Cellulosic Fire Protection Intumescent Coatings Market - Trends Forecast Till 2028

Cellulosic Fire Protection Intumescent Coatings Market by Type (Water-borne, Solvent-borne), End-use, Material Type (Acrylic, Epoxy, Alkyd, VAE), Substrate Type (Structural Steel & Cast Iron, Wood), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: November, 2021

Base Year Estimate: 2020

Report ID: D-CM-CFPICM-516

Format:  

Number of Pages: 388

Domain: Chemicals & Materials

Cellulosic Fire Protection Intumescent Coatings Market – Trends Forecast Till 2028

The cellulosic fire protection intumescent coatings market size is projected to grow from USD 559 million in 2020 to USD 671 million by 2026, at a CAGR of 3.7% between 2021 and 2028.

The main types of cellulosic fire protection intumescent coatings are solvent-borne and water-borne. A solvent-borne coating is a liquid barrier film made up of organic compounds that are applied to the surface of a substance to resist corrosion.

The growing residential and non-residential building constructions across the globe, increasing awareness and emphasis on safety measures as well as increasing preference for lightweight materials, which require additional protection are some of the factors that have supported long-term expansion for Cellulosic Fire Protection Intumescent Coatings Market.

The COVID-19 pandemic has severely impacted EU-5 countries, the US, Russia, Poland, BENELUX, and Nordic countries. As a preventive measure, construction and industrial activities have been suspended. Several construction projects in Europe and North America have been suspended, which has resulted in a decline in demand for the cellulosic fire protection intumescent coatings. Due to the COVID-19 pandemic, the supply chain has been disrupted which significantly impacted the paints and coatings industry, which lead to a rise in the price of raw materials and other products.

Cellulosic Fire Protection Intumescent Coatings Market Research Report

North America is projected to lead the global cellulosic fire protection intumescent coatings market from 2021 to 2026. The US is the largest market for cellulosic fire protection intumescent coatings in North America. In North America, stringent regulations pertaining to fire safety in building and construction to ensure the safety and protection from fire accidents.

Cellulosic Fire Protection Intumescent Coatings Market is segmented into type, end use, material type, substrate type and region.

On the basis of Type

  • Solvent borne
  • Water borne

On the basis of End-User Industry

  • Residential
  • Commercial

On the basis of Material Type

  • Acrylic
  • Epoxy
  • Alkyd
  • VAE

On the basis of Substrate Type

  • Structural Steel & Cast Iron
  • Wood

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Cellulosic Fire Protection Intumescent Coatings Market Primary Respondent

 

Key Players

  • AkzoNobel
  • The Sherwin-Williams Company
  • PPG Industries
  • Jotun
  • Hempel
  • RPM International Inc.

Recent Developments

  • In May 2020, Hempel has begun the construction of a new factory in Yantai Chemical Industrial Park, China. The plant will have a production capacity of more than 100,000 tons per year and will be inaugurated by 2021.
  • In March 2019, AkzoNobel launched the new fire protection coating system for the wooden building façade, which got approved in Europe.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Cellulosic Fire Protection Intumescent Coatings Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Growth Rate

CAGR of 3.7% during the forecasting period, 2021-2026

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2026

Report Segmentation

type, end use, material type, substrate type and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

AkzoNobel, The Sherwin-Williams Company, PPG Industries, Jotun, Hempel and RPM International Inc.

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