Global Fire Protection System Pipes Market Size, Share & Industry Trends Analysis Report By End User, By Material (Steel, CPVC and Copper), By Application (Fire Sprinkler System and Fire Suppression System), By Type, By Regional Outlook and Forecast, 202

Global Fire Protection System Pipes Market Size, Share & Industry Trends Analysis Report By End User, By Material (Steel, CPVC and Copper), By Application (Fire Sprinkler System and Fire Suppression System), By Type, By Regional Outlook and Forecast, 2023 - 2029

The Global Fire Protection System Pipes Market size is expected to reach $31 Billion by 2029, rising at a market growth of 6.6% CAGR during the forecast period.

Fire protection system pipes are utilized in fire combat systems like automatic sprinkler systems and other water-based fire suppression systems. To make it simple for firefighters and others to recognize these pipes, they are typically painted red. The color designation is also used to isolate them from other water-carrying systems.

Any facility can limit its losses from an unintentional fire by having a fire protection system that is properly designed, built, operated, and maintained. These losses include both property and human life. Fire protection system requirements are primarily driven by the need to alert building occupants in advance so they can evacuate and to alert the fire department so it can respond to the fire. In places like hospitals, the fire protection system alerts the workers so they can react to the fire emergency rather than flee the building. More authorities and people recognize the benefits of deploying fire protection systems, increasing the demand for fire protection system pipes.

Fire protection is the science and practice of minimizing the negative impacts of potentially destructive fires. It entails the analysis of the behavior, containment, investigation, and suppression of fires and related situations, as well as the creation, production, testing, and use of mitigating measures. Owners and operators of structures, whether land-based, offshore, or even on ships, are accountable for maintaining their facilities in compliance with a design basis based on legislation, such as the regional fire code and building code are implemented by the authority having jurisdiction.

COVID-19 Impact Analysis

During the initial phases of the COVID-19 pandemic the market suffered greatly. A partial lockdown was also noticed in various nations due to the increase in COVID-19 cases brought on by the second wave of the outbreak. The manufacturing of new fire protection systems was subsequently reduced even further. The disruption of the supply chain across several nations and regions also had a detrimental effect on the market. The lack of raw materials and labor has also hampered the manufacturing of fire protection system pipes. In addition, fire protection systems are predicted to become more popular due to the expanding urban population and the necessity to protect human life and the natural environment from fire catastrophes. Therefore, post-pandemic the market expanded, a trend which is expected to continue in the coming years.

Market Growth Factors

Growing Urbanization and Development of Infrastructure

The construction sector has experienced recent rapid growth. The Global Construction Perspective predicts that by 2030, the worldwide construction industry will reach USD 8 trillion. The increasing demand for homes and business spaces drives growth in the construction industry. Despite the difficulties in the financial sector, it is anticipated that the construction sector in Europe and the Asia Pacific will expand significantly throughout the next several years. The Global Construction Perspective also states that about 57% of overall growth will result from expanding construction in India, China, and the US. This growth will be fueled by rising infrastructure investment in both regions. Therefore, in the coming years, these variables are expected to accelerate the growth of the fire protection systems pipe market.

Rising Periodic Review of Legal Requirements to Improve Fire Safety

Most developed nations have altered their basic construction codes to include requirements for installing fire protection systems. For instance, the Sarbanes-Oxley Act's effects on US-based businesses have changed the fiduciary obligations of executive leadership, which now cover all facets of risk management, like safety concerns, in addition to financial reporting. As a result, businesses are investing millions of dollars in assessing and fixing flaws in their facilities' fire prevention systems, particularly in areas with inadequate firefighting infrastructure. Hence, the market will expand throughout the forecast period due to the strict fire protection regulations that nations worldwide must follow.

Market Restraining Factors

Challenges Associated with The Installation of Fire Protection System Pipes

The installation of fire protection systems necessitates significant initial investments. The challenge in addressing a fire situation in networks is attributed to their intricate nature, which necessitates the creation of advanced tools. The pipe used in these systems also tends to be more expensive than ordinary ones. Therefore, it is imperative for vendors to consistently upgrade their offerings and innovate new technologies. The development of advanced technologies is increasing procurement costs for government agencies and enterprises to provide comprehensive fire protection to infrastructure, as companies are investing significant amounts of money. Moreover, the network pipes painted red don't go with most of the interiors, further aggravating the issue of low use of these systems in residences. Therefore, the high cost of implementation and the occurrence of false alarms prevent the market from expanding.

End User Outlook

Based on end-user, the fire protection system pipes market is segmented into residential, industrial, and commercial. The commercial segment acquired a substantial revenue share in the fire protection system pipes market in 2022. Applications for government, healthcare, retail, BFSI, telecom, and IT academic institutions are included in the commercial application section. The development of strict government regulations for fire control and prevention worldwide has led to an increase in the demand for fire suppression equipment in commercial applications.

Industrial Type Outlook

On the basis of industrial type, the fire protection system pipes market is classified into oil & gas, energy & power, manufacturing & mining, transportation & logistics, and others. The oil and gas segment procured the largest revenue share in the fire protection system pipes market in 2022. The oil & gas industry has the highest incidence of fatal fire and explosion incidents of any industry, according to statistics. When working with combustible materials or gases, keeping fire health and safety in mind is important because improperly managing ignition sources can lead to extremely dangerous circumstances.

Commercial Type Outlook

By commercial type, the fire protection systems pipes market is fragmented into healthcare, office buildings, educational institutes, hospitality, and others. The healthcare segment recorded the maximum revenue share in the fire protection system pipes market in 2022. The necessity of deploying a fire protection system is boosting the demand for pipes in the healthcare sector. Healthcare facilities are subject to strict regulations and codes related to fire protection. Fire protection systems can help ensure these regulations are met, and the facility complies with local, state, and federal laws.

Material Outlook

On the basis of material, the fire protection system pipes market is classified into steel, CPVC, copper, and others. The steel segment acquired the largest revenue share in the fire protection system pipes market in 2022. Steel pipes are highly sought after by the oil & gas, chemical, petrochemical, mechanical & engineering, and automotive industries, which accounts for a larger market share for these tubes. Stainless steel, alloy steel, and carbon steel are the different types of steel.

Application Outlook

By application, the fire protection system pipes market is divided into fire suppression system and fire sprinkler system. The fire suppression system segment garnered a remarkable growth rate in the fire protection system pipes market in 2022. Fire suppression systems are crucial because they greatly improve the degree of fire safety at a commercial location and serve as a practical means of lowering the possibility of major harm or damage from fire. In addition, fire tetrahedron origins or links can be reduced or broken by fire suppression systems since they operate automatically, which makes them quick and efficient at putting out a fire.

Type Outlook

Based on type, the fire protection system pipes market is characterized into seamless pipes and welded pipes. The welded pipes segment garnered the highest revenue share in the fire protection system pipes market in 2022. Due to its reduced cost, welded pipes are in higher demand, which in turn is boosting the growth of the segment. The process of creating welded steel tube involves joining flat steel strips together. Then, to give it a circular shape, it is drawn through a die.

Regional Outlook

Region wise, the fire protection system pipes market is analysed across North America, Europe, Asia Pacific, and LAMEA. The North America segment recorded the largest revenue share in the fire protection system pipes market in 2022. The demand from various end-use industries, including residential, commercial, and industrial, as well as a growth in strategic cooperation and creativity among market competitors, have propelled the demand for these pipes in the North America market.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Johnson Controls International PLC, TATA Steel Limited (TATA Group) (Tata Sons Pvt. Ltd.), Simona AG, Astral Limited, China Lesso Group Holdings Ltd, Octal Steel, Jindal Industries Pvt. Ltd., Zekalman Industries, Federal Steel supply, and Tianjin Profound Multinational Trade Co., Ltd. (TPMCSTEEL)

Scope of the Study

Market Segments covered in the Report:

By End User

Industrial
Oil & Gas
Energy & Power
Manufacturing & Mining
Transportation & Logistics
Others
Commercial
Healthcare
Office Buildings
Educational Institutes
Hospitality
Others
Residential
By Material

Steel
CPVC
Copper
By Application

Fire Sprinkler System
Fire Suppression System
By Type

Welded Pipes
Seamless Pipes
By Geography

North America
US
Canada
Mexico
Rest of North America
Europe
Germany
UK
France
Russia
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific
LAMEA
Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA
Companies Profiled

Johnson Controls International PLC
TATA Steel Limited (TATA Group) (Tata Sons Pvt. Ltd.)
Simona AG
Astral Limited
China Lesso Group Holdings Ltd
Octal Steel
Jindal Industries Pvt. Ltd.
Zekalman Industries
Federal Steel supply
Tianjin Profound Multinational Trade Co., Ltd. (TPMCSTEEL)
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