Fire Protection System Pipes Market

Fire Protection System Pipes Market

The global fire protection system pipes market was valued at USD 20.6 billion in 2022 and is projected to reach USD 28.5 billion by 2027, growing at a cagr 6.7% from 2022 to 2027. Growth of the market is fueled by the growth of the construction industry, increase in loss of human lives and property due to fire breakouts, stringent regulatory compliances, and rise in the adoption of wireless technology in fire detection systems.

Attractive Opportunities in the Fire Protection System Pipes Market

Note: e – estimated, p - projected

Source: Expert Interviews, Secondary Sources, and MarketsandMarkets Analysis

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Fire Protection System Pipes Market Dynamics

Drivers: Increasing urbanization and infrastructure development

The construction industry has been growing quickly in the past few years. According to the Global Construction Perspective, the global construction market is projected to grow to USD 8 trillion by 2030. Growth in the construction industry in the US is attributed to the high demand for housing and commercial places. The construction industry in Asia Pacific and Europe is expected to grow significantly over the next few years, driven by increasing infrastructure spending in both regions despite the challenges in the financial market.

Restraints: High installation and maintenance costs

High initial investments are required for the implementation of fire protection systems. This is due to the complexity of networks and the need to develop sophisticated tools to counter a fire situation. Due to this, vendors need to upgrade their solutions and develop new technologies regularly. Companies are spending a large amount of money on developing these advanced technologies, thereby increasing the cost of procurement for enterprises and government agencies to provide complete fire protection to infrastructure.

Opportunities: Periodic revision of regulatory compliance to increase fire safety

Authorities in most developed countries, such as the US, Canada, and Japan, have amended their standard building codes for mandates related to fire protection system installations. For example, the impact of the Sarbanes–Oxley Act on US-based companies has changed the fiduciary responsibilities of executive leadership, which now is not just about financial reporting but extends to all areas of risk management, including safety concerns. As a result, firms are spending millions of dollars to evaluate and correct shortcomings in the fire protection systems of their facilities, especially in locations where firefighting infrastructure is weak. Further, the Fire Safety Act in the UK received Royal Assent on 29 April 2021 and commenced on 16 May 2022. The Act amends the Regulatory Reform Order 2005, named the Fire Safety Order. This Act specifies that responsible persons (RPs) living in residential buildings must manage and reduce the risk of fire for the structure and external walls of the building, which includes cladding, windows, balconies, and entrance doors to individual flats that open into common parts.

Challenges: Lack of configuration and integration in fire protection solutions

The integration of user interface when numerous solutions are used in a control mechanism is a major challenge for fire protection system pipes market. If fire protection system pipes are directly connected to a centralised building control system, it can be effective and economical. This will enable information to be gathered from a central point and follow-up regulatory actions to be initiated immediately in case of emergency.

Welded pipes dominated fire protection system pipes market

The welded segment accounted for the larger share of the market in 2021. The higher demand for welded pipes is mainly attributed to their lower price when compared to seamless pipes.

Asia Pacific is the fastest-growing region for welded pipes in the fire protection system pipes market. The growth of this market is attributed to the rising demand from the domestic market and rapid growth in end-use industries, such as oil & gas, marine, and construction.

Countries such as China, India, Vietnam, and Indonesia are identified as high-growth markets as there are increasing opportunities and demand for fire protection system pipes. Markets in countries, such as Vietnam and Indonesia, are growing at high rates in product finishes, marine, and other heavy industries.

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Asia Pacific is the fastest-growing epoxy adhesives market.

Asia Pacific is a major market of fire protection system pipes, and is expected to grow faster during the forecast period. The growing manufacturing industries, cheap labor, high economic growth rate attributed to the growth of the fire protection system pipes market. Other factors such as global shift of production and consumption capacities from developed markets to emerging markets also contributes to the growth of the fire protection system pipes market in Asia Pacific.

Asia Pacific has more than half the world’s population and is increasingly becoming an important region for global trade and commerce. Japan, China, South Korea, and India are the major manufacturers of raw materials used in fire protection system pipes. Each of these countries strives to stimulate domestic consumption, which is expected to play an important role in driving the demand for fire protection system pipes during the forecast period.

Key Market Players

Johnson Controls (Ireland), Tata Steel (India), Simona AG (Germany), Astral Pipes (India), China Lesso (China) are the key players in the global fire protection system pipes market.

Johnson Controls is a provider of sustainable and smart buildings, industrial refrigeration, retail solutions, batteries, and oil and gas products. The company conducts its business in four business segments: Building Solution North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, Global Products. It offers fire protection system pipes through all the four segments.

Fire Protection System Pipes Market Report Scope

This research report categorizes the fire protection systems pipes market based on Type, End-use Industry, and Region.

By Type:

• Seamless Pipes
• Welded Pipes

By Material:

• Steel
• CPVC
• Copper
• Others

By Application:

• Fire Suppression System
• Fire Sprinkler System

By End-use Industry:

• Residential
• Industrial
• Commercial

By Region:

• Asia Pacific
• Europe
• North America
• Middle East & Africa
• South America

Recent Developments

• In November 2022, Johnson Controls launched OpenBlue Enterprise Manager (OBEM) on Alibaba Cloud, a cloud computing and artificial intelligence service provider. This collaboration helps buildings to reduce carbon footprints, improve operational efficiency, optimize asset performance, and occupant health and experience. It is also expected to help Johnson Controls to expand its presence in the Chinese market.
• In November 2022, Zekelman Industries signed a definitive agreement to acquire the asset of EXLTUBE from SPS Companies, Inc., A manufacturer of mechanical tubing, hollow structural sections, standard pipes, and speciality products. This acquisition strengthened the manufacturing capabilities of steel tube and pipe of Zekelman Industries. It is expected to also add-on three co-located mills and 530,000+ square feet of warehouse and manufacturing space in the Kansas city region. This acquisition is  expected to improve the service and enhance its product portfolio.

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