{"id":524427,"date":"2020-12-24T12:04:01","date_gmt":"2020-12-24T12:04:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=524427"},"modified":"2020-12-24T12:04:01","modified_gmt":"2020-12-24T12:04:01","slug":"europe-passive-fire-protection-market-is-expected-to-accomplish-a-valuation-of-around-usd-13-billion-by-2027-grand-view-research-inc","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/europe-passive-fire-protection-market-is-expected-to-accomplish-a-valuation-of-around-usd-13-billion-by-2027-grand-view-research-inc_524427.html","title":{"rendered":"Europe Passive Fire Protection Market Is Expected To Accomplish A Valuation Of Around USD 1.3 Billion By 2027 | Grand View Research, Inc."},"content":{"rendered":"<div style=\"float:right; width:250px; padding:8px 10px 10px 10px;\"><a href=\"https:\/\/www.abnewswire.com\/uploads\/1608660825.jpeg\" style=\"border:none !important;\" target=\"_blank\" rel=\"nofollow\" ><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-29\" title=\"Europe Passive Fire Protection Market Is Expected To Accomplish A Valuation Of Around USD 1.3 Billion By 2027 | Grand View Research, Inc.\" src=\"https:\/\/www.abnewswire.com\/uploads\/1608660825.jpeg\" alt=\"Europe Passive Fire Protection Market Is Expected To Accomplish A Valuation Of Around USD 1.3 Billion By 2027 | Grand View Research, Inc.\" width=\"225\" height=\"225\" style=\"padding:0px 0px 10px 10px; border:0 solid !important;\" \/><\/a><\/p>\n<div class=\"quotes\">\n<div>Grand View Research, Inc. &#8211; Market Research And Consulting.<\/div>\n<\/div>\n<\/div>\n<div style=\"font-style:italic; padding:8px 0px;\">According to report published by Grand View Research, Growing demand for fire-safe buildings has led to increased investments in terms of installation of passive fire protection systems in the construction sector, which will also boost the market growth.<\/div>\n<p style=\"text-align: justify;\">According to a report, &ldquo;<strong>Europe Passive Fire Protection Market Size, Share &amp; Trends Analysis Report By Product (Cementitious Materials, Intumescent Coatings), By End-use (Oil &amp; Gas, Construction, Industrial), And Segment Forecast, 2020 &#8211; 2027<\/strong>&rdquo;, published by Grand View Research, Inc.,The&nbsp;<a href=\"https:\/\/www.grandviewresearch.com\/industry-analysis\/europe-passive-fire-protection-market\/?utm_source=abnewswire&amp;utm_medium=referral&amp;utm_campaign=vakhas-s_cmfe_24-Dec-20&amp;utm_term=europe-passive-fire-protection-market&amp;utm_content=rd\" target=\"_blank\"><span><strong>Europe passive fire protection marke<\/strong>t<\/span><\/a>&nbsp;size is expected to reach USD 1.3 billion by 2027 registering a CAGR of 3.4%, according to a new report by Grand View Research, Inc. Favorable government regulations about structural fire safety and increasing awareness regarding the same are expected to drive market growth. Growing demand for fire-safe buildings has led to increased investments in terms of installation of passive fire protection systems in the construction sector, which will also boost the market growth.<\/p>\n<div class=\"advanced_report_list full press_room\" style=\"text-align: justify;\">\n<p>Increasing investments in exploration and production activities by the oil &amp; gas companies have boosted the demand for hydrocarbon intumescent coatings. Fire protection is an important aspect of the structural steel safety in industries including oil &amp; gas and chemicals as the risks of fire accidents are high owing to the combustion of hydrocarbon fuels.<\/p>\n<p>Growing demand for high-quality&nbsp;<span><span>passive fire protection<\/span><\/span>&nbsp;products with improved efficiency and reliability along with the popularity of technologies used in their production is pushing manufacturers to continuously engage in innovation. This is driving them to take the necessary steps to maintain and enhance the standards of their products.<\/p>\n<p><strong>&#8220;Would you Like\/Try a Sample Report&#8221; Click the link below: <\/strong><a href=\"https:\/\/www.grandviewresearch.com\/industry-analysis\/europe-passive-fire-protection-market\/request\/rs5\/?utm_source=abnewswire&amp;utm_medium=referral&amp;utm_campaign=vakhas-s_cmfe_24-Dec-20&amp;utm_term=europe-passive-fire-protection-market&amp;utm_content=request_sample\">https:\/\/www.grandviewresearch.com\/industry-analysis\/europe-passive-fire-protection-market\/request\/rs5<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"Germany passive fire protection market size, by product, 2016 - 2027 (USD&nbsp;Million)\" src=\"https:\/\/www.grandviewresearch.com\/static\/img\/research\/germany-passive-fire-protection-market-size.png\" alt=\"Germany passive fire protection market size\" width=\"400\" height=\"200\" \/><\/p>\n<p><strong><span>Europe Passive Fire Protection Market Report Highlights<\/span><\/strong><\/p>\n<ul>\n<li>\n<p>The cementitious material segment accounted for the largest revenue share of over 41% of the global market owing to the wide usage of steel structures in infrastructure development projects<\/p>\n<\/li>\n<li>\n<p>Construction is expected to be the largest as well as fastest-growing end-use segment over the forecast period owing to the rise in building &amp; construction activities post relaxation of containment measures taken due to the Covid-19 pandemic<\/p>\n<\/li>\n<li>\n<p>The industrial end-use segment accounted for the second-largest market share of over 22% in 2019 owing to the rising emphasis on the improvement of fire safety standards across the regional industries<\/p>\n<\/li>\n<li>\n<p>Germany accounted for the largest market share in 2019 owing to high demand for passive fire safety products from the industrial, automotive, and construction sectors<\/p>\n<\/li>\n<li>\n<p>The market is highly competitive and is characterized by the presence of both global and regional players<\/p>\n<\/li>\n<\/ul>\n<p><strong>End-use Insights<\/strong><\/p>\n<p>The construction segment led the regional market in 2019 accounting for a revenue share of over 29%. The segment is expected to grow further at the fastest CAGR from 2020 to 2027. Increasing awareness regarding fire safety requirements in old structures and rising number of refurbishment projects are anticipated to drive the segment growth. Furthermore, rising demand for broader energy-efficient and fire-safe infrastructure in the region is expected to drive the product demand in this segment. Rising emphasis on the improvement of fire safety standards across all the end-use industries in the region is expected to boost the market growth further.<\/p>\n<p>Extensive usage of steel in structure fabrication and rising concerns regarding the prevention of inventory loss are expected to drive product demand in the warehousing segment. Growing merger &amp; acquisition activities by major companies to increase their market share and expand service portfolios are likely to drive the warehouse services segment.<\/p>\n<p class=\"paddLeft\"><img loading=\"lazy\" decoding=\"async\" title=\"Europe passive fire protection market share, by end use, 2019 (%)\" src=\"https:\/\/www.grandviewresearch.com\/static\/img\/research\/europe-passive-fire-protection-market-share.png\" alt=\"Europe passive fire protection market share\" width=\"400\" height=\"200\" \/>&nbsp;<\/p>\n<p>Oil &amp; gas is estimated to be the second-largest end-use segment over the forecast period. Rising demand for intumescent coatings in the oil &amp; gas industry owing to the increasing investments in exploration &amp; production activities is expected to propel segment growth. Moreover, the rising number of capacity expansion projects and setting up of new refining capacities in the region are expected to drive the segment.<\/p>\n<p><strong>Have Any Query? Ask Our Experts for More Details on Report: <\/strong><a href=\"https:\/\/www.grandviewresearch.com\/inquiry\/3037\/ibb\/?utm_source=abnewswire&amp;utm_medium=referral&amp;utm_campaign=vakhas-s_cmfe_24-Dec-20&amp;utm_term=europe-passive-fire-protection-market&amp;utm_content=inquire_before_buying\">https:\/\/www.grandviewresearch.com\/inquiry\/3037\/ibb<\/a><\/p>\n<p><strong><span>Europe Passive Fire Protection Market Segmentation<\/span><\/strong><\/p>\n<p><strong>Grand View Research has segmented the Europe passive fire protection market on the basis of product, end-use, and country:<\/strong><\/p>\n<p><span>Europe Passive Fire Protection Product Outlook (Revenue, USD Million, 2016 &#8211; 2027)<\/span><\/p>\n<ul>\n<li>\n<p>Cementitious Materials<\/p>\n<\/li>\n<li>\n<p>Intumescent Coatings<\/p>\n<\/li>\n<li>\n<p>Fireproofing Cladding<\/p>\n<\/li>\n<li>\n<p>Others<\/p>\n<\/li>\n<\/ul>\n<p><span>Europe Passive Fire Protection End-use Outlook (Revenue, USD Million, 2016 &#8211; 2027)<\/span><\/p>\n<ul>\n<li>\n<p>Oil &amp; Gas<\/p>\n<\/li>\n<li>\n<p>Construction<\/p>\n<\/li>\n<li>\n<p>Industrial<\/p>\n<\/li>\n<li>\n<p>Warehousing<\/p>\n<\/li>\n<li>\n<p>Others<\/p>\n<\/li>\n<\/ul>\n<p><span>Europe Passive Fire Protection Country Outlook (Revenue, USD Million, 2016 &#8211; 2027)<\/span><\/p>\n<ul>\n<li>\n<p>France<\/p>\n<\/li>\n<li>\n<p>Germany<\/p>\n<\/li>\n<li>\n<p>Italy<\/p>\n<\/li>\n<li>\n<p>Russia<\/p>\n<\/li>\n<li>\n<p>Spain<\/p>\n<\/li>\n<li>\n<p>The U.K.<\/p>\n<\/li>\n<li>\n<p>Romania<\/p>\n<\/li>\n<li>\n<p>Poland<\/p>\n<\/li>\n<li>\n<p>Czech Republic<\/p>\n<\/li>\n<\/ul>\n<p><strong><span>List of Key Players of Europe Passive Fire Protection Market<\/span><\/strong><\/p>\n<ul>\n<li>\n<p>RPM International Inc.<\/p>\n<\/li>\n<li>\n<p>3M<\/p>\n<\/li>\n<li>\n<p>Hempel A\/S<\/p>\n<\/li>\n<li>\n<p>The Sherwin-Williams Company<\/p>\n<\/li>\n<li>\n<p>Rudolf Hensel GmbH<\/p>\n<\/li>\n<li>\n<p>Hilti<\/p>\n<\/li>\n<li>\n<p>Etex Group<\/p>\n<\/li>\n<li>\n<p>Daussan Group<\/p>\n<\/li>\n<li>\n<p>Mercor Tecresa<\/p>\n<\/li>\n<li>\n<p>Rolf Kuhn GmbH<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<div class=\"full req_free_anal_full\" style=\"text-align: justify;\">\n<p><strong>Browse Related Reports @<\/strong><\/p>\n<p><strong>Riveting Tools Market &#8211; <\/strong><a href=\"https:\/\/www.grandviewresearch.com\/industry-analysis\/riveting-tools-market\/?utm_source=abnewswire&amp;utm_medium=referral&amp;utm_campaign=vakhas-s_cmfe_24-Dec-20&amp;utm_term=europe-passive-fire-protection-market&amp;utm_content=rl\">https:\/\/www.grandviewresearch.com\/industry-analysis\/riveting-tools-market<\/a><\/p>\n<p>Explore the BI enabled intuitive market research database, Navigate with <a href=\"https:\/\/www.grandviewresearch.com\/compass\/?utm_source=abnewswire&amp;utm_medium=referral&amp;utm_campaign=vakhas-s_cmfe_24-Dec-20&amp;utm_term=europe-passive-fire-protection-market&amp;utm_content=compass\" target=\"_blank\"><strong>Grand View Compass<\/strong><\/a>, by Grand View Research, Inc.<\/p>\n<p><strong>About Grand View Research<\/strong><\/p>\n<p>Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.<\/p>\n<\/div>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/grandviewresearch.com_9886.html\" rel=\"nofollow\">Grand View Research, Inc.<\/a><br \/><strong>Contact Person:<\/strong> Sherry James, Corporate Sales Specialist &#8211; U.S.A.<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=europe-passive-fire-protection-market-is-expected-to-accomplish-a-valuation-of-around-usd-13-billion-by-2027-grand-view-research-inc\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Phone:<\/strong> 1-415-349-0058, Toll Free: 1-888-202-9519<br \/><strong>Address:<\/strong>201, Spear Street, 1100  <br \/><strong>City:<\/strong> San Francisco<br \/><strong>State:<\/strong> California<br \/><strong>Country:<\/strong> United States<br \/><strong>Website:<\/strong> <a href=\"https:\/\/www.grandviewresearch.com\/industry-analysis\/europe-passive-fire-protection-market\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.grandviewresearch.com\/industry-analysis\/europe-passive-fire-protection-market<\/a><\/p>\n<p><object type=\"text\/html\" data=\"https:\/\/www.grandviewresearch.com\/industry-analysis\/europe-passive-fire-protection-market\" style=\"width:900px; height:400px;\"><\/object><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=europe-passive-fire-protection-market-is-expected-to-accomplish-a-valuation-of-around-usd-13-billion-by-2027-grand-view-research-inc\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grand View Research, Inc. &#8211; Market Research And Consulting. According to report published by Grand View Research, Growing demand for fire-safe buildings has led to increased investments in terms of installation of passive fire protection systems in the construction sector, &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/europe-passive-fire-protection-market-is-expected-to-accomplish-a-valuation-of-around-usd-13-billion-by-2027-grand-view-research-inc_524427.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401,410,403,404,416],"tags":[],"class_list":["post-524427","post","type-post","status-publish","format-standard","hentry","category-Business","category-Manufacturing-Industry","category-UK","category-US","category-World"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/524427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=524427"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/524427\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=524427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=524427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=524427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}