According to a market report by Lucintel, the future of the global passive fire protection material market looks promising with opportunities in the oil & gas, construction, industrial, and warehousing markets. The global passive fire protection material market is expected to grow with a CAGR of 2.1% from 2025 to 2031. The major drivers for this market are the rising safety regulations & standards, the growing construction industry, and the increasing awareness of fire hazards.A more than 150-page report to understand trends, opportunity and forecast in passive fire protection material market to 2031 by type (cementitious material, fireproofing cladding, intumescent coating, foams & boards, sealants, and others), application (oil & gas, construction, industrial, warehousing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, intumescent coating is expected to witness the highest growth over the forecast period.
Within the application category, oil & gas is expected to witness the highest growth.
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In terms of region, North America is expected to witness the highest growth over the forecast period.
Carboline, Leighs Paints, HILTI, Rudolf Hensel, Sherwin-Williams, Hempel, 3M, Sharpfibre, Nullifire, Lloyd Insulations are the major suppliers in the passive fire protection material market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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