Market Overview:
The global fireproofing coatings for wood market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand from construction and furniture industries. Based on type, the water-based segment is expected to account for a major share of the global fireproofing coatings for wood market during the forecast period. This can be attributed to its properties such as low VOC emissions and environmental friendliness. However, solvent-based coatings are projected to register highest CAGR over the forecast period owing to their superior properties such as high durability and resistance against harsh weather conditions. On basis of application, interior applications are anticipated witness higher demand than exterior applications during 2018-2030. This can be ascribed factors such as growing awareness about safety among consumers coupled with stringent government regulations mandating use of fire retardant paints in public places across various countries worldwide.
Product Definition:
A fireproofing coating is a material that is applied to surfaces in order to protect them from heat and flames. Fireproofing coatings for wood are used in order to prevent the wood from burning and charring in the event of a fire. The coatings can also help to slow the spread of fire, which can give people more time to escape.
Water-based:
Water-based coatings are widely used in the fireproofing industry owing to their environment-friendly nature. These products have low VOC content and they do not contain any solvents, unlike other conventional coatings which makes them safe for use in fireproofing applications. Water-based products are ideal for application on wood as it helps enhance the overall appearance of the product along with providing protection from fire hazards.
Solvent-based:
Solvent-based fireproofing coatings for wood are used in applications where high temperatures are expected to be encountered. These products have gained wide acceptance in the building and construction industry on account of their ability to protect structural elements from extreme heat. The growing demand for these products across various end-use industries is likely to propel market growth over the next seven years.
The product is manufactured using epoxy resins, polyester resin,.
Application Insights:
Exterior applications dominated the global fireproofing coatings for wood market, accounting for more than 70.0% share of the overall revenue in 2017. The exterior application segment is expected to witness significant growth over the forecast period owing to rising demand from construction and infrastructure activities, including high rise buildings and bridges.
The interior applications segment is also expected to witness significant growth over the forecast period owing to increasing demand from residential as well as non-residential construction activities, such as hotels and restaurants. Growth in these industries would lead to an increase in consumption of furniture with wooden surfaces which further drives product demand globally. Increasing investments by governments across various regions coupled with initiatives taken by them towards promoting tourism are likely to boost product penetration inside structures such as hotels and restaurants significantly over the coming years, thereby driving market growth globally during this study period (2018-2030).
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region is attributed to increasing construction activities due to growing population, rapid urbanization, and rising disposable income. Moreover, government initiatives for infrastructure development are anticipated to drive product demand in this region.
Europe fireproofing coatings market volume share by application (wooden structures & furniture; non- wooden building components).
The wood industry has witnessed a significant recovery from the economic recession of 2009-'10 as European countries have been making efforts for reviving their economies through infrastructural investments such as new roads networks or hospitals. This factor is projected to fuel product demand over the forecast period. However North America's fireproofing coatings market accounted for a significant revenue share owing to high consumer awareness regarding fire safety coupled with stringent regulations laid down by regulatory bodies such as Underwriters Laboratories Inc.
Growth Factors:
- Increasing demand for fireproofing coatings from the construction industry as a result of growing awareness about the benefits of using these coatings in buildings and other structures.
- Rising demand for fireproofing coatings from end-use industries such as furniture, automotive, and electrical & electronics due to increasing concerns about safety and prevention of fires.
- Growing use of advanced technologies and innovative products in the manufacture of fireproofing coatings that offer better performance characteristics than traditional products.
- Rapid growth in the global population and rapid urbanization, which is leading to an increase in construction activities across the world, thereby driving demand for fireproofing coatings.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fireproofing Coatings for Wood Market Research Report
By Type
Water-based, Solvent-based, Powder-based
By Application
Interior Applications, Exterior Applications
By Companies
AkzoNobel, BASF, Nippon Paint, PPG Industries, Sherwin-Williams, Teknos Group, Rudolf Hensel, Fire Retardant Coatings of Texas, ICA Group, Nordtreat AS, Envirograf, Flame Stop
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Fireproofing Coatings for Wood Market Report Segments:
The global Fireproofing Coatings for Wood market is segmented on the basis of:
Types
Water-based, Solvent-based, Powder-based
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
Interior Applications, Exterior Applications
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:
- AkzoNobel
- BASF
- Nippon Paint
- PPG Industries
- Sherwin-Williams
- Teknos Group
- Rudolf Hensel
- Fire Retardant Coatings of Texas
- ICA Group
- Nordtreat AS
- Envirograf
- Flame Stop
Highlights of The Fireproofing Coatings for Wood 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:
- Water-based
- Solvent-based
- Powder-based
- By Application:
- Interior Applications
- Exterior Applications
- 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 Fireproofing Coatings for Wood 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Fireproofing coatings are a type of coating that is used to protect wood from fire. The coating can help prevent the wood from burning and also make it more resistant to fire.
Some of the major players in the fireproofing coatings for wood market are AkzoNobel, BASF, Nippon Paint, PPG Industries, Sherwin-Williams, Teknos Group, Rudolf Hensel, Fire Retardant Coatings of Texas, ICA Group, Nordtreat AS, Envirograf, Flame Stop.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fireproofing Coatings for Wood 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. Fireproofing Coatings for Wood Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fireproofing Coatings for Wood Market - Supply Chain
4.5. Global Fireproofing Coatings for Wood Market Forecast
4.5.1. Fireproofing Coatings for Wood Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fireproofing Coatings for Wood Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fireproofing Coatings for Wood Market Absolute $ Opportunity
5. Global Fireproofing Coatings for Wood 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. Fireproofing Coatings for Wood Market Size and Volume Forecast by Type
5.3.1. Water-based
5.3.2. Solvent-based
5.3.3. Powder-based
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fireproofing Coatings for Wood 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. Fireproofing Coatings for Wood Market Size and Volume Forecast by Application
6.3.1. Interior Applications
6.3.2. Exterior Applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fireproofing Coatings for Wood 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. Fireproofing Coatings for Wood 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 Fireproofing Coatings for Wood 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. Fireproofing Coatings for Wood 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 Fireproofing Coatings for Wood Demand Share Forecast, 2019-2026
9. North America Fireproofing Coatings for Wood 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 Fireproofing Coatings for Wood 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 Fireproofing Coatings for Wood Market Size and Volume Forecast by Application
9.4.1. Interior Applications
9.4.2. Exterior Applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fireproofing Coatings for Wood Market Size and Volume Forecast by Type
9.7.1. Water-based
9.7.2. Solvent-based
9.7.3. Powder-based
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 Fireproofing Coatings for Wood Demand Share Forecast, 2019-2026
10. Latin America Fireproofing Coatings for Wood 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 Fireproofing Coatings for Wood 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 Fireproofing Coatings for Wood Market Size and Volume Forecast by Application
10.4.1. Interior Applications
10.4.2. Exterior Applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fireproofing Coatings for Wood Market Size and Volume Forecast by Type
10.7.1. Water-based
10.7.2. Solvent-based
10.7.3. Powder-based
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 Fireproofing Coatings for Wood Demand Share Forecast, 2019-2026
11. Europe Fireproofing Coatings for Wood 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 Fireproofing Coatings for Wood 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 Fireproofing Coatings for Wood Market Size and Volume Forecast by Application
11.4.1. Interior Applications
11.4.2. Exterior Applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fireproofing Coatings for Wood Market Size and Volume Forecast by Type
11.7.1. Water-based
11.7.2. Solvent-based
11.7.3. Powder-based
11.8. BasisPoint 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 Fireproofing Coatings for Wood Demand Share, 2019-2026
12. Asia Pacific Fireproofing Coatings for Wood 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 Fireproofing Coatings for Wood 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 Fireproofing Coatings for Wood Market Size and Volume Forecast by Application
12.4.1. Interior Applications
12.4.2. Exterior Applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fireproofing Coatings for Wood Market Size and Volume Forecast by Type
12.7.1. Water-based
12.7.2. Solvent-based
12.7.3. Powder-based
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 Fireproofing Coatings for Wood Demand Share, 2019-2026
13. Middle East & Africa Fireproofing Coatings for Wood 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 Fireproofing Coatings for Wood 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 Fireproofing Coatings for Wood Market Size and Volume Forecast by Application
13.4.1. Interior Applications
13.4.2. Exterior Applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fireproofing Coatings for Wood Market Size and Volume Forecast by Type
13.7.1. Water-based
13.7.2. Solvent-based
13.7.3. Powder-based
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 Fireproofing Coatings for Wood Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fireproofing Coatings for Wood Market: Market Share Analysis
14.2. Fireproofing Coatings for Wood Distributors and Customers
14.3. Fireproofing Coatings for Wood Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AkzoNobel
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. PPG Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sherwin-Williams
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Teknos Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rudolf Hensel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fire Retardant Coatings of Texas
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ICA Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nordtreat AS
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Envirograf
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Flame Stop
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
