Fire Protection Materials Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2022-2027

Report Code: CMR 70556 Report Format: PDF + Excel

Fire Protection Materials Market Overview

The Fire Protection Materials market size is estimated to reach US$4.3 billion by 2027 after growing at a CAGR of 8.8% during the forecast period 2022-2027. Fire Protection Materials possess fire resistance properties which makes them incombustible. They are used in various industrial products such as foams, coatings, sealants and plaster which include gypsum and fibrous and cementitious spray proofing. The thermal resistance nature of fire protection materials is a major contributing factor to their market growth. Furthermore, the growing usage of these materials as foams, sealants and coatings in major sectors like transportation, building & construction, oil & gas and electrical & electronics is also influencing the growth of fire protection materials market. Factors like the bolstering growth of the automotive and building & construction sector and growing consumption of electronic items are boosting the demand for fire protection materials thereby offering major growth opportunities in the fire protection materials industry. However, the potential health effects of fire protection materials could pose a challenge in the market growth, thereby negatively impacting the fire protection materials market size during the forecast period. The COVID-19 pandemic slowed down industrial activities on account of the lockdown implemented on a global scale. Major fire protection materials using sectors like transportation and building & construction saw a drop in their productivity which caused a reduction in demand for fire protection materials resulting in a negative impact on fire protection materials industry outlook. 

Fire Protection Materials Market Report Coverage

The “Fire Protection Materials Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Fire Protection Materials market.

By Product Type: Sealants, Coatings, Mortars, Putties, Plasters (Gypsum, Cementitious, Fibrous and Spray Proofing) and Others
By Application: Renovation/ Remodeling Construction Activities, New Construction Activities, Casting Equipments and Others
By End-Use Industry: Transportation (Automotive, Locomotive, Aerospace and Marine), Building & Construction (Residential, Commercial, Industrial and Infrastructural), Electrical & Electronics, Oil & Gas Industry and Others
By Geography: North America (USA, Canada and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Belgium and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America), Rest of the World (Middle East [Saudi Arabia, UAE, Israel and Rest of the Middle East] and Africa [South Africa, Nigeria and Rest of Africa])

Key Takeaways

  • Asia-Pacific dominates the Fire Protection Materials industry owing to the flourishing demand for fire protection materials from the transportation and building & construction sector which are rapidly growing in the region.
  • Superior properties of Fire Protection Materials such as inhibiting and suppressing the combustion process thereby preventing potential fire spread could drive their demand in the electrical and electronic sector.
  • Flourishing growth in fuel-efficient vehicle technologies coupled with growing demand for fuel-efficient vehicles will accelerate the usage of Fire Protection Materials in electric vehicle batteries, thereby positively impacting the fire protection materials industry outlook.


Figure: Asia-Pacific Fire Protection Materials Market Revenue, 2021-2027 (US$ Million)
Fire Protection Materials Market
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Fire Protection Materials Market Segment Analysis – by Product Type

The coating held the largest share in the Fire Protection Materials market share in 2021 and is forecasted to grow at a CAGR of 8.9% during the forecast period 2022-2027. Fire Protection Materials such as coating are majorly used in sectors like transportation which includes automotive & aerospace and building & construction. As a coating, they provide a protective layer on automotive components and building materials like steel which increases their fire resistance duration and prevents them from disintegrating under heat. Rapid growth in the automotive and construction sector on account of growing investments in them has increased their production output. For instance, according to the International Organization of Motor Vehicle Manufacturers, in 2021, global production for light commercial vehicles stood at 18.59 million units, showing 8% in comparison to the 2020 production level. Furthermore, according to Eurostat, in October 2021, production in construction increased by 4.2% in the EU. Such an increase will accelerate the demand for coating products in the automotive and construction sectors thereby contributing to the segment growth.

Fire Protection Materials Market Segment Analysis – by End-Use Industry

Building & Construction held the largest share in the Fire Protection Materials market share and is forecasted to grow at a CAGR of 9.5% during the forecast period 2022-2027. Fire Protection Materials find major applicability in building & construction during remodeling construction activities or new construction activities where they are used as protective coatings or foams on building materials. The building & construction sector is flourishing on account of rapid urbanization, development of architectural sites and government policies for housing construction. For instance, according to Mexico’s National Institute of Statistics and Geography, in Q2 of 2021, the construction industry in Mexico posted a high year-on-year growth rate of 33.8%. Furthermore, according to the Australian Bureau of Statistics, in February 2022, the number of dwellings approved in Australia rose 43.5% with private sector house approvals showing a 16.5% rise. With such a rise in construction activities, the demand for fire protection materials is anticipated to rise for coatings and foams products which are projected to boost the fire protection materials market growth during the forecasted period.

Fire Protection Materials Market Growth Segment Analysis – by Geography

Asia-Pacific held the largest share in the Fire Protection Materials market share in 2021 up to 42%. The fueling demand for Fire Protection Materials is influenced by the continuously growing transportation and building & construction sector in major economies like China, Japan and India. The building & construction sector is growing in the APAC region on account of a growing number of infrastructural projects and affordable house building policies. Whereas, in the transportation sector, the automotive sector on account of the high demand for passenger cars coupled with technological advancements in automotive manufacturing has shown tremendous growth. According to the Ministry of Statistics and Program Implementation, in Q4 of 2020, the Indian construction industry grew by 6.2%. According to Japan’s Ministry of Land, Infrastructure, Transport and Tourism, in June 2021, construction the order for new houses increased to 32.3% compared to 13.4% in the 2020 same month. Furthermore, according to International Organization the Motor Vehicle Manufacturers, in 2021, passenger vehicle production in China stood at 21.5 million units, showing a 7% increase in comparison with the 2020 production level. With the robust growth of building & construction and the automotive sector in Asia-Pacific, the demand for fire protection products like foam, coatings, plaster and gypsum will also accelerate, resulting in positive growth of fire protection materials market.

Fire Protection Materials Market Drivers

Bolstering Growth of Automotive Sector:

Fire Protection Materials such as coatings are used in automotive interiors such as seats and dashboards, while in electric vehicles they provide a protective layer to batteries which prevents them from catching fire on getting heated up. Furthermore, as foam products, fire protection materials have high applicability in manufacturing plants where they are majorly used to prevent fire incidence during the manufacturing process. The automotive sector has shown significant growth on account of high demand for passenger & light commercial vehicles, as well as the setting up of new electric vehicle plants. For instance, according to the International Organization of Motor Vehicle Manufacturers, in 2021, global passenger vehicles production stood at 57 million units showing a 2% increase while light commercial vehicles production stood at 18.6 million units showing an 8% increase. Furthermore, US Department Energy, in October 2021, announced the establishment of 13 new electric vehicle plants in Southeast & Midwest locations which will be operational within the next five years. Such growth in the automotive sector will significantly increase the demand for foam and coating products of fire protection materials, thereby positively impacting fire protection materials industry growth.

Growing Consumption of Electronic Items:

Electronic products consist of components such as semiconductors, circuit boards, transformers and batteries that are considered to be potential ignition sources. Fire Protection Materials are majorly used during the casting process of these components to prevent small ignition from turning into bigger fire scenarios. The electrical & electronics sector on account of the flourishing demand for electrical devices and consumer electronics like smartphones, television and PCs, has grown rapidly. For instance, according to the India Brand Equity Foundation (IBEF), the electronics manufacturing industry in India is projected to reach US$520 billion by the year 2025. Furthermore, according to World Semiconductor Trade Statistics, in 2021, global semiconductor industry sales totaled US$555.9 billion in 2021, showing an increase of 26.2%. With such an increase in electronic production and sales of semiconductors, the demand for fire protection materials for casting applications will also increase. This will provide growth opportunities for the fire protection materials industry.

Fire Protection Materials Market Challenge

Negative Health Effects of Fire Protection Materials:

Fire Protection Materials though have high industrial applicability but negative health effects caused by their consumption could pose a major challenge in the growth of the fire protection materials industry. Improper handling of plaster such as gypsum could lead to workers getting exposed to such items which would result in a series of serious health effects ranging from coughing, sneezing and skin & eyes irritation to nosebleed and upper respiratory problems. The negative health effects of gypsum plaster could limit their usage in certain industrial sectors such as building & construction, thereby negatively impacting the fire protection materials market size during the forecast period.

Fire Protection Materials Industry Outlook

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Fire Protection Materials market. Top 10 companies in the Fire Protection Materials Market are:

  1. Hilti Group
  2. 3M Company
  3. Trelleborg
  4. Henkel
  5. Morgan Advance Materials
  6. Azko Nobel NV
  7. BASF
  8. Isolatek International
  9. Rockwool International A/S
  10. Sherwin Williams Company

Recent Developments

  • In May 2022, Henkel launched two new fire protection coating products Loctite EA 9400 and Loctite FPC 5060 which the company has designed to protect electric vehicle batteries against heat and fire in case of a thermal runaway event.
  • In July 2021, Trelleborg launched its new lightweight fire-resistant material which could be flame resistant to 1500°C for up to seven hours and has cryogenic performance rated -192°C.
  • In July 2021, Perimeter Solutions Acquires Magnum Fire & Safety System which is a manufacturer of firefighting foam equipment and the acquisition will expand the company’s ability in globally develop fire-resistant foam.

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1. Fire Protection Materials Market- Market Overview
    1.1 Definitions and Scope
2. Fire Protection Materials Market - Executive Summary
    2.1 Key Trends by Product Type
    2.2 Key Trends by Application
    2.3 Key Trends by End-Use Industry
    2.4 Key Trends by Geography
3. Fire Protection Materials Market – Comparative analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Fire Protection Materials Market - Startup companies Scenario Premium Premium 
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Fire Protection Materials Market – Industry Market Entry Scenario Premium Premium 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Fire Protection Materials Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. Fire Protection Materials Market – Strategic Analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Fire Protection Materials Market – by Product Type (Market Size -US$ Million/Billion)
    8.1 Sealants
    8.2 Coatings
    8.3 Mortars
    8.4 Putties
    8.5 Plasters
        8.5.1 Gypsum
        8.5.2 Cementitious
        8.5.3 Fibrous
        8.5.4 Spray Proofing
    8.6 Others
9. Fire Protection Materials Market – by Application (Market Size -US$ Million/Billion)
    9.1 Renovation/Remodeling Construction Activities
    9.2 New Construction Activities
    9.3 Casting Equipment
    9.4 Others
10. Fire Protection Materials Market - by End-Use Industry (Market Size - US$ Million/Billion)
    10.1 Transportation
        10.1.1 Automotive
        10.1.2 Locomotive
        10.1.3 Aerospace
        10.1.4 Marine
    10.2 Building & Construction
        10.2.1 Residential
        10.2.2 Commercial
        10.2.3 Industrial
        10.2.4 Infrastructural
    10.3 Electrical & Electronics
    10.4 Oil & Gas Industry
    10.5 Others
11. Fire Protection Materials Market – by Geography (Market Size - US$ Million/Billion)
    11.1 North America
        11.1.1 USA
        11.1.2 Canada
        11.1.3 Mexico
        11.2 Europe
        11.2.1 UK
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Netherlands
        11.2.6 Spain
        11.2.7 Belgium
        11.2.8 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 India
        11.3.4 South Korea
        11.3.5 Australia and New Zeeland
        11.3.6 Indonesia
        11.3.7 Taiwan
        11.3.8 Malaysia
        11.3.9 Rest of APAC
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Colombia
        11.4.4 Chile
        11.4.5 Rest of South America
    11.5 Rest of the World
        11.5.1 Middle East
            11.5.1.1 Saudi Arabia
            11.5.1.2 UAE
            11.5.1.3 Israel
            11.5.1.4 Rest of the Middle East
        11.5.2 Africa
            11.5.2.1 South Africa
            11.5.2.2 Nigeria
            11.5.2.3 Rest of Africa
12. Fire Protection Materials Market – Entropy
    12.1 New Product Launches
    12.2 M&As, Collaborations, JVs and Partnerships
13. Fire Protection Materials Market – Industry/Competition Segment Analysis Premium 
    13.1 Company Benchmarking Matrix – Major Companies
    13.2 Market Share by Key Application - Major companies
    13.3 Market Share by Key Product Type/Product category - Major companies
14. Fire Protection Materials Market – Key Company List by Country Premium Premium 
15. Fire Protection Materials Market Company Analysis - Business Overview, Product Portfolio, Financials and Developments
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10 and more
    *"Financials would be provided on a best effort basis for private companies."
    *Connect with our experts to get customized reports that best suit your requirements. Our report include global level data, niche markets and competitive landscape.

LIST OF TABLES

1.Global Fire Protection Materials Market By Product Type Market 2019-2024 ($M)
1.1 Sealants & Fillers Market 2019-2024 ($M) - Global Industry Research
1.2 Mortar Market 2019-2024 ($M) - Global Industry Research
1.3 Sheets/Boards Market 2019-2024 ($M) - Global Industry Research
1.4 Sprays Market 2019-2024 ($M) - Global Industry Research
1.5 Preformed Devices Market 2019-2024 ($M) - Global Industry Research
1.5.1 Pillow Market 2019-2024 ($M)
1.5.2 Wrap-Strips Market 2019-2024 ($M)
1.5.3 Collars Market 2019-2024 ($M)
1.5.4 Pu-Brick Market 2019-2024 ($M)
1.6 Putty Market 2019-2024 ($M) - Global Industry Research
1.7 Cast-In Devices Market 2019-2024 ($M) - Global Industry Research
2.Global Fire Protection Materials Market By Product Type Market 2019-2024 (Volume/Units)
2.1 Sealants & Fillers Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Mortar Market 2019-2024 (Volume/Units) - Global Industry Research
2.3 Sheets/Boards Market 2019-2024 (Volume/Units) - Global Industry Research
2.4 Sprays Market 2019-2024 (Volume/Units) - Global Industry Research
2.5 Preformed Devices Market 2019-2024 (Volume/Units) - Global Industry Research
2.5.1 Pillow Market 2019-2024 (Volume/Units)
2.5.2 Wrap-Strips Market 2019-2024 (Volume/Units)
2.5.3 Collars Market 2019-2024 (Volume/Units)
2.5.4 Pu-Brick Market 2019-2024 (Volume/Units)
2.6 Putty Market 2019-2024 (Volume/Units) - Global Industry Research
2.7 Cast-In Devices Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Fire Protection Materials Market By Product Type Market 2019-2024 ($M)
3.1 Sealants & Fillers Market 2019-2024 ($M) - Regional Industry Research
3.2 Mortar Market 2019-2024 ($M) - Regional Industry Research
3.3 Sheets/Boards Market 2019-2024 ($M) - Regional Industry Research
3.4 Sprays Market 2019-2024 ($M) - Regional Industry Research
3.5 Preformed Devices Market 2019-2024 ($M) - Regional Industry Research
3.5.1 Pillow Market 2019-2024 ($M)
3.5.2 Wrap-Strips Market 2019-2024 ($M)
3.5.3 Collars Market 2019-2024 ($M)
3.5.4 Pu-Brick Market 2019-2024 ($M)
3.6 Putty Market 2019-2024 ($M) - Regional Industry Research
3.7 Cast-In Devices Market 2019-2024 ($M) - Regional Industry Research
4.South America Fire Protection Materials Market By Product Type Market 2019-2024 ($M)
4.1 Sealants & Fillers Market 2019-2024 ($M) - Regional Industry Research
4.2 Mortar Market 2019-2024 ($M) - Regional Industry Research
4.3 Sheets/Boards Market 2019-2024 ($M) - Regional Industry Research
4.4 Sprays Market 2019-2024 ($M) - Regional Industry Research
4.5 Preformed Devices Market 2019-2024 ($M) - Regional Industry Research
4.5.1 Pillow Market 2019-2024 ($M)
4.5.2 Wrap-Strips Market 2019-2024 ($M)
4.5.3 Collars Market 2019-2024 ($M)
4.5.4 Pu-Brick Market 2019-2024 ($M)
4.6 Putty Market 2019-2024 ($M) - Regional Industry Research
4.7 Cast-In Devices Market 2019-2024 ($M) - Regional Industry Research
5.Europe Fire Protection Materials Market By Product Type Market 2019-2024 ($M)
5.1 Sealants & Fillers Market 2019-2024 ($M) - Regional Industry Research
5.2 Mortar Market 2019-2024 ($M) - Regional Industry Research
5.3 Sheets/Boards Market 2019-2024 ($M) - Regional Industry Research
5.4 Sprays Market 2019-2024 ($M) - Regional Industry Research
5.5 Preformed Devices Market 2019-2024 ($M) - Regional Industry Research
5.5.1 Pillow Market 2019-2024 ($M)
5.5.2 Wrap-Strips Market 2019-2024 ($M)
5.5.3 Collars Market 2019-2024 ($M)
5.5.4 Pu-Brick Market 2019-2024 ($M)
5.6 Putty Market 2019-2024 ($M) - Regional Industry Research
5.7 Cast-In Devices Market 2019-2024 ($M) - Regional Industry Research
6.APAC Fire Protection Materials Market By Product Type Market 2019-2024 ($M)
6.1 Sealants & Fillers Market 2019-2024 ($M) - Regional Industry Research
6.2 Mortar Market 2019-2024 ($M) - Regional Industry Research
6.3 Sheets/Boards Market 2019-2024 ($M) - Regional Industry Research
6.4 Sprays Market 2019-2024 ($M) - Regional Industry Research
6.5 Preformed Devices Market 2019-2024 ($M) - Regional Industry Research
6.5.1 Pillow Market 2019-2024 ($M)
6.5.2 Wrap-Strips Market 2019-2024 ($M)
6.5.3 Collars Market 2019-2024 ($M)
6.5.4 Pu-Brick Market 2019-2024 ($M)
6.6 Putty Market 2019-2024 ($M) - Regional Industry Research
6.7 Cast-In Devices Market 2019-2024 ($M) - Regional Industry Research
7.MENA Fire Protection Materials Market By Product Type Market 2019-2024 ($M)
7.1 Sealants & Fillers Market 2019-2024 ($M) - Regional Industry Research
7.2 Mortar Market 2019-2024 ($M) - Regional Industry Research
7.3 Sheets/Boards Market 2019-2024 ($M) - Regional Industry Research
7.4 Sprays Market 2019-2024 ($M) - Regional Industry Research
7.5 Preformed Devices Market 2019-2024 ($M) - Regional Industry Research
7.5.1 Pillow Market 2019-2024 ($M)
7.5.2 Wrap-Strips Market 2019-2024 ($M)
7.5.3 Collars Market 2019-2024 ($M)
7.5.4 Pu-Brick Market 2019-2024 ($M)
7.6 Putty Market 2019-2024 ($M) - Regional Industry Research
7.7 Cast-In Devices Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Fire Protection Materials Market Revenue, 2019-2024 ($M)
2.Canada Fire Protection Materials Market Revenue, 2019-2024 ($M)
3.Mexico Fire Protection Materials Market Revenue, 2019-2024 ($M)
4.Brazil Fire Protection Materials Market Revenue, 2019-2024 ($M)
5.Argentina Fire Protection Materials Market Revenue, 2019-2024 ($M)
6.Peru Fire Protection Materials Market Revenue, 2019-2024 ($M)
7.Colombia Fire Protection Materials Market Revenue, 2019-2024 ($M)
8.Chile Fire Protection Materials Market Revenue, 2019-2024 ($M)
9.Rest of South America Fire Protection Materials Market Revenue, 2019-2024 ($M)
10.UK Fire Protection Materials Market Revenue, 2019-2024 ($M)
11.Germany Fire Protection Materials Market Revenue, 2019-2024 ($M)
12.France Fire Protection Materials Market Revenue, 2019-2024 ($M)
13.Italy Fire Protection Materials Market Revenue, 2019-2024 ($M)
14.Spain Fire Protection Materials Market Revenue, 2019-2024 ($M)
15.Rest of Europe Fire Protection Materials Market Revenue, 2019-2024 ($M)
16.China Fire Protection Materials Market Revenue, 2019-2024 ($M)
17.India Fire Protection Materials Market Revenue, 2019-2024 ($M)
18.Japan Fire Protection Materials Market Revenue, 2019-2024 ($M)
19.South Korea Fire Protection Materials Market Revenue, 2019-2024 ($M)
20.South Africa Fire Protection Materials Market Revenue, 2019-2024 ($M)
21.North America Fire Protection Materials By Application
22.South America Fire Protection Materials By Application
23.Europe Fire Protection Materials By Application
24.APAC Fire Protection Materials By Application
25.MENA Fire Protection Materials By Application
26.The Hilti Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.3M, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Akzo Nobel N.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Morgan Advanced Materials, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Specified Technologies Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.ETEX, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Tremco Incorporated, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.BASF SE, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Isolatek International, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.USG Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)