- Intumescent coatings
- Thin film
- Thick film
- Cementitious coatings
- Cement-based
- Gypsum based
Fireproofing Material Market size was valued at USD 1,527.6 million in 2023 and is Projected to reach USD 2,669.4 million by 2030, growing at a CAGR of 8.3% from 2024 - 2030. Fireproofing materials are materials used to upgrade the fire resistance of structures, materials, or surfaces. These materials can help in reducing heat and possibly a stoppage of flame spread to provide an element of protection against injury caused by fire. In building construction, fireproofing materials are usually applied to increase the fire resistance strength of structures. They are used on the flooring, steel beams, columns, and other structural elements to retard the spread of fire and to allow more time for the occupants to evacuate.
The overall emphasis of the safety regulations and standards laid by industries such as construction, oil and gas, and manufacturing are an important driving factor for this market. The global fireproofing materials market was about $5 billion in 2023. However, with an expected CAGR of around 6% over the next eight years till 2030, the market is expected to extend further. This growth rate is contributed mainly by the increasing fire hazard awareness and the need for effective fire protection solutions both in residential and commercial buildings sectors. The market, however, has high restraints marked by costs attributed to specialized materials and complicated application processes that would hinder some investors from investing in the market.
Opportunities are seen in the identification of new and environmentally friendly fireproofing products with good environmental standards and better sustainability of buildings. Another one is the retrofitting of existing old buildings with modern fireproofing solutions. Many of the old buildings do not meet the new standards set by regulatory compliance for fire protection. Secondly, recent trends depict an increasing demand for intumescent coating and spray-applied fireproofing systems due to their efficiency and applicability. The fireproofing materials market will probably continue to grow at a steady pace as the standards of safety evolve and companies demand more efficient solutions for fire protection.
Study Period
2024 - 2030Base Year
2023CAGR
8.3%Largest Market
North AmericaFastest Growing Market
Asia pacific
The fireproofing materials market is full of several key trends that are putting in direction for its future. Intumescent coatings, expanding on exposure to heat and therefore providing better fire protection without adding any weight to the structure, are extremely popular nowadays. Such property-rich coatings are more and more applied not only during new construction but also in renovation projects. They add aesthetic versatility together with compliance with building codes. Emission-friendly fire-resistant solutions are increasingly in demand due to developing environmental sustainability concerns. Between now and 2023, demand for green fireproofing materials is likely to increase at a compound annual growth rate of 8%, mainly driven by regulation requirements and demand for sustainable green building practices. New technologies for advanced fire-resistant materials, including spray-applied fire-resistant materials, especially ones that make it more convenient for application and are used in structural complexity, are increasingly being developed. Along with this, retrofitting old buildings with modern fireproofing solutions is also taking a significant share, as many old infrastructures need upgrading to keep pace with the safety trends. Above all, these trends reflect a dynamic shift in the fireproofing materials market, emphasizing innovation, sustainability, and compliance with stringent safety regulations.
By Coating Type
By End User
The fireproofing material market was valued at USD 1,527.6 million in 2023 and is expected to grow at a CAGR of 8.3% over the forecast year to reach USD 2,669.4 million in 2030.
The fireproofing material market is growing due to the safety regulations and standards laid by industries such as construction, oil and gas, and manufacturing.
The fireproofing material market is emerging with this trend due to the increasing demand for intumescent coating and spray-applied fireproofing systems due to their efficiency and applicability.
North America is the dominant region in the fireproofing material market.
Asai-Pacific is the fastest-growing region in the fireproofing material market.
1. Executive Summary |
2. Global Fireproofing Material Market Introduction |
2.1. Global Fireproofing Material Market - Taxonomy |
2.2. Global Fireproofing Material Market - Definitions |
2.2.1.Coating Type |
2.2.2.End Users |
2.2.3.Region |
3. Global Fireproofing Material 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 Material 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 Material Market By Coating Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Intumescent 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. Thin film |
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. Thick film |
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 |
5.4. Cementitious coatings |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Cement-based |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Gypsum based |
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
6. Global Fireproofing Material Market By End Users, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Commercial |
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. Industrial |
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. Onshore |
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 |
6.4. Offshore |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Residential |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
7. Global Fireproofing Material 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 Material Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. Coating Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.1.1.Intumescent coatings |
8.1.2.Thin film |
8.1.3.Thick film |
8.1.4.Cementitious coatings |
8.1.5.Cement-based |
8.1.6.Gypsum based |
8.2. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.2.1.Commercial |
8.2.2.Industrial |
8.2.3.Onshore |
8.2.4.Offshore |
8.2.5.Residential |
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 Material Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Coating Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Intumescent coatings |
9.1.2.Thin film |
9.1.3.Thick film |
9.1.4.Cementitious coatings |
9.1.5.Cement-based |
9.1.6.Gypsum based |
9.2. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Commercial |
9.2.2.Industrial |
9.2.3.Onshore |
9.2.4.Offshore |
9.2.5.Residential |
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 |
9.3.6.Rest of EU |
10. Asia Pacific (APAC) Fireproofing Material Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Coating Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Intumescent coatings |
10.1.2.Thin film |
10.1.3.Thick film |
10.1.4.Cementitious coatings |
10.1.5.Cement-based |
10.1.6.Gypsum based |
10.2. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Commercial |
10.2.2.Industrial |
10.2.3.Onshore |
10.2.4.Offshore |
10.2.5.Residential |
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 Material Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Coating Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Intumescent coatings |
11.1.2.Thin film |
11.1.3.Thick film |
11.1.4.Cementitious coatings |
11.1.5.Cement-based |
11.1.6.Gypsum based |
11.2. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Commercial |
11.2.2.Industrial |
11.2.3.Onshore |
11.2.4.Offshore |
11.2.5.Residential |
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 Material Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Coating Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Intumescent coatings |
12.1.2.Thin film |
12.1.3.Thick film |
12.1.4.Cementitious coatings |
12.1.5.Cement-based |
12.1.6.Gypsum based |
12.2. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Commercial |
12.2.2.Industrial |
12.2.3.Onshore |
12.2.4.Offshore |
12.2.5.Residential |
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 (US), |
13.2.2.Akzo Nobel N.V. (Netherlands), |
13.2.3.Isolatek International (US), |
13.2.4.Sika AG (Switzerland), |
13.2.5.Etex Group (Belgium), |
13.2.6.PPG Industries, Inc. (US), |
13.2.7.BASF SE (Germany), |
13.2.8.Carboline (US), |
13.2.9.RPM International Inc. (US), |
13.2.10.Jotun Group (Norway), |
13.2.11.Knauf Insulation (US), |
13.2.12.Hempel Group (Denmark), |
13.2.13.R. Grace & Co. (US), |
13.2.14.Rolf Kuhn GmbH (Germany), |
13.2.15.Ugam Chemicals (India), |
13.2.16.Intumescent Systems Ltd (UK), |
13.2.17.PK Companies (US), |
13.2.18.Flame OFF Coatings Inc. (US), |
13.2.19.Sherwin-Williams Company |
14. Research Methodology |
15. Appendix and Abbreviations |