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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 | Feb 2015

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
$2bn
Annual Growth 10-15
9.9%
Annual Growth 15-20
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Profit
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Employment
10,171
Businesses
2,509
Industry Analysis & Industry Trends

The Firestop Contractors industry has experienced strong growth over the five years to 2015, thanks to increasing levels of private investments in nonresidential construction, one of the industry's primary downstream markets. Industry revenue is expected to continue growing during the next five years, as continued accommodative lending rates benefit firestopcontractors. Moreover, increased investment in industrial infrastructure will ultimately result in higher demand for firestopconstruction projects.... purchase to read more

Industry Report - Industry Analysis Chapter

The Firestop Contractors industry has been heating up over the five years to 2015, following strong growth in key downstream markets. This was a result of the rebound and acceleration of the commercial construction market, which benefited demand for firestopping and preventive maintenance services. During this period, especially after 2011, existing commercial operators increased investment in facility upgrades and in new construction projects. These positive trends widened industry revenue and profitability. Furthermore, municipalities and schools also began to increase their construction projects in the wake of gradually improving state funding. From 2010 to 2015, revenue is expected to increase at an annualized rate of 9.9%... 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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