The Europe Preformed Firestop Devices Market is projected to witness market growth of 5.6% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Preformed Firestop Devices Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $33.36 millions by 2031. The UK market is experiencing a CAGR of 4.7% during (2024 - 2031). Additionally, The France would exhibit a CAGR of 6.5% during (2024 - 2031).
Preformed firestop devices are installed to uphold fire safety standards in residential buildings, including apartment complexes, condominiums, and single-family homes. They are crucial around penetrations such as electrical outlets, pipes, and vents passing through fire-rated walls and floors. By sealing these openings effectively, firestop devices help compartmentalize fire hazards, allowing residents more time to evacuate safely and minimizing the risk of fire spreading between units.
Due to flammable materials, machinery, and high-volume storage areas, manufacturing plants, warehouses, and industrial complexes pose unique fire safety challenges. Preformed firestop devices are crucial in these environments to seal penetrations in fire-rated walls, floors, and partitions. In industrial environments where fire dangers are inherent, they assist in protecting assets, minimizing production downtime, and maintaining worker safety by preventing the rapid spread of smoke and fire.
The surge in fire incidents across the UK's residential, commercial, and industrial sectors has heightened awareness about fire safety among building owners, developers, and regulatory authorities. The importance of firestop systems, especially preformed firestop devices, in controlling fires and halting their spread within buildings is becoming increasingly apparent. This increased awareness has directly translated into greater demand for reliable and effective fire protection solutions.
As per the Government of the UK, fire and rescue service attended 621,552 incidents in the year ending June 2023, a 6.2% increase compared with the previous year (585,139). Of these incidents, there were 173,872 fires, a 12% increase compared with the previous year (154,877). These increases can be attributed to an 18% increase in secondary fires and a 40% increase in outdoor primary fires. Thus, increasing fire outbreaks in the region propels the market's growth.
The Germany market dominated the Europe Preformed Firestop Devices Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $33.36 millions by 2031. The UK market is experiencing a CAGR of 4.7% during (2024 - 2031). Additionally, The France would exhibit a CAGR of 6.5% during (2024 - 2031).
Preformed firestop devices are installed to uphold fire safety standards in residential buildings, including apartment complexes, condominiums, and single-family homes. They are crucial around penetrations such as electrical outlets, pipes, and vents passing through fire-rated walls and floors. By sealing these openings effectively, firestop devices help compartmentalize fire hazards, allowing residents more time to evacuate safely and minimizing the risk of fire spreading between units.
Due to flammable materials, machinery, and high-volume storage areas, manufacturing plants, warehouses, and industrial complexes pose unique fire safety challenges. Preformed firestop devices are crucial in these environments to seal penetrations in fire-rated walls, floors, and partitions. In industrial environments where fire dangers are inherent, they assist in protecting assets, minimizing production downtime, and maintaining worker safety by preventing the rapid spread of smoke and fire.
The surge in fire incidents across the UK's residential, commercial, and industrial sectors has heightened awareness about fire safety among building owners, developers, and regulatory authorities. The importance of firestop systems, especially preformed firestop devices, in controlling fires and halting their spread within buildings is becoming increasingly apparent. This increased awareness has directly translated into greater demand for reliable and effective fire protection solutions.
As per the Government of the UK, fire and rescue service attended 621,552 incidents in the year ending June 2023, a 6.2% increase compared with the previous year (585,139). Of these incidents, there were 173,872 fires, a 12% increase compared with the previous year (154,877). These increases can be attributed to an 18% increase in secondary fires and a 40% increase in outdoor primary fires. Thus, increasing fire outbreaks in the region propels the market's growth.
List of Key Companies Profiled
- Specified Technologies Inc.
- RectorSeal Corporation (CSW Industrials, Inc.)
- Knauf Insulation GmbH
- 3M Company
- BASF SE
- Etex NV
- Hilti AG
- Morgan Advanced Materials PLC
- RPM International, Inc.
- Sika AG
Market Report Segmentation
By Type- Sleeves & Pathways
- Fire Brick, Blocks, & Plugs
- Others
- Commercial
- Residential
- Industrial
- Plumbing
- Electrical
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Europe Preformed Firestop Devices Market by Type
Chapter 5. Europe Preformed Firestop Devices Market by End User
Chapter 6. Europe Preformed Firestop Devices Market by Application
Chapter 7. Europe Preformed Firestop Devices Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Specified Technologies Inc.
- RectorSeal Corporation (CSW Industrials, Inc.)
- Knauf Insulation GmbH
- 3M Company
- BASF SE
- Etex NV
- Hilti AG
- Morgan Advanced Materials PLC
- RPM International, Inc.
- Sika AG
Methodology
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