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Fire Stopping Materials Market Trends

Report ID: GMI6642
Published Date: Sep 2023
Report Format: PDF

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Fire Stopping Materials Market Trends

Fire stopping systems are being integrated with smart technologies such as sensors, monitoring systems, and remote-control capabilities for real-time fire detection and response. The demand for environmentally friendly and sustainable building materials has led to the development of fire stopping materials with reduced environmental impact and low toxicity. Manufacturers are developing fire stopping materials that are easier to install, helping contractors save time and improve the efficiency of fire protection installations.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for fire stopping materials was valued at USD 1.5 billion in 2022 and will reach USD 3.3 billion by 2032 due to the growing prominence of stringent building codes and fire safety regulations worldwide.

Fire stopping materials industry from the intumescent coatings type segment recorded USD 1.6 billion in 2022 and will witness significant growth from 2023-2032 on account of its rising application in architectural features.

U.S. market size for fire stopping materials reached USD 0.37 billion in 2022 and is expected to register significant CAGR from 2023-2032 owing to the well-established building codes and regulations that mandate the use of fire stopping materials in the region.

Hilti Group, 3M Company, Specified Technologies Inc. (STI), Rockwool, RectorSeal Corporation, H. B. Fuller Company, Tremco Incorporated, HILTI Firestop Solutions, Everkem Diversified Products, and Bostik (Arkema Group) are some of the major fire stopping material companies worldwide.