Market Overview
The Global Passive Fire Protection Market is expected to reach a value of
USD 4.8 billion in 2023, and it is further anticipated to reach a market value of
USD 8.0 billion by 2032 at a
CAGR of 5.9%.
Passive fire protection is a safety system developed for buildings & infrastructures to reduce fire risks, using fire retardants, reduces losses during sudden fire outbreaks by slowing or halting the fire's progress. However active systems operate without the need for motion, ensuring efficiency.
Also, these materials boast low maintenance costs, facilitating easy installation in existing structures. Also, ongoing developments have notably improved the quality of materials used in passive fire protection systems.
Key Takeaways
- By Product, Cementitious Material lead in 2023 & is anticipated to dominate throughout the forecasted period.
- In addition, the Structural application is expected to have significant growth over the forecasted period.
- By End User, Construction sector takes the lead & drive the market in 2023.
- Asia Pacific has a 39.1% share of revenue in the Global Passive Fire Protection Market in 2023.
Market Dynamic
The adoption of passive fire protection systems by the oil & gas industry stands out as a significant driver for the market's growth, as the growth in urbanization, ongoing infrastructural development, & the modernization of less-developed areas are expected to escalate the need for using passive fire protection systems. Also, key industry players' aim for technological advancements is expected to create higher growth opportunities.
Also, government-imposed regulations on fire and safety norms, along with the continuous expansion of the buildings & construction sector, contribute significantly to the market's upward expansion. Also, growing awareness of the importance of fireproof materials further drives the need for passive fire protection systems.
However, volatility in raw material prices & technical challenges associated with passive fire protection systems are factors that may restrain the market's growth rate.
Driver
Global regulations and fire codes have increased demand for passive fire protection systems (PFP). Governments and regulatory bodies mandate the installation of fireproof materials and systems in residential, commercial, and industrial structures in order to minimize fire risks. Urbanization and infrastructure development further increase adoption of PFP products such as fireproof coatings, insulation materials and fire-rated doors.
PFP solutions support structural integrity during fire incidents, providing vital time for evacuation and limiting property damage, helping property owners become aware of fire safety measures, as well as construction industry compliance efforts, contributing to market expansion. PFP products enhance structural integrity during these incidents while offering crucial time to evacuate safely and minimize property loss.
Trend
Tech advances in fireproof materials have become a prominent trend in passive fire protection markets. Developments in intumescent coatings, composite materials and advanced insulation solutions improve durability and efficiency of PFP systems, with eco-friendly and non-toxic options gaining ground as part of sustainable
construction practices.
Smart fire protection systems integrated with building management technologies also emerge to enable real-time monitoring of safety measures; such advances not only increase fire resistance but also decrease maintenance costs and environmental impacts - making them highly attractive solutions for modern infrastructure projects.
Restraints
The high initial costs associated with passive fire protection systems is one of the primary impediments to market growth. Premium materials and labor intensive installation processes demand significant investments that put off budget-constrained projects from installing PFP measures in older buildings; retrofitting can present structural constraints and compatibility issues; while low awareness regarding long-term benefits.
Also restrict adoption rates in some regions; construction delays and technical challenges involved with PFP may deter stakeholders from investing in such essential but costly systems.
Opportunity
Rapid urbanization and infrastructure expansion present significant opportunities for passive fire protection manufacturers. Investment in residential, commercial, and industrial projects drives demand for PFP solutions to ensure compliance with fire safety standards. Government initiatives promoting smart cities and sustainable construction create an ideal environment for advanced PFP technologies.
Increased awareness regarding workplace safety and property protection is driving greater adoption rates in developing markets, while collaborations between local and global manufacturers to provide cost-effective, tailored solutions further expand market potential, opening up unexploited growth avenues.
Research Scope and Analysis
By Product
In terms of product classification, the market comprises cementitious materials, intumescent
coatings, fireproofing cladding, & other fire protection solutions. Among these, in 2023, cementitious materials play a vital role in passive fire protection systems, available in forms like boards, sprays, or coatings applied to structural elements like beams, columns, and walls. These materials, when exposed to high temperatures, create an insulating barrier, allowing excellent fire resistance.
Further, they contribute to both thermal protection & structural integrity, efficiently preventing the spread of fire & safeguarding the key substrates from potential damage. Due to their affordability, ease of application, & proven fire performance, cementitious materials find widespread use in diverse settings, like commercial buildings, industrial facilities, and infrastructure projects.
By Application
In terms of application, the market encompasses structural protection, compartmentation, opening protection, & fire-stopping material. Structural protection lead the market in 2023, focusing on securing the fire resistance of building elements like beams & columns, playing a vital role in preserving structural integrity during fire incidents & commanding a significant market share.
Further, compartmentation includes dividing structures to curb the spread of fire, fire-resistant compartments, and smoke, which is indispensable for both residential & commercial buildings, providing occupants with a secure space during evacuation or rescue efforts.
Also, opening protection deals with fire-resistant elements like doors & windows, essential for impeding the fire's passage between compartments, thus sustaining the effectiveness of compartmentation strategies.
In addition, fire-stopping materials play an essential role in sealing openings & joints in fire-resistance-rated walls & floors, allowing a comprehensive fire safety system by preventing the transmission of fire & smoke between compartments. All these factors are expected to drive the market for the global passive fire protection market.
By End User
The construction application segment takes the lead, capturing the largest share of global revenue in 2023, driven by a rising demand to construct megacities, mainly in emerging economies like China, India, Africa, & Brazil, as rapid urbanization &population shift in these regions are anticipated to drive the construction industry's growth, positively influencing the segment.
In addition, the oil & gas industry is anticipated to experience growth due to a rise in gas usage in the energy mix & investments in deep-water technology, driving the need for intumescent coatings.
Further, the warehousing application segment is expected to have significant growth over the forecast period, owing to the growth in the use of steel in structural fabrication & the rising emphasis on preventing structural damage & inventory loss, as it is further boosted by growing merger & acquisition activities among firms, focusing on to enhance customer bases & widen their portfolios.
Also, the dynamic nature of commercial
transportation needs has led to an increase in costs, enabling growth in outsourcing warehouse services & efficient inventory management. Further, there's a major increase in warehouse construction to accommodate the growing requirement for inventory storage.
The Passive Fire Protection Market Report is segmented on the basis of the following:
By Product
- Cementitious Material
- Intumescent Coating
- Fireproofing Cladding
- Others
By Application
- Structural
- Compartmentation
- Opening Protection
- Firestopping Material
By End User
- Oil and Gas
- Construction
- Industrial
- Warehousing
- Others
Regional Analysis
Asia Pacific leads the market with a substantial
39.1% revenue share in 2023, driven by increasing industrialization & the broad adoption of steel structures in plant fabrication, driving demand for passive fire protection.
Further fast urbanization, particularly in India, China, and the Philippines, is expected to fuel population growth, contributing to economic congestion & growth in the need for utilities, as a growing population is also expected to raise housing demand, supporting the growth of passive fire protection products.
Also, China, as the primary global manufacturer of these products in 2023, benefits from abundant raw materials at low production costs, further stimulating market growth. Also, the region's rising population & urbanization have spurred infrastructure development, with a main focus on constructing fire-safe, energy-efficient green buildings in response to tightening regulatory norms & growing concerns about fire safety.
Further, in Europe, strict fire safety regulations are forecasted to boost the adoption of passive fire protection products in construction, reflecting a raised showcase on enhancing overall building fire safety standards. In addition, higher investments from aerospace & automotive industries focused on enhancing fire safety standards for vehicles & aircraft are expected to drive the need for passive fire protection products in the region throughout the forecast period.
By Region
North America
Europe
- Germany
- The U.K.
- France
- Italy
- Russia
- Spain
- Benelux
- Nordic
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- India
- ANZ
- ASEAN
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Egypt
- Rest of MEA
Competitive Landscape
The market consists of both large-scale & small-scale manufacturers, leading to a notable concentration. Intense competition is driven by the need for advanced & dependable fire protection systems. Also, companies typically use strategies like expanding their product portfolios, developing new products, & expanding distribution networks to stay competitive in this dynamic market, where a diverse range of players contributes to its vibrant landscape.
In March 2023, Envirograf launched MOULDBLOK, a three-part coating system designed to provide dual benefits of mold & fire protection for walls & ceilings, which comprises MOULDBLOK AP for the initial internal wall coating, MOULDBLOK FR for additional protection, & MOULDBLOK EX for safeguarding external walls against dampness & mold, offering a holistic solution for building surfaces.
Some of the prominent players in the global Passive Fire Protection Market are:
- Etex Group
- No-Burn Inc
- 3M Company
- Rotarex
- Specified Technologies
- Jotun
- Bostik
- Sika AG
- Hempel A/S
- Polyseam
- Other Key Players
COVID-19 Pandemic & Recession: Impact on the Global Passive Fire Protection Market:
The COVID-19 pandemic & the following economic recession have highly impacted the global passive fire protection market, as well as widespread disruptions in construction activities, leading to project installation & cancellations, thereby affecting the need for passive fire protection systems. Also, the economic downturn resulted in budget restraints for different industries, affecting investment decisions in fire safety measures.
Further supply chain interruptions & labor shortages further impacted the production & installation of passive fire protection solutions. Even after, an initial setback, the market is expected to recover as construction activities resume & industries prioritize safety measures. In addition, the pandemic highlighted the critical role of fire protection in allowing resilient infrastructure, leading to an increased awareness that may drive future need for passive fire protection systems.
Recent Developments
- In February 2023, PPG introduced PPG STEELGUARD 951, a revolutionary fire protection coating designed for the architectural sector, which not only delivers an impressive three hours of fire protection but also efficiently shields against corrosion. Further, it contributes to streamlining projects by saving time & cutting costs, making it an important asset in the field of architectural coatings.
- In May 2023, Etex completed the acquisition of Skamol, a company specializing in the production of fire protection & specialty insulation materials, which imEtex's array of sustainable solutions & expands its range in high-temperature insulation designed for both building & industrial uses. Further, the acquisition solidifies its position as a provider of comprehensive and environmentally friendly construction solutions.
- In April 2022, Jotun unveiled SteelMaster 1200HPE, an advanced epoxy intumescent coating, which boasts impressive capabilities, delivering advanced protection against cellulosic fires in buildings for up to 120 minutes. Known for its high-performance attributes, it is a reliable choice for improving fire safety & safeguarding structures from the potential risks of fire incidents.
Report Details
| Report Characteristics |
| Market Size (2023) |
USD 4.8 Bn |
| Forecast Value (2032) |
USD 8.0 Bn |
| CAGR (2023-2032) |
5.9% |
| Historical Data |
2017 - 2022 |
| Forecast Data |
2023 - 2032 |
| Base Year |
2022 |
| Estimate Year |
2023 |
| Report Coverage |
Market Revenue Estimation, Market Dynamics, Competitive Landscape, Growth Factors and etc. |
| Segments Covered |
By Product (Cementitious Material, Intumescent
Coating, Fireproofing Cladding, Others), By
Application (Structural, Compartmentation, Opening
Protection, and Firestopping Material), By End User
(Oil and Gas, Construction, Industrial, Warehousing,
and Others) |
| Regional Coverage |
North America – The US and Canada; Europe – Germany, The UK, France, Russia, Spain, Italy, Benelux, Nordic, & Rest of Europe; Asia- Pacific– China, Japan, South Korea, India, ANZ, ASEAN, Rest of APAC; Latin America – Brazil, Mexico, Argentina, Colombia, Rest of Latin America; Middle East & Africa – Saudi Arabia, UAE, South Africa, Turkey, Egypt, Israel, & Rest of MEA
|
| Prominent Players |
Etex Group, No-Burn Inc, 3M Company, Rotarex,
Specified Technologies, Jotun, Bostik, Sika AG,
Hempel A/S, Polyseam, and Other Key Players |
| Purchase Options |
We have three licenses to opt for: Single User License (Limited to 1 user), Multi-User License (Up to 5 Users), and Corporate Use License (Unlimited User) along with free report customization equivalent to 0 analyst working days, 3 analysts working days and 5 analysts working days respectively. |
Frequently Asked Questions
The Global Passive Fire Protection Market size is estimated to have a value of USD 4.8 billion in 2023 and
is expected to reach USD 8.0 billion by the end of 2032.
Asia Pacific has the largest market share for the Global Passive Fire Protection Market with a share of
about 39.1% in 2023.
Some of the major key players in the Global Passive Fire Protection Market are Etex Group, No-Burn Inc,
3M Company, and many others.
The market is growing at a CAGR of 5.9 percent over the forecasted period.