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Firestop Sealants Market Share

Report ID: GMI4338
Published Date: Nov 2024
Report Format: PDF

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Firestop Sealants Market Share

The market is fragmented, with several regional companies operating on a global scale. Together these companies hold a market share of 30%-35% of the total market. Many regional companies have established strong footholds in their domestic markets and are expanding internationally to meet the global demand for fire safety solutions. This competitive landscape encourages innovation, with companies continually developing specialized, compliant products to differentiate themselves, resulting in a dynamic market that meets varied global fire protection standards.

Firestop Sealants Market Companies

Major players operating in the firestop sealants industry are:

3M
Bostik (Arkema Group)
Everkem Diversified Products
Flame Stop
Fosroc
H.B. Fuller
Hilti
Metacaulk (RectorSeal)
Pecora
Promat International
RectorSeal
Sika
Specified Technologies (STI)
Trafalgar Fire
Tremco

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global firestop sealants industry was valued at USD 457 million in 2023 and is estimated to grow at a 5.1% CAGR from 2024 to 2034, driven by rapid urbanization and extensive infrastructure projects.

The silicone segment recorded USD 297 million in 2023 and is expected to grow at a 5.2% CAGR during the forecast period due to its flexibility, durability, and resistance to extreme temperatures and environmental conditions.

The U.S. dominated the North American firestop sealants market with a 75.4% share in 2023 and is projected to grow at a 5% CAGR, driven by a robust construction sector and stringent fire safety regulations.

Key players in the industry include 3M, Bostik (Arkema Group), Everkem Diversified Products, Flame Stop, Fosroc, H.B. Fuller, Hilti, Metacaulk (RectorSeal), Pecora, Promat International, and RectorSeal.