Cellulosic Fire Protection Intumescent Coatings Market worth $584 million by 2025

Research Reports

Jul 21, 2021

According to the new market research report “Cellulosic Fire Protection Intumescent Coatings Market by Type (Solvent-borne, Water-borne), End-Use (Residential, Commercial), and Region (North America, Europe, APAC, South America, MEA) – Global Forecast to 2025“, The global cellulosic fire protection intumescent coatings market size is projected to grow from USD 494 million in 2020 to USD 584 million by 2025, at a CAGR of 3.4% between 2020 and 2025. The growth is attributed to the growing residential and non-residential building constructions in the developed countries that are projected to drive the market.

Don’t miss out on business opportunities in Cellulosic Fire Protection Intumescent Coatings Market

Speak to our analyst and gain crucial industry insights that will help your business grow: 
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=235529408

In commercial and residential constructions, steel is also used as a building material in framing. The use of steel in construction activities is increasing because of its high tensile and compressive strength, low cost, and recyclable nature. With the rising demand for steel in building and construction activities, the use of intumescent coatings is also expected to increase.

In developed countries, stringent government regulations pertaining to safety from fire are a major factor driving the cellulosic fire protection intumescent coatings market. The international building standards and codes, coupled with the growing preference for the construction of green buildings in developed countries, have supported the growth of the market. In countries, such as the US, EU-5 and Nordic Countries, the demand for eco-friendly, low-VOC, and sustainable products are gaining traction, resulting in increasing demand for waterborne paints and coatings over solvent-borne coatings.

Browse and in-depth TOC on “Cellulosic Fire Protection Intumescent Coatings Market – Global Forecast to 2025”

227 – Tables
44 – Figures
208 – Pages

View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/cellulosic-fire-protection-european-building-construction-steelwork-intumescent-coating-market-235529408.html

The global cellulosic fire protection intumescent coatings market size is projected to grow from USD 494 million in 2020 to USD 584 million by 2025, at a CAGR of 3.4% during the forecast year. The growth of this market is attributed to growing residential and non-residential building constructions in the country is projected to drive the market.

The global cellulosic fire protection intumescent coatings market is dominated by large players, such as AkzoNobel (Netherlands), The Sherwin-Williams Company (US), PPG Industries (US), Jotun (Norway), and Hempel (Denmark). These players have adopted various growth strategies, such as expansions, new product developments, and acquisitions, to enhance their market footprint and improve their product portfolios.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=235529408

To mitigate the impact of the COVID-19 pandemic, AkzoNobel has started aggressive marketing and sales of its products across globe. Also, the company is developing new products to comply with the changing regulations and standards in the buildings & construction industry. For the intumescent coatings market, the company has a strong foothold in North America and Europe, whereas the company is incessantly focusing on the expansion of its product portfolio. In March 2019, it launched a new fire protection system for the wood building facades in the Europe market to target the residential segment.

The Sherwin-Williams has a strong foothold, and sales activities in North America and Europe markets help to gain a competitive edge over other key players involved in the market. For the past 2-3 years, the company has emphasized strengthening the supply chain and reducing the lead time to customers. Opening new retail stores, online platforms for sale, and strengthening of the distribution channels are few strategies implemented by the company for the same. For instance, the company got a contract for the application of intumescent coatings on the steelwork of a new stadium, having 62,000 seating capacity, at Tottenham, UK, in July 2019. However, due to the COVID-19 pandemic, there has been a significant decline in construction activities across globe, which, in turn, is expected to impact the product demand.

Browse Adjacent Markets @ Chemicals Market Research Reports & Consulting

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/cellulosic-fire-protection-european-building-construction-steelwork-intumescent-coating-market.asp

Tags: Cellulosic Fire Protection in European Building Construction Steelwork Intumescent Coating Market, Cellulosic Fire Protection coating market, Cellulosic Fire Protection coating market type, Cellulosic Fire Protection coating market size, Cellulosic Fire Protection coating market share, Cellulosic Fire Protection coating market applixation See Campaign: http://www.marketsandmarkets.com/Market-Reports/cellulosic-fire-protection-european-building-constru
Contact Information:
Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email: newsletter@marketsandmarkets.com Research Insights: https://www.marketsandmarkets.com/ResearchInsight/cellulosic-fire-protection-european-building-construction-steelwork-intumescent-coating-market.asp

Tags:
, PR-Wirein, Reportedtimes, Extended Distribution, Wire, Research Newswire, English

YOU MAY ALSO LIKE

Liquid Coffee Creamer Market to Witness Stunning…

According to the new market research report “Cellulosic Fire Protection Intumescent Coatings Market by Type (Solvent-borne, Water-borne), End-Use (Residential, Commercial), and Region (North America, Europe, APAC, South…

read more

IP Surveillance Cameras Market is Going To…

According to the new market research report “Cellulosic Fire Protection Intumescent Coatings Market by Type (Solvent-borne, Water-borne), End-Use (Residential, Commercial), and Region (North America, Europe, APAC, South…

read more

Charity Software Market Seeking Excellent Growth |…

According to the new market research report “Cellulosic Fire Protection Intumescent Coatings Market by Type (Solvent-borne, Water-borne), End-Use (Residential, Commercial), and Region (North America, Europe, APAC, South…

read more