Chemicals and Materials Fire Protection Materials Market

Factors that Impact on the Fire Protection Materials
Market in Upcoming Years!
According to a new market research report " 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 ", 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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The commercial construction application segment led the fire protection materials market
in 2016. The commercial construction application segment is expected to grow at the
highest CAGR between 2017 and 2022 due to the growing fire safety regulations in offices,
hospitals, schools, universities, and hotels. The growing industrial & residential
construction activities in the U.S., the Middle East, and Asia-Pacific countries, such as China,
Japan, and India are also driving this segment.
Currently, various market players, such as 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.) are leading the global fire
protection materials market.
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