These coatings offer defense against jet and pool fires. They shield structural steel from exposure to chemicals and moisture, which can weaken the metal. In the oil and gas sector, intumescent coatings protect steel buildings on the land and at sea against fire at temperatures of 1,100☌ or higher. Additionally, demand from the construction sector is anticipated to drive market expansion during the anticipated period. It is commonly referred to as intumescent paint and is used as a passive fire retardant in buildings.ĭue to strict restrictions and increased exploration operations worldwide, the oil and gas sector's high product demand is expected to drive market expansion. As an aesthetically pleasing fireproofing product, intumescent coatings are frequently applied to structural membranes for the purpose of protecting buildings and undergoing testing. The global intumescent coatings market size was valued at USD 1.12 billion in 2021 and is projected to reach USD 1.94 billion by 2030 at a CAGR of 5.67% from 2022 to 2030.Īs a result of a chemical reaction, an intumescent coating produces a layer of a protective substance that forms an insulating layer on the surface.
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