Global sales of intumescent coatings are projected to grow at a compound annual growth rate (CAGR) of approximately 3%, reaching over US$ 1 billion by 2031, as reported by Fact.MR. This growth is largely driven by the increasing emphasis on passive fire protection. The oil and gas sector is anticipated to account for more than 40% of the global demand for intumescent coatings, propelled by...
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