Market revenue in 2023 | USD 1,132.0 million |
Market revenue in 2030 | USD 1,498.0 million |
Growth rate | 4.1% (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 |
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 |
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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 41.13% in 2023. Horizon Databook has segmented the Europe passive fire protection market based on cementitious materials, intumescent coatings, fireproofing cladding covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is one of the most technologically advanced regions in the world, and it continuously undertakes research & development activities related to aeronautical, space exploration, and defense manufacturing sector.
Passive fire protection systems such as fire-resistant coatings and thermal insulators are required to reduce the risk of fire in airplanes. Significant investment is being made by aerospace and automotive companies to improve the fire safety standards of vehicles and aircraft.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe passive fire protection market , including forecasts for subscribers. This continent databook contains high-level insights into Europe passive fire protection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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