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Passive Fire Protection Materials Market

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<strong>Passive</strong> <strong>Fire</strong> <strong>Protection</strong> <strong>Materials</strong><br />

<strong>Market</strong><br />

REPORT DESCRIPTION<br />

<strong>Passive</strong> <strong>Fire</strong> <strong>Protection</strong> <strong>Materials</strong> <strong>Market</strong> - Saudi Arabia Industry Analysis, Size, Share, Growth, Trends<br />

and Forecast 2015 - 2023<br />

The passive fire protection materials market in Saudi Arabia is forecast to grow at a 4.4% CAGR for the period<br />

from 2015 to 2023. Increasing demand for foams and boards has promoted the Saudi Arabia passive fire<br />

protection materials market . The market is expected to grow from US$89.7 million in 2014 to US$131 million<br />

by 2023.<br />

Foams and Boards Accounting for 90% of Demand from <strong>Passive</strong> <strong>Fire</strong> <strong>Protection</strong> <strong>Materials</strong> <strong>Market</strong><br />

The report segments the passive fire protection materials market in Saudi Arabia on the basis of product and<br />

application. By product type, the passive fire protection materials market in Saudi Arabia is divided into foams<br />

and boards, sealants, intumescent coatings, putties, fire blocks, mortar, and cementitous sprays. The passive<br />

fire protection materials market in Saudi Arabia was dominated by foams and boards in 2014, which held a<br />

90% market share. Foams and boards, primarily used for interiors of buildings, will continue to dominate the<br />

market during the forecast period. Foams and boards are relatively economical and add aesthetic value to the<br />

interiors of buildings.<br />

Get FREE Sample Of This Report : http://www.transparencymarketresearch.com/sample/sample.php?<br />

flag=S&rep_id=5990<br />

By application, the passive fire protection materials market in Saudi Arabia is divided into structural steel<br />

fireproofing, duct, cable and wire tray fireproofing, civil, and mechanical and electrical. Doors, glasses, and<br />

windows are some other areas where fire protection materials are used. With a 25% market share, the<br />

structural steel fireproofing segment led the passive fire protection materials market in Saudi Arabia in 2014. It<br />

is important for the sealing of joints, penetration gaps, annular gaps, flooring, and walls to obstruct fire. As<br />

Transparency <strong>Market</strong> Research<br />

2

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