Fire Protection Materials Market SWOT Analysis and Opportunity and Forecast To 2028
Data Bridge Market
Research analyses that the fire protection materials market is expected to reach USD 135.95 million by
2030, which is USD 77.95 million in 2022, registering a CAGR of 7.20% 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.
According to the most recent National Fire Protection
Association (NFPA) statistics, around seven people per day are killed by flames
in the U.S. As a result of their effectiveness in preventing the transmission
of flame from one homeland to the next, fire prevention materials have become
increasingly popular. These substances can withstand fire for a long time.
Furthermore, increasing awareness of building safety codes and augmented fire
danger occurrences are anticipated to support
offers of fire insurance materials. Fire protection materials can partly
replace conventional development materials such as putty, sealants and coating
sprays and have substantial growth potential.
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Market Analysis and
Insights
Electronic products contain components such as circuit
boards, transformers, semiconductors and batteries that are measured as
potential ignition sources. The fire protection materials are highly used in
the casting process of these components to inhibit small ignition from turnoff
into higher fire scenarios. Smartphones have developed rapidly in the
electrical and electronics sector because of the bolstering demand for
electrical equipment and consumer electronics such as television and PCs. For
instance, as per the India Brand Equity Foundation (IBEF), the manufacturing
industry of electronics in India is expected to reach around US$520 billion by
the year 2025. Moreover, as peer the statistics of World Semiconductor Trade, semiconductor market sales around US$555.9
billion in 2021, accounting rise of approx., 26.2%. With such a surge in
electronic sales and production of semiconductors, the demand for these
materials for casting applications will also rise. This will create immense
opportunities for the growth of the fire protection materials industry.
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Fire Protection
Materials Market Scope
The fire protection materials market is segmented on
the basis of of products, types of fire, distribution channel, application and
end-user. The growth amongst these segments will help you analyze 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
and 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
and Wire Tray Fireproofing
- Doors
- Windows
- Glasses
- Others
End-User
- Residential
- Commercial
- Institutional
- Infrastructure
Competitive Landscape and 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.
The major players
covered in the silicon nitride market report are
- Technologies
Inc. (U.S.)
- Trelleborg
AB (publ) (Sweden)
- BASF SE
(Germany)
- PPG Industries
Ohio, Inc. (U.S.)
- 3M
(U.S.)
- Akzo
Nobel N.V (Netherland)
- Etex
Group (Belgium)
- Morgan
Advanced Materials (U.K.)
- ROCKWOOL
Asia (Denmark)
- svt
Group of Companies (U.S.)
- Sika AG
(Switzerland)
- The
Sherwin-Williams Company (U.S.)
- Unifrax (U.S.)
- SCHOTT AG
(Germany)
- Nippon
Sheet Glass Co. Ltd. (Japan)
- Saint
Gobain S.A (France)
- Henkel
AG and Co. KgaA (Germany)
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