Market Research Reports

The global intumescent coatings market has remained moderately concentrated as nearly 45% of its overall share was held by three enterprises in 2015. These companies were Sherwin-Williams Co., PPG Industries Inc., and Nobel N.V., finds Transparency Market Research (TMR) in a new study. These companies, besides other prominent market players are continuously making efforts to expand their regional footprint by establishing new manufacturing units. While expanding operations across emerging nations has become a mainstay strategy, they are also exploring opportunities via strategic collaborations and joint ventures. However, such persisting efforts to gain edge over rivals has made the prevailing competition in the global intumescent coatings market even fiercer. Browse Market Research Report @  http://www.transparencymarketresearch.com/intumescent-coatings-market.html The strategies adopted by the players have a profound impact on the overall intumescent coatings m...

According to a new report by Transparency Market Research (TMR), the  global market for intumescent coatings  demonstrates a moderately concentrated competitive landscape. Akzo Nobel N.V., PPG Industries Inc., and Sherwin-Williams Co. are the top three players in this market and collectively, they acquired nearly 45% of the overall market in 2015.  These leading market players are continuously making efforts to maximize their share through the establishment of new manufacturing facilities. Intumescent coatings manufacturers are expected to involve actively in joint ventures and strategic business partnerships in the near future, which is likely to increase the competition in this market, states the research report.   As per the study, the opportunity in this market, which was US$372.9 mn in 2015, is expected to rise at a healthy 7.0% CAGR over the period from 2016 to 2024 and reach US$675.5% mn by the end of the forecast period. Currently, the demand f...