Market Overview:
The global water-based intumescent coating market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fire protection systems in buildings, cars, and other applications. In terms of type, the polymer fiber segment is expected to lead the market during the forecast period. This can be attributed to its properties such as high thermal insulation and flame retardancy. In terms of application, the building segment is expected to lead the market during the forecast period owing to an increase in construction activities across regions.
Product Definition:
A water-based intumescent coating is a type of paint or coating that is applied to surfaces and which, when exposed to fire, will swell up and create a thick, insulating foam. This foam will help protect the surface from the heat and flames of a fire, helping to prevent damage.
Polymer Fiber:
Polymer fibers are synthetic or artificial fibers that are made up of carbon chains and cross-linked polymer networks. They have high tensile strength, low elongation to break, and good chemical resistance. Polymer fiber is used in various end-use industries including thermal protection for pipelines & storage tanks, protective clothing & apparel, filtration products among others.
Natural Fiber:
Natural fibers are obtained from the vegetable sources including wood, cotton, flax and hemp. The demand for natural fiber is increasing in the water-based intumescent coating industry owing to its superior properties such as high tensile strength and abrasion resistance.
The growing awareness regarding environment protection along with stringent regulations on VOC emissions has been driving the demand for natural fiber in various applications including paints & coatings, construction materials, automotive interiors.
Application Insights:
Building was the largest application segment in 2016 and is expected to witness significant growth over the forecast period. Growing construction industry on account of increasing residential and commercial construction activities globally is anticipated to drive demand for GWBIIC. Building intumescent coatings are used in various applications including electrical, plumbing, HVAC (heating, ventilation & air conditioning), fire protection as well as general maintenance.
The automotive sector accounted for 9% share of global revenue in 2016 owing to rising use of intumescent coatings by automobile manufacturers for manufacturing vehicles that comply with safety norms set by regulatory authorities such as U.S., Europe and China. In addition, growing emphasis towards reducing rollover accidents due to lack of proper vehicle structure coupled with increased spending on R&D pertaining auto safety is likely to propel market growth over the forecast period.
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 urbanization, which has led to an increasing demand for construction materials. This trend is projected to have a positive impact on the growth of the building and construction industry, thereby driving product demand.
The growing automotive sector in China, India, Japan and South Korea is also likely to propel product consumption in aerospace applications as well as other non-building applications such as industrial machinery & equipment etc., owing to their rising use in manufacturing processes or for providing additional protection against corrosion during storage/transportation of goods.
Growth Factors:
- Increasing demand for fire-resistant coatings from construction and manufacturing industries to protect people, property, and equipment from the risk of fire.
- Growing awareness about the benefits of water-based intumescent coatings over solvent-based intumescent coatings among end users due to its environmental friendly nature.
- Rising demand for low VOC (Volatile Organic Compound) products in various end user industries to meet regulatory compliance norms.
- Technological advancements in water-based intumescent coating formulations that offer better performance characteristics as compared to traditional solvent-based products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Water-Based Intumescent Coating Market Research Report
By Type
Polymer Fiber, Natural Fiber
By Application
Building, Car, Aerospace, Other
By Companies
The Sherwin-Williams Company, Jotun SteelMaster, Akzo Nobel N.V., Carboline International Corporation, Hempel A/S, Kulptown Fire Company company, PPG Industries, Contego International, Albi Sa company, Crown Paints
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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Water-Based Intumescent Coating Market Report Segments:
The global Water-Based Intumescent Coating market is segmented on the basis of:
Types
Polymer Fiber, Natural Fiber
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, Car, Aerospace, Other
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:
- The Sherwin-Williams Company
- Jotun SteelMaster
- Akzo Nobel N.V.
- Carboline International Corporation
- Hempel A/S
- Kulptown Fire Company company
- PPG Industries
- Contego International
- Albi Sa company
- Crown Paints
Highlights of The Water-Based Intumescent Coating 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:
- Polymer Fiber
- Natural Fiber
- By Application:
- Building
- Car
- Aerospace
- Other
- 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 Water-Based Intumescent Coating 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?
Water-based intumescent coating is a type of paint that uses water to create an invisible barrier on the surface of a material. This barrier helps protect the material from fire, smoke, and other elements that can damage or destroy it.
Some of the major players in the water-based intumescent coating market are The Sherwin-Williams Company, Jotun SteelMaster, Akzo Nobel N.V., Carboline International Corporation, Hempel A/S, Kulptown Fire Company company, PPG Industries, Contego International, Albi Sa company, Crown Paints.
The water-based intumescent coating market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Water-Based Intumescent Coating 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 Water-Based Intumescent Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Water-Based Intumescent Coating 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 Water-Based Intumescent Coating 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 Water-Based Intumescent Coating Market Size & Forecast, 2020-2028
4.5.1 Water-Based Intumescent Coating Market Size and Y-o-Y Growth
4.5.2 Water-Based Intumescent Coating 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 Polymer Fiber
5.2.2 Natural Fiber
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
6.2.2 Car
6.2.3 Aerospace
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Water-Based Intumescent Coating 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 Water-Based Intumescent Coating 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 Polymer Fiber
9.6.2 Natural Fiber
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
9.10.2 Car
9.10.3 Aerospace
9.10.4 Other
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 Polymer Fiber
10.6.2 Natural Fiber
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
10.10.2 Car
10.10.3 Aerospace
10.10.4 Other
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 Polymer Fiber
11.6.2 Natural Fiber
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
11.10.2 Car
11.10.3 Aerospace
11.10.4 Other
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 Polymer Fiber
12.6.2 Natural Fiber
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
12.10.2 Car
12.10.3 Aerospace
12.10.4 Other
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 Polymer Fiber
13.6.2 Natural Fiber
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
13.10.2 Car
13.10.3 Aerospace
13.10.4 Other
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 Water-Based Intumescent Coating Market: Competitive Dashboard
14.2 Global Water-Based Intumescent Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 The Sherwin-Williams Company
14.3.2 Jotun SteelMaster
14.3.3 Akzo Nobel N.V.
14.3.4 Carboline International Corporation
14.3.5 Hempel A/S
14.3.6 Kulptown Fire Company company
14.3.7 PPG Industries
14.3.8 Contego International
14.3.9 Albi Sa company
14.3.10 Crown Paints
