Global Fire Protection Materials Market is expected to grow with the CAGR of 7.0% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
Global fire protection materials market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in global fire protection materials market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in April 2020, Trelleborg announced that they have launched a next-generation fire seal for aircraft engines. The more power the engine gets from the same volume of fuel, rendering the engine more effective with lower fuel usage. Aircraft manufacturers tend to operate engines at consistently higher temperatures with the new choices running at +600°F and beyond, considerably higher than their predecessors. Through this launch, the company aims to expand its product portfolio in the market.
Specified Technologies Inc. is the dominating player in global fire protection materials market. The other key players existing in the market includes TENMAT Ltd, Tremco Incorporated (A Subsidiary of RPM International Inc.), Isolatek International, HKO Group (A Subsidiary of Saint-Gobain), 3M, BASF SE, Rolf Kuhn GmbH, Hilti, Morgan Advanced Materials, Akzo Nobel N.V., RectorSeal, Flamecheck International, Etex Group, Sika AG, ROCKWOOL International A/S, PPG Industries, Inc., The Sherwin-Williams Company, Trelleborg, and Unifrax among others.
Specified Technologies Inc is headquartered in New York, U.S. The company is the manufacturer of innovative fire protection systems that help to stop the spread of fire, smoke and hot gases with wide range of product including penetrations, construction joints, curtain wall, smoke & acoustical, fireblocking/draftstopping, protective wraps, interior finish and the market focused product is penetrations, construction joints, curtain wall, interior finish in fire protection materials market.
The company has a wide global presence across the globe such as North America, Latin America, Asia-Pacific, Europe and Middle East and Africa In addition to it, the company also generates its revenue from the various subsidiary companies such as Alva-Tech Inc. (U.S.) among others.
TENMAT Ltd was founded in 1997 and is headquartered in Manchester, U.K. The company is the manufacturer of advanced materials and components with diversified product range includes wear parts and bearings, engineering ceramics, high temperature resistant materials, hard metals, and passive fire protection solutions. The company offers various products such as wear parts and bearings, high temperature material, passive fire protection and advanced materials among which passive fire protection is market focused segment.
The company has a wide global presence in Europe and North America.
Trelleborg is headquartered in Trelleborg, Sweden and was founded in 1905. The company is engaged manufacturing and supplying of paints, coatings, optical products, and specialty materials. The company offers various products such as antivibration solutions, applied technologies, boots, damping solutions, engineered coated fabrics, fluid handling solutions, healthcare & medical, marine and infrastructure, offshore, pipe seals, printing solutions, rubber flooring, rubena, savatech, sealing profiles, sealing solutions, wheel systems among which offshore is market focused segment.
The company has a wide global presence in Americas, Asia-Pacific, Middle East and Africa and Europe. In addition to it, the company also generates its revenue from the various subsidiary companies such as Trelleborg Sealing Solutions US, Inc. (U.S.), Vibracoustic USA, Inc (U.S.), Tritec Seal LLC (Sweden) and Trelleborg Automotive India Private Limited (India) among others.
Global Fire Protection Materials Market – Industry Trends and Forecast to 2027
Europe Fire Protection Materials Market – Industry Trends and Forecast to 2027
Asia-Pacific Fire Protection Materials Market – Industry Trends and Forecast to 2027
Middle East and Africa Fire Protection Materials Market – Industry Trends and Forecast to 2027
North America Fire Protection Materials Market – Industry Trends and Forecast to 2027