Global Passive Fire Protection Market Size & Outlook
Global passive fire protection market, 2018-2030 (US$M)
Related Markets
Global passive fire protection market highlights
- The global passive fire protection market generated a revenue of USD 4,325.3 million in 2023 and is expected to reach USD 6,297.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.5% by 2030.
- In terms of segment, cementitious materials accounted for a revenue of USD 1,823.1 million in 2023.
- Intumescent Coatings is the most lucrative by product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Malaysia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 4,325.3 million |
| Market revenue in 2030 | USD 6,297.7 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Cementitious materials |
| Fastest growing segment | Intumescent Coatings |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cementitious Materials, Intumescent Coatings, Fireproofing Cladding |
Other key industry trends
- In terms of revenue, the North America accounted for 21.1% of the global passive fire protection market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Malaysia is the fastest growing regional market and is projected to reach USD 56.6 million by 2030.
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Passive Fire Protection Market Scope
Passive Fire Protection Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global passive fire protection market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to passive fire protection market will help companies and investors design strategic landscapes.
Cementitious materials was the largest segment with a revenue share of 42.15% in 2023. Horizon Databook has segmented the Global passive fire protection market based on cementitious materials, intumescent coatings, fireproofing cladding covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Passive Fire Protection By Product Outlook (Revenue, USD Million, 2018-2030)
- Cementitious Materials
- Intumescent Coatings
- Fireproofing Cladding
- Others
- Global Passive Fire Protection By Application Outlook (Revenue, USD Million, 2018-2030)
- Oil & Gas
- Construction
- Industrial Plants
- Warehousing
- Others
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Target buyers of Global passive fire protection market databook
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Our clientele includes a mix of passive fire protection market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global passive fire protection market , including forecasts for subscribers. This global databook contains high-level insights into Global passive fire protection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global passive fire protection market size, by region, 2018-2030 (US$M)
Top 10 countries: Passive fire protection market size, 2023 (US$M)
Global passive fire protection market share, by by product, 2023 & 2030 (%, US$M)
Passive fire protection market: Opportunity assessment by country
Global passive fire protection market, by region, 2023 (US$M)
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