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Passive Fire Protection Materials Market Share

Report ID: GMI2305
Published Date: Aug 2021
Report Format: PDF

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Passive Fire Protection Materials Market Share

Companies are continuously adopting strategies, such as mergers & acquisitions, product improvisation, etc., to stimulate the company’s distribution channels by offering greater exposures and better opportunities to reach customers. For instance, in March 2016, Rudolf Hensel GmbH merged with AUDAX-Keck GmbH to strengthen its product offerings and eventually gain competitive advantages. The key players engaged in the global passive fire protection materials industry are

Lloyd
3M
Sherwin-Williams Company
Hempel
Nullifire
Etex SA
Saint-Gobain
Siniat International
Promat International

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The passive fire protection materials industry size to cross USD 9 billion by 2027 and will grow at a rate of 6.6% between 2021 and 2027.

Intumescent coatings will register a growth rate of 7.5% through 2027 owing to their usage across numerous end-user industries comprising oil & gas, construction, aerospace, manufacturing, automotive, and warehousing.

Compartmentation accounted for more than 48% in the overall market share in 2020 and will expand due to considerable product usage across a range of industries and its mode of application.

Asia Pacific passive fire protection materials market will record USD 2.2 billion by 2027 driven by the increasing population and improving socio-economic factors.