The North American fire-resistant market is anticipated to grow at a CAGR of 5.6% during the forecast period (2019-2025). The growth of the market is attributed to the high awareness regarding fire safety codes coupled with the proper implementation of state and national policies and building codes that aids in improving fire safety.
Browse the full report description North American Fire-Resistant Cable Market Size, Share & Trends Analysis Report By Insulation Material (EPR (Ethylene propylene rubber), LSZH (Low Smoke Zero Halogen), XLPE (Cross-Linked Polyethylene), PVC (Poly Vinyl Chloride)), By End-use Industry (Automotive and Transportation, Energy, Manufacturing, Building and Construction, and Others), and Forecast 2019-2025 at https://www.omrglobal.com/industry-reports/north-american-fire-resistant-cable-market
Furthermore, the progressions in the testing protocols concerning fire resistant cables in the US has directed a vital intervention in the mandates for electrical cables and required fire performances for all building structures, fire doors, components and systems, walls, and penetrations will fuel the market’s growth.
In addition to this, the country has various regulations that take care of fire-related regulations. For instance, In the US, according to the Federal Law and further through the Public Buildings Amendments of 1988, 40 U.S.C. 3312 (formerly Section 21 of the Public Buildings Act of 1959, 40 U.S.C. 619), each building constructed or altered by the US General Services Administration (GSA) or any other federal agency should be in compliance with one of the nationally recognized model building codes and with other applicable nationally recognized codes. The aforementioned factors are also expected to significantly drive the expansion of the market across the region.
Market Coverage
o By Insulation Material
o By End-Use Industry
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
North America Fire Resistance Market Report Segment
By Insulation Material
By End-Use Industry
North America Fire Resistance Market Report- Countries Covered
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