Fire Protection System Pipes Market worth $28.5 billion by 2027 | Key players Tata Steel (India), Simona AG (Germany), Astral Pipes (India), China Lesso (China), Octal Steel (China).

According to recent market research the "Fire Protection System Pipes Market by Type (Seamless, Welded), Material (Steel, CPVC, Copper), Application (Fire Suppression System, Fire Sprinkler System), End-use Industry (Residential, Industrial, Commercial), and Region- Global Forecast to 2027", size is projected to reach USD 28.5 billion by 2027 at a CAGR of 6.7% from USD 20.6 billion in 2022. Growth of the market is fueled by the growth of the construction industry, increase in loss of human lives and property due to fire breakouts, stringent regulatory compliances, and rise in the adoption of wireless technology in fire detection systems. High initial costs, concerns about false alarms and detection failures, and the high cost of upgrading traditional fire detectors to smart detectors are restraining market growth.

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The fire protection system pipes market has been segmented into commercial, residential, and industrial segments. The industrial vertical has been further segmented into energy & power; government; manufacturing; oil, gas, and mining; transportation & logistics; and others (IT and telecom, pharmaceuticals, chemicals, and pulp & paper). The commercial vertical has been further segmented into academia and institutional; office building; healthcare; hospitality; and others (retail, banking, financial services, and insurance).

The industrial segment dominated the fire protection system pipes market in 2021. The industrial segment dominated the fire protection system pipes market in 2021 and is expected to grow faster during the forecasted period. The high growth of the industrial segment is attributed to the increasing demand from the oil, gas & mining industry. Fire breakouts in offshore oil platforms, oil pumping stations, refineries, gasoline storage tanks, compressor stations, gas processing plants, and liquefied natural gas receiving facilities could become unmanageable due to harsh environments and remote locations. Thus, the industrial segment has a high demand for the installation of these systems in the oil & gas sector to prevent such fire breakouts.

The industrial segment accounted for the largest share, in terms of value, of the fire protection system pipes market in 2021. The dominance of the industrial segment is projected to continue during the forecast period due to the rising demand from various end-use industries such as energy & power, government, manufacturing, oil, gas & mining, and transportation & logistics.

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North America has been leading the fire protection systems pipes market due to a rise in strategic collaboration and innovation among market participants and demand from various end-use industries such as residential, commercial, and industrial. Increased awareness about fire safety systems and government regulations are among the significant factors driving the North America's market.
North America is a diversified market and has many fire protection system pipes manufacturing companies. These companies primarily focus on new product developments to cater to the increasing demand from end users. The North American fire protection system pipes market is driven by technological advancements in manufacturing and high-quality end products.

Major Market Players covered in the report Johnson Controls (Ireland), Tata Steel (India), Simona AG(Germany), Astral Pipes (India), China Lesso (China), Octal Steel (China), Jindal Industries Pvt. Ltd. (India), Aquatherm (Germany), Zekelman Industries (US), TPMC Steel (China).

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Johnson Controls is a provider of sustainable and smart buildings, industrial refrigeration, retail solutions, batteries, and oil and gas products. The company conducts its business in four business segments: Building Solution North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, Global Products. It offers fire protection system pipes through all the four segments. Johnson Controls provides fire protection system pipes through its wholly owned subsidiary, Tyco. In 2016, Johnson Controls and Tyco were merged to combine Johnson Controls building efficiency solutions with fire and security solution portfolio of Tyco. Johnson Controls has its presence in 150 countries worldwide. It has its presence in North America, Europe, Asia Pacific, and Others.

Tata Steel is the steel manufacturer from India. The company operates through four segments: Automotive, Industrial & General Engineering, Construction, and Agriculture. Fire protection system pipes are offered under Industrial & General Engineering, and construction segment. It offers its products & solutions to various industries, such as agriculture, automotive, construction, consumer goods, energy & power, engineering, and material handling. Tata Pipes, Tata Astrum, Galvano, Tata Bearings, Tata Precision Tubes, Tata Shakti are some of the products offered by Tata steel. Fire protection system pipes are offered under Tata Pipes, which is also a subsidiary of Tata Steel. The company has its operations in 26 countries worldwide and has commercial presence in 50 countries. It has a crude steel capacity of 33 million tons per annum. The company has its presence in North America, Europe, Asia Pacific, and Middle East & Africa, and South America.

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