“Increasing Safety Regulations”
- Growing global emphasis on industrial safety and risk mitigation is driving the increased adoption of hydrocarbon fire intumescent coating services, particularly in high-risk sectors such as oil & gas, petrochemicals, marine, and infrastructure. Governments and regulatory bodies are mandating stricter fire protection compliance in both new constructions and retrofit projects
- For instance, companies such as AkzoNobel, PPG Industries, and Jotun are seeing an uptick in orders for certified hydrocarbon fire protection coatings, especially in markets such as the U.S., Middle East, and Europe, where policies aligned with API, ASTM, and local fire codes are becoming more stringent
- There is a sharp rise in demand for fire protection solutions in offshore platforms, LNG terminals, and large refineries, where hydrocarbon explosion risks are high, and passive fire protection is critical to ensure structural integrity during emergencies
- Technological advancements are allowing manufacturers to develop thinner coatings with longer fire protection ratings (up to 4 hours), faster curing times, and improved weather resistance—reducing downtime and labor costs for end-users
- The market is also experiencing growth in low-VOC, solvent-free, and water-based formulations, aligning with corporate ESG commitments and environmental regulations focusing on reducing emissions and improving worker safety during application
- Insurance providers and EPC (Engineering, Procurement, and Construction) contractors are increasingly specifying third-party-tested, globally certified products in project tenders, reinforcing trust in high-performance passive fire protection solutions and encouraging standardization
