Intumescent Coatings Market Size | Industry Report, 2022

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Intumescent coatings market Market 2015 2022
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Global Market Scenario of Intumescent
Coatings

• Intumescent coatings market size was estimated
  at 98.1 kilo tons in 2014 with expectation
  forecast at 145.6 kilo tons by 2022, growing at
  more than 5.
• Intumescent coatings market size is segmented on
  the basis of application into hydrocarbon and
  cellulosic coatings. Cellulosic applications
  accounted for over 57 of intumescent coatings
  market share in 2014, with 56.3 kilo tons
  consumed.
• Epoxy resin market serves as a precursor for
  soft char intumescent coating production, which
  is primarily used for hydrocarbon applications.
• https//www.gminsights.com/industry-analysis/intum
  escent-coatings-market-report

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• Over the last 5 years, significant capacity
  additions in Asia Pacific, coupled with sluggish
  global demand have seen epoxy resins being in an
  over-supply situation. 
• Asia Pacific accounted for over 62 of the global
  production in 2014, followed by Europe, while the
  U.S. accounted for 11 of total consumption.
• They provide protection owing to their property
  of swelling in a controlled manner during high
  temperatures. Exposure to heat results in a
  carbonaceous char which acts as insulation. 
• Growing demand for fire protection in steel, oil
  gas, construction sectors is expected to be a
  key driver for intumescent coatings industry
  growth.
• https//www.gminsights.com/industry-analysis/intum
  escent-coatings-market-report

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Europe Intumescent coatings market size by
end-use, 2012 - 2022 (Kilo tons)
https//www.gminsights.com/industry-analysis/intum
escent-coatings-market-report
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360 Analysis

• Application Analysis
• Cellulosic intumescent coatings market size was
  over USD 400 million in 2014 with revenue growth
  forecast of 4.5 up to 2022. Increasing use in
  construction and infrastructure, to protect
  structural steel is expected to be a favorable
  factor for growth over the next six years.
• Regional Analysis
• Asia Pacific, dominated by China and India
  intumescent coatings market size, was the
  largest, regional consumer, with revenue of over
  USD 269 million in 2014.
• U.S. intumescent coatings market share is
  expected to reach USD 143.7 million by 2022, with
  potential opportunity from the aerospace
  industry.
• Competitive Market Share
• Key manufacturers with global intumescent
  coatings market share include Sherwin-Williams,
  Jotun, Carboline, Akzo Nobel and Hempel. The
  industry was dominated by Carboline and Jotun
  prior to Sherwin-Williams acquiring Leighs
  Paints. However, post acquisition,
  Sherwin-Williams accounted for the largest market
  share in terms of revenue, accounting for over
  27 of the total demand.

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