The Passive Fire Protection Materials Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend & Growth during the study period Upto 2021.
Passive fire protection materials (PFP) helps to magnify the strength of buildings and other commercial structures by providing insulation, stability and integrity. The advantages of PFP materials are easy maintenance, cost-effective and protection of valuable assets. Some of the basic types of passive fire protection material used by the construction industry to prevent fire in buildings include fire doors, fire resisting cables, fire linings, fire resisting partitions, fire resisting glass, fire screens etc.
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The passive fire protection material market is segmented according to products as sealants, intumescent coatings, foams & boards and others (including putties, mortar, fire blocks and cementitious spray). Intumescent coatings is the fastest growing segment and is widely used in construction industry. The passive fire protection material market is classified according to applications as civil, mechanical & electrical, duct, structural steel fireproofing, cable & wire tray fireproofing and others (including doors, windows and glasses). Civil is the fastest growing segment and is expected to continue is dominance during the forecast period.
The key drivers for passive fire protection material market are the growth of accidents, loss of valuable assets caused due to fire and increasing regulation on fire safety. The increasing awareness about fire safety, recovery in construction industries and the need of the business to eliminate the losses is driving the industry. The regulation by Government in mandating use of fire protection material in residential and commercial construction is likely to boost the market. The technological development and innovation in passive fire protection material is expected to fuel the growth of this market.
Major player assessed in the report is :
– 3M Companies
– ADT Fire & Security
– BASF Coatings
– Cooper Industries
– GE Security
– Hempel A S
– Honeywell Inc.
Geographically, this market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
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SEGMENTATIONS IN REPORT :
1. Passive Fire Protection Materials By Product :
– Intumescent Coatings
– Foams & Boards
– Others (Including Putties, Mortar, Fire Blocks And Cementitious Spray)
2. Passive Fire Protection Materials By Application :
– Mechanical & Electrical
– Structural Steel Fireproofing
– Cable & Wire Tray Fireproofing
– Others (Including Doors, Windows And Glasses)
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