Scienza e Tecnologia
Fire Stopping Materials Market worth $2.4 billion by 2026 - Exclusive Report by MarketsandMarkets™
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Electrical is the largest application segment of the fire stopping materials market. North America was the largest market for fire stopping materials in 2020, in terms of value. Factors such as increasing fire safety regulations and increase in fire incidents will drive the fire stopping materials market.
Putty is a material with high plasticity, similar in texture to clay or dough, typically used to seal gaps during construction. Firestop putty are mainly used for electrical outlet boxes, sealing pipe and cable insulation, construction joints, solid ceilings, and lightweight partitions to increase their fire-resistance.
It provides full protection against the spreading of smoke and fire during a fire accident. It also provides excellent adhesion to construction substrates and penetrants including gypsum, metal and plastic. These properties are expected to drive the demand of putty and putty pads during the forecast period.
The fire stopping materials market size for mechanical applications accounted for the second largest share of global fire stopping materials, in terms of value, in 2020 this was led by the demand from the construction industry.
There is a rise in the development of performance-oriented buildings has increased the demand for fire stopping materials in this application. Contractors and builders are now focusing on heating, ventilation, air-conditioning and energy-efficient system designs. This has derived the demand for installation of fire stopping materials, in order to build a well-versed structure with all aspects.
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The North American market accounted for the largest share globally. It is experiencing high growth on account of the increased demand for these materials in new and existing buildings. Major factors that is influencing the growth of this market is the growing construction industry, especially the rise of skyscrapers in the emerging economies. The market growth in this region is majorly driven by stricter building codes and policies.
The key market players profiled in the report include Hilti Corporation ( Liechtenstein ), 3M (US), Etex Group ( Belgium ), Knauf Insulation (US), Specified Technologies Inc (US), Sika AG( Switzerland ), RectorSeal Corporation (US), BASF SE( Germany ), RPM International Inc.(US), Morgan Advanced Materials (UK), Rolf Kuhn GmbH ( Germany ), Tenmat Ltd. (UK), Encon Insulation Ltd. (UK), Fischerwerke GmbH & Co. KG ( Germany ), Saint-Gobain Group ( France ), Rockwool International AS (UK), Supremex Equipments ( India ), Walraven ( The Netherlands ), Everkem Diversified Products (US), Abesco Fire Ltd. (UK), Lloyd Insulations ( India ), Den Braven ( The Netherlands ), HoldRite (US), Unique fire stop products Inc. (US), and Fire Seals Direct (UK).
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by Type (Intumescent Coatings, Cementitious Coatings), Technology (Solvent-borne, Water-borne), Substrates (Metal, Wood), Application Technique (Spray, Brush & Roller), Application, and Region - Global Forecast to 2025
https://www.marketsandmarkets.com/Market-Reports/fire-resistant-coating-market-95861153.html
by Type (Solvent-borne, Water-borne), End-Use (Residential, Commercial), and Region ( North America , Europe , APAC, South America , MEA) - Global Forecast to 2025
https://www.marketsandmarkets.com/Market-Reports/cellulosic-fire-protection-european-building-construction-steelwork-intumescent-coating-market-235529408.html
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