Market Overview:
The global fire-rated building material market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fire-rated building materials in commercial and industrial construction applications. In addition, the growing awareness about safety and security among consumers is also propelling the demand for fire-rated building materials. Based on type, sealants & fillers accounted for the largest share of the global fire-rated building material market in 2017. This segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. Sealants & fillers are used in various applications such as flooring, walling, and roofing systems owing to their ability to resist high temperatures and flames for a certain duration of time as per UL standards. Based on application, commercial construction held the largest share of the global fire-rated building material market in 2017.
Product Definition:
A fire-rated building material is a material that has been tested and certified to have certain levels of fire resistance. This means that the material will not ignite, will not spread flame, and will resist heat transfer for a set amount of time. Fire-rated building materials are used in construction to create walls, floors, ceilings, and other elements that need to be able to withstand a fire. The use of these materials can help save lives and property in the event of a fire.
Sealants & Fillers:
Sealants and fillers are two major fire-rated building materials used in the construction of buildings. Sealants are adhesives that are applied to the external surfaces of a structure, while filler is an inert material which is spread uniformly over the sealant to act as a bond former. The growth factor for sealants & fillers market depends on various factors such as growing demand from end-use industries, technological advancements and government regulations across different regions.
Mortar:
Mortar is a composite material made up of sand, cement, and water. It is used to bind the building materials together in order to provide stability and strength to the structure.
Application Insights:
The commercial construction segment accounted for the largest revenue share of over 60% in 2017 and is projected to witness significant growth over the forecast period. The growing commercial construction sector, particularly across developing countries is anticipated to fuel product demand.
The industrial construction segment was valued at USD 1,000.0 million in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing use of fire-rated materials in manufacturing facilities and power plants along with rising awareness regarding safety norms among manufacturers & suppliers ¢â‚¬Ëœ Fire protection equipment & systems;¢â‚¬ which are majorly used by end-users as fire prevention measures during installation activities or when new buildings are constructed on their premises.
Regional Analysis:
Asia Pacific dominated the global fire-rated building material market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2016 owing to rapid infrastructural development, especially in China and India. In addition, rising concerns regarding safety of people from fire hazards are projected to drive demand for these products over the forecast period.
Europe was estimated as second-largest regional segment by Fire Protection Products Association (FPPA), an industry association based in U.K., with a revenue share of more than 20%in 2016 owing to growing construction activities across several countries including Germany, Italy, France and U.K.
The Middle East & Africa is anticipated to witness significant growth rate on account of increasing government investments coupled with rising private sector spending on infrastructure development projects such as airports expansion and hotel construction which will result into increased demand for fire-rated materials over the next eight years (2030).
Growth Factors:
- Increasing demand for fire-rated building materials from the construction sector as a result of growing awareness about the importance of fire safety.
- Rising demand for green and sustainable building materials that meet the requirements of LEED certification.
- Growing use of fire-rated building materials in high-rise buildings and other structures that are at a higher risk of fires.
- Proliferation of stringent government regulations and codes pertaining to fire safety, which is driving the adoption of these materials in new construction projects across various regions worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fire-Rated Building Material Market Research Report
By Type
Sealants & Fillers, Mortar, Sheets/Boards, Spray, Preformed Device, Putty, Cast-in Devices, Others
By Application
Commercial Construction, Industrial Construction, Residential
By Companies
Akzo Nobel N.V. (Netherlands), Hilti Group (U.S.), M (U.S.), Morgan Advanced Materials (U.K.), Specified Technologies Inc. (U.S.), Etex (Belgium), Tremco Incorporated (U.S.), BASF SE (Germany), Isolatek International (U.S.), USG Corporation (U.S.), Akzo Nobel N.V. (Netherlands), PPG Industries Inc. (U.S.), W.R. Grace & Co. (U.S.), Rolf Kuhn GmbH (Germany), Rectorseal (U.S.)
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Fire-Rated Building Material Market Report Segments:
The global Fire-Rated Building Material market is segmented on the basis of:
Types
Sealants & Fillers, Mortar, Sheets/Boards, Spray, Preformed Device, Putty, Cast-in Devices, 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
Commercial Construction, Industrial Construction, Residential
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 N.V. (Netherlands)
- Hilti Group (U.S.)
- M (U.S.)
- Morgan Advanced Materials (U.K.)
- Specified Technologies Inc. (U.S.)
- Etex (Belgium)
- Tremco Incorporated (U.S.)
- BASF SE (Germany)
- Isolatek International (U.S.)
- USG Corporation (U.S.)
- Akzo Nobel N.V. (Netherlands)
- PPG Industries Inc. (U.S.)
- W.R. Grace & Co. (U.S.)
- Rolf Kuhn GmbH (Germany)
- Rectorseal (U.S.)
Highlights of The Fire-Rated Building Material 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:
- Sealants & Fillers
- Mortar
- Sheets/Boards
- Spray
- Preformed Device
- Putty
- Cast-in Devices
- Others
- By Application:
- Commercial Construction
- Industrial Construction
- Residential
- 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-Rated Building Material 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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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-rated building material is a type of construction material that has been tested and found to resist fire.
Some of the key players operating in the fire-rated building material market are Akzo Nobel N.V. (Netherlands), Hilti Group (U.S.), M (U.S.), Morgan Advanced Materials (U.K.), Specified Technologies Inc. (U.S.), Etex (Belgium), Tremco Incorporated (U.S.), BASF SE (Germany), Isolatek International (U.S.), USG Corporation (U.S.), Akzo Nobel N.V. (Netherlands), PPG Industries Inc. (U.S.), W.R. Grace & Co. (U.S.), Rolf Kuhn GmbH (Germany), Rectorseal (U.S.).
The fire-rated building material market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fire-Rated Building Material Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fire-Rated Building Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fire-Rated Building Material Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fire-Rated Building Material Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fire-Rated Building Material Market Size & Forecast, 2020-2028
4.5.1 Fire-Rated Building Material Market Size and Y-o-Y Growth
4.5.2 Fire-Rated Building Material Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Sealants & Fillers
5.2.2 Mortar
5.2.3 Sheets/Boards
5.2.4 Spray
5.2.5 Preformed Device
5.2.6 Putty
5.2.7 Cast-in Devices
5.2.8 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Construction
6.2.2 Industrial Construction
6.2.3 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fire-Rated Building Material Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fire-Rated Building Material Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Sealants & Fillers
9.6.2 Mortar
9.6.3 Sheets/Boards
9.6.4 Spray
9.6.5 Preformed Device
9.6.6 Putty
9.6.7 Cast-in Devices
9.6.8 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Construction
9.10.2 Industrial Construction
9.10.3 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Sealants & Fillers
10.6.2 Mortar
10.6.3 Sheets/Boards
10.6.4 Spray
10.6.5 Preformed Device
10.6.6 Putty
10.6.7 Cast-in Devices
10.6.8 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Construction
10.10.2 Industrial Construction
10.10.3 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Sealants & Fillers
11.6.2 Mortar
11.6.3 Sheets/Boards
11.6.4 Spray
11.6.5 Preformed Device
11.6.6 Putty
11.6.7 Cast-in Devices
11.6.8 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Construction
11.10.2 Industrial Construction
11.10.3 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Sealants & Fillers
12.6.2 Mortar
12.6.3 Sheets/Boards
12.6.4 Spray
12.6.5 Preformed Device
12.6.6 Putty
12.6.7 Cast-in Devices
12.6.8 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Construction
12.10.2 Industrial Construction
12.10.3 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Sealants & Fillers
13.6.2 Mortar
13.6.3 Sheets/Boards
13.6.4 Spray
13.6.5 Preformed Device
13.6.6 Putty
13.6.7 Cast-in Devices
13.6.8 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Construction
13.10.2 Industrial Construction
13.10.3 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fire-Rated Building Material Market: Competitive Dashboard
14.2 Global Fire-Rated Building Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Akzo Nobel N.V. (Netherlands)
14.3.2 Hilti Group (U.S.)
14.3.3 M (U.S.)
14.3.4 Morgan Advanced Materials (U.K.)
14.3.5 Specified Technologies Inc. (U.S.)
14.3.6 Etex (Belgium)
14.3.7 Tremco Incorporated (U.S.)
14.3.8 BASF SE (Germany)
14.3.9 Isolatek International (U.S.)
14.3.10 USG Corporation (U.S.)
14.3.11 Akzo Nobel N.V. (Netherlands)
14.3.12 PPG Industries Inc. (U.S.)
14.3.13 W.R. Grace & Co. (U.S.)
14.3.14 Rolf Kuhn GmbH (Germany)
14.3.15 Rectorseal (U.S.)
