A passive fire protection coating is a protective barrier applied to an industrial component that prevents damage during a fire. PFP coatings are generally intumescent materials, and some are part of an epoxy formulation. Passive fire protection may include dampers, which help minimize the spread of fire and smoke through the duct system of a building - and fire doors, which act to divide the building into fire proof compartments.
MARKET DYNAMICS
The passive fire protection coatings market has witnessed a significant growth owing to factors such as rising demand for chemical industry. Moreover, the technological advancement provide a huge market opportunity for the key players operating in the passive fire protection coatings industry. However, volatile prices is projected to hamper the overall growth of the passive fire protection coatings market.
MARKET SCOPE
The "Global Passive Fire Protection Coatings Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the market with detailed market segmentation type, technology, end user, and geography. The global passive fire protection coatings industry is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading passive fire protection coatings market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global passive fire protection coatings market is segmented on the basis of type, technology and end user. On the basis of type, the global passive fire protection coatings market is divided into intumescent, and cementitious. On the basis of technology, the market is divided into water-based, and solvent-based. On the basis of end user, the global passive fire protection coatings market is divided into building & construction, oil & gas, and transportation.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global passive fire protection coatings market based on various segments. It also provides marketsize and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The passive fire protection coatings market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the passive fire protection coatings market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the passive fire protection coatings market in these regions.
MARKET PLAYERS
The reports cover key developments in the passive fire protection coatings market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market pl ayers from passive fire protection coatings market is anticipated to lucrative growth opportunities in the future with the rising demand for passive fire protection coatings in the global market. Below mentioned is the list of few companies engaged in the passive fire protection coatings market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the passive fire protection coatings market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Akzo Nobel
- Carboline
- Hempel A/S
- Jotun
- KANSAI PAINT
- Nullifire
- PPG Industries
- Promat International
- Teknos Group
- The Sherwin-Williams Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.