세계의 팽창성 코팅 시장 : 유형, 기재, 배합 베이스, 기술, 용도, 최종사용자, 지역별 분석, 예측(-2032년)

According to Stratistics MRC, the Global Intumescent Coatings Market is accounted for $1.2 billion in 2025 and is expected to reach $1.7 billion by 2032 growing at a CAGR of 5.6% during the forecast period. Intumescent coatings are passive fire protection materials that expand when exposed to high temperatures, forming an insulating char layer. This layer delays heat transfer, protecting structural elements like steel, wood, or concrete from fire damage. Commonly used in construction and industrial settings, these coatings enhance safety by maintaining structural integrity during a fire, allowing more time for evacuation and firefighting efforts. They are applied as paint-like substances and activate at specific temperatures.

Market Dynamics:

Driver:

Growth in construction and infrastructure development

Due to rapid urbanization, particularly in emerging economies, there is a heightened demand for advanced fire protection solutions in commercial, residential, and industrial structures. Furthermore, stricter building codes and a growing emphasis on occupant safety have led to the widespread adoption of intumescent coatings, which provide passive fire protection by insulating structural materials during fire incidents. This trend is further supported by investments in modernizing existing infrastructure and the proliferation of high-rise buildings, ensuring sustained market growth.

Restraint:

Long application and curing times

Extended drying and curing periods can delay construction or renovation schedules, leading to increased project costs and logistical challenges. Moreover, the need for specialized labor and controlled environmental conditions during application further complicates project timelines. These factors can deter end-users from selecting intumescent coatings, especially when faster alternatives are available, thereby restraining the market's growth potential despite the coatings' proven fire protection benefits.

Opportunity:

Integration with smart fire detection systems

By combining passive fire protection with real-time monitoring and automated response technologies, manufacturers can offer comprehensive safety solutions that enhance both building resilience and occupant protection. Additionally, this synergy addresses the evolving needs of modern infrastructure, where digitalization and intelligent systems are increasingly prioritized. Such innovations improve operational efficiency but also align with the growing trend toward smart buildings, opening new avenues for the adoption of advanced intumescent coatings.

Threat:

Volatile organic compound (VOC) regulations

Many traditional formulations contain high levels of VOCs, which are increasingly restricted due to their environmental and health impacts. Compliance with these evolving standards necessitates significant investment in research and development to create low-VOC or water-based alternatives. Furthermore, manufacturers face challenges in maintaining product performance while adhering to regulatory limits, potentially increasing production costs and limiting market accessibility for non-compliant products.

Covid-19 Impact:

The Covid-19 pandemic had a considerable negative impact on the intumescent coatings market. Lockdowns, travel restrictions, and workforce shortages disrupted global supply chains, causing delays in the production and delivery of both raw materials and finished products. Construction activities were postponed or halted due to social distancing measures and economic uncertainty, resulting in reduced demand for intumescent coatings. However, as restrictions eased and infrastructure projects resumed, the market began to recover, supported by renewed investments and the implementation of enhanced safety protocols.

The thin-film segment is expected to be the largest during the forecast period

The thin-film segment is expected to account for the largest market share during the forecast period. Thin-film intumescent coatings are widely used in the building and construction industry, particularly for the passive fire protection of structural steel. Their popularity stems from their ability to provide effective fire resistance while maintaining a minimal profile, which is crucial in commercial and transportation projects where space and weight are at a premium. Additionally, advancements in thin-film technology have improved application efficiency and aesthetic integration, further driving their adoption across diverse end-use sectors.

The water-based segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the water-based segment is predicted to witness the highest growth rate due to their low VOC emissions, environmental friendliness, and compliance with stringent regulatory standards. Moreover, ongoing technological advancements have enhanced their fire protection capabilities and durability, making them a preferred choice for sustainable construction practices. As green building certifications and eco-friendly materials become more prominent, the demand for water-based intumescent coatings is set to accelerate.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share. This dominance is driven by robust construction activity, rapid urbanization, and significant investments in infrastructure development across countries like China and India. Additionally, the presence of numerous end-user industries, easy access to raw materials, and comparatively lenient VOC regulations have contributed to the region's leadership.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR. The region's exceptional growth trajectory is underpinned by ongoing industrialization, urban expansion, and the implementation of stricter fire safety regulations. Furthermore, increasing awareness of fire protection solutions and the adoption of advanced, eco-friendly coatings support this rapid growth. The surge in construction of high-rise buildings and infrastructure projects, coupled with government initiatives to enhance safety standards, positions Asia Pacific as the fastest growing market.

Key players in the market

Some of the key players in Intumescent Coatings Market include Sherwin-Williams Company, PPG Industries Inc., AkzoNobel NV, Jotun Group, Hempel A/S, BASF SE, Carboline, 3M, Contego International Inc., Isolatek International, Albi Protective Coating, No-Burn Inc., RPM International Inc., Tremco Illbruck and Sika AG.

Key Developments:

In April 2025, Materials Performance (MP) magazine honored Sherwin-Williams Protective & Marine with a 2025 MP Corrosion Innovation of the Year Award for its Heat-Flex(R) CUI-mitigation coatings during the 2025 Association for Materials Protection and Performance (AMPP) Annual Conference + Expo. Recognized by a panel of industry experts, the annual award spotlights cutting-edge technologies that significantly advance corrosion control and asset protection on a global scale.

In September 2024, PPG announced the launch of PPG STEELGUARD(R) 951 epoxy intumescent fire protection coating in the Americas. This innovative product is designed for advanced manufacturing facilities, including semiconductor plants, electric vehicle battery facilities, data centers and other commercial infrastructure. After a successful launch in Europe and the Middle East, PPG Steelguard 951 coating is now available in North and Latin America.

Types Covered:

• Thin-Film
• Thick-Film

Substrates Covered:

• Structural Steel & Cast Iron
• Wood & Timber
• Concrete
• Cables & Pipelines
• Other Substrates

Formulation Bases Covered:

• Epoxy-Based
• Acrylic-Based
• Polyurethane-Based

Technologies Covered:

• Epoxy-Based
• Acrylic-Based
• Polyurethane-Based

Applications Covered:

• Spray
• Brush/Roller

End Users Covered:

• Building & Construction
• Oil & Gas
• Automotive
• Aerospace
• Marine
• Electrical & Electronics
• Other End Users

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 2024, 2025, 2026, 2028, and 2032
• 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 End User Analysis
• 3.9 Emerging Markets
• 3.10 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 Intumescent Coatings Market, By Type

• 5.1 Introduction
• 5.2 Thin-Film
• 5.3 Thick-Film

6 Global Intumescent Coatings Market, By Substrate

• 6.1 Introduction
• 6.2 Structural Steel & Cast Iron
• 6.3 Wood & Timber
• 6.4 Concrete
• 6.5 Cables & Pipelines
• 6.6 Other Substrates

7 Global Intumescent Coatings Market, By Formulation Base

• 7.1 Introduction
• 7.2 Epoxy-Based
• 7.3 Acrylic-Based
• 7.4 Polyurethane-Based

8 Global Intumescent Coatings Market, By Technology

• 8.1 Introduction
• 8.2 Epoxy-Based
• 8.3 Acrylic-Based
• 8.4 Polyurethane-Based

9 Global Intumescent Coatings Market, By Application

• 9.1 Introduction
• 9.2 Spray
• 9.3 Brush/Roller

10 Global Intumescent Coatings Market, By End User

• 10.1 Introduction
• 10.2 Building & Construction
  • 10.2.1 Residential
  • 10.2.2 Commercial
  • 10.2.3 Industrial
• 10.3 Oil & Gas
• 10.4 Automotive
• 10.5 Aerospace
• 10.6 Marine
• 10.7 Electrical & Electronics
• 10.8 Other End Users

11 Global Intumescent 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 Akzo Nobel N.V.
• 13.2 PPG Industries, Inc.
• 13.3 The Sherwin-Williams Company
• 13.4 Jotun Group
• 13.5 Hempel A/S
• 13.6 3M Company
• 13.7 Sika AG
• 13.8 Carboline Company
• 13.9 Isolatek International
• 13.10 Contego International Inc.
• 13.11 No-Burn Inc.
• 13.12 Nullifire
• 13.13 Rudolf Hensel GmbH
• 13.14 Albi Protective Coatings
• 13.15 Flame Control Coatings LLC
• 13.16 RPM International Inc.
• 13.17 BASF SE
• 13.18 Teknos Group