Press Release

Mar, 05 2024

Rising Use of Passive Fire Protection Coatings in Various Industries is Expected to Drive the Growth of Middle East Passive Fire Protection Coatings Market

Passive fire protection systems are composed of tools and other engineered solutions that reduce fire occurrence or delay their spread in a facility for a certain period. It reduces the extent of damage, risk to lives, and gives people more time to vacate the establishment and ample time for emergency services to respond and act. Passive fire protection is commonly used in high rise buildings, houses, hotels, hospitals, industrial facilities, schools, warehouses, railways, car parks, railways, bridges, supermarkets, and on- and off-shore hydrocarbons. Passive fire protection coatings are increasingly important in the oil and gas industry. Applied to industrial oil and gas installations, the coatings expand to form an insulating layer of carbon char when exposed to high temperatures.

This enables the steel to maintain its load-bearing capacity for up to four hours longer during a fire, giving people valuable time to escape the building and for firefighters to put the fire out. Passive fire protection solutions for aerospace applications are extremely flexible, ultra-thin, and lightweight. This makes them the perfect choice for applications where available space is limited and additional weight must be kept to an absolute minimum. They allow for more design flexibility than traditional fireproofing materials without compromising passenger safety or comfort. The flexible microporous panels, calcium silicate fire-rated boards, intumescent fire-stopping seals and textiles, and wools are resistant to vibrations and thermal shock and maintain their integrity during and even after a fire.

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Data Bridge Market Research analyzes that Middle East Passive Fire Protection Coatings Market is expected to reach USD 184,292.51 thousand by 2031 from USD 143,277.58 thousand in 2023, growing with a substantial CAGR of 3.4% in the forecast period of 2024 to 2031.        

Key Findings of the Study

Middle East and Africa Passive Fire Protection Coatings Market

Increasing Demand for Water Based Fire Protection Coatings

The Middle East construction and infrastructure sectors are booming, creating a substantial demand for fire protection coatings. Water-based coatings offer cost-effective solutions due to their lower Volatile Organic Compound (VOCs) content and ease of application, making them economically viable for large-scale projects.

Water-based coatings have an increasing appeal due to their economic advantages. While water-based coatings may have a greater initial cost than solvent-based coatings, they provide long-term cost benefits due to their durability, ease of maintenance, and lower environmental effects. In the developing construction and infrastructure sectors of the Middle East, where large-scale projects are typical, the cost-effectiveness of water-based coatings appeals to developers and project managers.

These coatings can be applied on the surface of the structures to increase their durability and also protect them from fire. Water based coatings can accomplish from 30 minutes to 3-hour fire evaluations and even some restricted 4 hour alternatives for steel structures. Water based coatings have several advantages such as it does not affect or alter the intrinsic properties of materials such as mechanical properties, extensive properties, and others. These paints or coatings are widely preferred in the building and construction industries. Intumescent paint is a chemically active compound that on subjected to high temperatures forms a reaction that protects the structures from fire or explosion.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016 - 2021)

Quantitative Units

Revenue In USD Thousand and Volume in Tons

Segments Covered

Product Type (Cementitious Material and Intumescent Coating), Technology (Water-Based Protection Coating and Solvent-Based Protection Coating), End-Use (Building and Construction, Oil & Gas, Automotive, Aerospace & Defense, Electrical and Electronics, Textile, Furniture, and Others)  

Country Covered

Saudi Arabia, United Arab Emirates, Kuwait, Israel, Oman, Bahrain, Lebanon, Egypt, and Rest of Middle East 

Market Players Covered

3M (U.S.), svt Group of Companies (Germany), Hempel A/S (Denmark), The Sherwin-Williams Company (U.S.), Hilti (Liechtenstein), Carboline (U.S.), Akzo Nobel N.V. (Netherlands), PPG Industries (U.S.), Inc., Kansai Paint Co.,Ltd (Japan), Etex Group (Belgium), Isolatek International (U.S.), GCP Applied Technologies Inc. (A Subsidiary of Saint-Gobain) (U.S.), Jotun (Norway), Sika AG (Switzerland), Arabian vermiculite industries (Saudi Arabia), CHARCOAT PASSIVE FIRE PROTECTION (Canada), and Lanexis Enterprises (P) Ltd. (India) among others        

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis

The Middle East passive fire protection coatings market is segmented into three notable segments based on product type, technology, and end-use.

  • On the basis of product type, the market is segmented into intumescent coating and cementitious material

In 2024, the intumescent coating segment is expected to dominate the Middle East Passive Fire Protection Coatings Market

In 2024, the intumescent coating segment is expected to dominate market with 67.53% market share as it provides passive fire protection to the load-bearing structures, especially structural steel, which is becoming more and more popular in modern architectural design of both industrial and commercial buildings.

  • On the basis of technology, the market is segmented into solvent-based protection coating and water-based protection coating

In 2024, the solvent-based protection coating segment is expected to dominate the Middle East Passive Fire Protection Coatings Market

In 2024, the solvent-based protection coating segment is expected to dominate the market with 66.13% market share as they are less susceptible to environmental conditions such as temperature and humidity during the curing phase.

  • On the basis of end-use, the market is segmented into building and construction, oil & gas, furniture, automotive, aerospace & defense, electrical and electronics, textile, and others. In 2024, the building and construction segment is expected to dominate the market with 41.32% market share

Major Players

Data Bridge Market Research analyzes 3M (U.S.), The Sherwin-Williams Company (U.S.), PPG Industries Inc. (U.S.), Etex Group (Belgium), GCP Applied Technologies Inc. (A Subsidiary of Saint-Gobain) (U.S.) as major market players in this market. 

Middle East Passive Fire Protection Coatings Market

Market Developments

  • In February 2024, AkzoNobel concluded a significant capacity expansion at its Powder Coatings facility in Como, Italy. This expansion, involving a USD 21 million investment, is expected to enhance the company's ability to meet the growing demand for its products in Europe, the Middle East and Africa (EMEA). The completion of four new manufacturing lines, specifically two for automotive primers and two for architectural coatings, marks a substantial milestone in the project. Additionally, the incorporation of new bonding equipment lines further guarantees that the manufactured products not only meet but exceed industry standards, reinforcing AkzoNobel's commitment to delivering high-quality coatings to its customers in the EMEA region
  • In December 2023, AkzoNobel's Powder Coatings business, in collaboration with coatingAI, co-developed a groundbreaking software leveraging artificial intelligence to assist customers in enhancing the application process and minimizing their environmental impact. Flightpat is an innovative technology that is the first of its kind in the industry. It employs AI to optimize equipment settings, thereby reducing defects and overspray while improving power consumption. This technology helps in cost reduction, preventing rework, and saving both time and energy
  • In December 2023, Hempel A/S announced the launch of HEET Dynamic, an innovative new coating software specially designed to make intumescent coating estimations on steel sections quicker, easier, and accurate for structural engineers and estimators. This will help the engineers to investigate the steel structures and other surfaces where fire-intumescent coatings are applied more accurately, making it a much-required tool. This will improve the company revenue eventually
  • In October 2022, Hempel A/S announced that Hempafire Pro 400 passive fire protection coating has been certified according to the EN13381-8 standard and granted the CE mark, complementing the already existing BS-476 and ApplusFire certifications. This helped the company to gain more recognition and increase its revenue by increasing its consumption
  • In June 2022, Hempel A/S launched its first product for the hydrocarbon PFP segment: Hempafire XTR 100. Providing UL 1709-certified hydrocarbon passive fire protection in a lightweight coating with low dry film thicknesses, Hempafire XTR 100 offers significant safety and project benefits for customers. This helps the company to gain more recognition in the oil & and gas sectors

Regional Analysis

Geographically, the countries covered in the Middle East passive fire protection coatings market are the Saudi Arabia, United Arab Emirates, Kuwait, Israel, Oman, Bahrain, Lebanon, Egypt, and rest of Middle East.  

Saudi Arabia is estimated to be dominant and fastest growing country in the Middle East Passive Fire Protection Coatings Market

Saudi Arabia is expected to dominate and fastest growing country in market due to wide application in building and construction industry.

As per Data Bridge Market Research analysis:

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