The Intumescent Coatings For Fireproofing and Spray-Applied Fire-Resistive Materials Market report contains a variety of inhibitors as well as driving forces of the market which are analysed in both qualitative and quantitative approach so that readers and users get precise information and insights about Intumescent Coatings For Fireproofing and Spray-Applied Fire-Resistive Materials Market industry. In this report, market overview is given in terms of drivers, restraints, opportunities and challenges where each of this parameter is studied scrupulously. Intumescent Coatings For Fireproofing and Spray-Applied Fire-Resistive Materials Market research report is generated with the best and advanced tools of collecting, recording, estimating and analysing market data. Being a wide-ranging market research report, it is sure to help grow your business in several ways.
Data Bridge Market Research analyses that the market is growing with a CAGR of 5.1% in the forecast period of 2021 to 2028 and is expected to reach USD 2,524,336.06 thousand by 2028.
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Market Overview:
Intumescent coatings for fireproofing and spray-applied fire-resistive materials are polymeric partial fire protection systems that are used to preserve the structural integrity of substrates in the incident of a fire. Such intumescent coatings for fireproofing and spray-applied fire-resistive materials could react to heat and form chars that could control the spread of fire for a short time verifying between 15-120 minutes so that people could be brought to safety by fire and safety officials in the incident of a fire.
Intumescent coatings for fireproofing and spray-applied fire-resistive materials are mainly made from chemical systems such as epoxies, polyurethane, alkyd, among others, and are capable of generally forming both thin as well as thick coatings. These materials are generally able to protect substrates such as steel, wood, composite materials, among others. They are generally used in building and construction, industries, aerospace, among others where the risk of fire is significantly higher.
The major players covered in the report are Jotun (a subsidiary of Orkla), PPG Industries, Inc., Akzo Nobel N.V., The Sherwin-Williams Company, Hempel A/S, 3M, GCP Applied Technologies Inc., MBCC Group, No-Burn, Inc., Contego International Inc., Teknos Group, Carboline (a subsidiary of RPM International Inc.), Arabian vermiculite industries, Sika AG, Etex Group, Albi Protective Coatings, Flame Control, CPG EUROPE, Rudolf Hensel GmbH, Isolatek International among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Intumescent Coatings For Fireproofing And Spray-Applied Fire-Resistive Materials Market Scope And Market Size
The Global intumescent coatings for fireproofing and spray-applied fire-resistive materials market is segmented into seven notable segments, which are based on the product type, type, resin, substrate, technology, application, and end-user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the intumescent coatings for fireproofing and spray-applied fire-resistive materials market is segmented into intumescent coatings for fireproofing and spray-applied fire-resistive materials. In 2021, the intumescent coatings for fireproofing segment is dominating the market because of the huge adoption of intumescent coatings for fireproofing in new construction projects. Further, it is also used for the maintenance of old projects such as residential as well as commercial buildings
- On the basis of type, the intumescent coatings for fireproofing and spray-applied fire-resistive materials market is segmented into thick-film and thin-film. In 2021, the thick-film segment is dominating the market because such type of fireproofing coating is usually epoxy-based which has higher dry film thickness compared to the thin film, thus further boosting the demand for thick-film in the forecast year.
- On the basis of resins, the intumescent coatings for fireproofing and spray-applied fire-resistive materials market is segmented into epoxy, acrylic, alkyd, polyurethane, and others. In 2021, the epoxy segment is dominating the market because the epoxy-based resin has high corrosion resistance. As a result, it is not affected by water as well as heat as compared to other resins, which helps to boost its demand in the forecast year.
- On the basis of substrate, the intumescent coatings for fireproofing and spray-applied fire-resistive materials market is segmented into structural steel cast iron, wood, composite elements, and others. In 2021, the structural steel cast iron segment is dominating the market because structural steel cast iron offer excellent mechanical properties due to their rigidity and excellent load-bearing capabilities. This also helps to boost the demand for intumescent coatings for applications on structural steel cast iron substrates in the forecast year.
- On the basis of technology, the intumescent coatings for fireproofing and spray-applied fire-resistive materials market is segmented into epoxy-based, water-based, solvent-based, and powder-based. In 2021, the epoxy-based segment is dominating the market because epoxy-based coatings provide excellent hydrocarbon fire protection due to which can be used in the harshest environment, thereby further boosting its demand in the forecast year.
- On the basis of application, the intumescent coatings for fireproofing and spray-applied fire-resistive materials market is segmented into hydrocarbons and cellulosic. In 2021, the hydrocarbons segment is dominating the market because coatings that offer protection against hydrocarbon fires are effective as well as efficient passive fire protection of steel structures also in high-risk environments such as offshore platforms and petrochemical plants. This helps to boost its demand in the forecast year.
- On the basis of end-user, the intumescent coatings for fireproofing and spray-applied fire-resistive materials market is segmented into building and construction, oil and gas, industrial, automotive, aerospace, and others. In 2021, the building construction segment is dominating the market because the fireproofing coating is commonly used in the construction of residential as well as commercial buildings in order to restrict fire. This helps to boost its demand in the forecast year.
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Table of Content:
Chapter 1: Market overview
Chapter 2: Intumescent Coatings For Fireproofing and Spray-Applied Fire-Resistive Materials Market
Chapter 3: Regional analysis of the Intumescent Coatings For Fireproofing and Spray-Applied Fire-Resistive Materials Market industry
Chapter 4: Intumescent Coatings For Fireproofing and Spray-Applied Fire-Resistive Materials Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
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