Russia Passive Fire Protection Market Size & Outlook
Russia passive fire protection market, 2018-2030 (US$M)
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Russia passive fire protection market highlights
- The Russia passive fire protection market generated a revenue of USD 118.7 million in 2023 and is expected to reach USD 155.0 million by 2030.
- The Russia market is expected to grow at a CAGR of 3.9% 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 118.7 million |
| Market revenue in 2030 | USD 155.0 million |
| Growth rate | 3.9% (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, Russia accounted for 2.7% 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 Europe, Germany passive fire protection market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 268.5 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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Russia 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 40.94% in 2023. Horizon Databook has segmented the Russia passive fire protection market based on cementitious materials, intumescent coatings, fireproofing cladding covering the revenue growth of each sub-segment from 2018 to 2030.
In January 2024, Information agency of Russia (TAAS) a Russian state-owned news agency published a report regarding the fire occurrence in Russia. According to the report, in Russia a total of 92,000 and 110,000 residential fires outbreaks occurred in 2023 & 2022 respectively.
The careless handling of fire is one of the primary reasons behind such huge instances of fire occurrence. In addition to that, the storage and warehouse facilities in Russia has been observing fire instances, for example in January 2024, Russian online retailer’s warehouse in St, Petersburg with 70,000 square meter area witnessed a category 5 fire. With such occurrence of fire, the government is changing the fire safety standards in the country.
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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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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 country-level data and insights on the Russia passive fire protection market , including forecasts for subscribers. This country databook contains high-level insights into Russia passive fire protection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Russia passive fire protection market size, by by product, 2018-2030 (US$M)
Russia Passive Fire Protection Market Outlook Share, 2023 & 2030 (US$M)
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