Fireproofing Coatings For Wood Market Size, Share, Opportunities, And Trends By Application (Interior, Exterior), By Technology (Solvent-based, Water-based, Powder-based), By Resin Type (Silicone, Epoxy, Acrylic, Vinyl, Others), And By Geography - Forecasts From 2023 To 2028

  • Published : Jun 2023
  • Report Code : KSI061615155
  • Pages : 139

The fireproofing coatings for wood market was valued at US$0.526 billion in 2021.

Fireproofing Coatings for Wood are specially formulated paints or coatings designed to protect wood surfaces from fire damage. These coatings contain fire-retardant chemicals that slow down or prevent the spread of flames in case of a fire and reduce the risk of fire-related injuries and fatalities. Additionally, fireproofing coatings for wood can help prevent the loss of property and valuable assets by limiting the damage caused by the fire. They are typically used in buildings and structures where wood is used as a structural component or decorative element, such as wooden beams, joists, paneling, or furniture.

The application of fireproofing coatings for wood is relatively simple and involves several steps. First, the surface must be cleaned and prepared properly to ensure the coating adheres to the wood. Next, the fireproofing coating is applied to the wood surface using a spray, brush, or roller. Different types of fireproofing coatings can be applied using different methods depending on the substrate and the desired level of protection. For example, spray-on coatings are commonly used on steel structures and can provide high fire protection.

On the other hand, intumescent paints can be used on wood and other combustible materials to create a fire-resistant barrier. The coating may require multiple coats to achieve the desired level of fire protection. These are not fireproof but fire-retardant.

Key Drivers

  • Fire safety regulations

Fire safety regulations significantly impact the demand for fireproofing coatings for wood. Many countries have introduced laws requiring buildings to meet specific fire safety standards, which may include fire-resistant materials. For instance, in the United States, the National Fire Protection Association (NFPA) has established a series of codes and standards for fire safety in buildings, including codes that mandate using fire-rated materials in specific areas or applications. These regulations have increased the demand for fireproofing coatings for wood, providing an additional layer of fire protection to wooden structures. By adding this extra layer of protection, buildings can meet the required fire safety standards and reduce the risk of fire-related damage or loss of life. For example, some coatings can also provide improved insulation or soundproofing, contributing to energy efficiency and occupant comfort.

  • Sustainable and eco-friendly building materials

Sustainable and eco-friendly building materials are becoming increasingly popular due to their low environmental impact and energy efficiency. As a result, the demand for fireproofing coatings for wood has increased significantly in recent years. Sustainable building materials such as cross-laminated timber (CLT) and glue-laminated timber (glulam) are becoming increasingly popular due to their low carbon footprint, renewable nature, and energy efficiency. However, these materials are also highly combustible, which makes them vulnerable to fire hazards. Fireproofing coatings for wood can help mitigate this risk by providing a protective layer that prevents the wood from igniting and spreading fire. These coatings can protect the wood from moisture, insects, and other environmental factors that can cause decay and deterioration over time. As a result, the building materials can last longer, reducing the need for frequent repairs and replacements, which can have a significant environmental impact.

Market Developments:

  • In 2022, Sherwin-Williams launched a new water-based fire-resistant coating for wood called Sika® Pyroplast® Wood P for interior use, which forms a carbon char under the effect of heat.

Asia-Pacific is to show notable growth during the projected period. 

Asia Pacific is expected to witness the highest growth in the fireproofing coatings for the wood market in the forecast period. The growth of the fireproofing coatings for the wood market in this region is expected to continue in the forecast period, driven by rapid economic growth, urbanization, and infrastructure development, which is driving the demand for high-performance coatings that can provide long-term protection against harsh environmental conditions. Countries such as China, India, and Japan are expected to be the major contributors to the growth of this market in the region. Many regional governments have implemented regulations and initiatives to promote the use of sustainable building materials and reduce the carbon footprint of buildings. As a result, the demand for sustainable and eco-friendly materials, including wood, is increasing, and fireproofing coatings are necessary to ensure their safety and longevity. Furthermore, the growing awareness of environmental issues and the need for energy-efficient buildings also drive the demand for fireproofing coatings for wood in the APAC region.

The North American region accounts for a notable share of the fireproofing coatings for the wood market due to sustainable building practices, stricter building codes, and an increasing number of commercial and residential building projects. Building codes are becoming increasingly stringent, and fire safety regulations are becoming more complex, creating a higher demand for fireproofing coatings. The growth of the fireproofing coatings for the wood market in this region is expected to continue in the forecast period, driven by an increasing number of commercial and residential building projects, driving the demand for high-performance coatings that can provide long-term protection against harsh environmental conditions.

Fireproofing Coatings For Wood Market Scope:

 

Report Metric Details
Market Size Value in 2021
US$0.526 billion
Growth Rate CAGR during the forecast period
Base Year 2021
Forecast Period 2023 – 2028
Forecast Unit (Value) USD Billion
Segments Covered Application, Technology, Resin Type, and Geography
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered Nordtreat, Rudolf Hensel GmbH, Teknos Group, The Sherwin-Williams Company, Woodenha, Lonza, Rembrandtin, Ameetuff Technical Paints Industries, Flameoff Coatings
Customization Scope Free report customization with purchase

 

Market Segmentation:

  • BY APPLICATION
    • Interior
    • Exterior
  • BY TECHNOLOGY
    • Solvent-based
    • Water-based
    • Powder-based
  • BY RESIN TYPE
    • Silicone
    • Epoxy
    • Acrylic
    • Vinyl
    • Others
  • BY GEOGRAPHY
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Taiwan
      • Others

Frequently Asked Questions (FAQs)

Fireproofing Coatings For Wood Market was valued at US$0.526 billion in 2021.
Prominent key market players in the fireproofing coatings for wood market include Nordtreat, Rudolf Hensel GmbH, Teknos Group, The Sherwin-Williams Company, and Woodenha Industries, among others.
The fireproofing coatings for wood market has been segmented by application, technology, resin type, and geography.
Fire safety regulations significantly impact the demand for fireproofing coatings for wood.
The North American region accounts for a notable share of the fireproofing coatings for the wood market.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. FIREPROOFING COATINGS FOR WOOD MARKET BY APPLICATION

5.1. Introduction

5.2. Interior 

5.3. Exterior

6. FIREPROOFING COATINGS FOR WOOD MARKET BY TECHNOLOGY

6.1. Introduction

6.2. Solvent-based

6.3. Water-based

6.4. Powder-based

7. FIREPROOFING COATINGS FOR WOOD MARKET BY RESIN TYPE 

7.1. Introduction

7.2. Silicone

7.3. Epoxy

7.4. Acrylic

7.5. Vinyl

7.6. Others

8. FIREPROOFING COATINGS FOR WOOD MARKET BY GEOGRAPHY

8.1. Introduction 

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. Germany

8.4.2. France

8.4.3. United Kingdom

8.4.4. Spain

8.4.5. Others

8.5. Middle East And Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel

8.5.4. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. Japan

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Thailand

8.6.7. Taiwan

8.6.8. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

10. COMPANY PROFILES

10.1. Nordtreat

10.2. Rudolf Hensel GmbH

10.3. Teknos Group

10.4. The Sherwin-Williams Company

10.5. Woodenha Industries

10.6. Lonza Group

10.7. Sayerlack

10.8. Rembrandtin

10.9. Ameetuff Technical Paints Industries

10.10. FlameOFF Coatings


Nordtreat

Rudolf Hensel GmbH

Teknos Group

The Sherwin-Williams Company

Woodenha Industries

Lonza Group

Rembrandtin

Ameetuff Technical Paints Industries

FlameOFF Coatings