Surface and fire protection coatings are particularly industrial coatings which include a wide range of substrate solutions for the purpose of protection from fire or corrosion. Materials such as moisture-cure-urethane, epoxy and polyurethane are some of the commonly used polymers utilized in manufacturing these coatings. Surface and fire protection coatings offer several coating solutions such as powder coatings, solvent based coatings, and water based coatings among others. These products are used in various applications such as marine, automotive, steel, construction, and household.
Factors such as climate change and environmental influence have been major drivers for the growth of the market. In addition, growth of the automotive industry has also contributed to the development of the market. However, growing environmental concerns from the use of these industrial coatings is expected to slow down the growth of the market. Disruptive technologies and advancements such as nanotechnology and information technology are creating new methods and applications for more efficient surface and fire protection coatings avoiding loss of life and property. This factor is anticipated to provide new opportunities for the growth of the market.
Asia Pacific currently dominates the global market for surface and fire protection coatings, with emerging economies such as China and India leading the market in this region. It was followed by North America where demand for these coatings has been witnessing a noticeable increase with the rising death tolls of fire accidents in the region. Future market growth is expected to be from Asia Pacific as well owing to several new renovation and construction projects in South Asia, specifically in China thereby boosting the demand for surface and fire protection coatings.
BASF SE, DuPont, Kansai Paints, RPM International, Asian Paints, Diamond –Vogel, Hempel, Carpoly, Masco, Chugoku Marine Paints, and Sherwin Williams are some of the major manufacturers of surface and fire protection coatings dominating the market.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments