Report Id: SNS/C&M/2184 | July 2022 | Region: Global | 125 Pages
Cellulosic Fire Protection Intumescent Coatings Market Size was valued at USD 1.02 billion in 2022, and expected to reach USD 1.34 billion by 2030, and grow at a CAGR of 3.5% over the forecast period 2023-2030.
The intumescent coatings market has a wide range of products that are used for things like passive fire protection and in end-use industries like building and construction, industrial, and aerospace, among others. Intumescent coatings are known to protect substrates from fire and give rescue workers and evacuees more time to get out of the building if there is a fire. Most of the recognition is happening in the forecast period that is still going on and will end in 2028.
There are new rules for green and smart buildings, and getting a green certification is becoming more important.
Slowing economy and the effect of COVID-19 on the building industry
Renovation projects have a growing need for fire-resistant coatings.
Concerns about how to apply the coating and how long it will last
Impact of Covid-19:
The EU-5, the US, Russia, Poland, the BENELUX, and the Nordic countries have all been hit hard by the COVID-19 pandemic. As a precaution, building projects and industrial work have been stopped. Several building projects in Europe and North America have been put on hold, which has caused demand for cellulosic fire protection intumescent coatings to go down. Because of the COVID-19 pandemic, the supply chain has been messed up. This has had a big effect on the paints and coatings industry and caused raw materials and other products to cost more.
The IMF says that the COVID-19 pandemic has had a big effect on the growth of the US economy, which will slow by 3.5% in 2020. So, the slowdown in the economy of the area will have a big effect on the market.
Jotun, AkzoNobel, Hempel, The Sherwin-Williams Company, PPG Industries, The Sherwin-Williams Company, and other players.
By End use
By Material Type
By Substrate Type
Structural Steel & Cast Iron
In the Asian Pacific region, the value of the intumescent coatings market is likely to be the highest in the world. Intumescent coatings are likely to be in high demand in the region because of the growth of the construction industry in countries like China, India, and Indonesia, as well as the opening of new factories in the area. Also, there has been a lot of use of low-cost alternatives in developing economies. This is something that needs to be worked on for the global market for intumescent coatings to grow. The intumescent coatings market will have more chances to grow as more people move to cities and more building and construction work gets done.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 1.02 Billion|
|Market Size by 2030||US$ 1.34 Billion|
|CAGR||CAGR of 3.5% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Type (Solvent-borne, Water-borne)
• By End use (Residential, Commercial)
• By Material Type (Acrylic, Epoxy, Alkyd, VAE, Other)
• By Substrate Type (Structural Steel & Cast Iron, Wood, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Jotun, AkzoNobel, Hempel, The Sherwin-Williams Company, PPG Industries, The Sherwin-Williams Company, and other players.|
|DRIVERS||• There are new rules for green and smart buildings, and getting a green certification is becoming more important.|
|Restraints||• Slowing economy and the effect of COVID-19 on the building industry|
Frequently Asked Questions (FAQ) :
Table of Content
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
22.214.171.124 United Kingdom
126.96.36.199 South Korea
188.8.131.52 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Cellulosic Fire Protection Intumescent Coatings Market Segment, By Type
9.Cellulosic Fire Protection Intumescent Coatings Market Segment, By End use
10.Cellulosic Fire Protection Intumescent Coatings Market Segment, By Material Type
11.Cellulosic Fire Protection Intumescent Coatings Market Segment, By Substrate Type
11.1 Structural Steel & Cast Iron
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company Profile
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.4 The Sherwin-Williams Company
13.5 PPG Industries
13.6 The Sherwin-Williams Company
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
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