Firestopping Service Market Report 2024 (Global Edition)

Global Firestopping Service Market Report 2024 Market Size Split by Product Type (Fireproof Sealants, Flame retardant sprays, Intumescent Paints, Firestop Putty), by Application (Structural Penetratio...

Firestopping Service Market Report Description

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Firestopping Service Market Insights Video

Competitive Landscape of the Firestopping Service Market

The competitive landscape of the Firestopping Service industry is distinguished by its variety of participants competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established fireproof sealant manufacturers, specialized fire-stopping service companies, and emerging startups with the goal of disrupting the market with creative ideas.

January 2022: The acquisition of MAGNIFIN Magnesiaprodukte GmbH & Co KG (MAGNIFIN) by Huber Engineered Materials was completed successfully. Huber's strategic business unit, Fire Retardant Additives (FRA), has effectively incorporated the product lineup that was formerly presented by MAGNIFIN and marketed by Martinswerk GmbH. By strengthening its portfolio of halogen-free fire retardants, specialty aluminum oxides, and smoke suppressants, this strategic integration helps Huber become a far more powerful player in the global market. (Source: https://www.huberadvancedmaterials.com/news/article/huber-engineered-materials-completes-acquisition-of-magnifin) December 2021: CLARIANT started building a new flame retardant production plant at its current location in Daya Bay, Guangdong Province, China. The addition of the new plant will increase manufacturing capacity and allow CLARIANT to meet better the region's increasing need for flame retardant solutions. (Source: https://www.clariant.com/en/Corporate/News/2021/12/Clariant-begins-construction-of-flame-retardants-production-facility-in-China) April 2021: Sika declared its intention to purchase Hamatite, the adhesive division of Japan's top company, Yokohama Rubber Co., Ltd. The acquisition will strengthen Sika's market position, give it more access to significant Japanese OEMs, and expand its range of products for bonding and sealing applications. (Source: https://gcc.sika.com/en/media/media-releases/2021/sika-acquires-leading-adhesives-and-sealants-business-in-japan.html)

Top Companies Market Share in Firestopping Service Industry: (In no particular order of Rank)

• Performance Contracting
• Inc. (PCI)
• Advanced Insulation
• BrandSafway
• GREER SPRAY FOAM
• Middlesex Firestopping Limited
• Western Industrial Services Ltd
• Hilti
• BRAND SERVICES
• Westcor Thermal
• A&A Fire Protection
• AAA Firestop
• AAC Contracting
• Firestop Technologies
• Firetek Pacific
• Checkmate Fire Company
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Firestopping Service Market

Which Region Dominates the Firestopping Service Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. In North America, there is a strong need for fire-stopping services, especially in places like building joints, hollow spaces, and structural penetrations. In order to comply with strict safety rules, there is an increasing demand for efficient fire-stopping solutions in the commercial, residential, and industrial sectors. Critical locations where a fire might spread include structural penetrations, which include joints between floors and walls, hollow spaces within buildings, and pipes and cables that run through walls. There is a lot of demand in the North American market since safety and compliance must make sure these spaces are adequately insulated with fire-stopping materials.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Firestopping Service market. Due to severe fire protection rules, fast urbanization, and the expansion of industry, the Asia Pacific market for fire-stopping services is growing significantly, with China, India, and South Korea leading the way. There is plenty of demand in China due to extensive infrastructure projects and a greater emphasis on safety standards by the government. Significant market prospects are highlighted by the expanding building industry in India and the growing public awareness of fire safety. Firestopping services are becoming more and more popular in South Korea, a country known for its cutting-edge building technologies and attention to safety compliance. Market participants can take advantage of these developments to increase their market share and provide creative fire-stopping solutions in the area.

The current report Scope analyzes Firestopping Service Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Firestopping Service Market

According to Cognitive Market Research, the global Firestopping Service market size was estimated at USD 1759.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 703.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Firestopping Service market with a market size of USD 555.30 million in 2024 and is projected to grow at a CAGR of 10.6% during the forecast period. In the United States, the usage of fire-stopping measures is required by strict building requirements and fire safety regulations.
• The Canada Firestopping Service market had a market share of USD 84.46 million in 2024 and is projected to grow at a CAGR of 11.6% during the forecast period. Firestopping services are in high demand in Canada because of the country's emphasis on upholding strict safety regulations in construction projects.
• The Mexico Firestopping Service market is projected to witness growth at a CAGR of 11.3% during the forecast period, with a market size of USD 64.05 million in 2024.

Europe Firestopping Service Market

According to Cognitive Market Research, the global Firestopping Service market size was estimated at USD 1759.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 527.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.1% from 2024 to 2031.

• The United Kingdom Firestopping Service market had a market share of USD 88.68 million in 2024 and is projected to grow at a CAGR of 11.9% during the forecast period. Adoption of fire-stopping services is encouraged by the strict fire safety requirements and regulations in the UK
• The France Firestopping Service market is projected to witness growth at a CAGR of 10.3% during the forecast period, with a market size of USD 48.56 million in 2024.
• According to Cognitive Market Research, the German Firestopping Service market size was valued at USD 104.51 million in 2024 and is projected to grow at a CAGR of 11.3% during the forecast period. Germany leads the world in terms of fire safety requirements and advanced technologies, which increases the demand for contemporary fire-stopping products.
• The Italy Firestopping Service market is projected to witness growth at a CAGR of 10.5% during the forecast period, with a market size of USD 45.40 million in 2024.
• The Russia Firestopping Service market is projected to witness growth at a CAGR of 10.1% during the forecast period, with a market size of USD 81.82 million in 2024.
• The Spain Firestopping Service market is projected to witness growth at a CAGR of 10.2% during the forecast period with a market size of USD 43.28 million in 2024
• The Luxembourg Firestopping Service market is projected to witness growth at a CAGR of 11.2% during the forecast period, with a market size of USD 16.36 million in 2024.
• The Portugal Firestopping Service market is projected to witness growth at a CAGR of 10.9% during the forecast period, with a market size of USD 11.08 million in 2024.
• The Greece Firestopping Service market is projected to witness growth at a CAGR of 11.4% during the forecast period, with a market size of USD 6.33 million in 2024.
• Rest of Europe's Firestopping Service market is projected to witness growth at a CAGR of 9.8% during the forecast period, with a market size of USD 81.82 million in 2024.

Asia Pacific Firestopping Service Market

According to Cognitive Market Research, the global Firestopping Service market size was estimated at USD 1759.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 404.69 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.6% from 2024 to 2031.

• According to Cognitive Market Research, the China Firestopping Service market size was valued at USD 182.11 million in 2024 and is projected to grow at a CAGR of 14.1% during the forecast period. Large-scale development projects and China's fast urbanization are major factors driving up demand for fire-stopping services.
• The Japan Firestopping Service market is projected to witness growth at a CAGR of 13.1% during the forecast period, with a market size of USD 55.85 million in 2024.
• The India Firestopping Service market had a market share of USD 48.56 million in 2024 and is projected to grow at a CAGR of 16.4% during the forecast period. In India, there is a high need for fire-stopping services due to an increase in infrastructure and residential and commercial projects.
• The South Korean Firestopping Service market is projected to witness growth at a CAGR of 13.7% during the forecast period, with a market size of USD 40.47 million in 2024.
• The Australian Firestopping Service market is projected to witness growth at a CAGR of 14.3% during the forecast period, with a market size of USD 21.04 million in 2024.
• The South East Asia Firestopping Service market is projected to witness growth at a CAGR of 15.6% during the forecast period, with a market size of USD 27.92 million in 2024.
• The Rest of Asia Pacific Firestopping Service market is projected to witness growth at a CAGR of 14.4% during the forecast period, with a market size of USD 28.73 million in 2024.

South America Firestopping Service Market

According to Cognitive Market Research, the global Firestopping Service market size was estimated at USD 1759.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 87.98 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.0% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Firestopping Service market size was valued at USD 37.65 million in 2024 and is projected to grow at a CAGR of 12.6% during the forecast period. Brazil's developing urbanization and large-scale infrastructure projects are driving the demand for fire-stopping products.
• Argentina's Firestopping Service market had a market share of USD 14.78 million in 2024 and is projected to grow at a CAGR of 12.9% during the forecast period. The increasing emphasis on fire safety and construction codes in Argentina is driving up demand for fire-stopping products.
• Colombia's Firestopping Service market is projected to witness growth at a CAGR of 11.8% during the forecast period, with a market size of USD 7.83 million in 2024.
• Peru Firestopping Service market is projected to witness growth at a CAGR of 12.2% during the forecast period, with a market size of USD 7.21 million in 2024.
• Chile's Firestopping Service market is projected to witness growth at a CAGR of 12.3% during the forecast period, with a market size of USD 6.33 million in 2024.
• The Rest of Latin America's Firestopping Service market is projected to witness growth at a CAGR of 11.1% during the forecast period, with a market size of USD 14.16 million in 2024.

Middle East and Africa Firestopping Service Market

According to Cognitive Market Research, the global Firestopping Service market size was estimated at USD 1759.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 35.19 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.3% from 2024 to 2031..

• The GCC Countries Firestopping Service market is projected to witness growth at a CAGR of 13.1% during the forecast period, with a market size of USD 15.06 million in 2024. The requirement for fire-stopping services has been prompted by the GCC countries' extensive infrastructure and development projects.
• The Egypt Firestopping Service market is projected to witness growth at a CAGR of 12.6% during the forecast period, with a market size of USD 3.69 million in 2024.
• The South Africa Firestopping Service market is projected to witness growth at a CAGR of 13.3% during the forecast period, with a market size of USD 5.56 million in 2024. In South Africa, there is an increasing necessity for fire-stopping services due to industrialization and new building initiatives.
• The Turkey Firestopping Service market is projected to witness growth at a CAGR of 11.8% during the forecast period, with a market size of USD 3.03 million in 2024.
• The Nigeria Firestopping Service market is projected to witness growth at a CAGR of 11.4% during the forecast period, with a market size of USD 3.69 million in 2024.
• The Rest of the MEA Firestopping Service market is projected to witness growth at a CAGR of 11.3% during the forecast period, with a market size of USD 4.15 million in 2024.

Firestopping Service Market Analysis

Firestopping Service Market Product Type Segment Analysis

According to Cognitive Market Research, Fireproof Sealants stand out as the dominant category over the projected period. Due to their vital function in improving fire safety, fireproof sealants are becoming more and more in demand in the market for fire-stopping services. To stop fires, smoke, and harmful gases from spreading, these sealants are crucial for caulking cracks and crevices in walls, floors, and ceilings. The demand for efficient fireproofing solutions, such as sealants, increases as construction activities increase and safety rules tighten. Their cost-effective approach to preserving building integrity in the event of a fire encourages their use in both new construction and renovation projects. High-quality fireproof sealants are in greater demand due to the increased emphasis on complete fire protection.

Flame retardant sprays emerge as the fastest-growing category in the Firestopping Service market. Because flame retardant sprays are so good at preventing fires, there is a growing need for them in the market for fire-stopping services. To delay the development of flames and increase their resistance to ignite, these sprays are used on a variety of materials, including cloth and wood. Flame retardant sprays are being used more frequently in both new construction and retrofit as fire safety regulations tighten and the emphasis on preventing fires grows. Their expanding use addresses the demand for complete fire-stopping solutions and is facilitated by their simplicity of deployment and capacity to offer an extra degree of security.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Firestopping Service Industry. Request a Free Sample PDF!

Firestopping Service Market Application Segment Analysis

According to Cognitive Market Research, the dominant category is Structural Penetrations. Due to their significant role in maintaining fire barriers within buildings, fire-stopping services are in considerable demand in structural penetrations. Pipe, cable, and duct structural penetrations leave gaps in walls and floors that, if improperly sealed, could jeopardize fire safety. To ensure that safety requirements are followed, stop fires and smoke from spreading via these holes, and save building occupants, effective fire-stopping measures are crucial. The market has been experiencing substantial demand due to an increasing amount of construction projects and stricter safety standards, which is creating a need for dependable fire-stopping solutions for structural penetrations.

The fastest-growing category in the Firestopping Service market is Hollow Spaces. Hollow spaces have a high need for fire-stopping services because, if left unmanaged, they can aid in the spread of smoke and fire. Because cavities in walls, floors, and ceilings can serve as fire routes, efficient firefighting is essential to preserving building safety. Ensuring that structures with multiple functions and increasing complexity are sufficiently sealed with fire-stopping materials is crucial to adhering to fire safety rules. The appetite for fire-stopping solutions that target these weak points and enable efficient containment and protection is spurred by the increased focus on building safety and fire prevention.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Firestopping Service End User Segment Analysis

Firestopping Service Market End User Segment Analysis

According to Cognitive Market Research, the dominant category is Industrial. As people become more conscious of fire safety and regulatory compliance, the desire for fire-stopping services in the industrial sector is rising. To safeguard vital infrastructure and halt the spread of fire in challenging situations, industries, including manufacturing, energy, and logistics, need reliable fire-stopping solutions. Integration with contemporary safety technologies and the use of sophisticated fire-stopping materials, such as intumescent coatings and sealants, are trends. The necessity for successful fire-stopping solutions has been strengthened by the increased emphasis on workplace safety as well as strict fire safety laws. Specialized fire-stopping services are in great demand as industrial buildings change and maintaining complete fire protection becomes increasingly critical.

The fastest-growing category in the Firestopping Service market is Commercial. Due to rigorous security requirements and the necessity to protect valuable assets, the commercial sector is witnessing a significant increase in demand for fire-stopping services. Powerful fire-stopping solutions are necessary for commercial buildings, such as offices, malls, and retail establishments, in order to maintain tenant safety and comply with fire rules. The expansion of metropolitan areas and redevelopment initiatives has increased the need for fire-stopping in new construction and restoration. Furthermore, the growing emphasis on risk management and fire safety in commercial buildings aids in the market's growth. Developments in fire-stopping materials and technology further increase the efficiency and allure of these solutions in commercial applications.

• Residential
• Industrial
• Commercial

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

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• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
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• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion