Portland, OR -- (SBWire) -- 09/26/2017 --Fire protection coatings are used to avoid and regulate the spread of fire in end-use industries. These coatings diminish the impairment instigated by fire to the surfaces. They are extensively used in marine, building & construction, and oil & gas industries.
The growth of the global fire protection coating market is driven by increase in adoption of fire protection coating over conventional coatings. In addition, growing awareness of fire protective coating and stringent fire safety norms and regulations drive the growth of the market. The market has witnessed numerous growth opportunities, owing to the efficiency of these coatings and the widespread range of surfaces on which they can be applied to.
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The global fire protection coating market is segmented based on type, application, and geography. Based on type, the market is categorized into liquid fire-resistant coatings, powder fire-resistant coating, and others. Building & construction, oil & gas, automotive, aerospace, marine, electrical & electronics, furniture, textiles, and others are the applications of fire protection coatings. By geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global market focus on key market strategies such as mergers, acquisitions, collaborations, and partnerships.
Some of the key players in the global market include:
- Akzo Nobel N.V.
- BASF SE
- Nippon Paint Co., Ltd.
- Sherwin-Williams Company
- Hempel A/S
- Jotun AS
- Contego International, Inc.
- No-Burn, Inc.
- Nullifire
- Pyrotech
Fire Protection Coating Market Key Segments:
By Type
- Liquid Fire-resistant Coatings
- Powder Fire-resistant Coatings
- Others
By Application
- Building & Construction
- Oil & Gas
- Automotive
- Aerospace
- Marine
- Electrical & Electronics
- Furniture
- Textiles
- Others
By Geography
- North America
o U.S.
o Canada
o Mexico
- Europe
o Germany
o France
o UK
o Italy
o Russia
o Rest of Europe
- Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
- LAMEA
o Brazil
o Argentina
o South Africa
o Rest of LAMEA
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Fire Protection Coating Market Is Set for Financial Growth Globally in the Forecast Period
Fire Protection Coating Market Size is Set to Grow at a Remarkable Pace in the Coming Years.