The passive fire protection coatings;projected to reach to USD 4.02 Billion by 2022-M&M

The passive fire protection coatings market is projected to reach from an estimated USD 2.74 Billion in 2016 to USD 4.02 Billion by 2022, at a CAGR of 6.6% from 2017 to 2022. In this study, 2016 has been considered the base year, and 2017–2022 the forecast period to estimate the market size of passive fire protection coatings.

Objectives of the study:

  • To analyze and forecast the passive fire protection coatings market, in terms of both, volume and value
  • To define, describe, and segment the passive fire protection coatings market by type, technology, and end-use industry
  • To forecast the size of each market segment for various regions, such as Asia-Pacific, North America, Europe, Middle East & Africa, and South America
  • To provide detailed information regarding the key factors, such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the market
  • To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contribution to the overall market
  • To identify and analyze opportunities for stakeholders in the passive fire protection coatings market
  • To analyze competitive developments, such as expansions, mergers & acquisitions, contracts, agreements, and new product developments in the passive fire protection coatings market
  • To strategically profile key players and comprehensively analyze their core competencies

Research Methodology:

This study aims to estimate the market size for passive fire protection coatings in 2017 and provide market forecast till 2022. It offers a detailed qualitative and quantitative analysis of the market. Various secondary sources, including the Paints & Coatings Industry (PCI), National Fire Protection Association (NFPA), International Association of Oil & Gas Producers (IOGP), American Coatings Association (ACA), and United States Environmental Protection Agency (EPA) have been used to identify and collect information useful for an extensive and commercial study of the passive fire protection coatings market. Primary sources, such as experts from related industries and suppliers have been interviewed to obtain and verify critical information, as well as to assess growth prospects of the passive fire protection coatings market.

Passive Fire Protection Coatings Market

Market Ecosystem

Key manufacturers of passive fire protection coatings are Akzo Nobel (The Netherlands), PPG Industries (US), The Sherwin-Williams Company (US), Promat International (Belgium), Carboline (US), Hempel A/S (Denmark), KANSAI PAINT (Japan), Nullifire (UK), Jotun (Norway), and Teknos Group (Finland). These manufacturers focus on improving their product portfolios and increasing their regional presence by adopting strategies such as new product developments, mergers & acquisitions, expansions, and partnerships.

Key Target Audience

  • Manufacturers of Passive Fire Protection Coatings
  • Traders, Distributors, and Suppliers of Passive Fire Protection Coatings
  • Regional Manufacturers’ Associations for Passive Fire Protection Coatings
  • Government and Regional Agencies and Research Organizations

Scope of the report:

The passive fire protection coatings market has been classified into the following segments:

Based on Type:

  • Intumescent
  • Cementitious

Based on Technology:

  • Water-based
  • Solvent-based

Based on End-use Industry:

  • Building & Construction
  • Oil & Gas
  • Transportation
  • Others

Based on Region:

  • Asia-Pacific
  • North America
  • Europe
  • Middle East & Africa
  • South America

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

  • Product Analysis

Product matrix that offers a detailed comparison of the product portfolio of each company

  • Regional Analysis

Further breakdown of a region with respect to a particular country

  • Company Information

Detailed analysis and profiles of additional market players (up to five)

Source: marketsandmarkets


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