cost Structure, Supply Chain, Development Techniques, Retailers Analysis, Financial Support, business Strategies, Marketing Channels. Global INTUMESCENT COATING Market research report provides a point-by-point In-Depth analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, the impact of domestic and global market players, value chain optimization, trade…
Intumescent Coatings Market Poised for Growth 2020-2027
Zion Market Research, A leading market research firm added a research report on "Intumescent Coatings Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2015 - 2021" to its research database. This Intumescent Coatings Market report analyzes the comprehensive overview of the market comprising an executive summary that covers core trends evolving in the market.
The Intumescent Coatings market report aims to provide a powerful resource to evaluate the Intumescent…
Top 3 trends favoring intumescent coatings market growth
Growing utilization of intumescent coatings for fire proofing purpose in building construction is likely to drive global intumescent coatings market growth. The industry is deriving much of its growth from the construction sector, which is showcasing noteworthy expansion. The overall construction expenditure across the globe is projected to surpass 13 trillion by 2024. Rise in infrastructure refurbishment activity on a global scale may also fuel product demand over the coming…
Cable Coating Market Report 2018: Segmentation by Product (Intumescent Cable Coa …
Global Cable Coating market research report provides company profile for STI Marine, Pyro-Cote, Hy-Tech, Ameetuff Technical Paints Industries, Fire Security, Flame Control, BASF, Emerson, Metacaulk, Hilti and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025,…
