NuernbergMesse India is pleased to announce the launch of FIRE SAFE BUILD INDIA (FSBI) which will be held from 9-11 February, 2023 at Jio World Centre, Mumbai.
FSBI will be the first ever focused exhibition and multi-dimensional platform showcasing products, solutions and technology for the passive fire protection Industry. Leading Stakeholders from the Industry will gather to disseminate information, gain knowledge, exchange ideas, exhibit, discover innovative perspectives, solutions and products. The demand for fire protection systems is expected to increase with its increased application across various sectors including oil & gas, construction, energy & power, transportation & logistics amongst others. Technological advancements, rapid urbanization, & economic advancements are some of the other factors which are expected to contribute significantly to the growth of the fire protection system sector. The global passive fire protection market size is expected to gain momentum by reaching USD 5.4 billion by 2028 from USD 4.0 billion in 2021 while exhibiting a CAGR of 4.5% between 2021 to 2028.
The usage of Passive Fire Protection Products in buildings/structures is highlighted in the National Building Code of India (NBC) (2016). This protection is built into the structure of a building to protect people’s lives and reduce the financial impact of damaged infrastructure. This protection is provided by the materials used to build the building, or it can be added later to improve the building’s fire resistance as the construction industry expands in many parts of the world due to increased demand from the residential and commercial sectors. Furthermore, the rapid growth of sectors such as oil and gas, automotive, marine, tunnelling & transportation and aviation is also driving expansion