openPR Logo
Press release

Demand for Epoxy-Based Intumescent Coatings to Surge at a CAGR of 4% by 2031

07-26-2021 12:08 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Award-winning consulting firm Fact.MR’s global report on intumescent coatings forecasts a positive outlook, projecting a CAGR of approximately 3%, to be valued at a little over US$ 1 billion by 2031. Growth is majorly expected to be pivoted by extensive application across industries such as oil & gas, construction, and automotive manufacturing.

Click Here to Get Complete Synopsis of this Report https://www.factmr.com/report/intumescent-coatings-market

The market accrued impressive gains in recent years, being valued at just over US$ 900 million in 2020. Increasing awareness, regulations, and emphasis regarding safety measures for the building & construction as well as rising preference for lightweight materials are driving market growth. Moreover, increasing episodes of fire hazards are prompting industries to invest in high-grade fire safety solutions.

According to the World Health Organization (W.H.O), an estimated 180,000 deaths occur each year from fires alone, with more deaths from scalds, electrical burns, and other forms of burning. Over 90% of these deaths occur across low- and middle-income countries. While a lot burns are a result of accidents across residential settings, fire hazards across industrial settings are rampant, comprising most of all burn injuries and accidents. Hence, key end users are increasing uptake of intumescent coatings to mitigate these tragedies.

Request a Sample of this Report https://www.factmr.com/connectus/sample?flag=S&rep_id=6219

Key Takeaways from Market Study

Intumescent coatings for oil & gas to generate more than 40% revenue through 2031

By resin, epoxy intumescent coatings to surpass US$ 175 million valuation by 2031

Polyurethane-based intumescent coatings to record CAGR of nearly 4% throughout the forecast period

Demand across the U.S. surpassed US$ 240 million in 2020, amid extensive uptake to reduce fire hazards

Market in China to expand at over 5% CAGR and reach more than US$ 220 million by 2031, amid growing presence of independent oil & gas exploration ventures

“Increasing demand for enforcing fire safety norms is escalating uptake of advanced grade intumescent coatings across key end-use industries, stimulating market growth and widening revenue prospects,” remarks a Fact.MR analyst.

Speak to Research Analyst https://www.factmr.com/connectus/sample?flag=AE&rep_id=6219

Competitive Landscape
Major intumescent coating manufacturers are majorly reliant on forging strategic collaborative agreements, mergers & acquisitions, product launches, and acquiring certifications for existing their product lines to secure a firm footing across the international marketplace.

In October 2020, BASF SE initiated a study to investigate and develop a unique technology furthering intumescent coatings manufacturing which can dramatically decrease application times and preclude the need for a topcoat, expected to yield significant benefits to key end-users.

In May 2020, Rudolf Hensel GmbH introduced its patented HENSOTHERM® 820 KS fire protection system which serves in lieu of concrete coverings or reinforced concrete parts, and is applied across flat floors and walls of reinforced concrete.

Full Access of this Report https://www.factmr.com/checkout/6219

Report Also Addresses:

Market Estimates and Forecasts (2016-2031)
Key Drivers and Restraints Shaping Market Growth
Segment-wise, Country-wise, and Region-wise Analysis
Competition Mapping and Benchmarking
Brand Share and Market Share Analysis
Key Product Innovations and Regulatory Climate
COVID-19 Impact on Intumescent Coatings and How to Navigate
Recommendation on Key Winning Strategies

More Insights Available
Fact.MR, in its new offering, presents an unbiased analysis of the intumescent coatings market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031. The study divulges essential insights on the market on the basis of resin (epoxy, acrylic, polyurethane, alkyd, and other resin types) and end-use industry (building & construction, automotive, oil & gas, and other end-use industries), across five major regions of the world (North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa).

For More insights https://www.globalbankingandfinance.com/water-cooled-process-chillers-to-gain-traction-owing-to-its-low-power-consumption/

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email : sales@factmr.com
Website : https://www.factmr.com

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions.We have offices in US and Dublin, whereas our global headquarter is in Dubai.While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise.Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Demand for Epoxy-Based Intumescent Coatings to Surge at a CAGR of 4% by 2031 here

News-ID: 2336956 • Views:

More Releases from Fact.MR

Lithium Bromide Market Outlook 2025-2035: Growth Trajectories, Competitive Landscape, and Strategic Insights
Lithium Bromide Market Outlook 2025-2035: Growth Trajectories, Competitive Lands …
The global lithium bromide market is on a strong growth trajectory, driven by rising demand in absorption refrigeration, HVAC, chemical processing, and pharmaceutical industries. The market is expected to grow from USD 725 million in 2025 to USD 1,250 million by 2035, registering a CAGR of 5.6% during the forecast period. Lithium Bromide Market Analysis, By Product Type, By Form, By Application, By End Use-Industry, and Region - Market Insights 2025
Handheld Laser Distance Meter Market Outlook 2025-2035: Growth, Trends & Competitive Analysis
Handheld Laser Distance Meter Market Outlook 2025-2035: Growth, Trends & Competi …
The handheld laser distance meter market is set for substantial growth over the next decade. The global market is projected to increase from USD 4.9 billion in 2025 to USD 8.4 billion by 2035, registering a CAGR of 5.5% during the forecast period. Growth is driven by increasing demand for precise distance measurement in construction, surveying, manufacturing, and logistics, as well as rising adoption of smart, portable devices that improve
Green Data Center Market Set to Reach $281.04 Billion by 2034 Lead by Dell Technologies; Vertiv; HPE; Schneider Electric; Eaton; Hewlett Packard Enterprise; Green Revolution Cooling; Midas Green Technologies
Green Data Center Market Set to Reach $281.04 Billion by 2034 Lead by Dell Techn …
As the digital economy accelerates, the green data center market is emerging as a cornerstone of sustainable technology, balancing voracious data demands with environmental stewardship. A pioneering report from Fact.MR projects the global market, valued at US$ 66.52 billion in 2024, to balloon to US$ 281.04 billion by 2034, achieving a compound annual growth rate (CAGR) of 15.5%. This surge reflects a paradigm shift toward energy-efficient, low-carbon facilities that harness
Cloud Gaming Market Set to Explode to $6.62 Billion by 2034 | Amazon, Inc.; Apple Inc.; Electronic Arts, Inc.; Google LLC; Intel Corporation; NVIDIA Corporation
Cloud Gaming Market Set to Explode to $6.62 Billion by 2034 | Amazon, Inc.; Appl …
In a world where gaming transcends hardware limitations, the cloud gaming market is surging forward, offering seamless access to high-fidelity experiences on any device. A new report from Fact.MR reveals the global market, valued at US$ 863.5 million in 2024, is on track to reach US$ 6.62 billion by 2034, fueled by a blistering compound annual growth rate (CAGR) of 22.6%. This explosive trajectory reflects the industry's pivot from bulky

All 5 Releases


More Releases for Key

Caprylyl Glycine Market Size, Share and Forecast By Key Players-Key Player I, Ke …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Caprylyl Glycine market is anticipated to grow at a compound annual growth rate (CAGR) of 16.41% between 2024 and 2031. The market is expected to grow to USD 11.09 Billion by 2024. The valuation is expected to reach USD 32.12 Billion by 2031. The Caprylyl Glycine market is experiencing significant growth, driven by its increasing demand in the
Polyurethane Prepolymer (PPU) Market Size, Share and Forecast By Key Players-Key …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Polyurethane Prepolymer (PPU) market is anticipated to grow at a compound annual growth rate (CAGR) of 11.68% between 2024 and 2031. The market is expected to grow to USD 8.1 Billion by 2024. The valuation is expected to reach USD 17.54 Billion by 2031. The Polyurethane Prepolymer (PPU) Market is set for significant growth, driven by increasing demand
Olivine Sand Market Size, Share and Forecast By Key Players-Key Player I, Key Pl …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Olivine Sand market is anticipated to grow at a compound annual growth rate (CAGR) of 16.07% between 2024 and 2031. The market is expected to grow to USD 39 Billion by 2024. The valuation is expected to reach USD 110.69 Billion by 2031. The olivine sand market is poised for significant growth due to its increasing use in
Phlorotannins Market Analysis By Top Keyplayers - Key Player I, Key Player II, K …
The "Phlorotannins Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031.  The market was valued at USD xx.x billion In 2023. Growing Demand and Growth Potential in the Global Phlorotannins Market, 2024-2031 Verified Market Research's most recent report, "Phlorotannins Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination of the industry
Direct Drive Frameless Motor Market Size, Insights 2031 by Key Vendors- Key Play …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: According to Verified Market Reports analysis, the global Direct Drive Frameless Motor Market size is reached a valuation of USD xx.x Billion in 2023, with projections to achieve USD xx.x Billion by 2031, demonstrating a 𝐂𝐀𝐆𝐑 𝐗𝐗.𝐗% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟏. The Direct Drive Frameless Motor Market presents significant opportunities for growth driven by advancements in technology and the increasing demand for high-performance, precision-driven applications across various industries.
Hydroxylamine Hcl Market Size, Share Projections 2031 by Key Manufacturer- Key P …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: According to Verified Market Reports analysis, the global Hydroxylamine Hcl Market size is reached a valuation of USD xx.x Billion in 2023, with projections to achieve USD xx.x Billion by 2031, demonstrating a 𝐂𝐀𝐆𝐑 𝐗𝐗.𝐗% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟏. The Hydroxylamine HCl Market offers substantial opportunities for growth driven by its diverse applications across various industries. Hydroxylamine hydrochloride is widely used as a reducing agent in chemical synthesis,