FIRE RESISTANT PAINT MARKET ANALYSIS

Regional Analysis

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.