The UK passive fire protection market is comprised of fire resistant doors, fittings and intumescent seals, cables, partitions and suspended ceilings, glass, structural protection and ductwork and damper systems. Fire resistant doors, fitting and seals are the largest sector of the market, accounting for around 60% of total market value.
The market is estimated to have grown by around 2% in 2017, in value terms, with similar growth expected in 2018. The forecasts indicate a subdued performance over the next 1-2 years, with lower levels of construction activity anticipated as investor confidence has fallen, in the lead up to Brexit. In addition, other key drivers, e.g. the regulatory aspects of the fire protection sector, are expected to remain unchanged in the short term.
The Hackitt Review into the Grenfell Tower disaster only covered high rise buildings and its final report made no recommendations for immediate change in the technical aspects of Building Regulations. That said, we anticipate that there will be implications for the wider industry, regulatory or otherwise, as manufacturers and specifiers alike seek to provide safer environments and as such, our forecasts assume that the passive fire market will perform better than the overall construction market over the 2-5 year period.
The overall market for passive fire protection products (within our definition) is dependent on the performance of key sectors of the economy such as offices, industrial, entertainment, health and education. Activity in these sectors has a significant impact on the growth of many of the passive fire protection products such as cable, glass, ceilings, partitions and doors. In addition, the infrastructure sector has a positive outlook and is a key area of demand for structural protection products.