Fire Protection Coatings Market Size, Trends, Growth, Outlook and Forecast 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 (FPCs) are used to
prevent the rapid spread of flames across the
surface, control the period of excessive heat,
and to suppress the production of gases produced
during the combustion of materials. Due to the
stringent government regulations to protect lives
in calamities where fire can take place, the FPC
materials have been witnessing a massive demand
in end-use industries such as oil gas,
buildings construction, electrical
electronics, automotive, aerospace, marine, and
others. Resultantly, the fire protection coatings
market is gaining increasing traction,
worldwide. Acknowledging the huge growth, the
market perceives currently, Market Research
Future (MRFR) in its recently published study
report asserts that the Global Fire Protection
Coatings Market is expected garner exponential
accruals by 2023, registering a staggering CAGR
throughout the forecast period (2017-2023). Additi
onal factors that predominantly drive the Fire
Protection Coatings Market include the spreading
awareness about safety among the end-use
industries. Moreover, factors such as the rising
population, industrialization, and urbanization
are dictating the market demand for these
coatings from the construction industry. The
improving economic conditions, worldwide boost
the growth of the market, increasing the
consumers purchasing power.  Furthermore, the
increasing demand for these FPCs in the sectors
such as the petrochemicals and steel fosters the
growth of the market, globally. On the flipside,
factors such as the lack of awareness about the
benefits offered by FPCs are impeding the growth
of the Fire Protection Coatings Market.
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Fire Protection Coatings Market Research Report-
Forecast to 2023
Segmental Analysis
For an easy grasp, the market is segmented into
three key dynamics By Type Passive and Active
Fire Protection Coatings. By Applications Oil
Gas, Buildings Construction, Automotive,
Electrical Electronics, and Marine Aerospace
among others. By Region North America, Europe,
Asia Pacific, and Rest-of-the-World. View Full
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Fire Protection Coatings Market Research Report-
Forecast to 2023
Regional Outlook
The Asia Pacific region, heading with the
burgeoning construction sectors would retain its
dominance over the Global Fire Protection
Coatings Market throughout the forecast period.
Moreover, the growing demand from the consumer
goods manufacturing sector alongside the
expanding production capacities in the region
foster the growth of the regional market. The
Fire Protection Coatings Market in the North
American region accounts for the second largest
market, globally. Factors such as the huge
advancements in the coating technology led by the
financial support from the government foster the
FPCs market in the region. Attributing to the
augmenting penetration of end-user industries,
especially, in the US and continuing with the
same growth trends, the market will register a
significant CAGR in the next six
years. European Fire Protection Coatings
Market accounts for a promising market, globally.
The extensive demand for fire protection
technologies from various well-established
industries such as automotive and construction
drives the regional market. Also, the rapid
urbanization, increasing consumption in developed
end-user industries, and innovations in coating
technologies are some of the reasons fostering
the growth of the regional market.
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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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