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Global passive fire protection market size is expected at $6.27 Bn by 2027 at a growth rate of 6.9% and growth analysis by The Business Research Company.<br>
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Passive Fire Protection Market Report 2023 Market Size, Trends and Global Forecast 2023-2032
Passive Fire Protection Market Segments The Business Research Company segments it’s Passive Fire Protection Marketreport as: Cementitious Materials, Intumescent Coating, Fireproofing Cladding, Other Products By Product Oil And Gas, Construction, Industrial, Warehousing, Other End-Users By End-User By Application Structural, Compartmentation, Opening Protection, Firestopping Material
Market Statistics 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 market size of global passive fire protection is expected to grow to $6.27 billion in 2027 at a CAGR of 6.9%. Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers The growing construction sector is driving the growth of the passive fire protection market. Trends Technological advancement is a key trend gaining popularity in the passive fire protection market. • Region North America was the largest region in the passive fire protection market in 2022. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the passive fire protection analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Market Players • Major players in the Passive Fire Protection Market are: • 3M • PPG Industries Inc. • Sherwin-Williams • RotarexFiretec • Specified Technologies Inc. • And more. Get More Information On The Passive Fire Protection Market Report
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