Fireproofing Materials Market Report

Market Insights

“The fireproofing materials market value was US$ 1.2 billion in 2024 and is likely to grow at CAGR of 8.5% in the long run to reach US$ 2 billion in 2030.”

Market Dynamics

Introduction

Fireproofing materials serve to boost the fire-resistive qualities of buildings together with their equipment and materials. These materials establish fire shields that can endure high temperatures while delaying fire spread and preserving structural design. The fireproofing market comprises four main categories: cementitious coatings alongside intumescent coatings fire-resistant boards and spray-applied barriers. These materials serve as a major protection measure in buildings as well as industrial facilities and transportation systems according to fire safety regulations. Protecting lives and minimizing property loss together with maintaining critical infrastructure stability during fire events depends heavily on their proper applications.

Recent Market JVs and Acquisitions:

• In December 2024, Saint-Gobain SEFPRO formed a partnership with Anhui Sino-Refractory Technology Co., Ltd. to develop high-performance fused cast refractories in China while expanding its industrial fireproofing materials portfolio.
• In February 2021, Akzo Nobel N.V. acquired Spanish manufacturer Titan Paints because the deal provided an enhanced foothold in the Spanish market and extended their fire protection coating lineup.

Recent Product Development:

• In February 2023, PPG Industries introduced PPG STEELGUARD 951 which represents a breakthrough epoxy intumescent fire protection coating that delivers proper cellulosic fire protection for three hours on contemporary architectural steels.
• In April 2022, Henkel AG & Co. KGaA delivered Loctite EA 9400 and Loctite FPC 5060 as their new fire protection products designed specifically for electric vehicle (EV) battery safety. These protective battery pack coatings work by stopping and slowing fire spread to boost vehicle occupant safety.
• In February 2021, Akzo Nobel N.V. bought Spanish manufacturer Titan Paints to increase its Spain presence while growing its fireproofing solutions portfolio.

Segments Analysis

By Coating

“Intumescent coatings are said to be dominating Coating of the market during the forecast period.”

• The market is segmented into Intumescent coatings (Thin film and Thick film) and Cementitious coatings (Cement-based and gypsum-based).
• The fireproofing materials market advances with intumescent coatings at its forefront due to their thermal expansion behavior which results in protective fire-retardant char formation. Intumescent coatings find their primary use in industrial and commercial properties because they ensure structural stability during fires. Intumescent coatings find widespread preference against traditional cementitious coatings because they combine excellent application ease with their lightweight structure.
• Intumescent coatings simultaneously offer valuable design benefits because of their refined finish which suits structural components requiring visual appeal in contemporary architecture. The strict compliance requirements for fire safety regulations combined with their growing use in infrastructure work drive intumescent coatings to lead the market. Global intumescent coating demand grows because building fire safety standards become more stringent.

By End Use Industry Type

“Commercial is said to be dominating by End Use Industry of the market during the forecast period.”

• The market is segmented into Commercial, Industrial, Onshore, Offshore, and Residential.
• Office buildings shopping complexes airports and high-rise structures present the commercial sector with the primary reason for dominating the fireproofing materials market because of their strict fire safety mandates. The growing need for effective fireproofing approaches stems from rapid urban development coupled with rising commercial building construction activities. Intumescent coatings represent the primary choice for protecting steel frameworks in commercial buildings to satisfy rigorous standards for fire protection.
• The adoption of these materials receives additional push from government regulatory standards and insurance requirements for commercial establishments. The market growth depends on two primary factors: large capital protection needs alongside business continuity improvement requirements. The commercial sector controls market dominance due to rising infrastructure construction and enhanced safety regulations that show no sign of reversing.

Regional Analysis

“North America is the largest and Asia-Pacific is the fastest region for fireproofing materials market during the forecast period.”

• Fireproofing materials lead the North American market because the region combines an active building construction sector with rigorous fire safety enforcement approaches. Widespread industrial and commercial adoption of fireproofing materials results from standards created by the National Fire Protection Association (NFPA). Key industry manufacturers share a strong presence in this area alongside ongoing fire safety technology advancements which establish the region as market leader.
• The rising recognition of fire safety needs among builders of high-rise structures and industrial complexes creates greater market demand for modern fireproofing products. The U.S. and Canadian major cities implement strict building criteria that demand fire-resistant materials thus strengthening market development. The North American market will continue its status as a leader in fireproofing materials due to sustained infrastructure advancement alongside increased regulatory compliance.
• Rapid urbanization combined with infrastructure expansion across countries including China India and Southeast Asian nations drives Asia-Pacific to become the fastest-growing consumer of fireproofing materials. The growing construction market including both residential and commercial developments drives substantial fireproofing solution requirements. New and existing structures increasingly require advanced fireproofing materials because government organizations are enforcing stronger fire safety regulations.
• The rapid growth of industrial activities encompassing manufacturing and oil & gas production along with transportation systems increases the necessity for protective measures against fire in essential installation facilities. Market growth results from better fire safety understanding alongside foreign investments that support infrastructure development. The fireproofing materials market in Asia-Pacific will experience swift growth thanks to ongoing development activities coupled with regulatory advancements.

Key Players

The market is partially fragmented across the region. Most of the major players compete in some of the governing factors including price, service offerings, regional presence, etc. The following are the key players in the fireproofing materials market:

Here is the list of the Top Players (Based on Dominance)

• 3M
• Akzo Nobel N.V.
• Isolatek International
• Sika AG
• Etex Group
• PPG Industries, Inc
• BASF SE
• Carboline
• RPM International Inc.
• Jotun Group
• Iris Coatings S.r.l
• Knauf Insulation
• Hempel Group
• W.R. Grace & Co.
• Rolf Kuhn GmbH
• Rockwool International AS
• No-Burn Inc.
• The Sherwin-Williams Company
• Contego International Inc.
• Den Braven
• Encon Insulation Ltd
• Ugam Chemicals
• Intumescent Systems Ltd
• PK Companies
• FlameOFF Coatings Inc.

Note: The above list does not necessarily include all the top players of the market.

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Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

The global fireproofing materials market is segmented into the following categories. 

Fireproofing Materials Market, by Coating Type

• Intumescent coatings (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
  • Thin film (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
  • Thick film (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
• Cementitious coatings (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
  • Cement-based (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
  • Gypsum-based (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)

Fireproofing Materials Market, by End Use Industry Type

• Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
• Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
• Onshore (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
• Offshore (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
• Residential (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)

Fireproofing Materials Market, by Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s fireproofing materials market realities and future market possibilities for the forecast period. 
• The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected]