Fire Stopping Material Market Outlook from 2024 to 2034
The fire stopping material market is expected to be valued at US$ 2.1 billion in 2024 and reach US$ 6.5 billion by 2034. The market is projected to register a CAGR of 12.2% over the forecast period.
Key Market Drivers
The market generated an estimated revenue of US$ 1.0 billion in 2019. The market grew at a CAGR of 16.00% from 2019 to 2023. Several reasons can be attributed to this growth:
Growing awareness among builders, architects, and end users about the critical importance of fire safety measures in construction projects
Rapid urbanization and infrastructure development, especially in emerging economies such as India, China, Brazil, Japan, etc.
Continuous advancements in fire-stopping technologies and materials, offering improved performance and ease of installation
The rise in fire-related accidents globally is creating awareness about the need for robust fire protection measures
The growing trend of constructing high-rise buildings and complex structures prompted the increased use of advanced fire-stopping materials to address these specific requirements
The global emphasis on sustainable and resilient construction practices led to the incorporation of fire-stopping materials as part of comprehensive safety and environmental strategies in building projects
Rising investments in the real estate sector globally, coupled with a growing demand for quality construction materials
Attributes
Key Statistics
Fire Stopping Material Market Value (2024)
US$ 2.1 billion
Anticipated Market Value (2034)
US$ 6.5 billion
Estimated Growth (2024 to 2034)
12.2% CAGR
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Consumption Analysis of Fire Stopping Materials
The market is experiencing increasing demand from builders and construction companies. These companies incorporate these materials into the construction process to comply with safety regulations and enhance the overall fire resistance of buildings.
The adoption of fire stopping materials is also widespread among professionals involved in designing and planning buildings to ensure that fire safety is integrated into the structural elements of a project.
There is rising adoption of fire stopping materials in government agencies and regulatory bodies that set standards and codes that mandate using fire stopping materials in construction projects.
The use of fire stopping material is also growing among contract research organizations as they rely on it for outsourced research and development activities across the pharmaceutical and biotechnology sectors.
The growing adoption of fire stopping material is also observed in institutions, such as schools, universities, and healthcare facilities, to enhance the fire resistance of their buildings.
Factors Adversely Affecting the Fire Stopping Material Market
The fire stopping material market is anticipated to surpass a global valuation of US$ 6.5 billion by 2034, expanding at a 12.2% CAGR. While the market is expected to experience remarkable growth, several restraining factors could adversely affect its development:
The initial costs associated with the purchase and installation of advanced fire-stopping materials are the biggest hurdle for budget-conscious construction projects, potentially slowing market growth.
The limited awareness among some builders and stakeholders about the benefits and necessity of fire stopping materials also hinders the market’s growth.
Concerns about the visual impact of fire stopping materials on the aesthetics of buildings may influence some architects and builders to opt for alternative solutions
The emergence of alternative fire safety technologies or materials, such as advanced sprinkler systems, intumescent coatings, and gaseous fire suppressions, also diverts attention and investment away from traditional fire stopping materials, affecting their market share and growth.
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Comparative View of Adjacent Markets
The section provides a comparative analysis of three related markets, which are the fire stopping material market, the fire system sprinkler material market, and the fire resistant paint market. The growth rates and the current market valuation have been mentioned in the table below. The growth factors and critical challenges in the respective markets have also been discussed below. Based on these numbers, the market for fire stopping material is anticipated to overpower the other two in the coming future.
Fire Stopping Material Market:
Attributes
Fire Stopping Material Market
CAGR (2024 to 2034)
12.2%
Growth Factor
The expanding construction industry, particularly in developing economies, coupled with rising incidences of fire-related accidents
Challenges
Resistance or reluctance among certain builders to comply with stringent fire safety regulations
Fire Sprinkler System Market:
Attributes
Fire Sprinkler System Market
CAGR (2024 to 2034)
5.9%
Growth Factor
Rising fire protection spending by numerous businesses to prevent the loss of life and property due to fire
Challenges
Slower adoption due to factors such as limited resources, lack of awareness, and a focus on more immediate construction priorities
Fire Resistant Paints Market:
Attributes
Fire Resistant Paints Market
CAGR (2024 to 2034)
3.8%
Growth Factor
Ongoing infrastructure development projects, including commercial and residential construction
Challenges
Proper application of fire-resistant paints requires skilled labor and adherence to specific application guidelines
Category-wise Insights
Sealants Gaining Momentum in the Construction and Infrastructure Development Sector
Attributes
Details
Top Type
Sealants
CAGR (2024 to 2034)
12.00%
Depending on the type, the fire stopping material market is bifurcated into sealants, mortar, boards, etc. The sealants segment dominates the market, growing at a CAGR of 12.0% through 2034.
The significance of sealants in the construction and infrastructural development sector is rising as they are often used to create fire barriers by sealing joints, gaps, and penetrations in building elements. This helps prevent the spread of fire, smoke, and toxic gases between compartments.
Sealants are versatile and can be used in various applications, including sealing joints, gaps, and cracks in different surfaces. Their demand in a broad spectrum of industries is because they adapt well to different materials and substrates, making them suitable for various construction and industrial purposes.
Sealants also exhibit considerable flexibility, allowing them to accommodate movement and expansion/contraction of building materials. This flexibility makes them suitable for areas prone to temperature variations or structural movement.
Extensive Electrical Applications of Fire Stopping Materials
Attributes
Details
Top Applications
Electrical
CAGR (2024 to 2034)
11.8%
Based on applications, the fire stopping material market is categorized into electrical, mechanical, plumbing, etc. The electrical segment dominates the market and is anticipated to grow at a CAGR of 11.8% through 2034.
Fire safety materials are becoming increasingly popular in the electrical sector as they are used to seal openings around electrical penetrations such as conduits, cables, and wiring as they pass through fire-rated walls or floors. This helps prevent the spread of fire and smoke between compartments, maintaining fire containment.
The reliance on fire safety materials for the integrity of fire-rated structures has increased their demand in the construction and infrastructure development sector.
Fire safety materials are also in great demand as they help prevent the transmission of smoke and toxic gases through openings created by electrical conduits or cable penetrations.
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Country-wise Insights
The section provides an analysis of the fire stopping material market by country, including Japan, China, the United States, South Korea, and the United Kingdom. The table presents the CAGRs for each country through 2034.
Countries
CAGR (2024 to 2034)
South Korea
14.20%
Japan
13.80%
United Kingdom
13.20%
China
12.80%
United States
12.50%
Fire Stopping Material Market in South Korea
South Korea is one of the leading countries in this market. The South Korean fire stopping material market is anticipated to retain its dominance by progressing at a CAGR of 14.20% till 2034.
The country's widespread industrial growth, including the manufacturing and technology sectors, has increased demand for fire stopping materials to enhance safety measures in industrial facilities.
The South Korean market is also growing due to rising construction activities driven by infrastructure development projects, residential building construction, and commercial real estate expansion.
Fire Stopping Material Market in Japan
Japan is another Asian country leading the fire stopping material market. The Japanese market is anticipated to retain its dominance by progressing at an annual growth rate of 13.80% till 2034.
Japan's market is growing due to a significant focus on renovation activities, where fire stopping materials are adopted to upgrade existing structures and ensure compliance with modern safety standards.
Besides this, the Japanese islands are also prone to frequent tsunamis and earthquakes yearly. This has also surged the adoption of fire stopping materials as they contribute to overall safety and resilience in the face of earthquakes and other calamities.
Fire Stopping Material Market in the United Kingdom
In the European region, the United Kingdom dominates the fire stopping material market. The United Kingdom market is anticipated to exhibit an annual growth rate of 13.20% through 2034.
The last few years have seen tremendous construction projects in the country. This has necessitated the widespread adoption of fire stopping materials to address the unique fire safety challenges associated with vertical constructions.
The United Kingdom fire stopping material market is also growing due to a rising emphasis on retrofitting existing structures for improved fire safety.
Fire Stopping Material Market in China
China is another country leading the market in the Asian region. The Chinese fire stopping material market is anticipated to register a CAGR of 12.80% through 2034.
China's construction industry, in the last few years, has experienced significant growth, with numerous infrastructure projects and urban development initiatives. This has led to a rising demand for fire-stopping materials in both residential and commercial construction.
The Chinese government's increasing emphasis on safety standards in construction projects and the implementation of stringent building codes are also driving the adoption of fire-stopping materials to enhance overall safety levels.
Fire Stopping Material Market in the United States
In the North American region, the United States leads the market. Over the next ten years, the demand for fire stopping material is projected to rise at a 12.50% CAGR.
There is a growing awareness among builders and property owners in the USA about the importance of fire safety. This desire for risk mitigation has led to increased adoption of fire-stopping materials.
The expansion of the commercial construction sector, including office buildings, shopping malls, and industrial facilities, has fueled the demand for fire-stopping materials to meet safety requirements in these diverse projects.
Competitive Landscape
Hilti Corporation, 3M Company, Rockwool International A/S, BASF SE, Specified Technologies Inc. (STI), H. B. Fuller Company, and RectorSeal LLC are key players in the fire stopping materials market. These companies have expanded and diversified their product offerings to cater to a wide range of applications and provide comprehensive solutions for various industries, including construction, infrastructure, and manufacturing. Besides this, they are also adopting emerging technologies in manufacturing, such as automation and advanced material science, to stay competitive and maintain efficiency in production processes.
Recent Developments
In September 2023, scientists in the United States successfully developed a silicon-based coating to impede the spread of fires by hindering materials from contacting flames. The coating, designed to reduce combustion at the molecular level, addresses the complexity of fire, as explained by Professor Martin Thuo of North Carolina State University.
In January 2022, Australian and Chinese researchers developed an innovative flame retardant coating inspired by lava. Applied to materials like foam insulation, the coating forms a ceramic layer when exposed to heat, halting flames effectively and offering a cheap, nontoxic solution for enhanced building fire safety.
In May 2020, Roxtec introduced the GK Firestop sealing kit, providing efficient certified fire protection above the waterline for marine and offshore applications. With lightweight, halogen-free materials, the kit addresses shipyards' need to seal cables in deck and bulkhead entries, offering a solution for high cable density.
Key Companies in the Market
Hilti Corporation
3M Company
Rockwool International A/S
BASF SE
Specified Technologies Inc. (STI)
H. B. Fuller Company
RectorSeal LLC
STI Firestop
Promat International
Metacaulk (a product line of RectorSeal)
Everbuild Building Products Ltd.
Ruskin Company
Roxul Inc. (now known as Rockwool)
Emerson Electric Co. (Formerly known as Nelson Firestop)
Fosroc International Limited
FlameStop Australia Pty Ltd.
Rheinzink
Lloyd Industries Inc.
Fendolite (India) Limited
R. Brothers Waterproofing Industries Pvt. Ltd.
Market Segmentation
By Type:
Mortars
Sealants
Cast-in devices
Boards
Putty and Putty Pads
Collars
Wraps/strips
Others
By Application:
Electrical
Mechanical
Plumbing
Others
By End Use:
Commercial
Industrial
Residential
By Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Frequently Asked Questions
How Big is the Fire Stopping Material Market in 2024?
The global fire stopping material market is expected to be worth US$ 2.1 billion by 2024.
What is the Sales Forecast for Fire Stopping Material by 2034?
The market for fire stopping material is expected to reach US$ 6.5 billion by 2034.
At What Rate is the Market Growing through 2034?
The market is growing at a CAGR of 12.2% from 2024 to 2034.
Which are the Key Manufacturing Companies for Fire Stopping Materials?
Some of the key players in the market are Hilti Corporation, 3M Company, Rockwool International A/S, BASF SE, Specified Technologies Inc. (STI), H. B. Fuller Company, RectorSeal LLC, etc.
Which is the Most Popular Fire Stopping Material?
Sealants are the most preferred fire stopping material dominating the market.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Type, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Type, 2024 to 2034
5.3.1. Sealants
5.3.2. Mortar
5.3.3. Boards
5.3.4. Others
5.4. Y-o-Y Growth Trend Analysis By Type, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Type, 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Application, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2024 to 2034
6.3.1. Electrical
6.3.2. Mechanical
6.3.3. Plumbing
6.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-User
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) Analysis By End-User, 2019 to 2023
7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End-User, 2024 to 2034
7.3.1. Residential
7.3.2. Commercial
7.3.3. Industrial
7.4. Y-o-Y Growth Trend Analysis By End-User, 2019 to 2023
7.5. Absolute $ Opportunity Analysis By End-User, 2024 to 2034
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023
8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034
8.3.1. North America
8.3.2. Latin America
8.3.3. Western Europe
8.3.4. Eastern Europe
8.3.5. South Asia and Pacific
8.3.6. East Asia
8.3.7. Middle East and Africa
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
9.2.1. By Country
9.2.1.1. USA
9.2.1.2. Canada
9.2.2. By Type
9.2.3. By Application
9.2.4. By End-User
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Type
9.3.3. By Application
9.3.4. By End-User
9.4. Key Takeaways
10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Type
10.2.3. By Application
10.2.4. By End-User
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Type
10.3.3. By Application
10.3.4. By End-User
10.4. Key Takeaways
11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. UK
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Western Europe
11.2.2. By Type
11.2.3. By Application
11.2.4. By End-User
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Type
11.3.3. By Application
11.3.4. By End-User
11.4. Key Takeaways
12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Country
12.2.1.1. Poland
12.2.1.2. Russia
12.2.1.3. Czech Republic
12.2.1.4. Romania
12.2.1.5. Rest of Eastern Europe
12.2.2. By Type
12.2.3. By Application
12.2.4. By End-User
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Type
12.3.3. By Application
12.3.4. By End-User
12.4. Key Takeaways
13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Bangladesh
13.2.1.3. Australia
13.2.1.4. New Zealand
13.2.1.5. Rest of South Asia and Pacific
13.2.2. By Type
13.2.3. By Application
13.2.4. By End-User
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Type
13.3.3. By Application
13.3.4. By End-User
13.4. Key Takeaways
14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Country
14.2.1.1. China
14.2.1.2. Japan
14.2.1.3. South Korea
14.2.2. By Type
14.2.3. By Application
14.2.4. By End-User
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Type
14.3.3. By Application
14.3.4. By End-User
14.4. Key Takeaways
15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. South Africa
15.2.1.3. Israel
15.2.1.4. Rest of MEA
15.2.2. By Type
15.2.3. By Application
15.2.4. By End-User
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Type
15.3.3. By Application
15.3.4. By End-User
15.4. Key Takeaways
16. Key Countries Market Analysis
16.1. USA
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2023
16.1.2.1. By Type
16.1.2.2. By Application
16.1.2.3. By End-User
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2023
16.2.2.1. By Type
16.2.2.2. By Application
16.2.2.3. By End-User
16.3. Brazil
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2023
16.3.2.1. By Type
16.3.2.2. By Application
16.3.2.3. By End-User
16.4. Mexico
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2023
16.4.2.1. By Type
16.4.2.2. By Application
16.4.2.3. By End-User
16.5. Germany
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2023
16.5.2.1. By Type
16.5.2.2. By Application
16.5.2.3. By End-User
16.6. UK
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2023
16.6.2.1. By Type
16.6.2.2. By Application
16.6.2.3. By End-User
16.7. France
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2023
16.7.2.1. By Type
16.7.2.2. By Application
16.7.2.3. By End-User
16.8. Spain
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2023
16.8.2.1. By Type
16.8.2.2. By Application
16.8.2.3. By End-User
16.9. Italy
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2023
16.9.2.1. By Type
16.9.2.2. By Application
16.9.2.3. By End-User
16.10. Poland
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2023
16.10.2.1. By Type
16.10.2.2. By Application
16.10.2.3. By End-User
16.11. Russia
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2023
16.11.2.1. By Type
16.11.2.2. By Application
16.11.2.3. By End-User
16.12. Czech Republic
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2023
16.12.2.1. By Type
16.12.2.2. By Application
16.12.2.3. By End-User
16.13. Romania
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2023
16.13.2.1. By Type
16.13.2.2. By Application
16.13.2.3. By End-User
16.14. India
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2023
16.14.2.1. By Type
16.14.2.2. By Application
16.14.2.3. By End-User
16.15. Bangladesh
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2023
16.15.2.1. By Type
16.15.2.2. By Application
16.15.2.3. By End-User
16.16. Australia
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2023
16.16.2.1. By Type
16.16.2.2. By Application
16.16.2.3. By End-User
16.17. New Zealand
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2023
16.17.2.1. By Type
16.17.2.2. By Application
16.17.2.3. By End-User
16.18. China
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2023
16.18.2.1. By Type
16.18.2.2. By Application
16.18.2.3. By End-User
16.19. Japan
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2023
16.19.2.1. By Type
16.19.2.2. By Application
16.19.2.3. By End-User
16.20. South Korea
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2023
16.20.2.1. By Type
16.20.2.2. By Application
16.20.2.3. By End-User
16.21. GCC Countries
16.21.1. Pricing Analysis
16.21.2. Market Share Analysis, 2023
16.21.2.1. By Type
16.21.2.2. By Application
16.21.2.3. By End-User
16.22. South Africa
16.22.1. Pricing Analysis
16.22.2. Market Share Analysis, 2023
16.22.2.1. By Type
16.22.2.2. By Application
16.22.2.3. By End-User
16.23. Israel
16.23.1. Pricing Analysis
16.23.2. Market Share Analysis, 2023
16.23.2.1. By Type
16.23.2.2. By Application
16.23.2.3. By End-User
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Type
17.3.3. By Application
17.3.4. By End-User
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. RECTORSEAL CORPORATION
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.2. SPECIFIED TECHNOLOGIES, INC
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.3. HILTI GROUP
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.4. BASF SE
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.5. RPM INTERNATIONAL, INC
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.6. 3M Company
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.7. SIKA AG
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.8. MORGAN ADVANCED MATERIALS
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.9. KNAUF INSULATION
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.10. ETEX GROUP
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
19. Assumptions & Acronyms Used20. Research Methodology
