- Cementitious Material
- Intumescent Coating
- Fireproofing Cladding
- Others
Passive Fire Protection Coatings Market size was valued at USD 6.5 Bn in 2022 and expected to reach USD 10.03 Bn by 2029 growing at a CAGR of 6.4% from 2023 to 2029. Rising advanced constructions and industrialization which requires high safety measures such as protection from fire and other accidents fueling the market growth. Additionally, High demand from fire protection in steel, oil & gas, and construction sectors is expected to be a driver for market growth. Additionally, the rising number of stringent regulations in the equipped building for fire protection and insulation measures is fueling the market growth. Moreover, increased technological advancement boosts the growth of the market. However, high cost of passive fire protection coatings procedures lack of standard norms, and lack of awareness regarding the benefits of passive fire protection are the major factors that hinder the growth of the market. The global passive fire protection coatings market report gives a comprehensive outlook on passive fire protection coatings across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East, and Africa. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the global market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. Moreover, Key stakeholders of the global market report include suppliers, manufacturers, marketers, policymakers, and healthcare service providers engaged in global passive fire protection coatings products.
Passive Fire Protection Coatings Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
6.4%
Largest Market
North America
Fastest Growing Market
Asia pacific
Passive Fire Protection Coatings Market Dynamics
In the recent years, Due to booming in industrialization and rising infrastructure commercial buildings, hospitals, colleges, residential buildings and oil & gas industry rising the demand for fire-safe and energy-efficient infrastructure is also projected to contribute to the market expansion over the forecast period. These coating prolong the spreading of fire thus providing enough time for evacuate the buildings and also helps the firefighter to control the fire so to reduce the assets loss. Additionally, rising in the technological advancement for new innovations and increasing investments and funds will further boost the market growth. Additionally, increasing awareness related to improving fire safety management, improving features, and enhancing productivity and efficiency of consumers is expected to further drive the growth.
North-America got significant share
Passive Fire Protection Coatings Market Regional Analysis
North America accounted for larger revenue share in global market with considerable CAGR. The growth in this region can be attributed to rising in the awareness of the safety in the consumers and in this region is supported by high expenses additionally strict government rules regarding the safety of the people. European market dominates by advanced constructions and renovations systems. In Asia region passive fire protection coatings is largely driven by the urbanizations, and booming industrialization, increase in disposable incomes and increasing government emphasis on safely of public and government assets in the region.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Passive Fire Protection Coatings Market Segmentation
By Product Type
By Technology
- Water-Based
- Solvent-Based
By Application
- Construction
- Industrial
- Oil & Gas
- Warehousing
- Others
Frequently Asked Questions
The passive fire protection coatings market size was valued at USD 6.5 billion in 2022
The passive fire protection coatings market key players are: AkzoNobel PPG Industries Sherwin-Williams Jotun Hempel Promat International Kansai Paint Teknos Group Carboline Nullifire Gangotri Hi-Tech Coatings Monarch Industrial Products Arabian Vermiculite Industries Albi Manufacturing Solatek International
The passive fire protection coatings market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
- Executive Summary
- Global Passive Fire Protection Coatings Market Introduction
- Global Passive Fire Protection Coatings Market Taxonomy
- Global Passive Fire Protection Coatings Market Definitions
- By Product Type
- By Technology
- Application
- Global Passive Fire Protection Coatings Market Dynamics
- Drivers
- Restraints
- Opportunities/Unmet Needs of the Market
- Trends
- Global Passive Fire Protection Coatings Market Dynamic Factors - Impact Analysis
- Global Passive Fire Protection Coatings Market Competition Landscape
- Global Passive Fire Protection Coatings Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%)
- Market Opportunity Analysis
- Global Passive Fire Protection Coatings Market, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Cementitious Material
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Intumescent Coating
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Fireproofing Cladding
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Others
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Cementitious Material
- Global Passive Fire Protection Coatings Market, By Technology , 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Water-Based
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Solvent-Based
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Water-Based
- Global Passive Fire Protection Coatings Market, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Construction
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Industrial
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Oil & Gas
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Warehousing
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Others
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Construction
- Global Passive Fire Protection Coatings Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- North America
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Europe
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Asia-Pacific
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Latin America
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Middle East and Africa
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Global Passive Fire Protection Coatings Market - Opportunity Analysis Index, By Product Type, By Technology , Application , and Region, 2023 - 2029
- North America
- North America Passive Fire Protection Coatings Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Cementitious Material
- Intumescent Coating
- Fireproofing Cladding
- Others
- By Technology Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Water-Based
- Solvent-Based
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Construction
- Industrial
- Oil & Gas
- Warehousing
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- US
- Canada
- North America Passive Fire Protection Coatings Market - Opportunity Analysis Index, By Product Type, By Technology , Application , and Country, 2023 - 2029
- North America Passive Fire Protection Coatings Market Dynamics Trends
- By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Europe Passive Fire Protection Coatings Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Cementitious Material
- Intumescent Coating
- Fireproofing Cladding
- Others
- By Technology Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Water-Based
- Solvent-Based
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Construction
- Industrial
- Oil & Gas
- Warehousing
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Germany
- UK
- France
- Spain
- Italy
- Russia
- Poland
- Rest of Europe
- Europe Passive Fire Protection Coatings Market - Opportunity Analysis Index, By Product Type, By Technology, Application , and Country, 2023 - 2029
- Europe Passive Fire Protection Coatings Market Dynamics Trends
- By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Asia-Pacific Passive Fire Protection Coatings Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Cementitious Material
- Intumescent Coating
- Fireproofing Cladding
- Others
- By Technology Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Water-Based
- Solvent-Based
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Construction
- Industrial
- Oil & Gas
- Warehousing
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Japan
- China
- India
- ASEAN
- Australia & New Zealand
- Rest of Asia-Pacific
- Asia-Pacific Passive Fire Protection Coatings Market - Opportunity Analysis Index, By Product Type, By Technology , Application , and Country, 2023 - 2029
- Asia-Pacific Passive Fire Protection Coatings Market Dynamics Trends
- By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Latin America Passive Fire Protection Coatings Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Cementitious Material
- Intumescent Coating
- Fireproofing Cladding
- Others
- By Technology Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Water-Based
- Solvent-Based
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Construction
- Industrial
- Oil & Gas
- Warehousing
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Brazil
- Mexico
- Argentina
- Venezuela
- Rest of Latin America
- Latin America Passive Fire Protection Coatings Market - Opportunity Analysis Index, By Product Type, By Technology , Application , and Country, 2023 - 2029
- Latin America Passive Fire Protection Coatings Market Dynamics Trends
- By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Middle East and Africa Passive Fire Protection Coatings Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Cementitious Material
- Intumescent Coating
- Fireproofing Cladding
- Others
- By Technology Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Water-Based
- Solvent-Based
- Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Construction
- Industrial
- Oil & Gas
- Warehousing
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
- MEA Passive Fire Protection Coatings Market - Opportunity Analysis Index, By Product Type, By Technology , Application , and Country, 2023 - 2029
- MEA Passive Fire Protection Coatings Market Dynamics Trends
- By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Competition Landscape
- Strategic Dashboard of Top Market Players
- Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
- AkzoNobel
- PPG Industries
- Sherwin-Williams
- Jotun
- Hempel
- Promat International
- Kansai Paint
- Teknos Group
- Carboline
- Nullifire
- Gangotri Hi-Tech Coatings
- Monarch Industrial Products
- Arabian Vermiculite Industries
- Albi Manufacturing
- Solatek International
- Research Methodology
- Key Assumptions and Acronyms
- AkzoNobel
- PPG Industries
- Sherwin-Williams
- Jotun
- Hempel
- Promat International
- Kansai Paint
- Teknos Group
- Carboline
- Nullifire
- Gangotri Hi-Tech Coatings
- Monarch Industrial Products
- Arabian Vermiculite Industries
- Albi Manufacturing
- Solatek International