Market Overview:
The global solvent-borne fire-resistant coatings 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-resistant coatings from various end users, such as building & construction, industrial, aerospace and others. In terms of type, the metal segment is expected to lead the global solvent-borne fire-resistant coatings market during the forecast period. This can be attributed to the increasing demand for metal products from various end users and stringent regulations pertaining to fire safety across different regions.
Product Definition:
A solvent-borne fire-resistant coating is a type of paint or sealant that is formulated to protect against fire. These coatings are typically applied to surfaces such as metal, wood, or masonry in order to reduce the risk of ignition and help prevent the spread of fire. Solvent-borne fire-resistant coatings are important for protecting buildings and other structures from fires, and can help save lives and property.
Metal:
Metal is an important raw material used in solvent-borne fire-resistant coatings. It provides various benefits such as corrosion resistance, adhesion to the substrate, and thermal protection. The metal content of the solvent borne coating depends on its application areas such as construction & building, transportation equipment & infrastructure among others. Solvent borne fire-resistant coatings are widely used in applications where direct contact with fire hazards is possible including electrical appliances and machinery housing among others.
Wood:
Wood is a renewable resource and it's usage in solvent-borne fire-resistant coatings market helps to reduce the carbon footprint. Solvent borne paints are widely used in residential, commercial and industrial buildings for protection against fire hazards. Increasing demand for green solvents-borne fireproof coatings is expected to drive the global market over the forecast period.
Increasing construction spending especially on nonresidential structures such as schools, hospitals, offices, etc.
Application Insights:
Building and construction was the largest application segment in 2016, accounting for over 55% of the global revenue share. The growth can be attributed to increasing infrastructure activities such as road projects, railway lines and airports across various regions. In addition, rapid urbanization in emerging economies including China and India is expected to drive industry growth over the forecast period.
The industrial sector is anticipated to witness significant demand for these products from major end-use industries such as oil & gas; energy; chemicals; food & beverage; pulp & paper and metalworking fluids among others. Rapid industrialization coupled with rising product demand due to its properties that enhance surface smoothness without affecting fiber optics is expected fuel industry expansion over the forecast period.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global production owing to availability of raw materials, cheap labor, advanced manufacturing facilities and proximity to end-use markets. China emerged as a global leader in construction industry owing to low land cost coupled with easy access to energy & utilities.
The growing demand for high rise residential buildings in Asia Pacific is anticipated favorably impact industry growth over the coming years.
Europe solvent-borne fire-resistant coatings market accounted for more than 25% revenue share in 2017 on account of rapid product adoption by manufacturers operating within building & construction sector especially within U.K.
Growth Factors:
- Increasing demand for fire-resistant coatings from the construction industry to protect buildings and infrastructure from fire damage.
- Growing demand for solvent-borne fire-resistant coatings in the automotive sector to protect vehicles from fires.
- Rising awareness about the benefits of using fire-resistant coatings among consumers and businesses.
- Technological advancements that have led to the development of new and more effective formulations of solvent-borne fire-resistant coatings.
- The increasing use of solvent borne Fire resistant Coatings in applications such as wind turbines, marine vessels, and aircrafts
Scope Of The Report
Report Attributes
Report Details
Report Title
Solvent-borne Fire-resistant Coatings Market Research Report
By Type
Metal, Wood, Others
By Application
Building & construction, Industrial, Aerospace, Others
By Companies
AkzoNobel, PPG, Sherwin-Williams, Hempel, RPM International, Etex group
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Solvent-borne Fire-resistant Coatings Market Report Segments:
The global Solvent-borne Fire-resistant Coatings market is segmented on the basis of:
Types
Metal, Wood, 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, Industrial, Aerospace, 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:
- AkzoNobel
- PPG
- Sherwin-Williams
- Hempel
- RPM International
- Etex group
Highlights of The Solvent-borne Fire-resistant Coatings 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:
- Metal
- Wood
- Others
- By Application:
- Building & construction
- Industrial
- Aerospace
- 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 Solvent-borne Fire-resistant Coatings 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?
Solvent-borne fire-resistant coatings are a type of coating that resist fire. They are made from a combination of chemicals and solvents, which create a protective film on the surface of the material. This film can resist heat and flames, protecting the underlying material from damage.
Some of the key players operating in the solvent-borne fire-resistant coatings market are AkzoNobel, PPG, Sherwin-Williams, Hempel, RPM International, Etex group.
The solvent-borne fire-resistant coatings market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Solvent-borne Fire-resistant Coatings 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 Solvent-borne Fire-resistant Coatings Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Solvent-borne Fire-resistant Coatings 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 Solvent-borne Fire-resistant Coatings 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 Solvent-borne Fire-resistant Coatings Market Size & Forecast, 2020-2028 4.5.1 Solvent-borne Fire-resistant Coatings Market Size and Y-o-Y Growth 4.5.2 Solvent-borne Fire-resistant Coatings 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 Metal
5.2.2 Wood
5.2.3 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 Building & construction
6.2.2 Industrial
6.2.3 Aerospace
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solvent-borne Fire-resistant Coatings 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 Solvent-borne Fire-resistant Coatings 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 Metal
9.6.2 Wood
9.6.3 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 Building & construction
9.10.2 Industrial
9.10.3 Aerospace
9.10.4 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 Metal
10.6.2 Wood
10.6.3 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 Building & construction
10.10.2 Industrial
10.10.3 Aerospace
10.10.4 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 Metal
11.6.2 Wood
11.6.3 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 Building & construction
11.10.2 Industrial
11.10.3 Aerospace
11.10.4 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 Metal
12.6.2 Wood
12.6.3 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 Building & construction
12.10.2 Industrial
12.10.3 Aerospace
12.10.4 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 Metal
13.6.2 Wood
13.6.3 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 Building & construction
13.10.2 Industrial
13.10.3 Aerospace
13.10.4 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 Solvent-borne Fire-resistant Coatings Market: Competitive Dashboard
14.2 Global Solvent-borne Fire-resistant Coatings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AkzoNobel
14.3.2 PPG
14.3.3 Sherwin-Williams
14.3.4 Hempel
14.3.5 RPM International
14.3.6 Etex group