Learn about the global passive fire protection market through The Business Research Company, which provides information on passive fire protection market size, passive fire protection market drivers and restraints, passive fire protection market players, the COVID-19 impact on the passive fire protection market, and more.

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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%.

The growing construction sector is expected to drive innovation in passive fire protection manufacturing, thus driving the market during the forecast period.

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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.

Global Passive Fire Protection Market Segments Include:

By Product: Cementitious Materials, Intumescent Coating, Fireproofing Cladding, Others

By Application: Structural, Compartmentation, Opening Protection, Firestopping Material

By End-User: Oil And Gas, Construction, Industrial, Warehousing, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the passive fire protection market in 2021.

Technological advancement is a key trend gaining popularity in the passive fire protection market. Major companies operating in the passive fire protection sector are focused on developing technological solutions for passive fire protection to strengthen their position.

TBRC’s passive fire protection market report covers:

Major Market Players: 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.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Passive Fire Protection Global Market Report 2021: Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides passive fire protection market overviews, analyses and forecasts market size, share, passive fire protection market players, passive fire protection market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s passive fire protection market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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