Asia-Pacific Fire Protection Materials Market, By Product (Adhesive and Sealant, Intumescent Coatings, Sheets and Boards, Foam, Putties, Mortar, Fire Blocks, Cementitious Spray, Fire Safe Pipe Penetrations, Others), Types of Fire (Cellulosic Fires, Hydrogen Fires, Jet Fires), Distribution Channel (E-Commerce, B2B, Others), Application (Pipe, Duct, Structural Steel Fireproofing, Cable and Wire Tray Fireproofing, Doors, Windows, Glasses, Others), End-User (Residential, Commercial, Institutional, Infrastructure) – Industry Trends and Forecast to 2029
Market Analysis and Size
Fire protection materials are a type of materials which has many applications that help ensure safety of buildings from risks related with fire. Fire detection, coupled with fire suppression through automatic or manual means, help in curbing fire and damages resulting there from. Partitioning the overall construction or building structure with fire resistance-rated walls and floors also helps in ensuring protection from fire. This could also include using passive fire protection materials, such as fire-resistant sealants boards, and fire-resistant materials, such as fire proof coatings and mineral wool. Active fire protection materials such as fire extinguishing chemicals, foams, sprays, and water also constitute an important part of the fire protection materials market.
Data Bridge Market Research analyses that the fire protection materials market was valued at USD 1550.00 million in 2021 and is expected to reach USD 2378.76 million by 2029, registering a CAGR of 5.50 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD million, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Adhesive and Sealant, Intumescent Coatings, Sheets and Boards, Foam, Putties, Mortar, Fire Blocks, Cementitious Spray, Fire Safe Pipe Penetrations, Others), Types of Fire (Cellulosic Fires, Hydrogen Fires, Jet Fires), Distribution Channel (E-Commerce, B2B, Others), Application (Pipe, Duct, Structural Steel Fireproofing, Cable and Wire Tray Fireproofing, Doors, Windows, Glasses, Others), End-User (Residential, Commercial, Institutional, Infrastructure)
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Countries Covered
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China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
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Market Players Covered
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Technologies Inc. (US), Trelleborg AB (publ) (Sweden), BASF SE (Germany), PPG Industries Ohio, Inc. (US), 3M (US), Akzo Nobel N.V (Netherlands)., Etex Group (Belgium), Hilti (Liechtenstein), Morgan Advanced Materials (UK), ROCKWOOL Asia (Denmark), svt Group of Companies (US), Sika AG (Switzerland), The Sherwin-Williams Company (US), Unifrax (US), SCHOTT AG (Germany), Nippon Sheet Glass Co. Ltd. (Japan), Saint Gobain S.A (France)
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Market Opportunities
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Market Definition
Fire protection material are those materials which help to resist and withstand fire. These materials are mainly used to decrease the effects of destructive fires by reducing the harmful effect which has caused to the body. These materials can be categorized into passive protection materials or active fire protection materials. Active fire protection materials are those material which require some kind of action and motion for its protection. For instance, the fire extinguishers used by the fire fighters, while passive fire protection materials are those that are fitted in a building, because it does not require any action and motion for example the fire resistant floors, walls, and fire doors.
Fire Protection Materials Market Dynamics
Drivers
- Growing demand for passive fire protectant materials
Environment and Concentrated situations increased the risk of a life-threatening fire. The demand for effective and integrated passive fire protection has augmented not only in buildings but also in other industries because passive fire protection minimizes the risk and safe human life with their property.
- Rapidly increasing building and construction industry
Growing construction industry, rising renovation of existing buildings and improving warehousing facilities are expected to drive the growth of the free protection material market. Furthermore, enlarged spending on non- residential constructions, infrastructure, and urban housing projects have led to the upsurge in demand for fire protection products
- Increase the demand of oil and gas.
The gas and oil, power generation and petrochemical also need such fire protection materials. The petrochemical, oil and gas sectors have a high demand for fire protection material because accidental fire outbreaks pose great risks for workers in the industry.
Opportunities
The demand for fire protection materials increases in extensive range of industries for example oil and gas, construction, transportation, and general sectors such as chemical, power generation, mining, and so on, which will drive the fire protection materials market growth. Similarly, because of increasing worldwide population, the construction industry has seen an incredible growth in recent years, particularly in commercial and residential infrastructure projects. During the forecast period, these factors will fuel the fire protection materials market opportunities.
Restraints/ Challenges
Technical challenges of passive fire protection products are anticipated to hamper the growth of the market. Due to negative impact of COVID-19 having disruption in supply chain and high price of raw materials will also act as market restriction and more challenge the market growth rate. The deficiency of skilled manpower for fire protection materials in buildings and construction can also act as a challenge for the manufacturers of the fire protection materials market.
This fire protection materials market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the fire protection materials market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Fire Protection Materials Market
The ongoing coronavirus epidemic has harmfully affected the growth of the fire protection material industry due to a pause in production and delay in major construction projects. The government has imposed nationwide lockdowns that have restricted transport activities and have further downturned the size of industry. Furthermore, the declining demand from many end-user industries and the high cost of volatile raw material may hamper the market growth in upcoming future. Rising residential projects and rapid vaccination policies will largely contribute to the worldwide fire protection material market share.
Asia-Pacific Fire Protection Materials Market Scope
The fire protection materials market is segmented on the basis of products, types of fire, distribution channel, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Adhesive and Sealant
- Intumescent Coatings
- Sheets and Boards
- Foam
- Putties
- Mortar
- Fire Blocks
- Cementitious Spray
- Fire Safe Pipe Penetrations
- Others
Types of Fire
- Cellulosic Fires
- Hydrogen Fires
- Jet Fires
Distribution Channel
- E-Commerce
- B2B
- Others
Application
- Pipe
- Duct
- Structural Steel Fireproofing
- Cable and Wire Tray Fireproofing
- Doors
- Windows
- Glasses
- Others
End-User
- Residential
- Commercial
- Institutional
- Infrastructure
Fire Protection Materials Market Regional Analysis/Insights
The fire protection materials market is analysed and market size insights and trends are provided by country, products, types of fire, distribution channel, application and end-user as referenced above.
The countries covered in the fire protection materials market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC
China and Japan dominates the fire protection materials market in terms revenue and market share and revenue during the forecast period. This is due to the growing sale of online products which increases demand of fire protection materials. The increasing awareness towards the product among population is also the reason of growing the demand of the fire protection materials in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Fire Protection Materials Market Share Analysis
The fire protection materials market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to fire protection materials market.
Some of the major players operating in the fire protection materials market are:
- Technologies Inc. (US)
- Trelleborg AB (publ) (Sweden)
- BASF SE (Germany)
- PPG Industries Ohio, Inc. (US)
- 3M (US)
- Akzo Nobel N.V (Netherland)
- Etex Group (Belgium)
- Hilti (Liechtenstein)
- Morgan Advanced Materials (UK)
- ROCKWOOL Asia (Denmark)
- svt Group of Companies (US)
- Sika AG (Switzerland)
- The Sherwin-Williams Company (US)
- Unifrax (US)
- SCHOTT AG (Germany)
- Nippon Sheet Glass Co. Ltd. (Japan)
- Saint Gobain S.A (France)
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