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Monday 24 July 2017

Global surface and fire protection coatings market driven by rising awareness




The growth of the global surface and fire protection coatings market looks promising as more and more consumers are preferring these coatings as opposed to conventional paints. Although the market for surface and fire protection coatings is niche, there lies tremendous opportunity in this market owing to the effectiveness of these coatings and the wide range of surfaces on which they can be applied to, according to a report by Transparency Market Research.
The market has a huge scope as various industries are prone to fire related accidents and this will create a need for surface and fire protection coatings. Fire protection coatings can be applied not just to walls but also wooden surfaces and surfaces made of other materials. As the number of lives lost every year due to fire is increasing, the demand for surface and fire protection coatings is also expected to increase.
The report contains the value chain analysis, the market drivers, and challenges faced by this niche industry. The study is a comprehensive analysis of current trends, shaping the future of the global surface and fire protection coatings market. It also enlists the opportunities waiting to be explored in the industry. The key segments of the global surface and fire protection coatings market have been studied in detail and information regarding the leading and declining segments have been given.

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