Fireproofing Material Market are materials used for protection from fire. Based on the product, they are classified into Fire resistant boards, Sealants, Vermiculite cement sprays, Fiber sprays, Drylining systems, Mineral wool, and Intumescent paints & coatings. Various applications of fire protection materials are Commercial, Industrial & Institutional, Residential, and Others.
Fireproofing Materials Market size is projected to reach USD
1.4 Billion by 2027 from an estimated USD 0.7 Billion in 2020, growing at a
CAGR of 10.4% globally.
Factors such as increasing fire safety regulations will drive the fireproofing materials market. Rising environmental and health concerns due to the use of conventional chemicals in fireproofing materials regions is a major restraint. However, growing demand for developed intumescent fireproof and water-based coatings in construction will act as an opportunity for the market
The Major Players In The
Fireproofing Material Market Include:
3M (US), Ugam Chemicals (India),
BASF SE (Germany), Encon Insulation Ltd (UK), Akzo Nobel N.V. (Netherlands),
Isolatek International (US), Sika AG (Switzerland),Etex Group (Belgium), FlameOFF
Coatings Inc. (US), PPG IndustriesInc (US), Carboline (US),Jotun Group
(Norway), Rockwool International AS (Denmark), RPM International Inc. (US),
Iris Coatings S.r.l (Italy), The Sherwin-Williams Company (US),Knauf Insulation
(US), W.R. Grace & Co. (US), Contego International Inc. (US), Rolf Kuhn
GmbH (Germany), Hempel Group (Denmark),No-Burn Inc. (US), Intumescent Systems
Ltd (UK), PK Companies (US), and others.
Market has segmented the global
Fireproofing Material market on the basis of type, application, and region:
The Fireproofing Material market is
segmented by type and application. Growth between segments over the period
2022-2028 provides accurate calculations and forecasts of revenue by type and
application in terms of volume and value. This analysis can help you expand
your business by targeting eligible niches.
By Type:
Gypsum Based, Cementitious
Coatings, Cement-Based, Intumescent Coatings, Thin Film, Thick Film
By Application:
Structural Steel
Fireproofing, Cable & Wire Tray Fireproofing, Pipe, Duct, Doors, Windows,
Glasses, Others
By Regional Outlook
(Revenue, USD Billion, 2017 – 2028)
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain,
Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest
of APAC)
- Middle East & Africa (GCC Countries, South Africa,
Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)
Covid-19 Impact and Recovery
Analysis on Industry:
The COVID-19 pandemic has had
devastating effects on several industry verticals globally. To constrain the
number of cases and slow the coronavirus spread, various public health
guidelines were implemented in different countries across the globe. COVID-19
protocols ranging from declaring national emergency states, enforcing
stay-at-home orders, closing nonessential business operations and schools, banning
public gatherings, imposing curfews, distributing digital passes, and allowing
police to restrict citizen movements within a country, as well as closing
international borders. With the growing vaccination rate, governments are
uplifting the protocols to give a boost to the stagnant economy. Like other
industries, Fireproofing Material Market have experienced slowdown the
growth, however market is expected bounce back as restrictions are being lifted
up by governments across the globe.
Reasons to Purchase
this Report:
·
Qualitative and quantitative analysis of the
market based on segmentation involving both economic as well as non-economic
factors
·
Provision of market value (USD Billion) data for each segment and sub-segment
·
Indicates the region and segment that is
expected to witness the fastest growth as well as to dominate the market
·
Analysis by geography highlighting the consumption of the product/service in
the region as well as indicating the factors that are affecting the market
within each region
·
Competitive landscape which incorporates the market ranking of the major
players, along with new service/product launches, partnerships, business
expansions and acquisitions in the past five years of companies profiled
·
Extensive company profiles comprising of company overview, company insights,
product benchmarking and SWOT analysis for the major market players
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