Flexible Firestop Sealant Market Growth 2019-2024

Posted by ridhima malik on February 13th, 2019

Abstract:

Flexible Firestop Sealant Market  are specific type of sealants that help avert the spread of fire. They prevent the fire from spreading by sealing openings to fire-rated interiors of a building construction, floors, ceilings or wall assemblies. They are possessing fire resistant properties with exceptional longevity, as well as greatly reducing the formulation of smoke and other harmful toxins. They could also additionally act as an acoustic barrier by reducing the transfer of noise. Flexible firestop sealant are paintable, and can also be easily cleaned with water.

According to this study, over the next five years the Flexible Firestop Sealant market will register a 7.2% CAGR in terms of revenue, the global market size will reach US$ 830 million by 2024, from US$ 550 million in 2019.

 In particular, Flexible Firestop Sealant Market  report presents the global market share (sales and revenue) of key companies in Flexible Firestop Sealant business, shared in Chapter 3.

The industry is relatively concentration, the key brand include 3M Company, Hilti, Rockwool, H. B. Fuller, Bostik (Arkema), Tremco, Everbuild (Sika AG), Specified Technologies, Fosroc (JMH Group), Pecora, Trafalgar Fire, Promat, Metacaulk (Rectorseal), Entc Nuclear Technology, Bai Yun Chemical, Nelson Firestop (Emerson) and so on. The 3M Company and Hilti are the leaders.

Price in US and EU is much higher than that of China and other developing countries due to their high quality and powerful functionalities. Developing countries such as China and India is more likely to attract more investment opportunity for their potential demand.

Flexible firestop sealant require no maintenance when installed in accordance with the specifications mentioned by the manufacturer; which, in turn has surged the market demand for them. It is expected that with rising concern for safety and security of lives and property worldwide, the market for flexible firestop sealant will grow consistently over the next few years.

Besides, manufacturers of flexible firestop sealant have been implementing aggressive advertising, pricing, marketing and distribution strategies so as to augment their volume sales and thereby, increase market penetration. This is expected to boost growth of the flexible firestop sealant market in the near future.

Manufacturers of flexible firestop sealant have also been focusing on developing products with additional features, such as enabling these sealants to additionally act as barriers against airborne sound transmission. Ease of application of flexible firestop sealant has also been an important criteria attributing to the growth in their demand.

However, a challenge which needs to be addressed by manufacturers of flexible firestop sealant is that many building contractors do not specialize in the installation of flexible firestop sealant, and are not conversant with installation procedures. Hence, direct training and education would be necessary for these contractors, or for distributors and interior systems specialist, who would in turn provide training to wholesale purchasers and building contractors who install flexible firestop sealant.

Flexible Firestop Sealant Market  report presents a comprehensive overview, market shares, and growth opportunities of Flexible Firestop Sealant market by product type, application, key manufacturers and key regions and countries.

This study considers the Flexible Firestop Sealant value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Elastomeric Type
  • Intumescent Type

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Elastomeric Type
  • Intumescent Type

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The Flexible Firestop Sealant Market  report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

Flexible Firestop Sealant Market  Major Manufacturers :-

The key manufacturers covered in Flexible Firestop Sealant Market  report: Breakdown data in in Chapter 3.

  • 3M Company
  • Hilti
  • Rockwool
  • H. B. Fuller
  • Bostik (Arkema)
  • Tremco
  • Everbuild (Sika AG)
  • Specified Technologies
  • Fosroc (JMH Group)
  • Pecora
  • Trafalgar Fire
  • Promat
  • Metacaulk (Rectorseal)
  • Entc Nuclear Technology
  • Bai Yun Chemical
  • Nelson Firestop (Emerson)

In addition, Flexible Firestop Sealant Market  report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Flexible Firestop Sealant consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of Flexible Firestop Sealant market by identifying its various subsegments.
  • Focuses on the key global Flexible Firestop Sealant manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Flexible Firestop Sealant with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Flexible Firestop Sealant submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.
 

Table of content

2019-2024 Global Flexible Firestop Sealant Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Flexible Firestop Sealant Consumption 2014-2024
2.1.2 Flexible Firestop Sealant Consumption CAGR by Region
2.2 Flexible Firestop Sealant Segment by Type
2.2.1 Elastomeric Type
2.2.2 Intumescent Type
2.3 Flexible Firestop Sealant Consumption by Type
2.3.1 Global Flexible Firestop Sealant Consumption Market Share by Type (2014-2019)
2.3.2 Global Flexible Firestop Sealant Revenue and Market Share by Type (2014-2019)
2.3.3 Global Flexible Firestop Sealant Sale Price by Type (2014-2019)
2.4 Flexible Firestop Sealant Segment by Application
2.4.1 Elastomeric Type
2.4.2 Intumescent Type
2.5 Flexible Firestop Sealant Consumption by Application
2.5.1 Global Flexible Firestop Sealant Consumption Market Share by Application (2014-2019)
2.5.2 Global Flexible Firestop Sealant Value and Market Share by Application (2014-2019)
2.5.3 Global Flexible Firestop Sealant Sale Price by Application (2014-2019)

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ridhima malik

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ridhima malik
Joined: October 22nd, 2018
Articles Posted: 255

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