Global Fire Protection Materials Market

Global Fire Protection Materials Market Size, Share, Growth Analysis, By Product(Fire-resistant coatings, fireproof sealants), By Application(Residential, commercial), By End-user(Construction, oil & gas) - Industry Forecast 2023-2030


Report ID: SQMIG20B2041 | Region: Global | Published Date: February, 2024 | Pages: 157 | Tables: 92 | Figures: 76

Global Fire Protection Materials Market Insights

Fire Protection Materials Market size was valued at USD 3.33 billion in 2021 and is poised to grow from USD 3.90 billion in 2023 to USD 6.81 billion by 2030, at a CAGR of 8.27% during the forecast period (2023-2030).

The global fire protection materials market is witnessing substantial growth driven by increasing awareness and regulations regarding fire safety across industries such as construction, manufacturing, and transportation.

The demand for advanced fire-resistant coatings, fabrics, sealants, and insulation materials is rising as businesses prioritize safeguarding assets and personnel.

Stringent building codes and heightened safety standards are propelling the adoption of innovative fire protection solutions.

Additionally, technological advancements, research in fire-resistant materials, and expanding urbanization further contribute to the market's expansion.

North America, Europe, and Asia-Pacific are key regions experiencing significant market development, with a focus on sustainable and effective fire mitigation strategies.

US Fire Protection Materials Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2023-2030

Global Market Size

USD 3.33 billion

Largest Segment

commercial

Fastest Growth

commercial

Growth Rate

8.27% CAGR

Global fire protection materials market by region
Country Share for North America (%)
Global fire protection materials market by end-user
Global fire protection materials market by end-user

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Global Fire Protection Materials Market Segmental Analysis

The global fire protection materials market can be segmented based on product type, application, end-use industry, and region. In terms of product type, the market comprises fire-resistant coatings, fireproof sealants, fire-resistant boards, and others. Application-wise, it finds usage in residential, commercial, and industrial sectors. End-use industries encompass construction, oil & gas, manufacturing, and transportation. Geographically, the market spans North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Fire Protection Materials Market Analysis By Product

The largest sector is the fire-resistant coatings segment, driven by the widespread application of coatings to enhance the fire resistance of structural elements and surfaces in buildings and industrial settings. These coatings provide an essential protective barrier, preventing the rapid spread of flames and contributing to overall fire safety. On the other hand, the fastest-growing sector in the fire protection materials market is the fire-resistant fabrics segment. With increasing awareness about safety and stringent regulations, industries are demanding innovative materials that can withstand high temperatures and reduce the risk of fire-related incidents.

Fire Protection Materials Market Analysis By Application

The commercial segment is often the largest, driven by increasing urbanization, strict building codes, and heightened safety regulations. On the other hand, the fastest-growing sector could be the industrial segment, as industries continue to prioritize worker safety and adhere to stringent fire safety standards, thereby fueling the demand for advanced fire protection materials and systems.

Global fire protection materials market by end-user, 2021 (%)

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Global Fire Protection Materials Market Regional Insights

The global fire protection materials market exhibits diverse regional dynamics. In North America, stringent safety regulations and robust infrastructural development drive demand for advanced fire-resistant solutions. Europe emphasizes sustainable and eco-friendly materials, leveraging technological advancements for enhanced fire safety. The Asia-Pacific region experiences rapid urbanization and industrialization, fostering significant growth in fire protection material adoption. Meanwhile, in Latin America and the Middle East, rising awareness about fire hazards in commercial and residential sectors fuels the market. Africa showcases a gradual shift towards modern construction practices with a growing inclination towards fire-resistant materials, contributing to the global market's multifaceted evolution.

Global fire protection materials market by geography, 2023-2030
  • Largest
  • Fastest

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Global Fire Protection Materials Market Dynamics

Fire Protection Materials Market Drivers

Stringent Safety Regulations

  • Increasing adoption of strict building and fire safety codes globally drives demand for advanced fire protection materials.

Rising Urbanization and Infrastructure Development

  • Urban expansion and construction of commercial and residential buildings fuel the need for effective fire protection systems and materials.

Fire Protection Materials Market Restraints

High Costs

  • Fire protection materials can be expensive, especially advanced systems, limiting adoption in cost-sensitive markets.

Lack of Awareness and Training

  • Inadequate knowledge about proper installation and usage of fire protection materials can hinder their effective implementation and performance.

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Global Fire Protection Materials Market Competitive Landscape

The global fire protection materials market's competitive landscape is characterized by a dynamic interplay of established industry leaders and innovative newcomers. Prominent players such as Tyco International, Johnson Controls, 3M Company, and Honeywell International dominate with their extensive product portfolios, technological advancements, and wide geographic presence. These industry giants face competition from emerging firms like Fike Corporation and Flame Control, which are gaining traction through novel solutions and strategic partnerships. The market's evolution is driven by a growing emphasis on sustainable and eco-friendly materials, fostering intense R&D activities and collaborations to meet evolving fire safety demands worldwide.

Fire Protection Materials Market Top Player’s Company Profiles

  • Tyco International Ltd. (Ireland)
  • Johnson Controls International plc (Ireland)
  • Honeywell International Inc. (USA)
  • Siemens AG (Germany)
  • United Technologies Corporation (USA)
  • Hochiki Corporation (Japan)
  • Gentex Corporation (USA)
  • Minimax Viking Group (Germany)
  • Hochiki America Corporation (USA)
  • Fike Corporation (USA)
  • Halma plc (United Kingdom)
  • Xtralis (Ireland)
  • Kidde-Fenwal, Inc. (USA)
  • Notifier by Honeywell (USA)
  • Advanced Detection Technology (USA)
  • Marioff Corporation Oy (Finland)
  • Spectrex Inc. (USA)
  • Firefly AB (Sweden)
  • Victaulic (USA)
  • Reliable Automatic Sprinkler Co., Inc. (USA)

Fire Protection Materials Market Recent Developments

  • In June 2023, 3M Company launched a new line of fire-resistant coatings for steel structures.
  • In May 2023, AkzoNobel N.V. announced the acquisition of Tytan Group, a Polish manufacturer of fire protection materials.
  • In April 2023, BASF SE launched a new line of intumescent coatings for wood products.

Global Fire Protection Materials Key Market Trends

Sustainable Solutions

  • Increasing demand for eco-friendly fire protection materials, driven by environmental concerns and regulations.

Advanced Technologies

  • Adoption of innovative materials like intumescent coatings and fire-resistant composites for enhanced protection.

Urbanization Impact

  • Rapid urban growth fuels construction activities, boosting demand for fire-resistant building materials.

Global Fire Protection Materials Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our analysis, the global fire protection materials market is poised for promising growth in the coming years as heightened awareness regarding fire safety, stringent building codes and regulations, and increasing industrial activities drive the demand for advanced fire protection solutions. The incorporation of innovative materials such as fire-resistant coatings, flame-retardant fabrics, and advanced fire suppression systems across residential, commercial, and industrial sectors is expected to fuel market expansion. Additionally, the growing emphasis on sustainable and eco-friendly fire protection materials aligns with evolving consumer preferences and regulatory mandates, presenting new opportunities for market players. As urbanization accelerates and infrastructure development persists, the fire protection materials market is anticipated to witness sustained growth, marked by technological advancements and strategic collaborations to address evolving fire safety challenges on a global scale.

Report Metric Details
Market size value in 2021 USD 3.33 billion
Market size value in 2030 USD 6.81 billion
Growth Rate 8.27%
Base year 2021
Forecast period 2023-2030
Forecast Unit (Value) USD Billion
Segments covered
  • Product
    • Fire-resistant coatings, fireproof sealants, fire-resistant boards, and others
  • Application
    • Residential, commercial, and industrial sectors
  • End-user
    • Construction, oil & gas, manufacturing, and transportation
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
  • Tyco International Ltd. (Ireland)
  • Johnson Controls International plc (Ireland)
  • Honeywell International Inc. (USA)
  • Siemens AG (Germany)
  • United Technologies Corporation (USA)
  • Hochiki Corporation (Japan)
  • Gentex Corporation (USA)
  • Minimax Viking Group (Germany)
  • Hochiki America Corporation (USA)
  • Fike Corporation (USA)
  • Halma plc (United Kingdom)
  • Xtralis (Ireland)
  • Kidde-Fenwal, Inc. (USA)
  • Notifier by Honeywell (USA)
  • Advanced Detection Technology (USA)
  • Marioff Corporation Oy (Finland)
  • Spectrex Inc. (USA)
  • Firefly AB (Sweden)
  • Victaulic (USA)
  • Reliable Automatic Sprinkler Co., Inc. (USA)
Customization scope

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  • Region

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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 Global Fire Protection Materials 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
  • 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 Global Fire Protection Materials 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
  • 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
  • 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(%)

Methodology

For the Global Fire Protection Materials 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 Global Fire Protection Materials 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 Global Fire Protection Materials Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Fire Protection Materials 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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FAQ's

Fire Protection Materials Market size was valued at USD 3.33 billion in 2021 and is poised to grow from USD 3.90 billion in 2023 to USD 6.81 billion by 2030, at a CAGR of 8.27% during the forecast period (2023-2030).

The global fire protection materials market's competitive landscape is characterized by a dynamic interplay of established industry leaders and innovative newcomers. Prominent players such as Tyco International, Johnson Controls, 3M Company, and Honeywell International dominate with their extensive product portfolios, technological advancements, and wide geographic presence. These industry giants face competition from emerging firms like Fike Corporation and Flame Control, which are gaining traction through novel solutions and strategic partnerships. The market's evolution is driven by a growing emphasis on sustainable and eco-friendly materials, fostering intense R&D activities and collaborations to meet evolving fire safety demands worldwide. 'Tyco International Ltd. (Ireland)', 'Johnson Controls International plc (Ireland)', 'Honeywell International Inc. (USA)', 'Siemens AG (Germany)', 'United Technologies Corporation (USA)', 'Hochiki Corporation (Japan)', 'Gentex Corporation (USA)', 'Minimax Viking Group (Germany)', 'Hochiki America Corporation (USA)', 'Fike Corporation (USA)', 'Halma plc (United Kingdom)', 'Xtralis (Ireland)', 'Kidde-Fenwal, Inc. (USA)', 'Notifier by Honeywell (USA)', 'Advanced Detection Technology (USA)', 'Marioff Corporation Oy (Finland)', 'Spectrex Inc. (USA)', 'Firefly AB (Sweden)', 'Victaulic (USA)', 'Reliable Automatic Sprinkler Co., Inc. (USA)'

Increasing adoption of strict building and fire safety codes globally drives demand for advanced fire protection materials.

Increasing demand for eco-friendly fire protection materials, driven by environmental concerns and regulations.

The global fire protection materials market exhibits diverse regional dynamics. In North America, stringent safety regulations and robust infrastructural development drive demand for advanced fire-resistant solutions. Europe emphasizes sustainable and eco-friendly materials, leveraging technological advancements for enhanced fire safety. The Asia-Pacific region experiences rapid urbanization and industrialization, fostering significant growth in fire protection material adoption. Meanwhile, in Latin America and the Middle East, rising awareness about fire hazards in commercial and residential sectors fuels the market. Africa showcases a gradual shift towards modern construction practices with a growing inclination towards fire-resistant materials, contributing to the global market's multifaceted evolution.

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Global Fire Protection Materials Market

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