Passive Fire Protection Global Market Report 2024

The passive fire protection market size has grown strongly in recent years. It will grow from $4.77 billion in 2023 to $5.14 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth observed in the historical period can be attributed to a focus on energy efficiency, an increase in construction activities, heightened awareness of fire safety, the growth of high-rise construction, and improved supply chain visibility.

The passive fire protection market size is expected to see strong growth in the next few years. It will grow to $6.93 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The anticipated growth in the forecast period can be attributed to ongoing stringent regulations, the growth of construction projects, increasing awareness of fire safety, innovations in material science, and the expansion of urban spaces. Major trends in the forecast period include a heightened awareness of post-fire investigations, globalization and market expansion, a focus on energy efficiency and sustainability, the influence of the insurance industry, and the continued trend of urbanization and high-rise buildings.

The upward trajectory of the construction sector is a key driver fueling the growth of the passive fire protection market. The construction sector encompasses activities related to the building, maintenance, and repair of structures, buildings, as well as the development of roadways and service facilities. In the construction industry, fireproof materials are essential for enhancing fire safety in buildings. These materials, characterized by non-combustibility, low thermal conductivity, and a prolonged resistance to the effects of fire, play a crucial role in preventing the rapid spread of fire and safeguarding structures. According to a report by Global Construction Perspectives and Oxford, the global construction sector is anticipated to reach a staggering $8 trillion by the year 2030. This substantial growth in the construction sector is expected to drive increased demand for passive fire protection measures in the market, reinforcing its growth prospects in the coming years.

The anticipated increase in energy demand is poised to be a significant driver for the growth of the passive fire protection market in the foreseeable future. Energy demand, referring to the total quantity of energy required within a specific region, country, industry, or individual over a defined period, plays a crucial role in various sectors. In the energy sector, which encompasses power plants, refineries, and oil and gas facilities housing valuable assets, passive fire protection becomes instrumental in safeguarding these infrastructures from the destructive impacts of fires. According to a report published by the Energy Information Administration in April 2023, the United States is expected to witness a growth in energy consumption across all forms, with an estimated increase ranging from 0% to 15% from 2022 to 2050. Notably, within the industrial sector, energy consumption is projected to rise by approximately 5% to 32% during the same period. In 2022, U.S. households in the residential sector purchased 5.1 quadrillion British thermal units (quads) of electricity, with an anticipated increase of approximately 14% to 22% in residential consumption of purchased electricity between 2022 and 2050. This growth in energy demand underscores the critical role of passive fire protection in ensuring the safety of infrastructures within the energy sector, driving the growth of the passive fire protection market.

Prominent companies in the passive fire protection market are actively engaged in the development of innovative products, with a focus on solutions such as Passive Fire Protection (PFP) coatings. The aim is to expand their customer bases, boost sales, and ultimately increase revenue. PFP coatings are specialized treatments applied to surfaces, structures, or materials within buildings or industrial facilities to enhance their resistance to fire. A case in point is Hempel A/S, a Denmark-based coating manufacturer, which, in June 2022, introduced the Hempafire XTR 100. This product stands out with its UL 1709 certification and lightweight formulation, featuring minimal dry film thickness. The Hempafire XTR 100 excels in providing exceptional hydrocarbon passive fire protection, offering significant safety benefits and project efficiencies for clients. Functioning as an epoxy intumescent coating, it effectively insulates steel structures during hydrocarbon pool fires, extending the steel's load-bearing capacity for up to four hours. This prolonged fire resistance allows for an extended timeframe for the safe evacuation of personnel, protection of valuable assets and equipment, and facilitates firefighting efforts. Tailored specifically for the oil and gas sector, including applications in downstream refining and petrochemical plants, Hempafire XTR 100 emerges as a specialized solution designed for optimal performance in demanding environments.

Prominent companies in the passive fire protection market are actively involved in the development of advanced technologies, including fire detection and alarm systems, with the goal of expanding customer bases, boosting sales, and ultimately increasing revenue. A fire detection and alarm system constitute a network of interconnected devices and components designed to detect the presence of fire, smoke, or heat, providing timely warnings to occupants of a building or facility. As an example, in August 2022, Honeywell International Inc., a US-based engineering and technology company, introduced the Morley MAx. This intelligent fire alarm control panel distinguishes itself with a compact yet powerful design, delivering exceptional performance capabilities for both installers and end users. The Morley MAx features a user-friendly 7-inch touch-screen panel with an intuitive and ergonomic interface, showcasing color-coded events and graphical icons for enhanced clarity. Leveraging cutting-edge technologies such as multi-boolean logic and the CANBus protocol between panels, it facilitates faster communication. Seamless networking capabilities and full compatibility with Honeywell Connected Life Safety Services (CLSS), a comprehensive cloud platform, empower system integrators and facilities managers to deliver an elevated level of fire safety service. The Morley MAx ensures easy installation, commissioning, and maintenance, making it a technologically advanced and user-centric choice among fire alarm control panels.

In May 2021, Unica, a US-based technical service provider, successfully acquired Gerco and Applicom for an undisclosed amount. This strategic acquisition is geared towards enhancing Unica's portfolio, enabling the cluster to offer comprehensive total solutions for ensuring fire safety in buildings. The acquisition positions Unica to meet the rising demand for fully compliant and integrated fire safety solutions. Gerco Brandpreventie, based in the Netherlands, specializes in passive fire protection, while Applicom, also based in the Netherlands, is a provider of fire-prevention products.

Major companies operating in the passive fire protection market report are Tata Projects Limited, BASF SE, 3M Company, Larsen & Toubro Limited, PPG Industries Inc., Akzo Nobel N.V., Sika AG, Webuild S.p.A., RPM International Inc., StanChem Inc., Etex Building Performance Ltd., Salini Impregilo S.p.A., Jotun AS, Tremco Incorporated, GMR Infrastructure Ltd., Rotarex S.A., Mercor SA, Lloyd Insulations Limited, Specified Technologies Inc., Safety Technology International Inc., Scaletron Industries Ltd., Envirograf Products Limited, Clean Air Company, Daussan SAS, No-Burn Inc., Master Fire Prevention Systems Inc., Floyd Bell Inc., SC Fastening Systems LLC, Contego International Inc., Acoustical Surfaces Pvt. Ltd.

North America was the largest region in the passive fire protection market in 2023. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the passive fire protection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the passive fire protection market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Passive fire protection encompasses various product types, including cementitious materials, intumescent coatings, fireproofing cladding, and others. Cementitious materials, possessing cement-such as properties, are employed to safeguard steel elements within a building's construction. These materials find diverse applications in structural protection, compartmentation, opening protection, firestopping, and are utilized across various sectors such as oil and gas, construction, industrial, warehousing, and others.

The passive fire protection market research report is one of a series of new reports that provides passive fire protection market statistics, including passive fire protection industry global market size, regional shares, competitors with a passive fire protection market share, detailed passive fire protection market segments, market trends and opportunities, and any further data you may need to thrive in the passive fire protection industry. This passive fire protection market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The passive fire protection market consists of revenues earned by entities by providing dampers, flame shields and fire doors as a part of passive fire protection. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.


The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.