finanzen.net
11.10.2018 13:30
Bewerten
(0)

Intumescent Coatings Market to Earn US$675.6 Mn by 2024 With Surge in Fire Safety Measures - TMR

DRUCKEN

ALBANY, New York, October 11, 2018 /PRNewswire/ --

In a recent report by Transparency Market Research (TMR), the vendor landscape of the global intumescent coatings market is expected to increase at a steady pace owing to the recently introduced polyurethane resins in the market. In the coming years the demand for intumescent coatings is likely to increase as major players are emphasizing more on expanding their outreach geographically and distributing their networks in order to gain more profits in the market.

     (Logo: https://mma.prnewswire.com/media/664869/Transparency_Market_Research_Logo.jpg )

Some of the leading players of the global intumescent coatings market are OMNOVA Solutions Inc., Flame Control Coatings LLC, 3M, Akzo Nobel N.V., Sherwin-Williams Co., and Albi Manufacturing. Leading competitors of the market are focusing more to explore new growth opportunities with the help of mergers and acquisitions. Not only this, they are also applying new strategies in order to hold a strong base in the market all over the world. Apart from collaborations plans, leading vendors are also investing more on research and development activities and increasing them with the aim to give a tough competition to other participants in the market in the future years.

Request a Sample of Intumescent Coatings Market: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=11711

As per the TMR report, the global intumescent coatings market is projected to earn a US$675.6 mn by the end of 2024. The market is estimated to expand with 7.0% CAGR during the period of 2016 to 2024. Geographically, Asia Pacific is presumed to hold a leading share in the market as it was dominating in the earlier years of 2015 with more than 40% share of the overall market.

Asia Pacific Market to Increase at Faster Rate Owing to Increasing Number of Construction Business 

Intumescent coatings are majorly applied across construction and building sector and are to provide lucrative opportunities over the years to come. There has been an increase in demand for intumescent coatings all over the construction and building industries and owing to this there has been numerous growth opportunity for these coatings all around the world.

Request For Multiple Chapters of Intumescent Coatings Market: https://www.transparencymarketresearch.com/sample/sample.php?flag=MC&rep_id=11711

The outcome of increase in the number of fire accidents is such that there is injury or loss of both property and most importantly, of life. This has now led to an implementation of different standards, regulations, and codes for fire protection and fire safety. From all around the world, the region having the highest number of fire safety codes of conducts is Europe. This is closely followed by North America. The consumption of intumescent coatings have also increased deliberately due to the implication of these codes. Several countries all around the world have started executing these rules and regulations for fire safety and building protection.

Request For Custom Research: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=11711

From a geographical perspective, the global intumescent coatings market is anticipated to be overpowered by the Asia Pacific region. This is due to the fact that there has been massive surge in construction activities especially of infrastructure for both commercial as well as residential sectors.

Lack of Awareness of Fire Safety Hindering Market Growth 

Although the intumescent coatings market is experiencing a stable growth, there are certain factors like expensive cost that might hinder the market in the long run. The high cost of the intumescent coatings may bring down the preference level in the market, thus affecting the revenue income altogether. Consumers in developing nations like that of Thailand, India and China are very cost-sensitive, and since they provide more potential for growth, them turning away to cheaper coating systems may not only stagnate the safety measures of building and property but also decelerate the growth rate of the overall market. Besides the higher cost, the market may also be affected by the lack of awareness about fire safety and protection and its remedial measure in most of the countries, thus, hampering the overall growth of the market in the future.

Request For Discount On This Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=11711

However, the implication of safety codes are making efforts to create awareness as well as provide protection from fire incidents by opting intumescent coatings and this may turn up the growth rates eventually.

The information presented in this review is based on a TMR report titled, "Intumescent Coatings Market (Resin Type - Acrylic, Epoxy, and Polyurethane; Fire Type - Cellulosic and Hydrocarbon; Technology - Water-based, Solvent-based, and Powder-based; Application - Building & Construction, Oil & Gas, Transportation, and Consumer Electronics) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024"

Global Intumescent Coatings market is segmented as follows: 

Global Intumescent Coatings Market by Resin Type 

  • Acrylic
  • Epoxy
  • Polyurethane

Global Intumescent Coatings Market by Fire Type 

  • Cellulosic
  • Hydrocarbon

Global Intumescent Coatings Market by Technology Type 

  • Water based
  • Solvent Based
  • Powder Based

Global Intumescent Coatings Market by Application Type  

  • Building & Construction
  • Oil & gas
  • Transportation
  • Consumer electronics

Global Intumescent Coatings Market by Region 

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • Egypt
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Browse MoreChemical & Materials Market Research Reports

Popular Research Reports by TMR: 


About Us 

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

Research Blog: https://cmfenews.com


SOURCE Transparency Market Research

Anzeige
Anzeige
Börse Stuttgart Anlegerclub

Fünf deutsche Internet-Aktien, die Sie kennen sollten!

Das Gute liegt oft so nah. Heimische Internet-Unternehmen rollen den Markt auf. Im neuen Anlegermagazin erwartet Sie ein Special über deutsche Internet-Aktien, die Sie kennen sollten.
Kostenfrei registrieren und lesen!

Heute im Fokus

DAX deutlich leichter -- Wall Street im Minus -- China setzt Zölle auf Autoimporte aus den USA aus -- Scout24 prüft wohl Börsenrückzug -- Merck & Co, LEONI, Apple, ISRA VISION im Fokus

Italienische Zentralbank stutzt Wachstumsprognose für 2018. Wirtschaftsminister Altmaier erwartet 2019 keinen Konjunktureinbruch. Briten sollen künftig sieben Euro für visafreie Reisen in EU zahlen. Südzucker-Tochter CropEnergies erhöht die Prognose. Ausblick treibt die Anleger von Dr. Hönle in die Flucht. BMW-, VW- und Daimler-Aktien unter Druck infolge schwacher EU-Absatzzahlen. Bundesbank senkt BIP-Prognosen und sieht weiter Hochkonjunktur.

Die 5 beliebtesten Top-Rankings

Gut bezahlte Jobs
Bei diesen Top-Konzernen brauchen Bewerber keinen Abschluss
Diese Aktien hat Warren Buffett im Depot
Einige Änderungen unter den Top-Positionen
Ausgaben auf Rekordniveau
Die beliebtesten Weihnachtsgeschenke 2018
Das sind die reichsten Länder Welt 2018
USA nicht mal in den Top 10
In diesen Ländern ist Netflix am teuersten
Hier müssen Abonnenten tief in die Tasche greifen
mehr Top Rankings

Umfrage

Die Bahn hat den Fernverkehr am Montag wegen eines Warnstreiks bundesweit eingestellt. Haben Sie Verständnis für das Verhalten der Gewerkschaft EVG?

finanzen.net Brokerage

Online Brokerage über finanzen.net

Das Beste aus zwei Welten: Handeln Sie für nur 5 Euro Orderprovision* pro Trade unmittelbar aus der Informationswelt von finanzen.net!
Zur klassischen Ansicht wechseln
Kontakt - Impressum - Werben - Pressemehr anzeigen
Top News
Beliebte Suchen
DAX 30
Öl
Euro US-Dollar
Bitcoin
Goldpreis
Meistgesucht
Saint-Gobain S.A. (Compagnie de Saint-Gobain)872087
Deutsche Bank AG514000
Daimler AG710000
Apple Inc.865985
Amazon906866
GAZPROM903276
CommerzbankCBK100
BASFBASF11
Aurora Cannabis IncA12GS7
Steinhoff International N.V.A14XB9
Volkswagen (VW) AG Vz.766403
Wirecard AG747206
Scout24 AGA12DM8
TeslaA1CX3T
Allianz840400