Fire Resistant Paint Marketembed
Global fire resistant paints market size is projected to expand significantly and is expected to register a CAGR of 6.67% over the forecast period (2019-2027).
Fire Resistant Paint Market Size, Share and Trend Till 2027 Every year, a significant amount of people die due to fire breakouts. According to National Fire Protection Association (NFPA), in 2014, every day seven people die due to home fires in the U.S. Such home fires have turned the focus on paints that do not contain any fire retardants. In fact, they are inflammable. That is why fire retardant paints have been in demand in the recent past, due to their ability to slow down fires. Although modern buildings are equipped with fire alerts and sprinklers, to suppress the unexpected fire, paints with fire retardants are crucial. Moreover, fire-resistant paints are used in high-end industries where expensive machinery is present. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/2951 Market Regional Analysis North America is projected to account for the largest market share in the global fire resistant paints market during the forecast period. This is owing to high presence of buildings with plywood and wood as a major building material, which is highly susceptible to fire. This is expected to increase the demand for fire-resistant paints and thereby drive growth of the market. Europe is also expected to witness significant growth in the market, owing to increasing demand for fire-resistant paints in the region. Furthermore, Asia Pacific is expected to have high market opportunities, owing to growing building and construction activities in the region. Market Players Key manufacturers operating in the global fire resistant paints market include Satya Firotech India Pvt. Ltd., Flame Control Coatings, LLC, Contego Industries, Inc., and Retardants, Inc. For More Information: http://bit.ly/2njRfGF About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: [email protected]