Los Angeles, CA -- (SBWire) -- 04/11/2019 --Intumescent Coatings are coatings that react under the influence of fire, swelling to many times their original thickness and producing an insulating foam-like coating or "char" which protects the substrate. EU is the largest producer, taking about 35% production share in 2015, and China coming second only behind Europe, taking about 18% production share.
For the intumescent coatings consumption market, EU is the largest consumer, taking about 28% consumption share (approximately 61 K MT) in 2015, followed by China and US. Although China plays a very important in the intumescent coatings industry, the quality of products is not good, and the high-end products rely on importing from Europe and USA.
The global Intumescent Coatings market was 710 million US$ in 2018 and is expected to 800 million US$ by the end of 2025, growing at a CAGR of 1.8% between 2019 and 2025. This report studies the Intumescent Coatings market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Intumescent Coatings in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
AkzoNobel
RPM
Albi-StanChem
Sherwin-Williams
JOTUN
Flame Control
PPG
3M
SKK
Demilec
Isolatek
Wacker
ACS
OMNOVA
R. Brothers
Yung Chi
INCA
Beijing Jinyu
Sichuan Tianfu
Shandong Singal
Jiangsu Lanling
Kunshan Ninghua
Henan Zhoangao
By the product type, the market is primarily split into
Cellulose
Hydrocarbon
By the end users/application, this report covers the following segments
Construction
Oil & Gas
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Intumescent Coatings Market Is Expected to 800 Million Usd by the End of 2025
Intumescent Coatings Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.