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Global Surface Fire Protection Coating Market Expansion at 7.9% CAGR, Valued at $3.4 Billion by 2029

09-04-2025 09:57 AM CET | Chemicals & Materials

Press release from: The Business Research Company

Surface Fire Protection Coating

Surface Fire Protection Coating

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What Are the Surface Fire Protection Coating Market Size Forecast for 2025?
In the past few years, the market size for surface fire protection coating has seen robust growth. The market is set to escalate from $2.35 billion in 2024 to $2.51 billion in 2025, at a compound annual growth rate (CAGR) of 6.8%. Factors contributing to the growth witnessed in the historic period include the surge in construction activities, enhanced fire safety regulations, increased awareness of passive fire protection, urbanization and infrastructure development, the growing demand for high-rise buildings, and stringent insurance requirements.

What Is the Market Size Outlook for Surface Fire Protection Coating Until 2029?
The market for surface fire protection coatings is predicted to experience substantial growth in the upcoming years, with expectations of reaching $3.4 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 7.9%. The anticipated market growth during this forecast period is linked to tighter building safety regulations following the COVID-19 pandemic, increased infrastructure modernization investments, growing demand for fire-proof materials in eco-friendly buildings, expansion in the oil, gas, and chemical sectors, and an increased understanding of passive fire safety mechanisms in the property market. Notable trends during the forecast period will likely involve developments in environmentally friendly mixtures, the incorporation of nanotechnology, improved resilience in harsh conditions, innovations in smart coatings offering fire-detection capabilities, and the use of bio-derived raw materials.

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What Are the Major Factors Driving Demand in the Surface Fire Protection Coating Market?
Anticipated growth in the surface fire protection coating market is linked to a rise in fire-related mishaps. Such mishaps are detrimental events triggered by unexpected fires, leading to destruction, bodily harm, or loss of life. The surge in these accidents is primarily due to deprecated infrastructure and inadequate fire safety protocols, given the fact that older structures often lack modern fire-resistant materials and systems essential to curb or halt the propagation of fire. Surface fire protection coatings act as a safeguard against fire mishaps by providing an insulating shield that retards the exchange of heat and the extension of flames, thereby protecting the structure's durability. For instance, the National Security Council, a government agency tasked with national security in the US, reported in November 2024 that the mortality rate from reported residential fires escalated to 8.7 per 1,000 incidents in 2023. This represented a 16% surge compared to the 7.5 rate reported in 2022. As such, the escalating incidents of fire-related mishaps are spurring the growth of the surface fire protection coating market.

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How Are End-Use Segments Shaping the Surface Fire Protection Coating Market Outlook?
The surface fire protection coating market covered in this report is segmented -

1) By Type: Intumescent Coatings, Cementitious Coatings, Other Types
2) By Formulation Type: Water-Based Coatings, Solvent-Based Coatings, High-Temperature Resistant Coatings
3) By Regulatory Compliance: Building Code Compliance, Environmental Regulations, Health And Safety Standards
4) By Application: Building, Automotive, Residential, Ship, Other Applications

Subsegments:
1) By Intumescent Coatings: Water-Based Intumescent Coatings, Solvent-Based Intumescent Coatings, Epoxy-Based Intumescent Coatings
2) By Cementitious Coatings: Lightweight Cementitious Coatings, Dense Cementitious Coatings
3) By Other Types: Acrylic-Based Coatings, Silicone-Based Coatings, Hybrid Coatings

What Are the Strategic Trends Transforming the Surface Fire Protection Coating Market Landscape?
Major firms within the surface fire protection coating industry are concentrating on creating innovative coating solutions including epoxy passive fire protection (PFP) coating to increase fire resistance, boost longevity, and comply with more stringent safety criteria. Epoxy PFP is a dense, fireproof coating used on steel structures to slow fire propagation and keep structural stability during a fire disaster. For example, in March 2025, Hempel A/S, a Danish chemical firm, introduced Hempafire Extreme 550, a refined epoxy passive fire protection coating intended for cellulosic fires. This coating is certified for up to a duration of four hours of fire resistance and complies with international standards such as EN 13381, BS 476, and AS 4100, which provide superior safety for structural steel. This ecology-friendly coating is compatible with waterborne primers and topcoats, providing a green solution that cuts CO2 emissions by as much as 40%. The coating is durable, resistant to mechanical impact, and remains effective for more than 25 years, even in severe C5 conditions. This coating also necessitates up to 40% less dry film thickness (DFT), reducing cost, application duration, and environmental consequence.

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Who Are the Prominent Companies in the Surface Fire Protection Coating Market by ?
Major companies operating in the surface fire protection coating market are Sherwin-Williams, PPG Industries, AkzoNobel, Sika AG, Nippon Paint, RPM International, BASF Coatings GmbH, Axalta Coating Systems, Asian Paints, Kansai Paint, Hempel A/S, Jotun, Berger Paints, Beckers Group, Carboline, Midwest Chemicals, No-Burn, Shield Industries, Flame Control Coatings, Fire Retardants Inc.

Which Region Is Expected to See the Highest CAGR in the Surface Fire Protection Coating Market?
North America was the largest region in the surface fire protection coating market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surface fire protection coating market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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