Fire Retardant Coatings Market Analysis by Sales, Demand, Growth, 2032
During the projected period, the fire retardant coatings market is expected to grow at a CAGR of 6%, reaching a market share of US$ 9.17 billion in 2032, up from US$ 4.83 billion in 2021.
There is a substantial demand for fire retardant
coatings due to the clear expanding infrastructure of the industrial and
commercial sectors, as well as associated electric supplies and operations,
such as fireplaces, where the risk of accidents is higher.
Fire retardant coatings work on the basis of the ability to
suppress the production of gases produced at the time of combustion process.
Additionally, fire retardant coatings required relatively low maintenance cost
– this is one of the superior property of fire retardant coatings for gaining
acceptance in several end use industries.
Fire retardant coatings have been formulated in numerous
types depending upon base composition and substrate type. According to
composition, fire retardant coatings are generally boron-based and
phosphorus-based fire retardant coatings.
Further, by product type, fire retardant coatings have two
types including non-intumescent and intumescent fire retardant coatings. The
fire retardant coatings find a wide range of applications in industrial,
residential, and commercial sectors.
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Global Fire Retardant Coatings Market: Industry
Participants
The global fire retardant coatings market has a number of
small as well as international manufacturers at a regional level. Few key
players are identified across the value chain of global fire retardant coatings
market which has been listed below –
- NIPPON
PAINT Co. Ltd.S
- Noble
Paints
- HEMPEL
- Akzo
Nobel
- PPG
Industries
- Carboline
- Kansai
Paints
- Jotun
- Promat
International
- Nullifire
- GCC
Applied Technologies
- Isolatek
International
The global Fire retardant coatings research report presents
a comprehensive assessment of the market and contains thoughtful insights,
facts, historical data, and statistically supported and industry-validated
market data. Global Fire retardant coatings market also contains projections
using a suitable set of assumptions and methodologies. The research report on
global Fire retardant coatings market provides analysis and information
according to market segments such as geographies, application, and industry.
Global Fire Retardant Coatings Market: Regional Outlook
Geographically, the global fire retardant coatings market
can be segmented into seven key regions. Rapid industrialization and
modernization will continue to drive market growth in developed economies. The
regions like the Asia Pacific, Latin America, and MEA anticipated propelling
the demand for fire retardant coatings in near future, due to increasing
industrial infrastructure and concern towards the protecting property and
safeguards across the regions.
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Key Segments Profiled in the Fire Retardant Coatings
Market Survey
By Product Type:
- Non-intumescent
Fire Retardant Coatings
- Intumescent
Fire Coatings
By Material:
- Boron-based
Fire Retardant Coatings
- Phosphorus-based
Fire Retardant Coatings
By End Use Industry:
- Automotive
- Oil
& Gas
- Construction
- Electrical
& Electronics
- Aerospace
- Marine
- Furniture
- Textile
- Others
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
to be continued…!
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