Recent Study: Fire Barrier Sealant Market | Global Industry Analysis and Opportunity Assessment 2017-2027

The Latest Research Report Fire Barrier Sealant Market: Global Industry Analysis and Opportunity Assessment 2017-2027 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

Fire barrier sealants 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 could also additionally act as an acoustic barrier by reducing the transfer of noise. Fire barrier sealants are paintable, and can also be easily cleaned with water.

Fire barrier sealants typically find applications in mechanical, electrical, and plumbing, where sealing is necessary to prevent spread of fire through openings formed by the penetration of various types of communication and power cables, insulated pipes, pipes, conduits, busways, combos, cable trays and HVAC duct penetrations.

Latest fire barrier sealant manufacturing technologies have produced latex-based gun-grade ready to use fire barrier sealants that dry to create a monolithic firestop seal. When mounted through a fire-resistive or penetration joint assembly system, such a fire barrier sealant helps limit the spread of smoke, and toxic gases before, during and after fire exposure.

Considering the vital applications of fire barrier sealants pertaining to safety and security, study of the global fire barrier sealants becomes an important read.

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Market Segmentation

On the basis of application type, the global fire barrier sealant market is segmented as follows:

Mechanical
Electrical
Plumbing

Key Trends, Drivers

Fire barrier sealants 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 fire barrier sealants will grow consistently over the next few years.

Besides, manufacturers of fire barrier sealants 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 fire barrier sealants market in the near future.

Manufacturers of fire barrier sealants 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 fire barrier sealants has also been an important criteria attributing to the growth in their demand.

It has been observed that countries have been imposing regulatory guidelines on manufacturers of fire barrier sealants in order to maintain product quality. For instance, in Canada, the National Building Code (NBC) of Canada needs manufacturers to test each of their fire barrier sealant products through every possible application, in order to confirm their performance. For instance, a fire barrier sealant must pass the NBC’s test procedures for a copper pipe penetrating a gypsum wall, a concrete wall, a wooden floor and other rated assemblies. This is expected to drive the quality standards of fire barrier sealants, thereby driving their demand and subsequent market growth, as potential customers are convinced about their usage benefits.

However, a challenge which needs to be addressed by manufacturers of fire barrier sealants is that many building contractors do not specialize in the installation of fire barrier sealants, 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 fire barrier sealants.

It has been observed that fire barrier sealants are relatively less expensive as compared to other fire stopping materials, such as collars or sleeves in simpler applications. This has created a potential for future market growth of fire barrier sealants, as customers are expected to opt for them as efficient and cost-effective solutions.

Market Participants

Examples of some of the market participants in the global fire barrier sealant market are as follows:

3M Company
Specified Technologies Inc.
Tremco Incorporated
Hernon Manufacturing, Inc.
Fosroc
ROCKWOOL International A/S
Pecora Corporation
Everbuild
Trafalgar Fire
H. B. Fuller

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

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Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.

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