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Passive Fire Protection Material Market Research Report By Fire Resistance Rating (30 minutes, 60 minutes, 90 minutes, 120 minutes, 180 minutes, 240 minutes), By Material Type (Intumescent Coatings, Intumescent Paints, Firestop Sealants, Firestop Glazing, Firestop Barriers, Firestop Pillows), By Application (Structural Steel, Cable Penetrations, Pipe Penetrations, Wall Assemblies, Floor Assemblies, Roof Assemblies), By End-Use Industry (Construction, Oil and Gas, Power Generation, Manufacturing, Transportation, Healthcare) and By Regional


ID: MRFR/CO/26830-HCR | 128 Pages | Author: Snehal Singh| December 2024

Global Passive Fire Protection Material Market Overview


The Passive Fire Protection Material Market Size was estimated at 15.62 (USD Billion) in 2022. The Passive Fire Protection Material Industry is expected to grow from 16.4(USD Billion) in 2023 to 25.4 (USD Billion) by 2032. The Passive Fire Protection Material Market CAGR (growth rate) is expected to be around 4.98% during the forecast period (2024 - 2032).


Source Primary Research, Secondary Research, MRFR Database and Analyst Review


Key Passive Fire Protection Material Market Trends Highlighted


Passive fire protection materials are gaining prominence in the construction industry due to stringent regulations and growing awareness of fire safety. Key market drivers include increasing infrastructure development, rising demand for fire-resistant buildings, and government initiatives promoting fire safety. Opportunities lie in developing innovative materials with enhanced fire resistance and exploring new applications in industries like automotive and marine. Recent trends include the integration of nanotechnology for improved fire performance, the adoption of sustainable and environmentally friendly materials, and the use of digital tools for design and modeling. These advancements contribute to advancements in protecting lives and properties in the event of a fire.


Passive Fire Protection Material Market Drivers


Rising Demand for Fire Safety Regulations


Governments worldwide are implementing stringent fire safety regulations to protect people and property. These regulations mandate the use of passive fire protection materials in various buildings, including commercial, residential, and industrial structures. The increasing awareness of fire safety and the need to comply with regulatory requirements are driving the demand for passive fire protection materials globally. For instance, according to the National Fire Protection Association (NFPA), the United States experienced approximately 1.3 million fires in 2021, resulting in over 3,500 civilian deaths and billions of dollars in property damage. As a result, governments are focusing on implementing stricter fire codes and standards, which is expected to boost the demand for passive fire protection materials in the coming years.


Growing Infrastructure Development


The rapid growth of the construction industry, particularly in emerging economies, is fueling the demand for passive fire protection materials. The construction of new buildings, as well as the renovation and retrofitting of existing structures, requires the use of fire-resistant materials to ensure the safety of occupants and prevent the spread of fire. According to a report by the World Bank, construction spending is projected to reach $15.5 trillion by 2030, with a significant portion allocated to infrastructure development.This growth in construction activities is expected to drive the demand for passive fire protection materials in the Passive Fire Protection Material Market Industry.


Advancements in Technology and Product Innovation


The. The passive Fire Protection Material Market Industry is continuously seeing technological advancements and new product developments. Companies are investing in R to enhance these materials’ performance, costs, and durability. Manufacturers are also developing lightweight and flexible coatings that are fire-resistant. With investments in nanotechnology as well, companies are improving the fire resistance of materials. All these new launches will increase the application area for passive fire protection material and are expected to help the market expand.


Passive Fire Protection Material Market Segment Insights


 


Passive Fire Protection Material Market Fire Resistance Rating Insights  


 


The Fire Resistance Rating segment is the backbone of the Passive Fire Protection Material Market. Organized based on how long a material could withstand fire, the 30 minutes is worth USD 2.1 billion in the Passive Fire Protection Material Market in 2023, used in residential and other applications of small size that require short-term measures. The 60 minutes, with a value of USD 3.2 billion in the market, used in medium-rise and medium-size locations such as warehouses and factories, is also expected to acquire a notable CAGR. The 90 minutes, valued at USD 4.5 billion in 2023, are used for high-rise structures and some critical infrastructure required to be safeguarded for relatively long periods.          The 120-minute segment is valued at USD 6.2 billion in 2023 and used for high-risk locations and other medium-sized places that need an extremely high standard of fire security. One hundred eighty minutes segment’s market size is USD 2.8 billion, and the most general usage of this segment is in nuclear and fire-resistant applications. The 240 minutes, valued at USD 1.6 billion in 2023, application is in critical infrastructure at the sea, land, and underground levels. The market growth is mainly due to the increasing regulations in safety and building new infrastructures.



Source Primary Research, Secondary Research, MRFR Database and Analyst Review


Passive Fire Protection Material Market Material Type Insights  


 


Intumescent Coatings and Paints are anticipated to dominate the Passive Fire Protection Material Market over the forecast period, capturing a prominent revenue share. These coatings and paints, when exposed to heat, expand to form a char layer that insulates the substrate and delays the spread of fire. They are extensively used in various applications, including structural steel protection, cable penetrations, and fire-rated doors. Firestop Sealants and Glazing are projected to witness significant growth due to increasing demand for fire-rated glazing in commercial buildings and infrastructure projects.Firestop Barriers and Pillows offer effective solutions for compartmentation and penetration sealing, driving their market growth. Overall, the demand for passive fire protection materials is expected to surge as awareness about fire safety regulations and green building codes intensifies.


Passive Fire Protection Material Market Application Insights  


 


The Passive Fire Protection Material Market is segmented by application into structural steel, cable penetrations, pipe penetrations, wall assemblies, floor assemblies, and roof assemblies. The structural steel segment is expected to account for the largest share of the market in 2023, owing to the increasing use of steel in construction projects. The cable penetrations segment is expected to grow at the highest CAGR during the forecast period due to the rising demand for fire safety in electrical installations.


The structural steel segment accounted for the largest share of the Passive Fire Protection Material Market in 2023 and is expected to continue to dominate the market throughout the forecast period. This is due to the increasing use of steel in construction projects, as it offers high strength and durability. Passive fire protection materials are used to protect structural steel from fire damage and can help prevent the collapse of a building in the event of a fire.


The cable penetrations segment is expected to grow at the highest CAGR during the forecast period. This is due to the rising demand for fire safety in electrical installations. Cable penetrations are openings in fire-rated walls or floors that allow cables to pass through.  Passive fire protection materials are used to seal these openings and prevent the spread of fire and smoke.


The pipe penetrations segment is also expected to witness significant growth during the forecast period. This is due to the increasing use of pipes in construction projects, as they are used to transport fluids and gases. Pipe penetrations are openings in fire-rated walls or floors that allow pipes to pass through. Passive fire protection materials are used to seal these openings and prevent the spread of fire and smoke.


The wall assemblies segment is expected to account for a significant share of the Passive Fire Protection Material Market in 2023. This is due to the increasing demand for fire safety in buildings. Wall assemblies are used to separate different areas of a building and prevent the spread of fire and smoke. Passive fire protection materials are used to protect wall assemblies from fire damage and help maintain their integrity in the event of a fire.


The floor assembly segment is expected to witness steady growth during the forecast period. This is due to the increasing demand for fire safety in buildings. Floor assemblies are used to separate different levels of a building and prevent the spread of fire and smoke. Passive fire protection materials are used to protect floor assemblies from fire damage and help maintain their integrity in the event of a fire.


The roof assemblies segment is expected to account for a moderate share of the Passive Fire Protection Material Market in 2023. This is due to the increasing demand for fire safety in buildings. Roof assemblies are used to protect the roof of a building from fire damage and prevent the spread of fire and smoke. Passive fire protection materials are used to protect roof assemblies from fire damage and help maintain their integrity in the event of a fire.


Passive Fire Protection Material Market End-Use Industry Insights  


 


The construction industry is expected to hold the largest market share in the Passive Fire Protection Material Market due to increasing construction activities and rising concerns about fire safety regulations. In 2023, the construction segment accounted for around 40% of the Passive Fire Protection Material Market revenue. The oil and gas industry is also a significant end-use industry, driven by the need for fire protection in hazardous environments. The power generation industry is another key end-use industry, with increasing demand for fire protection in power plants to ensure safety and prevent disruptions. The manufacturing, transportation, and healthcare industries are also expected to contribute to the growth of the Passive Fire Protection Material Market as they prioritize fire safety measures to protect their facilities and assets.


Passive Fire Protection Material Market Regional Insights  


 


The regional segmentation of the Passive Fire Protection Material Market showcases distinct market dynamics across various regions. North America held the dominant market share in 2023, owing to stringent fire safety regulations and the presence of major construction projects. Europe is expected to witness significant growth due to the increasing demand for fire-resistant materials in infrastructure development. APAC is projected to emerge as a promising market driven by rapid urbanization and industrialization. South America and MEA are expected to contribute a notable share to the market, with growing construction activities and government initiatives promoting fire safety.



Source Primary Research, Secondary Research, MRFR Database and Analyst Review


Passive Fire Protection Material Market Key Players And Competitive Insights


Major players in the Passive Fire Protection Material Market industry continue to make acquisitions and expand their product portfolio. For instance, in October 2021, James Hardie Building Products Inc., one of the leading Passive Fire Protection Material Market players, announced that it had completed the acquisition of ParexUSA, a privately held manufacturer and distributor of wall and ceiling products. This acquisition would strengthen James Hardie's position in the North American building materials market. Similarly, in March 2023, Hilti AG, another prominent player, announced the acquisition of FirePro Technologies, a specialist in smoke and fire extinguishing systems. Through such strategic initiatives, leading Passive Fire Protection Material Market companies are expanding their product offerings and geographical presence. Other notable Passive Fire Protection Material Market development includes the introduction of innovative products, such as intumescent coatings and smoke and fire dampers, which are designed to improve the fire resistance of buildings.Prominent players in the Passive Fire Protection Material Market continue to invest in research and development to enhance their product offerings. For example, Nullifire, a leader in fire protection solutions, has established a state-of-the-art research and development center in the United Kingdom to drive innovation. The center focuses on developing advanced fire protection materials and testing them to meet the latest fire safety standards. Similarly, 3M, another major player, is actively involved in research and development to improve the performance and durability of fire-resistant materials. These investments by leading companies are contributing to the overall advancement of the Passive Fire Protection Material Market.Notable competitors in the Passive Fire Protection Material Market include CertainTeed Corporation and Knauf Insulation. CertainTeed Corporation is a leading manufacturer of building materials, including fire-resistant gypsum wallboard, ceiling tiles, and insulation. The company has a strong presence in North America and is known for its innovative fire protection solutions. Knauf Insulation, on the other hand, is a manufacturer and supplier of insulation materials, including fire-resistant products. The company's fire protection products are designed to meet the specific requirements of various applications, such as residential, commercial, and industrial buildings. Both CertainTeed Corporation and Knauf Insulation have a wide distribution network and offer excellent customer support, contributing to their success in the Passive Fire Protection Material Market.


Key Companies in the Passive Fire Protection Material Market Include



  • Knauf Insulation

  • Rockwool Group

  • Mitsubishi Chemical Corporation

  • SaintGobain

  • Huntsman Corporation

  • BASF SE

  • Evonik Industries

  • Arkema SA

  • PPG Industries, Inc.

  • 3M

  • Dow Inc.

  • DuPont de Nemours, Inc.

  • Kingspan Group

  • Etex Group

  • Celanese Corporation


Passive Fire Protection Material Market Industry Developments


The Passive Fire Protection Material Market is projected to reach USD 25.4 billion by 2032, exhibiting a CAGR of 4.98% during the forecast period (2024-2032). Increasing fire safety regulations, rising infrastructure development, and growing awareness of fire protection are driving market growth.


Recent developments include the launch of innovative products such as fire-resistant coatings and sealants and the adoption of fire safety codes and standards. Key players are expanding their geographic presence through acquisitions and partnerships. Mergers and acquisitions have been a prominent trend, with companies seeking to consolidate their market positions and expand their product offerings.



Passive Fire Protection Material Market Segmentation Insights




  • Passive Fire Protection Material Market Fire Resistance Rating Outlook




  • 30 minutes




  • 60 minutes




  • 90 minutes




  • 120 minutes




  • 180 minutes




  • 240 minutes




  • Passive Fire Protection Material Market Material Type Outlook




  • Intumescent Coatings




  • Intumescent Paints




  • Firestop Sealants




  • Firestop Glazing




  • Firestop Barriers




  • Firestop Pillows




  • Passive Fire Protection Material Market Application Outlook




  • Structural Steel




  • Cable Penetrations




  • Pipe Penetrations




  • Wall Assemblies




  • Floor Assemblies




  • Roof Assemblies




  • Passive Fire Protection Material Market End-Use Industry Outlook




  • Construction




  • Oil and Gas




  • Power Generation




  • Manufacturing




  • Transportation




  • Healthcare




  • Passive Fire Protection Material Market Regional Outlook




  • North America




  • Europe




  • South America




  • Asia Pacific




  • Middle East and Africa




Report Attribute/Metric Details
Market Size 2022 15.62(USD Billion)
Market Size 2023 16.4(USD Billion)
Market Size 2032 25.4(USD Billion)
Compound Annual Growth Rate (CAGR) 4.98% (2024 - 2032)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year 2023
Market Forecast Period 2024 - 2032
Historical Data 2019 - 2023
Market Forecast Units USD Billion
Key Companies Profiled Knauf Insulation, Rockwool Group, Mitsubishi Chemical Corporation, SaintGobain, Huntsman Corporation, BASF SE, Evonik Industries, Arkema SA, PPG Industries, Inc., 3M, Dow Inc., DuPont de Nemours, Inc., Kingspan Group, Etex Group, Celanese Corporation
Segments Covered Fire Resistance Rating, Material Type, Application, End-Use Industry, Regional
Key Market Opportunities Advanced construction technologies Rising infrastructure spending Growing demand in developing economies Increasing energy efficiency regulations Evolving fire safety codes
Key Market Dynamics Increasing demand for fire safety Rising awareness of building codes and regulations Technological advancements Growing infrastructure development Government initiatives and regulations
Countries Covered North America, Europe, APAC, South America, MEA


Frequently Asked Questions (FAQ) :

The Passive Fire Protection Material Market was valued at approximately USD 16.4 billion in 2023.

The Passive Fire Protection Material Market is expected to grow at a CAGR of 4.98% from 2024 to 2032.

North America is expected to account for the largest share of the Passive Fire Protection Material Market by 2032.

The increasing demand for fire safety regulations, rising awareness about fire protection, and growing construction activities are the key factors driving the growth of the market.

The commercial construction segment is expected to witness the highest growth rate in the Passive Fire Protection Material Market during the forecast period.

Key competitors in the Passive Fire Protection Material Market include 3M, Hilti, Knauf, and Promat International.

The Passive Fire Protection Material Market is expected to reach approximately USD 25.4 billion by 2032.

Asia-Pacific is expected to exhibit the highest growth rate in the Passive Fire Protection Material Market during the forecast period.

Major trends shaping the market include the increasing adoption of green building materials, advancements in fire protection technology, and growing demand for fire-resistant materials.

Potential challenges faced by the market include fluctuating raw material prices, stringent environmental regulations, and intense competition.

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