Europe Passive Fire Protection Market: Construction End-Use Segment Led And Accounted For The Largest Revenue Share

 Europe Passive Fire Protection Industry Overview

The Europe passive fire protection market size was valued at USD 1.0 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.7% from 2021 to 2028. Rising exploration activities along with technological advancements in the oil and gas industry are likely to drive market growth over the forecast period.

Rising consumer awareness regarding the benefits of firestops and fire barriers has boosted their installation in residential and commercial buildings, thereby driving the market. Increasing investments from oil and gas companies in Exploration and Production (E&P) activities and stringent regulations to make the drilling sites fire safe are likely to impact market growth positively.

Increasing government initiatives to encourage both developed and developing economies to improve the overall status of passive fire protection in buildings and industries is expected to drive the market over the forecast period. The stringency of fire safety regulations in Germany is expected to boost the investments in passive fire protection systems, thereby driving growth.

Passive fire protection systems protect steel structures against fire by providing durability and strength to the structure. The safety of any passive fire protection system depends on the type of fire, duration, substrate type, material, and environmental conditions. The market has been witnessing rapid technological changes to improve the efficiency and quality of passive fire protection products.


Gather more insights about the market drivers, restrains and growth of the Global Europe Passive Fire Protection market


Growing shale gas exploration activities due to improvements in exploration technologies, such as hydraulic and horizontal drilling coupled with its rising utilization in energy and manufacturing industries are likely to augment market growth over the coming years. Rising production activities in the European countries, including Russia, the U.K., Italy, and Norway, are expected to further propel the demand for passive fire protection products over the forecast period.

Several economies are focusing on the improvement of passive fire safety aspects of the existing and upcoming infrastructure owing to the increasing number of fire accidents along with loss of lives and assets. The European Union has made significant developments in enacting and reforming regulations to promote the health and safety of European citizens.


Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

  • Steel Rebar Market - The global steel rebar market size was valued at USD 270.18 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.9% from 2022 to 2030. The market is anticipated to be driven by the rising investments in infrastructure development projects and construction activities. Government spending on propelling supporting infrastructural developments to boost economic growth is anticipated to benefit the market growth.

 

  • High Temperature Insulation Market - The global high temperature insulation market size was valued at USD 6.34 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.8% from 2022 to 2030. The market is expected to be driven by increasing environmental concerns, which have led to the imposition of strict environment-protection regulations by governments across the globe.

 

Europe Passive Fire Protection Market Segmentation

Grand View Research has segmented the Europe passive fire protection market on the basis of product, end-use, and country:

 

Europe Passive Fire Protection Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Cementitious Materials
  • Intumescent Coatings
  • Fireproofing Cladding
  • Others

 

Europe Passive Fire Protection End-use Outlook (Revenue, USD Million, 2017 - 2028)

  • Oil & Gas
  • Construction
  • Industrial
  • Warehousing
  • Others

 

Europe Passive Fire Protection Country Outlook (Revenue, USD Million, 2017 - 2028)

  • Czech Republic
  • France
  • Germany
  • Italy
  • Poland
  • Romania
  • Russia
  • Spain
  • K.

 

Market Share Insights

  • November 2019: Hempel A/S launched Hempafire Optima 500, a waterborne acrylic intumescent coating that helps maintain the stability of steel structures in airports, commercial centers, stadiums, and other large infrastructural buildings by providing up to 180 minutes of cellulosic fire protection.

 

Key Companies profiled:

Some prominent players in the global Europe Passive Fire Protection market include

  • 3M
  • RPM International Inc.
  • Hempel A/S
  • The Sherwin-Williams Company
  • Hilti
  • Mercor Tecresa
  • Etex Group
  • Rudolf Hensel GmbH
  • Rolf Kuhn GmbH

 

Order a free sample PDF of the Europe Passive Fire Protection Market Intelligence Study, published by Grand View Research.

 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

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