Cellulosic Fire Protection Intumescent Coatings Market
Cellulosic Fire Protection Intumescent Coatings Market Trends, Opportunity, and Forecast Analysis, 2024-2033
Cellulosic Fire Protection Intumescent Coatings Market revenue to generate USD 1809 million by 2033, according to KDMI analyst’s growth analysis. The market is segmented by Application, End-User Industries, Technology Type and by region.
Cellulosic Fire Protection Intumescent Coatings Market Size Survey Report – In a Glance
As per the survey report on global Cellulosic Fire Protection Intumescent Coatings Market, the market is projected to foresee a CAGR of 4.2% between 2024-2033, and further generate a market size of USD 1809 million revenue by the end of 2033. In the year 2024, the market size was valued at USD 797 million revenue.
- The global Cellulosic Fire Protection Intumescent Coatings Market is projected to grow on account of implementation of strict fire safety rules.
- In Japan, the growing awareness of fire hazards can be attributed to the increased innovation in the Cellulosic Fire Protection Intumescent Coatings Market.
- KDMI analyst’s growth analysis foresees restricted performance in harsh ambience to challenge the market growth.
- Asia Pacific, having the highest market share in the Cellulosic Fire Protection Intumescent Coatings Market, is projected to dominate the global market.
Cellulosic Fire Protection Intumescent Coatings Market Analysis
Cellulosic Fire Protection Intumescent Coatings serve as an inert security measure to guarantee the safety of structural steel and buildings in response to combustion, providing efficient fire protection along with boosting qualities such as adaptability, unified aesthetic finish and ease of use. Abiding of strict fire & safety rules globally is one of the significant growth drivers of the cellulosic fire protection intumescent coatings market. The main aspects of the United Kingdom fire safety regulations, such as Building Regulations 2010, require buildings to have adequate escape mediums and marked escape layouts fire investigation and alarm systems & fire resistance of the structure. Similarly, the European Union’s fire safety regulations are CPR ensures testing and certification of construction products to denote if they satisfy the safety rules. Kansai Paints Co. Ltd, ETEX Group and Sika AG are significant players in the global market for Cellulosic Fire Protection Intumescent Coatings.
Analyst’s Observation on Japan Cellulosic Fire Protection Intumescent Coatings Market Survey
Intumescent coatings, essential in inert fire protection, go through expansion while being exposed to heat, creating a protective layer which retards the conflagration. The growing awareness of fire hazards is attributed to be the reason behind the growth of the Japanese cellulosic fire protection intumescent market. The firefighting brands have set up several fire departments, initiating with Tokyo Fire Department Band, which was set up as the first and foremost firefighter band in Japan in 1949. These firefighter bands perform at several concerts, such as in firefighting events, to increase awareness and boost cooperation in fire & disaster prevention. Further, the articulation of a fire prevention consent system to enhance building safety by involving fire departments is another growth driver of the Japanese Cellulosic Fire Protection Intumescent Coatings Market. Kansai Paints Co. Ltd is one significant player in the Japanese market for Flexible Packaging.
Cellulosic Fire Protection Intumescent Coatings Market: Report Scope |
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Base Year |
2023 |
Estimated Market Size |
USD 797 Million in 2024 |
Forecast Year |
2024-2033 |
Projected Market Size |
USD 1809 Million in 2033 |
CAGR Value |
4.2% |
Cellulosic Fire Protection Intumescent Coatings Market Key Trends/Major Growth Drivers |
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Restraint Factors |
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Cellulosic Fire Protection Intumescent Coatings Market Segmentation |
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Fastest Growing Region |
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Cellulosic Fire Protection Intumescent Coatings Market Key Players |
AkzoNobel, PPG Industries, The Sherwin-Williams Company, Jotun, Hempel, Sika AG, RPM International Inc, Kansai Paints Co. Ltd, ETEX Group, StanChem Polymers, Asian Paints PPG Pvt. Ltd and Others |
Cellulosic Fire Protection Intumescent Coatings Market Growth Driver & Market Restraint
Growth Driver
Increasing global building activity:
Intumescent coatings are applied to several surfaces, including wood and steel concrete, in both outdoor & indoor ambience. They are appropriate for structural element use, such as beams, columns and walls to offer fire protection. The increased worldwide construction activity is one growth driver of the market size of cellulosic fire protection intumescent coatings. The construction work is predicted to increase from USD 9.7 trillion in 2022 to USD 13.9 trillion, and the worldwide growth is driven by big opportunities in the worldwide green economy. Growth in China's construction market recommences sharply in 2025 post real estate restraints, and the United Kingdom will rapidly expand its construction superpower. The four fastest-growing construction markets over the subsequent 15 years will be Vietnam, Indonesia, Malaysia and Vietnam.
Market Restraint
Restricted performance in harsh ambience:
Depending on the ambience, cellulosic intumescent coatings might not perform properly in extremely low or high temperatures, harsh circumstances, and high humidity. Their functionality and longevity may be influenced by these restraints.
Cellulosic Fire Protection Intumescent Coatings Market Segmentation
Our experts at KD Market Insights have segmented the global Cellulosic Fire Protection Intumescent Coatings Market research report as:
By Application |
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By End User Industries |
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By Technology Type |
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By Region |
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Cellulosic Fire Protection Intumescent Coatings Market Regional Synopsis
Asia Pacific is expected to dominate the Cellulosic Fire Protection Intumescent Coatings market due to the expansion of the oil and gas sector in the region. As a sudden announcement in China, worldwide demand expansion is increasing steadily from the rates observed lately, with world oil demand expanding by 900000 barrels every day as of 2024 or 0.9% in 2024. China has been the keystone of expansion in worldwide oil demand due to huge factory activity, large infrastructure investment and increasing prosperity all over a population of 1 billion people. Over the previous decade, the yearly increase in Chinese oil demand has averaged an additional 600000 b/d, registering for more than 60% of the whole average increase. The oil consumption in China in 2023 was higher than 18%. Further, the oil demand in India is anticipated to account for 2X growth to reach 11 million barrels/day by 2045. The natural gas consumption in India is anticipated to expand by 25 million cubic meters, accounting for an annual average expansion of 9% by 2024.
Asia Pacific is the fastest-growing region in the cellulosic fire protection intumescent coatings market due to its increasing application in the transportation industry. The Cellulosic Fire Protection Intumescent Coatings is used in the transport sector to safeguard steelwork. Significant expansion in the Chinese transportation sector has been noticed lately. A whole of 2776 kilometres of high-speed railways were inaugurated, and 7000 km of expressways were constructed or grown in the previous year. The region added or enhanced 1000 km of shipping lanes and airports for transportation purposes. The Chinese transport services continued to improve in the last year with a maximized transport structure. The CAGR for the domestic passenger and freight expansion over the previous decade has been 14.2% and 7.8%. India's transport infrastructure is anticipated to expand at approximately 5.9%% CAGR, ultimately becoming the fastest-growing segment. Considerable factors that will increase the demand for the logistics sector of India include the region’s projected GDP growth of USD 26 trillion by the financial 2048.
Cellulosic Fire Protection Intumescent Coatings Market Competitive Landscape
Some of the key players who top the global Cellulosic Fire Protection Intumescent Coatings Market share:
- AkzoNobel
- PPG Industries
- The Sherwin-Williams Company
- Jotun
- Hempel
- Sika AG
- RPM International Inc
- Kansai Paints Co. Ltd
- ETEX Group
- StanChem Polymers
- Asian Paints
- PPG Pvt. Ltd
- Executive Summary
- Market Overview
- Key Findings
- Market Trends
- Market Outlook
- Introduction
- Scope of the Report
- Research Methodology
- Definitions and Assumptions
- Acronyms and Abbreviations
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Challenges
- Global Cellulosic Fire Protection Intumescent Coatings Market
- Market Overview
- Market Size and Forecast
- Market Segmentation
- By Application
- By End-User Industries
- By Technology Type
- By Region
- Market Segmentation by Application
- Fire Protection for Structural Steel
- Fire Protection for Wooden Substrates
- Protection for Cables and Electrical Enclosures
- Concrete fireproofing
- Others
- Market Segmentation by End User Industries
- Building and Construction
- Oil and Gas
- Power Generation
- Transportation
- Others
- Market Segmentation by Technology
- Water-Borne Intumescent Coatings
- Borne Intumescent Coatings
- Powder-Based Intumescent Coatings
- Epoxy-Based Intumescent Coatings
- Others
- Regional Analysis
- North America
- United States
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- Canada
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- Mexico
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- United States
- Europe
- United Kingdom
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- Germany
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- France
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- Italy
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- Spain
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- Rest of Europe
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- United Kingdom
- Asia Pacific
- China
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- Japan
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- India
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- Australia
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- South Korea
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- Rest of Asia Pacific
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- China
- Latin America
- Brazil
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- Argentina
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- Colombia
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- Rest of Latin America
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- Brazil
- Middle East & Africa
- South Africa
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- Saudi Arabia
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- UAE
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- Rest of Middle East & Africa
- Market Size and Forecast
- Key Trends and Developments
- Market Analysis by Application, End-User Industries and Technology Type
- South Africa
- North America
- Competitive Landscape
- Market Share Analysis
- Company Profiles
- Archroma
- AkzoNobel
- PPG Industries
- The Sherwin-Williams Company
- Jotun
- Hempel
- Sika AG
- RPM International Inc
- Kansai Paints Co. Ltd
- ETEX Group
- StanChem Polymers
- Asian Paints
- PPG Pvt. Ltd
- Others
- Strategic Recommendations
- Appendix
- List of Tables
- List of Figures
- References
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