Market Overview:
The global intumescent paints market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for intumescent paints from various end-use industries, such as building & construction, oil & gas, transportation and others. In terms of type, the water-based segment is expected to dominate the global intumescent paints market during the forecast period. This can be attributed to its properties such as low VOC emissions and environmental friendliness.
Product Definition:
Intumescent paints are used to protect steel structures from fire. The paint is applied in a thick coat and when it is exposed to heat, it swells up and creates a protective barrier between the metal and the flames. Intumescent paints are important for protecting buildings, bridges, and other infrastructure from fire damage.
Water-Based:
Water-based intumescent paints are widely used in the construction industry owing to its several advantages over other solvent-based intumescent paints. Water-based intumescent paints are ecofriendly and do not contain any VOCs, unlike other conventional intumescent paint products that contain toxic solvents. These waterborne products have a lower flammability than their solvent counterparts, which makes them safer to use around workers as well as consumers.
Solvent-Based:
Solvent-based intumescent paints are used in construction and industrial applications. These paints contain solvents which allow the paint to thin out when it is applied on the surface. The thinned paint acts as a solvent and quickly evaporates, thereby leaving no residue behind on the surface after curing.
Application Insights:
Building and construction was the dominant application segment in 2016, accounting for over 50% of the overall revenue share. The growth can be attributed to increasing infrastructural development activities across the globe coupled with rising awareness regarding intumescent paints instructions for effective protection.
The oil and gas sector is expected to emerge as one of the fastest-growing application segments over the forecast period owing to growing demand from petrochemical plants, refineries, chemical plants and other industrial facilities. In addition, these paints offer benefits such as high heat resistance along with low permeability which makes them suitable for use in pipelines carrying flammable or explosive liquids.
Transportation is also estimated to witness significant growth during future years on account of increasing government spending towards improving road infrastructure across various regions including Asia Pacific and Middle East & Africa.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in construction activities owing to increasing population, which requires various infrastructure development. This is likely to drive product demand further.
Europe also held a significant share of global intumescent paints market due to high demand from oil & gas industry for pipeline linings and other applications where fire protection is required. North America emerged as the second-largest consumer, followed by Asia Pacific, on account of growing infrastructure activities coupled with rising number of building & construction projects in countries such as U.S., China, India and Japan among others are anticipated to boost product penetration over the next eight years (2030).
Growth Factors:
- Increasing demand for intumescent paints from the construction industry as a fire retardant coating to protect buildings and other structures from fire damage.
- Growing use of intumescent paints in the marine industry as a flame-retardant coating for ships, boats, and other watercrafts.
- Rising demand for intumescent coatings in the aerospace industry to protect aircraft fuselages and other components from fires or heat damage.
- Increasing use of intumescent coatings in the automotive sector as a flame retardant for engine compartments, fuel tanks, and other parts susceptible to fire damage .
Scope Of The Report
Report Attributes
Report Details
Report Title
Intumescent Paints Market Research Report
By Type
Water-Based, Solvent-Based
By Application
Building & Construction, Oil & Gas, Transportation, Others
By Companies
Etex Group (Promat), PPG Industries, Akzo Nobel, Jotun, Hempel, Sherwin-Williams, Corporação Industrial do Norte (CIN), CPG UK (Nullifire), Carboline, Teknos, Kansai Paint, Aaronite Company, Inprocoat
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Intumescent Paints Market Report Segments:
The global Intumescent Paints market is segmented on the basis of:
Types
Water-Based, Solvent-Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building & Construction, Oil & Gas, Transportation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Etex Group (Promat)
- PPG Industries
- Akzo Nobel
- Jotun
- Hempel
- Sherwin-Williams
- Corporação Industrial do Norte (CIN)
- CPG UK (Nullifire)
- Carboline
- Teknos
- Kansai Paint
- Aaronite Company
- Inprocoat
Highlights of The Intumescent Paints Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Water-Based
- Solvent-Based
- By Application:
- Building & Construction
- Oil & Gas
- Transportation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Intumescent Paints Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Intumescent paints are a type of paint that release gas when they come in contact with fire. This gas creates an intense heat and pressure that can cause the paint to burst into flames.
Some of the key players operating in the intumescent paints market are Etex Group (Promat), PPG Industries, Akzo Nobel, Jotun, Hempel, Sherwin-Williams, Corpora§£o Industrial do Norte (CIN), CPG UK (Nullifire), Carboline, Teknos, Kansai Paint, Aaronite Company, Inprocoat.
The intumescent paints market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Intumescent Paints Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Intumescent Paints Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Intumescent Paints Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Intumescent Paints Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Intumescent Paints Market Size & Forecast, 2020-2028
4.5.1 Intumescent Paints Market Size and Y-o-Y Growth
4.5.2 Intumescent Paints Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Water-Based
5.2.2 Solvent-Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Building & Construction
6.2.2 Oil & Gas
6.2.3 Transportation
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Intumescent Paints Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Intumescent Paints Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Water-Based
9.6.2 Solvent-Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Building & Construction
9.10.2 Oil & Gas
9.10.3 Transportation
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Water-Based
10.6.2 Solvent-Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Building & Construction
10.10.2 Oil & Gas
10.10.3 Transportation
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Water-Based
11.6.2 Solvent-Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Building & Construction
11.10.2 Oil & Gas
11.10.3 Transportation
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Water-Based
12.6.2 Solvent-Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Building & Construction
12.10.2 Oil & Gas
12.10.3 Transportation
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Water-Based
13.6.2 Solvent-Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Building & Construction
13.10.2 Oil & Gas
13.10.3 Transportation
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Intumescent Paints Market: Competitive Dashboard
14.2 Global Intumescent Paints Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Etex Group (Promat)
14.3.2 PPG Industries
14.3.3 Akzo Nobel
14.3.4 Jotun
14.3.5 Hempel
14.3.6 Sherwin-Williams
14.3.7 Corporação Industrial do Norte (CIN)
14.3.8 CPG UK (Nullifire)
14.3.9 Carboline
14.3.10 Teknos
14.3.11 Kansai Paint
14.3.12 Aaronite Company
14.3.13 Inprocoat
