Russia Intumescent Coatings Market Size & Outlook
Russia intumescent coatings market, 2018-2030 (US$M)
Related Markets
Russia intumescent coatings market highlights
- The Russia intumescent coatings market generated a revenue of USD 65.1 million in 2022 and is expected to reach USD 98.7 million by 2030.
- The Russia market is expected to grow at a CAGR of 5.3% from 2023 to 2030.
- In terms of segment, epoxy-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 65.1 million |
| Market revenue in 2030 | USD 98.7 million |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | Epoxy-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, Russia accounted for 5.7% 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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Russia 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.
Epoxy-based was the largest segment with a revenue share of 48.54% in 2022. Horizon Databook has segmented the Russia intumescent coatings market based on water-based, solvent-based, epoxy-based covering the revenue growth of each sub-segment from 2018 to 2030.
Russia has the largest reserves of natural gas and one of the leading producers of natural gas globally. The majority of the country’s natural gas production is exported to European countries such as Belarus, Germany, the Netherlands, and Poland.
With increasing environmental concerns, the demand for natural gas is expected to increase, which, in turn, is expected to drive the growth of the oil & gas industry in Russia. This growth in the oil & gas industry in the country is expected to drive the demand for intumescent coatings over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Russia intumescent coatings market , including forecasts for subscribers. This country databook contains high-level insights into Russia intumescent coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Russia intumescent coatings market size, by type, 2018-2030 (US$M)
Russia Intumescent Coatings Market Outlook Share, 2022 & 2030 (US$M)
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