Global Flexible Firestop Sealant Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application

Summary

Flexible firestop sealant are specific type of sealants that help avert the spread of fire. They prevent the fire from spreading by sealing openings to fire-rated interiors of a building construction, floors, ceilings or wall assemblies. They are possessing fire resistant properties with exceptional longevity, as well as greatly reducing the formulation of smoke and other harmful toxins. They could also additionally act as an acoustic barrier by reducing the transfer of noise. Flexible firestop sealant are paintable, and can also be easily cleaned with water.
The industry is relatively concentration, the key brand include 3M Company, Hilti, Rockwool, H. B. Fuller, Bostik (Arkema), Tremco, Everbuild (Sika AG), Specified Technologies, Fosroc (JMH Group), Pecora, Trafalgar Fire, Promat, Metacaulk (Rectorseal), Entc Nuclear Technology, Bai Yun Chemical, Nelson Firestop (Emerson) and so on. The 3M Company and Hilti are the leaders.

Price in US and EU is much higher than that of China and other developing countries due to their high quality and powerful functionalities. Developing countries such as China and India is more likely to attract more investment opportunity for their potential demand.

Flexible firestop sealant require no maintenance when installed in accordance with the specifications mentioned by the manufacturer; which, in turn has surged the market demand for them. It is expected that with rising concern for safety and security of lives and property worldwide, the market for flexible firestop sealant will grow consistently over the next few years.

Besides, manufacturers of flexible firestop sealant have been implementing aggressive advertising, pricing, marketing and distribution strategies so as to augment their volume sales and thereby, increase market penetration. This is expected to boost growth of the flexible firestop sealant market in the near future.

Manufacturers of flexible firestop sealant have also been focusing on developing products with additional features, such as enabling these sealants to additionally act as barriers against airborne sound transmission. Ease of application of flexible firestop sealant has also been an important criteria attributing to the growth in their demand.

However, a challenge which needs to be addressed by manufacturers of flexible firestop sealant is that many building contractors do not specialize in the installation of flexible firestop sealant, and are not conversant with installation procedures. Hence, direct training and education would be necessary for these contractors, or for distributors and interior systems specialist, who would in turn provide training to wholesale purchasers and building contractors who install flexible firestop sealant.

The global Flexible Firestop Sealant market was 550 million US$ in 2018 and is expected to 960 million US$ by the end of 2025, growing at a CAGR of 7.3% between 2019 and 2025.

This report studies the Flexible Firestop Sealant market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Flexible Firestop Sealant in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
3M Company
Hilti
Rockwool
H. B. Fuller
Bostik (Arkema)
Tremco
Everbuild (Sika AG)
Specified Technologies
Fosroc (JMH Group)
Pecora
Trafalgar Fire
Promat
Metacaulk (Rectorseal)
Entc Nuclear Technology
Bai Yun Chemical
Nelson Firestop (Emerson)
By the product type, the market is primarily split into
Elastomeric Type
Intumescent Type
By the end users/application, this report covers the following segments
Elastomeric Type
Intumescent Type

We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives of this report are:
To study and analyze the global Flexible Firestop Sealant market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Flexible Firestop Sealant market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Flexible Firestop Sealant manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Flexible Firestop Sealant with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Flexible Firestop Sealant submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Flexible Firestop Sealant are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million USD) and volume (Ton). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Flexible Firestop Sealant market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries

Available Customizations
With the given market data, The offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Flexible Firestop Sealant market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.