Germany Intumescent Coatings Market Size & Outlook
Germany intumescent coatings market, 2018-2030 (US$M)
Related Markets
Germany intumescent coatings market highlights
- The Germany intumescent coatings market generated a revenue of USD 47.6 million in 2022 and is expected to reach USD 69.0 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.7% from 2023 to 2030.
- In terms of segment, water-based was the largest revenue generating type in 2022.
- Water-based is the most lucrative type segment registering the fastest growth during the forecast period.
Intumescent coatings market data book summary
| Market revenue in 2022 | USD 47.6 million |
| Market revenue in 2030 | USD 69.0 million |
| Growth rate | 4.7% (CAGR from 2022 to 2030) |
| Largest segment | Water-based |
| Fastest growing segment | Water-based |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Water-based, Solvent-based, Epoxy-based |
| Key market players worldwide | Akzo Nobel NV, Contango Holdings PLC, NKT A/S, Sherwin-Williams Co, RPM International Inc, PPG Industries Inc, 3M Co, Sika AG, TOR Minerals International Inc |
Other key industry trends
- In terms of revenue, Germany accounted for 4.2% of the global intumescent coatings market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Russia intumescent coatings market is projected to lead the regional market in terms of revenue in 2030.
- Netherlands is the fastest growing regional market in Europe and is projected to reach USD 25.5 million by 2030.
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Intumescent Coatings Market Scope
Intumescent Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany intumescent coatings market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to intumescent coatings market will help companies and investors design strategic landscapes.
Water-based was the largest segment with a revenue share of 42.65% in 2022. Horizon Databook has segmented the Germany intumescent coatings market based on water-based, solvent-based, epoxy-based covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is the manufacturing hub of Europe and is the largest manufacturer of automobiles in the region. The growth of the industrial and automotive sectors is expected to fuel the demand for intumescent coatings in the region.
Moreover, the growing construction industry is anticipated to create huge demand for intumescent coatings in the country over the forecast period. Increasing investments in housing units, industrial buildings, and infrastructure such as roads, bridges, ports, and railways are propelling the growth of the construction industry in the country.
In addition, increasing demand for green and safer buildings owing to the presence of strong government regulations and rising environmental concerns is prominently fueling the growth of the intumescent industry. This is expected to create lucrative growth opportunities for Germany's intumescent coatings market over the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany intumescent coatings market , including forecasts for subscribers. This country databook contains high-level insights into Germany intumescent coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany intumescent coatings market size, by type, 2018-2030 (US$M)
Germany Intumescent Coatings Market Outlook Share, 2022 & 2030 (US$M)
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