Fire Protection Coatings Market Research, Growth Opportunities, Analysis and Forecasts to 2023

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Fire Protection Coatings Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Fire Protection Coatings Market Research Report-
Forecast to 2023
Fire Protection Coatings Market - Overview
Fire Protection Coatings are composed of
different fillers and flame additives. They are
used to prevent the rapid spread of fire flames
across the surface and control the period of
excessive heat. Additionally, they also suppress
the production of gases produced during the
combustion of materials. Excellent fire
performance, strength, lightweight and low
installed cost are the important trends and
factors influencing the market emphatically. It
is projected that the Fire Protection Coatings
Market is set to grow at a higher CAGR owing to
stringent regulations and the growing demand
observed in end-use industries such as oil gas,
buildings and construction, automotive,
aerospace, electrical electronics, marine, and
others. As per our market analysis, the Global
Fire Protection Coatings Market is segregated
into type and application. The market by type is
further categorized into passive fire protection
and active fire protection coatings. Passive fire
protection coatings involves components of
construction methods such as concrete,
structures, compartment, among others. They are
known for their minimal maintenance work and
environment compatible nature. Due to these
features, the market is projected to witness a
rapid growth in the passive Fire Protection
Coating Segment. On the other hand, active fire
protection coatings are applied by an automatic
system. Sprinklers, alarms and water deluge are
the main components of this system. The active
Fire Protection Coatings Market is predicted to
witness a higher CAGR during the forecast period
due to its benefits to detect fires and
inflammable gases automatically.
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Fire Protection Coatings Market Research Report-
Forecast to 2023
Segmental Analysis
The Global Fire Protection Coatings Market is
segmented into Type and Application. On the
basis of Type, the market is classified into
active and passive Fire Protection Coatings.
Among these, passive Fire Protection Coatings
segment is projected to hold the major share in
the market owing to its excellent fire
performance, light weight and durability
features. Applications segment further
differentiated into oil gas, buildings and
construction, automotive, aerospace, marine,
aviation, and others. Among these, buildings and
construction is estimated to be the leading
segment in this market. Enquire more details of
this Report _at_ https//www.marketresearchfuture.com
/reports/fire-protection-coatings-market-4657


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Fire Protection Coatings Market Research Report-
Forecast to 2023
Regional Outlook
The Global Fire Protection Coatings Market is
segmented into five crucial regions namely Asia
Pacific, North America, Europe, Latin America and
the Middle East Africa. Among these, Asia
Pacific is estimated to hold the major share in
the market due to growing production of coatings
and rising demand from major end industries such
as buildings and construction, automobile,
defense, and others. Countries such as China,
Japan and India have emerged as the leading
players in this region. The growing demand from
the major industries has propelled passive fire
coating market to witness a higher CAGR during
the forecast period, 2017-2023. The European
region has observed a significant growth in the
Fire Protection Coatings Market due to rigid
rules and norms on fire safety set by the
regional government and retrieval in the
construction industry. It is projected that
Germany, the U.K. and Italy are the leading
players in this region due to increasing usage of
fire protection coatings in oil gas and
petrochemical industries. The growth in the North
American market is mainly attributed to the
growing demand of steel in buildings and
construction, oil gas, automotive, marine and
aviation sectors. It is estimated that passive
Fire Protection Coatings segment is projected to
lead the market in this region due to increasing
demand of organic and inorganic coatings in
construction, electrical electronics
industries. Owing to these factors, the U.S.A,
Canada and Mexico are projected to be the major
contributors in the market during the forecast
period. The Middle East Africa is predicted to
witness a slow growth in the market due to low
crude oil prices and shrinking construction
industry. Moreover, it is estimated that the
advancing nanotechnology has propelled the Latin
American region to witness a higher growth in the
paints and coating industries.
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Fire Protection Coatings Market Research Report-
Forecast to 2023
Major Players in this Research

• Fire Protection Coatings Market Prominent
  Players
• 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)

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