Middle East And Africa Fire Protection Materials Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 162,010.91 million |
Market Size (Forecast Year) |
USD 304,342.32 million |
CAGR |
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Major Markets Players |
Middle East and Africa 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.
Middle East and Africa Fire Protection Materials Market Analysis and Size
Government initiatives in the Middle East, such as Saudi Arabia Vision 2030 and Abu Dhabi Economic Vision 2030, are expected to have a significant impact on the consumption of fire protection materials in the region's commercial sector. These initiatives aim to enhance economic development and diversification, and as a result, they are likely to drive the demand for fire protection materials in various construction projects and infrastructure developments.
Data Bridge Market Research analyses that the Middle East and Africa fire protection materials market which was USD 1,62,010.91 million in 2022, is expected to reach USD 3,04,342.32 million by 2030, growing at a CAGR of 7.3% 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.
Middle East and Africa 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 |
Saudi Arabia, Egypt, Israel, UAE, South Africa and Rest of Middle East and Africa |
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 substances, products, or systems designed to prevent, control, or mitigate the risks and effects of fires. These materials are specifically developed and implemented to enhance fire safety by minimizing the spread of flames, controlling heat and smoke, and providing structural integrity and insulation during fire incidents. Fire protection materials encompass a wide range of solutions, including fire-resistant coatings, fire extinguishers, fire alarms, fireproof fabrics, fire doors, fire-resistant building materials, and other technologies aimed at reducing the impact of fires and protecting lives, property, and the environment.
Middle East and Africa Fire Protection Materials Market Dynamics
Drivers
- Rapidly Increasing Construction Activities
Growing construction activities, particularly in commercial, residential, and industrial sectors, create a higher demand for fire protection materials. As new buildings and infrastructure projects are developed, there is a need to incorporate effective fire safety measures. Thus, the demand of fire protection materials market during the forecast period of 2023 to 2030.
- Rise in Focus on Life and Property Safety
Fire protection materials play a crucial role in safeguarding lives and minimizing property damage during fire incidents. The emphasis on occupant safety and asset protection fuels the demand for fire-resistant coatings, fire suppression systems, fire doors, and other fire protection solutions.
Opportunities
- Rapid Technological Advancements
Continuous advancements in fire protection technology, such as the development of innovative fire-resistant materials and systems, contribute to market growth. Newer materials offer enhanced performance, durability, and ease of installation, making them attractive options for fire protection. Thus, the various advancements is expected to create ample opportunities for the fire protection materials market during the forecast period of 2023 to 2030.
- Rise in Industrial and Commercial Applications
Fire protection materials find extensive use in various industries, including oil and gas, manufacturing, transportation, and power generation. The need to protect critical infrastructure and assets in these sectors thus creating various opportunities for the market to grow.
Restraints/Challenges
- High Costs Associated with the Product
Fire protection materials often involve higher upfront costs compared to conventional materials. This can deter some consumers and project developers from investing in fire protection solutions especially in cost-sensitive markets or projects with tight budgets, thus hindering the market growth.
- Limited Fire Testing and Certification
The availability of comprehensive fire testing and certification processes for new and innovative fire protection materials can be limited. This can create uncertainty and hesitation among buyers, as the performance and effectiveness of certain materials may not be fully validated.
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.
Middle East and Africa 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
Middle East and Africa 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 Saudi Arabia, Egypt, Israel, UAE, South Africa and Rest of Middle East and Africa.
The Middle East and Africa countries such as the UAE and Saudi Arabia, are witnessing a significant demand for fire protection materials. This demand is primarily driven by the increasing need for fire protection solutions in both indoor and outdoor building applications. Consequently, the market for fire protection materials in these regions is experiencing substantial growth to meet the rising demand.
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 Middle East and Africa 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
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