Global Passive Fire Protection Coatings Market to Reach $9.5 Billion by 2030
The global market for Passive Fire Protection Coatings estimated at US$5.3 Billion in the year 2022, is projected to reach a revised size of US$9.5 Billion by 2030, growing at a CAGR of 7.7% over the analysis period 2022-2030.
The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 11.9% CAGR
The Passive Fire Protection Coatings market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2030 trailing a CAGR of 11.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.Select Competitors (Total 83 Featured) -
- Akzo Nobel NV
- Carboline Company
- Hempel A/S
- Jotun Group
- Kansai Paint Co. Ltd.
- Nippon Paint Co. Ltd.
- No-Burn Inc.
- PPG Industries Inc.
- Svt Holding GmbH
- Teknos Group
- The Sherwin-Williams Company
- Tremco illbruck Group GmbH
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Passive Fire Protection (PFP) Coatings: A Prelude
- Recent Market Activity
- PFP Coatings - Key Enablers of Structural Fire Protection Strategies
- Structural Applications Gradually Shift from Concrete Encasement to Advanced PFP Materials
- Future Prospects Remain Favorable for PFP Coatings
- Developed Regions Remain Primary Revenue Contributors
- Building Codes & Fire Safety Regulations Fuel Adoption in Developed Regions
- Robust Opportunities in Asia-Pacific & Other Developing Regions
- Passive Fire Protection Coatings - Global Key Competitors Percentage Market Share in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
- AkzoNobel N.V. (Netherlands)
- Hempel A/S (Denmark)
- Jotun Group (Norway)
- Kansai Paint Co., Ltd. (Japan)
- Nippon Paint Co., Ltd. (Japan)
- No-Burn, Inc. (USA)
- PPG Industries, Inc. (USA)
- Promat International NV (Belgium)
- RPM International, Inc. (USA)
- Carboline Company (USA)
- tremco illbruck Group GmbH (Germany)
- Svt Holding GmbH (Germany)
- Teknos Group (Finland)
- The Sherwin-Williams Company (USA)
3. MARKET TRENDS & DRIVERS
- Material Advancements & Technology Innovations Augment Market Prospects
- A Review of Select New PFP Coating Products & PFP Material Innovations
- AkzoNobel' Sikkens Fire Protection Coating for Wooden Building Facades
- Hempel's Hempafire Pro 315 PFP Coating
- PPG's PPG PITT-CHAR NX Epoxy Intumescent Coating
- Carboline's Thermo-Sorb 263 & Thermo-Sorb E VOC Compliant Intumescent Coatings
- Chartek® Epoxy Passive Fire Protection Solutions - A Comprehensive Offering to the PFP Sector
- Mesh-Free Jotachar JF750 Eliminates Complex Mesh Reinforced Systems in PFP Applications
- Hybrid Intumescent Coatings Address Application Challenges
- Eggshell-based Coatings Exhibit Superior Fire Protective Performance
- Intumescent Materials - A Safety Shield for Steel Structures
- Intumescent Coatings Address Fire-Loads of Varying Degrees
- Growing Popularity of Intumescent Coatings across Various Sectors
- Emerging Markets Drive Growth
- Epoxy Resins to See Sizable Growth
- Water-based Intumescent Coatings Find Greater Adoption
- Raw Material Supply Issues - A Bone of Contention for Intumescent Coatings
- Compulsion for Regular Maintenance
- Construction Industry - Primary Consumer of PFP Coatings
- Heightened Awareness of Safety & Security - Key Driver for Construction-Grade PFP Coatings
- Construction Industry Dynamics Favor Market Expansion
- Population Growth and Urbanization Drive Construction Spending
- Oil & Gas Refineries Emerge as a Growing Target Market
- Increasing Investments in Off Shore Oil & Gas Exploration to Fuel Growth
- Growing Shale Gas Production to Enhance Growth Opportunities
- Novel Opportunities in Automotive & Transportation Verticals
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 2: World Historic Review for Passive Fire Protection Coatings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 3: World 16-Year Perspective for Passive Fire Protection Coatings by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
- Table 4: World Passive Fire Protection Coatings Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
UNITED STATES
- Passive Fire Protection Coatings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 5: USA Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 6: USA Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
CANADA
- Table 7: Canada Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 8: Canada Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
JAPAN
- Passive Fire Protection Coatings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 9: Japan Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 10: Japan Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
CHINA
- Passive Fire Protection Coatings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 11: China Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 12: China Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
EUROPE
- Passive Fire Protection Coatings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 13: Europe Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 14: Europe Historic Review for Passive Fire Protection Coatings by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 15: Europe 16-Year Perspective for Passive Fire Protection Coatings by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2023 & 2030
FRANCE
- Passive Fire Protection Coatings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 16: France Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 17: France Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
GERMANY
- Passive Fire Protection Coatings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 18: Germany Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 19: Germany Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
ITALY
- Table 20: Italy Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 21: Italy Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
UNITED KINGDOM
- Passive Fire Protection Coatings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 22: UK Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 23: UK Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
SPAIN
- Table 24: Spain Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 25: Spain Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
RUSSIA
- Table 26: Russia Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 27: Russia Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
REST OF EUROPE
- Table 28: Rest of Europe Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 29: Rest of Europe Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
ASIA-PACIFIC
- Passive Fire Protection Coatings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 30: Asia-Pacific Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 31: Asia-Pacific Historic Review for Passive Fire Protection Coatings by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 32: Asia-Pacific 16-Year Perspective for Passive Fire Protection Coatings by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2023 & 2030
AUSTRALIA
- Passive Fire Protection Coatings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
- Table 33: Australia Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 34: Australia Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
INDIA
- Passive Fire Protection Coatings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
- Table 35: India Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 36: India Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
SOUTH KOREA
- Table 37: South Korea Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 38: South Korea Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
REST OF ASIA-PACIFIC
- Table 39: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 40: Rest of Asia-Pacific Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
LATIN AMERICA
- Passive Fire Protection Coatings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
- Table 41: Latin America Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 42: Latin America Historic Review for Passive Fire Protection Coatings by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 43: Latin America 16-Year Perspective for Passive Fire Protection Coatings by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2014, 2023 & 2030
ARGENTINA
- Table 44: Argentina Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 45: Argentina Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
BRAZIL
- Table 46: Brazil Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 47: Brazil Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
MEXICO
- Table 48: Mexico Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 49: Mexico Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
REST OF LATIN AMERICA
- Table 50: Rest of Latin America Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 51: Rest of Latin America Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
MIDDLE EAST
- Passive Fire Protection Coatings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
- Table 52: Middle East Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 53: Middle East Historic Review for Passive Fire Protection Coatings by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 54: Middle East 16-Year Perspective for Passive Fire Protection Coatings by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2014, 2023 & 2030
IRAN
- Table 55: Iran Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 56: Iran Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
ISRAEL
- Table 57: Israel Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 58: Israel Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
SAUDI ARABIA
- Table 59: Saudi Arabia Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 60: Saudi Arabia Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
UNITED ARAB EMIRATES
- Table 61: UAE Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 62: UAE Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
REST OF MIDDLE EAST
- Table 63: Rest of Middle East Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 64: Rest of Middle East Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
AFRICA
- Passive Fire Protection Coatings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
- Table 65: Africa Recent Past, Current & Future Analysis for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 66: Africa Historic Review for Passive Fire Protection Coatings by Segment - Passive Fire Protection Coatings Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Akzo Nobel NV
- Carboline Company
- Hempel A/S
- Jotun Group
- Kansai Paint Co. Ltd.
- Nippon Paint Co. Ltd.
- No-Burn Inc.
- PPG Industries Inc.
- Svt Holding GmbH
- Teknos Group
- The Sherwin-Williams Company
- Tremco illbruck Group GmbH
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 294 |
| Published | April 2024 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 4.7 Billion |
| Forecasted Market Value ( USD | $ 7.5 Billion |
| Compound Annual Growth Rate | 6.9% |
| Regions Covered | Global |
