North America Intumescent Coatings For Fireproofing And Spray-Applied Fire-Resistive Materials Market, By Product Type (Intumescent Coatings For Fireproofing And Spray-applied Fire-resistive Materials Materials), Type (Thick-Film And Thin-Film), Resin (Epoxy, Acrylic, Alkyd, Polyurethane, And Others), Substrate (Structural Cast Iron and Cast Iron, Wood, Composite Elements, Others), Technology (Epoxy Based, Water Based, Solvent Based, And Powder Based), Application (Hydrocarbon And Cellulosic), End-User (Building And Constructions, Oil And Gas, Industrial, Automotive, Aerospace, And Others), Country (U.S., Canada, Mexico), Market Trends and Forecast to 2028.
Market Analysis and Insights: North America Intumescent Coatings for Fireproofing and Spray-Applied Fire-Resistive Market
Intumescent coatings for fireproofing and the spray-applied fire-resistive market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 4.9% in the forecast period of 2020 to 2028 and is expected to reach USD 525,165.86 thousand by 2028.
Intumescent coatings for fireproofing and spray-applied fire-resistive materials are polymeric partial fire protection systems that are used to preserve the structural integrity of substrates in the incident of a fire. Such intumescent coatings for fireproofing and spray-applied fire-resistive materials could react to heat and form chars that could control the spread of fire for a short time verifying between 15-120 minutes so that people could be brought to safety by fire and safety officials in the incident of a fire.
Intumescent coatings for fireproofing and spray-applied fire-resistive materials are mainly made from chemical systems such as epoxies, polyurethane, alkyd, among others, and are capable of generally forming both thin as well as thick coatings. These materials are generally able to protect substrates such as steel, wood, composite materials, among others. They are generally used in building and construction, industries, aerospace, among others where the risk of fire is significantly higher.
This intumescent coating for fireproofing and spray-applied fire-resistive market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief. Our team will help you create a revenue impact solution to achieve your desired goal.
North America Intumescent Coatings for Fireproofing and Spray-Applied Fire-Resistive Market Scope and Market Size
North America Intumescent coatings for fireproofing and the spray-applied fire-resistive market is segmented of basis into product type, type, resin, substrate, technology, application, and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the intumescent coatings for fireproofing and spray-applied fire-resistive materials market is segmented into intumescent coatings for fireproofing and spray-applied fire-resistive materials. In 2021, the intumescent coatings for fireproofing segment is dominating the market because of the huge adoption of intumescent coatings for fireproofing in new construction projects.
- On the basis of type, the intumescent coatings for fireproofing and spray-applied fire-resistive materials market is segmented into thick-film and thin-film. In 2021, the thick-film segment is dominating the market because of the higher dry film thickness compared to the thin film.
- On the basis of resins, the intumescent coatings for fireproofing and spray-applied fire-resistive materials market are segmented into epoxy, acrylic, alkyd, polyurethane, and others. In 2021, the epoxy segment is dominating the market because of the high corrosion resistance offered by the segment.
- On the basis of substrate, the intumescent coatings for fireproofing and spray-applied fire-resistive materials market is segmented into structural steel & cast iron, wood, composite elements, and others. In 2021, the demand for intumescent coatings for applications on structural steel and cast iron is rising in the market due to enormous residential and commercial constructions in the region.
- On the basis of technology, the intumescent coatings for fireproofing and spray-applied fire-resistive materials market is segmented into epoxy-based, water-based, solvent-based, and powder-based. In 2021, the epoxy-based segment is dominating the market because epoxy-based coatings provide excellent hydrocarbon fire protection even in the harshest environment of the region.
- On the basis of application, the intumescent coatings for fireproofing and spray-applied fire-resistive materials market is segmented into hydrocarbons and cellulosic. In 2021, the hydrocarbons segment is dominating the market because coatings intumescent materials offer protection for steel structures also in a high-risk environment such as offshore platforms and petrochemical plants, where hydrocarbon fires are prevalent.
- On the basis of end-user, the intumescent coatings for fireproofing and spray-applied fire-resistive materials market is segmented into building and construction, oil and gas, industrial, automotive, aerospace, and others. In 2021, the building and construction segment is dominating the market because of the fireproofing coating the growing number of residential and commercial constructions in the region.
Intumescent Coatings for Fireproofing and Spray-Applied Fire-Resistive Market Country Level Analysis
North America market is analysed, and market size information is provided by country, type, grade, application, and end-user.
The countries covered in the intumescent coatings for fireproofing and spray-applied fire-resistive market reports are U.S., Canada, and Mexico in North America.
The U.S. dominates the North America Intumescent coatings for fireproofing, and the spray-applied fire-resistive market is dominating the market due to the increase in aerospace and constructional activities of the region.
Intumescent coatings for fireproofing and spray-applied fire-resistive Market, By Substrate
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.
Growth in The Intumescent Coatings For Fireproofing And Spray-Applied Fire-Resistive Industry
North America intumescent coatings for fireproofing and spray-applied fire-resistive market also provides you with detailed market analysis for every country growth in the installed base of different kinds of products for Intumescent coatings for fireproofing and spray-applied fire-resistive market, impact of technology using lifeline curves, and changes in infant formula regulatory scenarios and their impact on the Intumescent coatings for fireproofing and spray-applied fire-resistive market. The data is available for the historical period 2010 to 2019.
Competitive Landscape and Intumescent Coatings for Fireproofing and Spray-Applied Fire-Resistive Market Share Analysis
North America intumescent coatings for fireproofing and spray-applied fire-resistive market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to North America Intumescent coatings for fireproofing and spray-applied fire-resistive market.
The major players covered in the report are • Jotun (a subsidiary of Orkla), PPG Industries, Inc., AKZO NOBEL N.V., The Sherwin-Williams Company, Hempel A/S, 3M, Etex Group, Flame Control, Isolatek International, MBCC Group, GCP Applied Technologies Inc., Contego International Inc., Teknos Group, Carboline (a subsidiary of RPM international Inc.), Arabian vermiculite industries., Sika AG, No-Burn, Inc., among other players in domestic and North America. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
For instance,
- In June 2021, Carboline announced that it is acquiring Dudick Inc., a prominent leader of high-performance coatings in the world. The company expects to diversify its product portfolio and expand its overall business with this acquisition.
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