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Firestop Contractors - Industry Market Research Report

  • July 2016
  • -
  • Ibisworld
  • -
  • 28 pages

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Firing up: Favorable regulation and accelerating construction activity will boost demand



Abstract

Firestop Contractors

The Firestop Contractors industry has experienced strong growth over the five years to 2016, thanks to increasing levels of private investments in nonresidential construction, one of the industry's primary downstream markets. Moreover, industry revenue is expected to continue growing over the next five years, as continued accommodative lending rates benefit firestop contractors. In addition, increased investment in industrial infrastructure will ultimately result in higher demand for firestop construction projects.

Contractors in this industry primarily construct and maintain firestops, which are passive fire-protection systems used to seal openings and joints in wall and floor assemblies. Firestops include fire and smoke dampers as well as fire doors. The industry does not provide fireproof insulation services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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