Global Spray-applied Fire Resistive Materials (SFRM) market cagr 5.90%

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Spray-applied Fire Resistive Materials (SFRM)

Market

Spray-applied Fire Resistive Materials (SFRM)

Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Spray-applied Fire Resistive Materials (SFRM) Market Size and Growth

The Spray-applied Fire Resistive Materials (SFRM) market research reports indicate a growing demand for these materials due to stringent fire safety regulations in various industries. The market size for SFRM is expected to reach $1.5 billion by 2025, driven by increasing construction activities and awareness about fire safety.

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Companies Covered (Covid 19 Impact Covered)

◍ 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

The spray-applied fire resistive materials (SFRM) market is highly competitive with key players such as AkzoNobel, Sika AG, Sherwin-Williams, PPG Industries, and more. These companies offer a range of SFRM products and solutions to cater to different industries, contributing to the market's growth.

- AkzoNobel: $9.4 billion

- Sika AG: $7.21 billion

- Sherwin-Williams: $18.36 billion

◍ Flame Control

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Market Segmentation

By Application

◍ Building Constructions

◍ Oil and Gas

◍ Others

By Product

◍ Cellulosic SFRM

◍ Hydrocarbon SFRM

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Market Growth

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$ 4.40 Billion

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