PUBLISHER: Grand View Research | PRODUCT CODE: 1679585
PUBLISHER: Grand View Research | PRODUCT CODE: 1679585
The global firestopping sealants market size is anticipated to reach USD 745.4 million by 2030 and is projected to grow at a CAGR of 8.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market is expected to grow to rapid urbanization and extensive infrastructure projects, particularly in emerging economies, which are significantly increasing the demand for firestop solutions in both commercial and residential buildings. As construction standards advance, there is a heightened emphasis on fire safety, leading to the widespread adoption of firestop sealant.
The intumescent segment dominated the market with a revenue share of 69.8% in 2024. Intumescent firestop sealants, designed to expand when exposed to high temperatures, offer dependable protection by sealing openings and gaps in fire-rated walls and floors. Their ability to prevent the spread of fire and smoke makes them essential for construction projects striving to comply with strict safety standards, which significantly contributes to their growing market demand.
The silicone segment dominated the market with a revenue share of 61.1% in 2024. Firestop sealants play a crucial role in ensuring compliance with fire safety regulations and safeguarding commercial properties from fire risks, driving their increasing use in both new construction and renovation projects. Moreover, the growing focus on sustainable construction and eco-friendly building practices is accelerating the demand for advanced fire protection solutions, further boosting the adoption of these sealants.
In 2024, the commercial segment led the global market, capturing the highest revenue share. Firestop sealants are vital for ensuring compliance with fire safety regulations and safeguarding commercial properties against fire hazards, driving their widespread use in both new construction and renovation projects. In addition, the rising focus on sustainable construction and eco-friendly practices is increasing the demand for materials that offer superior fire protection, further boosting the adoption of firestop sealants in the commercial sector.
The U.S. dominates the North America market, driven by its robust construction industry and stringent fire safety regulations across residential, commercial, and industrial sectors. The steady demand for fire protection solutions is supported by leading construction companies and large-scale infrastructure projects, reinforcing the country's leadership in the market.
Some of the prominent players in the firestopping sealants industry include 3M Company, Hilti Group, Sika AG, BASF SE, Fosroc, Inc., H.B. Fuller Company, Tremco Incorporated, RPM International Inc., Promat International, Specified Technologies Inc. (STI), Pecora Corporation, and Nelson Firestop (Emerson Electric Co.).