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Cellulosic Fire Protection Intumescent Coatings Market worth $584 million by 2025 - Exclusive Report by MarketsandMarkets


Cellulosic Fire Protection Intumescent Coatings Market worth $584 million by 2025 - Exclusive Report by MarketsandMarkets
Cellulosic Fire Protection Intumescent Coatings Market
by Type (Solvent-borne, Water-borne), End-Use (Residential, Commercial), and Region (North America, Europe, APAC, South America, MEA) - Global Forecast to 2025 , published by MarketsandMarkets, the global Cellulosic Fire Protection Intumescent Coatings Market size is projected to grow from USD 494 million in 2020 to USD 584 million by 2025, at a CAGR of 3.4% between 2020 and 2025. The growth is attributed to the growing residential and non-residential building constructions in the developed countries that are projected to drive the market.
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Cellulosic Fire Protection Intumescent Coatings Market worth $584 million by 2025 - Exclusive Report by MarketsandMarkets™


Increasing usage of the steel in the building construction will led the market growth
In commercial and residential constructions, steel is also used as a building material in framing. The use of steel in construction activities is increasing because of its high tensile and compressive strength, low cost, and recyclable nature. With the rising demand for steel in building and construction activities, the use of intumescent coatings is also expected to increase.
In developed countries, stringent government regulations pertaining to safety from fire are a major factor driving the cellulosic fire protection intumescent coatings market. The international building standards and codes, coupled with the growing preference for the construction of green buildings in developed countries, have supported the growth of the market. In countries, such as the US, EU-5 and Nordic Countries, the demand for eco-friendly, low-VOC, and sustainable products are gaining traction, resulting in in ....

United States , Aashish Mehra , Elastomers Market Research Reports Consulting , Sherwin Williams Company , Research Insight , Technology Water , Oil Gas , North America , South America , Data Tables , Fire Protection Intumescent Coatings , Detailed Table , Content Here , Nordic Countries , Sample Pages , Cellulosic Fire Protection Intumescent Coatings , Free Customization , Adjacent Markets , Coatings Adhesives Sealants , Elastomers Market Research Reports , Coatings Market By Type , Thick Film , Structural Steel , Cast Iron , Application Technique , End Use Industry ,