The global preformed firestop devices market size was $284.0 million in 2020 and is expected to reach $522.2 million by 2030, registering a CAGR of 6.0% from 2021 to 2030. In 2020, sleeves & pathways segment dominated the global preformed firestop devices market accounting for two-fourths share of the market.
In addition, the Preformed Firestop Devices Market report outlines upstream raw materials, marketing channels, downstream customer surveys, and industry development trends that provide vital information about manufacturing equipment suppliers, major distributors, raw materials suppliers, and major customers.
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In addition, the report offers a SWOT analysis including information regarding driving and restraining factors of the market growth. Such statistical tools provide vital information regarding understanding lucrative opportunities in the market. The report is essential for market players and new industry entrants to devise their strategies and leverage the opportunities in the market.
The Preformed Firestop Devices Market report offers a comprehensive study of the dynamic factors including drivers, restraints, challenges, and opportunities. The drivers and opportunities aid to understand the rapidly changing industry trends and their impact on the growth of the market. In addition, the restraints and challenges help understand profitable market investments. The report includes quantitative and qualitative analyses of the market.
Covid-19 scenario:
The global Preformed Firestop Devices report includes an in-depth analysis of the impact of the Covid-19 pandemic on the market. Moreover, it helps the frontrunners in the industry to devise new strategies to gain a competitive edge over other companies and how to deal with sudden changes in value and supply chain without compromising the credibility of the business.
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The report provides a study of the past and current market trends and evaluates the future opportunities. The Preformed Firestop Devices market study focuses on the market trends and upcoming opportunities that help understand the driving factors of the market. In addition, the report offers granular, robust, and qualitative data.
Key Segments:
By Type –
Sleeves & Pathways
Fire Brick, Blocks, & Plugs
Others
BY APPLICATION
Plumbing
Electrical
Others
Major market players analyzed in the report:
3M Company, BASF SE, Etex Group, Hilti Group, Knauf Insulation, Morgan Advanced Materials, RectorSeal Corporation, RPM International, Inc., Sika AG, and Specified Technologies, Inc.
The study of the market players covers the company overview, price analysis, and value chain, along with portfolio analysis of services and products. These players have adopted various strategies such as partnerships, new product launches, joint ventures, and mergers & acquisitions to maintain their foothold in the market.
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