Intumescent Coatings Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: RPM International Inc. (NYSE :RPM), The Sherwin-Williams Company (NYSE SHW)

Acknowledging the kind of traction gained by this market, recently published a study report asserts The global intumescent coating market size was valued at USD 1.03 billion in 2021, registering a phenomenal CAGR of 4.6% during the review period (2022 to 2027).

Intumescent Coatings Market Overview

Intumescent coatings are the materials applied on sensitive surfaces to protect them from heat due to fuel fires by swelling and forming a thick insulating layer. According to the publisher, the global Intumescent Coatings market is expected to witness a moderate growth rate during the forecast period. The market for intumescent coatings is being driven by the ongoing urbanization and growth in the construction industry, as well as increasing shale operations across the globe. However, rising raw material costs and emerging counterfeit products, especially in the Asia-Pacific region, are expected to hinder the growth of the market.

The intumescent coating layer expands and produces a ‘char’, which insulates the material inside from flames by cutting off the oxygen necessary for combustion. Due to these properties, intumescent is used as a coating material to protect substances from heat and fire damage. The intumescent coatings market is segmented by application, end-user industry, and geography. The report also covers the market size and forecast for the intumescent coatings market in 16 countries across major regions. For each segment, the market sizing and forecast have been done based on revenue (USD million).

Recent Development

Sherwin-Williams Completes Acquisition of European Industrial Coatings Business of Sika

"This business brings us unique technology and additional manufacturing and services capabilities in line with our strategy of acquiring complementary, high-quality, differentiated businesses that support our growth and profitability targets," said Sherwin-Williams Chairman and Chief Executive Officer, John G. Morikis. "The combination of customer focus, talented employees and similar cultures creates exciting prospects for continued growth and success throughout Europe and other regions across the world."

Sika's European industrial coating business manufactures and sells corrosion protection coating systems for high value interior and exterior steel infrastructure, bridges, airport and rail, wind and energy, chemicals, power transmission, interior linings for oil and gas tanks, vessels, and pipework, and water and wastewater applications, along with fire protection coating systems to protect and preserve steel, wood and concrete building components. Sika's industrial coatings business is based in Germany with additional sales and technical support in Poland, Austria and Switzerland. Sales of the business were CHF 75 million (approximately $82 million) for the year ended December 31, 2020.

What are the major Applications, Types, and Regions of Intumescent Coatings Market?

By Type, it is segmented into

• Cellulose


• Hydrocarbon


• Others

By Applications, it is segmented into

• Construction


• Oil & Gas


• Others

Intumescent Coatings Market Regional Analysis

All these factors greatly affect the Intumescent Coatings market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

Asia Pacific intumescent coatings market is anticipated to cross USD 590 million by 2028. Increasing growth in construction of commercial and residential structures in India, China, Japan, and Korea during the projected timeframe should drive the regional demand for fire proofing and other safety services.

Additionally, stringent government regulations implemented across the China, India, and other countries have made adoption of intumescent coating compulsory to reduce the burden of fire mortality will favor business growth. Expansion of oil & gas exploration activities in India and China along with emphasis on fire safety measures has increased demand for intumescent coating which will fuel product demand. Also, high demand for electric vehicles in China will further stimulate the regional market forecasts.

What is our Intumescent Coatings Market report scope?

Scope of the Report covers Intumescent Coatings Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Intumescent Coatings Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.

Key Takeaways from this Intumescent Coatings Report

• Evaluate Intumescent Coatings market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Intumescent Coatings market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.

Frequently Asked Questions

What is the study period of this market?

The Intumescent Coatings Market is studied from 2017 - 2027.

Who are the key players in Intumescent Coatings Market?

AkzoNobel, RPM International Inc. (NYSE :RPM), Albi-StanChem, The Sherwin-Williams Company (NYSE SHW), JOTUN, Flame Control, PPG, 3M, SKK, Demilec, Isolatek, Wacker, ACS, OMNOVA, R. Brothers, Yung Chi, INCA, Beijing Jinyu, Sichuan Tianfu, Shandong Singal, Jiangsu Lanling, Kunshan Ninghua, Henan Zhoangao and others.

What are the significant types of Intumescent Coatings Market?

Cellulose, Hydrocarbon, Others.

What are the major end-use applications of Intumescent Coatings Market?

Construction, Oil & Gas, Others.

What segments are covered in the Intumescent Coatings Market report?

The Global Intumescent Coatings Market is segmented on the basis of Product, Application, and Geography.

How can I get a sample report/company profile for the Intumescent Coatings Market?

The sample report for the Intumescent Coatings Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.