Analysis of the global Intumescent market conditions and future trends

According to well-known U.S. growth consulting company Frost & Sullivan in July 2013 study published in 2012-2018, intumescent fire retardant coating in global sales revenue increased by $ 710 million to $ 920 million, a compound annual growth rate of 4.4%, mainly due to the expanding demand for oil and gas resources of hydrocarbon fire resistant coatings market incentives, and developing construction sector growth has increased the need for fiber fire-resistant coating. CHINA STONE VENEER
Market Overview
Intumescent are passive fire protection products, including fire-resistant coatings and fibers hydrocarbon class fire retardant paint, heat or open flame in case of such products will be foaming and rapid expansion, resulting in isolation layer to protect the base of the mechanical properties and load capacity, mainly Brushing facilities in oil and gas exploration and chemical processing equipment and civil construction steel material surface. CHINA STONE VENEER
2012, global sales of intumescent paint $ 710 million, from a sales point of view, fire-resistant coating 26,300 tons of hydrocarbons, fiber fireproof coating 60,600,000 liters. CHINA STONE VENEER Asia Pacific is the intumescent fire retardant coating largest market, sales accounted for 33% of the global market, followed by the European market, accounting for 28%, while Europe is the world's largest fiber fireproof coatings market. CHINA STONE VENEER
Four elements driving the global development of intumescent coatings market
Oil and gas market development
Conventional oil and gas resources market has gradually matured, with the growing demand for energy, shale gas, tight gas and coalbed methane and other unconventional oil and gas resources is also increasing, this phenomenon on the market, especially in the Americas Obviously, some companies exit the traditional areas of oil and gas markets and instead focus on the development of unconventional oil and gas resources. CHINA MANUFACTURED STONE VENEER In addition, with oil and gas development technology continues to improve, develop regional are constantly deep waters (depth of nearly 7,000 meters), and the Arctic Circle to expand. The development of oil and gas market, offshore drilling platforms must be accompanied by the increase, thereby increasing the fire-resistant coating for resistance to hydrocarbons needs. CHINA MANUFACTURED STONE VENEER


Civil construction industry recovery
Although the European and North American construction industry remains stagnant due to the global economic downturn, China, Brazil and other emerging developing countries building industry has shown a booming trend. As the world's multi-use concrete as a building material for steel intumescent fire retardant coating on the construction industry in a large market share is still very low, but because of structural steel in recent years, increasing recognition can foresee as the future structural steel growing popularity in the field of civil construction, fiber fireproof coatings demand will continue to increase. CHINA MANUFACTURED STONE VENEER
Increased investment in maintenance and repair
Currently the vast majority of worldwide oil and gas drilling platforms and devices have been very old, an urgent need to update the device to extend its life and meet the requirements of the current device. In addition, after the events in the Gulf of Mexico oil leak, oil and gas exploration company gradually increased its mining equipment requirements in order to avoid such tragedies from happening again, the U.S. government also continue to encourage them to upgrade or improve the fire performance of the device. This will undoubtedly have increased the demand for intumescent material to be used for maintenance and improvement of the land and sea oil and gas production equipment. CHINA MANUFACTURED STONE VENEER
Technological progress and innovation
Extreme environments such as deep sea and Arctic oil and gas development requires fire retardant paint manufacturers constant technical innovation to meet their technical requirements. The current fire prevention materials also failed in the Arctic subzero temperatures well be effective, therefore, high resistance to hydrocarbons fire retardant coating technology research and development is imperative. On the other hand, consumer fiber fireproof coating functional diversification expectations also contributed to the fire retardant paint manufacturers to increase the company's research and development expenditures in order to meet the needs of consumers. CHINA MANUFACTURED STONE VENEER
Three factors limit global Intumescent booming market
The global economic crisis on the construction industry, the impact
As the economic crisis, the construction industry in developed countries is still showing weakness, which limits the expansion greater degree fire-resistant coatings development because these products in developed countries is much higher than the market share of other emerging countries. For example, in the UK intumescent material applied in the construction field has a long history, but English is also the world Intumescent a very important market, so the British construction industry will shrink intumescent coatings market development zone to a significant impact.

by CHINA MANUFACTURED STONE VENEER