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North America Passive Fire Proofing System Market Forecast 2027 By Product (Fire Resistant Walls & Floors, Fire Dampers, Fire Doors, Fire Stops, Fire Resistant Glasses, Structural Steel Protection), By Application (Structural Fire Protection, Compartmentation, Fire Stopping Materials, Opening Protection), By End-user (Residential, Commercial, Institutional), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
Published Date: November 2021 | Publisher: Graphical Research Report ID: GR2015 | Delivery : PDF  Request Free Sample

North America Passive Fire Proofing System Market size exceeded USD 7 billion in 2020 and is anticipated to expand at a CAGR of 4.3% from 2021 to 2027.

North America Passive Fire Proofing System Market Size

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Passive fire proofing systems play pivotal role along with active fire protection systems to ensure safety of buildings and occupants. Various products including fire resistant walls & floors, fire doors, structural components, fire dampers, etc. aid in preventing spread of fire from one part to other parts of building. These products also help in containing smoke and different types of toxic gases which contribute significantly to fire related deaths. Many product manufacturers are investing in research & development activities to develop new products with improved fire resistance properties.

North America Market, By Product

North America Passive Fire Proofing System Market Size, By Product

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Fire resistance glasses segment accounted for around 12% share in 2020. Fire resistance glasses are commonly used in the building's openings. The rapid growth of the segment is attributed to its superior characteristics. The most compelling properties of these glasses are durability, low maintenance, efficient temperature radiation, and safety quality. Along with offering integrity, many fire-resistant glasses also prevent the transmission of heat to the non-fire fireside. Such characteristics render the fire resistance glasses a preferred choice for consumers as a fire protection measure.

Fire dampers, smoke dampers, and even a combination of these systems are critical for passive fire protection. Fire dampers play a critical role in preventing the spread of flames across a fire-rated barrier. Their application is recommended while penetrating a fire-rated barrier to install ductwork. The damper is installed in the ductwork where it intersects the barrier. Fire dampers are highly preferred in such places as they consist of a heat-sensitive device that melts down when exposed to elevated temperature and leading to the closure of damper components.

North America Market, By End-user

North America Passive Fire Proofing System Market Size, By End-user

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Commercial end-user segment will generate a revenue for around USD 5.5 billion by 2027. Growing urbanization, rising income levels and economic developments in the United States and Canada have led to the expansion of the North America construction industry. Measures for fire protection within construction sector are widely accepted within this region. Regulatory bodies such as National Fire Protection Association (NFPA) and The United States. government established strict regulatory framework to minimize the fire related incidents in construction sector.

The institutional & residential segments will showcase moderate to high growth potential and capturing ability in North America passive fire proofing system market. The high cost of fire protection measures and low adoption of such practices, especially in developing regions are hampering the industry expansion in these sectors. Nevertheless, the rapid rate of urbanization will raise concerns over fire hazards in buildings and is likely to create awareness among the general population.

Competitive Industry Landscape

Major companies operating in the market are Assa Abloy AB, Saint-Gobain S.A., Hörmann KG Verkaufsgesellschaft, Chase Industries, Inc., Rapp Bomek AS, UK Performance Doorsets Ltd., Mesker Openings Group, Ruskin Company, Asahi India Glass Limited, Promat, Halton Group, Isolatek International Corporation, 3M, Tremco, Inc., Stonhard, Inc., and Pyroplex Ltd. Industry players are majorly engaged in research and development and focusing on increasing their product range with new technologies and materials.
 

Frequently Asked Question(FAQ) :

The market size for passive fire proofing system in North America was surpassed USD 7 billion in 2020 and will witness a CAGR of 4.3% between 2021 and 2027 with rising need to ensure safety of building and occupants.
Fire resistance glasses contributed approximately 12% share toward North America market in 2020 and will witness a similar trend on the back of low maintenance, durability and efficient temperature radiation.
Commercial end-user could garner around USD 5.5 billion in North America market by 2027 due to burgeoning urbanization and economic developments in the U.S. and Canada.
Rapp Bomek AS, Hörmann KG Verkaufsgesellschaft, Ruskin Company, Isolatek International Corporation, Stonhard, Inc. and Chase Industries, Inc., among others are some of the leading companies in boosting North America market share.

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