Canada Passive Fire Protection Market Size & Outlook
Global Market
Related Markets
Canada passive fire protection market highlights
- The Canada passive fire protection market generated a revenue of USD 98.2 million in 2024 and is expected to reach USD 163.6 million by 2033.
- The Canada market is expected to grow at a CAGR of 5.9% from 2025 to 2033.
- In terms of segment, cementitious materials was the largest revenue generating by product in 2024.
- Intumescent Coatings is the most lucrative by product segment registering the fastest growth during the forecast period.
Passive fire protection market data book summary
| Market revenue in 2024 | USD 98.2 million |
| Market revenue in 2033 | USD 163.6 million |
| Growth rate | 5.9% (CAGR from 2025 to 2033) |
| Largest segment | Cementitious materials |
| Fastest growing segment | Intumescent Coatings |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cementitious Materials, Intumescent Coatings, Fireproofing Cladding |
| Key market players worldwide | RPM International Inc, Hilti Group, Morgan Advanced Materials PLC, Contango Ore Inc, Intertek Group PLC, 3M Co, PPG Industries Inc, Sherwin-Williams Co |
Other key industry trends
- In terms of revenue, Canada accounted for 2.2% of the global passive fire protection market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. passive fire protection market is projected to lead the regional market in terms of revenue in 2033.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 125.1 million by 2033.
According to the United Nations Department of Economic and Social Affairs (UNDESA), Canada’s population is expected to reach 37.6 million by 2020 and 40.3 million by 2030. The population growth in Canada is expected to significantly boost residential construction sector over the forecast period. Unlike the U.S., Canada is expected to witness a strong surge in demand for multi-family housing compared to single-family housing.
The government’s efforts and investments to provide affordable housing to the lower classes through the Affordable Housing Initiative (AHI) and the Canada Mortgage and Housing Corporation (CMHC) program are anticipated to further boost residential construction in the country. In residential & commercial buildings, the passive fire protection system is used to slow down the spread of fire, thereby improves the safety rating of the building.
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Publish Date: Aug 01, 2025
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Passive Fire Protection Market Scope
Passive Fire Protection Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| 3M Co | View profile | 85,000 | 3M Center, St. Paul, MN, United States, 55144 | www.3m.com |
| Hilti Group | View profile | 10001+ | Schaan, Schaan, Liechtenstein, Europe | www.hilti.group/content/hilti/CP/XX/en.html |
| Intertek Group PLC | View profile | 44,000 | 33 Cavendish Square, London, United Kingdom, W1G 0PS | www.intertek.com |
| PPG Industries Inc | View profile | 53,000 | One PPG Place, Pittsburgh, PA, United States, 15272 | www.ppg.com |
| Sherwin-Williams Co | View profile | 64,088 | 101 West Prospect Avenue, Cleveland, OH, United States, 44115-1075 | www.sherwin-williams.com |
| RPM International Inc | View profile | 17,274 | 2628 Pearl Road, P.O. Box 777, Medina, OH, United States, 44256 | www.rpminc.com |
| Morgan Advanced Materials PLC | View profile | 8,783 | Sheet Street, York House, Windsor, United Kingdom, SL4 1DD | www.morganadvancedmaterials.com |
| Contango Ore Inc | View profile | 11 | 3700 Buffalo Speedway, Suite 925, Houston, TX, United States, 77098 | www.contangoore.com |
Canada Passive Fire Protection Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Passive Fire Protection Market Outlook will help companies and investors design strategic landscapes.
Cementitious Materials was the largest segment with a revenue share of 42.97% in 2024.
Horizon Databook has segmented the Canada passive fire protection market based on cementitious materials, intumescent coatings, fireproofing cladding covering the revenue growth of each sub-segment from 2021 to 2033.
According to the United Nations Department of Economic and Social Affairs (UNDESA), Canada’s population is expected to reach 37.6 million by 2020 and 40.3 million by 2030. The population growth in Canada is expected to significantly boost residential construction sector over the forecast period. Unlike the U.S., Canada is expected to witness a strong surge in demand for multi-family housing compared to single-family housing.
The government’s efforts and investments to provide affordable housing to the lower classes through the Affordable Housing Initiative (AHI) and the Canada Mortgage and Housing Corporation (CMHC) program are anticipated to further boost residential construction in the country. In residential & commercial buildings, the passive fire protection system is used to slow down the spread of fire, thereby improves the safety rating of the building.
- Canada Passive Fire Protection Market By Product Outlook (Revenue, USD Million , 2021-2033)
- Cementitious Materials
- Intumescent Coatings
- Fireproofing Cladding
- Others
- Canada Passive Fire Protection Market By Application Outlook (Revenue, USD Million , 2021-2033)
- Oil & Gas
- Construction
- Industrial Plants
- Warehousing
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Passive Fire Protection Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Passive Fire Protection Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Canada Passive Fire Protection Market, 2021-2033 (US$M)
Canada passive fire protection market statistics, by by product, 2021-2033 (US$M)
