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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 2013

Firing up: Favorable regulation and a revival in construction activity will boost demand

IBISWorld’s Firestop Contractors market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$264m
Annual Growth 08-13
-4.3%
Annual Growth 13-18
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Profit
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Employment
2,040
Businesses
201
Industry Analysis & Industry Trends

The Firestop Contractors industry has been unsteady over the five years to 2013, with revenue expected to decline at an annualized rate of 4.3%. Although the recession reduced the level of private nonresidential construction investments, one of the industry's primary downstream markets, several other factors led to fluctuating demand during this period. For example, the economic downturn forced federal and state governments to decrease investments in industry-specific activities; while institutional facilities currently make up about 36.0% of industry revenue, the demand from this sector declined over the past five years as tax revenue was allocated to other sectors of the economy.... purchase to read more

Industry Report - Industry Analysis Chapter

The Firestop Contractors industry has endured steep declines over the five years to 2013, following strong growth in the years through 2007. This was a result of the collapse in the commercial construction market and subsequent recession in the late 2000s, which hurt demand for firestopping and preventive maintenance services. During this period, existing commercial operators reduced investment in facility upgrades, while others postponed projects for better times. These negative trends reduced industry revenue and profitability even into 2011, as municipalities and schools also canceled construction projects in the face of weakened state and federal funding. From 2008 to 2013, revenue is expected to decline at an annualized rate of 4.3%... 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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