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Cellulosic Fire Protection Intumescent Coatings Market worth $725 million by 2028 | Key players ETEX Group (Belgium), Sika AG (Switzerland), RPM International Inc (US).

04-15-2024 11:52 AM CET | Chemicals & Materials

Press release from: MarketsandMarkets

Cellulosic Fire Protection Intumescent Coatings Market, Cellulosic Fire Protection Intumescent Coatings, Fire Protection Intumesce

Cellulosic Fire Protection Intumescent Coatings Market, Cellulosic Fire Protection Intumescent Coatings, Fire Protection Intumesce

According to recent market research the "Cellulosic Fire Protection Intumescent Coatings Market by Type (Water-borne, Solvent-borne), End-use, Material Type (Acrylic, Epoxy, Alkyd, VAE), Substrate Type (Structural Steel & Cast Iron, Wood), and Region - Global Forecast to 2028", size is projected to grow from USD 601 million in 2023 to USD 725 million by 2028, at a CAGR of 3.8%. Cellulosic intumescent coatings are becoming increasingly popular in North America, Europe, Asia-Pacific, the Middle East, and beyond. Fire safety rules and guidelines, as well as a greater emphasis on building resilience, have increased demand for sophisticated fire prevention technologies. These coatings, which are distinguished by their ability to generate insulating char layers and impede flame propagation, are increasingly seen as essential for protecting structures, people, and precious assets. Cellulosic intumescent coatings are increasingly being used in North America and Europe, which are expanding markets with well-established regulatory systems. Their use is widespread, spanning commercial, residential, industrial, and institutional applications. The incorporation of novel formulas that relate to environmental goals increases their attractiveness in these places.

Browse 352 market data Tables and 63 Figures spread through 303 Pages and in-depth TOC on "Cellulosic Fire Protection Intumescent Coatings Market - Global Forecast to 2028"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/cellulosic-fire-protection-european-building-construction-steelwork-intumescent-coating-market-235529408.html

Structural steel, a stalwart in construction, is a prime candidate for cellulosic intumescent coatings due to its prevalent use in various building frameworks. The exceptional strength-to-weight ratio of steel makes it an essential component in creating load-bearing structures. However, steel's vulnerability to fire underscores the criticality of incorporating fire protection measures. When applied meticulously, cellulosic intumescent coatings form a protective barrier that undergoes intumescence during exposure to heat. This process engenders an insulating char layer that retards heat transfer and sustains the structural integrity of the steel, thereby buying valuable time for evacuation and mitigation efforts.

Similarly, cast iron, valued for its durability and versatility, is a prominent substrate type for cellulosic intumescent coatings. Cast iron is prevalent in an array of industrial applications, including pipelines, machinery, and architectural elements. Given its susceptibility to heat-induced structural weakening, employing cellulosic intumescent coatings is integral to maintaining the fire resistance of cast iron components. These coatings effectively curtail heat propagation and safeguard the cast iron substrate from the perils of fire exposure, ensuring sustained operational integrity.

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Europe has emerged as a dominant market for cellulosic fire protection intumescent coatings due to its stringent safety regulations, advanced infrastructure, growing awareness of fire safety, and favorable market conditions. The region's robust safety standards, particularly in construction, transportation, and manufacturing, create a compelling demand for effective fire protection solutions. Europe's well-developed infrastructure, including commercial buildings, residential complexes, transportation networks, and industrial facilities, necessitates reliable fire protection measures, driving the need for cellulosic coatings. The increasing awareness of fire safety among businesses and individuals in Europe, coupled with high-profile incidents and a focus on risk management, has elevated the importance of preventive measures and positioned cellulosic coatings as a trusted solution. Europe's favorable market conditions, such as a strong economy and a conducive business environment, further contribute to its prominence in the cellulosic coatings market.

The key players in the cellulosic fire protection intumescent coatings market include Kansai Paints Co. Ltd (Japan), ETEX Group (Belgium), Sika AG (Switzerland), RPM International Inc (US), Jotun (Norway), PPG Industries, Inc (US), The Sherwin-Williams Company (US), and AkzoNobel N.V. (Netherlands).

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The Sherwin-Williams Company: The Sherwin-Williams Company is a leading provider of paints, coatings, and related products. With a history dating back to 1866, the company has built a strong reputation for quality and innovation in the industry. Sherwin-Williams offers a wide range of products for both professional and consumer use, including paints, stains, varnishes, and sealants. They also provide expert advice and support to help customers achieve the best results. With a strong focus on sustainability, Sherwin-Williams is committed to developing environmentally friendly solutions. Overall, the company is recognized for its high-quality products and excellent customer service.

PPG Industries, Inc: PPG Industries is a global leader in the production of coatings, paints, and specialty materials. They provide a diverse variety of solutions for sectors like automotive, aerospace, construction, and consumer products. PPG Industries delivers high-quality products that satisfy client demands while decreasing environmental impact, with a strong focus on innovation and sustainability. To assure customer satisfaction, they also provide extensive support and services. Overall, PPG sectors, with its vast product range and dedication to quality, is well-positioned to address the unique demands of many sectors.

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