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The global Hydrogen Fuel Cell market was valued at USD 10.49 Billion in 2018 and is projected to grow at a CAGR of 21.4% from 2019 to reach USD 49.52 Billion by the year 2026.
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Intumescent Coatings Market To Reach USD 1.25 Billion By 2026
Market Summary Market Size – USD 901.6 Million in 2018, Market Growth - CAGR of 4.1%, Market Trends –Growing demand from the automotive sector. The global intumescent coatings market is forecast to reach USD 1.25 Billion by 2026, according to a new report by Reports and Data. Intumescent coatings are generally referred to as intumescent paint, which are used in buildings as a passive fire resistance measure. Intumescent coatings are also used on wood. It is forecasted to hold a market share of 33.8% in the year 2026. For the protection of wood, the concern is less about heat and more about its flammable nature. Wood can be coated with an intumescent coat if only a painted structure is acceptable or else the coating is not an acceptable choice. Cellulosic product application is forecasted to grow with a CAGR of 4.0% during the forecast period. The increasing adoption of decorative furniture and interior designing in the buildings will propel the market demand. These coatings help prevent the spread of fire in the premises by providing time for residents to escape. Automotive sector held a market share of 11.3% in the year 2018. Growth in consumer income and rise in youth population are boosting the market demand. These products provide extreme heat and high protection from chemical corrosion which makes it apt for automotive construction. Rising demand for electric vehicles is expected to lower emissions and fuel market growth. Further key findings from the report suggest: www.reportsanddata.com
Key Players: • Toshiba Corporation, Panasonic Corporation, Materials Handling Inc., Fuel cell Energy Inc., Intelligent Energy Limited, SFC Energy AG, Ballard Energy Corporation, Plug Power Inc., Bloom Energy Corporation, HydrogenicCorporation among others. • Segmentation: • Product Type (Revenue, USD Million; Volume in Megawatt, 2020–2027) • Liquid-Cooled Type • Air-Cooled Type • Technology Type (Revenue, USD Million; Volume in Megawatt, 2020–2027) • Polymer Exchange Membrane Fuel Cells (PEMFC) • Phosphoric Acid Fuel Cells (PAFC) • Solid Oxide Fuel Cells (SOFC) • Direct Methanol Fuel Cells (DMFC) • Molten Carbonate Fuel Cells (MCFC) www.reportsanddata.com
Regional Vehicle Access Control Market (Regional Output, Demand & Forecast by Countries):- • North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More. www.reportsanddata.com
Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market www.reportsanddata.com
About Us: Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com www.reportsanddata.com