The present invention is directed to generally to protection of structures from explosives, and specifically to a blast resistant pipe protection system and method for using same. The present invention is directed to a system and method for protecting a pipe. In some embodiments, the present invention is directed to a system for protecting a pipe, comprising an energy absorbing inner matrix bound to the pipe; an outer wrap comprising fire resistant foil; and a blast resistant material disposed between the inner matrix and the outer wrap, wherein the blast resistant material comprises Purlite. In some embodiments, the present invention is directed to a method for protecting a pipe comprises binding an energy absorbing inner matrix to the pipe; disposing Purlite around the inner matrix; and wrapping the Purlite with fire resistant foil.