Argentina Passive Fire Protection Market Size & Outlook
Argentina passive fire protection market, 2018-2030 (US$M)
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Argentina passive fire protection market highlights
- The Argentina passive fire protection market generated a revenue of USD 102.1 million in 2023 and is expected to reach USD 166.9 million by 2030.
- The Argentina market is expected to grow at a CAGR of 7.3% from 2024 to 2030.
- In terms of segment, cementitious materials was the largest revenue generating by product in 2023.
- Intumescent Coatings is the most lucrative by product segment registering the fastest growth during the forecast period.
Passive fire protection market data book summary
| Market revenue in 2023 | USD 102.1 million |
| Market revenue in 2030 | USD 166.9 million |
| Growth rate | 7.3% (CAGR from 2023 to 2030) |
| Largest segment | Cementitious materials |
| Fastest growing segment | Intumescent Coatings |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cementitious Materials, Intumescent Coatings, Fireproofing Cladding |
| Key market players worldwide | RPM International Inc, Hilti Group, Morgan Advanced Materials PLC, Contango Ore Inc, Intertek Group PLC, 3M Co, PPG Industries Inc, Sherwin-Williams Co |
Other key industry trends
- In terms of revenue, Argentina accounted for 2.4% of the global passive fire protection market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil passive fire protection market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 166.9 million by 2030.
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Passive Fire Protection Market Scope
Passive Fire Protection Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina 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 40.55% in 2023. Horizon Databook has segmented the Argentina passive fire protection market based on cementitious materials, intumescent coatings, fireproofing cladding covering the revenue growth of each sub-segment from 2018 to 2030.
The construction, oil & gas, and industrial sectors are the major end users of the passive fire protection market in Argentina. A stable government and GDP growth are expected to augment exploration & production activities in the oil & gas industry, which, in turn, is anticipated to positively influence the use of fire-safety products in the country over the forecast period.
Furthermore, the growing penetration of fire safety products in warehousing and industrial applications owing to increasing awareness about employee safety is expected to positively influence market growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina passive fire protection market , including forecasts for subscribers. This country databook contains high-level insights into Argentina passive fire protection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina passive fire protection market size, by by product, 2018-2030 (US$M)
Argentina Passive Fire Protection Market Outlook Share, 2023 & 2030 (US$M)
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