내화 코팅 시장 예측(-2028년) : 유형, 적용 기술, 기술, 기판, 용도, 수지 유형 및 지역별 세계 분석

According to Stratistics MRC, the Global Fire Resistant Coatings Market is accounted for $1085.19 million in 2022 and is expected to reach $1496.31 million by 2028 growing at a CAGR of 5.5% during the forecast period. Fire resistant coatings are substances that help minimise fire by applying a coat to the desired surface to guarantee that you have enough coverage to provide the appropriate fire resistant security. Intumescent paint is another name for fire-resistant paint. The most common application of fire resistant coating is to prevent fire and flame from spreading across the surface by leaking gas as they heat up. Fire resistant coatings reduce the danger of fire damage to surfaces. The need for fire-resistant coatings is expected to rise rapidly as a result of increased awareness and stringent fire protection requirements and regulations.

According to Eurostat, the overall construction industry and building construction output growth in Europe (EU-28) was 2.6% and 2.4% in 2019.

Market Dynamics:

Driver:

Increasing global awareness, new rules, and a greater emphasis on safety measures

The increasing frequency of fire incidents resulting in injuries, deaths, and property damage has resulted in the implementation of many laws, regulations, and standards for fire safety and fire protection. Europe and North America have the most safety standards and regulations in this area when compared to other locations. As newly constructed buildings and processing plants must fulfil the required safety and fire resistance standards, the implementation of severe rules and norms is increasing the demand for fire-resistant coatings. Given the prospects for expansion, market participants are focused on developing new and innovative products that meet demanding safety and fire protection regulations.

Restraint:

Availability of low-cost alternatives for some applications

The usage of sophisticated fire-resistant coating in all applications is prohibitively expensive. The cost of coatings is an essential consideration when selecting fire-coating materials and the application process. High-end fire-resistant coating may not be an economical solution for applications with less tight criteria and low volumes. Active fire protection, such as fire extinguishers and other low-cost cementitious coatings are less expensive and favoured over other fire-resistance coatings in some applications. As a result, the availability of low-cost substitutes is limiting the coating market in several applications.

Opportunity:

Growing demand for fire-resistant coatings in renovation projects

Fire-resistant coatings are utilised not only in new construction projects, but also in the maintenance of existing commercial and residential structures and buildings. Aside from fire protection, these coatings are resistant to weather and corrosion. They require fewer repairs and have a longer service life. People are becoming more aware of the benefits of these coatings and are incorporating them into both repair and new building projects. According to the European Union, over 35% of buildings in Europe are over 50 years old, with roughly 0.4-1.2% of buildings refurbished per year. With a greater emphasis on clean energy and building safety, stiffer standards for renovating older buildings are in force. This aspect has the potential to enhance global demand for fire-resistant coatings.

Threat:

Concerns related to coating application and durability

Prolonged exposure to hostile environments affects the characteristics of intumescent coatings, resulting in the orange-peel effect, which is a key concern, associated with their use. Moreover, incorrect application and pre-application surface treatments cause the coatings to droop on the substrates. Furthermore, when exposed to fire, the coatings swell and generate a burned layer. This produces smoke, which might impair the visibility of persons attempting to flee a specific region. The leading players in the intumescent coatings market are concentrating on creating coatings that provide fire protection, produce less smoke, have a thinner film, and have good aesthetic features. These advancements will improve the demand for intumescent coatings.

COVID-19 Impact:

The global business ecology was shattered by the COVID-19 pandemic. Nevertheless, this epidemic has had a significant detrimental influence on a big number of fire-resistant coatings industries in a variety of ways. This is due to the fact that the governments' lockdowns and social distancing measures have had a substantial impact on demand and consumption of fire-resistant coatings. However, the fire-resistant coating business is expected to develop in the post-pandemic period as countries' economies recover.

The intumescent segment is expected to be the largest during the forecast period

The intumescent segment is estimated to have a lucrative growth. The majority of uses for this kind of coating, which can be waterborne or solvent-borne, are in the building and construction industry. Additionally, it is better than cementitious replacements since it is thinner, greatly reduces the weight of the substrates and structures as a whole, and has higher fire protection qualities. The aforementioned benefits of the intumescent type of fire-resistant coating drive this market's expansion.

The solvent-borne segment is expected to have the highest CAGR during the forecast period

The solvent-borne segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the fact that solvent-borne coatings often outlast aqueous coatings in terms of durability. Additionally, solvent-based fire-resistant coatings are frequently applied to structures under construction as a thermal barrier during fire threats; as a result, the expansion of the global construction sector propels the expansion of this market segment.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period, as a result of increased awareness and the focus on safety measures in nations like China and India. Additionally, it is anticipated that rising foreign direct investment (FDI) for South East Asia's economic development will strengthen the region's building and construction sector. This element has also given the sector lucrative new growth potential.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to numerous fire safety standards in the manufacturing, building, and construction sectors. Europe is dominated by nations like Germany and the United Kingdom. A number of industry participants also provide fire-resistant coatings materials that adhere to European norms. In order to comply with European fire prevention laws for public facilities including hospitals, theatres, cinemas, and schools, ICA Group, for instance, produces Prometea fire-retardant coatings.

Key players in the market:

Some of the key players profiled in the Fire Resistant Coatings Market include: PPG Industries, Arabian Vermiculite, Akzonobel N.V., Sika AG, Etex Group, Contego International, The Sherwin-Williams Company, Rudolf Hensel GmbH, Hempel A/S, Envirograf, Teknos Group, Promat International and Rpm International.

Key Developments:

In May 2020, Hempel A/s has begun the construction of a new factory in Yantai Chemical Industrial Park, China. The plant will have a production capacity of more than 100,000 tons per year and will be inaugurated by 2021.

In September 2020, Etex Group had acquired the UK-based passive fire protection company named FSi Limited, having a production facility in Measham, East Midlands, and a distribution center in London.

In August 2019, The Sherwin-Williams Company acquired the business and assets of Dresdner Lackfabrik Novatic (Germany) in Germany, Poland, and the Czech Republic.

In May 2019, Teknos Group acquired the Czech Republic-based Finnproduct, a distributor, to expand its customer base to the domestic market.

In March 2019, AkzoNobel N.V. launched a new fire protection coating system for the wooden building facade, which got approved in Europe.

In March 2019 Sika AG launched epoxy intumescent fire protection coating for structural steel under the trademark Sika Unitherm Platinum-120, for interior or exterior application.

Types Covered:

• Cementitious
• Intumescent
• Other Types

Application Techniques Covered:

• Brush & Roller
• Spray

Technologies Covered:

• Solvent-Borne
• Water-Borne

Substrates Covered:

• Wood
• Metal
• Other Substrates

Applications Covered:

• Aerospace
• Building & Construction
• Industrial
• Oil & gas
• Marine
• Automotive
• Electrical & Electronics
• Furniture
• Textiles
• Other Applications

Resin Types Covered:

• Acrylic
• Silicon
• Vinyl
• Epoxy
• Other Resin Types

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Fire Resistant Coatings Market, By Type

• 5.1 Introduction
• 5.2 Cementitious
• 5.3 Intumescent
• 5.4 Other Types

6 Global Fire Resistant Coatings Market, By Application Technique

• 6.1 Introduction
• 6.2 Brush & Roller
• 6.3 Spray

7 Global Fire Resistant Coatings Market, By Technology

• 7.1 Introduction
• 7.2 Solvent-Borne
• 7.3 Water-Borne

8 Global Fire Resistant Coatings Market, By Substrate

• 8.1 Introduction
• 8.2 Wood
• 8.3 Metal
• 8.4 Other Substrates

9 Global Fire Resistant Coatings Market, By Application

• 9.1 Introduction
• 9.2 Aerospace
• 9.3 Building & Construction
• 9.4 Industrial
• 9.5 Oil & gas
• 9.6 Marine
• 9.7 Automotive
• 9.8 Electrical & Electronics
• 9.9 Furniture
• 9.10 Textiles
• 9.11 Other Applications

10 Global Fire Resistant Coatings Market, By Resin Type

• 10.1 Introduction
• 10.2 Acrylic
• 10.3 Silicon
• 10.4 Vinyl
• 10.5 Epoxy
• 10.6 Other Resin Types

11 Global Fire Resistant Coatings Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 PPG Industries
• 13.2 Arabian Vermiculite
• 13.3 Akzonobel N.V.
• 13.4 Sika AG
• 13.5 Etex Group
• 13.6 Contego International
• 13.7 The Sherwin-Williams Company
• 13.8 Rudolf Hensel GmbH
• 13.9 Hempel A/S
• 13.10 Envirograf
• 13.11 Teknos Group
• 13.12 Promat International
• 13.13 Rpm International