Global Spray applied Fire Resistive Materials SFRM Market Research Report 2023(Status and Outlook)

Global Spray applied Fire Resistive Materials SFRM Market Research Report 2023(Status and Outlook)

Report Overview

Sprayed fire-resistive materials (SFRMs) are passive fire-protection materials intended for direct application to structural building members. The Spray-applied Fire Resistive Materials (SFRM) market covers Cellulosic, Hydrocarbon, etc. The typical players include PPG Industries, Inc., AkzoNobel, Sherwin-Williams, Hempel, 3M, Etex Group, StanChem Inc. (Albi Protective Coatings), Flame Control, etc.

Global core spray-applied fire resistive materials manufactures include AkzoNobel, Sika AG, Sherwin-Williams etc. The top 3 companies hold a share about 33%. Europe is the largest market, with a share about 43%, followed by North America and Asia-Pacific with the share about 35% and 19%. In terms of product, cellulosic SFRM is the largest segment, with a share over 57%. And in terms of application, the largest application is building constructions, followed by oil and gas.

The Global Spray applied Fire Resistive Materials SFRM Market Size was estimated at USD 2785.40 million in 2022 and is projected to reach USD 4160.63 million by 2029, exhibiting a CAGR of 5.90% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Spray applied Fire Resistive Materials SFRM market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Spray applied Fire Resistive Materials SFRM Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Spray applied Fire Resistive Materials SFRM market in any manner.

Global Spray applied Fire Resistive Materials SFRM Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

AkzoNobel

Sika AG

Sherwin-Williams

PPG Industries, Inc.

Beijing BBMG

Etex Group

Jotun

Shandong Judong New Material

RPM International

Shikoku Kaken Kogyo Co., Ltd.

Hempel

Isolatek International

GCP Applied Technologies Inc.

Huntsman Corporation

Yung Chi

MBCC Group

Teknos Group

Flame Control

Rudolf Hensel GmbH

INCA

Contego International Inc.

Market Segmentation (by Type)

Cellulosic SFRM

Hydrocarbon SFRM

Market Segmentation (by Application)

Banknotes

Cheques

Passports

Tamper-Evident Labels

Product Authentication

Stock Certificates

Postage Stamps

Identity Cards

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Spray applied Fire Resistive Materials SFRM Market

Overview of the regional outlook of the Spray applied Fire Resistive Materials SFRM Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors