Global Cellulosic Fire Protection Intumescent Coating Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

20 Jul, 2021

The cellulosic fire protection intumescent coatings market consists of sales of cellulosic fire protection intumescent coatings by entities (organizations, sole traders, and partnerships) that are engaged in the production of cellulosic fire protection intumescent coatings to cater to various end-use industries. An intumescent is a substance that expands on exposure to heat and is used in fire protection for industries such as automotive, oil & gas, and construction. With an increase temperature, during a fire event, the intumescent coating swells up to form a char layer, which acts as an insulator that keeps high temperatures away from structural members.

Global Cellulosic Fire Protection Intumescent Coating Market Size And Drivers:

The global cellulosic fire protection intumescent coating market is expected to grow from $466.71 million in 2020 to $507.69 million in 2021 at a compound annual growth rate (CAGR) of 8.78. The growth in the cellulosic fire protection intumescent coating market is mainly due to the stringent regulations and fire resistance standards for newly constructed buildings. The market is expected to reach $584.84 million in 2025 at a CAGR of 3.60%. The growing building & construction industry supported by increasing urbanization is expected to propel the growth of the cellulosic fire protection intumescent coatings market.

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Trends In The Global Cellulosic Fire Protection Intumescent Coating Market

The introduction of new and advanced products is shaping the cellulosic fire protection intumescent coatings market. Industry players are investing in developing coatings that require lesser number of application of coats and provide enhanced safety.

Global Cellulosic Fire Protection Intumescent Coating Market Segments:
The global cellulosic fire protection intumescent coating market is further segmented based on type, application, end use industry and geography.
By Type: Solvent-borne, Water-borne
By Application: Residential, Commercial
By End Use Industry: Construction, Automotive, Oil And Gas, Others
By Geography: The global cellulosic fire protection intumescent coating market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the cellulosic fire protection intumescent coating market in 2020.

Read More On The Report For The Global Cellulosic Fire Protection Intumescent Coating Market At:

https://www.thebusinessresearchcompany.com/report/cellulosic-fire-protection-intumescent-coating-global-market-report

Cellulosic Fire Protection Intumescent Coating Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides cellulosic fire protection intumescent coating market overviews, analyzes and forecasts market size and growth for the global cellulosic fire protection intumescent coating market, cellulosic fire protection intumescent coating market share, cellulosic fire protection intumescent coating market players, cellulosic fire protection intumescent coating market segments and geographies, cellulosic fire protection intumescent coating market’s leading competitors’ revenues, profiles and market shares. The cellulosic fire protection intumescent coating market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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