The fire protection industry of the Middle East region suffered volatility in the recent past on account of fluctuating crude oil prices. As the crude oil prices touched all-time low during this period, the construction activities across the region suffered a setback. The ongoing construction of the majority of the projects was suspended temporarily. The economies suffered a substantial loss of earnings. Therefore, the sales of fire protection products registered a decline. With the resurgence of crude oil prices, the construction activities are restored across the major portion of the region and the demand for fire protection products is surging.
