Global Fire Protection Systems in Oil and Gas Industry to Grow at a CAGR of 4% During the 2016 - 2020, Finds New Report
The research analyst predicts the global FPS market in the oil and gas industry to grow steadily at a CAGR of close to 4% during the forecast period. One of the primary drivers for the growth of this market is the stringent regulatory framework set up by the government. These regulatory frameworks and standards state that every direct oil and gas operators should allocate a certain share of their overall investments in fire safety. As per these standards, the establishment...
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