Global Fire Protection Materials Market is Expected to Generate Huge Profits by 2022


Posted December 5, 2018 by armaan007

Fire Protection Materials Market expected to reach USD 6.78 Billion by 2022, at a CAGR of 8.41%, over 2017–2022

 
" Fire Protection Materials Market for Construction by Type (Sealants & Fillers, Mortar, Sheets/Boards, Spray, Preformed Device, Putty, Cast-in Devices), Application (Commercial Construction, Industrial Construction, and Residential Construction) - Global Forecast to 2022 ", is the report published by MarketsandMarkets™, the market is estimated to be USD 4.52 Billion in 2017 and is projected to reach USD 6.78 Billion by 2022, at a CAGR of 8.41% between 2017 and 2022.

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Browse 60 Market Data Tables and 51 Figures spread through 133 Pages and in-depth TOC on "Fire Protection Materials Market"


The fire protection materials market is segmented on the basis of type into sealants & fillers, mortar, sheets/boards, spray, preformed device, putty, cast-in devices, and others. The fire protection sealants & fillers type segment accounted for the largest share of the overall fire protection materials market in 2016. The putty segment is expected to grow at the highest CAGR during the forecast period. The demand for fire protection putty is increasing due to its increasing usage in commercial construction application in both developed and developing countries.

The fire protection materials market is segmented on the basis of application into commercial construction, industrial construction, and residential construction. Commercial construction is the leading application segment of the fire protection materials market due to the growing demand for fire protection materials in all types of commercial buildings, such as schools, universities, offices, restaurants, hotels, and others.

The fire protection materials market has been studied for into five regions, namely, North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is the largest fire protection materials market, followed by Europe, in terms of value. The rising demand of fire protection materials in commercial and residential constructions in this region is driving the fire protection materials market.

The major manufacturers of fire protection materials are Hilti Group (U.S.), 3M (U.S.), Akzo Nobel N.V. (Netherlands), Morgan Advanced Materials (U.K.), Specified Technologies Inc. (U.S.), Etex (Belgium), Tremco Incorporated (U.S.), BASF SE (Germany), Isolatek International (U.S.), USG Corporation (U.S.), Hempel Group (Denmark), PPG Industries Inc. (U.S.), W.R. Grace & Co. (U.S.), Rolf Kuhn GmbH (Germany), and Rectorseal (U.S.). 

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Issued By Markets and Markets
Country India
Categories Construction , Engineering , Marketing
Tags fire protection materials , fire protection materials industry , fire protection materials manufacturers , fire protection materials market
Last Updated December 5, 2018