Download presentation
Presentation is loading. Please wait.
Published byPradip Varpe Modified over 6 years ago
1
© 2017 Global Market Insights, Inc. USA. All Rights Reserved Passive Fire Protection Materials Market Update, Analysis, Forecast, 2017 – 2024: Global Market Insights, Inc. www.gminsights.com
2
Passive Fire Protection Materials Market to Cross USD 27 billion by 2024; according to a new research report by Global Market Insights, Inc. Passive Fire Protection Materials Market Strong demand for hydrocarbon based intumescent coatings from oil & gas industry will propel passive fire protection materials market size during the forecast timespan. These materials are extensively preferred across various end-user industries including construction, oil & gas, warehousing, manufacturing, etc. owing to its exceptional properties to tackle situations in case of fire emergency. For instance, intumescent coatings are highly preferred in oil & gas sector due to high risk environment which is mainly due to presence of highly flammable compounds which will help in making significant gains to passive fire protection materials market size by 2024. Rapidly rising exploration activities in North America which is due to abundance of shale oil/gas reserves is probable to be a major factor which will help augment passive fire protection materials market size by 2024. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Global Market Scenario of Construction Industry www.gminsights.com
3
Unstable prices for raw materials which are widely used in making passive fire proofing materials is probable to hinder the passive fire protection materials market size by 2024. Furthermore, persistent need to enhance safety standards across various industries such as manufacturing, oil & gas, warehousing, automotive, aerospace, etc. will drive the overall passive fire protection materials market size by 2024. Continue :- © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Make An Inquiry To Purchase This Report @ https://www.gminsights.com/inquiry-before-buying/2305 https://www.gminsights.com/inquiry-before-buying/2305
4
© 2017 Global Market Insights, Inc. USA. All Rights Reserved Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/2305 https://www.gminsights.com/request-sample/detail/2305 www.gminsights.com
5
Passive fire protective sealants market size is anticipated to rise at a CAGR of over 8% by 2024. These materials are widely applicable for firestop in walls, floors, curtain wall joints, and in linear joints between walls and floors. They expand within the joints to provide fire & vapor sealed environment and are highly preferred in maintaining safety standards across various industries such as oil & gas, warehousing, manufacturing, construction, etc. and henceforth is probable to make substantial impact on passive fire protection materials market size by 2024. Based on the end-users, building & construction segment for passive fire protection materials market is projected to grow with CAGR of about 8.5% by 2024. This is attributed to strong persistence by regional regulatory bodies primarily in emerging economies to enhance safety standards in residential & commercial buildings. 360° Industry Analysis © 2017 Global Market Insights, Inc. USA. All Rights Reserved Request for customization@ https://www.gminsights.com/roc/2305https://www.gminsights.com/roc/2305 Browse Report Summery@ http://bit.ly/2D91PDchttp://bit.ly/2D91PDc www.gminsights.com
6
North America passive fire protection materials market size is likely to grow at a CAGR with 8% by 2024. This is primarily due to rising product end-users across various end- user industries including construction, transportation, oil & gas, manufacturing, warehousing, etc. which will propel the business size by 2024. Intumescent coatings are widely used in oil & gas industry mainly in the U.S. during exploration activities to reduce damage in the high-risk environment. Additionally, increasing R&D investment for the development of advanced coatings used in fireproofing is mainly attributed to stringent legislations formulated by regional regulatory bodies which propels the passive fire protection materials market size in the region. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Make An Inquiry To Purchase This Report @ https://www.gminsights.com/inquiry-before-buying/2305 https://www.gminsights.com/inquiry-before-buying/2305 Regional Analysis: Competitive Analysis: Major passive fire protection materials market share contributors are Sharpfibre, Kansai Paint, Lloyd Insulations, 3M, Rudolf Hensel, Nullifire, Teknos, Akzo Nobel, Promat International, PPG Industries, Sherwin-Williams and Hempel. Most of the companies are making significant investment in their R&D facilities to develop advanced materials and attain competitive advantage in the market.
7
Latest Research Report On Passive Fire Protection Materials market@ https://www.gminsights.com/industry-analysis/passive-fire-protection-materials-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/2305 https://www.gminsights.com/request-sample/detail/2305 Request for customization: https://www.gminsights.com/roc/2305 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
8
Stay In Touch You can visit us at: www.gminsights.comwww.gminsights.com Thank You…! © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com www.gminsights.com
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.