Global Firestop Material Market Outlook 2022

Fire blocking materials are used to block various penetrating objects, such as various openings formed when cables, air pipes, oil pipes, and air pipes pass through walls (storage) walls, floor (A) slabs, and fire separation of cable trays, so as to avoid The fire spread through these openings and crevices.
Global Firestop Material key players include 3M, HILTI, Rockwool, etc. Global top three manufacturers hold a share about 20%.
China is the largest market, with a share over 40%, followed by Europe, and North America, both have a share over 30 percent.
In terms of product, Inorganic Fireproof Material is the largest segment, with a share over 80%. And in terms of application, the largest application is Petrochemical, followed by Commercial Buildings, Communication, Electric Power, etc.

Market Analysis and Insights: Global Firestop Material Market
The global Firestop Material market was valued at US$ 2127 million in 2020 and it is expected to reach US$ 3190.8 million by the end of 2027, growing at a CAGR of 5.8% during 2021-2027.

Global Firestop Material Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Firestop Material Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Organic Fireproof Material
Inorganic Fireproof Material

Segment by Application
Petrochemical
Electric Power
Communication
Commercial Buildings
Other

By Company
HILTI
3M
INCA
Sika
Rockwool
Arkema
Yantai Jinrun Nuclear Power Materials Co., Ltd.
Tianfu Fireproof Material
Jiangsu Huaxing Fireproof Material
Hebei Antai Fireproof Material
Tianjin Anshengda Fireproof Material Co., Ltd.
Hebei Junhui Security Technology
Jiangsu Hailong Nuclear Technology Co., Ltd.
Guangzhou Baiyun Chemical Industry Co., Ltd.
Shanghai Weineng New Material Technology Co., Ltd.
Langfang Ruijian Refractories
Li'an Fire Equipment
Tianyuan Warwick Group
Shenzhen Xisier Fireproof and Insulation Material
Weicheng Fire Protection Technology

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE