Global Intumescent Coatings Market to Exhibit 7.0% CAGR 2016-2024
The vendor landscape of the global intumescent coatings market is moderately concentrated, with the leading three companies accounting for nearly 45% of the overall market in 2015, observes Transparency Market Research in a recent report. Leading vendors in the market are focusing on expanding their geographical outreach and distribution networks to gain a greater share in the market. Focus has also increased on exploring new growth opportunities through mergers and strategic collaborations. Moreover, investments on R&D activities have also increased substantially in the past few years with the view of expanding their product portfolios and introducing innovative products. Some of the leading companies operating in the global intumescent coatings market Akzo Nobel N.V., PPG Industries Inc., Flame Control Coatings LLC, Albi Manufacturing, Sherwin-Williams Co., RPM International Inc., OMNOVA Solutions Inc., and 3M. According to the report, the global intumescent coatings wil...