U.S. Intumescent Coatings Market Size & Outlook, 2022-2030
U.S. intumescent coatings market, 2018-2030 (US$M)
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U.S. intumescent coatings market highlights
- The U.S. intumescent coatings market generated a revenue of USD 208.4 million in 2022 and is expected to reach USD 315.3 million by 2030.
- The U.S. 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 208.4 million |
| Market revenue in 2030 | USD 315.3 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, U.S. accounted for 18.2% 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 North America, U.S. intumescent coatings market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 22.6 million by 2030.
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Intumescent Coatings Market Scope
Intumescent Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 79.8% in 2022. Horizon Databook has segmented the U.S. intumescent coatings market based on water-based, solvent-based, epoxy-based covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. government is tightening its environmental regulations to ensure a clean and safe environment for people. These regulations pose a challenge for companies dealing in architectural coatings including intumescent coatings.
For instance, the Clean Air Act of the U.S. government is designed to limit air pollution and compel manufacturers to produce zero or low-VOC coatings. The U.S. is one of the largest oil & gas producers globally on account of the presence of abundant shale oil & gas reserves.
It produces 25% more gas and 20% more oil as compared to Russia. The global per capita energy requirement is gradually increasing over the years, which portrays growth opportunities for the U.S. oil & gas industry.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. intumescent coatings market , including forecasts for subscribers. This country databook contains high-level insights into U.S. intumescent coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. intumescent coatings market size, by type, 2018-2030 (US$M)
U.S. Intumescent Coatings Market Outlook Share, 2022 & 2030 (US$M)
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