Fire Protection System Pipes Market Forecast 2024-2033

Overview and Scope
Fire protection system pipes refer to automatic sprinkler systems and other water systems that are used to put out fires and carry water or other liquid to connect firefighting equipment. For ease of identification by firefighters and other personnel, these pipes are generally painted red to set them apart from other water systems.

Sizing and Forecast
The fire protection system pipes market size has grown strongly in recent years. It will grow from $15.52 billion in 2023 to $16.43 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to stringent building codes and regulations, increasing urbanization and construction activities, growing awareness of fire safety, increasing investments in infrastructure development, rise in fire incidents and losses.

The fire protection system pipes market size is expected to see strong growth in the next few years. It will grow to $20.96 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to integration with building automation systems, rising demand in the oil and gas industry, strategic partnerships and collaborations, focus on sustainable and eco-friendly solutions,, expansion of the warehousing and logistics sector. Major trends in the forecast period include advanced materials for pipe construction, integration of smart technologies, focus on lightweight and flexible pipes, increased emphasis on retrofitting, adoption of pre-engineered systems.

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Segmentation & Regional Insights
The fire protection system pipes market covered in this report is segmented –

1) By Type: Seamless Pipes, Welded Pipes
2) By Material: Steel, CPVC, Copper, Other Materials
3) By Application: Fire Suppression System, Fire Sprinkler System
4) By End-Use Industry: Residential, Industrial, Commercial

North America was the largest region in the fire protection system pipes market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global fire protection system pipes market report during the forecast period. The regions covered in the fire protection system pipes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The increase in loss of human lives and property due to fire breakouts is expected to significantly drive the fire protection system pipe market going forward. Fire breakouts refer to tragic occurrences that may result in the loss of property and horrifying burn injuries that inflict excruciating agony, scarring, deformity, disability, the need for ongoing care, and even death. Fire protection system pipes are major protectors from fire accidents. This has sprinklers and smoke detectors. If a fire starts, smoke triggers the detector, turning on the sprinkler system, so these factors boost the fire protection system pipe market. For instance, in September 2021, according to a survey conducted by the National Fire Protection Association (NFPA), a US-based non-profit organization, local fire departments in the US responded to 1.35 million fire incidents in 2021. 3,800 civilians lost their lives in these fires, and 14,700 civilian fire injuries were also reported. The estimated cost of the property destruction brought on by these fires was $15.9 billion. Therefore, the increase in loss of human lives and property due to fire breakouts is expected to drive the growth of the fire protection system pipes market going forward.

Key Industry Players

Major companies operating in the fire protection system pipes market report are Johnson Controls International PLC, Simona AG, Tata Steel Ltd., China Lesso Group Holdings Ltd., Astral Limited, Aquatherm LLC, Bull Moose Tube Company, Engineered Fire Piping S.L., Jakob Eschbach GmbH, Jindal Industries Pvt. Ltd., Kan-Therm GmbH, Mercedes Textiles Ltd., Minimax GmbH, Octal Steel, Tpmcsteel, Rawhide Fire Hose LLC, Zekelman Industries, Victaulic, Anvil International LP, Mueller Industries Inc., The Viking Corporation, Potter Electric Signal Company, Wavin BV, Globe Fire Sprinkler Corporation, Ferguson Fire & Fabrication Inc., Uponor Corporation, Lubrizol Corporation, Carpenter & Paterson Ltd., FlexHead Industries Inc., Metraflex Company

The fire protection system pipes market report table of contents includes:

1. Executive Summary
2. Fire Protection System Pipes Market Characteristics
3. Fire Protection System Pipes Market Trends And Strategies
4. Fire Protection System Pipes Market – Macro Economic Scenario
5. Global Fire Protection System Pipes Market Size and Growth
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31. Global Fire Protection System Pipes Market Competitive Benchmarking
32. Global Fire Protection System Pipes Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Fire Protection System Pipes Market
34. Fire Protection System Pipes Market Future Outlook and Potential Analysis
35. Appendix

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