Intumescent Coatings Market To Emerge From 2018-2025 : Grand View Research Inc.
San Francisco, 26 February 2019: The Report Intumescent Coatings Market Analysis By Technology (Water-Based, Solvent-Based, Epoxy Based), By Application (Hydrocarbons, Cellulosic), By End-Use (Construction, Oil & Gas, Automotive), By Region, And Segment Forecasts, 2018 – 2025 The global intumescent coatings market is expected to reach USD 1.31 billion by 2025, according to a new report by Grand View Research, Inc. Increasing awareness regarding the use of fire retardants, primarily in commercial and industrial establishments is expected to emerge as the primary growth driver over the next nine years. The industry is expected to grow on account of the use of passive fire protection for steel structures used in offshore and onshore extraction, purification and refining in the oil & gas industry. In addition, rising shale gas exploration coupled with oil & gas industry growth in Asia Pacific is expected to propel demand over the forecast period. The industry is characte...