Press release
Passive Fire Protection Coatings Market by Application (Oil & Gas, Construction, Aerospace, Electrical and Electronics, Automotive, Textile, Furniture, Warehousing, Others)trends
PFP systems are designed to "prevent" the spread of fire and smoke, or heating of structural members, for an intended limited period as determined by the local building code and fire codes. Passive fire protection measures such as firestops, fire walls, and fire doors, are tested to determine the fire-resistance rating of the final assembly, which is usually expressed in terms of hours of fire resistance (e.g., ?, ¾, 1, 1½, 2, 3, 4 hour).View Detailed Report: https://www.databridgemarketresearch.com/reports/global-passive-fire-protection-coating-market
Increasing demand for passive fire protection coatings by the construction industry and the growing demand for passive fire protection coatings in various industries are some of the drivers boosting sulfuric acid demand in the market. Data Bridge Market Research analyses that the passive fire protection coatings market is expected to reach the value of USD 10,897,987.13 thousand by the year 2029, at a CAGR of 4.6% during the forecast period. Intumescent coatings accounts for the most prominent application segment in the respective market owing to rise in the demand from the construction industry. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Market Definition
Passive fire protection (PFP) are components of a building or structure that slows or impedes the fire or smoke without system activation, and usually without movement. The instances of passive systems include floor-ceilings and roofs, fire doors, windows, and wall assemblies, fire-resistant coatings, and other fire and smoke control assemblies. Passive fire protection systems can include active components such as fire dampers. The Asia-Pacific is the largest consumer of passive fire protection coatings due to the increased awareness about the same in the region.
Market Key Players Analysis:
Some of the major players operating in the global passive fire protection coatings market are 3M, Hempel A/S, The Sherwin-Williams Company, Hilti Group, AkzoNobel N.V, PPG, Kansai Paint Co.,Ltd, Jotun, Etex Group, GCP Applied Technologies Inc, Sharpfibre Limited, svt Holding GmbH, Rudolf Hensel Gmbh, Isolatek International Corporation, Contego International Inc., Isolatek International, envirograf passive fire products, no-burn inc., TEKNOS GROUP, CARBOLINE, Vijay Systems Engineers Pvt Ltd. among others.
Global Passive Fire Protection Coatings Market Scope
The global passive fire protection coatings market is segmented into four notable segments, based on product type, technology, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
Cementitious Material
Intumescent Coating
Fireproofing Cladding
Others
On the basis of product type, the global passive fire protection coatings market is segmented into cementitious material, intumescent coating, fireproofing cladding, and others. the intumescent coating segment is expected to dominate the market as the consumers are more inclined towards the same as it provides protection and an aesthetic look to the metal structure on which it is applied.
Technology
Water-Based Protection Coating
Solvent-Based Protection Coating
On the basis of technology, the global passive fire protection coatings market is segmented into water-based protection coating and solvent-based protection coating. The water-based protection coating segment accounts for the largest market share as water-based coatings provide good resistance to heat and abrasion and excellent adhesion compared to other coatings available in the market.
Application
Oil & Gas
Construction
Aerospace
Electrical And Electronics
Automotive
Textile
Furniture
Warehousing
Others
On the basis of application, the global passive fire protection coatings market is segmented into oil & gas, construction, aerospace, electrical and electronics, automotive, textile, furniture, warehousing and others automotive segment accounts for the largest market share as it provides a safe passage and time to escape for the people onboard and saves lives which eventually increases the use of the same in the market.
End User
Building & Construction
Oil & Gas
Transportation
Others
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