Page 1

Fire Protection Coatings Market Forecast 2018 to 2023

Fire Protection Coatings Market Forecast 2018 to 2023

Page |1

Copyright Š 2017 Market Research Future.


Fire Protection Coatings Market Forecast 2018 to 2023

1 Summary Fire Protection Coatings Market is dominated by Asia Pacific region and driven by applications in various end-use industries like oil and gas, buildings and construction, automotive, aerospace, electrical and electronics, defense and marine, and others

1.1 Top Global Players: Some of the prominent players functioning in the Global Fire Protection Coatings Market are, PPG industries (U.S.A.), Akzo Nobel N.V. (the Netherlands), The SherwinWilliams Company (U.S.A.). RPM International Inc. (U.S.A.), Nippon Paint Holdings Co. (Japan), Axalta Coating Systems, LLC (U.S.A.), The Valspar Corporation ( U.S.A.), BASE Coatings (Germany), KANSAI PAINT CO. LTD. (Japan), among others.

Page |2

Copyright Š 2017 Market Research Future.


Fire Protection Coatings Market Forecast 2018 to 2023

2 Market Synopsis Fire Protection Coatings are composed of different fillers and flame additives. They are used to prevent the rapid spread of fire flames across the surface and control the period of excessive heat. Additionally, they also suppress the production of gases produced during the combustion of materials. Excellent fire performance, strength, lightweight and low installed cost are the important trends and factors influencing the market emphatically. It is projected that the Fire Protection Coatings Market is set to grow at a higher CAGR owing to stringent regulations and the growing demand observed in end-use industries such as oil & gas, buildings and construction, automotive, aerospace, electrical & electronics, marine, and others.

2.1 Intended Audience:      

Fire Protection Coatings Market Manufacturers Traders and Distributors of Fire Protection Coatings Market Production Process Industries Potential Investors Raw Material Suppliers Nationalized Laboratory

Page |3

Copyright © 2017 Market Research Future.


Fire Protection Coatings Market Forecast 2018 to 2023

2.2 Study Objectives of Fire Protection Coatings Market:  To provide detailed analysis of the market structure along with forecast for till 2023 of the various segments and sub-segments of the Fire Protection Coatings Market.  To understand the supply and demand dynamics including supply and consumption concentration mapping.  To provide region level market analysis and future outlook for Asia Pacific, Europe, Latin America, North America, and Middle East & Africa.  To provide competitor positioning of the market.  To provide company profiling of major players in the market along with their production and capacity.  To provide regional trade analysis.  To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market.

Page |4

Copyright © 2017 Market Research Future.


Fire Protection Coatings Market Forecast 2018 to 2023

3 Regional Insight: The Global Fire Protection Coatings Market is segmented into five crucial regions namely Asia Pacific, North America, Europe, Latin America and the Middle East & Africa. Among these, Asia Pacific is estimated to hold the major share in the market due to growing production of coatings and rising demand from major end industries such as buildings and construction, automobile, defense, and others. Countries such as China, Japan and India have emerged as the leading players in this region. The growing demand from the major industries has propelled passive fire coating market to witness a higher CAGR during the forecast period, 2017-2023. The European region has observed a significant growth in the Fire Protection Coatings Market due to rigid rules and norms on fire safety set by the regional government and retrieval in the construction industry. It is projected that Germany, the U.K. and Italy are the leading players in this region due to increasing usage of fire protection coatings in oil & gas and petrochemical industries. The growth in the North American market is mainly attributed to the growing demand of steel in buildings and construction, oil & gas, automotive, marine and aviation sectors. It is estimated that passive Fire Protection Coatings segment is projected to lead the market in this region due to increasing demand of organic and inorganic coatings in construction, electrical & electronics industries. Owing to these factors, the U.S.A, Canada and Mexico are projected to be the major contributors in the market during the forecast period. The Middle East & Africa is predicted to witness a slow growth in the market due to low crude oil prices and shrinking construction industry. Moreover, it is estimated that the advancing nanotechnology has propelled the Latin American region to witness a higher growth in the paints and coating industries.

Page |5

Copyright Š 2017 Market Research Future.


Fire Protection Coatings Market Forecast 2018 to 2023

Page |6

Copyright Š 2017 Market Research Future.

Fire protection coatings market forcast 2018 to 2023  

Fire Protection Coatings Market is dominated by Asia Pacific region and driven by applications in various end-use industries like oil and ga...

Fire protection coatings market forcast 2018 to 2023  

Fire Protection Coatings Market is dominated by Asia Pacific region and driven by applications in various end-use industries like oil and ga...

Advertisement