Japan Intumescent Coatings Market Size & Outlook
Japan intumescent coatings market, 2018-2030 (US$M)
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Japan intumescent coatings market highlights
- The Japan intumescent coatings market generated a revenue of USD 45.7 million in 2022 and is expected to reach USD 74.6 million by 2030.
- The Japan market is expected to grow at a CAGR of 6.3% 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 45.7 million |
| Market revenue in 2030 | USD 74.6 million |
| Growth rate | 6.3% (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, Japan accounted for 4.0% 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 Asia Pacific, China intumescent coatings market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 68.7 million by 2030.
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Intumescent Coatings Market Scope
Intumescent Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 47.7% in 2022. Horizon Databook has segmented the Japan intumescent coatings market based on water-based, solvent-based, epoxy-based covering the revenue growth of each sub-segment from 2018 to 2030.
Japan's intumescent coatings market is expected to witness growth owing to the presence of leading automobile manufacturers including Toyota, Mazda, Suzuki, and Nissan. Factors such as good manufacturing practices and the utilization of technology in the automobile industry of Japan are anticipated to promote automobile production in the country.
In addition, increasing R&D activities in Japan to promote innovation in the construction industry is anticipated to promote the role of intumescent coatings in residential and commercial buildings. Thus, all the aforementioned factors together are expected to fuel the demand for intumescent coatings in the building & construction sector of the country over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan intumescent coatings market , including forecasts for subscribers. This country databook contains high-level insights into Japan intumescent coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan intumescent coatings market size, by type, 2018-2030 (US$M)
Japan Intumescent Coatings Market Outlook Share, 2022 & 2030 (US$M)
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