GCC Fire Safety Market Expected to Double by 2020

GCC Fire Safety Market Expected to Double by 2020

The fire safety market in the GCC countries is expected to grow to more than $3 billion by 2020 from $1.4 bn in 2016, Al Bawaba reported on Monday, according to Abdulaziz bin Hamad al-Ageel, Secretary General of the Gulf Organisation for Industrial Consulting.

Speaking at the opening ceremony of the Gulf Safety Forum in Doha, Al-Ageel also stated that Saudi Arabia and the UAE were making up for 46% and 43% of the fire safety market respectively.

The growth is expected to largely be due to the need of safety measures to keep up with growing infrastructure and manufacturing sectors.

After a number of high profile fires in the GCC – and especially the UAE – in recent years, there have been claims of a lack of fire-rated cladding in place in older buildings, built before the implementation of new regulations in 2013.

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