CHICAGO, Oct. 20, 2021 /PRNewswire/ -- According to the report "Cellulosic Fire Protection Intumescent Coatings Market by Type (Water-borne, Solvent-borne), End-use, Material Type ( Acrylic, Epoxy, Alkyd, VAE), Substrate Type (Structural Steel & Cast Iron, Wood),and Region - Global Forecast to 2026", published by MarketsandMarkets, the Cellulosic Fire Protection Intumescent Coatings Market size is projected to grow from USD 559 million in 2021 to USD 671 million by 2026, at a CAGR of 3.7% between 2021 and 2026. The growth is attributed to the growing residential and non-residential building constructions in the developed countries that are projected to drive the market.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=235529408
Browse in-depth TOC on "Cellulosic Fire Protection Intumescent Coatings Market"
467 - Tables
58 - Figures
310 - Pages
View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/cellulosic-fire-protection-european-building-construction-steelwork-intumescent-coating-market-235529408.html
Increasing usage of the steel in the building construction will led the market growth
In commercial and residential constructions, steel is also used as a building material in framing. The use of steel in construction activities is increasing because of its high tensile and compressive strength, low cost, and recyclable nature. With the rising demand for steel in building and construction activities, the use of intumescent coatings is also expected to increase.
The commercial segment is estimated to maintain ascendancy throughout the forecast period
The commercial building construction across the globe is estimated to account for the largest share of the cellulosic fire protection intumescent coatings market in 2021, followed by the residential segment in terms of value. Increasing construction activities, and growing investment in commercial and residential sector in the emerging economies in APAC and MEA, are expected to drive the market demand during the forecast period.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=235529408
Water-borne coatings segment is estimated to have majority share in market.
Based on type, the water-borne coatings segment is estimated to hold the majority share of the overall cellulosic fire protection intumescent coatings market. The major factor driving this segment is the increasing demand for green products. Water-borne coatings are easier to clean up, reduce the risk of fire, and result in less exposure to VOCs.
North America is projected to account for the largest share of the markets during the forecast period
North America is projected to lead the cellulosic fire protection intumescent coatings market from 2021 to 2026. The US is the largest market for cellulosic fire protection intumescent coatings in North America. In North America, stringent regulations pertaining to fire safety in building and construction to ensure the safety and protection from fire accidents. Owing to this, significant growth in demand for intumescent coatings was registered from the residential, commercial, and institutional sectors.
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=235529408
AkzoNobel (Netherlands), The Sherwin-Williams Company (US), PPG Industries (US), Jotun (Norway), and Hempel (Denmark) are the key players operating in the market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the global cellulosic fire protection intumescent coatings market.
Browse Adjacent Market: Coatings Adhesives Sealants and Elastomers Market Research Reports & Consulting
Related Reports:
Intumescent Coatings Market by Type (Thin-Film, Thick Film), Substrates (Structural Steel & Cast Iron, Wood), Application Technique (Spray, Brush & Roller), End-Use Industry (Building & Construction, Industrial), And Region - Global Forecast To 2023
https://www.marketsandmarkets.com/Market-Reports/intumescent-coating-market-151067477.html
Passive Fire Protection Coatings Market by Type (Intumescent, Cementitious), Technology (Water-Based, Solvent-Based), End-Use Industry (Building & Construction, Oil & Gas, Transportation), And Region - Global Forecast To 2022
https://www.marketsandmarkets.com/Market-Reports/passive-fire-protection-coating-market-165549042.html
About MarketsandMarkets
MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/cellulosic-fire-protection-european-building-construction-steelwork-intumescent-coating-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/cellulosic-fire-protection-european-building-construction-steelwork-intumescent-coating.asp
Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg
