Fire Protection Materials Market

Fire Protection Materials Market, By Product Type,
Application, and End-Use Industry till 2026
Fire protection material are materials that help resist and withstand fire. These
materials are used to reduce the effects of destructive fires by minimizing the
harm caused to the body. These materials can be classified into active fire
protection materials or passive fire protection materials. Active fire protection
materials are those that require some kind of motion and action for its protection
such as the fire extinguishers used by the fire fighters, whereas passive fire
protection materials are those that are installed in a building, which do not
require any motion or action such as the fire resistant walls, floors, and fire
doors.
The increase in number of fire accidents, leading to the loss of life and valuable
assets has made various construction companies more vigilant, compelling them
to employ fire protection measures for safety, in turn, boosting the fire
protection materials market. Moreover, the increase in demand from the major
application industries, such as industrial and commercial constructions and oil
and gas industries, has boosted the market growth.
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Intumescent thin film coatings have been replacing conventional techniques
such as fillings, boards, and sprays. These coatings are extensively used by
architects, contractors, builders, and engineers in the protection of steel. New
innovations are boosting the productivity of fire productive materials. Epoxy
intumescent is one such innovation, which is widely used in Oil rigs.
Major players are adopting various organic and inorganic growth strategies. For
instance, Republic Elite acquired a merger with LDC Stone, Inc. in 2017.
The major players in the fire protection materials market include Hilti Group,
3M Co, Akzo Nobel N.V., Morgan Advanced Materials, Specified Technologies
Inc., Etex, Tremco Incorporated, BASF SE, Isolatek International (U.S.), USG
Corporation, Hempel Group, PPG Industries Inc., W.R. Grace & Co., Rolf
Kuhn GmbH, and Rectorseal.
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Fire Protection Materials Market report categorizes the global market by Product Type (Sealants, Fillers, Mortars, Sheets, Others), By Application (Steel Fireproofing, Wire Tray Fireproofing, Fire Doors, Others), and By End-Use Industry (Construction, Oil & Gas, Pharmaceutical, Others) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025