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Fire Collar Market Share

Report ID: GMI12110
Published Date: Nov 2024
Report Format: PDF

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Fire Collar Market Share

In 2023, key companies like Honeywell, Hilti, 3M, PFC Corofil, RectorSeal, Pemko Manufacturing, Firefly and Rosenberger Hochfrequenztechnik held a combined market share of 10%-20%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.

Resellers that consistently deliver high-quality products and reliable performance often secure a competitive advantage. Upholding stringent testing and refurbishment standards is crucial for earning customer trust. Introducing warranties or return policies can distinguish resellers in the market. By offering customer support and repair services, resellers bolster buyer confidence, rendering them more appealing. A robust online presence, characterized by user-friendly websites and active social media engagement, enables resellers to connect with a wider audience. Strategic marketing initiatives can further differentiate them from their competitors.

Fire Collar Market Companies

Major players operating in the fire collar industry are:

Honeywell
Hilti
3M
PFC Corofil
RectorSeal
Pemko Manufacturing
Firefly
Rosenberger Hochfrequenztechnik
Trelleborg
Firesafe
Ramset
Jotun Group
A.B. Chance
Flexfire
Sika

Authors: Aviansh Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for fire collar was reached USD 330.8 million in 2023 and is estimated to grow at a 5.5% CAGR from 2024 to 2032, driven by increasing safety and compliance standards across various sectors.

The cast-in collar segment was worth about USD 150 million in 2023 and is projected to expand at a 5.7% CAGR from 2024 to 2032, due to their effective fire protection during the initial stages of building construction.

The metal segment held around 61% share of the fire collar market in 2023 and is anticipated to grow at a 5.5% CAGR from 2024 to 2032, favored for their durability and fire protection efficacy.

The U.S. region dominated 82% share of the fire collar market in 2023, driven by the tightening of fire safety regulations by local, state, and national building codes.

The industry features key players such as Honeywell, Hilti, 3M, PFC Corofil, RectorSeal, Pemko Manufacturing, Firefly, Rosenberger Hochfrequenztechnik, Trelleborg, Firesafe, Ramset, Jotun Group, A.B. Chance, Flexfire, and Sika.