The enterprises like Jotun have launched green building solutions which utilize cellulosic fire protection coatings and paints with low Volatile Organic Compounds (VOCs) to gain better LEED green building ratings by adequate fire protection as well as making the structures more energy efficient.
The water-borne solutions are expected to have better growth due to their ease of cleaning for residential applications, lesser VOC content, and enhanced fire protection properties. With the rapid urbanization and infrastructure development across the world, especially in the developing nations of APAC and MEA regions, the demand for fire protection systems is increasing sharply. The North American regions are already a world leader in the cellulosic fire protection market due to its infrastructural growth, industrialization, and oil exploration activities. Following North America is Europe, which is complying with strict safety and fire resistance regulations for construction and converting the older ones to green buildings.
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The global Cellulosic Fire Protection market study depicts the current key trends, market analysis, competitors’ strategy, and impending market & technology forecast. Moreover, the study also embodies the revenue size, market extent, and growth prospects of the global Cellulosic Fire Protection market in terms of value and major trends at the regional level.
Segmental Outlook of the Market
The global Cellulosic Fire Protection market is classified on the basis of type, application, end-user, and region. Based on geography, the market is studied across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, Spain, France, Italy, and the rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The segmental study is provided (real-time and forecast) in both quantitative and qualitative facets. This aids the clients in identifying the most productive segment to keep on with investments, along with short-term acknowledgment of the operating enterprises and their key developmental undertakings.
The major players operating in the global Cellulosic Fire Protection market are examined to comprehend their competitive strength and position in the sector along with different data points, which take in the brief company overview, key officials of the company, current financials of the venture, major growth strategies incorporated by the respective enterprise, and new approaches or tactics undertaken by the firm to sustain and perk up their stand in the global Cellulosic Fire Protection market.
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Key Segments Covered
Type
- Water-borne
- Solvent-borne
End Use
- Residential
- Commercial
Region
- North America (U.S., Canada, Mexico)
- Europe (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
- LAMEA (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
Key Market Players: 3M, Albi Protective Coatings, Carboline, Hempel A/S, No-Burn Inc., Isolatek International, Nullifire, PPG Industries, Inc., Rudolf Hensel GmbH, Sika AG, The Sherwin-Williams Company, Tor Coatings.
Covid-19 impact analysis:
The outbreak of COVID-19 affected the global economy severely and the Cellulosic Fire Protection market was also not an exception in this regard. The report includes the COVID-19 impact on the market along with the current stratagems, dynamic slants, lines, and tactics espoused by the major players in the sector. It would further add up value to our clients by offering much-needed insights into the global spectrum of the market. Apart from showcasing the impact instigated on the market share and size throughout the pandemic, especially during the initial phase, it also focuses on the key strategies implemented by the frontrunners during this crisis. Simultaneously, with the rollout of mass vaccination programs across the world, the market is expected to revive soon and the report also offers the post-COVID-19 impact on the global Cellulosic Fire Protection market.
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The Report Encompasses the Below Key Points-
- The segment that garners the major share in terms of revenue
- The industry players and the approaches adopted by them
- New tactics embraced by the players to carry through this pandemic
- Explicit analysis of the value chain
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