Intumescent Coatings Industry Statistics

In this post, we will explore key statistics and insights within the intumescent coatings industry. From market size and revenue figures to growth projections and industry trends, these statistics offer valuable information on the global landscape of intumescent coatings and the factors driving its market dynamics. Let’s dive into the data to gain a deeper understanding of this important sector.

Statistic 1

"The global intumescent coatings market size was valued at USD 903.8 million in 2018."

Statistic 2

"The global intumescent coatings market is projected to reach USD 1.31 billion by 2025."

Statistic 3

"The industry is expected to exhibit a CAGR of 4.6% from 2019 to 2025."

Statistic 4

"Hydrocarbon intumescent coatings was most significant application segment in 2018, accounting for over 49% of the total revenue."

Statistic 5

"The global hydrocarbon intumescent coatings market was valued at USD 440.1 million in 2018."

Statistic 6

"North America was the second-largest intumescent coating market in 2018, holding a share of over 20% of the global market."

Statistic 7

"Europe dominates the intumescent coating market, accounting for a share of approximately 34% in the global market."

Statistic 8

"According to a new report by EMR, the global intumescent coatings market is expected to grow at a CAGR of 5.4% between 2021 and 2026."

Statistic 9

"An increase in fire-related incidents has heightened the demand for fire safety equipment and protection systems globally, which is expected to drive the intumescent coatings market."

Statistic 10

"In 2019, the revenue of the intumescent coatings market in the USA amounted to approximately $197 million."

Statistic 11

"Cellulosic intumescent coating has the largest share in the current market and is expected to remain dominant during the forecast period."

Statistic 12

"Global demand for epoxy intumescent coating is expected to rise moderately at a 5.2% CAGR during 2021 to 2031."

Statistic 13

"The intumescent coatings market in the residential sector accounted for over 10% of the global industry share in 2019."

Statistic 14

"UK intumescent coatings market size generated over $70 million revenue in 2017 and is anticipated to rise at a CAGR of over 8.8% by 2024."

Statistic 15

"In 2018, water-based technology held the highest revenue share in the intumescent coatings market."

Statistic 16

"Chinese intumescent coatings market is projected to surpass $130 million by 2024."

Statistic 17

"The demand for solvent-based intumescent coatings is expected to grow at a fast pace in the coming years, owing to its superior physical properties and chemical resistance."

Statistic 18

"The demand for intumescent coatings in the oil & gas industry was worth USD 439.3 million in 2018."

The intumescent coatings industry is witnessing significant growth, with the global market projected to reach USD 1.31 billion by 2025, exhibiting a CAGR of 4.6% from 2019 to 2025. Hydrocarbon intumescent coatings and cellulosic intumescent coatings are currently dominating the market, with water-based technology holding the highest revenue share in 2018. The increasing demand for fire safety equipment globally, particularly in sectors such as oil & gas, residential, and industrial, is a key driver for this growth. Regions like Europe and North America are key players in this market, with emerging markets like China also showing substantial growth potential. The future outlook for the intumescent coatings industry remains optimistic, with expected growth in various application segments and technological advancements.