Oct 31, 2017   SOURCE: BusinessWire

Passive Fire Protection Coatings Market - Global Forecast to 2022 - By Type, Technology, End-Use Industry & Region - Research and Markets

The "Passive Fire Protection Coatings Market - Global Forecast to 2022" report has been added to Research and Markets' offering.

The passive fire protection coatings market is projected to reach USD 4.02 Billion by 2022, at a CAGR of 6.6% between 2017 and 2022.

The growth of this market is mainly attributed to the increasing use of steel in the building & construction industry and stringent building codes. Owing to the increasing usage of fire protection coatings in the building & construction and oil & gas industries, demand is growing significantly across the Asia-Pacific, Europe, and North America. However, the availability of cheaper alternatives such as, dry methods of passive fire protection through boards, sprays, putty, or other equipment in some emerging markets is restraining the growth of the passive fire protection coatings market. Emerging countries such as India, China, and Brazil are considered price sensitive markets, and thus, these countries prefer using cheaper alternatives to passive fire protection coatings.

The value of the market of intumescent coatings is higher, as these coatings are costlier as compared to cementitious coatings. Also, these coatings are cladded with other materials hence, the market volume is lower. Intumescent coatings are an emerging type of passive fire protection coatings, hence the growth rate is high. These are typically used in building & construction in commercial buildings, restaurants, hospitals, colleges, residential buildings, and skyscrapers. In the oil & gas industry, these are used in offshore oil & gas applications and onshore petrochemical facilities and refineries.

Companies Mentioned

  • 3M
  • Akzo Nobel N.V.
  • Albi Manufacturing
  • Arabian Vermiculite Industries.
  • Basf Se
  • Bollom Fire Protection
  • Carboline
  • Contego International Inc.
  • Demilec Usa, Inc.
  • Gangotri Hi-Tech Coatings
  • Gcp Applied Technologies Inc.
  • Hempel A/S
  • Intumescent Systems Ltd. (Envirograf)
  • Isolatek International
  • Others

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Passive Fire Protection Coatings Market, By Type

7 Passive Fire Protection Coatings Market, By Technology

8 Passive Fire Protection Coatings Market, By End-Use Industry

9 Passive Fire Protection Coatings Market, By Region

10 Competitive Landscape

11 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/2wsw7n/passive_fire