Global Intumescent Coatings Market By Type (Thin-Film Intumescent Coatings, Thick-Film Intumescent Coatings), Substrate (Structural Steel & Cast Iron, Wood, Others), Resin (Acrylic, Epoxy, Polyurethane, Alkyd, Others), Technology (Water Based, Solvent Based, Epoxy Based, Powder Based), Application (Hydrocarbons, Cellulosic), Application Technique (Brush/Roller, Spray), End-User (Building & Construction, Industrial, Aerospace, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Pune, India -- (SBWIRE) -- 02/19/2019 -- The Global Intumescent Coatings Market report also provides Porter analysis, PESTEL analysis and market attractiveness which helps to better understand the market scenario on macro and micro level. Side by side, it also explicitly provides information about mergers, acquisitions, joint ventures, and all the other important activities occurred in the market during current and past few years. The Intumescent Coatings Market report explores manufacturer's competitive scenario and provides market share for all major players of this market based on production capacity, sales, revenue, geographical presence and other major factors.
Global Intumescent Coatings Market is set to rise from its initial estimated value of USD 896.92 million in 2018 to an estimated value of USD 1275.51 million by 2026, registering a CAGR of 4.5% in the forecast period of 2019-2026. This rise in market value can be attributed to the increased awareness regarding the benefits of intumescent coatings in providing time and acting as a barrier between the substrate material and fire, so that the rescue authorities can interject and take the correct course of action.
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This report will help you understand:
- Market share (regional, product, application, and end-user) both in terms of volume and revenue along with CAGR from 2019 to 2026
- Key parameters which are driving market and restraining its growth.
- Report will help you understand Industry Research, Market Size and Forecast, Market Entry Strategy, Competitive Intelligence, Pricing Analysis, Consumer Insights, Procurement Intelligence, Next-generation Technologies, etc.
Major Market Competitors/Players: Global Intumescent Coatings Market
Company profiled in this report based on Business overview, financial data, Product landscape, Strategic outlook & SWOT analysis:
BASF, PPG Industries, Jotun, Sherwin-Williams, Hempel A/S, Promat, Kansai Paint Co.,Ltd, Teknos, 3M, Carboline Company, Isolatek International, Demilec, Benjamin Moore & Co., GCP Applied Technologies, tremco illbruck group, Envirograf®, Albi Protective Coatings, Arabian Vermiculite Industries, No-Burn, Inc., Monarch Industrial Products, Rudolf Hensel GmbH, Contego International Inc., Kansai Paint Singapore.
Market Drivers: Global Intumescent Coatings Market
- Increasing concerns and awareness regarding the safety from fires, and benefits of intumescent coatings for fire-resistance is expected to drive the market growth
- Increasing urbanization and preferences of light weighted materials and the need for coating them with fire resistant coatings is also expected to drive the market growth
Market Restraints: Global Intumescent Coatings Market
- Lack of penetration and awareness regarding the presence in developing countries is expected to drive the market growth
- Concerns regarding the durability of applications of intumescent coatings is also expected to restrain the market growth
Competitive Analysis: Global Intumescent Coatings Market
Global intumescent coatings market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of intumescent coatings market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Developments in the Market: Global Intumescent Coatings Market
- In July 2017, PPG Industries Inc., announced that they plant to acquire The Crown Group and that the transaction will be completed by the third quarter of 2017, this acquisition is aimed at enabling PPG Industries Inc., to combine its coatings manufacturing business with The Crown Group's coatings application business.
- In June 2017, The Sherwin-Williams Company announced that they had acquired The Valspar Corporation creating a global leader for paints and coatings and enhancing the market share and capabilities of The Sherwin-Williams Company.
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Table of Contents: Global Intumescent Coatings Market
- Executive Summary
- Scope/opportunities of the Report
- Research Methodology
- Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis