Press release
Fire Stopping Material Market Size Projected To Reach $2.76 Billion By 2034 With A Cagr Of 11.3%
Fire Stopping Material
What Is the Projected Growth of the Fire Stopping Material Market?
The Fire Stopping Material Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Fire Stopping Material Market?
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What Are the Different Fire Stopping Material Market Segments?
The fire stopping material market covered in this report is segmented -
1) By Type: Coatings, Mortar, Sealants And Fillers, Sheets And Boards, Spray, Preformed Device, Putty, Cast-In Devices, Other Types
2) By Application: Electrical, Mechanical, Plumbing, Other Applications
3) By End-User: Commercial, Industrial, Residential
Subsegments:
1) By Coatings: Intumescent Coatings, Fire-Resistive Coatings
2) By Mortar: Fire-Resistive Mortar, Pre-Mixed Mortar
3) By Sealants And Fillers: Silicone Sealants, Acrylic Sealants, Fire-Stop Fillers
4) By Sheets And Boards: Fire-Resistant Boards, Fire-Resistant Sheets
5) By Spray: Fire-Resistant Spray Foam, Intumescent Spray
6) By Preformed Device: Fire-Stop Collars, Fire-Stop Blocks
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What Are the Primary Drivers Shaping the Fire Stopping Material Market?
The fire-stopping materials market is predicted to be significantly driven by the increasing number of fire incidents. Such incidents can lead to substantial property damage, severe burn injuries, scarring, deformation, disability, ongoing care needs, and even fatalities. Fire-stopping materials serve as a crucial shield against these incidents by hindering fire spread throughout a building's multiple compartments. For example, a report by the US-based non-profit National Fire Protection Association (NFPA) in November 2023 indicated that around 1.5 million fire incidents were responded to by local fire departments in the United States in 2022. These incidents resulted in nearly 3,790 civilian fatalities and 13,250 reported injuries with property damages estimated to be around $18 billion. As such, the escalating number of fire instances is anticipated to fuel the expansion of the fire-stopping materials market.
Which Companies Are Leading in the Fire Stopping Material Market?
Major companies operating in the fire stopping material market include Hilti Corporation, 3M Company, Sika AG, Etex Group, Morgan Advanced Materials, Knauf Insulation, Compagnie de Saint-Gobain S.A, BASF SE, Abesco Fire Ltd., Fire Seals Direct, Fischerwerke GmbH And Co. KG, Lloyd Insulations, Unique Fire Stop Products Inc., Trelleborg AB, Rockwool International A/S, Specified Technologies Inc., H. B. Fuller Company, RectorSeal LLC, Promat International NV, Ruskin Company, Tremco Incorporated, Almese Rolf Kuhn GmbH, Roxul Inc., Arkema Group, Fosroc International Ltd., Atkore International, GCP Applied Technologies Inc., CPG INTERNATIONAL INC., Fireteknics Ltd., Protexus Fire Systems Ltd.
What Are the Major Trends Shaping the Fire Stopping Material Market?
Product innovation is becoming increasingly prevalent as a key trend within the fire-stopping materials market. Many of the leading businesses within the market are focusing on the development of novel products as a way to fortify their marketplace standing. As an example, Nullifire Ltd., a UK-based company that manufactures fire protection products, introduced its FS719 HP Blue in September 2022, developed for usage with chlorinated polyvinyl chloride (CPVC) materials. The product, highlighted by its easily identifiable blue color, ensures traceability and provides up to two hours of fire resistance. Besides, it was designed with unique features such as ease of identification when combined with the FB750 incubator-coated batt and compatibility with the FBCTM System. This state-of-the-art product is now available to all fire protection system and sprinkler installers.
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What Are the Top Revenue-Generating Geographies in the Fire Stopping Material Market?
North America was the largest region in the fire-stopping materials market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global fire-stopping materials market report during the forecast period. The regions covered in the fire-stopping material market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Fire Stopping Material Market?
2. What is the CAGR expected in the Fire Stopping Material Market?
3. What Are the Key Innovations Transforming the Fire Stopping Material Industry?
4. Which Region Is Leading the Fire Stopping Material Market?
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