Overview

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

The Firestop Contractors industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

REPORT SNAPSHOT

Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Revenue
$825m
Annual Growth
11-16
2.5%
Annual Growth
16-21
Profit
Employment
5,642
Business
1,082

Industry Threats & Opportunities

  • Increasing commercial construction has been beneficial to industry operators
  • Industry success is largely dependent upon the strength of the construction market
  • As regulations extend to the private sector, operators will benefit from new revenue streams

  • shopping_cartBUY NOW TO READ MORE

    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...

    shopping_cartBUY NOW TO READ MORE

    Industry Report - Industry Products Chapter

    Firestop installation

    Because of the high degree of labor intensity and materials involved relative to this industry's other main activities, IBISWorld estimated firestop installation accounts for 65.5% of industry revenue in 2016. Installation services primarily address penetrations, in which pipes, cables or other devices compromise the fire-blocking integrity of a surface through the creation of gaps; vertical and horizontal wall joints; expansion joints (mechanical and soft); curtain walls (perimeter edge); duct wrap (for grease and air ducts); and barrier reconstruction for walls and openings. By ..

    shopping_cartBUY NOW TO READ MORE

    Additional Insights for the Firestop Contractors Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Firestop Contractors Industry are

  • Ability to compete on tender
  • Development of a symbiotic relationship with another industry
  • Must comply with government regulations
  • IBISWorld analysts also discuss how external factors such as Value of private nonresidential construction and Regulation in the Firestop Contractors industry impact industry performance..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Industry Products

    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 installation
    Firestop surveying
    Firestop maintenance
    Industry Activities
    Firestop installation
    Firestop surveying
    Firestop maintenance

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Value of private nonresidential construction
  • Regulation
  • Number of businesses
  • Yield on 10-year Treasury note

  • Current Performance
  • Growing need for firestopping
  • Construction boom spurs demand
  • Demand for more services
  • Chart: Revenue Growth

  • Industry Outlook
  • Expanding regulation
  • Interest rates low, investments high
  • Discovering new technologies
  • Table: Firestop Contractors Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Firestop Contractors Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Construction
  • Hospitals

  • Key Selling Industries
  • Adhesive Manufacturing

  • Products & Services
  • Firestop installation
  • Firestop surveying
  • Firestop maintenance
  • Chart: Firestop Contractors Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Other facilities
  • Healthcare facilities
  • Educational facilities
  • Chart: Major Market Segmentation for the Firestop Contractors Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Firestop Contractors

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Firestop Contractors Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Firestop Contractors Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Firestop Contractors Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Value of private nonresidential construction (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Firestopping
  • The process of systematically sealing the service penetrations and apertures in the walls and floor slabs of a building, thereby converting it into a series of fireproof boxes.
  • Penetrations
  • Pipes, cables or other devices that compromise the fire-blocking integrity of a surface through the creation of gaps.
  • Photoluminescent
  • Also known as glow-in-the-dark, the ability of a material to absorb and then emit light.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Firestop Contractors:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Firestop Contractors market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Firestop Contractors, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Join IBISWorld today

    Contact Us

    Want to speak to a representative? Call us.

    clear