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Building For The Future Urbanization Drives Growth In The Cellulosic Fire Protection Intumescent Coatings Marke Driver: A Major Catalyst in the Evolution of the Cellulosic Fire Protection Intumescent Coating Market in 2025

02-21-2025 09:04 AM CET | Chemicals & Materials

Press release from: The Business Research Company

Cellulosic Fire Protection Intumescent Coating Market

Cellulosic Fire Protection Intumescent Coating Market

Which drivers are expected to have the greatest impact on the over the cellulosic fire protection intumescent coating market's growth?
The cellulosic fire protection intumescent coatings market is predicted to expand, driven by the escalating building and construction industry and an increase in urbanization. Offering fire safety, temperature control, and corrosion resistance, these coatings are essential for both residential and commercial structures. For example, the value of the residential building construction market is projected to rise from $3489.4 billion in 2020 to $5193.7 billion in 2025. Due to the mounting construction of residential and non-residential buildings worldwide, anticipation surrounds an increased demand for cellulosic fire protection intumescent coatings in the upcoming years.

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What is the future CAGR of the cellulosic fire protection intumescent coating market, and how will it impact industry expansion?
In recent years, there has been a significant surge in the size of the cellulosic fire protection intumescent coating market. The market, valued at $0.61 billion in 2024, is predicted to reach $0.64 billion in 2025, with a compound annual growth rate (CAGR) of 5.3%. This increment during the historic period is related to elements such as compliance with building safety regulations, the expansion of the construction industry, escalated fire occurrences, the increase in urbanization and skyscrapers, and infrastructure advancement.

The market size of cellulosic fire protection intumescent coatings is predicted to witness robust growth in the upcoming years, eventually expanding to $0.84 billion in 2029 with a 7.0% compound annual growth rate (CAGR). The projected growth in the said period is likely due to factors such as energy efficiency, resilience in infrastructure, the rise of intelligent buildings, developmental changes in construction materials, and heightened usage in industrial applications. Noteworthy trends during the forecast period encompass enhancements in coating technology, technological advancements, superior intumescent technologies, intelligent fire safety systems, and the incorporation of fire-resistant materials into architectural designs.

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What are the most significant trends transforming the cellulosic fire protection intumescent coating market today?
The cellulosic fire protection intumescent coatings market is being revolutionized by the launch of innovative and advanced solutions. To provide superior safety and reduce the need for multiple coats, industry leaders are investing heavily in research and development. A case in point is Jotun, a chemical company based in Norway. In April 2022, they introduced SteelMaster 1200HPE, a high-efficacy epoxy intumescent coating that shields infrastructure buildings from cellulosic fires for a duration of up to 120 minutes. This optimum intumescent product is ideal for off-site use and accelerates the construction process. Since several coats can be applied in one shift without delay and enhance constructability, it aids in saving both time and financial resources for our clients.

Which key market segments comprise the cellulosic fire protection intumescent coating market and drive its revenue growth?
The cellulosic fire protection intumescent coating market covered in this report is segmented -

1) By Type: Solvent-borne, Water-borne
2) By Application: Residential, Commercial
3) By End Use Industry: Construction, Automotive, Oil and Gas, Other End Use Industries

Subsegments:
1) By Solvent-borne: Solvent-borne Acrylic Intumescent Coatings, Solvent-borne Alkyd Intumescent Coatings
2) By Water-borne: Water-borne Acrylic Intumescent Coatings, Water-borne Epoxy Intumescent Coatings

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What regions are at the forefront of cellulosic fire protection intumescent coating market expansion?
North America was the largest region in the cellulosic fire protection intumescent coating market in 2024. The Asia-Pacific is expected to record the fastest growth over the forecast period. The regions covered in the cellulosic fire protection intumescent coating market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the leading players fueling growth in the cellulosic fire protection intumescent coating market?
Major companies operating in the cellulosic fire protection intumescent coating market include AkzoNobel N.V, The Sherwin-Williams Company, PPG Industries Inc., Jotun AS, Hempel A/S, Contego International Inc., No-Burn Inc., Nullifire Ltd., Carboline Company, Albi Protective Coatings, Isolatek International Ltd., Rudolf Hensel GmbH, 3M Company, Sika AG, Tor Coatings Ltd., Kansai Paints Co. Ltd., ETEX Group Ltd., RPM International Inc., Teknos Group And Paints Private Limited, Leighs Paints Ltd., Sherwin-Williams Protective & Marine Coatings, Firetherm Intumescent & Insulation Supplies Ltd., Albi Manufacturing Ltd., Demilec Inc., GCP Applied Technologies Inc., Firefree Coatings Inc., International Paint Ltd, A/D Fire Protection Systems Inc., Crown Paints Ltd.

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What Is Covered In The Cellulosic Fire Protection Intumescent Coating Global Market Report?

•Market Size Forecast: Examine the cellulosic fire protection intumescent coating market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the cellulosic fire protection intumescent coating market for a structured understanding.
•Key Players Overview: Analyze major players in the cellulosic fire protection intumescent coating market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cellulosic fire protection intumescent coating market.
•Segment Contributions: Evaluate how different segments drive overall growth in the cellulosic fire protection intumescent coating market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cellulosic fire protection intumescent coating market.
•Industry Challenges: Identify potential risks and obstacles affecting the cellulosic fire protection intumescent coating market.
•Competitive Landscape: Review strategic developments in the cellulosic fire protection intumescent coating market, including expansions, agreements, and new product launches.

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