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Firestop Sealants - Market Research | Recent Trends and Growth Forecast 2025

Latest updates on Firestop Sealants market, a comprehensive study enumerating the latest price trends and pivotal drivers rendering a positive impact on the industry landscape. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry.

Positive application scope of passive fireproofing material including tapes, fillers and sealants in wires, pipes and cables will surge product demand by 2025. Government guidelines mandating the utilization of passive fire protection materials in construction activities is likely to fuel product demand. Guidelines laid by EU, International Building Code (IBC), National Electrical Code (NFPA-70), National Building Code, Legacy US building codes, pertaining to use of advanced sealants will support industry development.

Growing investments in the residential and commercial spaces construction supported by private and public partnership will drive firestop sealants market. Supportive government policies including housing for all, and lower bank rates will drive residential construction growth in coming years. High durability of fire barrier sealants has improved its adoption rate in nonporous & porous substrates sealing, sanitary fixtures, electrical conduits, and wiring in ceilings.

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Commercial and institutional end-use segment accounted for market share over 55% in 2018, growing with a significant CAGR throughout the estimated time period. Governmental policies including new education for all and housing for all generates demand for new public infrastructure globally, contributing to industry growth. Flooring applications in commercial structures is expected to propel product application scope since it removes cavity barriers from undesirable open spaces.

Firestop Sealants - Market Research | Recent Trends and Growth Forecast 2025
Firestop Sealants - Market Research | Recent Trends and Growth Forecast 2025

Request Sample Copy of this Report @ https://www.cuereport.com/request-sample/2211

Silicone firestop sealants market dominated the global market and accounted for over 40% of the overall demand in 2018. Low modulus elasticity accompanied by silicone sealants elastomeric property lowers strains from the substrate surface and allows recovery from expansion of single and multiple metallic pipes, conduits and tubes. Water-barrier properties drives sealants penetration in sanitary joints in modern and refurbished constructions. Increasing sealants application scope in cables and wires, electric sockets, and fire-rated joints sealing will enhance the segment growth.

Asia Pacific firestop sealants market is growing with a CAGR surpassing 5.6% by 2025. Growth of construction industry has played a key role in the development of Asian economies. For instance, geographical proximity of China with ASEAN countries resulted in its overseas infrastructure financing expansion due to the establishment of the Asian Infrastructure Investment Bank. Strong growth in the infrastructural development will supplement the increasing installation of fire protection materials in construction structures which is likely to drive the product demand by 2025.

Pipe and cable penetrations garnered revenue over USD 190 Mn in 2018. Modern building frameworks are scattered with numerous utility and network services including pipes, fittings, ventilation ducts in both horizontal and vertical directions, leading to countless penetrations through floors and walls. It is majorly preferred for cabling and wiring penetrations since they prevent passage of fire through joints. These sealants expand in an event of fire and remain intact in place and resist spread of flame for time period equal to required protection rating.

Firestop sealants market is moderately fragmented and witnessing tough competition among major manufacturers including H.B. Fuller, 3M, Bostik (Arkema), Tremco, Sika AG and HILTI Corp. Manufacturers are primarily involved strategies including mergers & acquisitions, joint ventures and capacity expansion to implement new technology for increasing production capacity to meet the ever-rising product demand. For instance, in March 2019, H.B. Fuller announced its establishment H.B. Fuller Japan G.K. Through this establishment, the company will be able to strengthen its Engineering Adhesives Businesses in Japan and cement its position in the global market.

Growing investments in the residential and commercial spaces construction supported by private and public partnership will drive firestop sealants market. Supportive government policies including housing for all, and lower bank rates will drive residential construction growth in coming years. High durability of fire barrier sealants has improved its adoption rate in nonporous & porous substrates sealing, sanitary fixtures, electrical conduits, and wiring in ceilings.

Positive application scope of passive fireproofing material including tapes, fillers and sealants in wires, pipes and cables will surge product demand by 2025. Government guidelines mandating the utilization of passive fire protection materials in construction activities is likely to fuel product demand. Guidelines laid by EU, International Building Code (IBC), National Electrical Code (NFPA-70), National Building Code, Legacy US building codes, pertaining to use of advanced sealants will support industry development.

Silicone firestop sealants market dominated the global market and accounted for over 40% of the overall demand in 2018. Low modulus elasticity accompanied by silicone sealants elastomeric property lowers strains from the substrate surface and allows recovery from expansion of single and multiple metallic pipes, conduits and tubes. Water-barrier properties drives sealants penetration in sanitary joints in modern and refurbished constructions. Increasing sealants application scope in cables and wires, electric sockets, and fire-rated joints sealing will enhance the segment growth.

Pipe and cable penetrations garnered revenue over USD 190 Mn in 2018. Modern building frameworks are scattered with numerous utility and network services including pipes, fittings, ventilation ducts in both horizontal and vertical directions, leading to countless penetrations through floors and walls. It is majorly preferred for cabling and wiring penetrations since they prevent passage of fire through joints. These sealants expand in an event of fire and remain intact in place and resist spread of flame for time period equal to required protection rating.

Commercial and institutional end-use segment accounted for market share over 55% in 2018, growing with a significant CAGR throughout the estimated time period. Governmental policies including new education for all and housing for all generates demand for new public infrastructure globally, contributing to industry growth. Flooring applications in commercial structures is expected to propel product application scope since it removes cavity barriers from undesirable open spaces.

Asia Pacific firestop sealants market is growing with a CAGR surpassing 5.6% by 2025. Growth of construction industry has played a key role in the development of Asian economies. For instance, geographical proximity of China with ASEAN countries resulted in its overseas infrastructure financing expansion due to the establishment of the Asian Infrastructure Investment Bank. Strong growth in the infrastructural development will supplement the increasing installation of fire protection materials in construction structures which is likely to drive the product demand by 2025.

Firestop sealants market is moderately fragmented and witnessing tough competition among major manufacturers including H.B. Fuller, 3M, Bostik (Arkema), Tremco, Sika AG and HILTI Corp. Manufacturers are primarily involved strategies including mergers & acquisitions, joint ventures and capacity expansion to implement new technology for increasing production capacity to meet the ever-rising product demand. For instance, in March 2019, H.B. Fuller announced its establishment H.B. Fuller Japan G.K. Through this establishment, the company will be able to strengthen its Engineering Adhesives Businesses in Japan and cement its position in the global market.

Major Highlights from Table of contents are listed below for quick lookup into Firestop Sealants Market report

Chapter 1. Competitive Landscape

  • Company market share
  • Firestop Sealants Market Competitive analysis of key market players
  • Competitive analysis of other prominent vendors

Chapter 2. Company Profiles

  • Business Overview
  • Financial Data
  • Product portfolio
  • Strategic Outlook
  • SWOT Analysis

Chapter 3. Methodology & Scope

  • Methodology
  • Initial data exploration
  • Firestop Sealants Market Statistical model and forecast
  • Industry insights and validation
  • Firestop Sealants Market Scope
  • Definition
  • Methodology and forecast parameters
  • Data Sources

Chapter 4. Executive Summary

  • Firestop Sealants industry 360º synopsis - 2025
  • Firestop Sealants Business trends
  • Region trends

Chapter 5. Firestop Sealants industry Insights

  • Firestop Sealants Industry segmentation
  • Industry landscape 2025
  • Industry Pitfalls and Challenges
  • Threat of new entrants
  • Threat of substitutes
  • Firestop Sealants Market Growth potential analysis

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