Europe Passive Fire Protection Market Size Is Expected To Reach USD 1.4 Billion By 2028
San Francisco, 21 Dec 2021: The Report Europe Passive Fire Protection Market Size, Share & Trends Analysis Report By Product (Cementitious Materials, Intumescent Coatings), By End-use (Oil & Gas, Construction), By Country, And Segment Forecasts, 2021 - 2028 The Europe passive fire protection market size is expected to reach USD 1.4 billion by 2028, registering a CAGR of 3.7% over the forecast period, according to a new report by Grand View Research, Inc. Favorable fire safety regulations coupled with rising demand for fire protection in steel, oil and gas, and construction industries are likely to drive the market. The construction of buildings is changing as new building designs usually feature open spaces with few barriers. In addition, buildings are becoming increasingly airtight and insulated with more combustibles within the building structure. These changes cause a fire in buildings that spread faster and become more hazardous, ther...