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The global intumescent coatings market is forecast to reach USD 1.25 Billion by 2026, according to a new report by Reports and Data. Intumescent coatings are generally referred to as intumescent paint, which are used in buildings as a passive fire resistance measure. They are applied to structural members as an aesthetically pleasing fireproofing product. Intumescent coatings expand when exposed significantly to high temperatures, such as, those products that come in contact with fire.

This report covers the recent COVID-19 incidence and its impact on Intumescent Coatings. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

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Growth in demand for substitutes such as cementitious coating due to its light-weight nature, hassle-free applications, and low cost are hindering the growth of the market. Furthermore, low awareness regarding the benefits of these products in countries such as Thailand, China, and India are hampering the market growth.

Key participants include Akzonobel, The Sherwin-Williams Company, Promat International, Teknos Group, BASF SE, Contego International, Inc., GCP Applied Technologies Inc., Bollom Fire Protection, Arabian Vermiculite Industries, and SKK Pte Ltd., among others.

For the purpose of this report, Reports and Data have segmented the global Intumescent Coatings market according to Product, Component, Application, End-user, and Region:

Technology Type Outlook (Volume: Kilo Tons; Revenue: USD Million; 2016-2026)

• Water-Based
• Solvent-Based
• Epoxy-Based

Substrate Outlook (Volume: Kilo Tons; Revenue: USD Million; 2016-2026)

• Structural Steel & Cast Iron
• Wood
• Others

Application Outlook (Volume: Kilo Tons; Revenue: USD Million; 2016-2026)

• Hydrocarbons
• Cellulosic

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End-Use Industry Outlook (Volume: Kilo Tons; Revenue: USD Million; 2016-2026)

• Building and Construction
• Industrial
• Aerospace
• Oil and Gas
• Automotive
• Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)

·        North America (United States, Canada and Mexico)

·        Europe (Germany, France, UK, Russia and Italy)

·        Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

·        South America (Brazil, Argentina, Colombia)

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4. It allows readers to make favorable investments by tracing the substantial focus areas highlighted by survey takers in 2018.

Major benefits of the Sports Medicine report;

• The report discusses in detail the changing dynamics of the competitive landscape.

• The report examines growth prospects, factors driving the growth of the market, and limitations affecting the market growth.

• The report gives a comprehensive analysis of the changing dynamics of the market owing to the current scenario. 

• The report encompasses a detailed forecast for the years 2020-2027. 

• The report provides valuable insights on key market growth driving trends and monetary competence in the forecast timeline. 

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