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Showing posts with the label Fireproofing Material Market Size

What is Fireproofing? Types, Materials, Methods

  Fireproofing Materials Market size is projected to reach USD 1.4 Billion by 2027 from an estimated USD 0.7 Billion in 2020, growing at a CAGR of 10.4% globally. Intumescent coatings are broadly divided into thin film and thick film coatings. Thin-film intumescent coatings are either solvent-based or water-based and consist of three components a primer, a base coat, and a sealer coat. These coatings are majorly used to provide fire resistance in buildings. Thick film intumescent coatings are usually epoxy-based and typically have higher dry film thickness than thin film coatings. These materials are tough and durable and were originally developed for use for hydrocarbon fires wherein the test heating regime is significantly severe than that used for most industrial and commercial applications. These are majorly used for external steel in high-rise buildings and structures exposed to marine environments. This segment is estimated to be the largest and fastest-growing segment in ...