Preformed Firestop Devices Market Introduction and Overview
According to SPER Market Research, the Global Preformed Firestop Devices Market is estimated to reach USD 626.89 million by 2033 with a CAGR of 6.28%.
The report includes an in-depth analysis of the Global Preformed Firestop Devices Market, including market size and trends, product mix, applications, and supplier analysis. Firestops allude to actual obstructions that stop dangerous gases, blazes, and noxious smoke from spreading using openings formed during building remodels and the establishment of correspondences, plumbing, electrical, and ventilation frameworks, and oil pipes. Obstructions may likewise be utilized to fill openings in heat-proof walls and floors. It ordinarily comprises pliable materials that fill holes between courses, wires, lines, and walls as they move between spaces, like, a line through a fire-evaluated wall. Preformed firestop gadgets become a component that can be utilized here and there to arrive at a specific security target. These firestop gadgets are introduced in chiefly two applications, including the highest point of a wall, drapery wall (edge of a slab), or floor-to-floor joints are instances of where two gatherings converge to frame a development joint, around heatproof structure entrances for the entry of links, pipes, or central air frameworks.
- In September 2020: Etex declared the securing of FSi Limited, an English firm gaining practical experience in detached fire insurance frameworks with a specific accentuation fire halting. FSi has an assembling site in Measham, East Midlands, and a conveyance community in West Thurrock, Greater London Area. FSi has a 20-year history of creating, producing, and dispersing worked-in fire counteraction frameworks to safeguard foundations and resources everywhere. The product offering of the firm incorporates all that from heatproof and intumescent sealants to ablative-covered stone fleece batts and other specialty fire-halting merchandise.
Market Opportunities and Challenges
Opportunities- The development of the Global Preformed Firestop Devices market is driven by an ascend in worldwide foundation projects, which is further likely to give huge learning experiences to market players. Enormous ventures by different legislatures all over the planet prompted the development of airports, bridges, roadways, and public structures that should help the development rate. This framework must be developed with the most extreme fire security hardware in structures and private. Besides, the execution of rigid principles regarding fire security in construction standards and guidelines is supposed to help the development of the worldwide preformed firestop gadgets market. Additionally, private developments worldwide are setting out new open doors for the Global Preformed Firestop Devices Market over the coming years.
Challenges- The forthright expenses of buying and installing preformed firestop devices can be significant for building proprietors, engineers, and project workers. These expenses incorporate the acquisition of firestop gadgets themselves, particular establishment gear, and gifted work to guarantee legitimate establishment. High introductory expenses can strain the financial plans of development projects, especially for more modest organizations, private turns of events, and public framework projects with restricted subsidizing. In this way, high starting expenses are hampering the development of the market. Also, the absence of mindfulness regarding fire wellbeing in agricultural countries is expected to hamper the development of the worldwide preformed firestop gadgets market. A divided market also makes normalization and intensity more troublesome due to the presence of different small and enormous firms.
Market Competitive Landscape
The Global Preformed Firestop Devices Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are Diamorph Group (Tenmat), Etex Group, Emerson Electric Co, Hilti Corporation, Knauf Insulation, Passafe Fire Protection Ltd, RPM International, Specified Technologies Inc, and 3M and others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Application, By End User.
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| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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| Companies Covered | Diamorph Group (Tenmat), Etex Group, Emerson Electric Co, Hilti Corporation, Knauf Insulation, Passafe Fire Protection Ltd, RPM International, Specified Technologies Inc, and 3M. |
COVID-19 Impact on Global Preformed Firestop Devices Market
The market for Global Preformed Firestop Devices market has been significantly impacted by the COVID-19 outbreak. The market for Global Preformed Firestop Devices saw a dip in demand as a result of lockdowns and decreased construction activities and retail establishments. Besides creating setbacks for the conveyance of natural substances, creation, and final product transportation, the pandemic has likewise caused disturbances in the store network.
Key Target Audience:
- Construction Companies
- Architects and Engineers
- Building Owners and Facility Managers
- Government and Regulatory Bodies
- Fire Protection Consultants
- Manufacturers and Distributors
- Insurance Companies
Our in-depth analysis of the Preformed Firestop Devices Market includes the following segments:
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By Type:
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Sleeves & Pathways
Fire Brick
Blocks
Plugs
Others
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By Application:
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Plumbing
Electrical
Others
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By End User:
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Residential
Commercial
Industrial
Others
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Key Topics Covered in the Report:
- Global Preformed Firestop Devices Market Size (FY’2024-FY’2033)
- Overview of Global Preformed Firestop Devices Market
- Segmentation of Global Preformed Firestop Devices Market By Type (Sleeves & Pathways, Fire Brick, Blocks, & Plugs and Others)
- Segmentation of Global Preformed Firestop Devices Market By Application (Plumbing, Electrical and Others)
- Segmentation of Global Preformed Firestop Devices Market By End User (Residential, Commercial, Industrial and Others)
- Statistical Snap of Global Preformed Firestop Devices Market
- Expansion Analysis of Global Preformed Firestop Devices Market
- Problems and Obstacles in Global Preformed Firestop Devices Market
- Competitive Landscape in the Global Preformed Firestop Devices Market
- Impact of COVID-19 and Demonetization on Global Preformed Firestop Devices Market
- Details on Current Investment in Global Preformed Firestop Devices Market
- Competitive Analysis of Global Preformed Firestop Devices Market
- Prominent Players in the Global Preformed Firestop Devices Market
- SWOT Analysis of Global Preformed Firestop Devices Market
- Global Preformed Firestop Devices Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Preformed Firestop Devices Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Preformed Firestop Devices Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Preformed Firestop Devices Market
7. Global Preformed Firestop Devices Market, By Type (USD Million) 2020-2033
7.1. Global Preformed Firestop Devices Market Size, Share and Forecast, By Type, 2020-2026
7.2. Global Preformed Firestop Devices Market Size, Share and Forecast, By Type, 2027-2033
7.3. Sleeves & Pathways
7.4. Fire Brick
7.5. Blocks
7.6. Plugs
7.7. Others
8. Global Preformed Firestop Devices Market, By Application (USD Million) 2020-2033
8.1. Global Preformed Firestop Devices Market Size, Share and Forecast, By Application, 2020-2026
8.2. Global Preformed Firestop Devices Market Size, Share and Forecast, By Application, 2027-2033
8.3. Plumbing
8.4. Electrical
8.5. Others
9. Global Preformed Firestop Devices Market, By End User (USD Million) 2020-2033
9.1. Global Preformed Firestop Devices Market Size, Share and Forecast, By End User, 2020-2026
9.2. Global Preformed Firestop Devices Market Size, Share and Forecast, By End User, 2027-2033
9.3. Residential
9.4. Commercial
9.5. Industrial
9.6. Others
10. Global Preformed Firestop Devices Market Forecast, 2020-2033 (USD Million)
10.1. Global Preformed Firestop Devices Market Size and Market Share
11. Global Preformed Firestop Devices Market, By Region, 2020-2033 (USD Million)
11.1. Global Preformed Firestop Devices Market Size and Market Share By Region (2020-2026)
11.2. Global Preformed Firestop Devices Market Size and Market Share By Region (2027-2033)
11.3. Asia-Pacific
11.3.1. Australia
11.3.2. China
11.3.3. India
11.3.4. Japan
11.3.5. South Korea
11.3.6. Rest of Asia-Pacific
11.4. Europe
11.4.1. France
11.4.2. Germany
11.4.3. Italy
11.4.4. Spain
11.4.5. United Kingdom
11.4.6. Rest of Europe
11.5. Middle East and Africa
11.5.1. Kingdom of Saudi Arabia
11.5.2. United Arab Emirates
11.5.3. Qatar
11.5.4. South Africa
11.5.5. Egypt
11.5.6. Morocco
11.5.7. Nigeria
11.5.8. Rest of Middle-East and Africa
11.6. North America
11.6.1. Canada
11.6.2. Mexico
11.6.3. United States
11.7. Latin America
11.7.1. Argentina
11.7.2. Brazil
11.7.3. Rest of Latin America
12. Company Profile
12.1. Diamorph Group (Tenmat)
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Type summary
12.1.4. Recent developments
12.2. Etex Group
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Type summary
12.2.4. Recent developments
12.3. Emerson Electric Co
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Type summary
12.3.4. Recent developments
12.4. Hilti Corporation
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Type summary
12.4.4. Recent developments
12.5. Knauf Insulation
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Type summary
12.5.4. Recent developments
12.6. Passafe Fire Protection Ltd
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Type summary
12.6.4. Recent developments
12.7. RPM International
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Type summary
12.7.4. Recent developments
12.8. Specified Technologies Inc
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Type summary
12.8.4. Recent developments
12.9. 3M
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Type summary
12.9.4. Recent developments
12.10. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links