Press release
Construction Sector Expansion Fueling The Passive Fire Protection Market Driver: Leading Transformation in the Passive Fire Protection Market in 2025
Passive Fire Protection Market
The escalation in the construction industry is fueling the expansion of the passive fire protection market. The construction industry involves the building, preservation, and repair of structures and edifices, in addition to the construction of roads and service facilities. For fire safety within buildings, the industry employs fire-resistant materials that are non-combustible, possesses low thermal conductivity, and require considerable duration for fire to impact the structures, thereby preventing the propagation of fire. For example, the Global Construction Perspectives and Oxford report projects that the global construction industry may hit $8 trillion by 2030. Consequently, the burgeoning construction industry is predicted to spur the growth of the passive fire protection market in the forthcoming years.
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What Is the projected market size and growth rate for the passive fire protection market?
The size of the passive fire protection market has seen considerable growth in the past few years. The market, which was worth $5.1 billion in 2024, is projected to increase to $5.48 billion in 2025, marking a compound annual growth rate (CAGR) of 7.4%. This growth observed in the historical timeframe can be attributed to focus on energy efficiency, heightened construction activities, increased fire safety awareness, an uptick in high-rise building, and enhanced supply chain visibility.
Anticipated robust growth in the coming years is projected for the passive fire protection market, with its size predicted to reach a massive $7.6 billion in 2029, buoyed by a compound annual growth rate (CAGR) of 8.5%. This surge during the forecast period can be accredited to a series of factors such as ongoing rigorous regulations, a boom in construction projects, escalating awareness regarding fire safety, advancements in material science, and the enlargement of urban areas. The forecast period will also witness significant trends including awareness of post-fire investigation, globalization and expansion of the market, energy efficiency and sustainability, influence of the insurance industry, and the rise in urbanization and high-rise buildings.
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What trends are poised to drive the future success of the passive fire protection market?
Notable businesses in the passive fire protection industry are crafting innovative products, like passive fire protection (PFP) coatings, to appeal to a wider customer reach, enhance their sales and raise their income. PFP coatings denote a unique kind of treatment or covering that is applied on structures, materials, or surfaces inside factories or buildings to improve their resistance to fire. For instance, Hempel A/S, a coating manufacturer from Denmark, introduced Hempafire XTR 100 in June 2022. Particularly notable for its UL 1709 certification and being designed as a lightweight coating boasting minimal dry film thickness, Hempafire XTR 100 offers remarkable hydrocarbon PFP. It presents substantial safety benefits and project efficiencies. As an epoxy intumescent coating, Hempafire XTR 100 productively insulates steel constructions during hydrocarbon pool fires, extending the steel's load-bearing endurance up to four hours. This longer duration of fire resistance allows ample time for safe evacuation of personnel and the protection of valuable assets and equipment, aiding firefighting efforts. Specifically designed for the oil and gas sector, including usage in downstream refining and petrochemical factories, Hempafire XTR 100 emerges as a specialized solution intended for optimal performance in challenging environments.
Which primary segments of the passive fire protection market are driving growth and industry transformations?
The passive fire protection market covered in this report is segmented -
1) By Product: Cementitious Materials, Intumescent Coating, Fireproofing Cladding, Other Products
2) By Application: Structural, Compartmentation, Opening Protection, Firestopping Material
3) By End-User: Oil And Gas, Construction, Industrial, Warehousing, Other End-Users
Subsegments:
1) By Cementitious Materials: Lightweight Cementitious Coatings, Dense Cementitious Coatings, Gypsum-Based Fireproofing
2) By Intumescent Coating: Thin-Film Intumescent Coatings, Thick-Film Intumescent Coatings
3) By Fireproofing Cladding: Fire-Resistant Boards, Fireproof Panels, Insulated Wall Claddings
4) By Other Products: Fire Dampers, Fire-resistant Sealants, Fireproof Doors
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Which geographical regions are pioneering growth in the passive fire protection market?
North America was the largest region in the passive fire protection market in 2024. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the passive fire protection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the passive fire protection market landscape?
Major companies operating in the passive fire protection market include Tata Projects Limited, BASF SE, 3M Company, Larsen & Toubro Limited, PPG Industries Inc., Akzo Nobel N.V., Sika AG, RPM International Inc., StanChem Inc., Etex Building Performance Ltd., Jotun AS, Tremco Incorporated, Mercor SA, Lloyd Insulations Limited, Specified Technologies Inc., Safety Technology International Inc., Envirograf Products Limited, Daussan SAS, No-Burn Inc., Master Fire Prevention Systems Inc., Floyd Bell Inc., Contego International Inc., Acoustical Surfaces Pvt Ltd.
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What Is Covered In The Passive Fire Protection Global Market Report?
•Market Size Forecast: Examine the passive fire protection market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the passive fire protection market for a structured understanding.
•Key Players Overview: Analyze major players in the passive fire protection market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the passive fire protection market.
•Segment Contributions: Evaluate how different segments drive overall growth in the passive fire protection market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the passive fire protection market.
•Industry Challenges: Identify potential risks and obstacles affecting the passive fire protection market.
•Competitive Landscape: Review strategic developments in the passive fire protection market, including expansions, agreements, and new product launches.
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