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Firestop Sealants Market Share

Name: Firestop Sealants Market Report Statistics and Industry Analysis – 2025
Creator: Global Market Insights
License: https://www.gminsights.com/privacy-policy

Report ID: GMI4338
Published Date: Sep 2019
Report Format: PDF

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Firestop Sealants Market Share

Global firestop sealants market analysis is moderately fragmented and competitive with major manufacturers including

3M
Tremco
HILTI Corp.
Bostik (Arkema)
Sika AG

Manufacturers are primarily involved in varying strategies including mergers & acquisitions, partnerships, joint ventures and capacity expansion to implement new technology for increasing production capacity to meet the ever-rising product demand.

For instance, in August 2017, Sika AG announced acquisition of ABC Sealants, a Turkish based manufacturer of sealants and adhesives. Through this acquisition, the company will be able to cater the growing fire barrier sealants market in the Middle East region and support customer need for efficient fireproofing products.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The overall firestop sealants market acquired a revenue share of $400 Mn in 2018.

As per estimates, firestop sealants industry would account a crcr of 4% through 2025.

According to the report published by Global Market Insights Inc., the firestop sealants business is expected to hit $500 million (USD) by 2025.

Infrastructural development and renovation projects will drive the product growth, stringent regulations pertaining to safety and precaution against fire in Europe and rebounding construction activities coupled with rise of automotive sector are the key factors expected to drive the growth of global market.

3M Company, Hilti Corporation, H. B. Fuller, Bostik (Arkema), Tremco Corporation, Sika AG, Specified Technologies, Fosroc (JMH Group), Nelson Firestop (Emerson), Metacaulk (Rectorseal), Pecora, Bai Yun Chemical are the top contributors in the industry.