Spray-applied Fire Resistive Materials (SFRM) Market

The global Spray-applied Fire Resistive Materials (SFRM) Market size was USD 3379.3 million in 2024 and the market is projected to touch USD 4766.6 million by 2031, exhibiting a CAGR of 5.90% during the forecast period.

With the onset of the development and adoption of spray-applied fire-resistive materials (SFRM), building and structure fire protection systems have become innovative, evolving into coatings that can resist fire. The new compounds are designed to be applied to surfaces like concrete or metal using advanced application techniques, which in turn slow down the fire spread, help keep the structural property intact, and increase safety. The flexibility of the SFRM material is one of its key advantages, as it can bond with various substrates, including steel, concrete, and wood. The wide range of SFRM applications includes the construction of commercial buildings, industrial facilities, and residential areas. Hereby, passive fire protection by SFRM defines the safety standards that we need to meet and also the minimization of fire-related hazards, which, as a whole, contributes to the strength and staying power of built-up environments.

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The spray-applied fire-resistive material market has experienced a series of negative impacts from the COVID-19 pandemic. Initially, the nearly complete shutdown of construction sites as a consequence of lockdowns and the new norms of social distancing have pushed out the completion of some constructions and the cancellation of others, thereby leading to a fall in the demand for fire protection materials. Also, the businesses are facing shortages of raw materials and supplier delays, which go straight to the costs and processes at the production end. Consequently, economic vulnerabilities induced by the pandemic have withheld loans for construction projects, which, in turn, has negatively deprived SFRM businesses of demand and clients. Moreover, constraints on opening foreign markets and travel have hindered efforts at expansion and prevented many businesses from taking advantage of the possibilities of being attended by new customers and markets.

"Environmentally Friendly Methods to Propel the Market Growth"

In this market segment, the multiple emerging trends have outcomes in different directions for the industry's growth. A specific direction that has caught attention is the continuous high regard for sustainable solutions and environment-friendly methods of application. Manufacturers thus ensure that they offer eco-safe formulations and techniques with a limited environmental impact from fire safety measures. Moreover, there is an increasing need for the development of increasingly sophisticated SFRM commodity items for the sake of providing more efficiency, fire resistance, durability, and ease of handling. Alongside the technological progress, which grants us a chance to link digital tools like design optimisation and quality control, which will help round off the workflow and speed up efficiency, Additionally, with building codes and regulations being updated to both address fire safety issues and create stringency, SFRM is bidding high for effective and economical solutions that fulfil the requirements of the latest code of practice.

By Type

"Based on type the market can be categorized into Cellulosic SFRM & Hydrocarbon SFRM"

• Cellulosic SFRM: The carbon footprint of cement production can also contribute a large amount of greenhouse gases into the atmosphere due to the energy that is needed in the production process. The panels are designed to create a passive fire resistance system to counter relatively milder fires that are commonly associated with the wooden or cellulose-based materials. This is typical in the context of limited fire risk, namely, when the ignition source is from combustible materials, for example, paper or wood. It contained a clear inner shell, a thermal guard, and fire-slow action, which made it more resistant to fire attacks and maintained structure stability. Thickness is an important characteristic of passive fire protection that can vary from 10 to over 50 mm, depending on the minimum fire rating required.
• Hydrocarbon SFRM: The material is formulated by utilising a combination of mineral fibres, cementitious binders, and additives that are specifically designed to withstand high-temperature fires, which are commonly encountered in hydrocarbon-based applications such as those used in oil and gas production. Designed with the purpose of supplying intensive fire protection for structural steel and concrete elements in cases of extremely severe fire conditions. Provides excellent resistance to thermal radiation and has comparably high insulation ability, a useful feature for those job places where temperatures rise to 1000°C. It creates an instant barrier and works well in fire shelter mode by providing a dense liner that is resistant to heat and burns.

By Application

"Based on application the market can be categorized into Building Constructions, Oil and Gas & Others"

• Building Constructions: The main application of SFRM is in end uses such as commercial, residential, and industrial construction. SFRM is used to supply structures with passive fire protection for steel beams, columns, and concrete walls that prevent the spread of fire and help the structures withstand the destructive power of the fire. The systems can be installed in high buildings, hospitals, schools, airports, and other places where the authorities perceive the risk of catching fire as significant. A SFRM coating is most often applied during new construction projects to comply with fire requirements set by the building code. However, it is also used in present-day modernization projects to comply with regulations.
• Oil and Gas: SFRM in the oil and gas industry could be seen as an entirely different can of worms. Together, they create a dependable system of fire protection in facilities such as refineries, petrochemical plants, platforms offshore, and storage tanks. Hydrocarbon SFRM dispersions have special components, hydrocarbon-based, that are made to resist fire at high temperatures, which takes place in hydrocarbon facilities. After fire resistance is given to the structural steel piping, vessels, and equipment, which will help to reduce fire-related incidents and the production of damage to the critical infrastructure. In actual fact, SFRM coatings have become a significant part of fire protection systems worldwide, which are applied to prevent fires and thus ensure the safety, health, and lives of personnel on duty.

"Regulatory Compliance to Expand the Market"

One of the key driving factors of Spray-applied Fire Resistive Materials (SFRM) Market growth is the Regulatory Compliance. Tightened power codes of practice, regulations for safety, and permissible lights in the building sector worldwide are a key driving factor for SFRM products being in demand. Meeting these regulations will be necessary for building owners and engineers to continue ensuring the safety of building occupants and the receipt of insurance compensation. With regulations developing towards tighter and more complex standards, the application of resilient and fire-resistant materials (SFRM) in passive fire protection also expands tremendously.

"Growth in Construction Activities to Advance the Market"

The rise in building activities, mostly in urban markets and developing economies, results in continuous demand for SFRM products. The more that green infrastructure developments such as sewage systems and roads, commercial structures, and industrial plants, as well as residential construction and renovation projects, increase, fire protection measures become indispensable. Following, everyday trends like urbanisation, population growth, and industrial expansion are also driving forces for the SFRM market to increase because fire safety is a main priority for developers and contractors.

"Expenditure Outlay and Maintenance Cost to Pos Potential Impediments on the Market"

The expenditure outlay and subsequent maintenance for the implementation of spray-applied fire-resistant materials (SFRM) are the major factors that hold the markets back. The group of SFRM products necessitates the use of specialised equipment and technicians who have the skills necessary for proper installation, which can be highly priced compared to other fire protection methods. Moreover, constant monitoring and control of SFRM coatings to be effective for long-term durations are required. This is an added expenditure. The thought of a cost barrier can discourage SFRM solutions in some construction projects, particularly when recession-proofing is a problem.

"North America to Dominate the Market due to its Vigorous Building Codes"

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

North America has emerged as the most dominant region in the Spray-applied Fire Resistive Materials (SFRM) Market share mainly from the presence of vigorous building codes and guidelines that simply emphasise fireproofing, especially in industrial and commercial landmarks. The region has been characterised by the most advanced construction and the use of the best signage theory for fire protection to guarantee the safety of the people. Moreover, North America gets its economic benefit from a strong sector of infrastructure, such as high-rise buildings, airports, and manufacturing facilities, that demands a very elaborate and competent fire prevention strategy. The availability of key players in the market, incredible sector R&D activity, and wide acceptance of SFRM solutions throughout the region help North America maintain its number one position in the world.

"Key Players Transforming the Spray-applied Fire Resistive Materials (SFRM) Market through Technological Investments"

The most influential industrial players have a say in the spray-applied fire-resistant materials (SFRM) market due to the fact that they offer a wide array of products, incorporate technological improvements, and have a global reach. These players are always doing research and development to renew their SFRM technology, which will give better fire protection performance, more convenience in application, and better practicability for the environment. With an impressive distribution network and effective collaborations with builders, architects, and governing agencies, they ensure that they enter markets of different types successfully. Also, major actors in this sector are the ones that set the standard for the industry and come up with industry-acclaimed best practices that pretty much dictate the growth of the market, thus promoting the application of SFRM solutions all over the world.

• AkzoNobel (Netherlands)
• Sika AG (Switzerland)
• Sherwin-Williams (U.S.)
• PPG Industries, Inc. (U.S.)
• Beijing BBMG (China)

2023: With no doubt, the primary toxic emissions and technological advancements in bulk material transportation neutralise the potential hazards associated with AkzoNobel, Sika AG, and Sherwin-Williams products. These coatings develop into a carbon layer that covers the wood like a membrane, provided that there is fire; this carbon layer remains intact and insulates the wood through its exposure to heat. By paying keen attention to these intumescent coatings, this grade is responding to the need for eco-friendly and environmentally sustainable solutions in the fire protection sector.

This report is based on historical analysis and forecast calculation that aims to help readers get a comprehensive understanding of the global Spray-applied Fire Resistive Materials (SFRM) Market from multiple angles, which also provides sufficient support to readers’ strategy and decision-making. Also, this study comprises a comprehensive analysis of SWOT and provides insights for future developments within the market. It examines varied factors that contribute to the growth of the market by discovering the dynamic categories and potential areas of innovation whose applications may influence its trajectory in the upcoming years. This analysis encompasses both recent trends and historical turning points into consideration, providing a holistic understanding of the market’s competitors and identifying capable areas for growth.

This research report examines the segmentation of the market by using both quantitative and qualitative methods to provide a thorough analysis that also evaluates the influence of strategic and financial perspectives on the market. Additionally, the report's regional assessments consider the dominant supply and demand forces that impact market growth. The competitive landscape is detailed meticulously, including shares of significant market competitors. The report incorporates unconventional research techniques, methodologies and key strategies tailored for the anticipated frame of time. Overall, it offers valuable and comprehensive insights into the market dynamics professionally and understandably.