Global Fire Protection Materials Market Size study, by Product (Sealants, Mortar, Spray, Putty, Sheets/Boards), by End-Use (Residential, Commercial, Industrial), and Regional Forecasts 2022-2032

Description

The Global Fire Protection Materials Market is valued approximately at USD 5.87 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 8.9% over the forecast period 2024-2032. Fire protection materials are essential components in ensuring the safety and longevity of buildings and structures, particularly in high-risk industries and urban environments. These materials help prevent the spread of fire, safeguard property, and save lives by maintaining the structural integrity of buildings during fire incidents. Stringent government regulations, such as the National Fire Protection Association (NFPA) codes in the U.S. and the European Union's EN 13501 standards, are compelling industries to adopt fire-resistant materials, driving market growth. Additionally, advancements in fire protection technologies, including intumescent coatings and fire-resistant boards, are revolutionizing the construction and industrial sectors by improving safety and compliance.

The expansion of industries such as construction, oil and gas, and transportation is significantly boosting the demand for fire protection solutions globally. The growing number of residential and commercial construction projects in emerging economies is another key factor fueling the adoption of fire protection materials. For instance, large-scale infrastructure developments in countries like China, India, and Saudi Arabia are creating lucrative growth opportunities for the market. However, the high costs associated with advanced fire protection materials and the complexities of navigating varying regulatory frameworks across regions may hinder the market growth to some extent.

The market for fire protection materials is witnessing rapid innovations in product offerings. Intumescent sealants and advanced fire-resistant coatings are gaining traction due to their superior performance in extreme conditions. Furthermore, companies are investing heavily in research and development to create eco-friendly and sustainable fire protection materials. For example, products that comply with green building certifications, such as LEED, are increasingly being adopted to meet environmental sustainability goals.

Key regions considered in the study include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America dominated the global fire protection materials market in 2023, attributed to its strict building codes, significant investments in infrastructure, and growing awareness of fire safety. The Asia Pacific region is anticipated to grow at the fastest rate during the forecast period due to urbanization and industrial expansion in countries like China and India. Similarly, the Middle East and Africa are experiencing robust growth, driven by new construction projects under initiatives like Saudi Arabia's Vision 2030.

Major market player included in this report are:

Akzo Nobel N.V.
3M
BASF
Sika AG
Hilti
Morgan Advanced Materials
Henkel AG & Co. KGaA
Saint-Gobain
Etex Group
Owens Corning
Knauf Insulation
Trelleborg AB
Recticel Insulation
Promat International
Rockwool International A/S

The detailed segments and sub-segment of the market are explained below:

By Product:

Sealants
Mortar
Spray
Sheets/Boards
Putty
Others

By End-Use:

Residential Construction
Commercial Construction
Industrial Construction

By Region:

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Spain
Asia Pacific
- China
- India
- Japan
Latin America
- Brazil
- Argentina
Middle East & Africa
- Saudi Arabia
- South Africa

Years considered for the study are as follows:

Historical year -2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approaches.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Fire Protection Materials Market Executive Summary

1.1. Global Fire Protection Materials Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By End-Use
- 1.3.3. By Region
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Fire Protection Materials Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Fire Protection Materials Market Dynamics

3.1. Market Drivers
- 3.1.1. Stringent fire safety regulations
- 3.1.2. Increasing adoption of advanced fire-resistant products
- 3.1.3. Rising construction activities in developing regions
3.2. Market Challenges
- 3.2.1. High costs of advanced fire protection materials
- 3.2.2. Regulatory compliance complexities in different regions
3.3. Market Opportunities
- 3.3.1. Growth in the construction sector in emerging economies
- 3.3.2. Advancements in fire-resistant coatings and technologies
- 3.3.3. Rising focus on sustainable and environmentally friendly materials

Chapter 4. Global Fire Protection Materials Market Industry Analysis

4.1. Porter's Five Forces Analysis
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Fire Protection Materials Market Size & Forecasts by Product (2022-2032)

5.1. Segment Dashboard
5.2. Global Fire Protection Materials Market: Product Revenue Trend Analysis (2022 & 2032)
- 5.2.1. Sealants
- 5.2.2. Mortar
- 5.2.3. Spray
- 5.2.4. Sheets/Boards
- 5.2.5. Putty
- 5.2.6. Others

Chapter 6. Global Fire Protection Materials Market Size & Forecasts by End-Use (2022-2032)

6.1. Segment Dashboard
6.2. Global Fire Protection Materials Market: End-Use Revenue Trend Analysis (2022 & 2032)
- 6.2.1. Residential Construction
- 6.2.2. Commercial Construction
- 6.2.3. Industrial Construction

Chapter 7. Global Fire Protection Materials Market Size & Forecasts by Region (2022-2032)

7.1. North America Fire Protection Materials Market
- 7.1.1. U.S. Fire Protection Materials Market
- 7.1.2. Canada Fire Protection Materials Market
- 7.1.3. Mexico Fire Protection Materials Market
7.2. Europe Fire Protection Materials Market
- 7.2.1. UK Fire Protection Materials Market
- 7.2.2. Germany Fire Protection Materials Market
- 7.2.3. France Fire Protection Materials Market
- 7.2.4. Italy Fire Protection Materials Market
- 7.2.5. Spain Fire Protection Materials Market
7.3. Asia Pacific Fire Protection Materials Market
- 7.3.1. China Fire Protection Materials Market
- 7.3.2. Japan Fire Protection Materials Market
- 7.3.3. India Fire Protection Materials Market
7.4. Latin America Fire Protection Materials Market
- 7.4.1. Brazil Fire Protection Materials Market
- 7.4.2. Argentina Fire Protection Materials Market
7.5. Middle East & Africa Fire Protection Materials Market
- 7.5.1. Saudi Arabia Fire Protection Materials Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Akzo Nobel N.V.
- 8.1.2. 3M
- 8.1.3. BASF
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Akzo Nobel N.V.
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financials (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. BASF
- 8.3.3. Morgan Advanced Materials
- 8.3.4. Hilti
- 8.3.5. Sika AG
- 8.3.6. Henkel AG & Co. KGaA
- 8.3.7. Saint-Gobain
- 8.3.8. Etex Group

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes