Press release
Passive Fire Protection Market Trends, Development Factors And Industry Analysis Report 2022-2026
Passive Fire Protection Market
The regions covered in the passive fire protection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest passive fire protection market share.
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The passive fire protection market consists of sales of passive fire protection products by entities (organizations, sole traders, and partnerships) that are integrated into the building structure for stability, as well as into the walls and floors to divide the building into manageable risk compartments. Passive fire prevention is a part of any fire safety system that prevents a fire from spreading by protecting firefighters and allowing inhabitants to flee.
Key competitors in the passive fire protection market include 3M, PPG Industries Inc., Sherwin-Williams, Rotarex Firetec, Specified Technologies Inc., Contego International Inc., Mercor Tecresa, Lloyd Insulations (India) Limited, Hempel A/S, Rudolf Hensel GmbH, Hilti, Akzo Nobel N.V., No-Burn Inc., Promat, Isolatek International, Envirograf, RPM International Inc., and Albi Protective Coatings.
The global passive fire protection market size is expected to grow from $3.99 billion in 2021 to $4.42 billion in 2022 at a compound annual growth rate (CAGR) of 10.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $5.73 billion in 2026 at a CAGR of 6.7%.
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TBRC’s report segments the global passive fire protection market:
1) By Product: Cementitious Materials, Intumescent Coating, Fireproofing Cladding, Others
2) By Application: Structural, Compartmentation, Opening Protection, Firestopping Material
3) By End-User: Oil And Gas, Construction, Industrial, Warehousing, Others
Read Further On The Passive Fire Protection Market Here:
https://www.thebusinessresearchcompany.com/report/passive-fire-protection-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Passive Fire Protection Market Characteristics
3. Passive Fire Protection Market Trends And Strategies
4. Impact Of COVID-19 On Passive Fire Protection
5. Passive Fire Protection Market Size And Growth
.....
27. Passive Fire Protection Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Passive Fire Protection Market
29. Passive Fire Protection Market Future Outlook and Potential Analysis
30. Appendix
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