Lucintel's latest market report analyzed that fire resistant provides attractive opportunities in residential, commercial, and industrial applications. The fire resistant market is expected to reach $5.2 billion by 2028 with a CAGR of 7.2%. In this market, sealants is the largest segment by product type, whereas commercial is largest by application.

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Based on product type, the fire resistant market is segmented into sealants, mortar, spray, sheets/boards, putty, and others. The sealants segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its expanding use as a fire protection measure in wall joints and steel constructions.

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The Fire Resistant Market is marked by the presence of several big and small players. Some of the prominent players offering fire resistant include AkzoNobel, 3M, Sika AG, BASF SE, and Hilti.

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

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