The Growing Demand for Intumescent Coatings: A Market on Fire
The intumescent coatings market is experiencing robust growth as industries worldwide prioritize fire safety and regulatory compliance. These specialized protective coatings have become indispensable across construction, oil and gas, and industrial sectors, driving a market that experts predict will continue expanding through the decade. Explore the full report - https://futuremarketanalytics.com/report/intumescent-coatings-market/ Market Growth and Valuation The global intumescent coatings market size was valued at USD 1.19 billion in 2023 and is expected to grow at a CAGR of 5.3% from 2024 to 2030. This steady growth trajectory reflects the increasing emphasis on passive fire protection systems and stringent safety regulations across multiple industries. Understanding Intumescent Coatings Intumescent coatings function as passive fire protection systems that expand when exposed to high temperatures, forming an insulating char layer that protects underlying materials. ...