Intumescent Coatings Market, Key Players, Consumption Status, Industry Analysis and Opportunity Assessment 2030
Research Reports
Mar 28, 2022
Intumescent Coatings Market Overview
The intumescent coatings market value was estimated at USD 900.1 Million during the historic forecast period. The market is expected to reach a market value of USD 1,110 Million during the forecast period at a growth rate that is CAGR for 4.3%. Intumescent coatings are utilized for procedures such as passive fire prevention and in end-use industry categories such as building & construction, industrial, and aerospace, among others. Intumescent coatings are known to operate as a fire-resistant barrier for substrates, as well as providing time for rescue and evacuation in the event of a fire. In the current projection era, the recognition is largely recognized.
The emergence of coronavirus disease has had a negative influence on the intumescent coatings industry, and as a result, losses and unavailability of resources and skilled labor are deteriorating the market’s situation over the projection period. Global governments have struggled to find a dependable means to deal with the outbreak, but mounting instances and a lack of awareness about the disease and preventative measures will assist the market find a better place in the global market. The epidemic has been a serious source of concern, necessitating the imposition of lockdown and functional limits, which have only contributed to the anguish. Due to the lockout, there was a scarcity of resources, raw materials, and skilled workers, which might stifle the market’s ability to grow.
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Key Players
The major market players in the market are
- Hempel
- Kansai Paint
- Promat Internationa
- Teknos Group
- 3M
- Carboline
- Nullifire
- Sika AG
Intumescent Coatings Market Segmentation
Based on the type, the global Intumescent Coatings market is segmented into thick film and thin film intumescent coatings.
Based on the substrate, the global Intumescent Coatings market is segmented into structural steel, cast iron, wood, and others like fiberglass, concrete, and plasterboards.
Based on the application technique, the global market is segmented into sprays, brushes, and rollers.
Based on the end-use industries, the global market is segmented into building and construction, industrial, and others like electrical, electronics, mining, and automotive.
Based on the region, the global market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
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Regional Classification
In the global market, the value of intumescent coatings is projected to be highest in the Asian Pacific region. The installation of manufacturing facilities in the region, as well as the growth of the construction industry in countries like China, India, and Indonesia, is likely to fuel a significant demand for intumescent coatings. In addition, developing economies have made extensive use of low-cost alternatives, which must be addressed for the worldwide intumescent coating market to grow. The intumescent coatings market will benefit from expanding urbanization and increased building and construction activity.
Recent Development
September 2021 — a worldwide leading player in sustainable, high-performance building envelope solutions, Huntsman Building Solutions, announced a collaboration with the proven and trusted fire protective coatings company, No-Burn, Incorporated. As per the partnership agreement Huntsman Building Solutions is allowed to sell No-Burn’s intumescent coatings with the help of contractor customers across the United States. The coatings, No-Burn Plus ThB and No-Burn Plus XD are the right choice to be used with spray polyurethane foam insulation and, effective instantly, is now available for sale via Huntsman Building Solutions.
No-Burn Plus XD is a type of intumescent coating that is used as a constituent in an alternate ignition barrier assembly. The fire protective coating is particularly engineered to be used with spray polyurethane foam insulation to protect spray foam insulation in crawl spaces and attics. After exposure to flame and heat, No-Burn Plus XD expands, making a char-barrier, which protects preserved substrates from fire. The coating is the right choice for both closed-cell and open-cell spray foam insulation and is available in Gray.
July 2021-Hempel, a worldwide leader in coatings and services in the protective, marine, decorative, container and yacht industries, announced the launch of its Hempafire Pro range of passive fire protection coatings in regions including Caribbean Central America, and Mexico. The products preserve the stability of steel structures in the event of a fire for over 120 minutes to improve building safety.
Passive fire protection (PFP) coatings is used to insulate steel at the time of fire, expanding its load-bearing capacity and offer valued extra time for emergency response and evacuation purposes. Hempel’s Hempafire Pro PFP range comprises two intumescent coatings. Hempafire Pro 315 offers over 90 minutes of cellulosic fire protection and is augmented for 60 minutes. Hempafire Pro 400 offers over 120 minutes of cellulosic fire protection and is optimized for 90 minutes. Both of them offer very low loadings that can enhance project efficiency.
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Table of Content
1. EXECUTIVE SUMMARY
1.1. Market Attractiveness Analysis
1.1.1. Global Intumescent Coatings Market, By Technology
1.1.2. Global Intumescent Coatings Market, By Application
1.1.3. Global Intumescent Coatings Market, By End Use
1.1.4. Global Intumescent Coatings Market, By Region
2. MARKET INTRODUCTION
2.1. Definition
2.2. Scope Of The Study
2.3. Market Structure
3. RESEARCH METHODOLOGY
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List Of Assumptions
4. MARKET DYNAMICS
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
4.6. Trends
5. MARKET FACTOR ANALYSIS
5.1. Supply Chain Analysis
5.1.1. Raw Material Suppliers
5.1.2. Intumescent CoatingsManufacturers
5.1.3. Distribution & Sales Channel
5.1.4. End-Users
5.2. Porter’s Five Forces Model
5.2.1. Bargaining Power Of Suppliers
5.2.2. Bargaining Power Of Buyers
5.2.3. Threat Of New Entrants
5.2.4. Threat Of Substitutes
5.2.5. Intensity Of Rivalry
5.3. Pricing Analysis(USD/Tons), By Region
6. GLOBAL INTUMESCENT COATINGS MARKET, BYTECHNOLOGY (KILO TONS) (USD MILLION)
6.1. Introduction
6.2. Water Based
6.2.1. Market Estimates & Forecast,By Region/Country, 2018–2027
6.3. Solvent Based
6.3.1. Market Estimates & Forecast, By Region/Country, 2018–2027
6.4. Epoxy Based
6.4.1. Market Estimates & Forecast, By Region/Country, 2018–2027
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