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Firestop Contractors in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Firestop Contractors Market Research Report | Specialist Engineering, Infrastructure & Contractors | Specialist Contractors | Jul 2016

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

IBISWorld’s Firestop Contractors market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$825m
Annual Growth 11-16
2.5%
Annual Growth 16-21
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Profit
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Employment
5,642
Businesses
1,076
Industry Analysis & Industry Trends

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.... purchase to read more

Industry Report - Industry Investment Chapter

The Firestop Contractors industry has a low level of capital intensity, with operators spending an estimated $0.02 on capital for every dollar spent on labor. Industry contractors primarily use specialty tools to perform installation and repair of firestopping and fireproofing. Nonetheless, companies incur minor capital costs, which include the use and replacement of equipment and vehicles. Capital intensity rose slightly during the past five years as wages contracted initially and equipment costs remained steady throughout the past five years... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Firestop Contractors Industry?

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.

Industry Products
Firestop installationFirestop surveyingFirestop maintenance
 
Industry Activities
Firestop installationFirestop surveyingFirestop maintenance


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