Europe Passive Fire Protection Market Size & Outlook

The passive fire protection market in Europe is expected to reach a projected revenue of US$ 1,498.0 million by 2030. A compound annual growth rate of 4.1% is expected of Europe passive fire protection market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,132.0
Forecast, 2030 (US$M)
$1,498.0
CAGR, 2024 - 2030
4.1%
Report Coverage
Europe

Europe passive fire protection market highlights

  • The Europe passive fire protection market generated a revenue of USD 1,132.0 million in 2023.
  • The market is expected to grow at a CAGR of 4.1% 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.
  • Country-wise, France is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 1,132.0 million
Market revenue in 2030USD 1,498.0 million
Growth rate4.1% (CAGR from 2023 to 2030)
Largest segmentCementitious materials
Fastest growing segmentIntumescent Coatings
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCementitious Materials, Intumescent Coatings, Fireproofing Cladding
Key market players worldwideRPM 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, Europe region accounted for 26.2% of the global passive fire protection market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,572.6 million by 2030.

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Passive Fire Protection Market Companies

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Europe 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 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.

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Target buyers of Europe passive fire protection market databook

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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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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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Europe passive fire protection market size, by country, 2018-2030 (US$M)

Europe Passive Fire Protection Market Outlook Share, 2023 & 2030 (US$M)

Europe passive fire protection market size, by country, 2018-2030 (US$M)

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