Europe Fire Protection Materials Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 792,164.30 Million |
Market Size (Forecast Year) |
USD 1,532,688.00 Million |
CAGR |
|
Major Markets Players |
Europe Fire Protection Materials Market, By Product (Adhesive and Sealant, Intumescent Coatings, Sheets & Boards, Foam, Putties, Mortar, Fire Blocks, Cementitious Spray, Fire Safe Pipe Penetrations, Others), Types of Fire (Cellulosic Fires, Hydrogen Fires, Jet Fires), Distribution Channel (E-Commerce, B2B, Others), Application (Pipe, Duct, Structural Steel Fireproofing, Cable & Wire Tray Fireproofing, Doors, Windows, Glasses, Others), End-User (Residential, Commercial, Institutional, Infrastructure) - Industry Trends and Forecast to 2023 to 2030.
Europe Fire Protection Materials Market Analysis and Size
Fire protection materials play a crucial role in preventing and minimizing fire damage. They are designed to resist or delay the spread of fire, protecting lives and property. The fire protection materials market is driven by increasing awareness of fire safety and the implementation of stringent safety regulations across various industries. Germany has a well-developed fire safety market due to its strict regulations and focus on safety standards.
Data Bridge Market Research analyses that the Europe fire protection materials market which was USD 7,92,164.3 million in 2022, is expected to reach USD 15,32,688 million by 2030, growing at a CAGR of 8.6% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Europe Fire Protection Materials Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Product (Adhesive and Sealant, Intumescent Coatings, Sheets & Boards, Foam, Putties, Mortar, Fire Blocks, Cementitious Spray, Fire Safe Pipe Penetrations, Others), Types of Fire (Cellulosic Fires, Hydrogen Fires, Jet Fires), Distribution Channel (E-Commerce, B2B, Others), Application (Pipe, Duct, Structural Steel Fireproofing, Cable & Wire Tray Fireproofing, Doors, Windows, Glasses, Others), End-User (Residential, Commercial, Institutional, Infrastructure) |
Countries Covered |
Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland and Rest of Europe |
Market Players Covered |
Specified Technologies Inc (U.S.), TENMAT Ltd (U.K.), Trelleborg (Sweden), BASF SE (Germany), PPG Industries, Inc (U.S.), 3M (U.S.), Akzo Nobel N.V. (Netherlands), EtexGroup (Belgium), HKO Group (Germany), Morgan Advanced Materials (U.K.), ROCKWOOL International A/S (Denmark), Rolf Kuhn GmbH (Germany), Sika AG (Switzerland), The Sherwin-Williams Company (U.S.), Unifrax (U.S.) |
Market Opportunities |
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Market Definition
Fire protection materials are specialized substances, products, or systems designed to prevent or minimize the spread of fire, protect lives, and safeguard property. These materials are specifically formulated to resist the effects of fire, including high temperatures, flames, and smoke. They serve as a barrier or deterrent against fire hazards, providing critical fire safety measures in various settings such as residential, commercial, and industrial buildings. Fire protection materials can include fire-resistant coatings, fire doors and windows, fire extinguishers, fireproofing insulation, fire alarm systems, fire-resistant fabrics, and fire suppression systems. Their primary purpose is to enhance fire safety by reducing the risk of ignition, slowing down fire progression, and enabling safe evacuation in case of a fire emergency.
Europe Fire Protection Materials Market Dynamics
Drivers
- Stringent Safety Regulations
The implementation of strict safety regulations and building codes that mandate the use of fire protection materials in residential, commercial, and industrial structures drive the demand for these products. Compliance with safety standards creates a market demand for fire-resistant materials and systems. Thus strict rules imposed is expected to drive the growth of the fire protection materials market during the forecast period of 2023 to 2030.
- Increasing Awareness of Fire Safety
Growing awareness among individuals, businesses, and governments regarding the importance of fire safety measures fuels the demand for fire protection materials. Concerns about the potential risks of fire incidents and the need to protect lives and property drive the market growth.
Opportunities
- Rapid Technological Advancements
Ongoing research and development in fire protection technologies result in innovative materials and systems that offer enhanced fire resistance, improved efficiency, and ease of installation. Technological advancements drive market growth by providing better solutions and expanding the range of available fire protection materials, hence will create ample opportunities for the market to grow during the forecast period.
- Rise in Green Building Initiatives
Increasing focus on sustainability and green building initiatives creates opportunities for eco-friendly fire protection materials. Manufacturers can develop environmentally friendly fire-resistant coatings, insulation materials, and fire suppression systems that align with sustainable construction practices.
Restraints/Challenges
- Lack of Awareness and Education
Many end-users, particularly in developing regions, may have limited awareness of fire safety measures and the importance of using fire protection materials. Insufficient education and training about fire safety can hinder the market growth as potential customers may not prioritize investments in these materials.
- Complex Regulatory Environment
Compliance with complex and evolving fire safety regulations can pose challenges for both manufacturers and end-users. The need to navigate different regulatory frameworks, certifications, and testing requirements can increase costs and cause delays in product development and market entry.
This fire protection materials market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the fire protection materials market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In June 2022, Hempel A/S introduced Hempafire XTR 100, a lightweight coating with a thin film thickness, designed for passive fire protection of hydrocarbon-based oil and gas downstream assets.
- In April 2022, Henkel unveiled two fire protection coating products, namely Loctite FPC 5060 and Loctite EA 9400. These coatings were specifically developed to safeguard electric vehicle batteries from fire and heat during a thermal runaway incident. By applying these coatings to battery packs, Henkel aims to mitigate and slow down the spread of fires, providing occupants with valuable evacuation time and enhancing passenger safety.
Europe Fire Protection Materials Market Scope
The fire protection materials market is segmented on the basis of product, types of fire, distribution channel, application and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Adhesive and Sealant
- Intumescent Coatings
- Sheets & Boards
- Foam
- Putties
- Mortar
- Fire Blocks
- Cementitious Spray
- Fire Safe Pipe Penetrations
- Others
Types of Fire
- Cellulosic Fires
- Hydrogen Fires
- Jet Fires
Distribution Channel
- E-Commerce
- B2B
- Others
Application
- Pipe
- Duct
- Structural Steel Fireproofing
- Cable & Wire Tray Fireproofing
- Doors
- Windows
- Glasses
- Others
End-User
- Residential
- Commercial
- Institutional
- Infrastructure
Europe Fire Protection Materials Market Regional Analysis/Insights
The fire protection materials market is analysed and market size insights and trends are provided by product, types of fire, distribution channel, application and end-user as referenced above.
The countries covered in the fire protection materials market report are Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland and Rest of Europe.
Germany dominates is dominating in Europe fire protection materials market due to the increasing demand for fire protection materials in the building and construction.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe Fire Protection Materials Market Share Analysis
The fire protection materials market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to fire protection materials market.
Some of the major players operating in the fire protection materials market are:
- Specified Technologies Inc (U.S.)
- TENMAT Ltd (U.K.)
- Trelleborg (Sweden)
- BASF SE (Germany)
- PPG Industries, Inc (U.S.)
- 3M (U.S.)
- Akzo Nobel N.V. (Netherlands)
- EtexGroup (Belgium)
- HKO Group (Germany)
- Morgan Advanced Materials (U.K.)
- ROCKWOOL International A/S (Denmark)
- Rolf Kuhn GmbH (Germany)
- Sika AG (Switzerland)
- The Sherwin-Williams Company (U.S.)
- Unifrax (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.