Fire Protection Coatings, Global, 2024 2030
Digital Technologies are Driving Transformational Growth by Supporting Products with High Temperature Requirements
05-Sep-2024
Global
Market Research
In this research of the global fire protection coatings market, hydrocarbon intumescent, hydrocarbon cementitious, cellulosic intumescent, and cellulosic cementitious coatings are the four main product types analyzed. Different end-use applications for each product type and key technologies are discussed. Applications are quantitatively explained for the four product segments. All regional markets are broken down further into key sub-regions, and four chapters for the four major fire protection coating types cover the respective quantitative and qualitative analysis.
The key end-use industries considered in the study are upstream oil and gas, marine, downstream oil and gas (refining), petrochemicals, chemicals, heavy machinery, power, other industrial construction, commercial construction, and residential construction. The fire protection coatings market is witnessing rising demand for innovative products that demonstrate not only higher fire ratings that translate into longer evacuation times for occupants inside a structure, but also greater sustainability characteristics as well as ease and speed of production.
In the past few years, a considerable rise has occurred in safety awareness implemented to augment the fire safety of buildings and constructions in various sectors, including oil and gas, petrochemicals, chemicals, and allied industries. These industrial applications call for the deployment of predominantly hydrocarbon fire protection coatings that will meet legislative requirements in the long term. Overall, the rising safety standards followed by end-use industries’ fire safety requirements will drive market demand for hydrocarbon fire protection coatings in the next few years.
There is an increasing trend of augmenting the fire safety of critical building structures in various industries such as chemicals, petrochemicals, upstream oil and gas, and petroleum refining, which demonstrates high fire hazard potential. With new advantages associated with novel features of hydrocarbon coatings, such as resistance to damage from impact, abrasion, and vibration caused by deflection of structures during fabrication, transportation, and extreme loading conditions, the demand for hydrocarbon coatings will increase significantly. Low volatile organic compound (VoC) content and LEED (Leadership in Energy and Environment Design) compliance of coatings promoted by the US Green Building Council are also influencing the development of innovative fire protection coatings with premium applications and prices.
This study covers the top global fire protection coating manufacturers and their market shares by revenue for the base year (2023). The market creates growth opportunities for fire protection coating manufacturers, raw material suppliers, end users (considering innovative applications), distributors, and suppliers (considering market penetration and geographic expansion activity). The study period is 2020 to 2030.
Author: Ganesh Jayant Dabholkar
The Impact of the Top 3 Strategic Imperatives on the Fire Protection Coatings Industry
Innovative Business Models
- Fire protection coatings are a paramount—but expensive—component of mitigating fire risk in buildings. Because of the expense involved, all end-use industries are looking for ways to enhance the produce's longevity.
- A way to enhance longevity is to develop high-performance, premium products and test them for durability. However, complementary aftermarket services can also greatly influence the coating's longevity and long-term performance.
Transformative Megatrends
- Sustainable and non-toxic coating chemistries that eliminate toxic smoke emissions in the event of a fire are becoming an increasingly vital criterion for end-use industries. Additionally, a growing need for coatings with extremely thin, lightweight layers that reduce the carbon footprint during production will be crucial to augmenting sustainability.
- Making fire protection coatings cost-effective is another important need.
Disruptive Technologies
- Industrial fires with temperatures exceeding 1,100 degrees Celsius require fire protection coatings that do not compromise on safety and environmental impact.
- Cellulosic and cementitious coatings do not meet the above criterion, posing a challenge for end-use industry applications, especially in the chemical and power industries.
- End-use industries are seeking solutions that will effectively address the challenge of dealing with industrial fires.
Frost Perspective
- End-use industries will increasingly seek services that mitigate the long-term risk and replacement costs associated with damaged or defective coatings. These services primarily include advanced training and certification for coating applicants and inspectors to augment coating repair and maintenance quality. Companies, especially small and mid-sized coating suppliers, increasingly complement their products with services.
- Any supplier that does not offer such services, no matter how good its products are, risks losing out to competitors.
- R&D for low-density, thin, and lightweight fire protection coatings will be a vital focus area for fire protection coating suppliers during the next 5 years. Another focus area will be developing chemistries that eliminate toxic fire smoke discharge and bio-based coatings.
- R&D efforts will considerably increase the sustainability of fire protection coatings and their application.
- Not developed specifically for the above-mentioned needs, companies should assess their current offerings and consider enhancing business advantages in the coatings supply space.
- Fire protection coating manufacturers and raw material suppliers will seek to invest in technology R&D and commercialization to launch coatings that effectively meet this unmet customer need of managing high temperature industrial fires.
- While nanotechnology is the most likely contender to meet the market needs, others could emerge. Companies will need to be alert to any new technology that might offer significant performance improvements over their products in the market.
Competitive Environment
Competitive Environment | Details |
---|---|
Number of Competitors | >100 |
Competitive Factors | Fire evacuation time that applying the coating adds, product longevity, lightweight nature, ease of application, certified product, and applications |
Key End-user Industry Verticals | Upstream oil and gas, marine, downstream, heavy machinery, and construction |
Leading Competitors | AkzoNobel, Jotun, PPG, Sherwin-Williams, Promat, Isolatek, Carboline, and GCP Applied Technologies |
Revenue Share of Top Competitors (2023) | Hydrocarbon Intumescent Coatings (Top 5): 85%–95%; Hydrocarbon Cementitious Coatings (Top 5): 81%–93%; Cellulosic Intumescent Coatings (Top 5): 86%–89%; Cellulosic Cementitious Coatings (Top 3): 86%–88% |
Other Notable Competitors | Contego, Envirograf, Hempel, Albi, and Flame Control Coatings |
Distribution Structure | Fire protection coating distributors, retail sales, and direct sales |
Notable Acquisitions and Mergers | Sika’s acquisition of MBCC Group (2023); Sherwin-Williams’ acquisition of Sika’s European industrial coatings business (2022); Fieldway Group’s acquisition of IPCL (2022) |
Growth Drivers
Driver | 1–2 Years | 3–4 Years | 5–7 Years |
---|---|---|---|
Growth of end-use sectors | High | High | High |
Increasing awareness among end users in the high-growth APAC and MEASA markets | High | High | High |
Changing architectural designs impacting the requirement for intumescent coatings | High | High | Medium |
Increasing preference for coatings with better functional features in the hydrocarbon market | High | High | Medium |
Increasingly stringent environmental regulations driving the adoption of more sustainable products | Medium | High | High |
Penetration of hybrid intumescent coatings and coatings for substrates other than steel in the cellulosic market | Low | Medium | Medium |
Growing need for PFP owing to increasing incidents of wildfires | Low | Low | Low |
Growth Restraints
Restraint | 1–2 Years | 3–4 Years | 5–7 Years |
---|---|---|---|
Growing demand for coatings with reduced thickness | High | High | Medium |
High product testing costs and regulatory uncertainty dampening new product development | Low | Low | Low |
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Fire Protection Coatings Industry
Scope of Analysis
Fire Protection Coatings—Scope and Segmentation
Fire Protection Coatings—Scope and Segmentation (continued)
Value Chain Analysis
Value Chain Analysis (continued)
Value Chain Analysis Discussion
Value Chain Analysis Discussion (continued)
Raw Material Suppliers
Raw Material Suppliers (continued)
Competitive Environment
Product Matrix of Key Competitors
Product Matrix of Key Competitors (continued)
Product Matrix of Key Competitors (continued)
Product Matrix of Key Competitors (continued)
Product Matrix of Key Competitors (continued)
Market Characteristics and Overview
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Restraints
Growth Restraint Analysis
Growth Restraint Analysis (continued)
Forecast Considerations
Revenue and Volume Forecast
Revenue Forecast by Product Type
Volume Forecast by Product Type
Revenue and Volume Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Volume and Revenue Forecast Analysis by Region
Volume and Revenue Forecast Analysis by Region (continued)
Volume and Revenue Forecast Analysis by Region (continued)
Volume and Revenue Forecast Analysis by Region (continued)
Volume and Revenue Forecast Analysis by Region (continued)
Volume and Revenue Forecast Analysis by Region (continued)
Volume and Revenue Forecast Analysis by Region (continued)
Volume and Revenue Forecast Analysis by Region (continued)
Volume and Revenue Forecast Analysis by Region (continued)
Volume and Revenue Forecast Analysis by Region (continued)
Volume and Revenue Forecast Analysis by Region (continued)
Volume and Revenue Forecast Analysis by Region (continued)
Average Price Forecast
Pricing Trends and Forecast Analysis—Fire Protection Coatings Market
Revenue Share—Hydrocarbon Coatings
Revenue Share—Cellulosic Coatings
Revenue Share Analysis
Segment Characteristics and Overview
Growth Metrics
Revenue and Volume Forecast
Revenue Forecast by Region
Volume Forecast by Region
Revenue Forecast by Chemistry
Forecast Analysis
Revenue Forecast by End Industry
Volume Forecast by End Industry
Forecast Analysis by End Industry
Percent Volume Forecast by Location
Forecast Analysis by Location
Segment Characteristics and Overview
Growth Metrics
Revenue and Volume Forecast
Revenue Forecast by Region
Volume Forecast by Region
Revenue Forecast by Product Type
Forecast Analysis
Revenue Forecast by End Industry
Volume Forecast by End Industry
Forecast Analysis by End Industry
Segment Characteristics and Overview
Growth Metrics
Revenue and Volume Forecast
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis
Percent Volume Forecast by Product Type
Revenue Forecast by End Industry
Volume Forecast by End Industry
Forecast Analysis by End Industry
Segment Characteristics and Overview
Growth Metrics
Revenue and Volume Forecast
Revenue Forecast by Region
Volume Forecast by Region
Revenue Forecast by Product Type
Forecast Analysis
Forecast Analysis (continued)
Revenue Forecast by End Industry
Volume Forecast by End Industry
Forecast Analysis by End Industry
Growth Opportunity 1—Provide Robust Technical Support
Growth Opportunity 1—Provide Robust Technical Support (continued)
Growth Opportunity 2—Develop Sustainable Chemistries
Growth Opportunity 2—Develop Sustainable Chemistries (continued)
Growth Opportunity 3—Leverage New Technology to Develop High-performance Products
Growth Opportunity 3—Leverage New Technology to Develop High-performance Products (continued)
Best Practices Recognition
Frost Radar
Benefits and Impacts of Growth Opportunities
Next Steps
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer

- Fire Protection Coatings Market: Value Chain Scenarios, Global, 2023
- Fire Protection Coatings Market: Key Stakeholders in the Value Chain, Global, 2023
- Fire Protection Coatings Market: Product Matrix of Key Competitors, Global, 2023
- Fire Protection Coatings Market: Growth Metrics, Global, 2023
- Fire Protection Coatings Market: Growth Drivers, Global, 2024–2030
- Oil and Gas Rig Count, Global, 2020 to 2023
- Construction Spending, 2020–2023, and Forecast, 2024–2035, Worldwide
- Fire Protection Coatings Market: Growth Restraints, Global, 2024–2030
- Fire Protection Coatings Market: Summary of Drivers and Restraints, Global, 2023–2030
- Fire Protection Coatings Market: Revenue and Volume Forecast, Global, 2020–2030
- Fire Protection Coatings Market: Revenue Forecast by Product Type, Global, 2020–2030
- Fire Protection Coatings Market: Volume Forecast by Product Type, Global, 2020–2030
- Fire Protection Coatings Market: Revenue Forecast by Region, 2020–2030
- Fire Protection Coatings Market: Volume Forecast by Region, 2020–2030
- Hydrocarbon Fire Protection Coatings: Percent Volume Shipment by Sub-region, Americas, 2023
- Hydrocarbon Fire Protection Coatings: Percent Volume Shipment by Sub-region, Americas, 2030
- Cellulosic Fire Protection Coatings: Percent Volume Shipment by Sub-region, Americas, 2023
- Cellulosic Fire Protection Coatings: Percent Volume Shipment by Sub-region, Americas, 2030
- Hydrocarbon Fire Protection Coatings: Percent Volume Shipment by Sub-region, Europe, 2023
- Hydrocarbon Fire Protection Coatings: Percent Volume Shipment by Sub-region, Europe, 2030
- Cellulosic Fire Protection Coatings: Percent Volume Shipment by Sub-region, Europe, 2023
- Cellulosic Fire Protection Coatings: Percent Volume Shipment by Sub-region, Europe, 2030
- Hydrocarbon Fire Protection Coatings: Percent Volume Shipment by Sub-region, APAC, 2023
- Hydrocarbon Fire Protection Coatings: Percent Volume Shipment by Sub-region, APAC, 2030
- Cellulosic Fire Protection Coatings: Percent Volume Shipment by Sub-region, APAC, 2023
- Cellulosic Fire Protection Coatings: Percent Volume Shipment by Sub-region, APAC, 2030
- Hydrocarbon Fire Protection Coatings: Percent Volume Shipment by Sub-region, MEASA, 2023
- Hydrocarbon Fire Protection Coatings: Percent Volume Shipment by Sub-region, MEASA, 2030
- Cellulosic Fire Protection Coatings: Percent Volume Shipment by Sub-region, MEASA, 2023
- Cellulosic Fire Protection Coatings: Percent Volume Shipment by Sub-region, MEASA, 2030
- Fire Protection Coatings Market: Average Price Forecast, Global, 2020–2030
- Hydrocarbon Intumescent Coatings Market: Market Share, 2023
- Hydrocarbon Cementitious Coatings Market: Market Share, 2023
- Cellulosic Intumescent Coatings Market: Market Share, 2023
- Cellulosic Cementitious Coatings Market: Market Share, 2023
- Fire Protection Coatings Market: Product Matrix of Key Competitors, Global, 2023
- Hydrocarbon Intumescent Coatings: Growth Metrics, Global, 2023
- Hydrocarbon Intumescent Coatings: Revenue and Volume Forecast, Global, 2020–2030
- Hydrocarbon Intumescent Coatings: Revenue Forecast by Region, 2020–2030
- Hydrocarbon Intumescent Coatings: Volume Forecast by Region, 2020–2030
- Hydrocarbon Intumescent Coatings Market: Revenue by Chemistry, Global, 2023
- Hydrocarbon Intumescent Coatings Market: Revenue by Chemistry, Global, 2030
- Hydrocarbon Intumescent Coatings: Revenue Forecast by End Industry, Global, 2020–2030
- Hydrocarbon Intumescent Coatings: Volume Forecast by End Industry, Global, 2020–2030
- Hydrocarbon Intumescent Coatings Market: Revenue by Location, Global, 2023
- Hydrocarbon Intumescent Coatings Market: Revenue by Location, Global, 2030
- Hydrocarbon Cementitious Coatings: Growth Metrics, Global, 2023
- Hydrocarbon Cementitious Coatings: Revenue and Volume Forecast, Global, 2020–2030
- Hydrocarbon Cementitious Coatings: Revenue Forecast by Region, 2020–2030
- Hydrocarbon Cementitious Coatings: Volume Forecast by Region, 2020–2030
- Hydrocarbon Cementitious Coatings Market: Volume by Chemistry, Global, 2023
- Hydrocarbon Cementitious Coatings Market: Volume by Chemistry, Global, 2030
- Hydrocarbon Cementitious Coatings: Revenue Forecast by End Industry, Global, 2020–2030
- Hydrocarbon Cementitious Coatings: Volume Forecast by End Industry, Global, 2020–2030
- Cellulosic Intumescent Coatings: Growth Metrics, Global, 2023
- Cellulosic Intumescent Coatings: Revenue and Volume Forecast, Global, 2020–2030
- Cellulosic Intumescent Coatings: Revenue Forecast by Region, 2020–2030
- Cellulosic Intumescent Coatings: Volume Forecast by Region, 2020–2030
- Cellulosic Intumescent Market: Percent Volume by Technology, Global, 2023
- Cellulosic Intumescent Market: Percent Volume by Technology, Global, 2030
- Cellulosic Intumescent Coatings: Revenue Forecast by End Industry, Global, 2020–2030
- Cellulosic Intumescent Coatings: Volume Forecast by End Industry, Global, 2020–2030
- Cellulosic Cementitious Coatings: Growth Metrics, Global, 2023
- Cellulosic Cementitious Coatings: Revenue and Volume Forecast, Global, 2020–2030
- Cellulosic Cementitious Coatings: Revenue Forecast by Region, 2020–2030
- Cellulosic Cementitious Coatings: Volume Forecast by Region, 2020–2030
- Cellulosic Cementitious Coatings Market: Volume by Chemistry, Global, 2023
- Cellulosic Cementitious Coatings Market: Volume by Chemistry, Global, 2030
- Cellulosic Cementitious Coatings: Revenue Forecast by End Industry, Global, 2020–2030
- Cellulosic Cementitious Coatings: Volume Forecast by End Industry, Global, 2020–2030
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Deliverable Type | Market Research |
---|---|
Author | Ganesh Jayant Dabholkar |
Industries | Chemicals and Materials |
No Index | No |
Is Prebook | No |
Keyword 1 | Fire Protection Coatings Market, |
Keyword 2 | Global Coatings Industry |
List of Charts and Figures | Fire Protection Coatings Market: Value Chain Scenarios, Global, 2023~ Fire Protection Coatings Market: Key Stakeholders in the Value Chain, Global, 2023~ Fire Protection Coatings Market: Product Matrix of Key Competitors, Global, 2023~ Fire Protection Coatings Market: Growth Metrics, Global, 2023~ Fire Protection Coatings Market: Growth Drivers, Global, 2024–2030~ Oil and Gas Rig Count, Global, 2020 to 2023~ Construction Spending, 2020–2023, and Forecast, 2024–2035, Worldwide~ Fire Protection Coatings Market: Growth Restraints, Global, 2024–2030~ Fire Protection Coatings Market: Summary of Drivers and Restraints, Global, 2023–2030~ Fire Protection Coatings Market: Revenue and Volume Forecast, Global, 2020–2030~ Fire Protection Coatings Market: Revenue Forecast by Product Type, Global, 2020–2030~ Fire Protection Coatings Market: Volume Forecast by Product Type, Global, 2020–2030~ Fire Protection Coatings Market: Revenue Forecast by Region, 2020–2030~ Fire Protection Coatings Market: Volume Forecast by Region, 2020–2030~ Hydrocarbon Fire Protection Coatings: Percent Volume Shipment by Sub-region, Americas, 2023~ Hydrocarbon Fire Protection Coatings: Percent Volume Shipment by Sub-region, Americas, 2030~ Cellulosic Fire Protection Coatings: Percent Volume Shipment by Sub-region, Americas, 2023~ Cellulosic Fire Protection Coatings: Percent Volume Shipment by Sub-region, Americas, 2030~ Hydrocarbon Fire Protection Coatings: Percent Volume Shipment by Sub-region, Europe, 2023~ Hydrocarbon Fire Protection Coatings: Percent Volume Shipment by Sub-region, Europe, 2030~ Cellulosic Fire Protection Coatings: Percent Volume Shipment by Sub-region, Europe, 2023~ Cellulosic Fire Protection Coatings: Percent Volume Shipment by Sub-region, Europe, 2030~ Hydrocarbon Fire Protection Coatings: Percent Volume Shipment by Sub-region, APAC, 2023~ Hydrocarbon Fire Protection Coatings: Percent Volume Shipment by Sub-region, APAC, 2030~ Cellulosic Fire Protection Coatings: Percent Volume Shipment by Sub-region, APAC, 2023~ Cellulosic Fire Protection Coatings: Percent Volume Shipment by Sub-region, APAC, 2030~ Hydrocarbon Fire Protection Coatings: Percent Volume Shipment by Sub-region, MEASA, 2023~ Hydrocarbon Fire Protection Coatings: Percent Volume Shipment by Sub-region, MEASA, 2030~ Cellulosic Fire Protection Coatings: Percent Volume Shipment by Sub-region, MEASA, 2023~ Cellulosic Fire Protection Coatings: Percent Volume Shipment by Sub-region, MEASA, 2030~ Fire Protection Coatings Market: Average Price Forecast, Global, 2020–2030~ Hydrocarbon Intumescent Coatings Market: Market Share, 2023~ Hydrocarbon Cementitious Coatings Market: Market Share, 2023~ Cellulosic Intumescent Coatings Market: Market Share, 2023~ Cellulosic Cementitious Coatings Market: Market Share, 2023~ Fire Protection Coatings Market: Product Matrix of Key Competitors, Global, 2023~ Hydrocarbon Intumescent Coatings: Growth Metrics, Global, 2023~ Hydrocarbon Intumescent Coatings: Revenue and Volume Forecast, Global, 2020–2030~ Hydrocarbon Intumescent Coatings: Revenue Forecast by Region, 2020–2030~ Hydrocarbon Intumescent Coatings: Volume Forecast by Region, 2020–2030~ Hydrocarbon Intumescent Coatings Market: Revenue by Chemistry, Global, 2023~ Hydrocarbon Intumescent Coatings Market: Revenue by Chemistry, Global, 2030~ Hydrocarbon Intumescent Coatings: Revenue Forecast by End Industry, Global, 2020–2030~ Hydrocarbon Intumescent Coatings: Volume Forecast by End Industry, Global, 2020–2030~ Hydrocarbon Intumescent Coatings Market: Revenue by Location, Global, 2023~ Hydrocarbon Intumescent Coatings Market: Revenue by Location, Global, 2030~ Hydrocarbon Cementitious Coatings: Growth Metrics, Global, 2023~ Hydrocarbon Cementitious Coatings: Revenue and Volume Forecast, Global, 2020–2030~ Hydrocarbon Cementitious Coatings: Revenue Forecast by Region, 2020–2030~ Hydrocarbon Cementitious Coatings: Volume Forecast by Region, 2020–2030~ Hydrocarbon Cementitious Coatings Market: Volume by Chemistry, Global, 2023~ Hydrocarbon Cementitious Coatings Market: Volume by Chemistry, Global, 2030~ Hydrocarbon Cementitious Coatings: Revenue Forecast by End Industry, Global, 2020–2030~ Hydrocarbon Cementitious Coatings: Volume Forecast by End Industry, Global, 2020–2030~ Cellulosic Intumescent Coatings: Growth Metrics, Global, 2023~ Cellulosic Intumescent Coatings: Revenue and Volume Forecast, Global, 2020–2030~ Cellulosic Intumescent Coatings: Revenue Forecast by Region, 2020–2030~ Cellulosic Intumescent Coatings: Volume Forecast by Region, 2020–2030~ Cellulosic Intumescent Market: Percent Volume by Technology, Global, 2023~ Cellulosic Intumescent Market: Percent Volume by Technology, Global, 2030~ Cellulosic Intumescent Coatings: Revenue Forecast by End Industry, Global, 2020–2030~ Cellulosic Intumescent Coatings: Volume Forecast by End Industry, Global, 2020–2030~ Cellulosic Cementitious Coatings: Growth Metrics, Global, 2023~ Cellulosic Cementitious Coatings: Revenue and Volume Forecast, Global, 2020–2030~ Cellulosic Cementitious Coatings: Revenue Forecast by Region, 2020–2030~ Cellulosic Cementitious Coatings: Volume Forecast by Region, 2020–2030~ Cellulosic Cementitious Coatings Market: Volume by Chemistry, Global, 2023~ Cellulosic Cementitious Coatings Market: Volume by Chemistry, Global, 2030~ Cellulosic Cementitious Coatings: Revenue Forecast by End Industry, Global, 2020–2030~ Cellulosic Cementitious Coatings: Volume Forecast by End Industry, Global, 2020–2030~ |
Podcast | No |
Predecessor | MG35-01-00-00-00 |
WIP Number | PFOB-01-00-00-00 |