Global Fire-resistant Spray Material market cagr 9.6%

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Fire-resistant Spray Material Market

Fire-resistant Spray Material Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Fire-resistant Spray Material Market Size and Growth

The Fire-resistant Spray Material market is witnessing significant growth due to increasing safety regulations and demand across construction and industrial sectors. As of 2023, the market size is estimated at approximately $2.5 billion, with a projected CAGR of 7% over the next five years, driven by technological advancements and enhancement in material properties.

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Companies Covered

(Covid 19 Impact Covered)

◍ Sherwin-Williams

◍ AkzoNobel

◍ PPG

◍ JOTUN

◍ Nippon Paint

◍ Etex Group

◍ Hunan Xiangjiang Paint Group

◍ Kansai Paint

◍ Shandong Judong New Material

◍ Beijing BBMG

◍ RPM International

◍ Shikoku Kaken Kogyo Co., Ltd.

◍ Hempel

◍ Isolatek

◍ GCP Applied Technologies Inc.

◍ Huntsman Corporation

◍ MBCC Group

The fire-resistant spray material market is competitive, with key players like Sherwin-Williams, AkzoNobel, and PPG driving growth through innovative products and strategic partnerships. These companies enhance market presence by expanding product portfolios, ensuring compliance with safety regulations, and increasing consumer awareness.

Sales revenue highlights:

- Sherwin-Williams: $22 billion

- PPG: $16.8 billion

- AkzoNobel: $12.4 billion

◍ Yung Chi

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Market Segmentation

By Application

Building Field

Oil and Gas

Others

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By Product

Water Based

Solvent Based

Market Growth

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$ X Billion USD

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