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Cellulosic Fire Protection Intumescent Coatings Market Report Scope & Overview:

The 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 2030.

Cellulosic Fire Protection Intumescent Coatings Market Revenue Analysis

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Market Dynamics:

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

Opportunity:

Challenge:

  • 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.

Market Segment:

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

Cellulosic Fire Protection Intumescent Coatings Market Segmentation Analysis

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Regional Analysis:

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.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The 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

Key Players:

Jotun, AkzoNobel, Hempel, The Sherwin-Williams Company, PPG Industries, The Sherwin-Williams Company, and other players.

Jotun-Company Financial Analysis

Cellulosic Fire Protection Intumescent Coatings Market Report Scope:
Report Attributes Details
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
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
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

The market size for the Cellulosic Fire Protection Intumescent Coatings Market was valued at USD 1.02 billion in 2022.

The growth rate of the Cellulosic Fire Protection Intumescent Coatings Market is 3.5% over the forecast period 2023-2030.

The key players of the Cellulosic Fire Protection Intumescent Coatings Market are Jotun, AkzoNobel, Hempel, The Sherwin-Williams Company, PPG Industries, and The Sherwin-Williams Company.

The Covid-19 pandemic impacted the Cellulosic Fire Protection Intumescent Coatings Market significantly. The detailed analysis is included in the final report.

Asia-pacific region dominated the Cellulosic Fire Protection Intumescent Coatings Market.

Table of Content

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 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

8.1 Solvent-borne

8.2 Water-borne

9.Cellulosic Fire Protection Intumescent Coatings Market Segment, By End use

9.1 Residential

9.2 Commercial

10.Cellulosic Fire Protection Intumescent Coatings Market Segment, By Material Type

12.1 Acrylic

12.2 Epoxy

12.3 Alkyd

12.4 VAE

12.5 Other

11.Cellulosic Fire Protection Intumescent Coatings Market Segment, By Substrate Type

11.1 Structural Steel & Cast Iron

11.2 Wood

11.3 Others

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

13. Company Profile

13.1 Jotun

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 AkzoNobel

13.3 Hempel

13.4 The Sherwin-Williams Company

13.5 PPG Industries

13.6 The Sherwin-Williams Company

14.Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

15. Conclusion

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Step 1: Secondary Research:

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Secondary Research

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Primary Research

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Data Bank Validation

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