Huge Demand for Intumescent Coatings Market by Constraint, Production, Summary and Future Prospects 2027 at CAGR of 4.1% | Akzonobel, The Sherwin-Williams Company, Promat International, Teknos Group, BASF SE

The global intumescent coatings market is forecast to reach USD 1.25 Billion by 2026, according to a new report by Reports and Data. Intumescent coatings are generally referred to as intumescent paint, which are used in buildings as a passive fire resistance measure. They are applied to structural members as an aesthetically pleasing fireproofing product. Intumescent coatings expand when exposed significantly to high temperatures, such as, those products that come in contact with fire.

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Key participants include Akzonobel, The Sherwin-Williams Company, Promat International, Teknos Group, BASF SE, Contego International, Inc., GCP Applied Technologies Inc., Bollom Fire Protection, Arabian Vermiculite Industries, and SKK Pte Ltd., among others.

Intumescent coatings, when applied by a spray, provides a thick and spongy surface that requires a finish covering to hide and protect the steel. They offer the same level of coating that looks like a thin layer of paint.

An increase in the investment in oil and gas exploration, coupled with development in technology, are also stimulating market growth. Intumescent coatings are used as passive fire protection, which reduces the risk of explosion. Rapid urbanization, growth in economy, and efficient transportation facilities have increased the application of natural gas and increased usage of vehicles. This has also spurred the market growth.

Growth in demand for substitutes such as cementitious coating due to its light-weight nature, hassle-free applications, and low cost are hindering the growth of the market. Furthermore, low awareness regarding the benefits of these products in countries such as Thailand, China, and India are hampering the market growth.

For the purpose of this report, Reports and Data have segmented into the global Intumescent Coatings market on the basis of technology type, substrate, application, end-use industry, and region:

Technology Type Outlook (Volume: Kilo Tons; Revenue: USD Million; 2016-2026)
o Water-Based
o Solvent-Based
o Epoxy-Based

Substrate Outlook (Volume: Kilo Tons; Revenue: USD Million; 2016-2026)
o Structural Steel & Cast Iron
o Wood
o Others

Application Outlook (Volume: Kilo Tons; Revenue: USD Million; 2016-2026)
o Hydrocarbons
o Cellulosic

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End-Use Industry Outlook (Volume: Kilo Tons; Revenue: USD Million; 2016-2026)
o Building and Construction
o Industrial
o Aerospace
o Oil and Gas
o Automotive
o Others

Regional Outlook (Revenue in USD Million; 2016-2026)
o North America (United States, Canada and Mexico)
o Europe (Germany, France, UK, Russia and Italy)
o Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
o South America (Brazil, Argentina, Colombia)

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4. Market segments segregated on the basis of type, application, and geography
5. Comprehensive analysis of the historical data and contemporary market scenario to infer industry size, volume, share, growth, and sales
6. Investigation of significant developments in the market dynamics
7. Market segments and regions

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