The Business Research Company’s report on the Fire Stopping Material Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the fire stopping material market in recent years?
The growing number of fire incidents is expected to significantly drive the fire-stopping materials market going forward. Fire incidents refer to tragic occurrences that may result in the loss of property and horrifying burn injuries that inflict excruciating agony, scarring, deformity, disability, the need for ongoing care, and even death. Fire-stopping materials are major protectors against fire incidents. It functions to safeguard people and property by preventing the spread of fire across a building’s many compartments. For instance, in November 2023, according to a survey conducted by the National Fire Protection Association (NFPA), a US-based non-profit organization, in 2022, local fire departments in the United States responded to approximately 1.5 million fire incidents, which resulted in 3,790 civilian deaths and 13,250 reported injuries. The total property damage caused by these fires was estimated at $18 billion. Therefore, the growing number of fire incidents is expected to drive the growth of the fire stopping materials market.
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What is the projected market size of the fire stopping material industry, and how is it expected to grow?
The fire stopping material market size has grown strongly in recent years. It will grow from$1.64 billion in 2024 to $1.8 billion in 2025 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to strict building codes and regulations, rising awareness of fire safety, increasing construction activities, stringent requirements in high-risk environments, insurance industry mandates
The fire stopping material market size is expected to see rapid growth in the next few years. It will grow to “$2.76 billion in 2029 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to rapid growth in the construction industry, focus on sustainable and environmentally friendly solutions, stringent fire safety requirements in critical infrastructure, increasing adoption in retrofitting projects, global emphasis on life safety and property protection. Major trends in the forecast period include intumescent technology advancements, environmentally friendly formulations, flexible and sealant solutions, code compliance and standards adherence, innovations in fire retardant additives.
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Who are the key players driving competition 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 key trends are expected to drive the fire resistant fabrics market during the forecast period?
Product innovation is the key trend gaining popularity in the fire-stopping materials market. Major companies operating in the fire-stopping materials market are developing innovative products to strengthen their position in the market. For instance, in September 2022, Nullifire Ltd., a UK-based fire protection product manufacturing company, launched its FS719 HP Blue for chlorinated polyvinyl chloride (CPVC) materials. It has a recognizable blue color for simple visual identification and traceability and provides up to two hours of fire resistance. It also has distinguishing characteristics, such as being easily identifiable when used with the FB750 incubator-coated batt and being FBCTM System compatible. This advanced product has been made accessible to sprinkler and fire protection system installers.
Which key geographies are driving the growth of 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
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What are the key segments driving growth in the fire stopping material market?
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 defines the structure and scope of the fire stopping material market?
Fire-stopping materials refer to a class of materials that help a structure resist fire. and used to fill openings and joints between walls and floors with fire-resistant material, these compounds are generally utilized to decrease the effects of disastrous fires. These materials can be categorized as passive or active fire prevention materials.
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