Press release
Worldwide Fire Barrier Sealant Market Growth, Forecast and Value Chain 2017 – 2027
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.
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Considering the vital applications of fire barrier sealants pertaining to safety and security, study of the global fire barrier sealants becomes an important read.
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.
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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
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