Global Passive Fire Protection Coatings Market to 2032

Overview

The Global Passive Fire Protection Coatings Market is expected to reach a 429.96 USD Million by 2032 and is projected to grow at a CAGR of 4.07% from 2025 to 2032.

Revenue, 2024 (USD Million)

300.36

Forecast, 2032 (USD Million)

429.96

CAGR, 2024 - 2032

4.07%

Report Coverage

Global

Global Passive Fire Protection Coatings Market 2018-2032 USD Million

Global Passive Fire Protection Coatings Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 300.36 USD Million
Projected Market Size (2032): 429.96 USD Million
CAGR (2025-2032): 4.07%

Key Findings of Global Passive Fire Protection Coatings Market

The Global Passive Fire Protection Coatings Market was valued at 429.96 USD Million in 2024.
The Global Passive Fire Protection Coatings Market is likely to grow at a CAGR of 4.07% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Water-Based protection Coating in Technology Segment accounted for the largest share of the market with a revenue of 189.62 USD Million
The fastest growing segment Automotive in Application Segment grew Fastest with a CAGR of 4.78% during the forecast period from 2024 to 2032.

Global Passive Fire Protection Coatings Market Scope

Global Passive Fire Protection Coatings Market Segmentation & Scope

Application

Others
Warehousing
Furniture
Textile
Electrical and Electronics
Aerospace
Construction
Oil & Gas
Automotive

End User

Others
Transportation
Oil & Gas
Building & Construction

Product Type

Others
Fireproofing cladding
Cementitious Material
Intumescent Coating

Technology

Solvent-Based protection Coating
Water-Based protection Coating

Global Passive Fire Protection Coatings Market Data Coverage Insights

Study Period	2024-2032
Base Year	2022
Unit	Revenue in USD Million
Market Value in 2024	300.36 USD Million
Market Value in 2032	429.96 USD Million
CAGR (2025-2032)	4.07%
Historic Data	2016-2023
Market Segments Covered	Application,End User,Product Type,Technology

Regional Insights:

Leading Market (2024-2032): Global, leading in terms of revenue 300.36 USD Million in 2024
- Key Country: Argentina, leading in terms of revenue with value of 8.58 USD Million in 2024.

Segments and Scope

Global Passive Fire Protection Coatings Market to 2032, By Application
- Automotive is the largest segment in Global Passive Fire Protection Coatings Market to 2032 with a revenue of 81.88 USD Million in the year 2024.
- Automotive is the Fastest growing segment in Global Passive Fire Protection Coatings Market to 2032 with a Growth rate of 4.78 % in forecast period 2025-2032.
Global Passive Fire Protection Coatings Market to 2032, By End User
- Building & Construction is the largest segment in Global Passive Fire Protection Coatings Market to 2032 with a revenue of 180.56 USD Million in the year 2024.
- Building & Construction is the Fastest growing segment in Global Passive Fire Protection Coatings Market to 2032 with a Growth rate of 4.24 % in forecast period 2025-2032.
Global Passive Fire Protection Coatings Market to 2032, By Product Type
- Intumescent Coating is the largest segment in Global Passive Fire Protection Coatings Market to 2032 with a revenue of 139.79 USD Million in the year 2024.
- Intumescent Coating is the Fastest growing segment in Global Passive Fire Protection Coatings Market to 2032 with a Growth rate of 4.49 % in forecast period 2025-2032.
Global Passive Fire Protection Coatings Market to 2032, By Technology
- Water-Based protection Coating is the largest segment in Global Passive Fire Protection Coatings Market to 2032 with a revenue of 189.62 USD Million in the year 2024.
- Water-Based protection Coating is the Fastest growing segment in Global Passive Fire Protection Coatings Market to 2032 with a Growth rate of 4.28 % in forecast period 2025-2032.

Global Passive Fire Protection Coatings Market Company Share Analysis

Company Name
Jotun
Kansai Paint Co.,Ltd.
The Sherwin-Williams Company
PPG Industries, Inc.
Akzo Nobel N.V.

Global Passive Fire Protection Coatings Market Geographical Sales Distribution, 2018-2032 USD Million

Global Passive Fire Protection Coatings Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Global Passive Fire Protection Coatings Market?

The Global Passive Fire Protection Coatings Market is segmented based on Segmentation Application,End User,Product Type,Technology.

What is the current market size of the Global Passive Fire Protection Coatings Market?

Global Passive Fire Protection Coatings Market was valued at USD 300.36(Revenue in USD Million) in 2022.

What is the expected growth rate of the Global Passive Fire Protection Coatings Market?

Global Passive Fire Protection Coatings Market is projected to grow at a CAGR of 4.07% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Global Passive Fire Protection Coatings Market?

The Water-Based protection Coating segment is expected to dominate the Global Passive Fire Protection Coatings Market, holding a largest market share of 189.62 USD Million in 2024

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