Market Overview:
The global fire retardant paints for wood market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fire retardant paints for wood in residential and commercial applications, globally. In addition, the growing awareness about safety and security among consumers is also propelling the demand for fire retardant paints for wood. Based on type, the global fire retardant paints for wood market can be segmented into water-based and solvent-based fire retardant paints. The water-based segment is expected to account for a larger share of the global market than the solvent-based segment during the forecast period from 2018 to 2030. This can be attributed to their easy availability and low cost as compared with solvent-based fire retardants.
Product Definition:
Fire retardant paints are used to help prevent the spread of fire in wood. They work by adding a coating that suppresses the flames and makes it more difficult for the fire to spread. This can help to minimize damage in the event of a fire, and may also help to reduce insurance costs.
Water-based Fire Retardant Paints:
Water-based fire retardant paints are water-soluble and contain pigments that are insoluble in alcohol, acetone, and other organic solvents. These pigments can be either organic or inorganic. Organic pigment includes natural colors like titanium dioxide (TiO2) while inorganic pigment includes black & white etc.
Solvent-based Fire Retardant Paints:
Solvent-based fire retardant paints are water-based coatings containing high amount of solvents. These paints have low viscosity and can be easily applied with brush or sprayers. Solvent based fire retardant paints for wood is widely used in manufacturing industries to protect wooden furniture from heat related damage. The product also finds application in residential sector owing to its ease of use and less drying time, which makes it a preferred option among consumers as well as installers.
Application Insights:
The residential use segment led the global fire retardant paints for wood market and accounted for more than 60.0% share of the overall revenue in 2017. The growth is attributed to increasing urbanization leading to rise in demand for construction of new houses, especially in developing countries such as India, China and Brazil. In addition, stringent government regulations on construction materials are expected to drive product demand over the forecast period.
Commercial use was estimated as second largest application segment with a share of 35.3% in 2017 owing to rising applications such as hospitals, clinics and medical laboratories among others across regions including Middle East & Africa due to increase spending on healthcare infrastructure development along with other developed countries worldwide.
Regional Analysis:
North America held the largest market share of about 37% in 2017. The region is expected to continue its dominance over the forecast period owing to increasing construction activities and growing demand for fireproof materials in commercial buildings, especially hotels and restaurants. Moreover, stringent government regulations regarding fire safety are projected to propel product demand over the coming years.
Asia Pacific is anticipated to witness significant growth during the forecast period due to rapid industrialization coupled with rising infrastructure activities in emerging economies such as China and India. In addition, rising disposable income levels among middle-class population groups will augment consumer spending on household improvement products including furniture, flooring solutions etc.
Europe also holds a considerable market share owing to high consumption of fire retardant paints for woodworking machinery used for manufacturing interior wood components of vehicles including passenger cars, heavy commercial vehicles & buses among others across major countries such as Germany, France Italy Russia etc.
Growth Factors:
- Increasing demand for fire retardant paints from the construction industry as a result of stringent government regulations and safety concerns.
- Rising demand for wood coatings in Asia Pacific due to the increasing popularity of wooden furniture and flooring.
- Growing use of fire retardant paints in transportation sector to protect vehicles from fire hazards.
- Technological advancements that have led to the development of new and more effective flame-resistant coatings products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fire Retardant Paints for Wood Market Research Report
By Type
Water-based Fire Retardant Paints, Solvent-based Fire Retardant Paints
By Application
Residential Use, Commercial Use, Others
By Companies
Sherwin-Williams, BASF, Rudolf Hensel, Nordtreat AS, Fire Retardant Coatings of Texas, Teknos Group, ICA Group, Envirograf, Bollom (Tor Coatings), Flame Stop, Lanling Chemical, Shengguang Group, BBMG Coating, Zhuoan Technology
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Fire Retardant Paints for Wood Market Report Segments:
The global Fire Retardant Paints for Wood market is segmented on the basis of:
Types
Water-based Fire Retardant Paints, Solvent-based Fire Retardant Paints
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
Residential Use, Commercial Use, 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:
- Sherwin-Williams
- BASF
- Rudolf Hensel
- Nordtreat AS
- Fire Retardant Coatings of Texas
- Teknos Group
- ICA Group
- Envirograf
- Bollom (Tor Coatings)
- Flame Stop
- Lanling Chemical
- Shengguang Group
- BBMG Coating
- Zhuoan Technology
Highlights of The Fire Retardant Paints 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 Fire Retardant Paints
- Solvent-based Fire Retardant Paints
- By Application:
- Residential Use
- Commercial Use
- 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 Retardant Paints 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
- 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 retardant paints are used on wood to help prevent fires from starting. The paint coats the wood and helps create a barrier between the fire and the wood.
Some of the key players operating in the fire retardant paints for wood market are Sherwin-Williams, BASF, Rudolf Hensel, Nordtreat AS, Fire Retardant Coatings of Texas, Teknos Group, ICA Group, Envirograf, Bollom (Tor Coatings), Flame Stop, Lanling Chemical, Shengguang Group, BBMG Coating, Zhuoan Technology.
The fire retardant paints for wood market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fire Retardant Paints for Wood 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 Retardant Paints for Wood Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fire Retardant Paints for Wood 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 Retardant Paints for Wood 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 Retardant Paints for Wood Market Size & Forecast, 2020-2028
4.5.1 Fire Retardant Paints for Wood Market Size and Y-o-Y Growth
4.5.2 Fire Retardant Paints for Wood 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 Water-based Fire Retardant Paints
5.2.2 Solvent-based Fire Retardant Paints
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 Residential Use
6.2.2 Commercial Use
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fire Retardant Paints for Wood 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 Retardant Paints for Wood 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 Water-based Fire Retardant Paints
9.6.2 Solvent-based Fire Retardant Paints
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 Residential Use
9.10.2 Commercial Use
9.10.3 Others
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 Water-based Fire Retardant Paints
10.6.2 Solvent-based Fire Retardant Paints
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 Residential Use
10.10.2 Commercial Use
10.10.3 Others
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 Water-based Fire Retardant Paints
11.6.2 Solvent-based Fire Retardant Paints
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 Residential Use
11.10.2 Commercial Use
11.10.3 Others
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 Water-based Fire Retardant Paints
12.6.2 Solvent-based Fire Retardant Paints
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 Residential Use
12.10.2 Commercial Use
12.10.3 Others
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 Water-based Fire Retardant Paints
13.6.2 Solvent-based Fire Retardant Paints
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 Residential Use
13.10.2 Commercial Use
13.10.3 Others
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 Retardant Paints for Wood Market: Competitive Dashboard
14.2 Global Fire Retardant Paints for Wood Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sherwin-Williams
14.3.2 BASF
14.3.3 Rudolf Hensel
14.3.4 Nordtreat AS
14.3.5 Fire Retardant Coatings of Texas
14.3.6 Teknos Group
14.3.7 ICA Group
14.3.8 Envirograf
14.3.9 Bollom (Tor Coatings)
14.3.10 Flame Stop
14.3.11 Lanling Chemical
14.3.12 Shengguang Group
14.3.13 BBMG Coating
14.3.14 Zhuoan Technology
