Intumescent Coatings Market Size | Industry Report, 2022

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Intumescent coatings market Market 2015 – 2022


Intumescent coatings market size was estimated at 98.1 kilo tons in 2014 with expectation forecast at 145.6 kilo tons by 2022, growing at more than 5%.

Intumescent coatings market size is segmented on the basis of application into hydrocarbon and cellulosic coatings. Cellulosic applications accounted for over 57% of intumescent coatings market share in 2014, with 56.3 kilo tons consumed.

Epoxy resin market serves as a precursor for soft char intumescent coating production, which is primarily used for hydrocarbon applications.

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Global Market Scenario of Intumescent Coatings





Over the last 5 years, significant capacity additions in Asia Pacific, coupled with sluggish global demand have seen epoxy resins being in an over-supply situation.

Asia Pacific accounted for over 62% of the global production in 2014, followed by Europe, while the U.S. accounted for 11% of total consumption.

They provide protection owing to their property of swelling in a controlled manner during high temperatures. Exposure to heat results in a carbonaceous char which acts as insulation.

Growing demand for fire protection in steel, oil & gas, construction sectors is expected to be a key driver for intumescent coatings industry growth.


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Europe Intumescent coatings market size by end-use, 2012 - 2022 (Kilo tons)





Application Analysis Cellulosic intumescent coatings market size was over USD 400 million in 2014 with

revenue growth forecast of 4.5% up to 2022. Increasing use in construction and infrastructure, to protect structural steel is expected to be a favorable factor for growth over the next six years.

Regional Analysis Asia Pacific, dominated by China and India intumescent coatings market size, was the

largest, regional consumer, with revenue of over USD 269 million in 2014. U.S. intumescent coatings market share is expected to reach USD 143.7 million by

2022, with potential opportunity from the aerospace industry.

Competitive Market Share Key manufacturers with global intumescent coatings market share include Sherwin-

Williams, Jotun, Carboline, Akzo Nobel and Hempel. The industry was dominated by Carboline and Jotun prior to Sherwin-Williams acquiring Leighs Paints. However, post acquisition, Sherwin-Williams accounted for the largest market share in terms of revenue, accounting for over 27% of the total demand.

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Intumescent Coatings Market Size | Industry Report, 2022