Fire resistant coatings market is anticipated to grow at a CAGR of 4.5% during the forecast period. The rising demand for fire resistant coating from end-user industries is a key factor driving the growth of the market. The existence of stringent government norms for fire safety in residential and commercial buildings is further contributing to the growing demand for the fire resistant coatings market.
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In the US, Underwriters Laboratories (UL) is a recognized authority that evaluates and approves sprayed fire resistive materials (SFRMs) for a certain fire rating. Considering the growth opportunities, market players are focusing on developing new and innovative products that comply with stringent safety and fire protection standards. The high cost of fire resistant coatings and the availability of low-cost alternatives may restrain the growth of the global fire resistant coatings market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Fire Resistant Coatings Market, By Technology
- Solvent-Borne Fire Resistant Coatings
- Water-Borne Fire Resistant Coatings
Global Fire Resistant Coatings Market, By Coating Type
- Intumescent Fire Resistant Coatings
- Cementitious Fire Resistant Coatings
Global Fire Resistant Coatings Market, By Resin Type
- Silicon
- Epoxy
- Acrylic
- Vinyl
- Others
Global Fire Resistant Coatings Market, By End-User
- Building & Construction
- Power
- Transportation
- Oil & Gas
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- 3M Co.
- Akzo Nobel N.V.
- Albi Protective Coatings
- Benjamin Moore & Co
- Carboline
- Contego International Inc.
- ETEX Group
- Hempel AS
- Isolatek International
- Jotun
- No-Burn, Inc.
- PPG Industries, Inc.,
- RPM International Inc
- Sika AG
- Teknos
- The Sherwin-Williams Company
- TREMCO ILLBRUCK
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global fire resistant coatings market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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