Fire Protection Coatings Market, By Type (Passive Fire Protection Coatings and Active Fire Protection Coatings) By Application (Building & Construction, Oil & Gas, Automotive, Aerospace, Marine, Electrical & Electronics, Furniture, Textiles, and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI490722 | Publish Date: March 2024 | No. of Pages: 170

Fire Protection Coatings Market Overview

A fire protection coating is a protective Enclosure applied to an industrial elements to prevent damage and maintain the integrity of steel structures in case of fire. Fire protection coating is divided in to two main type first, intumescent coatings and cementitious coatings. The intumescent coatings are called as passive fire protection coatings. Insulating protective coatings expand after exposure to heat, reducing the amount of heat transferred to the steel. Passive fire protection coatings this coating is protect equipment and critical structures from Intimidation of hydrocarbon hazards such as fires, spills and explosions and this coating is used in  petrochemical and oil & gas industries. Various hazards are being carried along with increasing industrialization, leading to increased focus on safety and adoption of fire protection coatings. Growth in income and increase in the number of construction projects drive the global fire protection coatings market. Global Fire Protection Coatings Market size accounted for US$ 2766.8 million in 2020 and is estimated to be US$ 3832.11 million by 2030 and is anticipated to register a CAGR of 3.4%.

Fire Protection Coatings Market Dynamics

Increasing number of fire accidents, overall the globe is expected to drive the market. According to National Fire Protection Association, in United States, Local fire departments responded to 1,338,500 fires in 2020. These fires caused 3,500 civilian deaths, 15,200 civilian injuries and $21.9 billion in property damage, which supports the growth of market.

Further, increasing demand for fire protection coatings to maintain the integrity of steel structures and demand from various end-users such as building and construction, automotive, aerospace, and others are the major factors driving the fire protection coatings market. The intumescent fireproofing industry is growing and has already created a buzz in the market. However, there are some drawbacks associated with these paints UV exposure, operational heat, and work area humidity are three major factors that affect the performance of intumescent.

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Fire Protection Coatings Market Segmentation

The Fire Protection Coatings Market is segmented based on Type, Application and Region.

On the basis of type, the Fire Protection Coatings Market is segmented into Passive Fire Protection Coatings and Active Fire Protection Coating. On the basis of application, Global Fire Protection Market is classified into Building & Construction, Oil & Gas, Automotive, Aerospace, Marine, Electrical & Electronics, Furniture, Textiles, and Others.

On region the Global Fire Protection Coatings Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the market for fire prevention systems in 2021, contributing more than 35.0% of worldwide revenue. This can be attributed to the increasing demand for intelligent houses and smart buildings, which deliver optimum safety. Furthermore. North America has a strong presence of fire protection system manufacturers such as Raytheon Technology Corporation; GENTEX Corporation; and Honeywell International Inc. These companies are actively involved in spreading awareness about fire protection systems through marketing programs.

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Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020– 2030

Market representation

Revenue in USD Million & CAGR from 2020 to 2030

Market Segmentation

By Type - Passive Fire Protection Coatings and Active Fire Protection Coatings

By Application – Building & Construction, Oil & Gas, Automotive, Aerospace, Marine, Electrical & Electronics, Furniture, Textiles, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Fire Protection Coatings Market report based on type, application, and region:

Fire Protection Coatings Market, By Type:

  • Passive Fire Protection Coatings
  • Active Fire Protection Coatings

Fire Protection Coatings Market, By Application:

  • Building & Construction
  • Oil & Gas
  •  Automotive
  •  Aerospace
  •  Marine
  • Electrical & Electronics
  •  Furniture
  • Textiles
  • Others

Fire Protection Coatings Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Fire Protection Coatings Market Key Players

The key players operating the Global Fire Protection Coatings Market includes PPG industries (U.S.A.), Akzo Nobel N.V. (the Netherlands), Sherwin-Williams Company (U.S.A.), RPM International Inc. (U.S.A.), Nippon Paint Holdings Co.(Japan), Axalta Coating Systems, LLC(U.S.A.),  Valspar Corporation( U.S.A.), BASE Coatings (Germany),  KANSAI PAINT CO. Sherwin-Williams company, Intumescent coatings provide critical passive fire protection, cryogenic leak protection and corrosion protection for the design life of the steel property – providing up to four hours of fire protection on steel depending on the solution you choose – for exposed structural steel with the added benefit of an aesthetically-pleasing finish.

In April 2022, Sherwin-Williams Completes Acquisition of European Industrial Coatings Business of Sika Fire safety coating systems for protecting and preserving steel, timber and concrete building components. Sika's industrial coatings business is based in Germany with additional sales and technical support in Poland, Austria and Switzerland.

Fire Protection Coatings Market Company Profile

  • PPG industries (U.S.A.)*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Akzo Nobel N.V. (the Netherlands)
  • Sherwin-Williams Company (U.S.A.)
  • RPM International Inc. (U.S.A.)
  •  Nippon Paint Holdings Co.(Japan)
  •  Axalta Coating Systems
  •  LLC(U.S.A.)
  •  Valspar Corporation (U.S.A.)
  •  BASE Coatings (Germany)
  •   KANSAI PAINT CO

“*” marked represents similar segmentation in other categories in the respective section

Fire Protection Coatings Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Application
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Fire Protection Coatings Market, By Type
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Passive Fire Protection Coatings
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Active Fire Protection Coatings
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Global Fire Protection Coatings Market, By Application, 2020 – 2030, (US$ Mn)
    • Overview                                      
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Building & Construction
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Oil & Gas
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Automotive
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Aerospace
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Marine
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Electrical & Electronics
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Furniture
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Textiles
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Fire Protection Coatings Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
  • PPG industries (U.S.A.)
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Akzo Nobel N.V. (the Netherlands)
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sherwin-Williams Company (U.S.A.)
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • RPM International Inc. (U.S.A.)
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Nippon Paint Holdings Co.(Japan)
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Axalta Coating Systems
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • LLC (U.S.A.)
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Valspar Corporation (U.S.A.)
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  •  BASE Coatings (Germany)
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  •   KANSAI PAINT CO.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Fire Protection Coatings Market is segmented into basis of on Type, Application and Region.

Increasing number of fire accidents, overall the globe is expected to drive the market.

By region, North America dominated the market for fire prevention systems in 2021, contributing more than 35.0% of worldwide revenue.

The Key players operating in the Fire Protection Coatings Market includes PPG industries (U.S.A.), Akzo Nobel N.V. (the Netherlands), Sherwin-Williams Company (U.S.A.), RPM International Inc. (U.S.A.), Nippon Paint Holdings Co.(Japan), Axalta Coating Systems, LLC(U.S.A.), Valspar Corporation( U.S.A.), BASE Coatings (Germany), KANSAI PAINT CO.