Intumescent Coatings Market
Intumescent Coatings Market Analysis by Resin Type (Epoxy Intumescent Coatings, Acrylic Intumescent Coatings, Polyurethane Intumescent Coatings, Alkyd Intumescent Coatings), by End-Use (Automotive, Oil & Gas, Building & Construction), by Region - Global Insights till 2031
Analysis of Intumescent Coatings market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Intumescent Coatings Market Outlook
Demand for epoxy-based intumescent coatings to surge at a CAGR of 4% and reach a valuation of over US$ 175 million by 2031.
According to Fact.MR, global intumescent coating sales are anticipated to increase at approximately 3% CAGR to reach over US$ 1 billion by 2031, with extensive application for passive fire protection acquiring center stage. The oil & gas industry is expected to contribute over 40% of global intumescent coating demand, fueled by extensive exploration and extraction projects being carried out across prominent geographies.
End-use industry segments such as building & construction, industrial, and aerospace use intumescent coatings for passive fire protection. In the case of a fire, intumescent coatings operate as a fire-resistant barrier for substrates, allowing for faster rescue and evacuation.
| Report Attributes | Details |
|---|---|
| Intumescent Coatings Market (2031) | US$ 175 million |
| Global Market Growth Rate - 2031 | 4% CAGR |
| U.S Intumescent Coatings Market 2020 | US$ 240 million |
| Global Market Growth Rate - 2020 | 5% CAGR |
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Report Also Addresses:
- Market Estimates and Forecasts (2016 to 2031)
- Key Drivers and Restraints Shaping Market Growth
- Segment-wise, Country-wise, and Region-wise Analysis
- Competition Mapping and Benchmarking
- Brand Share and Market Share Analysis
- Key Product Innovations and Regulatory Climate
- COVID-19 Impact on Intumescent Coatings and How to Navigate
- Recommendation on Key Winning Strategies
Intumescent Coating Demand from 2016 to 2020 Vs Future Projections for 2021 to 2031
From 2016 to 2020, intumescent coatings sales increased gradually to be valued at around US$ 900 million in 2020. Demand was predominantly influenced by extensive uptake to offer passive fire protection across key end-use industries, ranging from building & construction to oil & gas exploration.
Growth prospects were revised to accommodate shortfalls associated with the COVID-19 pandemic. Stalling industrial production led to this shortfall. In the long-run, the market is projected to expand at nearly 3% CAGR through 2031.
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How are Rising Energy Requirements Accelerating Uptake of Intumescent Coatings?
As the global population expands, fast-paced urbanization and infrastructure development has necessitated increased energy consumption, thereby generating high demand for conventional sources such as oil, gas and shale across several regions.
As per the International Energy Agency (IEA), over 35% of total energy supply comprised of oil as of 2019, mostly from OECD countries, while natural gas comprised nearly 30%. Hence, exploration activities are surging manifold, ascending demand for intumescent coatings to ensure operational safety.
Increasing Incidence of Fire Hazards to Stimulate Intumescent Coatings Demand?
According to the World Health Organization (W.H.O), an estimated 180,000 deaths occur each year from fires alone, with more deaths from scalds, electrical burns and other forms of burns. Over 90% of these deaths occur across low and middle income countries.
While a major chunk of these burns are a result of accidents across residential settings, fire hazards across industrial settings rampant, comprising most of all burn injuries and accidents. Hence, key end users are increasing uptake of intumescent coatings to mitigate these tragedies.
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Intumescent Coatings Market - Country-wise Analysis
How Lucrative are Prospects for Intumescent Coating Manufacturers across the U.S.?
The intumescent coatings market in the U.S. was valued at over US$ 240 million as of 2020. This heightened demand is largely a result of an uptick in domestic construction and oil & gas exploration activities in recent years.
Also, as per the U.S Fire Association, annual losses arising out of fire hazards amounted to nearly US$ 15 billion in 2019, representing an increase of nearly three-fourths since 2010. Hence, key industries have been leveraging high-grade intumescent coatings to reduce this burden.
Why are Manufacturers of Intumescent Coatings Flourishing in China?
Intumescent coatings sales in China are likely to reach more than US$ 220 million, increasing at over 5% CAGR through 2031. Extensive application across the oil & gas industry is majorly pivoting demand.
Recently, in 2020, the Ministry of Natural Resources stated that foreign firms registered in China with net assets no less than US$ 43 million would be permitted to secure mining rights for oil and gas exploration and production, thus providing significant impetus to the industry and eventually increased demand for intumescent coatings.
Intumescent Coatings Market - Category-wise Insights
Why is the Oil & Gas Industry a Prominent End User of Intumescent Coatings?
By end-use industry, the oil & gas industry is expected to generate over 2/5 of the global revenue share by 2031. Increasing investments in exploration activities, deep-water projects, and refining capacity are pivoting demand.
Demand is especially high as episodes of on-site fire hazards are quite frequent. Intumescent coatings significantly help by offering passive protection to steel structures such as oil rigs and drilling machines, swelling as heat increases.
Will Epoxy-based Intumescent Coatings Pivot Future Growth Prospects?
By resin, sales of epoxy-based intumescent coatings are expected to progress at over 4% CAGR to surpass US$ 175 million by 2031. Epoxy resins intumescent systems are two components applied by spraying, using special equipment for heating and mixing of the components.
For higher thicknesses or for jetfire, it is required as a mesh of reinforcing carbon fibers or other materials generally put in the middle of the thickness. Also, epoxy based intumescent coatings are suitable for harsher environments.
Intumescent Coatings Market - Competitive Landscape
Prominent manufacturers are leveraging such strategic initiatives as geographical expansion, partnerships, mergers & acquisitions, and new product launches to cement their market presence. Some notable developments are as follows:
- In March 2021, Akzo Nobel collaborated with QLayers to acquire a stake in the company’s industrial coatings portfolio, part of the former’s Paint the Future collaborative innovation ecosystem.
- Also, that same month, Hempel A/S inaugurated its new campus in Copenhagen, Denmark, which is an R&D facility expected to provide a hub for international scientists and contribute to accelerating and strengthening development of innovative solutions.
- In January 2021, Albi Protective Coatings obtained the GREENGUARD Gold Certification for four of its products: Albi Clad TF+, Albi Clad TF, Albi Clad FP and Albi Cote FRL-X.
Intumescent Coatings Market Report Scope
| Attribute | Details |
|---|---|
| Forecast Period | 2021 to 2031 |
| Historical Data Available for | 2016 to 2020 |
| Market Analysis | US$ Mn for Value & ‘000 Units for Volume |
| Key Regions Covered | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
| Key Countries Covered | U.S., Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, GCC, South Africa, Brazil, Mexico, Argentina |
| Key Segments Covered | Resin, End-use Industry, Region |
| Key Companies Profiled | Akzo Nobel; Jotun; Contego International Inc.; Hempel A/S; Albi Protective Coatings; BASF SE; Rudolf Hensel GmbH; The Sherwin Williams Company; No Burn Inc.; Demilec Inc.; Sika AG; Teknos Group Oy; Nullifire Ltd.; PPG Industries Inc.; 3M Company; Gangotri Hi-Tec Coatings; Carboline Company |
| Pricing | Available upon Request |
Key Market Segments Covered
-
Resin Type :
- Epoxy Intumescent Coatings
- Acrylic Intumescent Coatings
- Polyurethane Intumescent Coatings
- Alkyd Intumescent Coatings
- Other Resin Types Intumescent Coatings
-
End-Use Industry :
- Intumescent Coatings for Building & Construction
- Intumescent Coatings for Automotive
- Intumescent Coatings for Oil & Gas
- Intumescent Coatings for Other End-Use Industries
-
Region :
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of MEA
- North America
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2016 to 2020 and Forecast, 2021 to 2031
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2016 to 2020 and Forecast, 2021 to 2031
- 9. Global Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by Resin
- 9.1. Epoxy
- 9.2. Acrylic
- 9.3. Polyurethane
- 9.4. Alkyd
- 9.5. Other Resin Types
- 10. Global Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by End-use Industry
- 10.1. Building & Construction
- 10.2. Automotive
- 10.3. Oil & Gas
- 10.4. Other End-use Industries
- 11. Global Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 13. Latin America Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 14. Europe Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 15. South Asia Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 16. East Asia Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 17. Oceania Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 18. Middle East and Africa Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 19. Key and Emerging Countries Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. Akzo Nobel
- 21.2. Jotun
- 21.3. Contego International Inc.
- 21.4. Hempel A/S
- 21.5. Albi Protective Coatings
- 21.6. BASF SE
- 21.7. Rudolf Hensel GmbH
- 21.8. The Sherwin Williams Company
- 21.9. No Burn Inc.
- 21.10. Demilec Inc.
- 21.11. Sika AG
- 21.12. Teknos Group Oy
- 21.13. Nullifire Ltd.
- 21.14. PPG Industries Inc.
- 21.15. 3M Company
- 21.16. Gangotri Hi-Tec Coatings
- 21.17. Carboline Company
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2016 to 2031, By Resin
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2016 to 2031, By Resin
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2016 to 2031, By End-use Industry
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2016 to 2031, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2016 to 2020 and Forecast 2021 to 2031, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment2016 to 2031, By Resin
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2016 to 2031, By End-use Industry
Table 08: Latin America Market Value (US$ Mn) Analysis 2016 to 2020 and Forecast 2021 to 2031, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment2016 to 2031, By Resin
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2016 to 2031, By End-use Industry
Table 11: Europe Market Value (US$ Mn) Analysis 2016 to 2020 and Forecast 2021 to 2031, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2016 to 2031,By Resin
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2016 to 2031, By End-use Industry
Table 14: South Asia Market Value (US$ Mn) Analysis 2016 to 2020 and Forecast 2021 to 2031, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2016 to 2031, By Resin
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2016 to 2031, By End-use Industry
Table 17: East Asia Market Value (US$ Mn) Analysis 2016 to 2020 and Forecast 2021 to 2031, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2016 to 2031, By Resin
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2016 to 2031, By End-use Industry
Table 20: Oceania Market Value (US$ Mn) Analysis 2016 to 2020 and Forecast 2021 to 2031, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment2016 to 2031, By Resin
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2016 to 2031, By End-use Industry
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2016 to 2020 and Forecast2021 to 2031, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2016 to 2031, By Resin
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2016 to 2031, By End-use Industry
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2016 to 2020
Figure 02: Global Market Volume Forecast (in 000' Units), 2021 to 2031
Figure 03: Intumescent CoatingsPricing Analysis (US$) Per Product, By Region, 2020
Figure 04: Intumescent CoatingsPricing Analysis (US$) Per Product, By Region, 2020
Figure 05: Global Market Value Analysis (US$ Mn), 2016 to 2020
Figure 06: Global Market Value Forecast (US$ Mn), 2021 to 2031
Figure 07: Global Market Absolute $ Opportunity, 2021 to 2031
Figure 08: Global Market Share Analysis (%),By Resin, 2021 to 2031
Figure 09: Global Market Y-o-Y Analysis (%), By Resin, 2021 to 2031
Figure 10: Global Market Attractiveness Analysis by Resin, 2021 to 2031
Figure 11: Global Market Share Analysis (%), By End-use Industry, 2021 to 2031
Figure 12: Global Market Y-o-Y Analysis (%), ByEnd-use Industry, 2021 to 2031
Figure 13: Global Market Attractiveness Analysis byEnd-use Industry, 2021 to 2031
Figure 14: Global Market Share Analysis (%), By Region, 2021 to 2031
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2021 to 2031
Figure 16: Global Market Attractiveness Analysis by Region, 2021 to 2031
Figure 17: North America Market Value Share, By Resin, 2021 (E)
Figure 18: North America Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 19: North America Market Value Share, By Country, 2021 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2016 to 2020
Figure 21: North America Market Value Forecast (US$ Mn), 2021 to 2031
Figure 22: North America Market Attractiveness Analysis by Resin, 2021 to 2031
Figure 23: North America Market Attractiveness Analysis byEnd-use Industry, 2021 to 2031
Figure 24: North America Market Attractiveness Analysis by Country, 2021 to 2031
Figure 25: Latin America Market Value Share, By Resin, 2021 (E)
Figure 26: Latin America Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 27: Latin America Market Value Share, By Country, 2021 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2016 to 2020
Figure 29: Latin America Market Value Forecast (US$ Mn), 2021 to 2031
Figure 30: Latin America Market Attractiveness Analysis by Resin, 2021 to 2031
Figure 31: Latin America Market Attractiveness Analysis byEnd-use Industry, 2021 to 2031
Figure 32: Latin America Market Attractiveness Analysis by Country, 2021 to 2031
Figure 33: Europe Market Value Share, By Resin, 2021 (E)
Figure 34: Europe Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 35: Europe Market Value Share, By Country, 2021 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2016 to 2020
Figure 37: Europe Market Value Forecast (US$ Mn), 2021 to 2031
Figure 38: Europe Market Attractiveness Analysis by Resin,2021 to 2031
Figure 39: Europe Market Attractiveness Analysis byEnd-use Industry, 2021 to 2031
Figure 40: Europe Market Attractiveness Analysis by Country, 2021 to 2031
Figure 41: South Asia Market Value Share, By Resin, 2021 (E)
Figure 42: South Asia Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 43: South Asia Market Value Share, By Country, 2021 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2016 to 2020
Figure 45: South Asia Market Value Forecast (US$ Mn), 2021 to 2031
Figure 46: South Asia Market Attractiveness Analysis by Resin,2021 to 2031
Figure 47: South Asia Market Attractiveness Analysis byEnd-use Industry, 2021 to 2031
Figure 48: South Asia Market Attractiveness Analysis by Country, 2021 to 2031
Figure 49: East Asia Market Value Share, By Resin, 2021 (E)
Figure 50: East Asia Market Value Share, By End-use Industry, 2021 (E)
Figure 51: East Asia Market Value Share, By Country, 2021 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2016 to 2020
Figure 53: East Asia Market Value Forecast (US$ Mn), 2021 to 2031
Figure 54: East Asia Market Attractiveness Analysis by Resin,2021 to 2031
Figure 55: East Asia Market Attractiveness Analysis by End-use Industry, 2021 to 2031
Figure 56: East Asia Market Attractiveness Analysis by Country, 2021 to 2031
Figure 57: Oceania Market Value Share, By Resin, 2021 (E)
Figure 58: Oceania Market Value Share, By End-use Industry, 2021 (E)
Figure 59: Oceania Market Value Share, By Country, 2021 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2016 to 2020
Figure 61: Oceania Market Value Forecast (US$ Mn), 2021 to 2031
Figure 62: Oceania Market Attractiveness Analysis by Resin, 2021 to 2031
Figure 63: Oceania Market Attractiveness Analysis by End-use Industry, 2021 to 2031
Figure 64: Oceania Market Attractiveness Analysis by Country, 2021 to 2031
Figure 65: Middle East and Africa Market Value Share, By Resin, 2021 (E)
Figure 66: Middle East and Africa Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2021 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2016 to 2020
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2021 to 2031
Figure 70: Middle East and Africa Market Attractiveness Analysis by Resin,2021 to 2031
Figure 71: Middle East and Africa Market Attractiveness Analysis by End-use Industry, 2021 to 2031
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2021 to 2031
Figure 73: U. S. Market Value Analysis (US$ Mn), 2021 & 2031
Figure 74: U. S. Market Value Share, By Resin, 2021 (E)
Figure 75: U. S. Market Value Share, By End-use Industry, 2021 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2021 & 2031
Figure 77: Canada Market Value Share, By Resin, 2021 (E)
Figure 78: Canada Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2021 & 2031
Figure 80: Mexico Market Value Share, By Resin, 2021 (E)
Figure 81: Mexico Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2021 & 2031
Figure 83: Brazil Market Value Share, By Resin, 2021 (E)
Figure 84: Brazil Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 85: U. K. Market Value Analysis (US$ Mn), 2021 & 2031
Figure 86: U. K. Market Value Share, By Resin, 2021 (E)
Figure 87: U. K. Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2021 & 2031
Figure 89: Germany Market Value Share, By Resin, 2021 (E)
Figure 90: Germany Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2021 & 2031
Figure 92: France Market Value Share, By Resin, 2021 (E)
Figure 93: France Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2021 & 2031
Figure 95: Italy Market Value Share, By Resin, 2021 (E)
Figure 96: Italy Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2021 & 2031
Figure 98: Spain Market Value Share, By Resin, 2021 (E)
Figure 99: Spain Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2021 & 2031
Figure 101: Russia Market Value Share, By Resin, 2021 (E)
Figure 102: Russia Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2021 & 2031
Figure 104: China Market Value Share, By Resin, 2021 (E)
Figure 105: China Market Value Share, By End-use Industry, 2021 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2021 & 2031
Figure 107: Japan Market Value Share, By Resin, 2021 (E)
Figure 108: Japan Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2021 & 2031
Figure 110: South Korea Market Value Share, By Resin, 2021 (E)
Figure 111: South Korea Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2021 & 2031
Figure 113: India Market Value Share, By Resin, 2021 (E)
Figure 114: India Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2021 & 2031
Figure 116: ASEAN Market Value Share, By Resin, 2021 (E)
Figure 117: ASEAN Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2021 & 2031
Figure 119: Australia Market Value Share, By Resin, 2021 (E)
Figure 120: Australia Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2021 & 2031
Figure 122: New Zealand Market Value Share, By Resin, 2021 (E)
Figure 123: New Zealand Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2021 & 2031
Figure 125: GCC Countries Market Value Share, By Resin, 2021 (E)
Figure 126: GCC Countries Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2021 & 2031
Figure 128: Turkey Market Value Share, By Resin, 2021 (E)
Figure 129: Turkey Market Value Share, ByEnd-use Industry, 2021 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2021 & 2031
Figure 131: South Africa Market Value Share, By Resin, 2021 (E)
Figure 132: South Africa Market Value Share, ByEnd-use Industry, 2021 (E)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How fast is the global intumescent coatings market expected to grow until 2031?
According to Fact.MR, global intumescent coating sales are anticipated to increase at approximately 3% CAGR to reach over US$ 1 billion by 2031, with extensive application for passive fire protection acquiring center stage.
Which end-use industry is poised to account for bulk of intumescent coating demand?
The oil & gas industry is expected to contribute over 40% of global intumescent coating demand, fueled by extensive exploration and extraction projects being carried out across prominent geographies.
Where are manufacturers anticipated to accrue highly lucrative gains?
According to Fact.MR, the U.S. is expected to yield significant gains, being valued at over US$ 240 million in 2020. This growth is stimulated by high uptake across the oil & gas industry. At the same time, China is projected register more than 5% CAGR th
What is the scenario for epoxy-based intumescent coatings?
Demand for epoxy-based intumescent coatings to surge at a CAGR of 4% and reach a valuation of over US$ 175 million by 2031.
Who are the prominent manufacturers of intumescent coatings?
Akzo Nobel, Jotun, Contego International Inc., Hempel A/S, Albi Protective Coatings, BASF SE, Rudolf Hensel GmbH, The Sherwin Williams Company, No Burn Inc., Demilec Inc., Sika AG, Teknos Group Oy, Nullifire Ltd., PPG Industries Inc., 3M Company, Gangotri
Intumescent Coatings Market