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Passive Fire Protection Market Report 2023 : By CAGR, Industry Growth, Competition Analysis

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Passive Fire Protection Market Report 2023 : By CAGR, Industry Growth, Competition Analysis

The Passive Fire Protection Global Market Report 2023, provides comprehensive information on the passive fire protection market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.  


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As per The Business Research Company’s Passive Fire Protection Global Market Report 2023, the global passive fire protection market size grew from $4.44 billion in 2022 to $4.81 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global passive fire protection is expected to grow to $6.27 billion in 2027 at a CAGR of 6.9%. 


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The passive fire protection market is segmented: 

1) By Product: Cementitious Materials, Intumescent Coating, Fireproofing Cladding, Other Products 

2) By Application: Structural, Compartmentation, Opening Protection, Firestopping Material 

3) By End-User: Oil And Gas, Construction, Industrial, Warehousing, Other End-Users 


Top Major Players 


PPG Industries Inc. 


Rotarex Firetec 

Specified Technologies Inc. 


North America was the largest region in the passive fire protection market in 2022. 


The table of contents in TBRC’s passive fire protection market report includes: 

1. Executive Summary 

2. Passive Fire Protection Market Characteristics 

3. Passive Fire Protection Market Trends And Strategies 

4. Passive Fire Protection Market - Macro Economic Scenario 

5. Passive Fire Protection Market Size And Growth 


26. Africa Passive Fire Protection Market 

27. Passive Fire Protection Market Competitive Landscape And Company Profiles 

28. Key Mergers And Acquisitions In The Passive Fire Protection Market 

29. Passive Fire Protection Market Future Outlook and Potential Analysis 

30. Appendix 


List Of Tables 

Table 1: Global Historic Market Growth, 2017-2022, $ Billion 

Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion 

Table 3: Global Passive Fire Protection Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion 

Table 4: Global Passive Fire Protection Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion 

Table 5: Global Passive Fire Protection Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion 


Table 46: 3M Financial Performance 

Table 47: PPG Industries Inc. Financial Performance 

Table 48: Sherwin-Williams Financial Performance 

Table 49: Rotarex Firetec Financial Performance 

Table 50: Specified Technologies Inc. Financial Performance 


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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. 


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