Spain Intumescent Coatings Market Size & Outlook
Spain intumescent coatings market, 2018-2030 (US$M)
Related Markets
Spain intumescent coatings market highlights
- The Spain intumescent coatings market generated a revenue of USD 8.5 million in 2022 and is expected to reach USD 11.0 million by 2030.
- The Spain market is expected to grow at a CAGR of 3.3% 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 8.5 million |
| Market revenue in 2030 | USD 11.0 million |
| Growth rate | 3.3% (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, Spain accounted for 0.7% 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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Spain 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 44.71% in 2022. Horizon Databook has segmented the Spain intumescent coatings market based on water-based, solvent-based, epoxy-based covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing demand for intumescent coatings from various industries such as construction, automotive, and oil & gas in Spain is expected to have a positive impact on market growth.
The oil & gas industry in Spain is expected to undergo major changes owing to major project developments, changing oil & gas industry dynamics, and shifting consumption patterns, which is anticipated to positively impact the demand for intumescent coatings over the forecast period.
Furthermore, initiatives taken by manufacturers to improve the durability and strength of fire protection coatings are expected to drive the intumescent coatings market over the forecast period. The growing transportation sector in the country coupled with the government’s focus on road and rail infrastructures is anticipated to positively impact the intumescent coatings market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain intumescent coatings market , including forecasts for subscribers. This country databook contains high-level insights into Spain intumescent coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain intumescent coatings market size, by type, 2018-2030 (US$M)
Spain Intumescent Coatings Market Outlook Share, 2022 & 2030 (US$M)
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