This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Global Intumescent Coatings Market To Expand Steadily, Finds Frost & Sullivan

LONDON, March 19, 2013 /PRNewswire/ -- Major exploratory activity in the oil and gas industry is fuelling demand for hydrocarbon coatings, while the civil construction industry in emerging regions is set to support the long-term growth of cellulosic coatings. These trends bode well for the continued expansion of the total intumescent coatings market.

New analysis from Frost & Sullivan (, Strategic Analysis of the Global Intumescent Coatings Market, finds that the market earned approximately $709.8 million in 2012 and estimates this to reach $918.2 million in 2018. The research covers the market for cellulosic (thin film) and hydrocarbon intumescent coatings for passive fire protection across the oil and gas and construction sectors.

Europe, which leads in the cellulosic coatings market, is projected to grow at the lowest rate for both end-use sectors, due to market maturity and the combined effects of a recovering construction sector and a declining oil and gas sector. Nevertheless, renewed interest in Central and Eastern Europe (CEE) countries such as Poland present potential opportunities for coatings manufacturers in the region.

"As the global hub for offshore oil and gas platform building, Asia-Pacific dominates the hydrocarbon market," noted Frost & Sullivan's Chemicals & Materials Consulting Analyst Dr. Michael Mbogoro. "Huge developments in the energy sector similarly offer lucrative opportunities for manufacturers. During the next decade, developing countries in the Middle East and Africa, Asia-Pacific and Russia show the greatest potential, particularly as the benefits of adequate fire protection permeate through to end users, as well as enforcement bodies."

While the hydrocarbon market is global, the cellulosic sector is regional, limiting the penetration rate. Rapid adoption of international standards for testing and certification in the global offshore market for hydrocarbon intumescent coatings facilitate market growth. The cellulosic market, however, is challenged by complex regulatory frameworks in different regions, making it expensive for organised coatings manufacturers to participate in these markets.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.64 0.00%
GOOG $698.21 0.00%
FB $118.57 0.00%
TSLA $241.80 0.00%
YHOO $36.53 0.00%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs