Market Overview:
The global fire stopping systems market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the increasing demand for fire stopping systems in residential buildings, office buildings, commercial buildings, and other applications. In terms of type, the intumescent materials segment is expected to lead the global fire stopping systems market during the forecast period. This can be attributed to their ability to expand and char in order to fill any gaps or openings around pipes or cables that may have been created by a fire.
Product Definition:
A fire stopping system is a passive fire protection system that is used to prevent the spread of fire and hot gases through openings in walls, floors, and ceilings. Fire stopping systems are typically made up of intumescent materials that swell up when exposed to heat, which seals off the opening and prevents the spread of fire.
Intumescent Materials:
Intumescent materials are a group of substances that raise the temperature of the material to which they are applied, thereby increasing its resistance to burning. The most common intumescent materials used in firestopping systems include water-based epoxy resins and self-leveling intumescent coatings (SILICON).
The global Intumescent Materials market was valued at USD 1.6 billion in 2015.
Firestop Sealant:
A firestop sealant is a type of fire barrier sealant that is used to prevent the spread of smoke, heat, and flame within a building. It can also be used in external walls and ceilings to protect them from the effects of fire. The product finds application in residential buildings as well as commercial structures such as hotels, hospitals, schools etc., owing to its ability to provide protection against fires caused by cooking oil/fuel accidents or electrical short circuits among others.
Application Insights:
The commercial buildings segment led the global fire stopping systems market and accounted for more than 45.0% share of the overall revenue in 2017. The growth can be attributed to increasing construction activities of commercial buildings, including offices, shops and malls across various regions. Moreover, stringent government regulations regarding fire safety in commercial structures are expected to drive demand over the forecast period.
The residential buildings segment is anticipated to witness significant growth over the forecast period owing to rising product demand from developed as well as developing countries such as India, China and Australia among others which have growing housing needs due to their rapidly growing population. In addition, favorable government policies related towards home improvement are expected to boost product sales further driving industry expansion during future years witnessing high consumer spending capacity on home remodeling projects in various regions globally over the coming years according Fire-Rite Industries Inc.
Regional Analysis:
The Asia Pacific dominated the global fire stopping systems market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2016 owing to increasing construction activities, coupled with growing population, especially in China and India. Moreover, rising demand for commercial spaces such as hotels and restaurants is anticipated to drive the demand for protective wrapping materials used across various applications such as industrial plants, laboratories etc.
Europe was estimated at USD X million in 2016.
Growth Factors:
- Increasing demand for fire stopping systems in the construction industry as a result of growing awareness about the importance of fire safety.
- Rapid growth in the global population and subsequent increase in demand for new buildings and infrastructure, which will drive the market for fire stopping systems.
- Stringent regulations and codes pertaining to fire safety across different regions are expected to spur demand for these systems over the forecast period.
- Rising concerns over terrorist attacks, which could lead to an increase in spending on security-related products including fire stopping systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fire Stopping Systems Market Research Report
By Type
Intumescent Materials, Firestop Sealant, Protective Wrap Systems, Other
By Application
Residential Buildings, Office Buildings, Commercial Buildings, Other
By Companies
3M, Hilti Group, Sika, Walraven, Specified Technologies, Etex Group(Promat), HoldRite, Tremco Incorporated, Passafe Fire Protection, 3M
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Fire Stopping Systems Market Report Segments:
The global Fire Stopping Systems market is segmented on the basis of:
Types
Intumescent Materials, Firestop Sealant, Protective Wrap Systems, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Buildings, Office Buildings, Commercial Buildings, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- Hilti Group
- Sika
- Walraven
- Specified Technologies
- Etex Group(Promat)
- HoldRite
- Tremco Incorporated
- Passafe Fire Protection
- 3M
Highlights of The Fire Stopping Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Intumescent Materials
- Firestop Sealant
- Protective Wrap Systems
- Other
- By Application:
- Residential Buildings
- Office Buildings
- Commercial Buildings
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fire Stopping Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fire stopping systems are a type of fire protection system that use special materials and techniques to stop or slow the spread of fire.
Some of the major companies in the fire stopping systems market are 3M, Hilti Group, Sika, Walraven, Specified Technologies, Etex Group(Promat), HoldRite, Tremco Incorporated, Passafe Fire Protection, 3M.
The fire stopping systems market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fire Stopping Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fire Stopping Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fire Stopping Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fire Stopping Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fire Stopping Systems Market Size & Forecast, 2018-2028
4.5.1 Fire Stopping Systems Market Size and Y-o-Y Growth
4.5.2 Fire Stopping Systems Market Absolute $ Opportunity
Chapter 5 Global Fire Stopping Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fire Stopping Systems Market Size Forecast by Type
5.2.1 Intumescent Materials
5.2.2 Firestop Sealant
5.2.3 Protective Wrap Systems
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fire Stopping Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fire Stopping Systems Market Size Forecast by Applications
6.2.1 Residential Buildings
6.2.2 Office Buildings
6.2.3 Commercial Buildings
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fire Stopping Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fire Stopping Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fire Stopping Systems Analysis and Forecast
9.1 Introduction
9.2 North America Fire Stopping Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fire Stopping Systems Market Size Forecast by Type
9.6.1 Intumescent Materials
9.6.2 Firestop Sealant
9.6.3 Protective Wrap Systems
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fire Stopping Systems Market Size Forecast by Applications
9.10.1 Residential Buildings
9.10.2 Office Buildings
9.10.3 Commercial Buildings
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fire Stopping Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Fire Stopping Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fire Stopping Systems Market Size Forecast by Type
10.6.1 Intumescent Materials
10.6.2 Firestop Sealant
10.6.3 Protective Wrap Systems
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fire Stopping Systems Market Size Forecast by Applications
10.10.1 Residential Buildings
10.10.2 Office Buildings
10.10.3 Commercial Buildings
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fire Stopping Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fire Stopping Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fire Stopping Systems Market Size Forecast by Type
11.6.1 Intumescent Materials
11.6.2 Firestop Sealant
11.6.3 Protective Wrap Systems
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fire Stopping Systems Market Size Forecast by Applications
11.10.1 Residential Buildings
11.10.2 Office Buildings
11.10.3 Commercial Buildings
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fire Stopping Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Fire Stopping Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fire Stopping Systems Market Size Forecast by Type
12.6.1 Intumescent Materials
12.6.2 Firestop Sealant
12.6.3 Protective Wrap Systems
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fire Stopping Systems Market Size Forecast by Applications
12.10.1 Residential Buildings
12.10.2 Office Buildings
12.10.3 Commercial Buildings
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fire Stopping Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fire Stopping Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fire Stopping Systems Market Size Forecast by Type
13.6.1 Intumescent Materials
13.6.2 Firestop Sealant
13.6.3 Protective Wrap Systems
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fire Stopping Systems Market Size Forecast by Applications
13.10.1 Residential Buildings
13.10.2 Office Buildings
13.10.3 Commercial Buildings
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fire Stopping Systems Market: Competitive Dashboard
14.2 Global Fire Stopping Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Hilti Group
14.3.3 Sika
14.3.4 Walraven
14.3.5 Specified Technologies
14.3.6 Etex Group(Promat)
14.3.7 HoldRite
14.3.8 Tremco Incorporated
14.3.9 Passafe Fire Protection
14.3.10 3M
