Passive Fire Protection Market Size, Share, Industry Growth, Report 2023-2028


Global Passive Fire Protection Market Overview 2023-2028

The global passive fire protection market size reached US$ 4.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.5 Billion by 2028, exhibiting a growth rate (CAGR) of 3.9% during 2023-2028.

The governing agencies and regulatory bodies around the world are intensifying building codes to enhance fire safety, driven by the growing awareness of fire hazards in both residential and commercial buildings. These regulations mandate the use of fire-resistant materials in construction, leading to a rise in demand for passive fire protection solutions. They encompass a wide range of products, including fire-resistant doors, glass, and coatings, aimed at preventing the spread of fire and smoke, thereby providing more time for evacuation and reducing structural damage.

The growing emphasis on renovating and retrofitting existing buildings for improved fire safety standards is contributing to the market growth. The rising demand for passive fire protection solutions, as many older structures lack adequate fire protection and need to adhere to current safety standards, is supporting the market growth. This renovation drive is not only in response to updated regulations but also due to an increased awareness among building owners and occupants about the risks associated with inadequate fire safety measures. The retrofitting of older buildings often involves the integration of fire-resistant materials, sealing solutions, and compartmentation to prevent the spread of fire and smoke.

Increasing innovations in materials are offering enhanced fire resistance, longer protection times, and easier application. These modern passive fire protection materials are not only more effective but also more aesthetically pleasing, allowing them to be integrated seamlessly into building designs. Moreover, technological integration is leading to the development of smart fire protection systems that can provide real-time monitoring and alerting in case of a fire outbreak. These advancements extend the scope of passive fire protection beyond traditional methods, offering comprehensive solutions that combine safety, functionality, and design, thus appealing to a broader range of users.

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Global Passive Fire Protection Market Trends and Drivers:

The incorporation of internet of things (IoT) and artificial intelligence (AI) enables real-time monitoring and enhanced control over fire safety systems, making them more efficient and responsive. This technological integration improves fire protection capabilities and facilitates preventive maintenance and data analysis, leading to smarter and safer building management.

Additionally, the rising demand for eco-friendly and non-toxic fire protection materials, driven by environmental regulations, is prompting manufacturers to develop products that are effective in fire protection and have a reduced environmental impact.

Global Passive Fire Protection Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: 3M Company, Akzo Nobel N.V., Contego International Inc., Envirograf, Etex Group, Hempel A/S, Isolatek International, Lloyd Insulations (India) Limited, No-Burn Inc., PPG Industries Inc., Sharpfibre Limited, The Sherwin-Williams Company, etc.

The report segmented the market on the basis of region, product, application and end user.

Breakup by Product:

  • Cementitious Materials
  • Intumescent Coatings
  • Fireproofing Cladding
  • Others

Breakup by Application:

  • Structural
  • Compartmentation
  • Opening Protection
  • Firestopping Material

Breakup by End User:

  • Oil and Gas
  • Construction
  • Industrial
  • Warehousing
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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