The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including Passive Fire Protection Materials Market.
It was estimated prior to this unanticipated outbreak Passive Fire Protection Materials Market will reach CAGR of 7.5% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.
Passive Fire Protection Materials Market Insights
Passive Fire Protection Materials Market is likely to witness an impressive CAGR of 7.5% during the forecast period. The prime factors contributing to the demand for passive fire protection materials are growing the automotive and aerospace industries, increasing safety standards, and growing construction activities due to rapid growth in popul
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