PUBLISHER: Grand View Research | PRODUCT CODE: 1512023
PUBLISHER: Grand View Research | PRODUCT CODE: 1512023
U.S. Passive Fire Protection Market Size, Share & Trends Analysis Report By Product (Cementitious Materials, Intumescent Coatings, Fireproofing Cladding), By Application (Oil & Gas, Construction, Industrial Plants), And Segment Forecasts, 2024 - 2030
U.S. Passive Fire Protection Market Growth & Trends:
The U.S. passive fire protection market size is anticipated to reach USD 1,052.5 million by 2030, and is projected to grow at a CAGR of 5.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The emphasis on sustainability and energy efficiency in building design has led to the adoption of green building standards such as LEED (Leadership in Energy and Environmental Design), and the United States Green Building Council (USGBC) devised rating system. These standards are necessary to get green building certificates and therefore, builders are investing in passive fire protection solutions to ensure building resilience and safety measures.
The U.S. has robust regulations and standards governing building fire protection measures, including fire-resistant materials, compartmentalization, and structural fire protection requirements. Compliance with these regulations drives the demand for passive fire protection solutions, such as fire-resistant coatings, fire-rated doors, and fire-stopping systems, as building owners and developers strive to ensure the safety and integrity of their structures. Such stringent regulatory requirements and building codes related to fire safety and prevention are driving the passive fire protection market growth in the U.S.
Moreover, the increasing awareness of the importance of fire safety and risk mitigation drives the adoption of passive fire protection measures in the U.S. With high-profile incidents highlighting the devastating consequences of fires in buildings, there is a growing recognition of the need to invest in proactive fire protection strategies. Building owners, facility managers, and insurance companies increasingly prioritize fire safety measures to protect occupants, assets, and investments. This heightened awareness of fire risks and their potential impacts fuels the demand for passive fire protection solutions as part of comprehensive fire safety plans and risk management strategies.
U.S. Passive Fire Protection Market Report Highlights:
- Based on product, the cementitious materials segment holds the highest market share, at 41.3%, as it is used in new construction projects as well as redevelopment projects.
- Based on application, the construction segment is anticipated to grow at a significant CAGR during the forecast period. The growing emphasis on risk management and liability mitigation within the construction industry fuels the adoption of passive fire protection measures.
- In June 2022, Hilti Corporation developed smoke and acoustic wall assemblies, which are more productive and cost-efficient than traditional assemblies. This allows for the installation of the top of the wall seal simultaneously with track attachment, reducing rework.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Segment Definitions
- 1.2.1. Product
- 1.2.2. Application
- 1.2.3. Estimates and forecasts timeline
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Information Procurement
- 1.4.2. Information or Data Analysis
- 1.4.3. Market Formulation & Data Visualization
- 1.4.4. Data Validation & Publishing
- 1.5. Research Scope and Assumptions
- 1.5.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Product Outlook
- 2.2.2. Application Outlook
- 2.3. Competitive Insights
Chapter 3. U.S. Passive Fire Protection Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. End-user Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.1.1. Stringent regulatory requirements
- 3.3.1.2. Adoption of passive fire protection measures in the construction segment
- 3.3.2. Market restraint analysis
- 3.3.2.1. Higher upfront costs associated with implementing passive fire protection measures
- 3.3.3. Market opportunity analysis
- 3.3.3.1. Increasing focus on sustainability and green building practices
- 3.3.1. Market driver analysis
- 3.4. U.S. Passive Fire Protection Market Analysis Tools
- 3.4.1. End-user Analysis - Porter's
- 3.4.1.1. Supplier power
- 3.4.1.2. Buyer power
- 3.4.1.3. Substitution threat
- 3.4.1.4. Threat of new entrant
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic landscape
- 3.4.2.3. Social landscape
- 3.4.2.4. Technological landscape
- 3.4.2.5. Environmental landscape
- 3.4.2.6. Legal landscape
- 3.4.1. End-user Analysis - Porter's
Chapter 4. U.S. Passive Fire Protection Market: Product Estimates & Trend Analysis
- 4.1. Product Movement Analysis & Market Share, 2023 & 2030
- 4.2. Passive Fire Protection Market Estimates & Forecast, By Product, 2018 to 2030 (USD Million)
- 4.3. Cementitious Materials
- 4.3.1. Cementitious Materials Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Intumescent Coatings
- 4.4.1. Intumescent Coatings Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Fireproofing Cladding
- 4.5.1. Fireproofing Cladding Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Others
- 4.6.1. Others Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Passive Fire Protection Market: Application Estimates & Trend Analysis
- 5.1. Application Movement Analysis & Market Share, 2023 & 2030
- 5.2. Passive Fire Protection Market Estimates & Forecast, By Application, 2018 to 2030 (USD Million) (Kilotons) (Kilotons)
- 5.3. Oil & Gas
- 5.3.1. Oil & Gas Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Construction
- 5.4.1. Construction Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Industrial Plants
- 5.5.1. Industrial Plants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Warehousing
- 5.6.1. Warehousing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.7. Others
- 5.7.1. Others Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Passive Fire Protection Market - Competitive Landscape
- 6.1. Recent Developments & Impact Analysis, By Key Market Participants
- 6.2. Company Categorization
- 6.3. Company Market Share/Position Analysis, 2023
- 6.4. Company Heat Map Analysis
- 6.5. Strategy Mapping
- 6.6. Company Profiles
- 6.6.1. 3M
- 6.6.1.1. Participant's overview
- 6.6.1.2. Financial performance
- 6.6.1.3. Product benchmarking
- 6.6.1.4. Recent developments
- 6.6.2. Hilti Corporation
- 6.6.2.1. Participant's overview
- 6.6.2.2. Financial performance
- 6.6.2.3. Product benchmarking
- 6.6.2.4. Recent developments
- 6.6.3. Isolatek International
- 6.6.3.1. Participant's overview
- 6.6.3.2. Financial performance
- 6.6.3.3. Product benchmarking
- 6.6.3.4. Recent developments
- 6.6.4. Nullifir
- 6.6.4.1. Participant's overview
- 6.6.4.2. Financial performance
- 6.6.4.3. Product benchmarking
- 6.6.4.4. Recent developments
- 6.6.5. Roxul Inc.
- 6.6.5.1. Participant's overview
- 6.6.5.2. Financial performance
- 6.6.5.3. Product benchmarking
- 6.6.5.4. Recent developments
- 6.6.6. Sherwin-Williams
- 6.6.6.1. Participant's overview
- 6.6.6.2. Financial performance
- 6.6.6.3. Product benchmarking
- 6.6.6.4. Recent developments
- 6.6.7. STI Firestop
- 6.6.7.1. Participant's overview
- 6.6.7.2. Financial performance
- 6.6.7.3. Product benchmarking
- 6.6.7.4. Recent developments
- 6.6.8. Tenmat Inc.
- 6.6.8.1. Participant's overview
- 6.6.8.2. Financial performance
- 6.6.8.3. Product benchmarking
- 6.6.8.4. Recent developments
- 6.6.9. Tremco Incorporated
- 6.6.9.1. Participant's overview
- 6.6.9.2. Financial performance
- 6.6.9.3. Product benchmarking
- 6.6.9.4. Recent developments
- 6.6.10. USG Corporation
- 6.6.10.1. Participant's overview
- 6.6.10.2. Financial performance
- 6.6.10.3. Product benchmarking
- 6.6.10.4. Recent developments
- 6.6.1. 3M
List of Tables
- Table 1 List of abbreviations
- Table 2 U.S. passive fire protection market, 2018 - 2030 (USD Million)
- Table 3 U.S. passive fire protection market, by product, 2018 - 2030 (USD Million)
- Table 4 U.S. passive fire protection market, by application, 2018 - 2030 (USD Million)
List of Figures
- Fig. 1 Market research process
- Fig. 2 U.S. passive fire protection market segmentation
- Fig. 3 U.S. passive fire protection market technology landscape
- Fig. 4 Information procurement
- Fig. 5 Data analysis models
- Fig. 6 Market formulation and validation
- Fig. 7 Data validating & publishing
- Fig. 8 Market snapshot
- Fig. 9 Segment snapshot (1/2)
- Fig. 10 Segment snapshot (2/2)
- Fig. 11 Competitive landscape snapshot
- Fig. 12 U.S. passive fire protection market: Value chain analysis
- Fig. 13 U.S. passive fire protection market: Market dynamics
- Fig. 14 U.S. passive fire protection market: PORTER's analysis
- Fig. 15 U.S. passive fire protection market: PESTEL analysis
- Fig. 16 U.S. passive fire protection market: Product movement analysis
- Fig. 17 U.S. passive fire protection market: Product outlook and key takeaways
- Fig. 18 Cementitious materials market estimates and forecasts, 2018 - 2030
- Fig. 19 Intumescent coatings market estimates and forecasts, 2018 - 2030
- Fig. 20 Fireproofing cladding market estimates and forecasts, 2018 - 2030
- Fig. 21 Others market estimates and forecasts, 2018 - 2030
- Fig. 22 U.S. passive fire protection market: Application movement analysis
- Fig. 23 U.S. passive fire protection market: Application outlook and key takeaways
- Fig. 24 Oil & Gas market estimates and forecasts, 2018 - 2030
- Fig. 25 Construction market estimates and forecasts, 2018 - 2030
- Fig. 26 Industrial Plants market estimates and forecasts, 2018 - 2030
- Fig. 27 Warehousing market estimates and forecasts, 2018 - 2030
- Fig. 28 Others market estimates and forecasts, 2018 - 2030
- Fig. 29 Key Company Categorization
- Fig. 30 Company Market Positioning
- Fig. 31 Strategic Framework
