Market Size –
The cellulosic fire protection intumescent coating market size has grown strongly in recent years. It will grow from $0.58 billion in 2023 to $0.61 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to building safety regulations, construction industry growth, increased fire incidents, urbanization and high-rise buildings, and infrastructure development.
The cellulosic fire protection intumescent coating market size is expected to see strong growth in the next few years. It will grow to $0.77 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to energy efficiency, infrastructure resilience, growing smart buildings, evolving construction materials, and increasing industrial applications. Major trends in the forecast period include advancements in coating technology, technological advancements, advanced intumescent technologies, smart fire safety systems, and the integration of fire-resistant materials in building designs.
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Scope Of Cellulosic Fire Protection Intumescent Coating Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Cellulosic Fire Protection Intumescent Coating Market Overview
Market Drivers –
The growing building & construction industry supported by increasing urbanization is expected to propel the growth of the cellulosic fire protection intumescent coatings market. These coatings provide fire safety, temperature, and corrosion resistance in both residential and commercial structures. For instance, the residential building construction market is expected to increase from $3489.4 billion in 2020 to $5193.7 billion by 2025. The growing residential and non-residential building constructions across the globe are anticipated to increase the demand for cellulosic fire protection intumescent coatings in the near future.
The cellulosic fire protection intumescent coating market covered in this report is segmented –
1) By Type: Solvent-borne, Water-borne
2) By Application: Residential, Commercial
3) By End Use Industry: Construction, Automotive, Oil and Gas, Other End Use Industries
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Regional Insights –
North America was the largest region in the cellulosic fire protection intumescent coating market in 2023. The Asia-Pacific is expected to record the fastest growth over the forecast period. The regions covered in the cellulosic fire protection intumescent coating market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the cellulosic fire protection intumescent coating market include AkzoNobel N.V, The Sherwin-Williams Company, PPG Industries Inc., Jotun AS, Hempel A/S, Contego International Inc., No-Burn Inc., Nullifire Ltd., Carboline Company, Albi Protective Coatings, Isolatek International Ltd., Rudolf Hensel GmbH, 3M Company, Sika AG, Tor Coatings Ltd., Kansai Paints Co. Ltd., ETEX Group Ltd., RPM International Inc., Teknos Group And Paints Private Limited, Leighs Paints Ltd., Sherwin-Williams Protective & Marine Coatings, Firetherm Intumescent & Insulation Supplies Ltd., Albi Manufacturing Ltd., Demilec Inc., GCP Applied Technologies Inc., Firefree Coatings Inc., International Paint Ltd., Contego International Inc., A/D Fire Protection Systems Inc., Crown Paints Ltd.
Table of Contents
1. Executive Summary
2. Cellulosic Fire Protection Intumescent Coating Market Report Structure
3. Cellulosic Fire Protection Intumescent Coating Market Trends And Strategies
4. Cellulosic Fire Protection Intumescent Coating Market – Macro Economic Scenario
5. Cellulosic Fire Protection Intumescent Coating Market Size And Growth
…..
27. Cellulosic Fire Protection Intumescent Coating Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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