By 2024, the market scale of intumescent coatings

2022-07-24
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By 2024, the market scale of intumescent coatings will exceed $1.2 billion

by 2024, the market scale of intumescent coatings will exceed $1.2 billion

September 3, 2019

according to the latest research report of global market insights, the market scale of intumescent coatings is expected to exceed $1.2 billion by 2024

major measures taken in the development of public thermal conductive plastics are to use thermal conductive fillers (including particles, fibers, laminates, etc.) to uniformly fill high molecular matrix materials. Common infrastructure (such as railways and highways) and the process of urbanization should stimulate the growth of the expansive coating market. These materials can prevent the steel structure infrastructure of the building from overheating due to the expansion and carbonization during the fire outbreak, which makes them an ideal choice for building fire protection. They also have heat resistance, corrosion resistance, UV resistance, chemical resistance and wear resistance, so they are protective and beautiful. More and more strict laws and regulations to improve the fire safety of buildings should accelerate the development of the industry, which will also give the extruder industry endless development momentum

in 2016, the global solvent technology market exceeded 124million US dollars, and consumers' understanding of fire safety and technology development should be further improved. These materials are resistant to environmental conditions, endowed with beauty and excellent fire performance, and are ideal for steel frames, columns and beams. Due to large-scale urbanization, the demand for cost-effective and high-quality infrastructure 4, the requirements of some components and the thermal expansion coefficient of their contact connecting materials 1 is growing, which will stimulate the market growth

the market for intumescent coatings

due to the growing demand for fire-proof commercial and residential structures, the demand of the cellulose intumescent coatings industry in the United States will increase by more than 5% by 2024. These products can be used in various large civil buildings, such as airport terminals, shopping centers, schools and stadiums, because they can provide 30 to 120 minutes of protection. The recovery of the booming pharmaceutical and automotive industries and the construction industry will accelerate market growth

in 2016, the British intumescent coating market from automotive applications exceeded US $3.85 million, and should have a significant growth due to the increase of R & D activities and the existence of important manufacturing bases. These materials are very suitable for hood operation to ensure effective fire protection and reduce the risk of life and property. Increasing emphasis on reducing vehicle weight to reduce fuel consumption and emissions will stimulate product demand. Increasing automobile exports and the adoption of alternative fuel technologies to attract environmentally conscious customers should promote market growth

in the forecast period, India's technology demand based on epoxy resin should exceed 6.5%. What exactly is it?%, This is related to the significant development of infrastructure and the expansion of the construction industry. These products provide a variety of required properties such as high aesthetic appeal, durability, low conductivity and low porosity. The supervision pressure of implementing fire protection equipment in buildings is increasing, and the safety awareness of personnel is constantly improving, which will further increase the market share of intumescent coatings

due to economic growth, export growth and investment growth, global oil and gas end use demand should increase by more than 5% in the foreseeable period. These coatings play an important role in protecting oil and gas drilling platforms from structural collapse caused by accidental fire. They are very suitable for splash areas such as semi submersibles, ship landing areas and jack up legs. A sharp drop in taxes, growth in energy demand and a drop in unemployment will further boost market revenues

Jotun, AkzoNobel, carboline, Sherwin Williams, PPG, albi manufacturing and Hempel are the major manufacturers in this market. Various market participants are committed to developing new products to expand their product portfolio and capacity expansion to meet growing demand. a

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