Fireproof Coating enlarges and forms a carbonaceous char when exposed to high heat or temperature, which becomes a protective layer that slows down heat transfer to the substrate, thereby preventing the surface from fire. According to BlueQuark Research & Consulting, the global Fireproof Coating market is expected to witness a significant growth rate during the forecasted period. Factors like increased use of Fireproof Coating in the buildings & construction industry due to increased awareness are expected to drive the global Fireproof Coatings market in the forecasted period. Further, the use of Fireproof Coatings in many sectors due to beneficial properties like low maintenance and high life span is predicted to drive the Fireproof Coating market in the forecasted period. Furthermore, the surged use of Intumescent fireproof coatings in the Automotive Industry as it decreases the overall weight of the subject than other kinds of Coating is awaited to drive the Fireproof Coating market in the forecasted period. However, factors like prolonged exposure to the Coating in a harsh environment that can alter the substrate's properties are expected to hinder the growth of the Fireproof Coating market. 

Fireproof Coating is primarily used in buildings to coat walls, roofs, doors, canopies, frames, handrails, barriers, pillars, signs, etc. It can also be used to coat materials like Aluminium, Steel, Concrete, Wood, and Plastic Substrate, among others. 

The Primary use of Fireproof Coatings is in the Building and Construction Industry. The properties of Fireproof Coatings, like high degradation resistance against weather & corrosion, other than just preventing the substrate from fire, are expected to increase the usage of the Coating in the Buildings and Construction industries, therefore driving the growth of the global market. Solvent-based or water-based thin film coating is utilized for fire protection in buildings with the resistance requirement of 30, 60, and 90 minutes. The need for intumescent layers is majorly dependent on construction spending. Intumescent coatings are primarily used in passive fire protection. Intumescent coatings are mainly water-based, solvent-based, or eop paint-like materials, which enlarge by many times their thickness with an increase in temperature to form an insulating char to preserve the substrate, such as exhibit structural steel or sheetrock in the incident of fire accidents. Further, the government's safety measures and stringent regulations on new building construction projects to meet the required safety and fire resistance standard are estimated to grow the global Fireproof Coating market. Furthermore, the preference for lightweight materials in new construction projects in housing, commercial, and institutional industries is projected to drive the Fireproof Coating market for the reason that lightweight materials need additional protection. There is a vast demand for intumescent coatings in specialty coatings sub-segments, such as marine, onshore/offshore oil and gas manufacture, transportation, and new industrial and commercial construction. The substitute needs of the building and construction industry are propelling the demand for advanced construction materials such as intumescent coatings. With surging investments in the global construction industry, supported by stringent policies and regulations, the market for intumescent fire retardant coatings. Moreover, The Sherwin-Williams Company, one of the global leaders in manufacturing FEVE Fluoropolymer Coatings, posted its net income of $2,030 Million for the last fiscal year, a significant 24% increase from the previous fiscal year. Recently, market players have started to develop new & Innovative Fireproof Coating products, and these factors are expected to drive the growth of the Global Fireproof Coating market.  

The Asia-Pacific region is expected to be a market leader in the future as it is one of the fastest-growing markets for Fireproof Coating. The growing building Industry, an increase in construction projects, a rise in manufacturing Facilities, and an Increase in Urbanization are some of the factors estimated to drive the Asia-Pacific market. China is the leading market for Fireproof Coating, with India, Japan, and South Korea as emerging markets. Epoxy coatings are widely worn due to their exceptional chemical resistance, durability, low porosity, and bond strength. Wood surfaces prevented by coatings of epoxy cannot become saturated with water. Paint adheres better, with minor cracking and lifting, than it does on substrates without the benefit of an epoxy coating. Epoxy coatings are often utilized in industrial and wood and timber coatings applications. They are more heat resistant than latex-based and alkyd-based Coating. Epoxy coating films are robustly resistant to most chemicals and make excellent anticorrosion coatings. Water-based Coating is typically a fluid composite used to protect a surface. When dry, the Coating subdues a continuous protective film over the treated surface, which is thin, strong, and elastic. The utilization of water-based coatings for exteriors is now well-established. The advantages of water-based Coating are reduced solvent emissions into the atmosphere, short processing times, excellent elasticity, the resistance of the coating film to a temperature shift, ease of Coating, and no risk of unsolicited combustion of the overspray dust. Factors like the use of low-cost cementitious coatings in developing countries and dry environments are expected to drive the market in these regions. Further, increasing fire accidents resulting in loss of life and injuries has grown the awareness for fireproof coatings, increasing market demand. Moreover, other than new construction projects, there has been an increase in the renovation of old buildings in commercial & residential areas due to increased awareness of fireproofing, clean energy, and new government regulations resulting in increased demand for fireproof coatings. Thus, factors like these have made Asia-Pacific an essential scope for the global Fireproof Coating market.

Some of the market's key players are PPG Industries, AkzoNobel NV, The Sherwin-Williams Company, Jotun, Hempel, and RPM International. 

In May 2021, The Sherwin-Williams company launched a new cellulosic fireproofing coating.

In Sep 2021, Huntsman Building Solutions announced a partnership with No-Burn.

Global Fireproof Coating Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Fireproof Coating market by segmenting based on the Type (Intumescent Coating, cementitious Coating), technology (Water-borne, Solvent-borne), End-Use Industries (Building & Construction, Industrial, Automotive, Aerospace & Others). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.