Global Firestop Sealants Market Professional Survey by Types, Applications, and Players, with Regional Growth Rate Analysis and Development Situation, from 2023 to 2028

SKU ID : Maia- 24824721

Publishing Date : 31-Aug-2023

No. of pages : 114

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  • According to the latest research, the global Firestop Sealants market size was valued at USD 846.96 million in 2022 and is expected to expand at a CAGR of 5.88% during the forecast period, reaching USD 1193.29 million by 2028.

    Firestop Sealants is a kind of sealing material, which has the dual performance of sealing and fire protection and belongs to the measure type fire protection material. Firestop Sealants are used to seal small openings/gaps through penetrants (such as civil pipes, ducts, electrical cables, etc.) passing through walls or floors in buildings. The purpose of fire sealants is to seal any small openings so as to prevent a fire from traveling from a fire area/compartment to another area/compartment of a building or structure. It is used to seal both through-penetration firestop systems and joint systems. Mainly used for bonding and sealing of all kinds of fireproof doors and windows, flame-retardant sealing of various layers of curtain wall engineering; installation of flame-retardant sealing of all kinds of doors and windows glass; waterproof, moisture-proof, decorative and flame-retardant sealing of public places such as hotels, hotels, theaters, etc.

    Restraints
    In addition to Firestop Sealants, there are many types of fire protection products on the market. The presence of advanced fire protection alternatives, including flame retardant masterbatches and intumescent coatings that provide advanced and cost-effective fire protection solutions, is likely to hinder the growth of the Firestop Sealants market.
    Some ingredients of Firestop Sealants may be harmful to human body, but some unscrupulous merchants use substandard raw materials or craftsmanship to produce inferior Firestop Sealants products, resulting in bad influence on the market. This is also one of the factors hindering the development of the market.
    Apart from this, some factors such as the outbreak of COVID-19 will also hinder the development of the Firestop Sealants industry. The outbreak of the epidemic has led to the rupture of the industrial chain, insufficient supply of raw materials, adverse impact on factory production activities, and blocked downstream market trade. These circumstances have also adversely affected the Firestop Sealants industry.

    Drivers
    The continuous development of the construction market is one of the important driving forces of the Firestop Sealant market. Firestop Sealant is mainly used in various types of buildings, for fire prevention in cracks and other places. With the rapid growth of global residential buildings, industrial buildings, and commercial buildings in recent years, the downstream market of Firestop Sealant continues to grow. Thereby generating a lot of market demand. In addition, the rising awareness of safety and fire protection is also promoting residents' demand for Firestop Sealant, which further promotes the demand of downstream markets. In addition, manufacturers' continuous sales and advertising are also promoting the development of downstream markets. Therefore, it is expected that the Flexible Firestop Sealant market will continue to develop for a long period of time due to the demand growth generated by the growth of the downstream market.

    Challenges
    Firestop Sealants work to stop smoke and flame from penetrating and penetrating through construction joints. But Firestop Sealants also have some problems, such as Firestop Sealants can be squashed under high pressure. This is the main disadvantage of Firestop Sealants. Additionally, under high tension, Firestop Sealants may pull apart from seam junctions in the event of a fire, rendering Firestop Sealants ineffective. Solving this problem is also a challenge for manufacturers. The longevity of Firestop Sealants is also a concern for users. For example, when exposed to the sun for a long time, in an environment subjected to high temperature and high pressure, in a low temperature environment, etc., the service life of Firestop Sealants is shortened and the aging is accelerated. Solving the service life of Firestop Sealants in special environments is also one of the challenges faced by manufacturers.

    Region Overview:
    North America dominated the Firestop Sealants market in 2021, with a market share of 35.7%.

    Company Overview:
    3M is one of the major players operating in the Firestop Sealants market, holding a share of 13.41% in 2022.

    3M
    The 3M Company is an American multinational conglomerate corporation operating in the fields of industry, worker safety, US health care, and consumer goods. The company produces over 60,000 products under several brands, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection films, dental and orthodontic products, electrical and electronic connecting and insulating materials, medical products, car-care products, electronic circuits, healthcare software and optical films.

    Hilti
    Hilti Corporation is a Liechtenstein multinational company that develops, manufactures, and markets products for the construction, building maintenance, energy and manufacturing industries, mainly to the professional end-user. It concentrates mainly on anchoring systems, fire protection systems, installation systems, measuring and detection tools (such as laser levels, range meters and line lasers), power tools (such as hammer drills, demolition hammers, diamond drills, cordless electric drills, heavy angle drills, power saws) and related software and services.

    Segmentation Overview:
    Among different product types, Silicone segment is anticipated to contribute the largest market share in 2027.

    Silicone
    Silicone Firestop Sealants are elastic, maintain stability in high & low temperatures and are resistant to other chemicals, moisture, and weathering. Unlike some adhesives, silicone sealants must cure.

    Acrylic
    Acrylic Firestop Sealants are composed of acrylate polymers and are water-based environmentally friendly flame retardant sealants with fire and smoke properties. Acrylic polymer is a clear plastic with excellent elasticity and resistance to breakage. While they may not be as durable as silicone Firestop Sealants, they have the added advantage that they can be painted over, making them suitable for use in gaps and barriers around doors and windows, cornices and baseboards, and other areas that need to be filled.

    Application Overview:
    The market's largest segment by application is the segment Commercial & Institutional, with a market share of 47.2% in 2021.

    This report elaborates on the market size, market characteristics, and market growth of the Firestop Sealants industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Firestop Sealants. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.

    Key Points this Global Firestop Sealants Market Report Include:
    Market Size Estimates: Firestop Sealants market size estimation in terms of revenue and sales from 2018-2028
    Market Dynamic and Trends: Firestop Sealants market drivers, restraints, opportunities, and challenges
    Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Firestop Sealants market
    Segment Market Analysis: Firestop Sealants market revenue and sales by type and by application from 2018-2028
    Regional Market Analysis: Firestop Sealants market situations and prospects in major and top regions and countries
    Firestop Sealants Market

    Competitive Landscape

    and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.
    Firestop Sealants Industry Chain: Firestop Sealants market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
    Firestop Sealants Industry News, Policies by regions
    Firestop Sealants Industry Porters Five Forces Analysis

    Key players in the global Firestop Sealants market are covered in Chapter 2:
    Trafalgar Fire
    Nelson Firestop (Emerson)
    Entc Nuclear Technology
    Sika AG
    Soudal
    Fosroc (JMH)
    Bai Yun Chemical
    Rockwool
    Dow Corning
    Tremco
    3M
    Weber Gruppe
    Bostik (Arkema)
    Specified Technologies
    Hilti
    KONISHI
    Rectorseal
    H. B. Fuller
    Pecora
    Promat

    In Chapter 6 and Chapter 9, on the basis of types, the Firestop Sealants market from 2018 to 2028 is primarily split into:
    Silicone
    Acrylic
    Others

    In Chapter 7 and Chapter 10, on the basis of applications, the Firestop Sealants market from 2018 to 2028 covers:
    Residential
    Commercial & Institutional
    Industrial

    Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
    United States
    Europe
    China
    Japan
    India
    Southeast Asia
    Latin America
    Middle East and Africa
    Others

    In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.

    Chapter Outline
    This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:

    Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Firestop Sealants market size in terms of revenue, sales volume, and average price.

    Chapter 2 analyzes the main companies in the Firestop Sealants industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.

    Chapter 3 is an analysis of the competitive environment of Firestop Sealants market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.

    Chapter 4 is an analysis of the Firestop Sealants industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.

    Chapter 5 focuses on Firestop Sealants market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.

    Chapters 6-8 have segmented the Firestop Sealants market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.

    Chapters 9-11 provide detailed Firestop Sealants market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.

    Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.

    Years considered for this report:


    Historical Years:

    2018-2022

    Base Year:

    2022

    Estimated Year:

    2023

    Forecast Period:

    2023-2028

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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