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Intumescent Coatings Market SWOT Analysis | Application and Demand | Forecast To 2025

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anjali varma
Intumescent Coatings Market SWOT Analysis | Application and Demand | Forecast To 2025

24 Oct 2018 – The Global Intumescent Coatings Market size is expected to value at USD 1.31 billion by 2025.The intumescent coatings market is subject to witness a substantial growth due to the growing construction activities, rapid urbanization, increasing population and growing infrastructural spending by both developing and developed economies across the globe.

Growing constructional activities such as shopping malls and business parks, particularly in the developing economies across the Asia Pacific region such as India, China, Malaysia, Thailand and Singapore are expected drive the growth of the intumescent coatings market in the upcoming years.

Globally, the intumescent coatings market is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the intumescent coatings technology. Intumescent coating, which is commonly known as intumescent paint, is majorly used in during various construction activities for passive fire resistance.

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anjali varma
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