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Fire Protection Material Market for Construction Regional Analysis and Growth by Forecast to 2027

The global Fire Protection Material Market for Construction is forecast to reach USD 8.62 Billion by 2027, according to a new report by Reports and Data.

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Fire Protection Material Market for Construction Regional Analysis and Growth by Forecast to 2027

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  1. Fire Protection Material Market for Construction To Reach USD 8.62 Billion By 2027 www.reportsanddata.com

  2. Market Summary Market Size – USD 4.89 Billion in 2019, Market Growth - CAGR of 7.3%, Market Trends – High demand from developing nations. The global Fire Protection Material Market for Construction is forecast to reach USD 8.62 Billion by 2027, according to a new report by Reports and Data. The market is seeing an expanded interest from the construction sector for the use of fire protection materials, as they delay the spread of flames, toxic fumes, and smoke, and give ample amount of time to carry-on with the evacuation methods. • Further key findings from the report suggest • Based on type, Sealants accounted for the largest share of around 28.0% of the overall business in 2019. They can be used where joints in walls have a high potential for movement, which is one of the main benefits. • Based on end-use, Passive Fire Protection Materials generated revenue of USD 2.86 billion in 2019. It helps to minimize the amount of damage done to a building giving its inhabitants more time to evacuate by providing dampers for fire doors and firewalls/floors, which prevents fire/smoke from spreading through the ductwork in the house. • Commercial construction accounts for the largest application category in the market and held around 52.0% of the overall business in 2019 due to increased fire safety regulations and stringent building codes enforced in the construction of offices, shopping centers, malls, hospitals, colleges, schools, universities, and hotels. • The Asia Pacific dominated the market in 2019. The consistent focus of the region on cost-effective and innovative procedures adopted in the area is driving the market. The Asia Pacific region holds approximately 35.0% of the market, followed by Europe, which contains around 27.0% market in the year 2019. www.reportsanddata.com

  3. Market Summary Key Players: 3M, BASF Coating GmbH, Nippon Paint Co. Ltd., Hempel A/S, Pilkington Group Ltd., PPG Industries Inc., Morgan Advanced Materials, Hilti, Akzo Nobel N.V, and Rectorseal, among others. Segmentation: • Type Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027) • Sealants • Mortar • Spray • Sheets/Boards • Putty • Others • Application Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027) • Residential • Commercial • Industrial www.reportsanddata.com Free Sample Report @ https://www.reportsanddata.com/sample-enquiry-form/3179

  4. Market Summary • End-Use Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027) • Active fire protection materials • Passive fire protection materials • Regional Outlook (Revenue, USD Billion; 2017-2027) • North America • U.S • Europe • U.K • France • Asia Pacific • China • India • Japan • MEA • Latin America • Brazil Any Query or Discount? Ask our Expert @ https://www.reportsanddata.com/discount-enquiry-form/3179 www.reportsanddata.com

  5. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact US John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com www.reportsanddata.com

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