Press release
Intumescent Coatings Market: The global market is expected to grow at a CAGR of 5.2% during the forecasted period.
As per the study initiated by Evolve Business Intelligence, the global Intumescent Coatings Market size accounted for USD 1.5 Billion in 2022, growing at a CAGR of 5.2% from 2023 to 2033. The Intumescent Coatings Market refers to the global industry involved in the production, distribution, and application of intumescent coatings. Intumescent coatings are specialized fire-resistant coatings that expand in the presence of heat or fire, forming an insulating char layer.The growth of the Intumescent Coatings Market is driven by the increasing emphasis on fire safety regulations and standards across various industries and regions. The demand for intumescent coatings is particularly high in commercial buildings, residential complexes, industrial facilities, and transportation infrastructure.
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Key Highlights:
• The global Intumescent Coatings Market size was valued at USD 1.5billion in 2022 growing at a CAGR of 5.2% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has recently released a new market research report on the Global Intumescent Coatings Market. The report covers a wide range of aspects, such as market size and forecast, market dynamics, analysis of competitors' market share, value and volume of the market, SWOT analysis, product benchmarking, recent developments of key players, and potential opportunities. Additionally, the market has been assessed based on four indicators in the market dynamic chapter, including Drivers, Restraints, Key Trends, and Challenges.
In terms of COVID 19 impact, the Intumescent Coatings Market report also includes the following data points:
• COVID19 Impact on Intumescent Coatings Market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Intumescent Coatings Market
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Key Players
Some of the major Intumescent Coatings Market players holding high market share include Hempel A/S, No-Burn Inc., Nullifire and The Sherwin-Williams Company. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Jotun
• Contego International Inc.
• Hempel A/S
• No-Burn Inc.
• Nullifire
• The Sherwin-Williams Company
• Carboline
• Albi Protective Coatings
• Isolatek International
• Rudolf Hensel GmbH
• PPG Industries, Inc.
• 3M
• Sika AG
Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Intumescent Coatings Market:
• Water-based
• Solvent-based
• Epoxy-based
Market Segment By Application with focus on market share, consumption trend, and growth rate of Intumescent Coatings Market:
• Hydrocarbon
• Cellulosic
Market Segment By end-use with focus on market share, consumption trend, and growth rate of Intumescent Coatings Market:
• Construction
• Oil & Gas
• Automotive
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Global Intumescent Coatings Market Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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