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Fire Collar Market Size

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

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Fire Collar Market Size

The global fire collar market was valued at USD 330.8 million in 2023 and is estimated to grow at a CAGR of over 5.5% from 2024 to 2032, fueled by rising demand factors underscoring the heightened focus on safety, compliance, and building standards across various sectors. A key driver behind this surge is the growing awareness of fire safety regulations and codes.

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With governments and regulatory bodies tightening fire safety standards—particularly in commercial and residential buildings—the need for effective fire protection solutions, like fire collars, has intensified. Fire collars play a pivotal role in preserving the integrity of fire-rated walls and floors, ensuring that penetrations for pipes or cables do not undermine the structure's fire resistance. As architects, builders, and property developers increasingly prioritize compliance, the demand for top-tier fire collars that align with these rigorous standards continues to rise.

Fire Collar Market Report Attributes
Report Attribute	Details
Base Year:	2023
Fire Collar Market Size in 2023:	USD 330.8 Million
Forecast Period:	2024 – 2032
Forecast Period 2024 – 2032 CAGR:	4.5%
2024 – 2032 Value Projection:	USD 533 Million
Historical Data for:	2021 - 2023
No. of Pages:	220
Tables, Charts & Figures:	180
Segments covered:	Type, Material, Application, Distribution Channel and Region
Growth Drivers:	Increasing construction activities Rapid urbanization
Pitfalls & Challenges:	Market saturation and intense competition Sustainability concerns

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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.