Global Cellulosic Fire Protection Intumescent Coatings Market Size, Share, and COVID-19 Impact, By Type (Water Borne, Solvent Borne); By End-Use (Commercial, Residential, Others), by Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 - 2032

Industry: Chemicals & Materials

RELEASE DATE Jun 2023
REPORT ID SI2230
PAGES 200
REPORT FORMAT PathSoft

Global Cellulosic Fire Protection Intumescent Coatings Market Insights Forecasts to 2032

  • The Cellulosic Fire Protection Intumescent Coatings Market Size was valued at USD 560.1 Million in 2022.
  • The Market Size is Growing at a CAGR of 4.1% from 2022 to 2032
  • The Worldwide Cellulosic Fire Protection Intumescent Coatings Market Size is expected to reach USD 675.7 Million by 2032
  • North America is expected To Grow the fastest during the forecast period.

 

Global Cellulosic Fire Protection Intumescent Coatings Market

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The Global Cellulosic Fire Protection Intumescent Coatings Market Size is expected to reach USD 675.7 Million by 2032, at a CAGR of 4.1% during the forecast period 2022 to 2032.

 

Cellulosic fire protection Intumescent coatings are specialised coatings used to improve the fire resistance of cellulosic materials like wood or paper. These coatings are intended to offer a protective barrier that expands when exposed to high temperatures, resulting in the formation of char, a thick, insulating layer. This char works as a heat barrier, slowing heat transport and postponing ignition or burning of the underlying substance. Cellulosic fire protection Intumescent coatings are intended to be long-lasting and durable. They are resistant to environmental elements such as dampness and UV light, ensuring their efficiency throughout time. Intumescent coatings generate a char layer that functions as an insulator, decreasing heat transfer to the underlying material. This can aid in the prevention of structural collapse and the reduction of fire damage.

 

Impact of COVID 19 On Global Cellulosic Fire Protection Intumescent Coatings Market

The COVID-19 pandemic has had a wide-ranging influence on sectors around the world, including the production and supply chains of construction-related markets such as cellulose fire prevention intumescent coatings. COVID-19 has created worldwide supply chain delays owing to lockdowns, travel restrictions, and reduced industrial capacity. This disruption may have resulted in delays in the production and transportation of raw materials and finished goods used in the manufacture of cellulosic fire protection intumescent coatings. Construction activity and project timelines have been affected by the pandemic. Lockdown restrictions, social distancing requirements, and economic uncertainty have all resulted in construction project delays or cancellations. This drop in construction activity may have had an effect on demand for cellulosic fire protection intumescent coatings. In addition, COVID-19 has resulted in the establishment of new occupational health and safety standards and guidelines. These modifications may have had an impact on the application and installation of intumescent coatings, necessitating additional safety precautions and changes to work practises.

 

Global Cellulosic Fire Protection Intumescent Coatings Market Report Coverage

Report CoverageDetails
Base Year:2022
Market Size in 2022:USD 560.1 Million
Forecast Period:2022-2032
Forecast Period CAGR 2022-2032 :4.1%
2032 Value Projection:USD 675.7 Million
Historical Data for:2018-2021
No. of Pages:200
Tables, Charts & Figures:110
Segments covered:By Type, By End-Use, by Region.
Companies covered::Akzo Nobel N.V Jotun Contego International Inc Hempel A/S No-Burn Inc Nullifire The Sherwin-Williams Company Carboline Albi Protective Coatings Isolatek International Rudolf Hensel GmbH PPG Industries, Inc 3M Sika AG and Tor Coatings
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Key Market Drivers

The market for cellulosic fire protection intumescent coatings is predicted to grow as fire safety awareness grows. The construction industry, in particular, is a significant market for these coatings, as they are employed in a variety of applications such as residential and commercial buildings, schools, hospitals, and other structures with cellulose substrates. Several industry collaborations have taken place to produce standardised testing procedures and certifications for cellulosic fire protection coatings. These collaborations have taken place between coating manufacturers, research institutes, and regulatory agencies. These collaborations help to increase trust in the performance and dependability of these coatings, which drives their adoption. Moreover, significant efforts have been made to improve the effectiveness and longevity of cellulosic fire protection intumescent coatings. This includes optimising the recipe, experimenting with novel materials, and improving their fire resistance. Technological advancements are projected to promote the expansion of this market sector.

 

Key Market Challenges

Cellulosic fire protection intumescent coatings can be more expensive than traditional fire prevention technologies. The price covers not just the coating material but also surface preparation, application labour, and any necessary maintenance or reapplication over time. Cost factors may impact the decision to use these coatings, especially in tight budget projects. Intumescent coatings for cellulosic fire protection can be more expensive than conventional fire prevention solutions. The price includes not only the coating material, but also surface preparation, application labour, and any future maintenance or reapplication. Cost considerations, particularly in low-budget projects, may influence the decision to utilise these coatings. To address these issues, continual research and development, collaboration among industry stakeholders, and continuous improvement in the formulation, application processes, and performance of cellulosic fire prevention intumescent coatings are required.

 

Market Segmentation

Type Insights

Water-borne cellulosic fire protection intumescent coatings segment is dominating the market over the forecast period

On the basis of type, the global cellulosic fire protection intumescent coatings market is segmented into water-borne cellulosic fire protection intumescent coatings and solvent-borne cellulosic fire protection intumescent coatings. Among these, Water-borne cellulosic fire protection intumescent coatings is dominating the market by holding the largest market share over the forecast period. Water-borne cellulosic fire protection intumescent coatings have grown in popularity in recent years. These coatings are made with water as the principal solvent, making them more environmentally friendly and easier to work with than solvent-based rivals. Increasing environmental restrictions, as well as a greater emphasis on sustainability, have fueled demand for eco-friendly coating solutions. Water-borne coatings emit fewer volatile organic compounds (VOCs) and are less hazardous than solvent-based coatings. They adhere to stringent environmental regulations, making them a popular choice among many customers.

 

End Use Insights

Commercial segment accounted the largest market share over the forecast period

Based on the end use, the global cellulosic fire protection intumescent coatings market is segmented into commercial, residential, and others. Among these, commercial segment accounted the largest market share over the forecast period. The Cellulosic Fire Protection Intumescent coatings are often used in office buildings to improve the fire resistance of structural elements such as timber beams, columns, and walls. These coatings give an extra layer of protection, assisting in the prevention of fire spread and improving the overall fire safety of the building. Not only this but also cellulosic materials, such as wooden furniture, panelling, and decorative components, are frequently used in the hotel industry's interior design. The use of fire protection intumescent coatings to these materials aids in compliance with fire safety rules and provides an additional layer of protection for guests and personnel.

 

Regional Insights

North America region is dominating the market with the largest market share over the forecast period

 

Global Cellulosic Fire Protection Intumescent Coatings Market

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Based on the region, North America is dominating the market with the largest market share over the forecast period. Fire safety rules and construction codes in North America are well-established, requiring effective fire protection measures such as the usage of fire-resistant coatings. The implementation of these laws has increased the demand for cellulosic fire protection intumescent coatings in a variety of construction projects.

 

Asia Pacific, on the other hand is witnessing the fastest market growth over the forecast period. Coating technology advancements and product innovation have contributed significantly to the growth of the cellulosic fire protection intumescent coatings market. Manufacturers are creating coatings with better fire resistance, durability, and simplicity of application in order to meet the specific needs of the Asia Pacific market.

 

Recent Market Developments

  • In May 2020, Hempel has started the construction of its new manufacturing unit in Yantai Chemical Industrial Park in China.

 

List of Key Companies

  • Akzo Nobel N.V
  • Jotun
  • Contego International Inc
  • Hempel A/S
  • No-Burn Inc
  • Nullifire
  • The Sherwin-Williams Company
  • Carboline
  • Albi Protective Coatings
  • Isolatek International
  • Rudolf Hensel GmbH
  • PPG Industries, Inc
  • 3M
  • Sika AG and Tor Coatings


Market Segment

This study forecasts revenue at global, regional, and country levels from 2019 to 2032. Spherical Insights has segmented the global Cellulosic Fire Protection Intumescent Coatings Market based on the below-mentioned segments:

 

Cellulosic Fire Protection Intumescent Coatings Market, Type Analysis

  • Water-borne cellulosic fire protection intumescent coatings
  • Solvent-borne cellulosic fire protection intumescent coatings

 

Cellulosic Fire Protection Intumescent Coatings Market, End Users Analysis

  • Commercial
  • Residential
  • Others

 

Cellulosic Fire Protection Intumescent Coatings Market, Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. What is the market size of Cellulosic Fire Protection Intumescent Coatings Market?
    The global Cellulosic Fire Protection Intumescent Coatings Market is expected to grow from USD 560.1 Million in 2022 to USD 675.7 Million by 2032, at a CAGR of 4.1% during the forecast period 2022-2032.
  • 2. Who are the key market players of Cellulosic Fire Protection Intumescent Coatings Market?
    Some of the key market players of Akzo Nobel N.V, Jotun, Contego International Inc, Hempel A/S, No-Burn Inc, Nullifire, The Sherwin-Williams Company, Carboline, Albi Protective Coatings, Isolatek International, Rudolf Hensel GmbH, PPG Industries, Inc, 3M, Sika AG and Tor Coatings.
  • 3. Which segment hold the largest market share?
    Commercial segment holds the largest market share is going to continue its dominance.
  • 4. Which region is dominating the Cellulosic Fire Protection Intumescent Coatings Market?
    North America is dominating the Cellulosic Fire Protection Intumescent Coatings Market with the highest market share.

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