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Passive Fire Protection Market 2020 : Size, Share and Growth Analysis Research Report by 2026. Top Growing Companies are 3M; Sharpfibre Limited, HEMPEL A/S, The Sherwin-Williams Company, Rudolf Hensel GmbH
Passive Fire Protection market report is a window to the industry which gives explanation about what market definition, classifications, applications, engagements and market trends are. It also gives details regarding the actions of major players such as product launches, joint ventures, developments, mergers and acquisitions and respective effects in terms of sales, import, export, revenue and CAGR values for the industry. This industry analysis report is a significant document for every market enthusiast, policymaker, investor, and market player. Global Passive Fire Protection market document is a great source of getting information for the major happenings and industry insights which helps succeed in this competitive age.Get Exclusive Sample Copy of This Report Here https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-passive-fire-protection-market&rp
Key Market Competitors:Passive Fire Protection Market:
Few of the major competitors currently working in the global passive fire protection market are 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. and SKK Pte. Ltd., among others.
Market Analysis: Global Passive Fire Protection Market:
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.
Read Complete Details with TOC Here https://www.databridgemarketresearch.com/toc/?dbmr=global-passive-fire-protection-market&rp
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.
Passive Fire Protection 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
Passive Fire Protection 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
Global Passive Fire Protection Market Segmentation:
Passive Fire Protection Market : By Product
Cementitious Materials
Sealants
Foams & Boards
Intumescent Coatings
Water-Based
Solvent-Based
Fireproof Cladding
Others
Passive Fire Protection Market : By Application
Oil & Gas
Building & Construction
Industrial
Transportation
Warehousing
Others
Passive Fire Protection Market : By Geography
North America:
U.S.
Canada
Mexico
South America:
Brazil
Argentina
Rest of South America
Europe:
Germany
Sweden
Poland
Denmark
Italy
U.K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Asia-Pacific:
Japan
China
India
South Korea
New Zealand
Vietnam
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
Middle East and Africa:
UAE
Saudi Arabia
Oman
Qatar
Kuwait
South Africa
Rest of Middle East and Africa
Key Developments in the Passive Fire Protection 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.
Competitive Analysis:Passive Fire Protection Market:
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.
Research Methodology: Global Passive Fire Protection Market:
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
Competitive analysis of key competitors involved in the market
Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
Market drivers and restraints analysis along with the analysis of the market structure
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About Data Bridge Market Research:
Data Bridge Market Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.
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