Saudi Arabia Passive Fire Protection Materials Market to Grow at 4.4% Cagr by 2023, Driven by Foams and Boards

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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By application, the passive fire protection...