Global 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 2030.
Fire Protection Materials Market Analysis and Size
According to the most recent National Fire Protection Association (NFPA) statistics, around seven people per day are killed by flames in the U.S. As a result of their effectiveness in preventing the transmission of flame from one homeland to the next, fire prevention materials have become increasingly popular. These substances can withstand fire for a long time. Furthermore, increasing awareness of building safety codes and augmented fire danger occurrences are anticipated to support global offers of fire insurance materials. Fire protection materials can partly replace conventional development materials such as putty, sealants and coating sprays and have substantial growth potential.
Data Bridge Market Research analyses that the fire protection materials market is expected to reach USD 135.95 million by 2030, which is USD 77.95 million in 2022, registering a CAGR of 7.20% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Fire Protection Materials Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 - 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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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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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Technologies Inc. (U.S.), Trelleborg AB (publ) (Sweden), BASF SE (Germany), PPG Industries Ohio, Inc.(U.S.), 3M (U.S.), Akzo Nobel N.V (Netherlands), Etex Group (Belgium), Morgan Advanced Materials (U.K.), ROCKWOOL Asia (Denmark), svt Group of Companies (U.S.), Sika AG (Switzerland), The Sherwin-Williams Company (U.S.), Unifrax (U.S.), SCHOTT AG (Germany), Nippon Sheet Glass Co. Ltd. (Japan), Saint Gobain S.A (France), Henkel AG and Co. KgaA (Germany),
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Market Opportunities
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Market Definition
Fire protection material are those type of materials that aid to resist fire. These materials are primarily used to reduce the effects of destructive fires by lessening harmful effect which has caused to the body. These substances can be divided into passive and aggressive fire protection substances. Active fire protection materials need to be protected by movement and action in some way. For instance, firefighters utilise fire extinguishers, while these materials are used for passive fire protection and fitted in a building as fire resistant flooring, walls, and doors.
Fire Protection Materials Market Dynamics
Drivers
- Boosting growth of automotive sector:
Fire protection materials such as coatings are extensively used in automotive interiors such as dashboards and seats, whereas in electric vehicles these materials provide a protective layer to the batteries which protects or prevents them from getting heated up or catching fire. Moreover, as foam products, these materials are widely utilized in manufacturing facilities, where they are primarily employed to prevent fires from occurring during production. As a result of augmented demand for light commercial and passenger vehicles and the establishment of new electric vehicle facilities, the automotive industry has experienced remarkable growth. For instance, the International Organization of Motor Vehicle Manufacturers estimates that, the production of light commercial vehicles will increase to 18.6 million units from the previous year's production of 57 million units in 2021.
- Rapidly increasing building and construction industry
As a result of the increasing construction industry, growing renovation of existing buildings or infrastructure and improving warehousing facilities are anticipated to drive the growth rate of the fire protection material market. Additionally, large spending on non-residential constructions, infrastructure, and rising urban housing projects have led to the rise in demand for the fire protection market during the forecast period.
Opportunities
- Increasing consumption of electronic products
Electronic products contain components such as circuit boards, transformers, semiconductors and batteries that are measured as potential ignition sources. The fire protection materials are highly used in the casting process of these components to inhibit small ignition from turnoff into higher fire scenarios. Smartphones have developed rapidly in the electrical and electronics sector because of the bolstering demand for electrical equipment and consumer electronics such as television and PCs. For instance, as per the India Brand Equity Foundation (IBEF), the manufacturing industry of electronics in India is expected to reach around US$520 billion by the year 2025. Moreover, as peer the statistics of World Semiconductor Trade, global semiconductor market sales around US$555.9 billion in 2021, accounting rise of approx., 26.2%. With such a surge in electronic sales and production of semiconductors, the demand for these materials for casting applications will also rise. This will create immense opportunities for the growth of the fire protection materials industry.
Restraints/ Challenges
- Negative health effects associated with fire protection materials:
Fire protection materials have high industrial applicability but due to negative health effects caused by their consumption could pose a biggest and foremost challenge in the market's growth. Inappropriate usage of plaster such as gypsum could lead to labours getting exposed to such products which would result occur serious health effects ranging from sneezing, coughing and skin & eyes irritation to upper respiratory and nosebleed problems. The adverse health effects of gypsum plaster could reduce the usage in certain industries such as building and construction, thus hamper the fire protection materials market growth during the forecast period.
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.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Fire Protection Materials Market
As a result of halt in production and delays in significant construction projects around the globe, the ongoing coronavirus outbreak has adversely impacted the expansion of the fire protection material business. Government-imposed national lockdowns have limited transportation activity and further reduced the market size. Additionally, the market expansion in the future may be hindered by the diminishing demand offuture and the diminishing demand for fire protection materials from numerous end-user sectors and the high cost of volatile raw materials. Increasing residential construction projects and swift immunisation programmes would significantly impact the global market share for fire prevention materials. Thus, the fire protection materials market is expected to rise in the mentioned forecast period.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In 2022, Henkel launched two new fire protection coating products: Loctite FPC 5060 and Loctite EA 9400 which the company has manufactured to protect electric vehicle batteries against fire and heat in case of a thermal runaway event.
- In 2021, Trelleborg launched a new lightweight fire-resistant material that could be resistant from flame to 1500°C for up to 7 hours and has cryogenic performance rated -192°C.
- In 2021, Perimeter Solutions acquired Magnum Fire & Safety System, a producer of firefighting foam equipment. This acquisition will increase the company’s ability to develop fire-resistant foam globally.
Global Fire Protection Materials Market Scope
The fire protection materials market is segmented on the basis of 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 analyzed and market size insights and trends are provided by country, of products, types of fire, distribution channel, application and end-user application as referenced above.
The countries covered in the fire protection materials market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is expected to dominate the fire protection materials market owing to the consumers are more aware towards growing usage of fire protection materials because of its easy availability. Furthermore, growing awareness and business expansion among the customers will further boost the market growth in this region.
Europe and North America are anticipated to be the fastest growing region in fire protection materials market during the forecast period of 2023-2030 due to high demand of fire protection materials and augmented production capacities of prominent companies 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. (U.S.)
- Trelleborg AB (publ) (Sweden)
- BASF SE (Germany)
- PPG Industries Ohio, Inc. (U.S.)
- 3M (U.S.)
- Akzo Nobel N.V (Netherland)
- Etex Group (Belgium)
- Morgan Advanced Materials (U.K.)
- ROCKWOOL Asia (Denmark)
- svt Group of Companies (U.S.)
- Sika AG (Switzerland)
- The Sherwin-Williams Company (U.S.)
- Unifrax (U.S.)
- SCHOTT AG (Germany)
- Nippon Sheet Glass Co. Ltd. (Japan)
- Saint Gobain S.A (France)
- Henkel AG and Co. KgaA (Germany)
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