| Product Code: ETC5743098 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of fireproofing materials to Hong Kong in 2024 continued to be dominated by top exporting countries such as the USA, Metropolitan France, and Sweden. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a significant decline with a negative Compound Annual Growth Rate (CAGR) of -7.28% from 2020 to 2024. The growth rate plummeted even further in 2024 with a sharp decline of -57.64% compared to the previous year, reflecting ongoing challenges and market volatility in the fireproofing materials sector.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Fireproofing Materials Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Fireproofing Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Fireproofing Materials Market - Industry Life Cycle |
3.4 Hong Kong Fireproofing Materials Market - Porter's Five Forces |
3.5 Hong Kong Fireproofing Materials Market Revenues & Volume Share, By Coating Type, 2021 & 2031F |
3.6 Hong Kong Fireproofing Materials Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Hong Kong Fireproofing Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Stringent building safety regulations in Hong Kong |
4.2.2 Increasing awareness about fire safety and prevention measures |
4.2.3 Growing construction industry in Hong Kong |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition among fireproofing material manufacturers in the market |
5 Hong Kong Fireproofing Materials Market Trends |
6 Hong Kong Fireproofing Materials Market Segmentations |
6.1 Hong Kong Fireproofing Materials Market, By Coating Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Fireproofing Materials Market Revenues & Volume, By Intumescent coatings- Thin film , 2021-2031F |
6.1.3 Hong Kong Fireproofing Materials Market Revenues & Volume, By Thick film, 2021-2031F |
6.1.4 Hong Kong Fireproofing Materials Market Revenues & Volume, By Cementitious coatings- Cement-based , 2021-2031F |
6.1.5 Hong Kong Fireproofing Materials Market Revenues & Volume, By Gypsum based, 2021-2031F |
6.2 Hong Kong Fireproofing Materials Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Fireproofing Materials Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Hong Kong Fireproofing Materials Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Hong Kong Fireproofing Materials Market Revenues & Volume, By Residential, 2021-2031F |
7 Hong Kong Fireproofing Materials Market Import-Export Trade Statistics |
7.1 Hong Kong Fireproofing Materials Market Export to Major Countries |
7.2 Hong Kong Fireproofing Materials Market Imports from Major Countries |
8 Hong Kong Fireproofing Materials Market Key Performance Indicators |
8.1 Number of new building permits issued in Hong Kong |
8.2 Adoption rate of fireproofing materials in construction projects |
8.3 Rate of infrastructure development projects in Hong Kong |
9 Hong Kong Fireproofing Materials Market - Opportunity Assessment |
9.1 Hong Kong Fireproofing Materials Market Opportunity Assessment, By Coating Type, 2021 & 2031F |
9.2 Hong Kong Fireproofing Materials Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Hong Kong Fireproofing Materials Market - Competitive Landscape |
10.1 Hong Kong Fireproofing Materials Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Fireproofing Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here