Enforcement of Stringent Building Construction Regulations
Municipal and national governments globally are pushing for enforcing more stringent fire safety regulations for building designs. In specific, the International Building Code (IBC) and National Fire Protection Association (NFPA) standards requires the inclusion of passive fire protection systems in various building segments. These standards indicate the usage of fire-resistant materials and designs that prevent or slow the spread of fire and smoke. Consequently, architects, construction companies and building owners are increasingly adopting passive fire protection solutions, such as fire doors, fire-resistant glass and other containment systems, to comply with these regulations. This regulatory push is driving growth of the market.
