Global Firestop Material Market Growth 2023-2029
Fire blocking materials are used to block various penetrating objects, such as various openings formed when cables, air pipes, oil pipes, and air pipes pass through walls (storage) walls, floor (A) slabs, and fire separation of cable trays, so as to avoid The fire spread through these openings and crevices.
LPI (LP Information)' newest research report, the “Firestop Material Industry Forecast” looks at past sales and reviews total world Firestop Material sales in 2022, providing a comprehensive analysis by region and market sector of projected Firestop Material sales for 2023 through 2029. With Firestop Material sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Firestop Material industry.
This Insight Report provides a comprehensive analysis of the global Firestop Material landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Firestop Material portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Firestop Material market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Firestop Material and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Firestop Material.
The global Firestop Material market size is projected to grow from US$ 2225.5 million in 2022 to US$ 3350.1 million in 2029; it is expected to grow at a CAGR of 3350.1 from 2023 to 2029.
Global Firestop Material key players include 3M, HILTI, Rockwool, etc. Global top three manufacturers hold a share about 20%.
China is the largest market, with a share over 40%, followed by Europe, and North America, both have a share over 30 percent.
In terms of product, Inorganic Fireproof Material is the largest segment, with a share over 80%. And in terms of application, the largest application is Petrochemical, followed by Commercial Buildings, Communication, Electric Power, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Firestop Material market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Organic Fireproof Material
Inorganic Fireproof Material
Segmentation by application
Petrochemical
Electric Power
Communication
Commercial Buildings
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
HILTI
3M
INCA
Sika
Rockwool
Arkema
Yantai Jinrun Nuclear Power Materials Co., Ltd.
Tianfu Fireproof Material
Jiangsu Huaxing Fireproof Material
Hebei Antai Fireproof Material
Tianjin Anshengda Fireproof Material Co., Ltd.
Hebei Junhui Security Technology
Jiangsu Hailong Nuclear Technology Co., Ltd.
Guangzhou Baiyun Chemical Industry Co., Ltd.
Shanghai Weineng New Material Technology Co., Ltd.
Langfang Ruijian Refractories
Li'an Fire Equipment
Tianyuan Warwick Group
Shenzhen Xisier Fireproof and Insulation Material
Weicheng Fire Protection Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Firestop Material market?
What factors are driving Firestop Material market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Firestop Material market opportunities vary by end market size?
How does Firestop Material break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook