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Passive Fire Protection Market 2021-27; Growth Forecast & Industry Share Report

The passive fire protection market is anticipated to depict appreciable growth over the ensuing years, driven by the increasing product usage in fire extinguishment or management as well as the preservation of a property from harm and evacuation of occupants. Various associations are also taking interest in the adoption of numerous schemes that are favorable for boosting the penetration of passive fire protection products.

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Passive Fire Protection Market 2021-27; Growth Forecast & Industry Share Report

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  1. Passive Fire Protection Market : Competitive Insights, Regional Trends And Forecast To 2027

  2. Industry Insights: • The passive fire protection market is anticipated to depict appreciable growth over the ensuing years, driven by the increasing product usage in fire extinguishment or management as well as the preservation of a property from harm and evacuation of occupants. Various associations are also taking interest in the adoption of numerous schemes that are favorable for boosting the penetration of passive fire protection products. • For instance, in October 2021, the ASFP (Association for Specialist Fire Protection) launched a new magazine for updating both its members and the extensive construction, design, and fire sectors, with the most recent news of ASFP activities, and to comment and report on issues associated with the industry.

  3. The passive fire protection industry is witnessing the soaring demand for fire dampers owing to the surging residential construction activities in developing & developed countries. The objective of these dampers is the prevention of flames across a rated barrier. • These passive fire protection systems work by activating a heat-sensitive mechanism that results in the melting of damper components, causing them to close. Driven by these aspects, the fire dampers demand is expected to record a CAGR of 4% through the anticipated period. • Get sample copy of this research report @ • https://www.gminsights.com/request-sample/detail/5138 • The industry has also recorded the increasing adoption of bio-based fire-related materials & systems. This rise is mainly due to their sustainability, environmental benefits, and better efficiency in comparison to the present flame retardant systems.

  4. Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/passive-fire-protection-market Chapter 5 Passive Fire Protection Market, By Application 5.1 Global passive fire protection market insights, by application 5.2 Structural fire protection 5.2.1 Market estimates and forecasts, 2017 - 2027 5.2.2 Market estimates and forecast, by region, 2017 - 2027 5.3 Compartmentation 5.3.1 Market estimates and forecasts, 2017 - 2027 5.3.2 Market estimates and forecast, by region, 2017 – 2027

  5. 5.4 Fire stopping materials 5.4.1 Market estimates and forecasts, 2017 - 2027 5.4.2 Market estimates and forecast, by region, 2017 – 2027 5.5 Opening protection 5.5.1 Market estimates and forecasts, 2017 - 2027 5.5.2 Market estimates and forecast, by region, 2017 – 2027

  6. Region: • For the uninitiated, 60% of the world’s population (nearly 4.3 billion people) is currently residing in the APAC region. Besides, the urban population in the region is anticipated to surpass 3.3 billion counts by 2050 end, significantly enunciating the need for construction and construction equipment. Frequent use of construction equipment would result in component failure, leading to a spurt in the demand for spare parts. • Considering this rising demand, various construction companies operating in the region are taking up strategic initiatives like partnerships and collaborations, acquisitions, product developments, and more to consolidate their position in the overall market. A recent example for the aforesaid can be offered by Sany India and Putzmeister.

  7. Key Players • ASSA ABLOY AB • 3M Company • Saint-Gobain S.A. • Asahi India Glass Limited • Rapp Bomek AS • Promat

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