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 is valued at 550 million US$ in 2018 is expected to reach 960 million US$ by the end of 2025, growing at a CAGR of 7.3% during 2019-2025.
This report focuses on Flexible Firestop Sealant volume and value at global level, regional level and company level. From a global perspective, this report represents overall Flexible Firestop Sealant market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
H. B. Fuller
Everbuild (Sika AG)
Fosroc (JMH Group)
Entc Nuclear Technology
Bai Yun Chemical
Nelson Firestop (Emerson)
Segment by Regions
Segment by Type
Segment by Application