DUBLIN--(BUSINESS WIRE)--Sep 12, 2018--The "Global Intumescent Coatings Market - Segmented by Resin Type, Technology, Application, End-user Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global intumescent coatings market is expected grow at a significant rate during the forecast period, majorly driven by the growth in oil & gas exploration activities, coupled with an increase in the automotive production in Asia-pacific and Europe.

Increase in the Automotive Production in Asia-Pacific and Europe - Boosting the Asia-Pacific Market

China, India, Philippines, and Vietnam are expected to be potential markets for demand and supply of automobiles, with many automotive manufacturers setting up their manufacturing and assembly plants in these countries. This can be attributed to the availability of labor at low costs, raw material prices, and rising urban population in the region. Major car manufacturers, such as Chevrolet, Daimler, Jeep, Audi, Volvo, and Kia have either set up their automotive manufacturing facilities or are planning to start new facilities in Asia-Pacific in the near future. This factor supports the usage of intumescent coatings in the automotive industry to a major extent.

Key Highlights

Oil & Gas to Grow RapidlyChina - the Largest Consumer of Intumescent Coatings

Notable Market Development

The Sherwin-Williams Company completed the acquisition of The Valspar Corporation. Under the terms of the merger agreement, Valspar shareholders would receive USD 113 per share in cash.

Key Topics Covered

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

AkzoNobel NVAlbi Protective CoatingBASF SEBenjamin Moore & Co.CarbolineContego International Inc.HempelIsolatek InternationalJotunNo-Burn Inc.PPG IndustriesRPM International Inc.The Sherwin-Williams CompanyTremco Illbruck3M

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Related Topics:Paints and Coatings ,Fire Protection Materials and Devices

KEYWORD:

INDUSTRY KEYWORD: ENERGY OIL/GAS MANUFACTURING CHEMICALS/PLASTICS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/12/2018 07:36 AM/DISC: 09/12/2018 07:36 AM

http://www.businesswire.com/news/home/20180912005532/en