The fireproofing materials market size has grown rapidly in recent years. It will grow from $1.21 billion in 2024 to $1.39 billion in 2025 at a compound annual growth rate (CAGR) of 15.5%. The growth in the historic period can be attributed to compliance with building regulations, increased high-rise construction, increased fire safety awareness, increased industrial and commercial development, insurance industry requirements.
The fireproofing materials market size is expected to see rapid growth in the next few years. It will grow to $2.49 billion in 2029 at a compound annual growth rate (CAGR) of 15.6%. The growth in the forecast period can be attributed to increasing climate change adaptation, increasing advanced fire-resistant coatings, increasing infrastructure development, growing retrofitting existing buildings, high-performance insulation. Major trends in the forecast period include sustainable and eco-friendly fireproofing, smart fireproofing systems, innovative fireproofing materials, data center and critical infrastructure protection, regulatory compliance and certification.
The increasing incidence of fire accidents is a significant driver of growth in the fireproofing materials market. Fire accidents are unexpected and sudden events that can cause severe injuries and property damage. The rise in fire accident rates is generating demand for fireproofing materials across various end-use industries. For example, in April 2024, GOV.UK, the official UK government website, reported that in December 2023, there were 269 fire-related fatalities resulting from 250 fatal fires, up from 257 fatalities in 238 fatal fires the previous year. Consequently, the growing number of fire accidents is fueling the expansion of the fireproofing materials market.
The anticipated growth of the construction industry is expected to boost the fireproofing materials market in the future. The construction industry involves the planning, development, and maintenance of physical structures and infrastructure through the use of labor, materials, and equipment. Fireproofing materials are crucial in this sector, as they protect structural elements and surfaces, helping to prevent the spread of fires and enhancing the safety of both buildings and their occupants. For example, in June 2023, Construction Digital, a UK-based platform that connects various construction brands, reported that the UK construction industry is projected to grow by 12% in 2024, with an additional 3% increase anticipated in 2025. Thus, the expansion of the construction industry is driving the demand for fireproofing materials.
A notable trend gaining traction in the fireproofing materials market is the emergence of new product launches. This trend is instrumental in enhancing user safety against fire-related risks. Major companies within the fireproofing materials sector are actively engaged in the development of advanced fireproofing materials as a strategic move to fortify their market position. For instance, in April 2022, Henkel AG & Co. KGaA, a Germany-based consumer goods and chemicals company, introduced innovative fire protection products - Loctite EA 9400 and Loctite FPC 5060 - designed for safer electric vehicle (EV) batteries. These coatings serve to prevent and impede the spread of fires when applied to battery packs, ensuring the safety of passengers during emergency situations. The effective and cost-efficient application techniques make these products conducive to optimizing battery production while maintaining high safety standards.
Key players in the fireproofing materials market are introducing lightweight fire-resistant products, such as Intumescent Coatings, to improve fire resistance for electric vehicle (EV) batteries. One example is FR1500, a lightweight fire-resistant material with a density of 1.28 g/cm³. For instance, in June 2024, PPG, a US-based global supplier of paints, coatings, and specialty materials, launched PPG STEELGUARD 951. This new fire-resistant material is an intumescent fire protection coating designed for structural steel, offering up to 120 minutes of fire resistance. It is a high-performance solution specifically formulated to protect steel structures in commercial and industrial buildings during a fire, allowing them to maintain their integrity for extended periods under extreme heat. STEELGUARD 951 provides a thin, durable coating that expands when exposed to heat, forming an insulating barrier that delays the steel from reaching critical temperatures, thereby enhancing safety and building resilience.
In August 2023, SK Capital Partners LP, a France-based investment firm, acquired ISOLATEK International for an undisclosed amount. This acquisition is intended to enhance fire safety standards and expand SK Capital Partners LP's global presence while fostering innovation and expanding its offerings in passive fire protection technologies. ISOLATEK International is a US-based global provider of passive fireproofing materials.
Major companies operating in the fireproofing materials market include 3M Company, Akzo Nobel N.V., BASF SE, Etex Group, FlameOFF Coatings Inc., Intumescent Systems Ltd., Isolatek International, Jotun Group, PK Companies, PPG Industries Inc., ROCKWOOL International A/S, RPM International Inc., Sika Services AG, Albi Protective Coatings, Alsey Refractories Co., Carboline Pvt. Ltd., Chartek New Zealand, Firetherm Ltd., Flame Control Coatings, Grace Construction Co., Hempel AS, Hilti Corp., International Fireproof Technology Inc., Leighs Paints Co. Ltd., Monokote, Nullifire Ltd., Promat International, Pyro-Cote Corporation, Sherwin-Williams Co., Specified Technologies Inc.
The fireproofing materials market comprises the sales of materials designed to limit the growth and spread of fire, providing protection for firefighters and facilitating safe evacuation for occupants. These materials are resistant to fire, serving to safeguard critical structures until the fire is brought under control. They are either applied or embedded in structures to enhance stability and compartmentalize buildings into manageable risk areas.
The primary product categories in fireproofing materials include intumescent coatings, thin-film coatings, and thick film coatings. Intumescent coatings, for instance, contain sodium silicates in their composition, thickening under high heat conditions to form a heat barrier. These coatings are applied to substrates such as metal and wood, and the technology involved includes both solvent-borne and water-borne solutions. Fireproofing materials find applications across various industries, including energy and power, manufacturing, oil and gas, petrochemicals, transportation, logistics, and others.
The fireproofing market research report is one of a series of new reports that provides fireproofing market statistics, including fireproofing industry global market size, regional shares, competitors with a fireproofing market share, detailed fireproofing market segments, market trends, and opportunities, and any further data you may need to thrive in the fireproofing industry. This fireproofing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
North America was the largest region in the fireproofing materials market in 2024. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the fireproofing materials market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The countries covered in the fireproofing materials market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The fireproofing materials market consists of sales of fireproofing materials such as gypsum plasters and pyrocrete 241. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The fireproofing materials market size is expected to see rapid growth in the next few years. It will grow to $2.49 billion in 2029 at a compound annual growth rate (CAGR) of 15.6%. The growth in the forecast period can be attributed to increasing climate change adaptation, increasing advanced fire-resistant coatings, increasing infrastructure development, growing retrofitting existing buildings, high-performance insulation. Major trends in the forecast period include sustainable and eco-friendly fireproofing, smart fireproofing systems, innovative fireproofing materials, data center and critical infrastructure protection, regulatory compliance and certification.
The increasing incidence of fire accidents is a significant driver of growth in the fireproofing materials market. Fire accidents are unexpected and sudden events that can cause severe injuries and property damage. The rise in fire accident rates is generating demand for fireproofing materials across various end-use industries. For example, in April 2024, GOV.UK, the official UK government website, reported that in December 2023, there were 269 fire-related fatalities resulting from 250 fatal fires, up from 257 fatalities in 238 fatal fires the previous year. Consequently, the growing number of fire accidents is fueling the expansion of the fireproofing materials market.
The anticipated growth of the construction industry is expected to boost the fireproofing materials market in the future. The construction industry involves the planning, development, and maintenance of physical structures and infrastructure through the use of labor, materials, and equipment. Fireproofing materials are crucial in this sector, as they protect structural elements and surfaces, helping to prevent the spread of fires and enhancing the safety of both buildings and their occupants. For example, in June 2023, Construction Digital, a UK-based platform that connects various construction brands, reported that the UK construction industry is projected to grow by 12% in 2024, with an additional 3% increase anticipated in 2025. Thus, the expansion of the construction industry is driving the demand for fireproofing materials.
A notable trend gaining traction in the fireproofing materials market is the emergence of new product launches. This trend is instrumental in enhancing user safety against fire-related risks. Major companies within the fireproofing materials sector are actively engaged in the development of advanced fireproofing materials as a strategic move to fortify their market position. For instance, in April 2022, Henkel AG & Co. KGaA, a Germany-based consumer goods and chemicals company, introduced innovative fire protection products - Loctite EA 9400 and Loctite FPC 5060 - designed for safer electric vehicle (EV) batteries. These coatings serve to prevent and impede the spread of fires when applied to battery packs, ensuring the safety of passengers during emergency situations. The effective and cost-efficient application techniques make these products conducive to optimizing battery production while maintaining high safety standards.
Key players in the fireproofing materials market are introducing lightweight fire-resistant products, such as Intumescent Coatings, to improve fire resistance for electric vehicle (EV) batteries. One example is FR1500, a lightweight fire-resistant material with a density of 1.28 g/cm³. For instance, in June 2024, PPG, a US-based global supplier of paints, coatings, and specialty materials, launched PPG STEELGUARD 951. This new fire-resistant material is an intumescent fire protection coating designed for structural steel, offering up to 120 minutes of fire resistance. It is a high-performance solution specifically formulated to protect steel structures in commercial and industrial buildings during a fire, allowing them to maintain their integrity for extended periods under extreme heat. STEELGUARD 951 provides a thin, durable coating that expands when exposed to heat, forming an insulating barrier that delays the steel from reaching critical temperatures, thereby enhancing safety and building resilience.
In August 2023, SK Capital Partners LP, a France-based investment firm, acquired ISOLATEK International for an undisclosed amount. This acquisition is intended to enhance fire safety standards and expand SK Capital Partners LP's global presence while fostering innovation and expanding its offerings in passive fire protection technologies. ISOLATEK International is a US-based global provider of passive fireproofing materials.
Major companies operating in the fireproofing materials market include 3M Company, Akzo Nobel N.V., BASF SE, Etex Group, FlameOFF Coatings Inc., Intumescent Systems Ltd., Isolatek International, Jotun Group, PK Companies, PPG Industries Inc., ROCKWOOL International A/S, RPM International Inc., Sika Services AG, Albi Protective Coatings, Alsey Refractories Co., Carboline Pvt. Ltd., Chartek New Zealand, Firetherm Ltd., Flame Control Coatings, Grace Construction Co., Hempel AS, Hilti Corp., International Fireproof Technology Inc., Leighs Paints Co. Ltd., Monokote, Nullifire Ltd., Promat International, Pyro-Cote Corporation, Sherwin-Williams Co., Specified Technologies Inc.
The fireproofing materials market comprises the sales of materials designed to limit the growth and spread of fire, providing protection for firefighters and facilitating safe evacuation for occupants. These materials are resistant to fire, serving to safeguard critical structures until the fire is brought under control. They are either applied or embedded in structures to enhance stability and compartmentalize buildings into manageable risk areas.
The primary product categories in fireproofing materials include intumescent coatings, thin-film coatings, and thick film coatings. Intumescent coatings, for instance, contain sodium silicates in their composition, thickening under high heat conditions to form a heat barrier. These coatings are applied to substrates such as metal and wood, and the technology involved includes both solvent-borne and water-borne solutions. Fireproofing materials find applications across various industries, including energy and power, manufacturing, oil and gas, petrochemicals, transportation, logistics, and others.
The fireproofing market research report is one of a series of new reports that provides fireproofing market statistics, including fireproofing industry global market size, regional shares, competitors with a fireproofing market share, detailed fireproofing market segments, market trends, and opportunities, and any further data you may need to thrive in the fireproofing industry. This fireproofing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
North America was the largest region in the fireproofing materials market in 2024. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the fireproofing materials market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The countries covered in the fireproofing materials market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The fireproofing materials market consists of sales of fireproofing materials such as gypsum plasters and pyrocrete 241. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Fireproofing Materials Market Characteristics3. Fireproofing Materials Market Trends And Strategies4. Fireproofing Materials Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market32. Global Fireproofing Materials Market Competitive Benchmarking And Dashboard33. Key Mergers And Acquisitions In The Fireproofing Materials Market34. Recent Developments In The Fireproofing Materials Market
5. Global Fireproofing Materials Growth Analysis And Strategic Analysis Framework
6. Fireproofing Materials Market Segmentation
7. Fireproofing Materials Market Regional And Country Analysis
8. Asia-Pacific Fireproofing Materials Market
9. China Fireproofing Materials Market
10. India Fireproofing Materials Market
11. Japan Fireproofing Materials Market
12. Australia Fireproofing Materials Market
13. Indonesia Fireproofing Materials Market
14. South Korea Fireproofing Materials Market
15. Western Europe Fireproofing Materials Market
16. UK Fireproofing Materials Market
17. Germany Fireproofing Materials Market
18. France Fireproofing Materials Market
19. Italy Fireproofing Materials Market
20. Spain Fireproofing Materials Market
21. Eastern Europe Fireproofing Materials Market
22. Russia Fireproofing Materials Market
23. North America Fireproofing Materials Market
24. USA Fireproofing Materials Market
25. Canada Fireproofing Materials Market
26. South America Fireproofing Materials Market
27. Brazil Fireproofing Materials Market
28. Middle East Fireproofing Materials Market
29. Africa Fireproofing Materials Market
30. Fireproofing Materials Market Competitive Landscape And Company Profiles
31. Fireproofing Materials Market Other Major And Innovative Companies
35. Fireproofing Materials Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Fireproofing Materials Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on fireproofing materials market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for fireproofing materials ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The fireproofing materials market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Intumescent Coatings; Thin Film; Thick Film2) By Substrates: Metal; Wood
3) By Technology: Solvent-Borne; Water-Borne
4) By End-User: Energy And Power; Manufacturing; Oil And Gas; Petrochemical; Transportation And Logistics Industries; Other End-Users
Subsegments:
1) By Intumescent Coatings: Water-Based Intumescent Coatings; Solvent-Based Intumescent Coatings2) By Thin Film: Thin Film Fire-Resistive Coatings; Spray-Applied Thin Film Coatings
3) By Thick Film: Cementitious Thick Film Coatings; Spray-Applied Thick Film Coatings
Key Companies Mentioned: 3M Company; Akzo Nobel N.V.; BASF SE; Etex Group; FlameOFF Coatings Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- 3M Company
- Akzo Nobel N.V.
- BASF SE
- Etex Group
- FlameOFF Coatings Inc.
- Intumescent Systems Ltd.
- Isolatek International
- Jotun Group
- PK Companies
- PPG Industries Inc.
- ROCKWOOL International A/S
- RPM International Inc.
- Sika Services AG
- Albi Protective Coatings
- Alsey Refractories Co.
- Carboline Pvt. Ltd.
- Chartek New Zealand
- Firetherm Ltd.
- Flame Control Coatings
- Grace Construction Co.
- Hempel AS
- Hilti Corp.
- International Fireproof Technology Inc.
- Leighs Paints Co. Ltd.
- Monokote
- Nullifire Ltd.
- Promat International
- Pyro-Cote Corporation
- Sherwin-Williams Co.
- Specified Technologies Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | January 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 1.39 Billion |
| Forecasted Market Value ( USD | $ 2.49 Billion |
| Compound Annual Growth Rate | 15.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 30 |
