MARKET INTRODUCTION
Fire sealants are a type of passive fire protection that is used to seal around the openings and between joints in a fire-resistant wall or floor fitting. Firestops are built to ensure the fireproofing of the wall or floor assemblies so as to avoid the spread of fire and smoke. Firestop sealants are commonly used in commercial, residential, and industrial areas for sealing small and disjointed floors. They are known to provide excellent fire hazard protection and typically come with accredited quality assurance.
MARKET DYNAMICS
The rising infrastructure growth, funded by government initiatives to build new schools, hospitals, airports, and government offices, has created a need for fire safety substances, which will further propel its demand in the market. Moreover, positive application scope as fireproofing material in wires, pipes and cables, metal products, and concrete walls/floors across industrial and non-industrial structures is expected to contribute to the market share of fireproof sealants by 2025. Further, strict government regulations on fire protection across the industrial sector to ensure a safe working condition is expected to fuel market demand for fire-fighting sealants. Furthermore, increased industrial production, due to the rapid expansion of manufacturing bases in China, the United States, Japan, and Germany, is likely to provide a strong market outlook for industry participants.
MARKET SCOPE
The "Global Firestop sealants Market Analysis to 2028" is a specialized and in-depth study of the Chemical and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the firestop sealants market with detailed market segmentation by product, application, end user, and geography. The global firestop sealants market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading firestop sealants market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global firestop sealants market is segmented on the basis of product, application, and end user. On the basis of product the global firestop sealants market is segmented into silicone and acrylic. Based on application the global firestop sealants market is segmented into pipe and cable penetrations, curtain walls, facades/ partition walls, and concrete floor. Based on end user the global firestop sealants market is segmented into residential, commercial and institutional, and industrial.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global firestop sealants market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The firestop sealants market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the firestop sealants market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the firestop sealants market in these regions.
MARKET PLAYERS
The reports cover key developments in the firestop sealants market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from firestop sealants market are anticipated to lucrative growth opportunities in the future with the rising demand for firestop sealants in the global market. Below mentioned is the list of few companies engaged in the firestop sealants market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the firestop sealants market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Hilti Corporation
- The 3M Company
- ROCKWOOL International A/S
- H.B. Fuller Company
- Sika AG
- Arkema S.A.
- Tremco Incorporated
- Urja Sealants Pvt. Ltd
- Rapidrop Global Ltd
- Fosroc, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
TABLE OF CONTENTS
LIST OF TABLES
LIST OF FIGURES
The List of Companies
1.Arkema S.A.
2.Fosroc, Inc.
3.H.B. Fuller Company
4.Hilti Corporation
5.Rapidrop Global Ltd
6.ROCKWOOL International A/S
7.Sika AG
8.The 3M Company
9.Tremco Incorporated
10.Urja Sealants Pvt. Ltd