Global Spray-applied Fire Resistive Materials (SFRM) Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Spray-applied Fire Resistive Materials (SFRM) Industry Forecast” looks at past sales and reviews total world Spray-applied Fire Resistive Materials (SFRM) sales in 2022, providing a comprehensive analysis by region and market sector of projected Spray-applied Fire Resistive Materials (SFRM) sales for 2023 through 2029. With Spray-applied Fire Resistive Materials (SFRM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Spray-applied Fire Resistive Materials (SFRM) industry.
This Insight Report provides a comprehensive analysis of the global Spray-applied Fire Resistive Materials (SFRM) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Spray-applied Fire Resistive Materials (SFRM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Spray-applied Fire Resistive Materials (SFRM) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Spray-applied Fire Resistive Materials (SFRM) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Spray-applied Fire Resistive Materials (SFRM).
The global Spray-applied Fire Resistive Materials (SFRM) market size is projected to grow from US$ 2724.8 million in 2022 to US$ 4129.8 million in 2029; it is expected to grow at a CAGR of 4129.8 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Spray-applied Fire Resistive Materials (SFRM) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Cellulosic SFRM
Hydrocarbon SFRM
Segmentation by application
Building Constructions
Oil and Gas
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Spray-applied Fire Resistive Materials (SFRM) market?
What factors are driving Spray-applied Fire Resistive Materials (SFRM) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Spray-applied Fire Resistive Materials (SFRM) market opportunities vary by end market size?
How does Spray-applied Fire Resistive Materials (SFRM) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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