Fire Protection Materials For Construction Market Growth, Size, Share And Overview Report 2024-2033

"The new report published by The Business Research Company, titled ""Fire Protection Materials For Construction Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the fire protection materials for construction market size has grown strongly in recent years. It will grow from $4.69 billion in 2023 to $5.09 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The fire protection materials for construction market size is expected to see strong growth in the next few years. It will grow to $7.02 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%.

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Increasing Regulations Spur Demand For Fire Protection Materials In The Construction Industry
The growing regulations on the mandatory use of fire safety materials are likely to have a positive impact on the growth of fire protection materials for the construction market. Fire safety standards generally aim to reduce the fire-response of products and materials used in various living environments, such as domestic dwellings, household equipment, furnishings and electronics, buildings, and various modes of transportation. Globally, fire safety standards aim to prevent fires from starting by establishing performance-based norms that, if followed, will improve the fire safety of materials and products. For instance, in April 2021, the Home Office introduced the Fire Safety Bill as part of its commitment to enhancing fire safety in buildings across England and Wales. After successfully navigating the parliamentary process, this bill has now been enacted as the Fire Safety Act 2021. The Fire Safety Bill was enacted into law on April 29, 2021, officially becoming the Fire Safety Act 2021. Therefore, the growing regulations is expected to propel the growth of fire protection materials for construction market going forward.

Key Manufacturers Revolutionize Fire Materials For Construction With Enhanced Fire Protection And Extended Fire Resistance Times
Key manufacturers in the fire materials for construction market are constantly focusing on cutting-edge research and technological advancements to create improved fire protection materials that can withstand fire for a longer period and emit less smoke when burned. For instance, in June 2022 Hempel A/S, a Denmark-based manufacturer of coating solutions announced the launch of a new protection material called Hempafire XTR 100 for the hydrocarbon PFP (passive fire protection) segment. This lightweight coating is engineered for the passive fire protection of downstream assets in the oil and gas industry, offering a low dry film thickness.

The fire protection materials for construction market covered in this report is segmented -

1) By Type: Coatings, Mortar, Sealants And Fillers, Sheets Or Boards, Spray, Preformed Device, Putty, Cast-In Devices, Other Types
2) By Application: Structural, Compartmentation, Opening Protection, Firestopping Materials
3) By End User: Commercial, Industrial, Residential, Other End Users

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Major companies operating in the fire protection materials for construction market include Hilti Corporation, 3M Company, Akzo Nobel N.V., Morgan Advanced Materials plc, Isolatek International Co., Sherwin-Williams Company, Rolf Kuhn GmbH, Specified Technologies Inc., Tremco Incorporated, BASF SE, USG Corporation, Hempel A/S, PPG Industries Inc., Fire Protection Coatings Limited, ETEX SA, Contego International Inc., DowDuPont Inc., Saint-Gobain S.A., The Lubrizol Corporation, W.R. Grace & Co., GCP Applied Technologies Inc., Carboline Company, Nullifire Ltd., Promat International NV, Rudolf Hensel GmbH, Sika AG, Firestone Building Products, GAF Materials Corporation, Johns Manville Corp., Owens Corning Fiberglass Company, CertainTeed Corporation, DuPont de Nemours Inc., Firestone Industrial Products Company LLC, GCP Applied Technologies Inc., Henry Company, National Gypsum Company, Owens Corning India Pvt. Ltd., Rockwool International A/S, Saint-Gobain Weber India Pvt. Ltd., Sto SE & Co. KGaA

Contents of the report:
1. Executive Summary
2. Fire Protection Materials For Construction Market Report Structure
3. Fire Protection Materials For Construction Market Trends And Strategies
4. Fire Protection Materials For Construction Market - Macro Economic Scenario
5. Fire Protection Materials For Construction Market Size And Growth
…..
27. Fire Protection Materials For Construction Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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