- Passive Fire Protection solutions, including fireproof coatings, claddings, and cementitious materials, play a crucial role in safeguarding structures by enhancing fire resistance and maintaining structural integrity during fire incidents
- The rising focus on regulatory compliance, building safety standards, and the need to protect critical infrastructure are key factors propelling demand for passive fire protection across various industries such as oil and gas, construction, transportation, and warehousing
- Asia-Pacific dominated the passive fire protection market with the largest revenue share of 40.52% in 2024, driven by rapid urbanization, expanding infrastructure projects, and stringent fire safety regulations across countries such as China, India, Japan, and South Korea
- North America is poised to grow at the fastest CAGR of 11.8% during the forecast period from 2025 to 2032, supported by rising investments in upgrading aging infrastructure and stringent fire safety regulations in the U.S. and Canada
- The cementitious materials segment dominated the market with the largest revenue share of 41.5% in 2024, driven by its high durability, cost-effectiveness, and widespread use in structural fireproofing applications
