Fire Protection System Pipes Market by Type (Seamless Pipes, Welded Pipes), Material (Composites, Copper, Plastic), Connection Type, Pipe Content, End-use - Global Forecast 2024-2030
The Fire Protection System Pipes Market size was estimated at USD 20.21 billion in 2023 and expected to reach USD 21.55 billion in 2024, at a CAGR 6.86% to reach USD 32.18 billion by 2030.
Fire protection systems control and protect the damage that can occur to the building and occupants in the event of a fire. The fire protection systems include various components, including pipes that carry water or other liquids to connect firefighting equipment. The growing cases of fire hazards in residential and commercial spaces and rising government regulations for establishing fire protection systems are accelerating the use of fire protection system pipes. Fire protection system pipes are increasingly installed in industries highly susceptible to fire hazards, such as the oil and gas industry. However, the high installation and maintenance cost and technical issues may reduce the usage of fire protection system pipes. Moreover, the ongoing research to improve the pipe quality and favorable investment landscape in smart city projects are expected to facilitate the deployment of fire protection system pipes across end-use industries worldwide.
Regional InsightsThe fire protection systems market is highly developing in the Americas owing to the presence of a well-established industrial sector and the growing deployment and development of efficient fire protection system pipes in the region. Supportive government regulations, growing incidences of fire hazards, and adopting advanced fire protection technologies encourage using fire protection system pipes in the APAC region. Norms for building fire protection systems, growing awareness regarding the installation and safety benefits, and advancements in fire protection systems are resulting in the accelerated installation of fire protection pipes in the EMEA region. Additionally, the rapid expansion of the industrial sector and a surge in infrastructure projects are expected to create immense potential for the growth of the fire protection system pipes market.
Market InsightsMarket DynamicsThe market dynamics represent an ever-changing landscape of the Fire Protection System Pipes Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
Market DriversRising fire incidences in residential and commercial places
Substantial growth prospects of the oil and gas industry
Government regulations encouraging the installation of fire protection systems
Market RestraintsHigh cost of installation and maintenance
Market OpportunitiesImprovements in the pipeline for fire sprinkler system safety
Significant investment in construction projects and smart city development
Market ChallengesTechnical and operational issues related to fire protection system pipes
Market Segmentation AnalysisMaterial: Rising demand for lightweight composite fire protection system pipes
End-Use: Deployment of highly specialized fire protection system pipes in harsh industrial environments
Market Disruption AnalysisPorter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis
FPNV Positioning MatrixThe FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Fire Protection System Pipes Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share AnalysisThe market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Fire Protection System Pipes Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent DevelopmentsAstral Receives India’s First IS-Certification for CPVC Pipe Fittings
Astral Limited has secured IS certification from the Bureau of Indian Standards (BIS) for both its Fire Pro CPVC pipes and fittings, conforming to IS 16088- 2012 and IS 16534-2017 standards respectively. The certifications underscore the company's commitment to delivering a complete, quality-assured automatic sprinkler piping system adept in ensuring customer safety.
Core & Main Completes Acquisition of Midwest Pipe Supply Inc.
Core & Main Inc., a distributor advancing reliable fire protection system infrastructure, has acquired Midwest Pipe Supply Inc., enhancing its distribution capabilities in waterworks and drainage in Iowa. The union promises to fortify Core & Main's commitment to providing superior service, deep local market insights, and an expanded product line that supports the company's mission to foster thriving, safe, and sustainable communities through reliable infrastructure.
Victaulic Acquires Horizon Metals
Victaulic, a provider of mechanical pipe joining systems, fire protection, and flow control technologies, has fortified its market presence through the strategic acquisition of Horizon Metals Inc., a Utah-based entity. This move solidifies Victaulic's infrastructure and waterworks market share and also augments its capacity for crafting large-diameter pipe solutions.
Strategy Analysis & RecommendationThe strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Fire Protection System Pipes Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company ProfilesThe report delves into recent significant developments in the Fire Protection System Pipes Market, highlighting leading vendors and their innovative profiles. These include aquatherm GmbH, Ashirvad by Aliaxis Group SA, ASTRAL LIMITED, Bull Moose Tube Company by Caparo Group Limited, China Lesso Group Holdings Limited, Düker GmbH, Encore Fire Protection, Engineered Fire Piping, Engineered Fire Piping, SL, Fire suppression Limited, Georg Fischer Rohrleitungssysteme AG, Jindal Industries Pvt. Ltd., Minimax GmbH, NewAge Fire Fighting Co. Ltd., Octal Steel, Perma-Pipe International Holdings Inc., Prince Pipes And Fittings Ltd., Simona AG, Tata Steel Limited, The Supreme Industries Ltd., Valmont Industries, Inc., Victaulic Company, Wheatland Tube by Zekelman Industries, Youngstown Tube, and Zekelman Industries.
Market Segmentation & CoverageThis research report categorizes the Fire Protection System Pipes Market to forecast the revenues and analyze trends in each of the following sub-markets:
Type
Seamless Pipes
Welded Pipes
Material
Composites
Copper
Plastic
Steel
Alloy Steel
Carbon Steel
Stainless Steel
Connection Type
Flanged
Grooved
Threaded
Pipe Content
Foam
Gas
Water
End-use
Commercial
Industrial
Residential
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
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