Global Fire Collars Market Insights Forecasts to 2033

• The Global Fire Collars Market Size was estimated at USD 320.5 Million in 2023
• The Market Size is Expected to Grow at a CAGR of around 5.17% from 2023 to 2033
• The Worldwide Fire Collars Market Size is Expected to Reach USD 530.4 Million by 2033
• North America is expected to grow the fastest during the forecast period.

The Global Fire Collars Market Size is expected to cross USD 530.4 Million by 2033, growing at a CAGR of 5.17% from 2023 to 2033.

Market Overview  

The industry and commercial sector that produces, distributes, and sells fire collars is known as the "fire collars market." These collars are usually placed around pipes, cables, or ducts that go past fire-rated barriers to preserve the structure's fire-resistance certification. A fire collar is a safety feature used in building construction to stop smoke and fire from spreading through gaps in fire-resistant floors, walls, and ceilings. The route is sealed in the event of a fire owing to the materials used to make fire collars, such as intumescent steel or other fire-resistant materials. The fire collar market is being driven by the implementation of stricter construction rules and an increased focus on fire compartmentation. The rising fire safety regulations in different areas are driving the growth of fire collars market. The implementation of strict building standards and an increase in fire incidents are the main factor driving the growth of fire collars market. The increasing focus on safety rules and fire laws in a variety of industries is driving the growth of fire collars market.       

Report Coverage

This research report categorizes the fire collars market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the fire collars market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the fire collars market.

Driving Factors

One of the main factors driving the fire collars market has been the increased awareness of fire safety and the vital significance of fire prevention measures. The stringent construction regulations are primary factors driving the fire collars market. Governments are enacting and enforcing stricter legislation to increase fire safety and property security. Increasing construction activity, the growing need for fire protection systems, and more stringent fire safety building requirements are some of the factors propelling the fire collars market. 

Restraining Factors

The fire collar market can be significantly constrained by the high production costs. The rising cost of the components required to manufacture fire collars, changes in the price of these components can result in variations in their availability.

Market Segmentation

The fire collars market share is classified into type and application.     

• The stainless steel cases segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the type, the fire collars market is divided into stainless steel cases, steel cases, and others. Among these, the stainless steel cases segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. A common material for kitchenware, silverware, and appliances is stainless steel cases. This is due to it being inert, resistant to rust, and capable of withstanding destruction when used for food preparation or preservation. 

• The hospitals segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the application, the fire collars market is divided into office buildings, hospitals, shopping centers, and others. Among these, the hospitals segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. The majority of the fire collars market is used by the hospital sector as hospitals are essential healthcare facilities that provide aged care, specialized medical services, and essential medications to clients in need.  

Regional Segment Analysis of the Fire Collars Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific is anticipated to hold the largest share of the fire collars market over the predicted timeframe.

Asia Pacific is anticipated to hold the largest share of the fire collars market over the predicted timeframe. The market is being bolstered by the growing focus on passive fire protection in Asia Pacific. The renowned universities, research facilities, and technology companies that conduct cutting-edge optical and convergent circuit studies in the region, contribute to market growth. Development is stimulated by this strong R&D ecosystem, which drives advances in fire safety systems for food processing circuits.   

North America is expected to grow at the fastest CAGR growth of the fire collars market during the forecast period. The tightening of fire safety rules by local, state, and national building codes is a major factor driving the demand for fire collars in North America. In order to maintain the structural integrity of fire barriers, fire collars are essential for sealing penetrations within fire-rated walls and floors.  

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the fire collars market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Snap Fire Systems
• FireSeal AB
• ROCKWOOL A/S
• PFC Corofil
• RectorSeal
• Walraven
• Allproof
• Promat
• Pyroplex Ltd.
• DST Group Ltd.
• STI Firestop
• KBS Corporate Sales Ltd.
• Astroflame
• Airflow Developments Limited
• Others  

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the fire collars market based on the below-mentioned segments: 

Global Fire Collars Market, By Type  

• Stainless Steel Cases
• Steel Cases
• Others

Global Fire Collars Market, By Application

• Office Buildings
• Hospitals
• Shopping Centers
• Others

Global Fire Collars Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa