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Intumescent Coatings Market

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Global Intumescent Coatings Industry Trends - Intumescent Coatings Market to be driven by rising demand from construction and oil and gas industries; Market for intumescent coatings is expected to witness rising demand from North America and Asia Pa
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Intumescent Coatings Market - Global
Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024
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REPORT DESCRIPTION
Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Intumescent
Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024” This report
likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and
worldwide business sector industry structure.
Global Intumescent Coatings Market: Overview
The rising demand from end-use industries such as construction and oil and gas is anticipated to boost the global intumescent
coatings market. The market will also gain impetus from the demand generated by the automotive industry. The automotive
industry is expected to grow at a rapid pace in the next few years following the launch of new vehicle models with in-built
advanced safety features. This will emerge as a prime factor fueling the demand for intumescent coatings from the automotive
industry. The implementation of stringent regulations for improved fire safety in buildings and the increasing emphasis on
building aesthetics will also propel the growth of the global intumescent coatings market.
Intumescent coatings offer lower installation complexity and a wide range of operating temperatures as compared to other
types of passive fire protection products. The rapid infrastructural development witnessed in the emerging economies of Asia
Pacific such as India, Indonesia, and China and the rising emphasis on safety standards are also expected to drive the global
intumescent coatings market.
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The report presents a comprehensive analysis of the various factors that will drive and restrain the global intumescent coatings
market. It also covers exhaustive information relating to the market’s performance in the past and the impact of prevailing
government policies on its growth trajectory in the future. To study the prevailing competitive landscape, the report also profiles
the most prominent enterprises operating in the market.
Global Intumescent Coatings Market: Key Opportunities and Threats
Paradigm shift in consumer preference from solvent-based to water-soluble coatings due to the superior performance offered by
the latter and reduced VOCs will result in the surging demand for intumescent coatings during the forecast period. However,
fluctuating raw material prices are likely to hamper the growth of the market to a great extent since it is highly dependent on
petrochemicals. Nevertheless, increasing investments in the research and development of bio-based epoxy resins used in
intumescent coatings manufacturing will augment the industry growth in the near future.
Based on application, the two major segments of the global intumescent coatings market are cellulosic coatings and
hydrocarbons. Of these, the cellulosic coatings segment led the market owing to rising demand from residential and commercial
construction activities. Regionally, the market is expected to witness rising demand from North America and Asia Pacific.
In terms of end-use industry, the oil and gas industry exhibits the highest demand for intumescent coatings. The market also
witnesses rising demand from the construction and automotive industries. The growing awareness regarding safety among
consumers along with rising emphasis by regulatory bodies on implementing suitable fire protection standards is expected to
boost the demand for intumescent coatings.
Global Intumescent Coatings Market: Region-wise Outlook
Asia Pacific exhibits attractive prospects for enterprises operating in the global intumescent coatings market. The rapid
industrialization and economic boom witnessed in the emerging economies of the region provide lucrative opportunities for the
market. Additionally, strong infrastructural spending in India, China, South Korea, and Malaysia augments the demand for
improved fire safety, which is in turn, driving the market for intumescent coatings in the region.
The market for intumescent coatings in the U.S. is also growing at an impressive pace, driven by opportunities from the
aerospace industry. Stringent regulations mandating the implementation of fire protection in buildings will augment the demand
for intumescent coatings from Europe. Latin America and the Middle East and Africa are also expected to report high demand for
intumescent coatings in the future.
Browse the full Research report at : http://www.transparencymarketresearch.com/intumescent-coatingsmarket.html
Global Intumescent Coatings Market: Vendor Landscape
To provide a holistic evaluation of the prevailing vendor landscape, the report profiles companies such as No-Burn Inc., SherwinWilliams, Jotun Group, AkzoNobel, and others. The strengths and weaknesses of the companies profiled are examined in detail.
The report also provides insights into the threats and opportunities that these companies may witness in the near future.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and
verifiable projections about market size. The projections featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every
facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
•
Market segments and sub-segments
•
Market trends and dynamics
•
Supply and demand
•
Market size
•
Current trends/opportunities/challenges
•
Competitive landscape
•
Technological breakthroughs
•
Value chain and stakeholder analysis
The regional analysis covers:
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North America (U.S. and Canada)
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Latin America (Mexico, Brazil, Peru, Chile, and others)
•
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
•
Eastern Europe (Poland, Russia)
•
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
•
Middle East and Africa (GCC, Southern Africa, North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned
analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and
mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment
over the forecast period.
Highlights of the report:
•
A complete backdrop analysis, which includes an assessment of the parent market
•
Important changes in market dynamics
•
Market segmentation up to the second or third level
•
Historical, current, and projected size of the market from the standpoint of both value and volume
•
Reporting and evaluation of recent industry developments
•
Market shares and strategies of key players
•
Emerging niche segments and regional markets
•
An objective assessment of the trajectory of the market
•
Recommendations to companies for strengthening their foothold in the market
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