The fire, smoke, and toxicity retardant (fst) composite resin market size is expected to see strong growth in the next few years. It will grow to $2 billion in 2030 at a compound annual growth rate (CAGR) of 7%. The growth in the forecast period can be attributed to electric vehicle fire safety focus, mass transit infrastructure growth, stricter building fire codes, sustainable fire retardant demand, composite material innovation. Major trends in the forecast period include rising fire safety regulations across industries, growing use in aerospace and transportation, expansion of halogen free fire retardants, increased adoption in building materials, focus on low smoke and toxicity emissions.
The expanding construction industry is expected to fuel the growth of the fire, smoke, and toxicity retardant (FST) composite resin market in the future. The construction industry involves the design, planning, and development of infrastructure, including residential, commercial, and public works projects such as roads and bridges. The rise in green building initiatives is contributing to the industry's growth, as sustainability goals drive demand for energy-efficient and eco-friendly structures. FST composite resins are used in construction to enhance fire safety by providing fire-resistant structural components that reduce smoke and toxic gas emissions. For example, in September 2024, the Australian Bureau of Statistics reported that the number of dwellings under construction increased by 13.9%, reaching 43,247 in the September 2024 quarter, compared to September 2023. As a result, the growing construction sector is boosting the demand for FST composite resins.
Leading companies in the fire, smoke, and toxicity retardant (FST) composite resin market are focusing on developing advanced products, such as styrene-free thermosetting resins, to enhance fire safety, reduce toxic emissions, and comply with stricter regulations. Styrene-free thermosetting resins are polymer materials that cure without styrene, minimizing toxicity, emissions, and environmental impact, while maintaining strength and durability. For instance, in August 2023, Trimer Technologies, a US-based polymer and advanced materials company, introduced Harp Rapid, a nonhalogenated, styrene-free thermosetting resin designed for resin infusion, RTM, VARTM, and pultrusion processes. This advanced resin system surpasses fire, smoke, and toxicity (FST) ratings for aircraft interiors, achieving V0 and Class A E84 ratings, and offers a fast, tunable cure profile that cures in as little as 30 seconds at 250ºF. It provides high mechanical properties, with strength comparable to top aerospace polymers. Additionally, Trimer developed internal mold releases to enable the production of fire-resistant pultrusions, eliminating the need for bromination or low-strength phenolics while supporting high-speed manufacturing with pull speeds up to 10 ft/min.
In May 2023, GracoRoberts, a US-based chemical manufacturing company, acquired Pacific Coast Composites for an undisclosed amount. This acquisition aims to expand GracoRoberts' specialty chemical distribution capabilities and strengthen its presence in the aerospace and advanced composites markets. Pacific Coast Composites, a US-based company, specializes in the manufacturing of fire, smoke, and toxicity (FST) retardant products.
Major companies operating in the fire, smoke, and toxicity retardant (fst) composite resin market are BASF SE, SABIC, Evonik Industries AG, INEOS Group, Huntsman International LLC, Clariant AG, Trinseo S.A., Polynt S.p.A., Allnex Group, Ashland Inc., AOC LLC, Scott Bader Company Limited, Mäder Group, Swancor Holding Co. Ltd., BUFA Composite Systems GmbH & Co. KG, NORD Composites, Trimer Technologies, Reichhold LLC, Hexion Inc., Poliya Composite Resins and Polymers Inc., Interplastic Corporation, Behn Meyer Group, Happy Composites, Aryan Composites Private Limited, Aaron Polymers India Pvt. Ltd.
Asia-Pacific was the largest region in the fire, smoke, and toxicity retardant (FST) composite resin market in 2025. The regions covered in the fire, smoke, and toxicity retardant (fst) composite resin market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the fire, smoke, and toxicity retardant (fst) composite resin market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The fire, smoke, and toxicity retardant (FST) composite resin market consist of sales of epoxy resins, phenolic resins, and polyester resins. 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 1-3 business days.
Table of Contents
Executive Summary
Fire, Smoke, and Toxicity Retardant (FST) Composite Resin Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses fire, smoke, and toxicity retardant (fst) composite resin 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.
Reasons to Purchase::
- Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
- Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on end user analysis.
- Benchmark performance against key competitors based on market share, innovation, and brand strength.
- Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for fire, smoke, and toxicity retardant (fst) composite resin? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The fire, smoke, and toxicity retardant (fst) composite resin market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, 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. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- 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 technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- 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.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- 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 company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Type of Resin: Polyester Resins; Epoxy Resins2) By Formulation: Halogenated Fire Retardant; Inorganic Fire Retardant
3) By Application: Building and Construction; Automotive and Transportation; Manufacturing; Energy; Other Applications
Subsegments:
1) By Polyester Resins: Unsaturated Polyester Resins (UPR); Saturated Polyester Resins2) By Epoxy Resins: Bisphenol a Epoxy Resins; Bisphenol F Epoxy Resins; Novolac Epoxy Resins
Companies Mentioned: BASF SE; SABIC; Evonik Industries AG; INEOS Group; Huntsman International LLC; Clariant AG; Trinseo S.a.; Polynt S.p.a.; Allnex Group; Ashland Inc.; AOC LLC; Scott Bader Company Limited; Mäder Group; Swancor Holding Co. Ltd.; BUFA Composite Systems GmbH & Co. KG; NORD Composites; Trimer Technologies; Reichhold LLC; Hexion Inc.; Poliya Composite Resins and Polymers Inc.; Interplastic Corporation; Behn Meyer Group; Happy Composites; Aryan Composites Private Limited; Aaron Polymers India Pvt. Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; South East Asia; 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: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Fire, Smoke, and Toxicity Retardant (FST) Composite Resin market report include:- BASF SE
- SABIC
- Evonik Industries AG
- INEOS Group
- Huntsman International LLC
- Clariant AG
- Trinseo S.A.
- Polynt S.p.A.
- Allnex Group
- Ashland Inc.
- AOC LLC
- Scott Bader Company Limited
- Mäder Group
- Swancor Holding Co. Ltd.
- BUFA Composite Systems GmbH & Co. KG
- NORD Composites
- Trimer Technologies
- Reichhold LLC
- Hexion Inc.
- Poliya Composite Resins and Polymers Inc.
- Interplastic Corporation
- Behn Meyer Group
- Happy Composites
- Aryan Composites Private Limited
- Aaron Polymers India Pvt. Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 1.52 Billion |
| Forecasted Market Value ( USD | $ 2 Billion |
| Compound Annual Growth Rate | 7.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |


