Press release
Fire Stopping Material Market: Growth Drivers, Key Players, and Trends Through 2029
Fire Stopping Material Market Growth
What Is The Projected Market Size Of The Global Fire Stopping Material Market And Its Growth Rate?
The impressive growth of the fire stopping material market is primarily informed by the listed facts and figures:
• The market worth rose from $1.64 billion in 2024 to $1.8 billion in 2025, reflecting a CAGR of 9.6%
• The growth has been driven by rigid building codes and regulations, growing awareness of fire safety, and increasing construction activities
• The market size is projected to expand to $2.76 billion by 2029, accelerating at a CAGR of 11.3%
• The factors fuelling this growth in the forecast period include rapid growth in the construction industry, sustainable and environmentally friendly solutions, stringent fire safety requirements in critical infrastructure, increasing use in retrofitting projects, and global emphasis on life safety and property protection.
What Is Driving The Growth In The Fire Stopping Material Market?
A rising number of fire incidents around the globe are significantly driving the growth of the fire-stopping materials market. These materials function to safeguard lives and property by curtailing the spread of a fire within a building's compartments. An increasing number of fire incidents, causing severe property damage and fatalities, highlights the need for stringent fire safety measures. As per a survey conducted by the National Fire Protection Association (NFPA) in 2023, approximately 1.5 million fire incidents occurred in the United States in 2022, resulting in 3,790 civilian deaths and 13,250 reported injuries. The total property damage was estimated at $18 billion. Given these numbers, the increased awareness and need for fire-stopping materials supply a significant growth driver for the market.
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Who Are the Key Players Driving Fire Stopping Material Market Growth?
• Hilti Corporation
• 3M Company
• Sika AG
• Etex Group
• Morgan Advanced Materials
• Knauf Insulation
• Compagnie de Saint-Gobain S.A
• BASF SE
• Abesco Fire Ltd.
• Fire Seals Direct
• Fischerwerke GmbH And Co. KG
• Lloyd Insulations
• Unique Fire Stop Products Inc.
• Trelleborg AB
• Rockwool International A/S
• Specified Technologies Inc.
• H. B. Fuller Company
• RectorSeal LLC
• Promat International NV
• Ruskin Company
• Tremco Incorporated
• Almese Rolf Kuhn GmbH
• Roxul Inc.
• Arkema Group
• Fosroc International Ltd.
• Atkore International
• GCP Applied Technologies Inc.
• CPG INTERNATIONAL INC.
• Fireteknics Ltd.
• Protexus Fire Systems Ltd.
What Are The Key Trends In The Fire Stopping Material Market?
The fire stopping material market is witnessing an influx of the following key trends:
• Advancements in intumescent technology
• Environmentally friendly formulations
• Flexible and sealant solutions
• Compliance with codes and standards
• Innovations in fire retardant additives
What Are The Segments Of The Global Fire Stopping Material Market?
1) By Type: Coatings, Mortar, Sealants And Fillers, Sheets And Boards, Spray, Preformed Device, Putty, Cast-In Devices, Other Types
2) By Application: Electrical, Mechanical, Plumbing, Other Applications
3) By End-User: Commercial, Industrial, Residential
Which Region Leads The Fire Stopping Material Market?
North America held the largest share in the fire-stopping materials market in 2024. However, Asia-Pacific is projected to be the fastest-growing region in the forecast period. The regions included in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Fire Stopping Material Market Global Market Report?
- Market Size Analysis: Analyze the Fire Stopping Material Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Fire Stopping Material Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Fire Stopping Material Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Fire Stopping Material Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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