Comprehensive analysis on Passive Fire Protection Market Size | Key Players are: Lloyd Insulations (India) Limited.; 3M; Sharpfibre Limited; HEMPEL A/S; The Sherwin-Williams Company

Global passive fire protection market is expected to rise to an estimated value of USD 5.51 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing prevalence of regulations regarding fire protection amid rising concerns regarding fire safety in infrastructures.

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Global Passive Fire Protection Market By Product (Cementitious Materials, Sealants, Foams & Boards, Intumescent Coatings, Fireproof Cladding, Others), Application (Oil & Gas, Building & Construction, Industrial, Transportation, Warehousing, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Complete report on Global Passive Fire Protection Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures

Market Definition: Global Passive Fire Protection Market

Passive fire protection is a collection of solutions and products integrated into the structure of buildings, infrastructure implemented to prevent against fire resulting in promoting the safety against fire. The solutions include modifications in the construction planning such as using certain fire retardant materials as raw materials, fire retardant coatings, paints and other solutions.

Key Questions Answered in Global Passive Fire Protection Market Report:-

Our Report offers:-

• What will the market growth rate, Overview and Analysis by Type of Global Passive Fire Protection Market in 2026?

• What are the key factors driving, Analysis by Applications and Countries Global Passive Fire Protection Market?

• What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Passive Fire Protection Market?

• Who are Opportunities, Risk and Driving Force of Global Passive Fire Protection Market?

• Who are the opportunities and threats faced by the vendors in Global Passive Fire Protection Market? Business Overview by Type, Applications, Gross Margin and Market Share

• What are the Global Passive Fire Protection Market opportunities, market risk and market overview of the Market?

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Top Key Players:

• Lloyd Insulations (India) Limited.;
• 3M;
• Sharpfibre Limited;
• HEMPEL A/S;
• The Sherwin-Williams Company;
• Rudolf Hensel GmbH;
• Hilti;
• Carboline Company;
• Akzo Nobel N.V.;
• PPG INDUSTRIES, INC.;
• Teknos Group;
• KANSAI PAINT CO.,LTD;
• Promat International NV;
• Contego International Inc.;
• Isolatek International;
• GCP Applied Technologies Inc.;
• Envirograf Passive Fire Products;
• Arabian vermiculite industries;
• Albi Protective Coatings;
• No-Burn, Inc.;
• Bollom;
• Demilec USA, Inc.
• SKK Pte. Ltd.,
• among others.

Market Drivers:

• Surge in the construction activities worldwide is expected to positively affect the growth of the market

• Growth of the oil & gas market resulting in better protection against fire and thermal management of the facilities is expected to drive the market growth

• Significant advancements and innovations in the technology utilized for the production of these products is expected to drive the market growth

Market Restraints:

• Fluctuating nature of raw material prices associated with the raw materials utilized in the production of these products & solutions is expected to restrain the growth of the market

• Growth of concerns regarding the environment and usage of intumescent coatings is expected to act as a hindrance to the growth of the market

Key Developments in the Market:

• In December 2018, Hempel announced the launch of a new passive fire protection coating offering capable of providing flame retardant protection for up to 60 minutes for steel structures in infrastructures. The product termed as “Hempafire Pro 315” is specifically designed to protect against cellulosic fire for up to 60 minutes while it may be able to prevent any damage for additional 90 minutes. The coating provides significantly low drying time while easier application results in better effectiveness of the product. It has been designed for application in all kinds of steel structures.

• In September 2017, Akzo Nobel N.V. announced that they had agreed with Benarx Solutions AS regarding the distribution and marketing of fire protection solutions. The combined capability will result in Akzo Nobel N.V. combining their offering of wet-applied fire protection with dry fit passive fire protection offering of Benarx. This will lead to an expansion of consumers for both the organizations where they will be able to offer a more expanded product offering.

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Market Segmentations:

Global Passive Fire Protection Market is segmented on the basis of
• Product
• Application
• Geography

Market Segmentations in Details:

By Product
• Cementitious Materials
• Sealants
• Foams & Boards
• Intumescent Coatings
• Fireproof Cladding
• Others

By Application
• Oil & Gas
• Building & Construction
• Industrial
• Transportation
• Warehousing
• Others

By Geography

North America
• U.S.
• Canada,
• Mexico

Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Turkey
• Belgium
• Netherlands
• Switzerland
• Rest of Europe

Asia-Pacific
• Japan
• China
• South Korea
• India
• Australia
• Singapore
• Thailand
• Malaysia
• Indonesia
• Philippines
• Rest of Asia Pacific

South America
• Brazil
• Rest of South America

Middle East & Africa
• South Africa
• Saudi Arabia
• UAE
• Rest of MEA

Competitive Analysis:

Global passive fire protection market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of passive fire protection market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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