USD 4.23 billion
Passive Fire Protection Coatings Market Size, Share, and Growth Analysis
Passive Fire Protection Coatings Market By Product (Cementitious Materials, Intumescent Coating), By Technology (Water-Based, Solvent-Based), By Distribution Channel (Offline, Online), By End-Use Industry, By Region - Industry Forecast 2025-2032
Report ID:
SQMIG15E2127 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|Tables:
91
|Figures:
76
Format -
Passive Fire Protection Coatings Market Insights
Global Passive Fire Protection Coatings Market size was valued at USD 4.23 billion in 2023 and is poised to grow from USD 4.46 billion in 2024 to USD 6.91 billion by 2032, growing at a CAGR of 5.6% during the forecast period (2025-2032).
Passive fire protection (PFP) refers to building or structure components that slow or obstruct the spread of fire or smoke without requiring system activation or movement. Floor ceilings and roofs, fire doors, windows, wall assemblies, fire-resistant coatings, and other fire and smoke control assemblies are instances of passive systems. This market is anticipated to be driven by increasing oil and gas company investments in exploration and production, as well as technological developments, during the forecast period. As an instance, the oil and gas industry has a high demand for passive fire prevention coatings in equipment protection and other offshore and onshore applications. Furthermore, the demand is anticipated to be boosted by an increase in demand from end-use sectors such as building and construction and transportation.
US Passive Fire Protection Coatings Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
Intumescent Coatings
Fastest Growth
Intumescent Coatings
Growth Rate
5.6% CAGR
Global Passive Fire Protection Coatings Market ($ Bn)
Country Share for North America Region (%)
Country Share for Aisa Pacific Region (%)
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Passive Fire Protection Coatings Market Segments Analysis
Global Passive Fire Protection Coatings Market is segmented by product, technology, distribution channel, end-use industry and region. Based on product, the market is segmented into cementitious materials, intumescent coating, fireproofing cladding, mineral wool, glass wool and others. Based on technology, the market is segmented into water-based and solvent-based. Based on distribution channel, the market is segmented into offline and online. Based on end-use industry, the market is segmented into building & construction, oil & gas, warehousing, transportation and others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Passive Fire Protection Coatings Market Analysis by Product
The market is segmented into cementitious materials, intumescent coatings, fireproofing cladding, and others based on the product. The cementitious materials segment dominated the passive fire protection market and is expected to continue to do so during the forecast period. To protect steel elements in the construction of a structure, a cementitious material can be applied. This material is composed of cement or gypsum, and when wet, it forms a tough, fire-resistant surface. Cementitious sprays are sprayed in multiple layers to preserve the underlying material. Once completed, it creates a barrier that slows the rate of heat transmission in the event of a fire. Cementitious material remains one of the most cost-effective options for fireproofing structures.
Passive Fire Protection Coatings Market Analysis by End User
Oil and gas industries use intumescent coatings to protect their onshore and offshore steel buildings from fire, which necessitates solutions that can resist temperatures of 1,100°C or above. They are also used to protect structural steel from moisture, chemicals, and fires caused by pools and jets. PFP coatings are becoming increasingly important in the oil and gas sector. When exposed to high temperatures, the coatings on industrial oil and gas facilities expand to form an insulating layer of carbon char. This allows the steel to retain its load-bearing capability for up to four hours longer during a fire, offering occupants more time to get away.
Global Passive Fire Protection Coatings Market By Product
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Passive Fire Protection Coatings Market Regional Insights
North America held the significant global Passive Fire Protection Coatings market share in 2021, due to the stringent regulatory environment and growing awareness of fire safety among end users, the penetration of passive fire protection coatings in the United States is high. A growing number of large-scale infrastructure investment projects, including hotels and hospitals, in New York, Missouri, and Los Angeles are expected to boost the construction industry, driving demand for passive fire protection products in the country's residential, commercial, and industrial buildings.
Growing demand for the product from industries such as construction, industrial, and warehousing, especially in China and India, is anticipated to propel the market in the Asia Pacific. Rising demand for fire-safe infrastructures, such as commercial and residential buildings, and rising consumer awareness are anticipated to push market demand.
In Europe, the implementation of stringent fire safety regulations is expected to increase the use of passive fire protection products in construction activities. The growing emphasis on improving building fire safety standards is expected to drive demand for passive fire protection coatings over the forecast period. Growing investments by aerospace and automotive industries to improve vehicle and aircraft fire safety standards are expected to drive demand for passive fire protection coating in the region over the forecast period.
Global Passive Fire Protection Coatings Market By Region
- Largest
- Fastest
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Passive Fire Protection Coatings Market Dynamics
Passive Fire Protection Coatings Market Driver
- Globally, as people become more aware of the problems caused by poor fire safety standards, there is an increasing demand for better fire safety. A large number of people from all around the world witnessed the catastrophic event that occurred in August 2020 at Beirut's harbour, Lebanon's capital. The disaster's aftermath revealed that a nearby fire was to blame for the explosion of 2750 tonnes of ammonium nitrate, which was one of the largest non-nuclear explosions in human history. This tragedy, and many others like it, could have been easily avoided if fire safety standards had been higher.
- Many governments and industrial organisations now acknowledge the severity of the situation. As a result, they are enacting stricter fire safety regulations in order to avoid and mitigate future losses from such disasters.
- Passive fire protection is expected to play an important role in all of these improved and already existing fire safety standards and strategies. This protection is built into the structure of a building to protect people's lives and reduce the financial impact of damaged infrastructure. This protection is provided by the materials used to build the building, or it can be added later to improve the building's fire resistance as the construction industry expands in many parts of the world due to increased demand from the residential and commercial sectors.
Passive Fire Protection Coatings Market Restraint
- The purpose of epoxy passive fire protection coatings is to slow the rate of steel temperature rise, thereby preventing or delaying the collapse of the structure. The oil and gas industry has traditionally relied on epoxy PFP coatings that require additional mesh reinforcing. To avoid failure when exposed to fire spread, reinforcement mesh must have been properly placed in accordance with the product's certification.
- With complex mesh reinforced systems, project delays are common. Installation is time-consuming and labour-intensive. Mesh installation necessitates adhering to certain certification requirements, such as measuring overlap and installing depth within the system.
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Passive Fire Protection Coatings Market Competitive Landscape
Manufacturers are increasingly attempting to distinguish and develop their products in order to gain a competitive advantage. Manufacturers are focusing on other important product aspects such as product usability and operational life extension. 3M, Akzo Nobel N.V., Bostik, Sika AG, Jotun, and Hempel A/S are the market's major players.
Top Players in Passive Fire Protection Coatings Market
- Akzo Nobel N.V. (Netherlands)
- The Sherwin-Williams Company (US)
- PPG Industries, Inc. (US)
- Jotun Group (Norway)
- Hempel A/S (Denmark)
- Kansai Paint Co., Ltd. (Japan)
- Teknos Group (Finland)
- BASF SE (Germany)
- 3M Company (US)
- Carboline Company (US)
- Nullifire (UK)
- Contego International, Inc. (US)
- Promat International NV (Belgium)
- Rudolf Hensel GmbH (Germany)
- Firetherm Intumescent & Insulation Supplies Ltd. (UK)
- Lloyd's Register EMEA (UK)
- Albi Manufacturing (US)
Passive Fire Protection Coatings Market Recent Developments
- In January 2022, A research team led by a chemical engineer from the University of Southern Queensland and an Australian Research Council Future Colleague has created a non-toxic, fire-retardant coating that might prevent flames from consuming structures.
- In January 2022, Zenova Group PLC, a producer of fire safety and heat management technology, signed a "partners in health" agreement with the Epsom & St. Hellier University Hospitals NHS Trust in Surrey, UK. Following an inspection of Zenova's fire safety and insulation products by the Trust's EME Technical Support Services division, the contract was signed, and Zenova was recognised as an NHS valued partner. It paves the way for Zenova's solutions to be used to improve fire safety and insulation throughout the Trust's estate.
Passive Fire Protection Coatings Key Market Trends
- The construction market encompasses a broad array of activities that include, but are not limited to, geotechnical (underground structures) and superstructures in residential, commercial, and industrial structures, as well as infrastructure construction (such as roads, railways, and airports) and transmission-related infrastructure for power generation. The downturn in large-scale projects is already growing interested in private-sector projects. Residential construction spending increased by nearly 25% in 2021, and residential starts are expected to increase by 7% in 2022.
- Fire safety is the exercise of mitigating the impact and destruction caused by passive fire. Any external activation fire safety system is not required in passive fire protection systems, and even in passive fire systems, extinguished fires are used. A passive fire protection requirement is based on the spread of fire for a set period of time. Passive fire protection refers to a wide range of items and processes. Passive fire protection refers to materials incorporated into the structures that surround us that are expected to slow or prevent the spread of fire.
Passive Fire Protection Coatings Market SkyQuest Analysis
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Passive Fire Protection Coatings Market analysis, the increasing demand for steel in the building and construction, oil and gas, automotive, marine, and aviation sectors is driving expansion in the North American market. Because of the rising demand for organic and inorganic coatings in the building, electrical, and electronics sectors, the passive Fire Protection Coatings category is expected to lead the market in this area. Because of these reasons, the United States of America, Canada, and Mexico are expected to be the market's largest contributors over the forecast period.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 4.23 billion |
| Market size value in 2032 | USD 6.91 billion |
| Growth Rate | 5.6% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Passive Fire Protection Coatings Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Passive Fire Protection Coatings Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Passive Fire Protection Coatings Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Passive Fire Protection Coatings Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Passive Fire Protection Coatings Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Passive Fire Protection Coatings Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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