Fire Protection Coatings Market Likely to Emerge over by 2025

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Global industry analysis

The Fire Protection Coatings Market is rapidly increasing due to the growing demand for fire-resistant material applications and the increasing implementation of safety standards for buildings. Fire protection coatings are designed to provide insulation from potential fires, protecting the structure and its occupants from heat and flames.

Fire protection coatings ensure that steel constructions remain stable in the event of a fire. Fireproof coatings and cementitious coatings are the two main categories of fireproof coatings. Passive Fire Protection (PFP) coating is another name for intumescent coatings.

The amount of heat transferred to steel is reduced by an intumescent coating that expands when exposed to heat as an insulating protective carbon. PFP coatings are used in the petrochemical and oil and gas industries to protect machinery and critical structures from hydrocarbon hazards such as fire, spills and explosions.

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Intumescent coatings fall into two categories: Cellulosic fire protection products considered the steel components of a building. These coatings contain flammable substances derived from plastics, wood, etc. Hydrocarbon fire protection products are intended for building structures.

These coatings can be exposed to the combustion of combustible substances and substances derived from petroleum substances. Hydrocarbon fireproofing is a solvent-free, intumescent epoxy coating that does not provide a significant amount of char, but the resulting char is denser and can adhere to steel in turbulent fire scenarios.

Global Fire Retardant Coatings Market: Dynamics

The focus is on the introduction of safety and fire-retardant coatings, as increasing industrialization brings with it various risks. Rising revenue and increasing number of construction projects are known to drive the global fire protection coatings market.

The growing demand for fireproof coatings to maintain the integrity of steel structures and demand from various end users such as construction, automotive, aerospace, etc. are the main factors driving the fireproof coatings market. A growing automotive industry due to high demand for automobiles and rising disposable income will help propel the market in the years to come.

Strict government regulations entailing the use of fireproof coatings by various end users such as the oil and gas industry and the chemical industry are also driving the global fireproof coatings market.

An increasing number of construction projects and changing fire protection standards are expected to lead the fire protection coatings market to significant growth. Subsequent environmental impacts and climate change around the world will support the growth of paints and coatings market, which will help create business opportunities for various end users, which will ultimately create opportunities for the global fireproof coatings market.

The introduction of nanotechnology and technological advances are driving the development of new methods to increase the application of surface and fireproof coatings, creating a trend in the global fireproof coatings market.

Technological advances have also contributed to the development of more efficient fire protection coatings, which represents a growth opportunity for the market. However, the use of fireproof coatings has negative impact on the environment and wide application by various end-users can sustain the growth of fireproof coatings market worldwide.

Global Fire Retardant Coatings Market: Segmentation

By product type

  • cement coating

  • Intumescent coating/passive fire protection (PFP)

    • Fire protection from cellulose

    • Hydrocarbon fire protection

By application

  • Aerospace

  • oil and gas

  • Schiff

  • electricity and electronics

  • cars and traffic

  • architecture and construction

  • Textile-

  • furniture

  • Others

Global Fire Retardant Coatings Market: Regional Outlook

Modernization and rapid industrialization will continue to drive demand for fire protection coatings in developing countries as safety regulations already in place in developed countries are adopted.

While fireproof coatings are well established in the European and North American markets, the still developing Asia-Pacific countries hold the second largest market for fireproof coatings due to the increase in infrastructure activities and construction projects.

Global Fire Retardant Coatings Market: Market Players

Examples of some market players in the global fire retardant market are Fire Protection Coatings Limited, Akzo Nobel NV, Sika Limited, 3M, Envirograf, Hempel A/S, Rudolf Hensel GmbH, Pyro-Cote (Pty) Ltd, Dupont, BASF SE , Kansai Paint Co.Ltd, Sherwin-Williams Company, Asian Paints Limited, Diamond Vogel, Chugoku Marine Paints, Ltd and others.

The research report represents a comprehensive assessment of the market, containing reasoned insights, facts, historical data, and statistically backed and industry validated market data. It also includes forecasts using appropriate assumptions and methods. The research report provides analysis and information by market segments such as geography, application, and industry.

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This report is a compilation of first-hand information from industry analysts, qualitative and quantitative assessments, and input from industry experts and industry participants from across the value chain.

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