Market Overview:
Fire Protection Coatings are applied to the industrial components to act as a protective barrier which prevents them from damage during a fire. These coatings are of two types namely passive protection coatings and active protection coatings. They are known for their strength, reliability and excellent fire performance characteristics. Owing to these features, they are used in various application such as buildings and construction, oil & gas, automotive, aviation, marine and others.
The Global Fire Protection Coatings Market has been driven by the rising usage of passive protection coatings due to their low cost and non-combustibility features. A significant growth has been predicted in the market owing to rising demand in the end-use industries.
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Major Key Players:
The Major Players operating in the Fire Protection Coatings Market are:
• PPG industries (U.S.A.),
• Akzo Nobel N.V. (the Netherlands),
• The Sherwin-Williams Company (U.S.A.)
• RPM International Inc. (U.S.A.),
• Nippon Paint Holdings Co.(Japan),
• Axalta Coating Systems,
• LLC(U.S.A.),
• The Valspar Corporation( U.S.A.),
• BASE Coatings (Germany),
• KANSAI PAINT CO.LTD (Japan)
Market Segmentation:
The Global Fire Protection Coatings Market is categorized on the basis of Type, Application:
On The Basis Of Type-
• Passive Fire Protection Coatings
• Active Fire Protection Coatings
On The Basis Of Application -
• Building & Construction,
• Automotive & Transportation,
• Electrical & Electronics,
• Adhesives & Sealants,
• Marine
Regional Analysis:
Geographically, Fire Protection Coatings Market is segmented across Five Regions in the world namely:
• Asia Pacific,
• North America,
• Europe,
• Latin America,
• Middle East & Africa.
Asia Pacific is predicted to lead the market globally due to rising demand from the heavy end industries such as, oil & gas, paints and coating, marine and others. Europe is also predicted to witness a massive growth in the Fire Protection Coatings market due to their growing use in furniture and construction industries. The North American and Latin American has recognized a significant development in the market owing to growing demand of steel in various industries. Moreover, the Middle East & Africa has witnessed a stunted growth in the market due to economic slowdown.
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About Company-
About Market Research Future:
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