Transparency Market
Research
Passive Fire Protection Materials Market - Saudi Arabia
Industry Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2023
Published Date
24-Aug-2015
66 Page Report
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Press Release
Saudi Arabia Passive Fire Protection Materials Market to Rise
at 4.4% CAGR as Construction Activity Increases in the
Region : TMR
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Passive Fire Protection Materials
Market
REPORT DESCRIPTION
Passive Fire Protection Materials Market - Saudi Arabia Industry Analysis, Size, Share, Growth, Trends
and Forecast 2015 - 2023
The passive fire protection materials market in Saudi Arabia is forecast to grow at a 4.4% CAGR for the period
from 2015 to 2023. Increasing demand for foams and boards has promoted the Saudi Arabia passive fire
protection materials market . The market is expected to grow from US$89.7 million in 2014 to US$131 million
by 2023.
Foams and Boards Accounting for 90% of Demand from Passive Fire Protection Materials Market
The report segments the passive fire protection materials market in Saudi Arabia on the basis of product and
application. By product type, the passive fire protection materials market in Saudi Arabia is divided into foams
and boards, sealants, intumescent coatings, putties, fire blocks, mortar, and cementitous sprays. The passive
fire protection materials market in Saudi Arabia was dominated by foams and boards in 2014, which held a
90% market share. Foams and boards, primarily used for interiors of buildings, will continue to dominate the
market during the forecast period. Foams and boards are relatively economical and add aesthetic value to the
interiors of buildings.
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