USD 12.07 billion
Report ID:
SQSG20B2003 |
Region:
Global |
Published Date: July, 2036
Pages:
157
|Tables:
95
|Figures:
76
Fire Sprinkler Pipes Market size was valued at USD 12.07 billion in 2019 and is poised to grow from USD 20.27 billion in 2023 to USD 29.54 billion by 2031, growing at a CAGR of 4.8% in the forecast period (2024-2031).
Fire sprinkler pipes are typically made of carbon steel or ductile iron and are used to transport water or other liquids for firefighting equipment. It is also referred to as fire safety pipe and fittings. According to the corresponding rules and regulations, the fire pipeline must be painted red (or coated with a red anti-corrosion epoxy coating) and must be connected to another pipeline system separately. Because the fire sprinkler pipe is typically installed in a fixed location, it requires a high level of quality control.
Fire sprinkler pipes work with flammable materials on a regular basis, industries such as oil and gas, mining, and petrochemical are prone to fires. Due to frequent loss of life and property in fires, the installation rate of these sprinkler systems has increased in recent years. Furthermore, manufacturers are constantly improving their products and introducing high-performance systems that use as little water as possible. For example, HI-FOG technology effectively cools flames and displaces oxygen locally while using significantly less water than traditional sprinkler systems. Manufacturers have also introduced high-performance automatic systems that detect fires using thermal radiation technology. Furthermore, governments all over the world are enforcing strict regulations for the installation of fire sprinklers in both public and private buildings which will help to grow the fire sprinkler pipes market.
US Fire Sprinkler Pipes Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 12.07 billion
Largest Segment
Seamless Steel Pipe
Fastest Growth
Seamless Steel Pipe
Growth Rate
4.8% CAGR
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The global fire sprinkler pipes market is segmented based on the product type, consumer, end use and region. Based on product type, the Fire Sprinkler Pipes Market is segmented into seamless steel pipe, welded steel tube, and CPVC. Based on consumer, the Fire Sprinkler Pipes Market is segmented into commercial, residential, transportation & logistics, oil & gas, mining, and others. Based on the End use, the Fire Sprinkler Pipes Market is segmented into wet pipe systems, dry pipe systems, deluge systems, pre-action systems, and others. Based on Region Fire Sprinkler Pipes Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Fire Sprinkler Pipes Market Analysis by Product Type
The Global Fire Sprinkler Pipes market is segmented into seamless steel pipe, welded steel tube, and CPVC. In 2021, the seamless steel pipe segment dominates the market with a market share of 39% and continues to dominate the market throughout the forecasted period. Steel has traditionally been the material of choice for fire sprinklers. The CPVC segment is the fastest growing. CPVC pipe has superior hydraulics to steel pipe, smaller diameter CPVC pipe can be used, and hydraulics calculations aid in cost savings. It also allows CPVC piping runs to fit into smaller spatial gaps than steel piping, giving it an advantage in design over steel. Corrosion in steel pipe systems is caused by a combination of water, chemicals, oxygen, and the gradual deterioration of zinc coating at weld points. Over time, this can cause pinhole leaks in a steel pipe of a fire sprinkler system. CPVC will never corrode, increasing safety and reducing service interruptions.
Fire Sprinkler Pipes Market Analysis by End Use
Based on the End Use, the global fire sprinkler pipes market is segmented into wet pipe systems, dry pipe systems, deluge systems, pre-action systems, and others. Among these, the Wet Pipe Systems segment dominates the market with a market share of 49% and continues dominating the market throughout the forecasted period. Wet pipe systems are the most common fire sprinkler system. A wet pipe system is one in which water is constantly maintained within the sprinkler piping. Wet sprinkler systems are the most popular choice for most businesses because they are easy to use and require less maintenance. Pre-action system witnessed the fastest CAGR till 2028. Pre-action systems are used to protect areas where water damage from damaged sprinklers or piping needs to be avoided. The major difference between a deluge suppression system and a pre-action system is that pre-action systems are filled with compressed air. The sprinkler heads remain closed until needed, and a pre-action valve holds back the water.
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North America is the highest contributor to in global fire sprinkler pipes market with the market share of 33% in 2021. Stringent government regulations, increasing investment in smart and advanced safety technologies, and awareness regarding the products are some of the major factors driving the North America market’s growth. Asia Pacific is projected to be the fastest region during the forecasted period. The increasing urbanization in countries like China, India, Japan is boosting the demand for fire sprinkler systems. In China, the government has provided building designing codes to provide fire protection. In 2019, Indian government introduces new norms, the residents and commercial properties need to conduct Fire Safety Audits in every half-yearly and submitting its report to the regulated fire department.
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Fire Sprinkler Pipes Market Driver
Stringent Government Regulations
Technology Innovation Drive the Growth
Fire Sprinkler Pipes Market Restraint
High expenditures for fire protection system installation and maintenance
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The Global Fire Sprinkler Pipes market is relatively fragmented, with a high level of competition. Global Fire Sprinkler Pipe manufacturers are launching strategic initiatives and taking steps to capitalise on emerging Fire Protection System Market opportunities. Fire Protection System Market leaders have introduced more innovative products to meet changing client needs. Johnson Controls, for example, offered the Smart Fire Sprinkler Monitoring solution. This technology enabled cloud-based monitoring 24 hours a day, seven days a week, reducing building damage and preventing system failure.
Fire Sprinkler Pipes Market Top Player's Company Profiles
Fire Sprinkler Pipes Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global fire sprinkler pipes market analysis, Fire sprinkler pipes frequently come into contact with flammable materials; industries such as oil and gas, mining, and petrochemical are prone to fires. The installation of these sprinkler systems has increased in recent years as a result of the frequent loss of life and property in fires. Furthermore, manufacturers are constantly improving their products and introducing high-performance water-saving systems. The seamless steel pipe segment dominates the market in 2021 with a 39% market share and will continue to dominate the market throughout the forecasted period.
Report Metric | Details |
---|---|
Market size value in 2019 | USD 12.07 billion |
Market size value in 2031 | USD 29.54 billion |
Growth Rate | 4.8% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Fire Sprinkler Pipes Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Fire Sprinkler Pipes Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Fire Sprinkler Pipes Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Fire Sprinkler Pipes Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQSG20B2003
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