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Fireproofing Materials Market Analysis With Key Players, Applications, Trends And Forecast To 2032
Fireproofing Materials Market
The Business Research Company's Fireproofing Materials Global Market Report 2023 identifies rising number of fire accidents as the major driver for the Fireproofing Materials market's growth in the forecast period. Fire accidents are accidents caused by a fire that is unexpected and sudden. Fire accidents can result in serious injuries and damage to properties. The increase in the fire accident rate is creating demand for fireproofing materials by various end-use industries.
The global fireproofing materials market size grew from $0.91 billion in 2022 to $1.07 billion in 2023 at a compound annual growth rate (CAGR) of 17.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The fireproofing materials market size is expected to grow to $1.83 billion in 2027 at a CAGR of 14.3%.
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Major competitors in the Fireproofing Materials market are 3M, Akzo Nobel N.V., Isolatek International, Sika Services AG, Etex Group, PPG Industries Inc., BASF SE, ROCKWOOL International A/S, RPM International Inc., Jotun Group, Intumescent Systems Ltd., PK Companies, and FlameOFF Coatings Inc
A key trend in the Fireproofing Materials market includes New product launches. New products launch helps to increase the safety of users from the fire. Major companies operating in the fireproofing materials sector are focused on developing advanced fireproofing materials to strengthen their position in the market
Read More On The Global Fireproofing Materials Market Report Here:
https://www.thebusinessresearchcompany.com/report/fireproofing-materials-global-market-report
The Fireproofing Materials market is segmented -
1) By Type: Intumescent Coatings, Thin Film, Thick Film
2) By Substrates: Metal, Wood
3) By Technology: Solvent-Borne, Water-Borne
4) By End-User: Energy And Power, Manufacturing, Oil And Gas, Petrochemical, Transportation And Logistics Industries, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Fireproofing Materials market.
The Business Research Company's "Global Fireproofing Materials Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Fireproofing Materials Market Include:
1. Executive Summary
2. Fireproofing Materials Market Characteristics
3. Fireproofing Materials Market Trends And Strategies
4. Fireproofing Materials Market - Macro Economic Scenario
5. Fireproofing Materials Market Size And Growth
.......
26. Africa Fireproofing Materials Market
27. Fireproofing Materials Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fireproofing Materials Market
29. Fireproofing Materials Market Future Outlook and Potential Analysis
30. Appendix
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