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Global FIre Sealant industry sales will reach 729.58 million sud by 2022

Author: QYResearch Publish date: 2018-03-15 Views: 11
​The Fire Barrier Sealant industry was 536.80 million USD in 2017 and is projected to reach USD 729.58 million USD by 2022, at a CAGR (Compounded Annual Growth Rate) of 5.25% between 2017 and 2022.

The industry is relatively concentration, the key brand include 3M Company, Hilti, Rockwool, H. B. Fuller, Bostik (Arkema), Tremco, Everbuild (Sika AG), Specified Technologies, Fosroc (JMH Group), Pecora, Trafalgar Fire, Promat, Metacaulk (Rectorseal), Entc Nuclear Technology, Bai Yun Chemical and so on. The 3M Company is the leader with about 31% revenue market share in 2017.


Price in US and EU is much higher than that of China and other developing countries due to their high quality and powerful functionalities. Developing countries such as China and India is more likely to attract more investment opportunity for their potential demand.


Fire barrier sealants require no maintenance when installed in accordance with the specifications mentioned by the manufacturer; which, in turn has surged the market demand for them. It is expected that with rising concern for safety and security of lives and property worldwide, the market for fire barrier sealants will grow consistently over the next few years.


Besides, manufacturers of fire barrier sealants have been implementing aggressive advertising, pricing, marketing and distribution strategies so as to augment their volume sales and thereby, increase market penetration. This is expected to boost growth of the fire barrier sealants market in the near future.


Manufacturers of fire barrier sealants have also been focusing on developing products with additional features, such as enabling these sealants to additionally act as barriers against airborne sound transmission. Ease of application of fire barrier sealants has also been an important criteria attributing to the growth in their demand.


The Global Fire Barrier Sealant Sales Market Report 2017 report released by QYResearch provides a basic overview of the Fire Barrier industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.


The report then focuses on major industry players in United States, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Fire Barrier industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.



Click to view the full report:http://www.qyresearchglobal.com/goods-1218735.html
QYResearchglobal focus on market survey and report 
Media contact: press@qyresearch.com


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