A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global waterproofing chemicals
market. The study, titled “Passive
Fire Protection Materials Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2012 - 2018”,
is available for sale on the firm’s website.
The
growth of accidents and the loss of assets caused due to fire on a
global scale is one of the major factors driving the demand for
passive fire protection materials. The global market for passive fire
protection material is witnessing tremendous growth since the last
decade. Some of the basic types of passive fire protection material
used by the construction industry to prevent fire in buildings
include fire doors, fire resisting cables, fire linings, fire
resisting partitions, fire resisting glass, fire screens etc.
The
global market for passive
fire protection materials is expected to grow at a double
digit rate over the next six years. The market is primarily driven by
the increase in incidences of fire related accidents on a global
scale. The death toll caused due to fire accidents was estimated to
be over 12,000 in the U.S., over 6,800 in Europe and more than 50,000
in the Asia Pacific region per year till 2010.
Request
FREE Sample pages of premium Research Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1188
The
loss of assets caused due fire accidents was approximately USD 90
billion globally in 2010. So in order to decrease these figures, the
world is shifting its focus towards the use of passive fire
protection materials which help in minimizing the accidents caused
due to fire. However, the market is highly dependent on the health
of the economies in various regions.
The
global market for passive fire protection materials is considered to
be highly fragmented with a large number of participants operating in
the global market and enjoying almost equal amount of market share.
Asia Pacific holds immense opportunities for the players operating in
the market owing to a steady growth in the construction industry,
mainly in emerging economies of China and India. China and India are
two of the fastest growing economies of the world whose GDP growth
rates are increasing at a faster pace than the global GDP growth
rate. The rapid rate of construction in Eastern Europe is also
expected to drive the market over the next six years.
Some
of the major companies operating in the global market for passive
fire protection materials include ADT Fire & Security, Cooper
Industries, GE Security, and Honeywell Inc.
This
research report analyzes this market depending on its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
North
America
Asia
Pacific
Europe
Rest
of the World
Browse
the full Research report at :
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
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and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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