The cellulosic fire protection intumescent coatings market size is projected to grow from USD 559 million in 2020 to USD 671 million by 2026, at a CAGR of 3.7% between 2021 and 2028.
The main types of cellulosic fire protection intumescent coatings are solvent-borne and water-borne. A solvent-borne coating is a liquid barrier film made up of organic compounds that are applied to the surface of a substance to resist corrosion.
The growing residential and non-residential building constructions across the globe, increasing awareness and emphasis on safety measures as well as increasing preference for lightweight materials, which require additional protection are some of the factors that have supported long-term expansion for Cellulosic Fire Protection Intumescent Coatings Market.
The COVID-19 pandemic has severely impacted EU-5 countries, the US, Russia, Poland, BENELUX, and Nordic countries. As a preventive measure, construction and industrial activities have been suspended. Several construction projects in Europe and North America have been suspended, which has resulted in a decline in demand for the cellulosic fire protection intumescent coatings. Due to the COVID-19 pandemic, the supply chain has been disrupted which significantly impacted the paints and coatings industry, which lead to a rise in the price of raw materials and other products.
North America is projected to lead the global 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.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Growth Rate |
CAGR of 3.7% during the forecasting period, 2021-2026 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD million and CAGR from 2021 to 2026 |
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Report Segmentation |
type, end use, material type, substrate type and region. |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
AkzoNobel, The Sherwin-Williams Company, PPG Industries, Jotun, Hempel and RPM International Inc. |
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Available Customization |
In addition to the market data for Cellulosic Fire Protection Intumescent Coatings Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Cellulosic Fire Protection Intumescent Coatings Market is segmented into type, end use, material type, substrate type and region.
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