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Fire Protection System Pipes Market by Type, Material, Application, End-use Industry and Regional Competitive Landscape

08-02-2023 12:09 PM CET | Leisure, Entertainment, Miscellaneous

Press release from: ReportsnReports

Fire Protection System Pipes Market

Fire Protection System Pipes Market

"The fire protection system pipes market is projected to register a CAGR of 6.7% between 2022 and 2027, in terms of volume."

The fire protection system pipes market size is projected to reach USD 28.5 billion by 2027 at a CAGR of 6.7% from USD 20.6 billion in 2022. The steel pipes, by material segment is estimated to account for the largest share of the fire protection system pipes market in 2022.

"Welded pipes, by type accounted for the largest segment of fire protection system pipes market."

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The welded segment accounted for the larger share of the market in 2021. The higher demand for welded pipes is mainly attributed to their lower price when compared to seamless pipes. Asia Pacific is the fastest-growing region for welded pipes in the fire protection system pipes market. The growth of this market is attributed to the rising demand from the domestic market and rapid growth in end-use industries, such as oil & gas, marine, and construction.

"Steel pipes, by material accounted for the largest segment of fire protection system pipes market."

The steel pipes segment accounted a largest share in the fire protection system pipes market and thus dominated the market. Steel pipes have high demand from the chemical, oil & gas, petrochemical, automotive, and mechanical & engineering industries, owing to which these tubes account for a higher market share. The increasing demand from the commercial vertical is expected to drive the segment. Asia Pacific is the fastest-growing market for steel pipes. The growth is attributed to the high demand for steel in the region and relatively lower prices than in other regions. The rapidly increasing demand from maintenance applications, especially in China and South Korea, further increases the demand for steel pipes.

"Fire sprinkler system, by application accounted for the largest segment of fire protection system pipes market."

Based on application, the fire sprinkler system segment is expected to account for the larger share of the market during the forecast period. The fire sprinkler system segment market size was USD XX million in 2021 and is projected to reach USD XX million by 2027, at a CAGR of XX%, in terms of value, between 2022 and 2027.Rise in commercial buildings, smart buildings, and industries is boosting the demand of fire sprinkler system and hence driving the fire protection system pipes market. The wet fire sprinklers segment is expected to account for the largest share of the fire sprinklers market during the forecast period. This large share can be attributed to the growth of the industrial sector, where the probability of a fire disaster is more due to the presence of flammable materials, such as oil and gas.

Fire protection system pipes may not always be visible, but they are undeniably crucial components of any building's safety infrastructure. These unassuming pipes form the circulatory system of fire suppression systems, working diligently behind the scenes to protect lives and property in the event of a blaze.

These pipes are the conduits through which water or other fire suppressants flow, effectively extinguishing flames and preventing the spread of fire. They are strategically installed throughout a structure, ensuring that every corner is within reach of the life-saving resource.

The material used in fire protection system pipes is carefully chosen to withstand high pressure and corrosion. Common materials include steel, copper, and plastic, each selected based on factors such as the building's design, function, and potential environmental conditions.

Regular maintenance and inspection of these pipes are imperative to ensure their functionality when needed most. Blockages, leaks, or corrosion can compromise the system's effectiveness, highlighting the importance of routine checks by trained professionals.

Beyond their role in fire suppression, these pipes also enable the integration of advanced technologies such as fire detection systems and alarm triggers, further enhancing a building's overall fire safety measures.

In essence, fire protection system pipes are the unsung heroes that stand ready to combat one of the most destructive forces known to humanity. Their reliability and efficiency underscore the importance of comprehensive fire safety planning, emphasizing prevention, preparedness, and the essential role of these concealed safeguards.

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