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Passive Fire Protection Materials Market | Covid-19 Impact Analysis
The Passive Fire Protection Materials Market is Segmented by Product Type (Sealants, Intumescent Materials, Foams & Boards, and Others), by Application Type (Structural, Compartmentation, Opening Protection, Firestopping Materials, and Others), by End-Use Industry Type (Building & Construction, Oil & Gas, Transportation, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Passive Fire Protection Materials Market is likely to witness an impressive CAGR of 7.5% during the forecast period. The prime factors contributing to the demand for passive fire protection materials are growing the automotive and aerospace industries, increasing safety standards, and growing construction activities due to rapid growth in population.
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Passive Fire Protection Materials Market - Snapshot |
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Growth |
4.5% for the next five years |
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Highest Growing Product Type |
Intumescent Materials |
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Major End-Use Industry Type |
Building & Construction |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
Rudolf Hensel GmbH, Jotun, 3M, Hempel, Lloyd Insulations Ltd., Nullifire, Sherwin-Williams, Teknos Group, Kansai Paint, and Promat International. |
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Based on the product type, the passive fire protection materials market is segmented as sealants, intumescent materials, foams & boards, and others. The intumescent materials segment is expected to register the highest growth rate during the forecast period, driven by its increasing applications in construction, automotive, and oil & gas industries.
Based on the end-use industry type, the market is segmented as building & construction, oil & gas, transportation, and others. Building & construction industry is expected to occupy the largest share of the market over the forecast period. Growing safety concerns have resulted into increasing use of passive fire protection in building & construction activities. Increasing demand for construction activities further contribute to the growth of passive fire protection material in the building & construction industry.
In terms of regions, Asia-Pacific is estimated to be the largest-passive fire protection materials market during the forecast period. Increasing population and improving macroeconomic factors in the emerging economies such as India, Indonesia, and other countries have resulted into increasing construction activities. Increasing construction activities generate huge demand for passive fire protection materials in the region.
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Some of the major passive fire protection material manufacturers are-
Passive fire protection materials are the materials built into the structures that surround us and which are intended to slow or prevent the spread of fire. The purpose of PFP is to extend the time available to evacuate a property, or prevent a fire from taking hold in the first place.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Passive Fire Protection Materials Market Research Report - Features |
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Market Segmentation |
4 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
24 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The passive fire protection materials market is segmented into the following categories.
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This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
The passive fire protection materials market is expected to witness an impressive growth of 7.5% CAGR in the foreseeable future.
Rudolf Hensel GmbH, Jotun, The 3M Company, Hempel, Lloyd Insulations Ltd., Nullifire, Sherwin-Williams, Teknos Group, Kansai Paint, and Promat International are among the key players in the passive fire protection materials market.
Asia-pacific is expected to be the Largest passive fire protection materials market during the next five years.
The intumescent materials segment is expected to register the highest growth rate in the passive fire protection materials market in the coming years.
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