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Fire Protection Materials Market for Construction by Type, Application - Global Forecast to 2022

Fire Protection Materials Market: Global Forecast until 2022

  • August 2017
  • 133 pages
  • ID: 5098909
In this report:
The fire protection materials market size for in the commercial application segment in Asia-Pacific is expected to reach USD ##.## million by 2022, registering a CAGR of ##.##% between 2017 and 2022.
The industry witnessed a growth rate of about ##% in 2016 and is expected to witness a growth rate of ##.##% in 2017.

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"Fire protection materials market is estimated to grow ~$6.8B by 2022"

The overall fire protection materials market is expected to be ~$4.5B in 2017 and is projected to extend ~$6.8B by 2022, at a compound annual growth rate of ~8.4 percent between 2017 and 2022. The rising demand from main applications, including commercial construction and industrial construction is predicted to push the demand for fire protection materials. The growing fire safety regulations & codes is significantly driving the industry demand for fire protection materials. Environmental and health concerns due to some fire protection materials is a main restraint for the increase ot the fire protection materials market.

"Commercial construction application segment is anticipated to witness the highest rise during projection period"

The commercial construction application segment is anticipated to witness the highest increase between 2017 and 2022. The sector demand for fire protection materials is rising in several commercial construction projects, including schools, universities, offices, hospitals, hotels, restaurants, and others. The market demand for fire protection materials in residential construction is also growing tremendously, especially in North America and the Middle East area & Africa due to rising stringency of regulations and codes, improving lifestyle, and increasing disposable income.

"APAC is intended to be the quickest increasing market for fire protection materials during the outlook period"

Asia-Pac is forecasted to be the quickest developing market for fire protection materials during the estimate period. The increasing demand for fire protection materials in commercial & industrial construction applications is driving the industry demand for fire protection materials in the territory. The Middle East (ME) & African continent is forecasted to be the second-fastest increasing market for fire protection materials during the outlook period.

Break-up of profiles of primary members taking part for the market research:

• By Company category: Tier 1 - 39.0 percent, Tier 2 - 45.0 percent, and Tier 3 - 16.0 percent

• By Description: C-suite - 43.0 percent, D-level - 37.0 percent, and Others - 20.0 percent

• By Area: North America continent - 35.0 percent, Europe (EU) - 28.0 percent, Asia Pacific (APAC) - 20.0 percent, Middle East (ME) & African continent - 12.0 percent, and South America region - 5.0 percent

The industry report includes company profiles of main actors and recent activities in the sector, including new product launches, business developments, and acquisitions. Some of the main firms decribed in this business report are Hilti Group, 3M Co (NYSE:MMM), Akzo Nobel (AMS:AKZA), Morgan Advanced Materials, Specified Technologies Inc., Etex, Tremco Incorporated, BASF SE, Isolatek International, USG Corporation, Hempel Group, PPG Industries (NYSE:PPG), W.R. Grace & Co., Rolf Kuhn GmbH, and Rectorseal.

Segment Research

The business research study includes a in-depth segmentation of the overall fire protection materials market established on application, category, and area. Moreover, this industry report includes the Porter's Five Forces analysis for an detailed review of the market.

Why acquiring this study can help you:

From an insight prospect, this market research has emphasized several levels of analysis - industry, market share research of top players, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape, coming out and high-growth segments of the fire protection material market, high increase regions, and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on fire protection materials provided by the top actors in the overall fire protection materials market

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the fire protection materials market

• Market Development: Highlighted information about profitable emerging sectors - the market research examines the industries for fire protection materials across localities

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall fire protection materials market

• opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of key players in the overall fire protection materials market

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