Press release
Intumescent Coatings Market - end use segment to hit USD 588 million by 2024, Top Companies like AkzoNobel, Jotun, Hempel A/S, Carboline Company
Intumescent Coatings Market
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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. Rudolf Hensel GmbH
Asia Pacific is the largest regional market in the industry. Increasing industrialization, together with growing construction activities mainly in Vietnam, India and Bangladesh is poised to boost regional consumption. Asia Pacific is likely to continue its dominance, owing to strong infrastructure expenditure. Furthermore, rising industrialization and growing awareness about fire safety is anticipated to witness a drive in use during the projected period. U.S. intumescent coatings market share is likely to hit USD 143.7 million in next six years with prospective opportunity from the aerospace industry. Furthermore, LATAM and MEA are expected to propose noteworthy potential opportunity for industry participants during the projected time frame.
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Intumescent Coatings Market size will be propelled by strong growth indicators in the construction industry. These coatings are extensively used in the civil structures due to swelling characteristics on contact with high temperature, where product volume increases and density subsides. This product characteristic makes it appropriate for fireproofing applications in the construction business. Graphite, sodium silicate and epoxy resins are primary raw materials in the intumescent coatings 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 market 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 market size was over USD 110 million in 2015.
Table Of Content For This Research Report:
Chapter 5 Intumescent Coatings Market, By Technology
5.1 Intumescent coatings market by technology market share, 2016 & 2024
5.2 Water Based
5.2.1 Global intumescent coatings market from water based technology, 2013-2024, (Kilo Tons) (USD Million)
5.2.2 Global intumescent coatings market from water based technology, by region, 2013-2024, (Kilo Tons) (USD Million)
5.3 Solvent Based
5.3.1 Global intumescent coatings market from solvent based technology, 2013-2024, (Kilo Tons) (USD Million)
5.3.2 Global intumescent coatings market from solvent based technology, by region, 2013-2024, (Kilo Tons) (USD Million)
5.4 Epoxy Based
5.4.1 Global intumescent coatings market from epoxy based technology, 2013-2024, (Kilo Tons) (USD Million)
5.4.2 Global intumescent coatings market from epoxy based technology, by region, 2013-2024, (Kilo Tons) (USD Million)
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/intumescent-coatings-market
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