The Global Explosion Proof Paint Market was valued at USD 8.73 Billion in 2022 and is projected to reach USD 12.15 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2022–2028). This robust growth is primarily driven by stringent industrial safety regulations, increasing investments in oil & gas infrastructure, and the rising adoption of fire-resistant coatings across the chemical, manufacturing, and power generation sectors.

As industries worldwide prioritize operational safety and asset protection, the focus intensifies on the leading coatings manufacturers developing advanced, intumescent, and flame-retardant solutions. In this blog, we profile the Top 10 Companies in the Explosion Proof Paint Industry—pioneers in formulating specialized coatings that mitigate fire and explosion risks in hazardous environments.

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🔟 1. AkzoNobel N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: Chartek epoxy intumescent coatings, Intercept® Liner FRC

AkzoNobel is a global leader in performance coatings, offering a comprehensive portfolio of explosion-proof and fire-resistant paints under its renowned brands. Their Chartek and Intercept product lines provide critical passive fire protection for structural steel, pipelines, and vessels in the oil, gas, and chemical industries, ensuring integrity during hydrocarbon fire scenarios.

Safety & Innovation Initiatives:

• Development of ultra-fast intumescent coatings for rapid fire response

• Strategic partnerships with major energy corporations for tailored safety solutions

• Commitment to sustainable coating technologies with reduced VOCs

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9️⃣ 2. PPG Industries, Inc.

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Pitt-Char® XP, Sigmashield® epoxy systems

PPG Industries is a key player in protective and marine coatings, with specialized products designed for explosion and fire protection. Their Pitt-Char XP intumescent coatings are widely used to protect structural steel in offshore platforms, refineries, and industrial facilities, offering excellent durability and corrosion resistance under harsh conditions.

Safety & Innovation Initiatives:

• Investment in R&D for next-generation intumescent technologies

• Global supply chain optimization for rapid response to industrial safety demands

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8️⃣ 3. The Sherwin-Williams Company

Headquarters: Cleveland, Ohio, USA
Key Offering: Firetex® passive fire protection, Corothane® I fluoropolymer

Sherwin-Williams provides a robust range of explosion-proof coatings through its Firetex and industrial maintenance divisions. Their products are engineered to withstand extreme temperatures and prevent the spread of fire, making them essential for protecting assets in petrochemical plants, power stations, and high-risk manufacturing sites.

Safety & Innovation Initiatives:

• Expansion of water-based, eco-friendly fire-retardant coatings

• Digital color matching and inventory systems for project efficiency

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7️⃣ 4. Jotun A/S

Headquarters: Sandefjord, Norway
Key Offering: Jotachar JF750, Steelmaster FB epoxy

Jotun is renowned for its high-performance protective coatings, particularly in the maritime and offshore sectors. The company’s Jotachar JF750 is a leading thick-film intumescent coating that provides up to 120 minutes of fire protection for structural steel, certified to stringent international standards for hydrocarbon fires.

Safety & Innovation Initiatives:

• Focus on coatings compliant with ISO, UL, and IMO performance standards

• Development of integrated coating systems combining corrosion and fire protection

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6️⃣ 5. Hempel A/S

Headquarters: Lyngby, Denmark
Key Offering: Hempafire Pro reactive fire protection coatings

Hempel offers advanced coating solutions for asset protection in aggressive environments. Their Hempafire Pro series includes intumescent coatings that expand when exposed to heat, forming an insulating char layer that delays the temperature rise of steel structures and prevents structural collapse during fires.

Safety & Innovation Initiatives:

• Launch of graphene-enhanced coatings for superior durability

• Sustainability strategy targeting 100% sustainably sourced raw materials by 2025

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5️⃣ 6. Carboline Company

Headquarters: St. Louis, Missouri, USA
Key Offering: Pyrocrete® cementitious coatings, Fireproofing mastics

A subsidiary of RPM International Inc., Carboline specializes in high-performance fireproofing and corrosion control systems. Their Pyrocrete products are cement-based coatings that provide passive fire protection for structural steel, while their mastics offer protection for complex geometries and penetrations.

Safety & Innovation Initiatives:

• Expertise in both hydrocarbon and cellulosic fire protection systems

• Global network of technical service representatives for on-site support

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4️⃣ 7. International Paint LLC (AkzoNobel)

Headquarters: Gateshead, United Kingdom
Key Offering: Intertherm® coatings, Chartek 1709 epoxy intumescent

Operating under the AkzoNobel umbrella, International Paint is a leading supplier of protective coatings for the offshore and industrial sectors. Their Intertherm and Chartek products are globally recognized for providing reliable fire protection in some of the world’s most challenging environments, from Arctic platforms to desert refineries.

Safety & Innovation Initiatives:

• Development of low-temperature cure coatings for cold-climate applications

• Advanced digital tools for coating specification and inspection

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3️⃣ 8. RPM International Inc.

Headquarters: Medina, Ohio, USA
Key Offering: Tremco illbruck fire protection systems, Carboline products

Through its various subsidiaries, including Carboline and Tremco, RPM International provides a comprehensive range of fireproofing solutions. The company’s products are designed to protect buildings, industrial facilities, and infrastructure from fire and explosion risks, with a focus on both new construction and maintenance applications.

Safety & Innovation Initiatives:

• Integrated systems approach combining fireproofing with air and water barriers

• Focus on retrofit and maintenance markets for existing industrial infrastructure

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2️⃣ 9. Kansai Paint Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Flame-control coatings, Heat-resistant paints

Kansai Paint is a major Asian coatings manufacturer with a growing portfolio of explosion-proof and fire-retardant products. The company serves the automotive, industrial, and protective coatings markets, with specialized formulations for the petrochemical and power generation sectors across the Asia-Pacific region.

Safety & Innovation Initiatives:

• Expansion of fire protection coatings portfolio through R&D and acquisitions

• Strategic focus on emerging markets with growing industrial safety regulations

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1️⃣ 10. Nippon Paint Holdings Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Fire-resistant epoxy coatings, Intumescent paints

Nippon Paint is one of the largest coatings manufacturers globally, with a diverse product range that includes specialized explosion-proof coatings. The company’s research focuses on developing advanced fire-retardant technologies that meet the evolving safety standards of industries such as construction, marine, and industrial manufacturing.

Safety & Innovation Initiatives:

• Investment in nanotechnology for enhanced fire protection performance

• Global expansion of industrial coatings manufacturing capabilities

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🌍 Outlook: The Future of Explosion Proof Paint Is Smarter and More Sustainable

The explosion proof paint market is undergoing significant transformation. While traditional epoxy and intumescent coatings dominate current applications, the industry is increasingly focused on smart coatings, environmental compliance, and enhanced application technologies.

📈 Key Trends Shaping the Market:

• Stringent global safety regulations driving adoption in emerging economies

• Development of hybrid coatings combining multiple protective functions

• Growing demand for low-VOC and water-based explosion-proof formulations

• Integration of digital monitoring systems with protective coatings

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The companies profiled above are not just supplying protective coatings—they’re enabling safer industrial operations worldwide through continuous innovation and commitment to safety excellence.