Press release
Fireproofing Materials Market Growth to be Driven by Emerging Trends | $2.42 Billion by 2029
Fireproofing Materials
What is the Projected Market Size of the Fireproofing Materials Industry?
The market size for fireproofing materials has been on a steady rise in the past few years. It is projected to escalate from $1.21 billion in 2024 to $1.37 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 13.7%. The previous growth can be linked to fulfilling building codes, the escalation of high-rise buildings construction, more awareness about fire safety measures, growth in industrial and commercial structures, and prerequisites set by the insurance industry.
What Will Be the Size of the Fireproofing Materials Market by 2029?
The market size for fireproofing materials is predicted to surge impressively in the coming years, expanding up to $2.42 billion by 2029, with a compound annual growth rate (CAGR) of 15.3%. Factors contributing to this anticipated growth within the forecast duration include the intensifying adaptation to climate change, the rise in advanced fire-resistant coatings, burgeoning infrastructure development, ongoing retrofits of preexisting buildings, and the demand for high-performance insulation. Looking ahead, the forecast period indicates trends towards eco-friendly and sustainable fireproofing methods, smart fireproofing systems, innovative fireproofing materials, protection of data centers and crucial infrastructure, as well as regulatory compliance and certification.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/fireproofing-materials-global-market-report
What Are the Key Drivers Accelerating Growth in the Fireproofing Materials Market?
The fireproofing materials market is experiencing growth, heavily influenced by the escalating number of fire incidents. Fire incidents are unintended and abrupt events caused by fire, leading to severe property damages and injuries. The surge in fire incidents has resulted in increased demand for fireproofing materials across varied end-use industries. In April 2024, information released by GOV. UK, a website providing government services and data in the UK, disclosed that December 2023 observed 269 deaths from 250 fatal fires, exhibiting an upward trend from the previous year which reported 257 deaths in 238 fatal fires. Thus, the proliferation in fire incidents is propelling the expansion of the fireproofing materials market.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6042&type=smp
How Is the Fireproofing Materials Market Segmented by Type, Application, and Region?
The fireproofing materials market covered in this report is segmented -
1) By Type: Intumescent Coatings, Thin Film, Thick Film
2) By Substrates: Metal, Wood
3) By Technology: Solvent-Borne, Water-Borne
4) By End-User: Energy And Power, Manufacturing, Oil And Gas, Petrochemical, Transportation And Logistics Industries, Other End-Users
Subsegments:
1) By Intumescent Coatings: Water-Based Intumescent Coatings, Solvent-Based Intumescent Coatings
2) By Thin Film: Thin Film Fire-Resistive Coatings, Spray-Applied Thin Film Coatings
3) By Thick Film: Cementitious Thick Film Coatings, Spray-Applied Thick Film Coatings
What Are the Key Trends Driving Growth in the Fireproofing Materials Market?
Introducing new products is emerging as a significant trend in the fireproofing materials market. These launches enhance the user's protection from fire. Prominent companies in the fireproofing materials industry are striving to innovate advanced materials to bolster their market standing. For example, in April 2022, Henkel AG & co. KGaA, a consumer goods and chemicals firm based in Germany, unveiled new fire safety products for EV batteries - Loctite EA 9400 and Loctite FPC 5060. These coatings, when applied to battery packs, help slow and thwart the propagation of fires, ensuring passenger safety in case of evacuation. Thanks to their effective and cost-efficient application methods, manufacturers can maintain safety while continuing to improve battery production.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=6042&type=smp
Who Are the Leading Companies Driving Growth in the Fireproofing Materials Market?
Major companies operating in the fireproofing materials market include 3M Company, Akzo Nobel N.V., BASF SE, Etex Group, FlameOFF Coatings Inc., Intumescent Systems Ltd., Isolatek International, Jotun Group, PK Companies, PPG Industries Inc., ROCKWOOL International A/S, RPM International Inc., Sika Services AG, Albi Protective Coatings, Alsey Refractories Co., Carboline Pvt. Ltd., Chartek New Zealand, Firetherm Ltd., Flame Control Coatings, Grace Construction Co., Hempel AS, Hilti Corp., International Fireproof Technology Inc., Leighs Paints Co. Ltd., Monokote, Nullifire Ltd., Promat International, Pyro-Cote Corporation, Sherwin-Williams Co., Specified Technologies Inc.
Which Is the Leading Region in the Global Fireproofing Materials Market?
North America was the largest region in the fireproofing materials market in 2024. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the fireproofing materials market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
#Reach Out to Us#
Speak With Our Expert:
Saumya Sahay
Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267
Email: saumyas@tbrc.info
The Business Research Company - www.thebusinessresearchcompany.com
Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fireproofing Materials Market Growth to be Driven by Emerging Trends | $2.42 Billion by 2029 here
News-ID: 4159218 • Views: …
More Releases from The Business Research Company
Polyglycerol Industry Expected to Reach $3.77 Billion by 2029 at 9.1% CAGR
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Polyglycerol Market Value Projection: How Much Will the Market Size by 2025?
In recent times, the polyglycerol market has seen substantial growth. The market is projected to increase from $2.48 billion in 2024 to $2.66 billion in 2025, with a compound annual growth rate (CAGR) of 7.3%. The growth during the…
Emission Control Catalysts Market is Anticipated to Expand upto $45.22 Billion i …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Forecasted Market Growth Rate of the Emission Control Catalysts Industry?
The market size for emission control catalysts has experienced robust growth in the past few years. The market value is set to increase from $27.01 billion in 2024 to $29.48 billion in 2025, reflecting a compound annual growth…
Paper Pigments Industry Growth Outlook: 6% CAGR and $23 Billion by 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Long-Term Growth Forecast for the Paper Pigments Market Size 2025?
The market size of paper pigments has been experiencing stable growth in the past few years. The market, which is valued at $17.47 billion in 2024, is predicted to rise to $18.21 billion in 2025, showcasing a compound annual…
Decorative Coatings Market Size Forecast: $109.44 Billion by 2029 | Global Outlo …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Projected Market Size Valuation of the Decorative Coatings Market by 2025?
The expansion of the decorative coatings market has been consistent in the past few years. The market size is projected to increase from $87.28 billion in 2024 to $90.01 billion in 2025, implying a compound annual growth…
More Releases for Fireproof
Fireproof Insulation Market Booming in Size in 2025
The global Fireproof Insulation market is designed to grow at a 4 % CAGR from 2024 to 2030. It is expected to reach above USD 35.78 Billion by 2030 from USD 27.5 Billion in 2023.
On April 29, 2025, Exactitude Consultancy., Ltd. released a research report offers a comprehensive examination of the various processes and materials used in the production of Fireproof Insulation market goods. The market study excludes key regions…
Fireproof Insulation Market Size, Share & Demand 2025
The global Fireproof Insulation market is designed to grow at a 4 % CAGR from 2024 to 2030. It is expected to reach above USD 35.78 Billion by 2030 from USD 27.5 Billion in 2023.
The Fireproof Insulation Market report offers information on the most recent market trends and advancements. This report highlights the market's main growth prospects and offers suggestions for how market players can take advantage of them. All…
Advantages and functions of fireproof board
Fireproof board, as an important building material, is widely used in construction, decoration, furniture and other fields. Its unique advantages and functions have injected new vitality into the modern construction industry.
Image: https://www.moncohpl.net/uploads/vcbfsd1.jpg
1 Advantages of fireproof boardFireproof performance: Fireproof boards have good fire resistance and can effectively prevent the occurrence and spread of fires, protecting people's lives and property safety.High temperature resistance: The fireproof board can withstand high temperature environments and…
Fireproof Ceramics Market New Growth Opportunities By 2024
The report published on the “Fireproof Ceramics Market New Growth Opportunities By 2024” by Zion Market Research facilitates a closer outlook on opportunities, revenue growth, and current market trends. The report is focused to offer qualitative and quantitative analysis of dynamics and market opportunities prevailing during the forecast period. Also, the report encompasses an in-depth study on the prominent leaders in the Fireproof Ceramics Market.
The Leading Market Players Covered…
Fireproof Insulation Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the Fireproof Insulation market analysis and elaborate the industry coverage, current market competitive status, and market outlook and forecast by 2025. Moreover, it categorizes the global Fireproof Insulationmarket by key players, product type, applications and regions,etc.
The main objective of this market research is to help the readers understand the structure of Fireproof Insulationmarket, market definition, overview, industry opportunities and trends, investment…
Global Fireproof Insulation Material Market Research Report 2017
This report studies Fireproof Insulation Material in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering
Knauf Insulation (U.S.)
Uralita (Spain)
Rockwool International A/S (Denmark)
Recticel (Belgium)
Kingspan Group plc (Ireland)
Saint-Gobain S.A. (France)
Request Sample Report Here: http://www.reportbazzar.com/request-sample/?pid=745783&ptitle=Global+Fireproof+Insulation+Material+Market+Research+Report+2017&req=Sample
…
Market Segment by Regions, this report splits Global into several key Regions, with production, consumption,…
