Fireproofing Material Market Overview, Growth, and Oppotunities by 2031

MARKET INTRODUCTION

The fireproofing material are resistant to fire. It minimizes the escalation of fire and thus plant operators get sufficient time to act against the fire. Fireproofing material provides materials and structures resistance to fire so that during an accidental case of fire the critical structures keep operating until the fire is brought under control. The fireproofing material are used in various industries such as petrochemical plants, refineries, power plants, process terminals and many other applications wherein the chances of fire are high.

MARKET DYNAMICS

Growing awareness for fire safety regulations coupled with stringent building codes, and rising number of fire accidents are the key factors attributed to the growth of fireproofing materials market. The stringent legal framework and industry regulations & standards, especially in Europe and North America regions are driving the market growth. The stringent fire regulations defined by the regulatory agencies of different countries, such as NFPA (U.S), VFDB (Germany), FPA (UK), and FPAA (Australia) is propelling the demand for fireproofing materials such as cementitious coatings and intumescent coatings and in the construction materials.

MARKET SCOPE

The "Global fireproofing material Market Analysis to 2031" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the fireproofing material market with detailed market segmentation by coating type and end-user. The global fireproofing material market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fireproofing material market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global fireproofing material market is segmented into coating type and end-user. By coating type, the fireproofing material market is classified into intumescent coatings, cementitious coatings. By end-user, the fireproofing material market is segmented into residential, industrial, and commercial.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global fireproofing material market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The fireproofing material market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the fireproofing material market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the meat plastic casing market in these regions.

MARKET PLAYERS

The report covers vital developments in the fireproofing material market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the fireproofing material market are anticipated to witness lucrative growth opportunities in the future with the rising demand for fireproofing material in the global market. Below mentioned is the list of few companies engaged in the fireproofing material market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fireproofing material market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

1. 3M
2. Akzo Nobel N.V.
3. Isolatek International
4. Sika AG
5. Etex Group
6. PPG Industries, Inc.
7. BASF SE
8. Carboline Company
9. RPM International Inc.
10. JOTUN GROUP

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Fireproofing Material Report Scope