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Global Fire Collars Market Size study, by Type (Stainless Steel Cases, Steel Cases, Others), by Application (Office Buildings, Hospitals, Shopping Centers, Others) and Regional Forecasts 2024-2032

Global Fire Collars Market Size study, by Type (Stainless Steel...

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Global Fire Collars Market Size study, by Type (Stainless Steel Cases, Steel Cases, Others), by Application (Office Buildings, Hospitals, Shopping Centers, Others) and Regional Forecasts 2024-2032
Global Fire Collars Market Size...
Report Code
RO2/103/1327

Publish Date
13/Sep/2024

Pages
200
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The Global Fire Collars Market was valued at approximately USD 331.9 million in 2023 and is anticipated to grow with a healthy growth rate of more than 5.2% over the forecast period 2024-2032. Fire collars are essential in preventing the spread of fire in various settings such as office buildings, hospitals, shopping centers, and other public and commercial places. These devices are designed to seal flammable pipes that penetrate walls and floors, maintaining the integrity and fire resistance level of buildings. By stopping the spread of heat, smoke, fire, and gas between compartments of a building, fire collars play a critical role in passive fire protection. They are particularly effective for pipes made from Polyvinyl Chloride (PVC), High-density Polyethylene (HDPE), Polypropylene (PP), and Acrylonitrile Butadiene Styrene (ABS).

The implementation of stringent building regulations worldwide is a significant factor boosting the fire collars market revenue. Major countries have established strict rules and mandates to ensure fire safety in residential and commercial buildings, requiring the use of fire collars to maintain fire compartmentation. Additionally, the rise in cases of fires due to global temperature increases and lapses in fire safety measures is propelling the market's expansion. This increase in fire incidents worldwide is expected to offer lucrative growth opportunities to vendors in the global fire collars market as the demand for fire safety products grows. The demand for fire collars is heavily influenced by fire safety regulations and building codes in residential, commercial, and industrial buildings. Technological advancements and innovations in fire collar designs and materials are also driving the market. The development of more advanced intumescent materials and improvements in collar design are enhancing fire resistance and longevity.

The key regions considered in the study include Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. The Asia-Pacific region is the leading and fastest-growing region in the global fire collars market. This rapid growth is driven by several factors, including the region's significant urbanization and industrialization rates, which increase the demand for advanced fire safety solutions. Additionally, stringent government regulations and building codes focused on fire safety standards are propelling the adoption of fire collars in new constructions and renovations. The region's burgeoning construction sector, particularly in countries like China, India, and Japan, further fuels market expansion. The increasing awareness of fire safety among businesses and consumers, coupled with technological advancements in fire protection products, also contributes to the robust growth of the fire collars market in the Asia-Pacific region.

Major market players included in this report are:
STI Firestop
Snap Fire Systems
ROCKWOOL A/S
Promat (Etex Group)
RFT
PFC Corofil
Pyropanel (ASSA ABLOY)
Walraven
KBS Corporate Sales Ltd.
Allproof
Hilti
RectorSeal
Ramset
Fondital (Marvon)
Temati
The detailed segments and sub-segment of the market are explained below:
By Type:
Stainless Steel Cases
Steel Cases
Others
By Application:
Office Buildings
Hospitals
Shopping Centers
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
ROE
Asia Pacific
China
India
Japan
South Korea
Australia
RoAPAC
Latin America
Brazil
Mexico
RoLATAM
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

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