Market Overview:
The global fire protection coating market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the increasing demand for fire-resistant coatings in various end-use industries, such as building & construction, oil & gas, automotive, aerospace, marine and electrical & electronics. In addition, the growing awareness about the benefits of using fire-resistant coatings is also propelling the growth of this market. Based on type, the liquid fire-resistant coatings segment is projected to lead the global fire protection coating market during the forecast period. This segment is mainly driven by its properties such as high thermal stability and resistance to corrosion and abrasion.
Product Definition:
A fire protection coating is a material that is applied to surfaces in order to protect them from fire. The coatings can be used on buildings, furniture, and other objects. They work by either preventing the spread of flames or by cooling the object so that it does not ignite.
Liquid Fire-resistant Coatings:
Liquid fire-resistant coatings are used in various applications such as structural steel, aluminum alloys, fiberglass composites and plastics. These coatings when applied over the surface of materials tend to resist heat transfer from a flame. The liquid coating is spread evenly on the material by using spray gun or roller during manufacturing process known as hot forming.
Powder Fire-resistant Coatings:
Powder fire-resistant coatings are a special type of epoxy powder used in the manufacturing process of various products, which find application in fire protection coating. These products offer high thermal stability and low flammability to the substrate on which they are applied. The growing demand for these coatings from end-use industries such as construction, automotive and marine is expected to drive market growth over the forecast period.
Application Insights:
Building & construction was the dominant application segment and accounted for over 45% of the global market in terms of revenue in 2017. The growth can be attributed to rising demand from residential, commercial, and industrial buildings including offices, hospitals, schools and colleges. Rapidly expanding building & construction industry across developing countries such as India, China Indonesia is expected to drive product demand over the forecast period.
The oil & gas sector is one of the major users of fire protection coatings globally owing to its vital nature that involves high risk involved in its operations which requires utmost safety measures during emergencies or accidents that may occur at any time without prior notice.
Regional Analysis:
Asia Pacific dominated the global fire protection coating market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, presence of key automobile manufacturers, and expansion of oil & gas industry in China and India. In addition, rising infrastructural development activities are projected to drive product demand further.
The Asia Pacific was followed by Europe which accounted for a share of more than 23% in 2016 owing to high acceptance level for advanced fire protection products coupled with growing construction sector mainly driven by residential sector expansion in major countries such as Russia, Germany, Italy, France among others will have a positive impact on regional growth over the next eight years.
Growth Factors:
- Increasing demand for fire protection coatings from end-use industries, such as construction, automotive and aerospace, due to the growing awareness about the benefits of using these coatings.
- Rising demand for low VOC (Volatile Organic Compound) and environment-friendly fire protection coatings owing to stringent government regulations on emissions.
- Growing use of nanotechnology in fire protection coatings to enhance their performance characteristics.
- Increasing investments by coating manufacturers in R&D activities to develop innovative products that can meet the specific requirements of various end-use industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fire Protection Coating Market Research Report
By Type
Liquid Fire-resistant Coatings, Powder Fire-resistant Coatings, Others
By Application
Building & Construction, Oil & Gas, Automotive, Aerospace, Marine, Electrical & Electronics, Furniture, Textiles, Others
By Companies
Akzo Nobel, BASF, Nippon Paint, Sherwin-Williams, Hempel, Jotun, Contego International, No-Burn, Nullifire, Pyrotech
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Fire Protection Coating Market Report Segments:
The global Fire Protection Coating market is segmented on the basis of:
Types
Liquid Fire-resistant Coatings, Powder Fire-resistant Coatings, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building & Construction, Oil & Gas, Automotive, Aerospace, Marine, Electrical & Electronics, Furniture, Textiles, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Akzo Nobel
- BASF
- Nippon Paint
- Sherwin-Williams
- Hempel
- Jotun
- Contego International
- No-Burn
- Nullifire
- Pyrotech
Highlights of The Fire Protection Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid Fire-resistant Coatings
- Powder Fire-resistant Coatings
- Others
- By Application:
- Building & Construction
- Oil & Gas
- Automotive
- Aerospace
- Marine
- Electrical & Electronics
- Furniture
- Textiles
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fire Protection Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fire protection coating is a type of paint or varnish that is designed to protect surfaces from fire.
Some of the major players in the fire protection coating market are Akzo Nobel, BASF, Nippon Paint, Sherwin-Williams, Hempel, Jotun, Contego International, No-Burn, Nullifire, Pyrotech.
The fire protection coating market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fire Protection Coating Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fire Protection Coating Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fire Protection Coating Market - Supply Chain
4.5. Global Fire Protection Coating Market Forecast
4.5.1. Fire Protection Coating Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fire Protection Coating Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fire Protection Coating Market Absolute $ Opportunity
5. Global Fire Protection Coating Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fire Protection Coating Market Size and Volume Forecast by Type
5.3.1. Liquid Fire-resistant Coatings
5.3.2. Powder Fire-resistant Coatings
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fire Protection Coating Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fire Protection Coating Market Size and Volume Forecast by Application
6.3.1. Building & Construction
6.3.2. Oil & Gas
6.3.3. Automotive
6.3.4. Aerospace
6.3.5. Marine
6.3.6. Electrical & Electronics
6.3.7. Furniture
6.3.8. Textiles
6.3.9. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fire Protection Coating Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fire Protection Coating Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fire Protection Coating Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fire Protection Coating Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fire Protection Coating Demand Share Forecast, 2019-2029
9. North America Fire Protection Coating Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fire Protection Coating Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fire Protection Coating Market Size and Volume Forecast by Application
9.4.1. Building & Construction
9.4.2. Oil & Gas
9.4.3. Automotive
9.4.4. Aerospace
9.4.5. Marine
9.4.6. Electrical & Electronics
9.4.7. Furniture
9.4.8. Textiles
9.4.9. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fire Protection Coating Market Size and Volume Forecast by Type
9.7.1. Liquid Fire-resistant Coatings
9.7.2. Powder Fire-resistant Coatings
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fire Protection Coating Demand Share Forecast, 2019-2029
10. Latin America Fire Protection Coating Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fire Protection Coating Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fire Protection Coating Market Size and Volume Forecast by Application
10.4.1. Building & Construction
10.4.2. Oil & Gas
10.4.3. Automotive
10.4.4. Aerospace
10.4.5. Marine
10.4.6. Electrical & Electronics
10.4.7. Furniture
10.4.8. Textiles
10.4.9. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fire Protection Coating Market Size and Volume Forecast by Type
10.7.1. Liquid Fire-resistant Coatings
10.7.2. Powder Fire-resistant Coatings
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fire Protection Coating Demand Share Forecast, 2019-2029
11. Europe Fire Protection Coating Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fire Protection Coating Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fire Protection Coating Market Size and Volume Forecast by Application
11.4.1. Building & Construction
11.4.2. Oil & Gas
11.4.3. Automotive
11.4.4. Aerospace
11.4.5. Marine
11.4.6. Electrical & Electronics
11.4.7. Furniture
11.4.8. Textiles
11.4.9. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fire Protection Coating Market Size and Volume Forecast by Type
11.7.1. Liquid Fire-resistant Coatings
11.7.2. Powder Fire-resistant Coatings
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fire Protection Coating Demand Share, 2019-2029
12. Asia Pacific Fire Protection Coating Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fire Protection Coating Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fire Protection Coating Market Size and Volume Forecast by Application
12.4.1. Building & Construction
12.4.2. Oil & Gas
12.4.3. Automotive
12.4.4. Aerospace
12.4.5. Marine
12.4.6. Electrical & Electronics
12.4.7. Furniture
12.4.8. Textiles
12.4.9. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fire Protection Coating Market Size and Volume Forecast by Type
12.7.1. Liquid Fire-resistant Coatings
12.7.2. Powder Fire-resistant Coatings
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fire Protection Coating Demand Share, 2019-2029
13. Middle East & Africa Fire Protection Coating Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fire Protection Coating Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fire Protection Coating Market Size and Volume Forecast by Application
13.4.1. Building & Construction
13.4.2. Oil & Gas
13.4.3. Automotive
13.4.4. Aerospace
13.4.5. Marine
13.4.6. Electrical & Electronics
13.4.7. Furniture
13.4.8. Textiles
13.4.9. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fire Protection Coating Market Size and Volume Forecast by Type
13.7.1. Liquid Fire-resistant Coatings
13.7.2. Powder Fire-resistant Coatings
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fire Protection Coating Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Fire Protection Coating Market: Market Share Analysis
14.2. Fire Protection Coating Distributors and Customers
14.3. Fire Protection Coating Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Akzo Nobel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nippon Paint
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sherwin-Williams
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hempel
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jotun
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Contego International
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. No-Burn
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nullifire
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pyrotech
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
