Report Description Table of Contents The fire stopping materials market in 2023 was worth USD 2.2 billion and is expected to be worth USD 4.87 billion by 2030, expanding at a CAGR of 10.47% during the forecast period. The fire stopping materials market is mainly fueled by the rising fire standards in both commercial and residential areas, especially in the most populated areas. The global urbanization rate is expected to increase by 60% by the year 2030, thus compounding the demand for better fire protection. For instance, in the U. S., Codes like NFPA 101 applied to building structures emphasize fire stopping measures, hence the need for intumnescent sealants and fire-resistant boards, among other products. Current trends include the application of superior fire stopping materials during high-rise construction, especially in the Asia-Pacific and North America, where governments have increased fire safety regulation measures after cases of other big fires. For instance, after the Grenfell Tower fire in the United Kingdom, there has been a shift to non-combustible cladding products and fire-resistant sealants to avoid such disasters in the future. These developments underline the treatment of fire spread prevention as one of the more important aspects of modern construction. The fire stopping materials market offers significant opportunities as there is a growing emphasis on fire safety in tall structures and constructions. Globally, construction output is projected to hit $15 trillion by 2030, meaning that construction companies and contractors are on the lookout for products that can prevent the spread of fire, particularly in electric conduits and pipe penetration areas. Some of these emerging products include intumescent firestop materials, which swell greatly when exposed to heat and create a barrier that slows down the burning of walls and floors. In the wake of disasters like the Grenfell Tower fire in the UK, international regulatory agencies have incorporated stricter measures towards firefighting safety, giving room for companies to establish and produce better fire stopping items. The growing awareness of passive fire protection in new building constructions, particularly in commercial and residential high rises, exhibits the growth prospects. Market Segmentation By Type Mortar Collars Boards Sealants Putty & Putty Pads Wraps/Strips By Application Mechanical Electrical Plumbing Others By End-user Commercial Residential Industrial Source By Region North America US Mexico Canada Rest of North America Europe Switzerland Russia France Germany U.K Finland Turkey Netherlands Belgium Spain Italy Rest of Europe Asia Pacific India China South Korea Japan Singapore Thailand Indonesia Malaysia Philippines Australia Rest of Asia-Pacific LAMEA Brazil Argentina Uruguay Saudi Arabia Rest of LAMEA By Type: Leading Segment: Sealants Sealants dominate the market with a share exceeding 30% which is driven by their versatility in sealing gaps around cables, pipes & ducts. They offer excellent fire resistance & are easy to apply, making them a preferred choice across residential, commercial & industrial sectors. For instance, products like Hilti's fire-resistant sealants are widely used in constructing high-rise buildings and data centers. Sealants are expected to grow steadily with a CAGR of 7% due to continued adoption in infrastructure projects. Fastest-Growing Segment: Mortar Mortar is the fastest-growing segment, with a CAGR of 9%, due to its application in large voids and structural penetrations. Its high durability & ability to withstand extreme fire conditions make it popular in industrial facilities. For example, companies like 3M offer fire-protective mortar solutions tailored for petrochemical plants & manufacturing units. By Application: Leading Segment: Electrical Applications Electrical applications hold a leading market share of around 35%, crucial in preventing fire spread through cable trays, conduits & penetrations. The rise in data centers and IT infrastructure has significantly boosted the demand for fire-stopping materials. For example, electrical fire barriers are extensively used in projects like hyperscale data centers operated by Amazon Web Services. Fastest-Growing Segment: Mechanical Applications Mechanical applications are growing at a CAGR of 8.5%, driven by the need to seal pipe penetrations in plumbing & HVAC systems. This demand is particularly strong in hospitals, airports & industrial plants, where safety standards are stringent. For instance, Intumescent wraps & strips from companies like Rockwool are commonly employed for mechanical fire protection in large infrastructure projects. By End-User: Leading Segment: Commercial The commercial sector leads the market, holding a share of approximately 40%. This is attributed to the extensive use of fire-stopping materials in office buildings, shopping malls, and hotels, where fire safety regulations are rigorous. For example, in North America and Europe, high-rise buildings utilize fire collars and boards extensively to meet building codes. Fastest-Growing Segment: Industrial The industrial sector is expanding at a CAGR of 9%, driven by the increasing number of manufacturing facilities, petrochemical plants, and warehouses requiring robust fire protection systems. Industries dealing with hazardous materials are particularly adopting advanced fire-stopping solutions. For instance, chemical processing facilities often use intumescent wraps to secure pipelines and equipment. By Region: Leading Region: North America North America holds a dominant market share of over 35%, driven by strict fire safety regulations and high investments in commercial infrastructure. The U.S. leads the region with stringent standards like NFPA (National Fire Protection Association) codes. For example, the commercial real estate boom in New York and Los Angeles has driven demand for fire-stopping materials like putty pads and sealants. Fastest-Growing Region: Asia Pacific Asia Pacific is the fastest-growing region, with a CAGR of 10.5%, driven by rapid urbanization, industrialization & infrastructure development in countries like China, India & Southeast Asia. Governments in the region are enforcing stricter fire safety regulations, boosting the adoption of fire-stopping materials. For instance, large-scale projects like China's Belt and Road Initiative use advanced fire collars and boards to ensure compliance with international fire safety standards. Key Players 3M Hilti Group Rockwool International Specified Technologies Inc. (STI) Sika AG Hempel Promat International Tremco Incorporated Fosroc International BASF SE Fire Stopping Materials Market Report Coverage Report Attribute Details Forecast Period 2024 – 2032 Market Size Value in 2023 USD 2.2 billion Revenue Forecast in 2030 USD 4.87 billion Overall Growth Rate CAGR of 10.47% Base Year for Estimation 2022 Historical Data 2017 – 2021 Unit USD Billion, CAGR (2024 - 2032) Segmentation By Type, By Application, By End-User, By Region By Type Mortar, Collars, Boards, Sealants, Putty & Putty Pads, Wraps/Strips By Application Mechanical, Electrical, Plumbing, Others By End-User Commercial, Residential, Industrial By Region North America, Europe, Asia-Pacific, LAMEA Country Scope US, Canada, Mexico, UK, Germany, France, China, Japan, India, South Korea, Australia, etc. Pricing and Purchase Options Avail customized purchase options to meet your exact research needs. Frequently Asked Question About This Report How big is the Fire Stopping Materials Market? The fire stopping materials market was valued at USD 2.2 billion in 2023 and is projected to reach USD 4.87 billion by 2030, growing at a CAGR of 10.47% during the forecast period. What are the key factors driving the growth of the Fire Stopping Materials Market? The market is primarily driven by stringent fire safety regulations in both commercial and residential constructions, especially in densely populated urban areas. The global urbanization rate is expected to increase by 60% by 2030, further compounding the demand for enhanced fire protection measures. Who are the major players in the Fire Stopping Materials Market? Leading companies in this market include 3M, Hilti Group, Specified Technologies Inc., and Tremco Incorporated. Which region held the largest Fire Stopping Materials Market share? North America holds the largest market share, attributed to increased awareness of fire safety codes in the United States and a strong emphasis on safe construction practices. Which application had the largest Fire Stopping Materials Market share? The construction and building penetrations segment held a dominant market share of around 36.7% in 2022 and is expected to grow at a lucrative pace till 2032. Building codes require proper fire stopping of penetrations to prevent fire and smoke spread through walls, floors, and ceilings. . Table of Contents 1. FIRE STOPPING MATERIALS MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030) 1.1. North America 1.2. Europe 1.3. Asia Pacific 1.4. Latin America 1.5. Middle East & Africa 2. FIRE STOPPING MATERIALS MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030) 2.1. North America 2.2. Europe 2.3. Asia Pacific 2.4. Latin America 2.5. Middle East & Africa 3. MARKET SHARE ANALYSIS – FIRE STOPPING MATERIALS MARKET 3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume 3.2. Market Share, 2023 3.3. Market By Type and End Use Outlook Analysis 4. HISTORIC TRENDS IN FIRE STOPPING MATERIALS MARKET 5. EMERGING MARKET TRENDS 6. NORTH AMERICA FIRE STOPPING MATERIALS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 6.1. North America Fire stopping materials Historical Market ($MILLION), (2017 – 2023) 6.2. North America Fire stopping materials Market ($MILLION) and Forecasts (2024 – 2030) 6.3. North America Fire stopping materials Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 6.3.1. Mortar 6.3.2. Collars 6.3.3. Boards 6.3.4. Sealants 6.3.5. Putty & Putty Pads 6.3.6. Wraps/Strips 6.4. North America Fire stopping materials Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 6.4.1. Mechanical 6.4.2. Electrical 6.4.3. Plumbing 6.4.4. Others 6.5. North America Fire stopping materials Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use 6.5.1. Commercial 6.5.2. Residential 6.5.3. Industrial Source 6.6. North America Fire stopping materials Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 6.6.1. USA 6.6.2. Canada 6.6.3. Rest of North America 7. USA FIRE STOPPING MATERIALS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8. EUROPE FIRE STOPPING MATERIALS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8.1. Europe Fire stopping materials Historical Market ($MILLION), (2017 – 2023) 8.2. Europe Fire stopping materials Market ($MILLION) and Forecasts (2024 – 2030) 8.3. Europe Fire stopping materials Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 8.4. Europe Fire stopping materials Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 8.5. Europe Fire stopping materials Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use 8.6. Europe Fire stopping materials Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 8.6.1. Germany 8.6.2. France 8.6.3. UK 8.6.4. Italy 8.6.5. Spain 8.6.6. Rest of Europe 9. APAC FIRE STOPPING MATERIALS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 9.1. APAC Fire stopping materials Historical Market ($MILLION), (2017 – 2023) 9.2. APAC Fire stopping materials Market ($MILLION) and Forecasts (2024 – 2030) 9.3. APAC Fire stopping materials Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 9.4. APAC Fire stopping materials Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 9.5. APAC Fire stopping materials Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use 9.6. APAC Fire stopping materials Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 9.6.1. China 9.6.2. Japan 9.6.3. South Korea 9.6.4. India 9.6.5. Australia 9.6.6. Rest of APAC 10. LATIN AMERICA FIRE STOPPING MATERIALS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 10.1. Latin America Fire stopping materials Historical Market ($MILLION), (2017 – 2023) 10.2. Latin America Fire stopping materials Market ($MILLION) and Forecasts (2024 – 2030) 10.3. Latin America Fire stopping materials Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 10.4. Latin America Fire stopping materials Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 10.5. Latin America Fire stopping materials Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use 10.6. Latin America Fire stopping materials Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 10.6.1. Brazil 10.6.2. Argentina 10.6.3. Rest of Latin America 11. COMPANY PROFILES: 11.1. 3M 11.1.1. Company Overview 11.1.2. Company Snapshot 11.1.3. Operating business segments 11.1.4. Product offered and Revenue 11.1.5. Production & Sales 11.2. Hilti Group 11.3. Rockwool International 11.4. Specified Technologies Inc. (STI) 11.5. Sika AG 11.6. Hempel 11.7. Promat International 11.8. OTHER MARKET PLAYERS