Fireproofing Coatings Market: By Type (Water-Based Coatings, Solvent-Borne Coatings and Oil-Based Coatings), By Application (Construction, Oil and Gas and Textile) and Geography

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Fireproofing Coatings Market size was valued at USD 8,736.9 million in 2023 and is anticipated to grow at a CAGR of 5.8 % over 2024-2030. Fireproofing coatings are specialized materials applied to surfaces, such as walls, ceilings, columns, steel structures, and other building components, to enhance their fire resistance. The primary purpose of fireproofing coatings is to delay or prevent the spread of fire, minimize heat transfer, and protect structural elements and building occupants in the event of a fire. These coatings are commonly used in industrial facilities, commercial buildings, high-rise structures, and other places where fire safety is a significant concern. Stringent building codes and regulations play a pivotal role in driving the demand for fireproofing coatings in the construction industry. These codes mandate specific fire safety standards for both structural and non-structural elements of buildings. To comply with these regulations, builders and developers are compelled to incorporate fire-resistant materials and coatings into their construction projects. Fireproofing coatings offer a reliable and cost-effective solution to enhance the fire resistance of structural components, such as steel beams and columns, as well as non-structural elements like walls and ceilings. As compliance with these codes is non-negotiable, the demand for fireproofing coatings remains robust, ensuring that buildings meet rigorous fire safety standards.

Moreover, the increased awareness of fire safety is a significant driver for the revenue growth of the fireproofing coatings market. As people become more aware of the devastating consequences of fires in both residential and industrial settings, there is a heightened emphasis on proactive fire safety measures. This awareness leads to greater demand for fireproofing coatings as a critical component of fire protection strategies. Individuals, businesses, and industries recognize the importance of investing in fire-resistant materials to safeguard lives, property, and assets. As a result, the fireproofing coatings market experiences increased demand as stakeholders prioritize fire safety. However, negative impacts on the environment may hamper market growth. In addition, advancements in technologies provide huge growth opportunities for market growth. Key market players are developing innovative solutions to further contribute to the growth of the fireproofing coatings market. For instance, in February 2023, PPG launched an innovative epoxy intumescent fire protection coating, PPG STEELGUARD 951 fire protection coating for the architectural market.

Fireproofing Coatings Market Key Developments:     
  • In February 2023, KCC Corp. launched the first organic water-based fire-resistant paint, the Firemask AQ Series which is Fire Mask AQ-1000 and AQ-2000 that can dry four times faster than existing oil-based fire-resistant paints and can be used up to twice a day.
  • In April 2022, Sherwin acquired Sika Industrial Coatings in order to enhance its presence in the performance coatings industry.

Fireproofing Coatings Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.8%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Fireproofing Coatings Market Dynamics

The oil and gas industry highly requires fireproofing coatings because they are exposed to high-temperature during horizontal drilling and refining. This drives the acceptance of coatings in this industry to protect steel and metal construction activities. They are also used in offshore and onshore applications and petroleum processing facilities to protect the steel structures from combustion during the combustion of hydrocarbon fuels such as methane, oil, liquefied petroleum gas (LPG), and liquified natural gas (LNG).

Fireproofing Coatings Market Segmentation

By Type

  • Water-Based Coatings
  • Solvent-Borne Coatings
  • Oil-Based Coatings

By Application

  • Construction
  • Oil and Gas
  • Textile

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

Frequently Asked Questions

The fireproofing coatings market size was valued at USD 8,736.9 million in 2023

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

The fireproofing coatings market key players are: 3M, Akzonobel, Altana Group, Axalta, Basf Coating, Betek, Brillux, Dai Nippon Toryo

Key Features of the Report

  • The fireproofing coatings market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
1.Executive Summary
2.Global Fireproofing Coatings Market Introduction 
2.1.Global Fireproofing Coatings Market  - Taxonomy
2.2.Global Fireproofing Coatings Market  - Definitions
2.2.1.Type 
2.2.2.Application
2.2.3.Region
3.Global Fireproofing Coatings Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Fireproofing Coatings Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Fireproofing Coatings Market  By Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Water-Based Coatings
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Solvent-Borne Coatings
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Oil-Based Coatings
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6.Global Fireproofing Coatings Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Construction
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Oil and Gas
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Textile
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global Fireproofing Coatings Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Fireproofing Coatings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Type  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Water-Based Coatings
8.1.2.Solvent-Borne Coatings
8.1.3.Oil-Based Coatings
8.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Construction
8.2.2.Oil and Gas
8.2.3.Textile
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Fireproofing Coatings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Water-Based Coatings
9.1.2.Solvent-Borne Coatings
9.1.3.Oil-Based Coatings
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Construction
9.2.2.Oil and Gas
9.2.3.Textile
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
10.Asia Pacific (APAC) Fireproofing Coatings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Water-Based Coatings
10.1.2.Solvent-Borne Coatings
10.1.3.Oil-Based Coatings
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Construction
10.2.2.Oil and Gas
10.2.3.Textile
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Fireproofing Coatings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Water-Based Coatings
11.1.2.Solvent-Borne Coatings
11.1.3.Oil-Based Coatings
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Construction
11.2.2.Oil and Gas
11.2.3.Textile
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Fireproofing Coatings Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Water-Based Coatings
12.1.2.Solvent-Borne Coatings
12.1.3.Oil-Based Coatings
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Construction
12.2.2.Oil and Gas
12.2.3.Textile
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.3M
13.2.2.Akzonobel
13.2.3.Altana Group
13.2.4.Axalta
13.2.5.Basf Coating
13.2.6.Betek
13.2.7.Brillux
13.2.8.Dai Nippon Toryo
13.2.9.DAW
13.2.10.Dulux Group
13.2.11.Hempel
13.2.12.Kansai Paint
14. Research Methodology 
15. Appendix and Abbreviations 
  • 3M
  • Akzonobel
  • Altana Group
  • Axalta
  • Basf Coating
  • Betek
  • Brillux
  • Dai Nippon Toryo
  • DAW
  • Dulux Group
  • Hempel
  • Kansai Paint
  • KCC

Adjacent Markets